In 2022, the market for power tools is anticipated to be worth US$33.36 billion. The demand for electric power tools and portable power tools will increase exponentially over the next few years, according to the most recent Future Market Insights (FMI) analysis. Demand for handheld and pneumatic power tools will also increase due to their growing use in …
Category Archives: Press Release
Rising Emphasis on Automobile Production is Spurring Demand For Industrial Robotics
By the end of 2028, the market for industrial robotics is anticipated to reach US$ 96.82 billion. The market is expanding as there is an increasing focus on improving the productivity of high-volume production lines, particularly in the production of semiconductors and electronic devices. Sales in the global industrial robotics market are anticipated to reach US$ 33.75 Bn by …
NFC Reader ICs Market is Estimated to Reach US$ 50 Billion by 2032 – Report by Future Market Insights, Inc.
The market for NFC reader ICs was valued at about US$ 18 billion globally in 2021, and it is anticipated to reach US$ 50 billion by 2032. Additionally, due to growing demand for NFC reader ICs from a variety of industries, including BFSI, healthcare, and media & entertainment, the global market for NFC reader ICs is expected …
Smart Sensor Market 2022 New Technological Development Projecting Massive Growth till 2032
In 2022, the global smart sensor market is expected to be worth approximately US$ 37.6 billion. However, with increasing adoption of smart sensors across diverse end-use verticals such as consumer electronics, automotive, security & defence, and healthcare, overall sales of smart sensors are expected to rise at a rapid CAGR of around 19.2 percent between 2022 and …
GigE Camera Market to Receive Overwhelming Hike US$ 5.8 Billion in Revenues by 2032: Report by FMI
The global GigE camera market is anticipated to develop at a CAGR of 9.1% from 2022 to 2032, reaching US$ 5.8 billion. In 2022, its estimated worth will be US$ 3.5 billion. Sales of GigE cameras are expected to increase in the coming years as a result of these cameras’ capacity to transport data swiftly during certain …
Silicon Photonics Market is Totaling a Valuation of Over US$ 6 Billion by 2032 | Report by FMI
In 2022, the global silicon photonics market is expected to be worth approximately US$ 1.3 billion. With the increasing usage of silicon photonic products in a wide range of applications, global demand is expected to expand at a staggering CAGR of more than 26.0% between 2022 and 2032, totaling more than US$ 6 billion by …
HVAC Software Market is Projected to Reach US$ 1.5 Billion by 2032 | Report by Future Market Insights, Inc.
The Global Help Desk HVAC Software Market was valued at US$ 624.7 Mn in 2021 and is expected to reach US$ 1.5 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, cloud-based HVAC software will remain pivotal for the market as the bulk of revenue will …
Combat Boots Market is Expected to Reach at a US$ 2.55 Bn by 2032 | Future Market Insights
The global combat boots market size is expected to be worth US$ 1.74 billion in 2022, with a projected value of US$ 2.55 billion by 2032. The demand for combat boots is expected to increase at a CAGR of 3.9% between 2022 and 2032. The combat boot market is witnessing growth due to the ongoing developments by combat boot companies. These companies are …
Reusable Sanitary Pads Market is Projected to Touch a Value of Nearly US$ 8.3 Bn in the year 2032
The global reusable sanitary pads market is estimaterd to reach a valuation of US$ 2.8 Bn in 2022. Furthermore, the overall sales are projected to increase at 11.6% CAGR, between 2022 and 2032, totaling a valuation of US$ 8.3 Bn by 2032. Reusable sanitary pads have become ideal alternatives to disposable ones due to their sustainable and eco-friendly nature. These pads are …
Cowboy Boots Market is Projected to Record a CAGR of 6.9%, Valuation to Reach US$ 462.8 Mn by the End of 2032
Global cowboy boots market is figured out to be around US$ 237.5 Million in the year 2022, accelerating with a CAGR of 6.9% during 2022-2032. The overall cowboy boots market size is anticipated to be valued at about US$ 462.8 Million by 2032 end. Current fashion preferences among young people worldwide as Western culture becomes more prevalent can be regarded as the major factor …