The global inspection machines market is expected to bolster over the projection with a robust CAGR of 5.1% over the forecast period from 2022 to 2032. The global market is anticipated to be appraised at US$ 1,053.5 Mn by 2032, up from US$ 643.1 Mn in 2022. It has been observed that a surging number of inspection checkpoints are present throughout the production line. …
Category Archives: Press Release
Sales Of Screw Compressors Will Increase At A 3.5% CAGR During 2022-2032 | FMI
Global sales of screw compressors are set to be valued at over US$ 14.8 Bn in 2022, with demand increasing at a 3.5% CAGR over the assessment period. According to Future Market Insights, increasing use of screw compressors in the oil and gas, energy and transmission, and automotive and aerospace industries is the primary driver of the …
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Rising Preference for Cost Effective Inverters in India Will Spur Demand for Solar Inverters Market
The global solar inverter market is set to reach a valuation of US$ 11 Bn in 2022. Sales in the market are forecast to increase at a 6% CAGR over the forecast period. Increasing usage of solar panels and renewable energy will augment the growth in the market. Hig adoption of solar inverters in the residential, commercial, industrial and utilities …
Global Powered Lawn Mowers Market Is Projected To Amass A Revenue Of Around US$ 2.1 Bn By 2032, Up From US$ 1.3 Bn In 2022 Moving Forward With A CAGR Of 4.7% | Data By FMI
The market for powered lawn mowers is anticipated to reach US$ 2,155.0 million in revenue by 2032, up from US$ 1,366.0 million in 2022, with a CAGR of 4.7% over the forecast period. To avoid the scruffy appearance of the lawns, the dusty old mower must be upgraded, which may be accomplished through a variety of technological advances. As a result, demand for …
The Automatic Capping Machine Market is driven by the rise in food and beverage industry Says Future Market Insights, Inc.
In 2022, the market for automatic capping machines is projected to be worth US$4,581.3 Million. During the forecast period, the market is expected to be driven by developments in filling & capping equipment, consumer lifestyle changes, and the development of new technologies in the packaging and filling machines industry. The global demand for automatic capping machines is anticipated …
GCC Mini Cranes Market Growth led by Saudi Arabia, and United Arab Emirates Says FMI
According to the Future Market Insights report, the GCC Mini Cranes Market is anticipated to reach US$ 23.3 Mn in 2022 while expanding at a CAGR of 5.8% from 2022 to 2032. Mini cranes are made to go to locations that regular or large cranes cannot, or where using them would be unreasonably expensive. Due to the expansion of public infrastructure and …
Building & Construction Segment Will Continue To Dominate The Global Biocomposites Market Says Future Market Insights, Inc.
The global Biocomposites Market is expected to increase at a robust CAGR of 16%, from US$ 25 Bn in 2021 to US$ 128 Bn in 2032. Over the forecast period, the global Biocomposites Market is predicted to increase at an exponential rate of 16%. Valued at US$ 25 Bn in 2021, the biocomposites market is anticipated to reach US$ 128 Bn by 2032. The increased research and development …
Demand for Non-Destructive Testing Equipment Market is set to grow at CAGR of 6.2% during forecast period of 2022-32. Get data insights from FMI
In 2022, the market for non-destructive testing equipment is projected to be worth US$17,324 million. Equipment for non-destructive testing is used to assess and examine a variety of characteristics of materials, components, and assemblies. As the name implies, the materials that are being evaluated are not altered or damaged by this equipment. The total demand for non-destructive testing …
Backed By The Soaring Advancements In Technologies, The 3D Laser Scanner Market Illustrates An Attractive CAGR For Forecast Period Of Next Decade. Report By FMI
In 2022, the market for 3D laser scanners is anticipated to be worth US$1,587.2 Million. The demand for 3D laser scanners is anticipated to increase over the forecast period as a result of their expanding applications in several end industries, including aerospace & defence, automotive, construction & architecture, and, others. It is anticipated that between 2022 and 2032, …
Rising Demand For Power System Across Major Nations To Drive Growth In The Charge Controller System Market For Next Decade, Projects FMI
During the anticipated period, the charge controller system market is anticipated to register a CAGR of 5.6%. By 2022, the market is expected to be worth US$ 3,241.5 million, and by 2032, it’s expected to be worth US$ 5,568.8 million. Increasing demand for power systems in all regions fuels market expansion during the projection period. Additionally, the historical CAGR from …