According to Future Market Insights (FMI), the heat pump market will increase by 3.6% annually in 2022, reaching a value of about US$ 33.1 Bn. The initial reduction of energy consumption and carbon emissions from such devices is recognised as a key market driver for heat pumps. Greater residential and construction investment will open up new markets for heat …
Category Archives: Press Release
In Terms Of Overall Growth Contributions To Global Market For Test And Measurement Equipment, Asia Pacific Comes In Second To North America.
The global test and measurement equipment market is predicted to witness a moderate CAGR of 5.6% during the forecast period of 2022 to 2032. The test and measurement equipment market share is estimated to be worth US$ 32 billion in 2022, with a possibility of reaching a total valuation of US$ 54.9 billion by 2032. All electronic gadgets and devices need …
Sales Are Forecast To Grow At A CAGR Of 24.2% Over The Forecast Period, Pushing The Hydrogen Electrolyzer Market Size To US$ 3.7 Bn By 2032.
The market for hydrogen electrolyzers was worth $350.6 million USD in 2021. Sales are anticipated to increase by 24.2% CAGR over the forecast period, reaching US$ 3.7 Bn by 2032. During the forecast period, the market is anticipated to grow due to the rising popularity of hydrogen energy. With the implementation of strict government regulations designed to protect the environment by reducing pollution, …
North American Heat Recovery Steam Generator Market Growing At A Modest 4.4% CAGR – Future Market Insights, Inc
The market for Heat Recovery Steam Generators will surpass US$ 1.1 billion in 2021. The demand for energy-efficient power generation solutions and rising investments in enhancing power plant efficiency are identified as the main growth drivers. These factors are expected to cause the market to expand steadily at a CAGR of 5.7%, with the U.K., the U.S., Germany, and Japan emerging …
Japan Is Expected To Emerge As A Lucrative Pocket In The East Asia Industrial Robotics Market – Future Market Insights, Inc
By the end of 2028, the market for industrial robotics is anticipated to reach US$ 96.82 billion. The market is expanding thanks to a growing focus on improving the productivity of high-volume production lines, particularly in the production of semiconductors and electronic devices. By 2022, East Asia is anticipated to represent more than two-thirds of the global revenue …
Wi-Fi Semiconductor Chipset Market is Anticipated to Grow US$ 26.3 Billion by 2032 | Future Market Insights, Inc.
In 2022, the market for Wi-Fi semiconductor chipsets is anticipated to reach US$ 20.1 billion. It is anticipated to exceed US$ 26.3 billion and increase at a CAGR of 5.2% between 2022 and 2032. Internet use is becoming more widespread, and there are more public Wi-Fi hotspots popping up all over the place, which is anticipated to …
Application Processor Market is Anticipated to Increase at CAGR 6.6% from 2022 to 2032 | Report by FMI
The global application processor market was valued at US$ 26.2 billion in 2021 and is expected to grow by 6.6 percent year on year to US$ 27.93 billion in 2022. Because of smartphone adoption and technological advancements, the market is expected to grow to US$ 53 billion by 2032. An application processor is a system on chip …
Near Field Communication (NFC) Market 2022 : Increasing Demand for Efficient Management Practices Report 2032
The global near field communication (NFC) market is estimated to produce an absolute dollar potential of US$ 19 billion by the end of 2022. NFC revenues are estimated to reach $44.7 billion by 2032, rising at a 15% CAGR between 2022 and 2032. The market is likely to be driven by its application in the automotive and …
3D Sensor Market In-Depth Analysis, Growth Strategies and Comprehensive Forecast to 2022 – 2032
The global 3D sensor market is expected to reach US$ 2.5 billion in 2022. The overall market is expected to grow at a CAGR of more than 26.0 percent, reaching around US$ 9.0 billion by 2032. The market is expected to be driven by the increasing adoption of 3D sensors across various industries such as automotive and …
Millimeter Wave Technology Market 2022 Outlook, Current and Future Industry Landscape Analysis 2032
A staggering CAGR of 39.0% is predicted for the millimetre wave technology market between 2022 and 2032. The millimetre wave technology market is anticipated to increase from US$ 2.03 billion in 2022 to US$ 76.58 billion by 2032, according to FMI. Due to the need for larger bandwidths, millimetre waves are expected to play a major role …