Global DC Power Supply Module demand is expected to be valued at US$ 457 million in 2022, rising at a CAGR of 4.35 percent to US$ 700 million between 2022 and 2032. The rising demand for renovation projects and development in residential and commercial construction is driving growth. DC power supply modules are isolated, compact drop-in converters …
Category Archives: Press Release
Oilfield Communications Market 2022 New Technological Development Projecting Massive Growth till 2032
The oilfield communications market is expected to grow at a CAGR of 5.4%, from US$ 3.8 Billion in 2022 to USD 6.4 billion by 2032. Increasing investments in network infrastructure, rising demand for oilfield communications from oil and gas operators to scale the production of mature oilfields, and rising technological advancements for communication across oilfields are expected to drive the adoption of the oilfield communications market. Businesses …
Authentication Solution Market is Grow at a Noteworthy CAGR of Around 14.4% from 2022 – 2032
According to Future Market Insights (FMI), the demand in the authentication solution market will increase at a noteworthy CAGR of around 14.4% from 2022 – 2032. Demand in the market is projected to reach a valuation of US$ 14.7 Bn by 2022 and US$ 56.3 Bn in 2032. As per Future Market Insights, the increase in need …
Jobsite Management Software Market is Anticipated to Grow at US$ 13.1 Billion by 2032 | Report by FMI
The global jobsite management software market is estimated at US$ 13.1 Billion while exhibiting a CAGR of 8.6% during the forecast period from 2022 to 2032, reports a recently published Future Market Insights study. Expansion of the market can be attributed to the growing requirement for large-scale project management. Rapid urbanization is estimated to be one of …
FMI Analysts Predict The Busbars Market To Attain An Estimated Worth Of US$ 23,177.7 Mn By 2028
According to Future Market Insights’ most recent report, the global busbar market will grow from US$ 18,278.9 Mn in 2022 to over US$ 23,177.7 Mn by the end of 2028, registering a CAGR of 4.0%. Expanding busbar installations in commercial buildings like hotels, research facilities, hospitals, and residential structures are anticipated to boost the market’s promising future. Over one-third of the revenue …
Expansion Valve Industry Will Be Worth More Than $15.9 Billion By The End Of 2031 – Future Market Insights, Inc
According to Future Market Insights (FMI), the expansion valve market will report a 4.0% CAGR through 2021-2031 as demand grows in residential, automotive, commercial, and other sectors. According to the latest FMI insights, global sales of growth valves will be valued at more than US$10.7 billion in 2021, with a consistent long-term forecast. The market is also expected to exceed US$15.9 …
Global Painting Robots Market Witnessed to Exhibit Y-o-Y CAGR of 10.1% to Attain a Worth of US$ 2.9 Bn in 2021 & is Projected to Cross Revenue of US$ 7.65 Bn by year 2031-end | Future Market Insights, Inc.
The global painting robots market is expected to reach a valuation of US$ 7.65 Bn in 2031, with sales growing at a stellar CAGR of 10% from 2021 to 2031. Valued at US$ 2.7 Bn in 2020, the target market is driven by swift expansion of the automobile, aerospace, consumer goods, and electronics sector. Increasing application by the construction industry will bolster …
Europe Currently Leads The Global Market For Heavy Duty Heat Pumps. Sales In Europe Will Be Over 33.0% Of Total Demand Throughout The Forecast Period
The global heavy duty heat pump market is expected to undergo notable growth in the upcoming years. The market is projected to expand at a 2.5% CAGR through 2031. The estimated market growth will likely remain constant or presumably increase owing to the rise in demand for heating and cooling each year all over the world. Heavy-duty …
Laser Cutting Machine Market In U.S. Is Expected To Hold More Than 75% Of The North American Market By 2032 And Is Estimated To Grow With A CAGR Of 5.1%
According to Future Market Insights analysis, the Global Laser Cutting Machine Market is expected to reach US$ 3,386.4 Mn in 2022, growing at a CAGR of 5.8% from 2022 to 2032. Laser cutting has emerged as a versatile, cost-effective method that delivers extremely high precision as compared to conventional cutting methods for many applications. Laser-cutting machines have applications in many industries, such as …
According To The Study, The U.S. Is Expected To Be The Largest Market In North America And Reach US$ 40.4 Bn By 2031 – Future Market Insights, Inc
In 2021, the electric motor market is expected to grow annually (YoY) by 4.2% and reach 1.2 billion units. According to the report, demand for AC motors increased by 5.1% to 837 million units in 2021, while demand for DC motors will increase by 2.2% to 339 million units. The electric motors market however registered a moderate decline in its …