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The marketplace will grow with a strong lengthy-term projection, in keeping with contemporary insights via destiny market Insights. The record estimates the market to increase at above 8% CAGR from 2021 to 2031. The worldwide reverse osmosis pump marketplace is ready to be valued at US$ 6,077.eight Mn in 2021. Desalination plants around the globe are leading …
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Downhole tractors are essential to the well intervention process as they can be integrated with a broad list of application tools. Downhole tractors have attracted considerable popularity over the past couple of decades since their introduction in the late 1990’s and the trend is expected to persist over the forecast period. Moreover, as newer technologies are being integrated …
The global industrial temperature controller market accounts for a net worth of US$ 2.08 Bn in 2022, and is projected to reach US$ 3.03 Bn by the end of 2030. Worldwide consumption of industrial temperature controllers is predicted to increase at a CAGR of 4.8% from 2022 to 2030. The inclusion of communication features to control devices remotely and the reduced size of …
The steel pipes market in the Americas is expected to grow steadily but moderately, with growth in niche end use sectors such as mining and automotive production. The Americas steel pipes market is likely to reflect steady. However, the industry is likely to face challenges in terms of substitute pipe materials such as plastic and iron, as …
ESOMAR-certified consulting firm Future Market Insights (FMI) in its latest report forecasts that the global agricultural equipment market will register a CAGR of 4.8% between 2021 and 2031, reaching a market volume of around 6.7 Mn units by 2031 end. Agriculture is the primary source of livelihood for about 58% of India’s population. In order to address the rising food demand …
The global demand for condition monitoring services is projected to surpass the valuation of US$ 6.79 Bn by 2031 end. As recommended by a replacement Future Market Insights (FMI) report, substantial growth within the condition monitoring service market is principally backed by the expansion of the facility generation industry. Which holds an outstanding share of the general market value, …
In terms of wood type, medium-density fiberboard (MDF) is anticipated to account for 1/3rd of the total woodworking CNC tools sales through 2028. FMI estimates that the Asia Pacific will hold the dominant share in the market, accounting for 47.3% of the total revenue share in 2022. As per an FMI study, in terms of volume, the …
Greater emphasis of governments on enhancing safety of military forces constitutes a major push to global sales of CBRN protection equipment. A new Future Market Insights (FMI) study suggests that the global CBRN protection equipment market will exhibit a healthy CAGR of more than 5% during the forecast period of 2022 – 2029. Between 2022 and 2029, the …
The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. Future Market Insights (FMI) has forecasted the conveyor system market to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and integration of machine learning and internet of things in material handling solutions. The manufacturing industry is being …
According to the report’s findings, the global collaborative robots market is expected to grow significantly over the forecast period due to multiple driving factors such as increasing automation in end-use industries, labour cost reductions coupled with high precision work, and high regional demand for collaborative robots. Up to 5kg collaborative robots are anticipated to continue dominating the …
Continue reading “Global Collaborative Robots Market Sales To Rise By 6.4x Through 2029 | FMI”