At the end of 2021, the market for industrial noise control was estimated to be worth $5,529.1 Mn USD. By 2028, the market is anticipated to grow at a 4.6% CAGR and reach a peak value of US $7,550.0 Mn. With an ever increasing demand for noise control solutions, manufacturers are focusing on using new materials for …
Category Archives: Press Release
German Tool Holders Market Through The Entire Forecast Period (2028) With A 5.1% Volume CAGR | Says FMI
The global tool holders market is expected to grow 5.2% year on year in 2022, reaching a value of approximately US$ 1,173.4 Mn by the end of 2022. Tool holders are required for efficiently and safely connecting high-speed tools such as drills, taps, and milling cutters to a machine. Germany, the world’s top producer of machine tools, …
Busbars industry to rise at a CAGR of 4% from 2022 to 2028- Exclusive Report By FMI
The global busbars industry is projected to reach over US$ 23,177.7 Mn by the end of 2028, from US$ 18,278.9 Mn in 2022, registering a CAGR of 4.0%. According to the findings of the Busbars market study and the perspectives of industry participants, the global market is expected to grow at a CAGR of 4.0 percent in terms of value between 2022 and …
Automated Bending Machine Market 2022 | Present Scenario and Growth Prospects 2032
Metal bending has long been one of the most important characteristics in the world of metalworking processes. The automated bending machine market is estimated to grow at a 4.5% CAGR during the forecast period. The market for automated bending machines is currently at $2.17 billion in 2022, with a forecast value of $3.37 billion by …
Smart Clothing Market 2022 Expectations & Growth Trends Highlighted Until 2032
The smart clothing industry is predicted to develop at a 26.2% CAGR from 2022 to 2032, growing from US$ 1.6 billion in 2022 to a worth of US$ 5.3 billion by 2032. This Smart Clothing market study provides a thorough examination of the business models, major strategies, and market shares of some of the most …
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Network Management Solutions Market is Expected to Increase at a CAGR of 9.5% from 2022 to 2032 | FMI
The market for network management solutions is expected to increase at a CAGR of 9.5% from 2022 to 2032, from an estimated US$ 7 billion in 2022 to US$ 11 billion in 2032. Today’s IT systems are tremendously complex and diverse, and businesses are having difficulty managing, improving, and maintaining their network infrastructure. Networks and distributed network …
Finance Cloud Market is Predicted to Grow at a CAGR of 12.4% from 2022 to 2032
The finance cloud market is predicted to grow at a CAGR of 12.4% between 2022 and 2032, rising from US$ 23.67 billion in 2022 to a worth of US$ 90.11 billion by 2032. The finance cloud industry is expected to offer significant growth potential between 2022 and 2032. What are the Growth Drivers of the …
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Fire Alarm Systems Market is Slated to Increase at a CAGR of 5.8% from 2022 to 2029 | FMI
The Fire Alarm Systems Market is slated to increase at a CAGR of 5.8% to reach a valuation of US$ 33,521 Mn by 2029. The commercial and residential construction sectors now have to follow strict government safety standards and regulations regarding fire alarm systems and fire safety components. Modern systems have advanced capabilities as compared to the older, basic …
Advanced Distribution Management Systems Market is Predicted to Reach US$ 12,102.0 Mn by 2029 | FMI
The Advanced Distribution Management Systems Market is predicted to reach US$ 12,102.0 Mn by 2029 and show a remarkable 20% CAGR between 2022 and 2029. Advanced distribution management systems have significantly benefitted users looking for efficient data security, higher reliability, improved power distribution, and flexibility in restoring normal functions after a natural disaster. These systems supply situational …
Hard Disk Drive Market is Reaching a Valuation of US$ 80,873.0 Million by 2029 | Report by FMI
The Hard Disk Drive Market is reaching a valuation of US$ 38,489.9 Mn in 2022 to US$ 80,873.0 Mn by 2029 and is expected to exhibit an 11.2% CAGR over the forecast period, 2022-2029. With multiplying data volumes encouraging enterprises to procure upgraded data storage technologies, the hard disk drive market is set for steady growth during the next decade. HDD manufacturers launch …