According to the market analysis report by Future Market Insights (FMI), the electronic equipment repair service market is forecasted to reach a net worth of US$ 228.2 Bn in 2032 growing up from US$ 110.9 Bn in 2021. It is estimated to witness an impressive CAGR of 6.5% through these years. With the improving economic conditions and development of worldwide electricity …
Category Archives: Press Release
Global Facility Management Services Market Expanding at a 12.6% CAGR From 2022 – 2032 & To Reach US$ 86.01 Bn in 2027, Says FMI
The facility management services market is expected to increase at a CAGR of over 12.6% from 2022 to 2032, finds a study by Future Market Insights. Increased investments in the real estate and construction industries around the world are credited with the rising facility management services market share. The expansion of the facility management services market is …
By 2026, Market For Industrial Safety Footwear Is Anticipated To Be Worth US$13.71 Billion
According to an analysis by Future Market Insights (FMI), the industrial safety footwear market is expected to be valued at US$ 18.99 Mn in 2032, with a 6.3% CAGR during the forecast period. Rapid industrialization, along with expanding end-user sectors such as construction, mining, food, pharmaceuticals, and oil and gas, as well as rising government measures to improve …
Telescopic Masts Market In North America And Europe Are Projected To Hold A Collective Market Share Of 45% By 2032
Global sales in the telescopic masts market are projected to be valued at over US$ 374.0.8 Mn in 2022, expanding at a 4.9% CAGR over the forecast period. North America is anticipated to hold a dominant share in the market due to increasing investments in the military sector, followed by Europe. North America and Europe are projected to hold …
China Wear Plates Market Is Expected To Increase At 7.3% CAGR By End 2031- FMI
China is expected to continue to dominate the global wear plate market in terms of production and growth. As per FMI, China is expected to hold a substantial market share owing to the increasing application in iron and steel market. The global wear plate market is expected to register year-on-year growth of 5.1% in 2021, reaching US$ 6.9 Bn by the end of 2021. Wear …
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Fiber Optic Collimating Lens Market is projected at an 11.8% CAGR during the assessment period, garnering US$ 2.1 Bn
The global fiber optics collimating lens market is estimated at US$ 2.1 Bn experiencing a growth rate of 11.8% from 2022 to 2032. The industry is valued at US$ 554 Mn and US$ 677.4 Mn in 2021 and 2022 respectively. The growing awareness about the benefits offered by aspheric lenses over the traditional lenses is projected to …
Flight Data Monitoring and Analysis Market is projected to grow at a compound annual growth rate of 8.6% reaching US$ 2.7 Billion by 2032
The global flight data monitoring and analysis market is projected to grow from US$ 1.1 Bn in 2021 to US$ 1.2 Bn by 2022. The market is expected to reach US$ 2.7 Bn by 2032 while recording a CAGR of 8.6% during the forecast period from 2022 to 2032. Growing demand for software to analyze flight data in …
Identity Verification Market is to reach a value of nearly US$ 40 Bn by 2032
The worldwide identity verification market is anticipated to grow at a CAGR of 14.8%. The valuation of the verification market is anticipated to increase from US$ 10 Bn in 2022 to US$ 40 Bn by 2032. Increased digitization ambitions, a surge in fraudulent activities and identity theft over the previous decade, and rising use cases of digital …
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Identity Governance and Administration Market is projected to reach US$ 23.9 Bn by 2032
According to Future Market Insights (FMI), the identity governance and administration market would increase at a CAGR of 13.5% by 2022-2032. The identity Governance and Administration Market is projected to be valued at US$ 6.7 Bn in 2022 and is anticipated to reach US$ 23.9 Bn by 2032. Globalization and an increase in regulatory compliances are two …
Market Value Of Industrial Air Compressor Is Expected To Reach US$ 46.6Million | FMI
With the increasing use in end-use industries the demand for industrial air compressors is projected to grow at a CAGR of 3.8% between 2022 and 2032, totaling around US$46.6 Billion by 2032. The global industrial air compressor market is expected to be valued at US$ 33.3Billion in 2022. Industrial air compressor producers are putting a lot of effort into …