Passenger traffic in the aircraft industry continues to register growth rates above historical averages, supported by the reduced price of travel and increasing middle-class population in developing markets. This rise is playing a crucial role in driving the growth of the global aircraft tube and duct assemblies market. The global aircraft tube and duct assemblies market …
Category Archives: Press Release
Retread Tire Market Will Generate Booming Growth Opportunities to 2031
As per a study by Future Market Insights (FMI), the global retread tire sales is estimated to be valued at ~US$ 8.8 Bn in 2021. The increase in average miles driven and growing vehicles parc will drive the tire aftermarket, subsequently fuelling the demand for retreading tires. Despite negative perceptions around retread tires, they continue remain a …
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Automotive Garage Equipment Market is Anticipated to Register 4.3% CAGR through 2022-2029
Future Market Insights’ new market research study on the automotive garage equipment market contains global industry analysis 2017 – 2021 and opportunity assessment 2022 – 2029. The report investigates the automotive garage equipment market and provides critical insights for the forecast period of 2022 – 2029. As per the key findings of the report, the …
Automotive Tire Market will Exhibit a Steady 6.0% CAGR through forecast period | FMI
According to ESOMAR-certified Future Market Insights’ (FMI), demand for automotive tire is expected to rise considerably, enabling the automotive tire market to grow at 6.0% CAGR throughout the forecast period. The radial tire sales is projected to surpass US$ 550 Bn between 2021 and 2031. Bridgestone, Michelin, Goodyear, Continental, and Pirelli are the leading market players and they are expected to …
Bus Bellows Market Brief Analysis, Development Trends, Top Leading Players Analysis and Forecast
According to the latest report by Future Market Insights on global Bus Bellows market, the market is expected to register the growth of 6.22% CAGR through 2022 – 2032. With the latest insights and statistics from the biggest pharmaceutical and healthcare device manufacturers across the globe, FMI presents an extensive analysis on Bus Bellows market. …
Machine Control System Market Could Reach Nearly US$ 6.3 Bn By 2026 | FMI
The global machine control system market growth is expected to register a healthy CAGR of 8% during the assessment period with an estimated valuation of US$ 13.6 Bn by 2032. Operators are guided with design information by advanced 3D guidance systems equipped with GNSS technology, and real-time cut/fill signals are shown on the machine control software. This boosts output …
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Micro Irrigation Systems Market Comprehensive Research Study and Strong Growth in Future 2031- FMI
The report provides a detailed analysis in more than 20 high growth regional markets, with comprehensive details on the prospects of micro irrigation systems through the coming decade. The global micro irrigation systems market is expected to grow at an exponential rate of more than 13% CAGR through the end of 2031, according to insights from the …
Shot Blasting Machine Market Is Estimated To Grow At A 5% CAGR Over The Assessment Period by 2031
As per a recent market survey by Future Market Insights, sales in the global shot blasting machine industry are expected to increase at a healthy 5% CAGR, reaching a valuation of US$ 1.8 Bn in 2031. Shot blasting machines play a vital role in the metal industry. With increasing demand from industries such as aerospace and automotive, sales will rise …
Bulk Material Handling System Market Is Expected To See a growth of 2% | Future Market Insights
Global bulk material handling system sales are expected to increase from 13,000 units in 2021 to over 14,000 units by the end of 2031. According to Future Market Insights (FMI), the bulk material handling system market revenue is expected to reach $5.1 billion in 2021. The market will grow by 2.10 percent annually in 2021 due to …
Global Magnetic Drive Pump Market In APAC Is Projected To Exhibit 6.9 % CAGR By End 2031
China is anticipated to remain one of the most lucrative markets in East Asia, accounting for over 39.2% of market share in 2021. Increasing application of magnetic drive pumps in mining and construction industry will drive the sales in China. Driven by these aforementioned factors, China is projected to be the most lucrative market across East …