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Global Switchgear sales are set to be valued at US$ 72.44 Bn in 2021 and is expected to have a stable long-term projection, according to latest insights from Future Market Insights (FMI). An ESOMAR-certified research and consulting firm. The report has forecast the global switchgear market to grow at nearly 6.9 % CAGR during 2021-2031. The report offers analysis of growth trajectory …
Continue reading “Switchgear Market is projected to expand at a 5.7% CAGR-FMI”
The global automotive semiconductor market is currently valued at $54.9 billion and is expected to reach $94.99 billion by the end of 2030. From 2022 to 2030, it is anticipated that shipments of automotive semiconductors would grow at a CAGR of 7.1 percent. The automotive semiconductor market is growing remarkably quickly. Future Industry Insights (FMI) projects that …
The global market for Identity & Access Management stands at a net worth of US$ 12.9 Bn in 2022 which is predicted to rise at a CAGR of 12.5% over the forecast period to attain a projected market valuation of 26.1 Bn by the end of 2028. Future Market Insights (FMI) recently published a market research report, titled, Identity & Access Management Market …
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By the end of 2028, the market for industrial robotics is anticipated to reach US$ 96.82 billion. The market is expanding as there is an increasing focus on improving the productivity of high-volume production lines, particularly in the production of semi-conductors and electronic devices. Sales in the global industrial robotics market are anticipated to reach US$ 33.75 Bn by …
The electric motor market is expected to create a stupendous growth opportunity, exhibiting year-on-year (YoY) growth of 4.2% in 2021 to total 1.2 billion units. According to the FMI analysis, demand in the DC motors segment will grow by 2.2% to 339 million units in 2021, while the AC Motors segment was up 5.1% to 837 million …
Continue reading “Electric Motor Market expected revenue to reach US$ 40.4 Bn by 2031”
The lead acid battery market valuation is expected to reach US$ 54.3 Billion in 2022. Future Market Insights (FMI) analysis has forecast the lead acid battery sales to increase at 5.2% CAGR between 2022and 2032. According to the study, the overall lead acid battery market valuation will top US$ 90.5 Billion by 2032. As per FMI, the demand for AGM batteries is expected …
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According to FMI, the global social business intelligence solutions market worldwide is estimated to be worth US$ 17 Bn by the 2017 end, vis-à-vis revenue from worldwide deployment. Rising at a CAGR of 6% from 2016 to 2026, the market is expected to reach a valuation of US$29 Bn by the end of 2026. Some of the …
The overall Storage-Area Network (SAN) market is expected to be valued at US$ 19,576 Mn in 2021, and to grow at a CAGR of 3.9% to reach US$ 26,867 Mn by 2029. The SAN market accounts for approximately 7% of the total state-of-the-art data storage market. The market for storage area networks (SANs) is expected to grow …
With a 3.9% year-on-year increase in sales of commercial refrigeration equipment in 2022, the market is expected to be worth US$ 51.8 billion by the end of the year. The global commercial refrigeration equipment market is expected to be worth US$ 68.3 billion by 2028, growing at a CAGR of 4%. (2022-2028). In 2020, commercial refrigeration systems will account for 40% …
The global electro optical system market is expected to be valued at US$ 11,724.2 Million in 2022, rising to US$ 17,806.2 Million by 2032. During the gauge period of 2022-2032. The market is expected to grow at a CAGR of 4.3% between 2016 and 2021, but the CAGR was estimated to be 3% between 2016 …
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