East Asia is anticipated to be a highly rewarding market for industrial temperature controllers over the forecast period. Currently, the East Asian industrial temperature controller market holds a dominant market share of 34.6% and is predicted to maintain a similar outlook through 2030. Meanwhile, South Asia and the Pacific regions account for a share of 19.6% in 2022. Shipments …
Category Archives: Press Release
Textile Chemicals Market Forecast to 2031 | Top Players Huntsman Corporation, Archroma Management LLC
According to Future Market Insights, an ESOMAR-certified consulting firm, the global textile chemicals market will grow at a 5.40% CAGR between 2021 and 2031. According to the FMI, due to the unprecedented outbreak of Covid-19, textile chemicals market sales declined, registering a 1% CAGR between 2016 and 2020. However, growing global demand for PPE kits …
Coated Fabrics Market– Global Industry Analysis and Deeper Insights | FMI
According to Future Market Insights, an ESOMAR-certified research and consulting firm, the global coated fabrics market is expected to be valued at US$ 19,976.7 Mn in 2021, with a stable long-term projection. The global coated fabrics market is expected to grow at a 5.1% CAGR between 2021 and 2031, according to the report. The report …
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Global EUV Lithography Market Reach A Value Of US$ 22,978.6 Mn By 2029 | Future Market Insights
The global EUV Lithography sales were valued at around US$ 4,648.6 Mn by the end of 2021. The market is projected to register 21.5% CAGR between 2022 and 2029 reach a value of US$ 22,978.6 Mn by 2029. Miniaturization of integrated circuits and microchips, elevated wafer production, and consistent growth of the semiconductors industry are anticipated to propel the adoption of EUV lithography …
Global Workover Rigs Market – Major Revenue Gains are Expected by 2028 | Get Insights FMI
The Workover Rig are the tower hoist held with wires required for well intervention operations once the productivity of initial well in place decreases. The Workover Rigs are also known as completion wells or pulling units generally used for replacing an already placed well with a fresh completion. The Workover Rigs perform various operations such as handling …
Radial Piston Pumps Market Material Improvements to be Major Focus By Market Players, Says FMI
Essential in the functioning of equipment such as fertilizer injectors, test oil rigs, and liquid transmission systems, radial piston pumps are increasingly seeing applications in numerous industries which need to transport liquid materials such as oil, chemicals, adhesives, and various kinds of lubricating fluids. With the increasing research efforts by radial piston pumps market players on material …
Ultrasonic Testing Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2028 | FMI
Rising number of aging infrastructure, leading to surging new infrastructure development has been resulting in growing demand for professional NDT technicians. Increasing number of applications of ultrasonic testing across aerospace and defense sector for detecting internal flaws with higher accuracy and rapidly surging need for automation in the manufacturing industries has been driving APAC ultrasonic …
Important Trends Influencing The Market For Environmental Testing, Inspection, And Certification
The global environment testing, inspection, and certification market was worth US$ 15,648.6 million in 2021 and is expected to be worth US$ 17873.8 million in 2022. Furthermore, as environmental concerns grow around the world, the overall demand for environmental testing, inspection, and certification is expected to rise at a 6.4% CAGR between 2022 and 2032, totalling around US$ 33,237.9 Mn by 2032. Greater natural …
Japan Will Account For 3% Of Global Market For Transformer Monitoring Systems – FMI
In 2022, the market for transformer monitoring systems is anticipated to be worth US$2,785.2 Mn. By the end of 2032, it is anticipated to have grown at a CAGR of 8.9%, placing a value of US$ 6,539.2 Mn. Recent years have seen an increase in electricity consumption due to rapid urbanisation and increased industrial activity. As the world moves toward smart …
Water Softening Systems Installation in Healthcare and Industrial Sector Set to Spur Demand
By the end of 2021, the water softening systems market will be worth US$10.82 billion. According to Future Market Insights’ (FMI) analysis, there will be a 4.5% annual growth between 2020 and 2021. For the forecast period of 2021–2031, projections for a healthy rate of growth remain unchanged. Water softening systems Market sales uptick is on card owing implementation of …