The market for passenger boarding bridges was valued at US$ 1.88 billion in 2021, and by the end of 2029, sales are projected to reach US$ 3.10 billion. The demand for passenger boarding bridges is being driven by the aviation industry’s rapid automation and growing emphasis on safety measures. Between 2022 and 2029, demand in the passenger boarding bridge …
Category Archives: Press Release
Underground Mining Equipment Market 2022-2029 Research Covers – Future Market Insights, Inc.
In a new report, Future Industry Insights (FMI) assesses current changes in the underground mining equipment market and forecasts their impact on market growth between 2022 and 2029. According to the survey, sales of underground mining equipment of US$ 15.9 billion would be recorded in 2022. However, until 2029, the market value is expected to increase at …
Magnetic Separators Market Are High-Intensity Segment to Register Rapid Growth with Expanding Metal & Mining Sector.
The global magnetic separator market is estimated to reach US$ 1.3 Bn in 2022. Increasing use of magnetic separators to remove unwanted particles during the metal recycling processes across diverse industries is propelling the demand in the market. Driven by this, the market valuation is set to reach US$ 1.7 Bn in 2029. The global Magnetic Separator Market is estimated to witness modest …
Commercial Refrigeration Compressor Market Would Expand At A 4.5 Percent CAGR, Predicted FMI. By 2029 – Future Market Insights, Inc
The commercial refrigeration compressor market was estimated by Future Market Insights (FMI) to be worth US$ 8,567.6 Mn in 2022 and to grow at a CAGR of 4.3 percent to US$ 13,090.8 Mn by 2032. Over the projected period, it is expected that the use of natural and energy-efficient refrigerants will continue to rise. The global demand for commercial refrigeration compressors is expected to show …
The ASEAN safety sensors and switches market is set to register an impressive CAGR of 10.2% between 2022 and 2028
In 2022, the ASEAN region’s market for safety sensors and switches is anticipated to be worth about US$891 million. The overall market is predicted to grow at an impressive CAGR of 10.2% between 2022 and 2028, reaching a valuation of US$ 1.59 Bn by 2028, as safety sensors and switches are increasingly being adopted to reduce individual and institutional damage. Demand …
The Market For Carbide Tools In Europe Is Expected To Hold 37.5% Of The Global Market Share In 2022 – FMI
In 2022, sales in the global market for carbide tools are anticipated to reach US$ 7.0 Bn. By 2029, the market size is expected to reach US$ 10.7 Bn, growing at a healthy 7.2% CAGR. The market will be driven by the durability of machine tools and tool holders made of carbide. The edges of cutting equipment can be kept …
The Performance Of End-Use Industries As A Whole Will Continue To Have A Significant Impact On The Demand For Hydraulic Gear Pumps – Future Market Insights, Inc
Hydraulic gear pump sales continue to grow strongly with the construction industry’s growth, sustained automobile sales, and adoption by mining industry operators. A recent Future Market Insights (FMI) study projects a steady growth outlook for the global hydraulic gear pumps market, reaching a valuation of US$ 2.5 Bn at the end of the forecast period. Greater …
North America Dominates The Global Market For Busbars, Accounting For Nearly 24.4% Of Market Revenue – Future Market Insights, Inc
According to Future Market Insights’ most recent report, the global busbar market will grow from US$ 18,278.9 Mn in 2022 to over US$ 23,177.7 Mn by the end of 2028, registering a CAGR of 4.0%. Expanding busbar installations in commercial buildings like hotels, research facilities, hospitals, and residential structures are anticipated to boost the market’s promising future. Over one-third of the revenue …
Mobile Tracking Solution Market is Anticipated to Increase at CAGR of 20.0% From 2022 to 2032 | FMI
The demand for mobile tracking solutions is expected to grow dramatically between 2022 and 2032, with a CAGR of over 20.0%, reaching a valuation of about US$ 322 billion. Increased demand across a number of end use verticals, such as shipping & container tracking and military asset tracking, is credited with growth. Mobile tracking is …
The Market For Clad Pipes Will Grow From US$ 2,457,4 Million In 2022 To US$ 3,779.9 Million In 2032 – Future Market Insights, Inc
According to predictions, the market for clad pipes will grow from US$ 2,457.4 million in 2022 to US$ 3,779.9 million in 2032. Over the course of the anticipated period, the market is anticipated to grow at a CAGR of 4.4%, according to FMI. The need to protect pipelines from highly corrosive maritime conditions and the relatively low cost of clad pipes …