New Product Development
The global asphalt mixing plants market is anticipated to garner US$ 8.5 Billion while expanding at a CAGR of 2.4% during the forecast period. The market is estimated at US$ 6.5 Billion in 2021 and US$ 6.66 Billion in 2022. The increasing road construction activities coupled with growing infrastructural development in countries are likely to propel industry …
Continue reading “Almost 43% Of The Global Market For Asphalt Mixing Plants Was Captured In APAC”
According to a recent study done by FMI, the Facial Recognition Market is expected to reach US$ 22.5 billion by 2032, up from US$ 5.2 billion in 2022, expanding at a high CAGR of 15.7%. This study explains that increase in government investments in emerging technologies of CCTV cameras in most public places to minimize …
According to the marine communication market analysis by Future Market Insights (FMI), the demand registered in the market will increase at a healthy CAGR of 7.8% from 2022-2032. The report also forecasts that the market will surpass a valuation of ~US$ 4,420.7 Mn by the end of 2022 and US$ 9,351.4 Mn by 2032. The international …
Continue reading “Marine Communication Market to Hit US$ 9,351.4 Million by 2032: Says FMI”
According to Future Market Insights (FMI), the demand registered in the edtech market will increase at a healthy CAGR of 14.5% during the forecast period (2021-2031). The overall sales in the market are expected to reach a valuation of ~US$ 74,239.7 Mn by the end of 2021 and US$ 288.4 Bn by the end of 2031. As per …
Continue reading “Edtech Market is Expected to Reach a Valuation of US$ 288.4 Billion by 2031”
According to a recent analysis by Future Market Insights (FMI), the demand in the global data center substation market is expected to increase at a healthy 6.2% CAGR over the forecast period, with the market valuation reaching US$ 9.9 Bn in 2022 and US$ 18.2 Bn in 2032 Growing demand for energy to restore the existing …
Motor Monitoring Market is slated to top US$ 2 Bn in 2021, likely to surge at a strong 8% CAGR during the assessment period 2022 – 2032. The increasing use of wireless communication technology in machine condition monitoring and the rising demand for predictive maintenance are two crucial factors driving the growth of the motor monitoring …
Demand for date syrup is expected to reach US$ 339.0 Mn in 2021, according to the latest Future Market Insights (FMI) study. The market value is expected to surpass US$ 630.0 Mn by 2031, exhibiting growth at healthy CAGR of 6.4% for 2021-31. The market will particularly gain from the surging application of date syrup in nutraceutical and food service industries in the …
The US NFC lemon juice market value is expected to total US$ 297.4 Mn in 2021, according to Future Market Insights (FMI). The overall market value is expected to reach US$ 574.7 Mn, registering healthy growth at 6.8% CAGR during the forecast period (2021-2031). Growth in the market is attributed to the surging demand for on-the-go juice sachets that complement fast-paced lifestyle. …
Latest report by Future Market Insights (FMI) forecasts the global phytochemical market to surpass US$ 6.5 Bn in 2021. The overall market is expected to witness healthy growth at 7% CAGR to surpass US$ 12.9 Bn by 2031. Increasing application of phytochemicals in cosmetics, food & beverages, and pharmaceutical industries is expected to augment sales in the global phytochemicals market over the forecast period. Driven …
Demand for Protease Market is expected to reach US$ 1.8 Bn in 2021, according to the latest Future Market Insights (FMI) study. Driven by the rising demand for healthy food derived from natural sources, the market value is expected to reach US$ 3.94 Bn by 2031, exhibiting growth at healthy CAGR of 7.8% for 2021-31. As synthetic chemicals used in industrial operations are …
