The global demand for biofuel testing services accounted for revenues roughly equating US$ 1.5 billion in 2018. A new Future Market Insights (FMI) study envisages robust growth outlook for the biofuel testing services market, in the light of staggering growth in the biofuel production. There has been rapid growth in the production of the biofuels due …
Category Archives: Press Release
Instrument Calibrator Market is Predicted to Advance at a CAGR of 6% from 2022 to 2032
Future Market Insights (FMI) has recently published a report titled ‘Instrument Calibrator Market – Global Industry Analysis 2013–2018 and Market Forecast 2019–2027.’ Instrument calibrators are frequently used to adjust the accuracy of an instrument that is often associated with a specific application. Instrument calibrators inspect the various testing equipment to ensure its proper functioning as per the testing …
Trace Chemical Detector Market Revenue is Expected to Increase at a CAGR of 7.2% Over 2027 | FMI
Global sales of trace chemical detectors closed in on around US$ 2 billion in 2018. According to a recent intelligence outlook presented by Future Market Insights (FMI), widening applicability of trace chemical detectors across multiple industries including chemical, petrochemical, defense, aerospace, healthcare, and research will drive the revenue growth of trace chemical detector market at an estimated CAGR …
Acoustic Insulation Market is likely to reach US$ 22.9 Billion by 2032
The global customer revenue optimization (CRO) software market is expected to rise at a CAGR of 7.1% to reach a market valuation of US$ 18.2 Bn by 2032 from US$ 9.2 Bn by 2022. Rising technological advancements, coupled with effective business workflow potential, are key driving forces for customer revenue optimization software market size growth. Furthermore, the rising demand …
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TDS Meter Market is Expected to Witness a Healthy CAGR of 5.9% During the Forecast Period 2027
TDS meter market revenue closed in on US$ 1.5 billion in 2018, according to a new analytical study of Future Market Insights (FMI). The global TDS meter market value is likely to see nearly 5.4% yearly growth in 2019. Extensively used in water purification applications, waste water regulation, and hydroponics, TDS meter finds wide applicability within governments (municipal corporations), …
Fiber Optic Test Equipment Market to Grow at 6.8% CAGR through 2030 | FMI
Cost, performance, and reliability of equipment remain the top 3 expectations of fiber optic test equipment buyers, according to a survey conducted by Future Market Insights. The survey is part of the report that global fiber optic test equipment revenues market to grow at 6.8% CAGR through 2030. Fiber optic cables have become the heart of modern-day data …
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Conversational AI Market is anticipated to reach US$ 40.5 Billion in 2032
According to a recent study by FMI, the conversational AI market is expected to reach US$ 40.5 billion by 2032, up from US$ 8.3 billion in 2022, expanding at a high CAGR of 17.2%. This study explains that the key factors such as rise in demand for AI-based Gartner chatbots solutions are expected to augment the growth …
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Fire Pump Test Meters Market is Likely to Secure a CAGR of 6.7% through 2032 | FMI
The fire pump test meters market growth is likely to continue an upward trajectory, with global demand set to surpass US$ 192 Mn in 2019, up from nearly 183 Mn in 2018. These insights are as per the latest FMI research study that projects a promising outlook for fire pump test meters market 2019 and beyond. According …
Accounts Receivable Automation Market is CAGR of 10.7% during the period of 2022-2032
The Accounts Receivable Automation Market is anticipated to have a prodigious CAGR of 10.7% during the period of 2022-2032. The Accounts Receivable Automation Market is anticipated to reach US$ 6.6 Billion in 2032, from US$ 2.4 Billion in 2022. “Growing focus on the improvement of cash flow and reduction in day sales, outstanding and reduced accounting cycle time are the major factors fueling …
Toothbrush Sanitizer Market is Set to Witness A CAGR of 17.1%- 17.9% Through 2031
Growing awareness about the oral hygiene and harmful oral bacteria which causes several dental health hazards like gingivitis, oral herpes, canker sores, periodontal disease and others are the major factor toothbrush sanitizer market. Moreover, toothbrush sanitizer prevents harmful bacteria from wreaking havoc in the oral cavity which is creating a lot of traction among people resulting …
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