Category Archives: Press Release

According to the latest Future Market Insights (FMI) analysis, sales in the gas-insulated substation market are expected to top US$ 12.5 Bn by 2021. The growth outlook remains positive as the market is assessed to register a 5.7% CAGR between 2021 and 2031. Leading companies in the market for gas-insulated substations, according to FMI, including General Electric, Hitachi Ltd., ABB, Infosys,  SIEMENS AG, …

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By the end of 2021, the market for EUV lithography was estimated to be worth $4,648.6 million USD. According to projections, the market will grow at a rate of 21.5 percent between 2022 and 2029, reaching a value of US$ 22,978.6 Mn by that year. Extreme ultraviolet, or EUV, is a term used to describe the wavelength of …

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The power transformer market exhibited year-on-year growth of 4% in 2021, backed by increasing efforts towards incorporating modern energy solutions in existing power systems and high demand of efficient and reliable power supply. Future Market Insights (FMI) states that power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with a healthy CAGR …

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The main purpose of seed processing equipment is to raise the standard of seed quality. Scalping, debearding, cleaning, and grading are just a few of the tasks that seed processing equipment performs during processing. The Seed processing equipment can change the product’s size, shape, and quality to increase the farm’s output. Additionally, the functional applications for …

Continue reading “Seed Processing Equipment Market: Key Players, Applications, Outlook, SWOT Analysis And Forecasts By 2028 | Get Insights FMI”

The Conveyor system market will register steady growth with the overall valuation forecast to surpass US$ 13.7 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031. Global Conveyor system sales are expected to return to 2019 level, with shipments expected to reach 16,000 units by the end of 2031, …

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The global diamond core drilling market will grow at a healthy 6 percent CAGR, Future Market Insights (FMI) predicts, surpassing a market value of US$ 1.8 Billion. Due to key manufacturers’ intense focus on product customization and automation, sales of diamond core drilling are anticipated to rise. According to the report, the market is anticipated to grow at …

Continue reading “Diamond Core Drilling Market to Witness Sales Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive.”

In 2022, it is anticipated that the market for underground mining equipment will be worth US$15.9 billion. Market valuation is anticipated to reach US$ 18.8 Bn in 2029, with sales increasing at a steady 2.4% CAGR. Sales in the market are predicted to increase as the oil and gas industry expands. Sales are expected to increase in the coming years …

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