With an estimated CAGR of 3% during the projected period, the district cooling market share is expected to reach US$ 1.28 billion by 2032, finds a recent report published by FMI. The study finds that the rising demand for energy-efficient cooling technology proportionately reflects on the adoption of district cooling. Asia Pacific and South America, impressive demand for district cooling technology is being observed …
Category Archives: Press Release
DC Switchgear Market growing at a CAGR of 7.1% during the forecast period 2022-2032 | FMI
The size of the global DC switchgear market is projected to reach about US$ 14,058.4 Mn by 2022’s end, with a year-over-year (Y-o-Y) growth rate of 6.9%. Additionally, the market is anticipated to grow at a strong CAGR of 7.1% between 2022 and 2032, surpassing a valuation of US$ 27,963.7 Mn by 2032, due to the rise …
Mobile Phone Accessories Market – Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance
The mobile phone accessories market demand is anticipated to be valued at US$ 92.6 Million in 2022, forecast a CAGR of 6.7% to be valued at US$ 177.1 Million from 2022 to 2032. Growth is attributed increasing use of smartphones and the increase in digitalization. The mobile phone accessories market was valued at US$ 86.6 Billion in 2021. The increasing application of mobile phones …
Smart Water Bottle Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2032
The smart water bottles is expected to grow at 11% CAGR between 2021 and 2031. Increasing concern regarding personal health and beauty is likely to result in high growth of the smart water bottle market. The majority of smart water bottles come with the software necessary to link to a smartphone app. A person’s basic water …
MENA POU Water Purifiers Market is Anticipated to Reach at a US$ 24.56 Bn in 2022 | FMI
The POU Water Purifiers is projected to have a CAGR of 7.5% through 2032 and POU water purifier market size is anticipated to be US$ 50.63 billion by 2032 The POU water purifiers market favours products with high purification capacities, such as those that combine reverse osmosis (RO) and ultraviolet (UV) technology. Additionally, it has been noted that the GCC’s …
Crane Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2029
Sales in the global crane market are slated to top US$ 43.9 Bn in 2022. Expanding at a steady h 3.8% CAGR, the market size is projected to total US$ 57.1 Bn by 2029. In the current market scenario, rising number of construction projects in South East Asian and Latin American countries, and tie-ups with prominent sales channel partners and manufacturing entities …
Finance Cloud Market : Notable Developments & Geographical Outlook 2022 to 2032
The finance cloud market is predicted to grow at a CAGR of 12.4% between 2022 and 2032, rising from US$ 23.67 billion in 2022 to a worth of US$ 90.11 billion by 2032. The finance cloud industry is expected to offer significant growth potential between 2022 and 2032. What are the Growth Drivers of the …
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Access Control Readers Market 2022 : Increasing Demand for Efficient Management Practices Report 2032
The access control readers market is expected to grow at a CAGR of 12% during the forecast period, rising from US$ 3.7 billion in 2021 to US$ 13.1 billion by 2032. As a result of increased competition, the access control readers market is expected to show excellent growth potential throughout the forecast period. To meet …
Emulsion Explosive Market Potential Growth, Share, Demand and Analysis of Key Players – Forecasts to 2028
The Global Emulsion Explosive Market is expected to reach US$ 2,634.3 Mn in 2022, growing at a 4.9 percent CAGR during the forecast period. Significant growth in construction, mining, and infrastructure investments around the world is propelling the market for emulsion explosives. According to a new research study by Future Market Insights, the sales importance of emulsion explosives is expected to …
Power Transformer Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2031
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 system 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 …