Category Archives: Press Release

The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. FMI has forecasted the conveyor system market to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and the integration of machine learning and the internet of things in material handling solutions. The mining industry’s demand for conveyor …

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A new market research study by Future Market Insights on the collaborative robots market contains global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the collaborative robots market and provides critical insights for the forecast period of 2019-2029. As per the findings of the report, the global collaborative robots market is anticipated to experience substantial …

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Cable cars and ropeways industries has emerged as preferred choice in tourism and winter regions. But the transformation to the urban public transport has not yielded the same rewards. It is definitely true that the cable cars and ropeway market has witnessed increase in sales to the urban industries but there is still a debate …

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Future Market Insights (FMI), in its latest study, underlines the growth trail of the passenger boarding bridge market for the foreseeable duration of 2022-2029. According to the report, Sales of the global passenger boarding bridge market reach a valuation of US$ 3.10 Bn in 2029, likely to Grow Relatively at 8% CAGR during the estimation period.  finds Future Market Insights. …

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The U.S. is set to account for around 84.2% of the North America high-temperature industrial burner market in 2022. The country is estimated to create an absolute dollar opportunity worth US$ 63.8 Mn by the end of the forecast period. Over the forecast period of 2022-2032, the global high-temperature industrial burner market is expected to grow at a CAGR of 3.9% and reach a valuation of US$ …

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In 2022, the market for magnetic separators market is anticipated to grow to US$ 1.3 billion. The demand in the market is being driven by an increase in the use of magnetic separators to remove undesirable particles during the metal recycling processes across numerous industries. This will cause the market valuation to rise to US$ 1.7 billion …

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In 2022, the market for magnetic separators market is anticipated to grow to US$ 1.3 billion. The demand in the market is being driven by an increase in the use of magnetic separators to remove undesirable particles during the metal recycling processes across numerous industries. This will cause the market valuation to rise to US$ 1.7 billion …

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The global demand for commercial refrigeration compressors is expected to show promising growth, with a value CAGR of higher then 4% over 2022-2029. An increase in food & beverage production, along with the expansion of cold chain capacities to ensure minimize wastage and efficient storage of food, is expected to increase the demand for commercial refrigeration compressors, …

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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 …

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Estimated at a healthy Y-o-Y growth of 6.4%, global revenues of carbide tools market are set to exceed US$ 7 billion in 2022. A new Future Market Insights (FMI) study forecasts robust growth prospects for the global carbide tools market, prominently driven by fostering rate of adoption for automotive and fabrication applications. Drills and mills will remain the …

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