As per ESOMAR-certified consulting firm Future Market Insights’ (FMI’s) recent market analysis, growth is on the cards for the global automated guided vehicles (AGV) market. The report forecasts the market valuation to reach US$ 996 Mn in 2021, growing at an impressive 7.9% CAGR through 2031. Rapid urbanization and adoption of industrial automation within logistics, transportation, and healthcare industry across …
Category Archives: Press Release
Bicycle Components Aftermarket Share and Growth Factors Impact Analysis 2032
Over the forecast period of 2022-2032, sales in the global bicycle components aftermarket are expected to grow at a CAGR of 6.9%, to reach a valuation of US$ 28.3 Bn by the end of 2032. Rising bicycle fleet across the globe is expected to be the key driving factor for the demand for bicycle components. …
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Automotive ECU Market Prospects and Growth Assessment 2032
The automotive ECU market is projected to increase at a 6.1% CAGR from 2017 to 2022, reaching US$ 48,500.0 million. The market is projected to reach US$ 77,887.0 million by 2032. Automotive ECU or Electronic Control Unit is a family of computer systems that controls and maintains the entirety of electronic, electrical and mechanical systems of …
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Automotive Lead Acid Battery Market Key Players, Industry Overview, Applications and Analysis 2031
The global automotive lead acid battery sales is projected to increasing, enabling the market’s valuation to reach US$ 36.2 Bn in 2031, according to the latest research by Future Market Insights (FMI). The report estimates the market to expand at a steady CAGR of over 3% through the course of 2021-2031. Flooded batteries, followed by enhanced flooded …
Navigation, Imaging And Positioning Solutions Market Pushing The Market Valuation To Approximately US$ 24 Bn In 2032
The global market for navigation, imaging, and positioning solutions is expected to exceed $7 billion by 2022. Adoption of these solutions in homes, hospitals, and warehouse management will drive sales at a staggering 27 % CAGR, pushing the market valuation to around US$ 24 billion by 2032. In the epoch of automation, the ability to navigate devices …
Over The Forecast Period, Warehouse Robotics Market Is Growing At An Impressive 13% CAGR, According To FMI
The global warehouse robotics market is expected to exceed $5 billion by 2022, rising at a 13 percent CAGR throughout the forecast period. The market is likely to be driven by the growing trend of industrialization and the implementation of Industry 4.0. Against this environment, the market valuation is expected to exceed US$ 9.5 billion by 2032. Warehouse robots are gaining a …
Advanced Process Control Market 2022 Assessment and Key Insights Analyzed Till 2032
The advanced process control market is expected to grow at a 9.31 % CAGR during the forecast period. The constant rise in user demand, as well as the adoption of best practises to improve production and quality, as well as advanced automation and process controls, has resulted in significant growth in the APC system. However, it requires …
Off Road All Terrain e-scooter Market Revenue, Worth, Size, Segment by Type, Application, Key Companies | Report by FMI
The global off road all terrain e-scooter market is predicted to witness a moderate growth rate of 4.8% during the forecast years. The net worth of the off road all terrain e-scooter market share is expected to reach US$ 2.5 Billion by the year 2032, increasing from US$ 1.53 Billion in the year 2021. Global concern over …
Global Marine Base Steering Gear Market Size Was Valued At Around US$ 1.6 Bn By End Of Year, FMI
The global marine base steering gear market was worth approximately US$ 1.6 billion in 2020 and is expected to grow at a steady CAGR of 5% between 2022 and 2032. The rapid expansion of the global maritime industry is driving demand for marine base steering gear. Since the dawn of the first ships, which were steered by hand, …
Binoculars and Mounting Solutions Market Surpass The Value US$ 11.4 Billion From 2022 To 2032
The global binoculars and mounting solutions marketplace is predicted to expand at a encouraging CAGR during the forecast period. An additional feature is, when hovering or pulling down the binoculars, most of the time the binoculars stay jagged at the objective. These mounts look great if you are out observing with another individual and sharing views, even …