Increased investments in mechanical equipment will pave the way for the industrial air compressor market to expand in the coming years. According to a Future Market Insights (FMI) analysis, the industrial air compressor market is expected to be worth US$ 26.7 billion in 2021. Manufacturers of industrial air compressors are focusing on the development of digitally controlled …
Category Archives: Press Release
Water Electrolysis Machine Industry Rising Demand for Green Hydrogen in China | From 2022-2030
The market for water electrolysis machines is anticipated to surge ahead at a CAGR of 7.7% over the forecast period of 2022 to 2030. The global water electrolysis machine market has been impacted marginally by the coronavirus pandemic. Innovations in crude oil processing applications will support developments in the market. The market for water electrolysis machines is anticipated to grow a …
Growing Consumption of Automatic Industrial Nailers to Augment Market Growth By 2022-2030
A new study by ESOMAR-certified firm, Future Market Insights, offers detailed insights on key factors likely to influence industrial nailers market in the long run. Global demand for industrial nailers is likely to grow at nearly 8%, with end-users showing a marked preference for cordless industrial nailers. The global industrial nailers market is valued at around US$ …
Asia Pacific Excluding Japan Emerging as a Leading Tunable Diode Laser Analyzer Market
Tunable diode laser analyzers are gaining a wide range of applications across industries such as petrochemical, food & beverage, oil & gas, and energy & utility for identifying the proportion of gases such as carbon dioxide, methane, and water vapors, flare gas, tail gas, and others. These measuring devices makes use of highly responsive and accurate …
Non-destructive Testing (NDT) Inspection Services Market Growing Network of Pipe for Transportation of Oil and Gas Demands Early Detection of Fault Lines
The global non-destructive testing (NDT) Inspection services market is experiencing a spike in revenues as various end users are investing making their methods safe for workers and consumers. Primarily used to identify defects, faults, and cracks, the NDT inspection services play an important role in industries that use machinery for automation. Constant checks ensure evaluation of …
Sales In North America Robotic Lawn Mower Market Will Continue Rising At 12.0% CAGR, Backed By Increasing Demand | FMI
According to FMI’s recent market study, the robotic lawn mower market is projected to progress at a high CAGR of 11.5% and reach a valuation of US$ 2 Bn by the end of the forecast period (2021-2031). Some of the leading robotic lawn mower are focusing on mergers & acquisitions, and partnerships to strengthen their position in …
Asia Pacific Excluding China (APEC) Crane Market Is Likely To Hold Approximately 20.1% Of The Share In 2022 | FMI
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 for long-term supply, will drive the global crane market. Further, integration of smart solutions and automation in cranes are expected to enhance sales during the forecast period. Sales …
Air Audit Equipment Market Is Projected To Expand At A 2.8% CAGR From 2022 to 2032 | FMI
The global air audit equipment market is expected to be worth US$ 12,850.8 million by 2032, with a CAGR of 2.8 percent from 2022 to 2032. The automotive industry is expected to be a significant consumer of air audit equipment during the forecast period, thereby supporting market growth. As of 2022, the market is likely to reach US$ 9,749.9 Million, representing …
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 …
According To FMI, Low Voltage Motor Market Is Anticipated To Reach $75 Billion Between 2022 And 2032.
Global demand for low voltage motors is expected to be worth US$ 39.1 billion in 2022, rising at a CAGR of 6.7 percent to US$ 75 billion by 2032. Extensive industrialization in a range of areas, as well as the ability to reduce the likelihood of equipment failure, will create excellent opportunities for growth in the low-voltage motors business. The low voltage …