Global sales of centrifugal pumps are set to be valued at over US$ 29 Bn in 2021, at a CAGR of 4.6%, from an estimated USD 24.3 billion in 2021. Increasing investments in construction industry attributing to rapid urbanization, and high demand for centrifugal pumps in the agricultural sector are the key factors driving the growth of …
Category Archives: Press Release
Middle East Conveyor Belts Market, Lightweight Segment Is Projected To Exhibit The Highest CAGR Of 5.0% Over The Forecast Period By 2031 End
Conveyor belts are primarily employed for carrying objects from one point to another. Middle East conveyor belts market is projected to register a healthy CAGR of 4.3% in terms of value during the forecast period (2016–2026). This is mainly attributed to various factors, regarding which FMI offers detailed insights in its report. The material to be transported …
North America Commercial Refrigeration Equipment Industry Holds A Dominant Market Share Of 28.5%
As indicated by a recent research study of Future Market Insights (FMI), the market for commercial refrigeration devices will progress at a moderate CAGR over 2022 – 2029. Sustainable and electricity-efficient refrigeration structures are set to emerge as a norm throughout the end-use industries, which ought to compel manufacturers to boom their investments in R&D and product innovations. …
Global Water Softening Systems Market Estimates And Forecast By End Of 2031 | FMI
As per ESOMAR-certified consulting firm Future Market Insights (FMI) recent market survey, the global water softening systems market is anticipated to expand at a robust 6.5% CAGR between 2021 and 2031, surpassing a market valuation of US$ 10.82 Bn in 2021. Product innovations in systems associated with high efficacy, technological advancements, and durability, as well as growing global concerns about water …
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Sales Of Telecom Tower Power Systems Market Is Expected To Increase At 6.7% CAGR By End 2031
The telecom tower power system market is expected to register year-on-year growth at 5.8% in 2021, with the overall valuation forecast to reach US$ 3.5 Bn. As per a Future Market Insights (FMI) analysis, sales of telecom tower power systems is expected to increase at 6.7% CAGR between 2021 and 2031. According to Future Market Insights, increased demand for telecom tower power …
Horse Riding Equipment Market Analysis’ Weaknesses And Prospects by 2030 | FMI
Future Market Insights (FMI) provides insights into the Horse Riding Equipment market’s the analysis’s shortcomings and future opportunities. The growth trend of the world market for horse riding equipment is shown. Untapped potential and market share held by several industrial categories are shown by the research. The study offers a thorough examination of the competitive environment, key …
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Anti-microbial Wipes Market are expected to reach a valuation of US$ 21.6 Bn by the end of 2030 | Future Market Insights
The global antimicrobial wipes market size is currently valued at around US$ 9 Bn and is anticipated to progress at a high CAGR of 11% through 2032. As a result, worldwide sales of antimicrobial wipes are expected to reach a market valuation of US$ 21.6 Bn by the end of 2030. Antimicrobial wipes have acquired major traction over the past few years, attributed …
Pet Care Market to rise at a CAGR of 6.1% between 2022 and 2031 | FMI
The global pet care market to rise at a CAGR of ~6.1% between 2022 and 2031. Pet owners are now more cautious when choosing food options for their pets as a result of growing public awareness regarding the substances used in pet food products. The health advantages of using natural and organic components in pet care …
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Nutricosmetics Market is expected to grow at CAGR of 8.28% by 2030 | FMI
Nutricosmetics market is expected to grow at CAGR of 8.28% by the end of forecast period 2022-2030 according to FMI. Sales of smart locks are expected to see a boost in the growth owing to innovative product launches according to a recent report published by Future Market Insights (FMI). These new launches are focusing on including …
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Men’s Intimate Care Products Market will see a double-digit CAGR between 2022 and 2030 | FMI
While being tough is still lauded as the primary masculine attribute, being well groomed has surmounted this trend. Based on these factors, the global men’s intimate products market shall register a double-digit CAGR over the forecast period from 2022 to 2030. In the present era of environmental changes and elevated pollution levels, intimate hygiene is a top …