The demand for seam welding machine is projected to rise at a steady CAGR of 3.8% during 2022-2032. The global seam welding machine market size is anticipated to be valued at US$ 1,415.6 Mn in 2022 and is projected to surpass US$ 2,055.5 Mn by 2032. The growing demand from end users such as the construction and infrastructure, consumer durable goods, and …
Category Archives: Press Release
Radial drilling machine sales are anticipated to reach $8.8 billion by 2032: FMI
Radial drilling machines are expected to have a global market worth of US$ 8.8 billion by 2032, up from US$ 4.2 billion in 2022, growing at a CAGR of 7.7 percent. Drilling operations like boring holes, reaming, countersinking, counterboring, tapping, and spot facing and tapping are in high demand due to the growing industrial sector and increasing applications, which …
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Safety Instrumentation Systems Market Is Projected To Reach Us$6947.3 Million By 2032: FMI
Safety instrumentation system sales are projected to increase from US$ 4123.3 million in 2022 to US$ 6947.3 million in 2032, growing at a CAGR of 5.4 percent. There is an increasing need for engineers and technicians involved in the engineering process to remain aware of the implications of operating and designing safety-related systems in an environment where engineering is becoming …
In Demand Hot Chamber Between 2022 and 2032, Die Casting Machines Will Expand At A CAGR Of 5%: FMI
The market for hot chamber die casting equipment is anticipated to reach US$ 1,012.3 million in 2022. Due to increasing end-user growth, including in the automotive industry, and exceptional qualities like low-cost runs and best-in-class finishing, the product is renowned for expelling casts in the required format from the molten feed. Hot chamber die casting machines are expected …
According To Future Market Insights, Electronic Equipment Repair Service Market Will Reach US$ 228.2 Billion By 2032.
According to the market analysis report by Future Market Insights (FMI), the electronic equipment repair service market is forecasted to reach a net worth of US$ 228.2 Bn in 2032 growing up from US$ 121.2 Bn in 2022. It is estimated to witness an impressive CAGR of 6.5% through these years. With the improving economic conditions and development of worldwide electricity network systems, there has …
By 2032, Desiccant Wheel Market Is Anticipated To Reach US$ 708.4 Million: FMI
During the forecast period, the desiccant wheel market is anticipated to register a CAGR of 5.1 percent (2022 – 2032). The market for desiccant wheels is anticipated to be worth US$ 431.5 million in 2022 and US$ 708.4 million by 2032. As per the desiccant wheel market study, because of growing carbon dioxide levels and rising atmospheric temperatures, the general humidity content of the atmosphere has altered …
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Anechoic Chamber Market Sales are anticipated to reach USD 2 Bn by 2032, growing at a CAGR of 21.7%.
In 2021, it is anticipated that the global anechoic chamber market will be worth USD 1.2 billion. Sales of the same are anticipated to reach USD 2 Bn between 2022 and 2032, growing at a CAGR of 21.7 percent. Another salient factor contributing to the market expansion is the increasing need for testing electronics. Moreover, the growing demand for anechoic chambers for …
Fifth Wheel Coupling Market Latest Advancements and Business Opportunities 2031
Sales in the fifth wheel coupling market stands to grow at 5.7% CAGR between 2021 and 2031 in terms of value. Volume demand is estimated to grow at a CAGR of 5.3% over the forecast period. As per Future Market Insights (FMI), the fifth wheel coupling market represents 4% of the semi-trailer market. Demand in …
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Advanced Driver Assistance System (ADAS) Testing Equipment Market – Future Scenario, Key Insights, Top Companies 2031
As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ADAS testing equipment market reached US$ 222,486 Thousand in 2021. Development of sophisticated ADAS equipment, coupled with increasing adoption of autonomous vehicles in various countries, is identified as key growth accelerators in the report. Owing to these factors, FMI has projected the market …
Rubber Tracks for Defense and Security Market is Set to Experience Revolutionary Growth by 2028
The global rubber tracks for defense and security market is apprehended to follow gradual growth over a 10-year forecast period 2022-2028. According to a recently published research report by Future Market Insights, titled “Rubber Tracks for Defense and Security Market: Global Industry Analysis 2017 – 2021 and Opportunity Assessment 2022-2028,” the market is poised for a CAGR …