Market Research Blog

The digital pump market is envisioning a substantial Compound Annual Growth Rate (CAGR) of 6.1% from 2022 to 2032. This upward momentum is set to elevate the market to remarkable heights, projecting a valuation of USD 20.5 billion by 2032, marking a significant increase from its 2022 valuation of USD 11.3 billion.

At the heart of this surge in the digital pump market lies their versatile utility, particularly in terms of energy savings and cost efficiency. These innovative pumps find applications across a diverse spectrum of sectors, including buildings, water treatment plants, boiler control systems, and automation. Their remarkable ability to optimize and streamline fluid management processes emerges as a pivotal factor driving market growth.

Browse Full Report Here

These pumps not only conserve energy and reduce costs but also find applications in various sectors such as construction, water treatment facilities, boiler control systems, and automation, contributing significantly to the market’s expansion. Additionally, the acceleration of market growth is attributed to several other factors, including stringent energy-efficiency regulations in developed nations, the rise of the Industrial Internet of Things (IIoT), and the economic advantages associated with intelligent systems, particularly in the context of smart water and wastewater management.

Moreover, the increasing global capacity for power generation and substantial investments in non-oil and gas sectors within the Middle East and North Africa (MENA) region are poised to further bolster the growth of the digital pump market throughout the analysis period.

Notable Insights from the Market Analysis:

• The global digital pump market reached a valuation of USD 11.3 Billion by the end of 2022.
• The United States is anticipated to lead the market demand, accounting for the highest value share of USD 5.5 Billion in 2032.
• The period from 2015 to 2021 witnessed a considerable expansion in Digital Pump demand, marked by a Compound Annual Growth Rate (CAGR) of 6.7%.
• Among different connectivity options, the conventional pump controller dominates the digital pump market, exhibiting a CAGR of 4.9%.

“Remarkably, digital pumps offer energy and cost savings while finding applications in building infrastructure, water treatment facilities, boiler control systems, and automation. This vital aspect drives the growth of the market,” comments an analyst from FMI.

Competitive Scenario:

Key players in the global Digital Pump Market are strategically expanding their global footprint through a variety of tactics, including collaborations, partnerships, and alliances. These industry participants are also making substantial investments in research and development (R&D) to infuse innovation into their products, thereby reinforcing their market position.

Notable recent developments among major players include:

• In August 2021, Regal Beloit Corporation, a leading global manufacturer and engineering solutions provider for power transmission, introduced the Century VGreen Evo pool pump motor to its product lineup. This new motor, driven by advanced variable speed technology, stands as one of the most energy-efficient pool pump motors available in the market.
• In March 2020, Framo and Aker BP announced a smart pump maintenance contract for seawater lift pumps in the Norwegian Continental Shelf. The six-year contract extension is a continuation of a pilot contract initiated in 2018 involving pump supplier Framo, production company Aker BP, and industrial AI Software as a Service (SaaS).

Key Players:

• ITT Corporation
• Xylem
• KSB Aktiengesellschaft
• Flowserve Corporation
• Wilo SE
• ABB
• Grundfos Holding
• Sulzar
• Colfax Corporation
• Regal Beloit
• Wanner International
• Kirloskar

Key Segments Covered:

Digital Pump by Connectivity:

• Conventional Digital Pump Controller
• Mobile/Remote Digital Pump Controller

Digital Pump by Distribution Channel:

• Online Digital Pump Sales
• Retail Digital Pump Sales

• Company Owned
• Third-Party

Digital Pump by Industry:

• Digital Pump for Manufacturing
  • Food and Beverage
  • Pharmaceutical
  • Oil & Gas
  • Textile and Paper
  • Chemicals
  • Biotechnology
  • Construction
• Digital Pumps for the Public Sector
  • Water and Wastewater Treatment
  • Pumping Stations
• Digital Pumps for Agriculture
• Digital Pumps for Residential Use

Digital Pump by Region:

• North America Digital Pump Market
• South America Digital Pump Market
• Europe Digital Pump Market
• Asia Pacific Digital Pump Market
• Middle East and Africa Digital Pump Market

Access Report Details for More In-Depth Information!

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

It is anticipated that the market for vertical immersion pumps Market will increase, with a Y-o-Y growth of 3.7% in 2022. In 2023, the market is anticipated to reach US$ 3,786.2 million. The adoption of IoT devices and the emergence of automation across industries are primarily responsible for the growth.

According to Future Market Insights, the application of vertical immersion pumps in irrigation, dewatering, and water cooling is the key factor propelling the growth in the market. As these pumps can withstand heavy temperatures, with the possibility of cavitation, the demand for vertical centrifugal immersion pumps will increase.

Over the past two decades, the urban population has grown by approximately 2%. To cater to the growing demand for basic necessities such as food and crops, the need for vertical immersion pumps in the irrigation sector is surging. Hence, key players are integrating technological advancements to capitalize on growing demand.

Browse Full Report Here

This COVID-19 analysis of the report includes COVID-19 IMPACT on the production and, demand, supply chain. This report provides a detailed historical analysis of the global Vertical Immersion Pumps Market from 2017 to 2021 and provides extensive market forecasts from 2022 to 2032 by region/country and subsectors. The report covers the revenue, sales volume, price, historical growth, and future perspectives in the Vertical Immersion Pumps Market

Based on capacity, vertical immersion pumps up to 100m3/hr capacity are gaining immense popularity, especially for irrigation, dewatering, and potable water supply applications.

Key Takeaways from Vertical Immersion Pumps Market Study

• In terms of application, the irrigation segment will witness the highest growth over the forecast period
• Based on capacity, the up to 100m¬3/hr segment will account for a significant share on the back of growing application in the irrigation sector
• The U.S. is expected to spearhead the growth in North American vertical immersion pumps market through 2022 & beyond
• By product type, the cantilever pump (VS-5) is the most commonly used vertical immersion pump which acquires around half of the market volume-wise.

“Burgeoning use of vertical immersion pumps due to high-temperature comportment proportions and deterioration resistant property, the sales in the market are expected to increase at a steady rate.” says a Future Market Insights analyst.

Who is winning?

The vertical immersion pumps market is fragmented with several key players. As per FMI, top players are expected to hold around 35% to 40% of the market shares. These players are likely to invest in new technology developments and expansion of their distribution networks to maintain their market presence.

Some of the key players in this industry include

• Ruhrpumpen Group
• Brinkamann Pumps
• KSB Pumps
• Gusher Pumps
• ITT Inc.
• AxFlow Holdings AB
• Lutz JESCO GmbH
• Castle Pumps
• North Ridge Pump
• CRI Pumps
• FLUX Pumps
• Flowserve Corporation
• Tapflo Pumps UK
• Andritz
• Sulzer
• Lenntech BV
• Vertiflo Pump Company
• Salvatore Robuschi

Global Vertical Immersion Pumps Market by Category

By Product Type:

• Line Shaft Pump (VS-4)
• Cantilever Pump (VS-5)

By Capacity:

• Up to 100m3/hr
• 100 to 500m3/hr
• 500 to 1000m3/hr
• Above 1000m 3/hr

By Application:

• Irrigation
• Potable Water Supply
• Water Cooling
• Dewatering
• Geothermal Well
• Oils, Fuels, Lubricants Transfer
• Others

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The Desiccant Wheel Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Desiccant Wheel market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Desiccant Wheel. It furnishes intricate revenue and shipment segmentations, accompanied by a decade-long projection up to 2033. Additionally, the document evaluates key industry players, their market distribution, the competitive scenario, and regional perspectives.

The global desiccant wheel market is expected to record a CAGR of 4.3% during the forecast period. The market is anticipated to be valued at US$ 448.4 million in 2023 and is projected to reach US$ 683.2 million by 2033.

According to a desiccant wheel market assessment, the general humidity content of the atmosphere has changed significantly over the past few decades as a result of rising carbon dioxide levels and rising atmospheric temperatures.

Desiccant dehumidifiers have demonstrated their ability to be significantly more effective and faster than compressor-based dehumidifiers, boosting the desiccant wheel market share. Furthermore, growing electricity costs and the portability of desiccant dehumidifiers are expected to boost global demand for desiccant wheels.

The rapid expansion rate in infrastructure displayed by a large number of industry verticals around the world is the primary driver of the global desiccant wheel market. Several companies in electronics, pharmaceuticals, chemicals, food and beverage, and other sectors are exclusively presenting a tremendous increase in demand and infrastructure development.

Browse full Report Here

In the anticipated period, the rise of these industries resulted in a significant demand for desiccant wheels. Desiccant wheels can also absorb atmospheric moisture in considerably shorter periods of time, which has boosted the global desiccant wheel market.

Chemicals, pharmaceuticals, food, and beverage industries, for example, require carefully controlled atmospheric conditions in their manufacturing areas. Because many of the items made in these verticals are hygroscopic in nature, they can quickly collect moisture from the air. This increased moisture or humidity could have a negative impact on the manufacturing process or the finished product.

To avert this catastrophe, enterprises use dehumidification techniques in close proximity. The usage of desiccant wheels to control humidity levels in the aforementioned industries is one of the most successful and cost-effective approaches, which is the key driver of the desiccant wheel market.

For sustaining regulatory criteria connected with relative humidity (RH) levels in production infrastructures, desiccant wheels are in high demand from a variety of industry verticals such as food & drinks, chemicals, and pharmaceuticals.

The desiccant wheel market adoption trends are projected to gain global appeal in the next years due to lower electricity costs and the portability of desiccant dehumidifiers. Furthermore, when it comes to extracting moisture in short time spans, desiccant dehumidifiers have proven to be far more successful than compressor-based dehumidifiers.

Food and beverage, pharmaceutical, chemical, and electronics industries, among others, have had promising expansion in recent years. All of the aforementioned industries are subject to stringent government controls.

These businesses make considerable use of desiccant wheels for moisture control in order to attain the allowable humidity level. Other dehumidification technologies, such as thermal wheels and compressor-driven dehumidifiers, have a number of advantages over desiccant wheels.

In addition, after the moisture from the desiccant has been removed, the desiccant wheel can be reused. As a result, the overall operating cost is reduced, making this technology suitable for a variety of businesses. The desiccant wheel market is predicted to grow in lockstep with the rest of the industry in the coming years.

Key Takeaways From the Desiccant Wheel Market Study:

• In recent years, the pharmaceutical and chemical industries have used desiccant wheels for dehumidification, helping the North American desiccant wheels market to stay ahead of other regional markets.
• Silica Gel, one of the report’s sectors, is expected to rise at a CAGR of 4.8 percent over the forecast period.
• The US desiccant wheel market size is expected to reach a valuation of US$ 177.3 Mn by 2032.
• The top application for the desiccant wheel market is pharmaceutical, which is anticipated to rise at a growth rate of 4.5% over the analysis period.

Key Players Operating in the Desiccant Wheel Market

• Munters
• NovelAire Technologies
• DRI
• Trane
• Rotor Source Inc.

The desiccant wheel market is highly fragmented, with numerous desiccant wheel manufacturers. These businesses endure fierce competition and must keep up with current market events in order to maintain their market position. One of the principal techniques used by market leaders to maintain their dominance is to form strategic alliances with end-use industries for supply.

Key Segments

By Type:

• Silica Gel
• Molecular Sieve
• Activated Alumina
• Others

By Application:

• Pharmaceutical
• Food Industries
• Chemical
• Electronics
• Warehousing
• Others

By Region:

• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI is the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us: 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The anechoic chamber market is experiencing explosive growth, with a projected valuation of USD 6.64 billion by 2033. This significant expansion is fueled by a remarkable Compound Annual Growth Rate (CAGR) of 16.2%, building upon a market value of USD 1.4 billion in 2023.

The growth of the anechoic chamber market is directly linked to the ever-increasing demand for rigorous electronic testing. As technology rapidly advances, strict testing protocols become essential to ensure the reliability and safety of electronic devices. Anechoic chambers provide a controlled environment free from electromagnetic interference, allowing for precise testing of these devices and their adherence to industry standards.

Browse full Report Here

Driving and Limiting Factors Shaping the Anechoic Chamber Market:

Factors Boosting Market Expansion:

The momentum of the anechoic chamber market’s expansion is sustained by multiple influential factors. One significant contributor is the escalating necessity for electronics testing. Furthermore, the surge in demand for anechoic chambers specifically for electromagnetic compatibility pre-compliance testing, along with the ascending adoption of tailor-made anechoic chambers for industry-specific requirements, underpins the market’s trajectory throughout the forecast period.

Hindrances and Challenges:

Conversely, certain challenges impact the market’s growth. The upsurge in errors and the associated high costs entailed in electromagnetic compatibility testing stand as potential barriers. Moreover, extended lead times for overseas qualification assessments present an obstacle to industry advancement in the foreseeable future.

Emerging Trends and Future Outlook:

Amid these dynamics, noteworthy trends emerge. The proliferation of 5G technology and the growing prevalence of hybrid and electric vehicles are projected to shape the market’s landscape as upcoming trends during the forecast period. These trends hold the potential to redefine the industry’s direction and influence in the times to come.

Key Insights from the Market Analysis: Anechoic Chamber Market

• The global anechoic chamber market was valued at USD 1.2 billion in 2021.
• A remarkable expansion at a rate of 21.7% is anticipated for the global anechoic chamber market during the forecast period.
• The market is poised to reach a substantial value of USD 2 billion.
• The IT & Telecommunication sector is projected to experience a growth rate of 4%.
• Within the US market, a noteworthy revenue of 700 million is predicted, coupled with a moderate Compound Annual Growth Rate (CAGR) of 3.5% over the forecast period.

An FMI analyst highlights, “The ongoing global endeavors for the advancement and commercialization of 5G technology are poised to be the primary driver of market expansion. These collective efforts by nations present diverse opportunities for the anechoic chamber, particularly in testing 5G transmission antennas via EMI/ RF/ EMC testing.”

Leading Players in the Global Anechoic Chamber Market:

Prominent contenders within the global anechoic chamber market encompass ESCO TECHNOLOGIES, TDK CORPORATION, MICROWAVE VISION GROUP, FRANCONIA GROUP, and ECKEL INDUSTRIES, alongside other noteworthy participants.

Recent Noteworthy Advancements:

1. In January 2022, Japanese firm Audio-Technica Fukui Co. unveiled their electromagnetic anechoic chambers. These chambers possess the capability to meticulously measure radio waves emitted by devices like wireless earphones and microphones. This precision enables the company to ascertain compliance with distinct radio emission standards across various countries.
2. In the year 2020, Mphasis, a specialist in cloud and cognitive services for IT solutions, introduced a cutting-edge Hi-Tech Wireless Chamber in Banglore, India. This advanced chamber is equipped with Radio Frequency Shielding tailored for IoT, Wi-Fi, and 5G technologies. The facility empowers Mphasis to deliver advanced testing and certification services, marking a significant stride in the realm of these technologies.

Key Segments Covered:

By Type:

• Semi
• Full

By Application:

• Automotive
• Military and Defense
• IT and Telecommunications
• Consumer Appliances and Electronics
• Medical Applications
• Other Applications

Key Regions Covered

• North America
  • United States
  • Canada
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Europe
  • Germany
  • United Kingdom
  • France
  • Spain
  • Russia
  • Rest of Europe
• Japan
• Asia Pacific Excluding Japan
  • China
  • India
  • Malaysia
  • Singapore
  • Australia
  • Rest of Asia Pacific Excluding Japan (APEJ)
• The Middle East and Africa
  • GCC Countries
  • Israel
  • South Africa
  • The Middle East and Africa (MEA)

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube

The global automated material handling systems market is anticipated to grow at a CAGR of 9.2% over the course of the forecast period, according to the most recent study by FMI. The market is anticipated to be worth USD 34 billion in 2023. The value is expected to hit USD 81.8 billion by 2033.

The global industry for these machines is growing rapidly in part because they offer increased efficiency and lower labor costs when compared with traditional methods of transporting goods around warehouses or plant floors.

The material handling industry is expected to benefit from the growing trend toward smart factories. In order to evaluate operating efficiency and decrease waste, the entire manufacturing floor now requires monitoring at every step of the process. In such cases, smart factories with handling equipment provide continuous monitoring of all processes. Furthermore, many intuitive technologies included in material handling systems, such as cloud connectivity and data analytics, improve asset performance and give real-time actionable data.

Wireless remote-control systems that help give better diagnostics and save commissioning time are also provided by the incorporation of such automated material systems placed in facilities. The rise of Industry 4.0 and smart factory development is creating a potential market for automated material handling systems as a result of the aforementioned considerations.

The failure or breakdown of AMH equipment can have a significant impact on a company’s overall earnings. Breakdowns cause the entire production process to be delayed, resulting in output losses and plant performance degradation. As a result, such automated material handling systems businesses must invest extensively in preventive maintenance of their AMH equipment in order to avoid downtime and assure proper operation.

Key Takeaways From The Market Study:

• Due to factors such as the rising need for industrial processes and warehousing units, Asia Pacific dominates the worldwide automated material handling systems market.
• Due to increased penetration of online shopping trends, the presence of large online vendors, rising logistics infrastructure, and other factors, the e-commerce sub-segment is predicted to grow significantly throughout the projection period. This trend is driving warehouse operators to add automation technology into their warehouses in order to manage the supply chain ecosystem more efficiently.
• The unit load sub-segment is predicted to grow at the fastest rate, propelling the automated material handling systems market forward in the near future. This can be attributed to the e-commerce industry’s expansion.
• Due to rising consumption from the food and beverage, pharmaceutical, and e-commerce industries, the packaging sub-segment is predicted to rise gradually over the projected timeline.

Competitive Landscape:

Due to the growing demand for increased efficiencies at distribution centers as a result of the expansion of e-commerce, prominent corporations are proactively working on supplying automated material handling systems for logistics solutions businesses. Furthermore, to supplement the market for handling equipment, these main companies are focusing on sales efforts. According to secondary sources, European retailers ordered Vanderlande TMHE’s AGFs to establish a fully automated distribution center in their new distribution facility.

Dominant Players in the Market:

• Daifuku
• KION
• SSI Schaefer
• Toyota Industries
• Honeywell International is among the key players.

Recent Developments:

• KION Group will open a new forklift truck manufacturing in China in December 2021 to provide supply chain solutions. For future manufacture of industrial trucks and supply chain solutions in Jinan, the plant has a total volume of roughly 140 million.
• Toyota Material Handling Japan introduced the SenS+ operation system in August 2021, which detects and identifies pedestrians and objects behind the forklift and instantly controls and stops the truck’s backward motion.
• Daifuku and AFT industries collaborated in February 2021 to combine their material handling capabilities in the automotive business. Daifuku and AFT will benefit from each other as a strategy to open global markets and secure increased demand and investments in material handling systems from car manufacturers.

Key Segments Covered:

By Product:

• Robots
• ASRS
• Conveyors & Sortation Systems
• Cranes
• WMS
• AGV

By System Type:

• Unit Load Material Handling
• Bulk Load Material Handling

By Vertical:

• Automotive
• Metals & Heavy Machinery
• Food & Beverages
• Chemicals
• Healthcare
• 3PL
• Semiconductors & Electronics
• Aviation
• E-Commerce
• Others

By Region:

• North America
• Europe
• Latin America
• Asia Pacific
• Middle East and Africa

Access Report Details for More In-Depth Information:

Author:

Nikhil Kaitwade (Associate Vice President at Future Market Insights, Inc.) has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.

His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.

Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Join us as we commemorate 10 years of delivering trusted market insights. Reflecting on a decade of achievements, we continue to lead with integrity, innovation, and expertise.

Contact Us:        

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube