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Showing posts from March, 2022

Micro Irrigation Systems Market is expected to register 13% CAGR through the end of 2031

  The global  micro irrigation systems market is expected to grow at an exponential rate of more than 13% CAGR through the end of 2031, according to insights from the latest study from Future Market Insights (FMI) an ESOMAR-certified research and consulting firm. The report provides a detailed analysis in more than 20 high growth regional markets, with comprehensive details on the prospects of micro irrigation systems through the coming decade. Micro irrigation systems are gaining importance in the agriculture sector, owing to their efficacy in minimizing the effects of drought conditions, at comparatively low costs. Increasing demand for water and concerns over scarcity of this natural resource, with its effects in terms of quality and crop yield will play key roles in driving the growth of the market. Growing interest in greenhouse farming is also driving micro-irrigation systems in specialized farms. The study by FMI has analyzed the global demand for micro irrigation systems,

ASEAN Safety Sensors and Switches Market is expected to increase at a CAGR of 10.2 % during the forecast period 2022-2028

  The market for safety sensors and switches in ASEAN countries is likely to grow by more than 8%, yearly, in 2019. The ASEAN safety sensors and switches market is set to register an impressive CAGR of  10.2%  between 2022 and 2028 in comparison to  8.6%  CAGR registered from 2013 to 2021. As depicted in a new research study of Future Market Insights (FMI), adoption of safety sensors and switches across the ASEAN industries will be prominently driven by those based in Indonesia, Malaysia, and Thailand. FMI has positioned Philippines and Vietnam as high-growth economies in the region's safety sensors and switches market.   Attribute Details ASEAN Safety Sensors and Switches Market Estimated Size in 2022 US$ 891.0 Mn ASEAN Safety Sensors and Switches Market Value-based CAGR (2022-2028) 10.2% ASEAN Safety Sensors and Switches Market Projected Size in 2028 US$ 1.58 Bn   Safety sensors an

Cable Fault Locator Market is anticipated to reach a valuation of US$ 1,537.2 Mn by the end of 2029`

  Global sales of cable fault locators are expected to be upheld by promising rate of adoption within telecommunication, and electrical & electronics industries, as indicated by a new market intelligence study of Future Market Insights (FMI). Currently, the two industries collectively represent more than a third of global revenues of the cable fault locator market. Cable Fault Locator Market Size (2021) US$ 715.2 Mn Estimated Year Value (2022) US$ 784.0 Mn Projected Cable Fault Locator Market (2029) US$ 1,537.2 Mn Value CAGR (2022-2029) 10.1% Collective Value Share: Top 3 Countries (2022) 58.8%   Handheld cable fault locators currently account for a majority of sales. Continued preference of end users towards these cable fault locators will remain a prominent trend shaping growth of market during the projection period, 2022-2029. The  cable fault locator market  is