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Showing posts from January, 2023

Advanced Process Control Market Outlook, Growth Opportunity & Demand Analysis during Forecast 2022 to 2032

 The global Advanced Process Control market by Future Market Insights reveals hidden opportunities as well as potential threats. From 2022 to 2032, the advanced process control market is expected to grow at a 9.31% CAGR. The report provides in-depth coverage of the Advanced Process Control market, with a focus on the key growth drivers, opportunities, restraints, and challenges that are expected to dominate the market in the coming years. According to FMI, the industrial automation industry will continue to grow through 2022 and beyond. Increasing machine usage and demand for high-quality products in various industries, as well as the installation of smart devices in machinery, are some of the factors driving the growth of the Advanced Process Control market in the industrial automation industry. Download A Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-509 Automation is being implemented in industries to increase productivity and reduce la...

Vertical Turbine Pumps Market Outlook, Trends & Demand Analysis during Forecast 2022 to 2032

 The  Vertical Turbine Pumps market  had a value of US$ 25 billion in 2022 and is expected to have a market value of US$ 40.72 billion in 2032, with a CAGR of 5% from 2022 to 2032. Rapid urbanisation and rising demand for wastewater treatment are driving market growth. Vertical turbine pumps are classified as a type of centrifugal pump. In vertical turbine pumps, motor is located above the ground level and is connected to the impellers at the bottom of the pump via vertical shaft. These pumps are generally driven by a diesel engine or by an AC electric induction motor. Vertical turbine pumps are usually used where submersible pump cannot be used. Vertical turbine pumps are also known by deep well turbine pumps. The usage of vertical turbine pumps is mostly found in wide range of municipal, agricultural, and industrial applications. In vertical turbine pumps, maintenance of the pump head is quite difficult. It needs a lot of headroom for its maintenance. This is the only c...

Industrial Robots Industry Analysis, Future Growth, Segmentation, Competitive Landscape, Key Trends & Forecast 2022 to 2032

 A recently published study by FMI expects the global  industrial robots market  to augment at a 12% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 55.66 Billion is expected for the market. Increasing adaption of industrial robots in end user industries such as automotive, food & beverage and pharmaceutical industry is positively influencing the growth of the market. From 2017 to 2021, the industry experienced noteworthy growth, registering a value CAGR of 9% and closing at US$ 16 Billion. Although, the COVID-19 pandemic affected the growth of industrial robots, the need for automation is driving the demand for the same. Furthermore, industrial robots are not saving time at manufacturing units but also accelerating productivity rates. This has led to the dependency on industrial robots. The integration of IoT devices, along with artificial intelligence and machine learning is spurring the growth of th...

Chilled Beam System Market Analysis, Segments, Leading Player, Application by 2031

 Future Market Insights (FMI) in its recent market analysis, projects the global  chilled beam systems market  to reach US$ 308.5 Mn in 2021. With increasing adoption of chilled beams systems in healthcare facilities, corporate offices, and universities across various countries, the market is anticipated to grow at a steady pace, exhibiting a 5.5% CAGR. In 2020, chilled beam systems market experienced decelerating sales due to the COVID-19 outbreak. However, FMI projects a positive demand outlook as the market experienced year-over-year growth at 3.9% between 2020-2021 with sales projected to reach 175’000 units during the forecast period. In addition, development of smart cities, healthcare facilities, and renovation of residential and commercial spaces are expected to propel market growth in emerging economies such as India, China, Mexico, and Brazil. Request a Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-500 As per FMI’s ...

Odour Control System Market Analysis, Segments, Leading Player, Application & Forecast 2022 to 2029

 The global  Odour Control System Market  is estimated to be worth around US$ 1.19 Billion in 2022. With rising adoption of odour control system for improving the air quality levels across diverse industries, the overall sales are anticipated to rise at a moderate CAGR of   4.7% between 2022 and 2029, totalling US$ 1.57 Billion by 2029. The newest market research study by Future Market Insights on odour control system includes the global industry analysis for 2014–2021 and market forecast for 2022 – 2029. The study observes the Odour Control System Market and offers detailed perceptions for the forecast period of 2022-2029. According to the analysis and study done in the report, the global odour control system market is anticipated to observe prominent progress, due to increasing adoption in the chemical industry. Request a Report Sample to Gain Comprehensive Insights @ https://www.futuremarketinsights.com/reports/sample/rep-gb-849 ...

Lamella Clarifier Market Analysis, Segments, Leading Player, Application & Forecast 2022 to 2032

 The global lamella clarifiers market is expected to be worth approximately US$ 489.2 million in 2021, with a CAGR of 4.7% from 2022 to 2032. The market is expected to be worth US$ 806.7 million by 2032. Water reuse is becoming increasingly important as the prevalence of water scarcity grows globally. China is the world leader in total water reuse rate. As a result, the country is expected to grow at a CAGR of 4.0% from 2022 to 2032. As of January 2020, China's 10,113 water treatment facilities handled wastewater from 95% of municipalities and 30% of rural areas. According to estimates, the industrial sector controls more than 70% of the global market for lamella clarifiers. Furthermore, the world's growing population and rapid urbanisation generate a significant amount of wastewater, which must be managed by effective water management systems. This factor is expected to have a primarily positive impact over the next ten years. Get a Sample Copy of this Report @ https://www.fu...

Marine Radar Market Outlook, Current and Future Landscape Analysis by 2031

 This will remain a critical factor in allowing  marine radar  sales to grow at a 2.4% CAGR between 2021 and 2031. Demand is expected to be consistent throughout the forecast period, allowing the market to grow by slightly more than 2% year on year in 2021. Future Market Insights (FMI) presented an optimistic outlook for the marine radar market in a new study, especially with the introduction of next generation solid state radars. The market is expanding as a result of advances in technology and rising demand for sophisticated intrusion detection systems. By the end of 2031, the market will be worth US$ 971 Mn, predicts FMI. In order to determine target range, angle, and speed, marine radar uses brief electromagnetic pulses that are emitted and returned. According to FMI, X-Band radar holds a significant amount of the market. It is also used in military and naval applications, fishing boats, yachts, and merchant marine. Download a Sample  Copy of this Report @ https:...

Sulphur Recovery Technology Market Outlook, Trends & Demand Analysis during Forecast to 2031

 According to recently published data from Future Market Insights (FMI), the sulphur recovery technology market  is expected to reach US$ 1.2 billion in value by 2021 and expand at a compound annual growth rate (CAGR) of 11% from 2021 to 2031. Due to increased shale gas production, the top market players will hold a 2/5 market share in sulphur recovery technology by 2021. Future Market Insights predicted that the market for sulphur recovery technology would grow at an impressive 11% CAGR from 2021 to 2031 in a recent research report. Manufacturers of sulphur recovery technology are expected to benefit significantly from the increasing number of refinery projects around the world, as the installation of their units in these plants will result in significant profits. As regulations requiring lower sulphur levels in products and lower sulphur emissions have become more important, demand for the installation of sulphur recovery technology units has increased. Request a Sample to O...

Tower Crane Industry Analysis, Size, Share, Growth, Trends & Forecast to 2031

 The report estimates global  tower crane market  to grow at nearly 4.8% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tower cranes market growth will evolve in the next decade. Global tower crane sales are set to be valued at US$ 19.3 Bn in 2021, with a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The recessionary effects of COVID-19 on construction activities slowed demand for tower cranes in 2020, resulting in a delay in new and rental sales of tower cranes. However, with the exception of a few countries, construction activity has resumed at a healthy pace following the second quarter of the fiscal year. With the sector in recovery mode, the market’s immediate and long-term growth outlook for Tower Cranes remains positive. Request Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/...

Aviation Test Equipment Market Recent Trends, Demand, Dynamic Innovation in Technology & Insights from 2022 to 2032

 The global  aviation test equipment market  is expected to grow at a CAGR of 4.3 percent to $9.8 billion by 2032. Total sales of aviation test equipment will reach $8.0 billion in 2022. In the aviation industry, aviation test equipment is used to maintain and upgrade hydraulic, pneumatic, and electrical power systems. Increased R&D activities in the aerospace and defence industries to introduce technologically advanced products are expected to drive demand for aviation test equipment. Maintenance system in the aircraft and also regular checkups of the aircrafts is very important in both the sectors, commercial as well as in defense sector. There are aircraft mechanics to examine and replacement of aircraft parts, to diagnose any electrical and mechanical problem, to repair brakes, wings or any other aircraft equipment, to test aviation equipment’s with gauges, inspection of the complete work or process to maintain performance standards. Recently, Airbus has fitted th...

Traction Motors Market Analysis, Size, Share, Growth, Trends & Forecast 2022 to 2032

 The global  traction motor market  is expected to grow at a CAGR of 13.0% between 2022 and 2032, surpassing a valuation of $30 billion by 2032, when global sales are expected to reach 12-15%. The overall demand for these high performance motors from diverse industries such as automotive and electric & electronics has aided growth in this market segment where there was previously little competition until recently with the introduction of new technology that rendered some older models obsolete. Rising Sales of BEVs and PHEVs Foster Market Growth The global Traction Motors Market is growing rapidly, mainly due to the rising demand for eco-friendly transport options. Electric vehicles (EVs) have become an integral part of the automotive industry as the world moves towards a more sustainable future. Rising sales of battery-electric vehicles (BEVs) and plug-in hybrid electric vehicles (PHEVs) are a major driving force behind the market growth. Besides, the introduction of ...

Hazardous Area Equipment Market Development Trends, Competitive Analysis & Key Manufacturers Report 2022 to 2032

 The global  Hazardous Area Equipment Market  was worth $8.84 billion in 2021 and is expected to be worth $15.43 billion by 2032, growing at a 5.2% CAGR from 2022 to 2032. Hazardous area equipment is defined as devices that can either limit or mitigate the damage caused by accidents such as fires or work effectively in harsh environments. They are used in hazardous locations based on the division, class, or zone and include cable glands and attachments, control panels, buttons, illumination, and strobe beacons. The rising emphasis on industry safety measures, as well as the increased use of LED lighting solutions for hazardous and safe environments, is driving the growth of the hazardous area equipment market. The desire for low-cost solutions is projected to present the substantial potential for hazardous area equipment market participants. Request a sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-1437...

Water Treatment Market Outlook, Current and Future Landscape Analysis by 2029

 The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Demand for potable water, changing government regulations, and awareness of the negative impact of untreated water are tipped to be the primary growth drivers of the global water treatment market. According to the report, several key drivers are expected to fuel the growth of the global water treatment market during the forecast period. The notable driving forces include, growing awareness of the hazardous effects of impure water consumption, steady surge in demand for fresh water, adoption of water treatment systems, and demand for quality water from the domestic and industrial sector. The increase in the adoption of new technologies along with focus on R&D will play an instrumental role in shaping the overall growth of the water treatment market in 2019 and...

Retail Printers and Consumables Industry Analysis, Size, Share, Growth, Trends & Forecast 2022 to 2032

 The global  retail printers and consumables market  is expected to propel at a stable growth with a CAGR of 5.4% between 2022 and 2032. The market size reached US$ 12444.5 Million in 2021 and is projected to touch a valuation of US$ 15,643.5 Million in 2022. In addition to that, with its widespread usage in departmental stores, warehouse retailers, e-commerce, and supermarkets, the overall demand for retail printers grew and is expected to reach a valuation of US$ 24293.9 Million by 2032. According to the historic estimations conducted by FMI, the global retail printers and consumables market increased at 4.5% CAGR during the historic period between 2012 and 2021. With rising applications of retail printers and consumers across numerous end-use industries, the overall market is predicted to propel by exhibiting a growth rate of 5.4% between 2022 to 2032. Get a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-5299 At present, the reta...

Process Automation and Instrumentation Market Analysis, Size, Share, Growth, Trends & Forecast 2022 to 2032

 The global  process automation and instrumentation market  are likely to witness an opulent growth opportunity, registering a CAGR of 5.0% between 2022 and 2032 with an evaluation that reached US$ 59,841.1 Million in 2021 and is anticipated to surpass US$ 101.6 Billion by 2032. The growth of this market is attributed to the widespread adoption of automation in complex business processes and the utilization of advanced digital technologies. As per FMI analysis, the historic forecast of the process automation and instrumentation market registered a CAGR of 4.2% between 2012 and 2021 in comparison to the current assessment period ranging from 2022 to 2032. The market witnessed a surge in its growth by registering a CAGR of 5.0% owing to the surging need for enhancing productivity across various industries is a key factor propelling demand for process automation and instrumentation solutions. At present, the process automation and instrumentation mar...

Centrifugal Pumps Market Development Trends, Competitive Analysis & Key Manufacturers Report by 2031

 Global sales of centrifugal pumps are expected to exceed US$ 29 billion in 2021, growing at a CAGR of 4.6% from an estimated USD 24.3 billion in 2021. The key factors driving the growth of the centrifugal pump market are increased investments in the construction industry due to rapid urbanisation and high demand for centrifugal pumps in the agricultural sector. In Europe 2021, Germany accounts for nearly 18% of the market share. The country is primarily in charge of centrifugal pump applications in the pharmaceutical, chemical, and food processing industries. Germany's manufacturers have grown to become world leaders. The most significant change in this industry has probably been the shift from a local to a global marketplace. FMI predicts healthy growth in the oil and gas industry, particularly in economies such as China, U.S., the Middle East, and Africa. Centrifugal pumps are important for ensuring accurate and repeatable transportation and pumping operations in the industry. ...

Electric Motor Market Analysis, Size, Share, Growth, Trends & Forecast to 2031

 The electric motor market is expected to grow rapidly, with a year-on-year (YoY) growth rate of 4.2% in 2021 to 1.2 billion units. According to the FMI analysis, demand for DC motors will increase by 2.2% to 339 million units in 2021, while demand for AC motors will increase by 5.1% to 837 million units. The global electric motor market is expected to grow at a 5.6% CAGR between 2021 and 2031, compared to the 3.8% CAGR recorded between 2016 and 2020. The growing emphasis on research and development in the industrial sector is attracting investments, which are propelling global market growth. As per the estimations of the Energy Association, 40% of the total energy consumed in industries is utilized to drive electric motors. At the same time, emphasis on promoting the use of high-efficiency motors is also gaining traction. Get a Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-2404 Key Takeaways The penetration of industrial robotics and auto...

Lead Acid Battery Market Depth Analysis, Growth Strategies & Comprehensive Forecast 2022 to 2032

 According to Future Market Insights (FMI), lead acid battery sales will grow at a 5.2% CAGR between 2022 and 2032. According to the study, the global lead acid battery market will be worth $90.5 billion by 2032. The demand for AGM batteries is expected to grow rapidly, with a 6.2% CAGR in 2021. The lead acid battery market is expected to be worth $54.3 billion in 2022. Asia Pacific is expected to have the highest market attractiveness index and to be the most profitable market. Countries with technologically advanced systems, such as India, China, and Japan, are driving regional market growth. Rising demand from industries like power utilities and other sectors will ensure regional growth throughout the forecast period. Other industries are increasing their use of lead-acid batteries as well. In the coming years, an increasing number of players focusing on lead-acid battery research and development are expected to make a significant contribution to market growth. With the increas...