The elevator and escalator market are focusing on cutting-edge technologies to make their products safer and eco-friendly, finds Future Market Insights (FMI) in a recent study. The market is projected to increase at a CAGR of 5.3% and attain a valuation of US$ 232,656.1 Million by 2032. IoT technology are being used by some of the top corporations into connected...

The global hydrogen electrolyzer market is expected to grow at a CAGR of 24.2% over the forecast period of 2022-2032. The market valuation is set to reach US$ 3.7 Billion by the end of 2032. Rising demand for hydrogen gas across various end-use sectors is estimated to drive growth in the hydrogen electrolyzer market during the forthcoming years. Development of new...

According to Future Market Insights’ most recent market estimate, the industrial cooling systems market is worth US$ 20.98 billion in 2023. A CAGR of 6.1% is anticipated in the market during the forecast period. Strict environmental laws, higher investments in the chemical industry, and rising demand for energy-efficient systems offer a fresh outlook for the industrial cooling...

The global wear plate market is expected to register year-on-year growth of 5.1% in 2021, reaching US$ 6.9 Billion by the end of 2021. Wear plates are used in a variety of end-use sectors to assure the long-term safety of the equipment. Because it lasts longer than any other steel, it also costs less to maintain. The weight of the equipment is reduced by 30–40% thanks to...

The regenerative blowers market is predicted to register a valuation of US$ 941.2 million in 2023 and is anticipated to rise to US$ 1,393.21 million by 2033. The market is projected at a CAGR of 4.0% during the forecast period. Market expansion is fueled by rising consumer demand for low-maintenance gadgets, floor cleaning, and dust removal. Regenerative...

One of the most crucial duties of the IT department in every company now is to maintain mission-critical software. A failover can affect the operation of an application even when cutting-edge solutions provide a dependable high-availability solution. Businesses across a wide range of industries are heavily investing in fault tolerant server solutions in order to achieve virtually zero downtime...

When examining the expansion and development of the Web conferencing Market during the pandemic, the analysts at Future Market Insights (FMI) used a multidisciplinary approach. Along with the key conclusions for the forecast period of 2022 to 2032, the study provides insights on the market's important revenue reforms and current development patterns. In order to provide various Web conferencing...

Due to the increased rivalry for creating the smoothest and quietest components to reduce noise in cars, washing machines, and other equipment, the noise vibration harshness (NVH) testing market is expanding at a faster rate. Testing for "noise vibration harshness" (NVH) measures many aspects of sound quality, such as loudness and sound exposure level. Home appliance producers are...

According to a recent report by FMI, the Fiber Optic Connectivity Market is anticipated to grow at a rapid CAGR of 9.6% to reach US$ 7.0 billion by 2032, up from US$ 2.5 billion in 2022. This report illustrates how demand for fibre optic technology in numerous industrial sectors, as well as in the submarine and aircraft industries, affects market growth. The market is also predicted to expand...

Due to the surge in cyberattacks against multiple organisations, including government and industrial networks, data security is the top priority for IT network administrators. The proliferation of mobile devices poses a threat to data security because there are more cybercrimes taking place. Organizations must have a properly encrypted network in order to stop such data theft. Although many...