Sales of Mobile Phone Accessories to Ramp Up, as Manufacturers Lean on Advanced Technologies: FMI

VALLEY COTTAGE, N.Y. – As the mobile phone market is plateauing, revenues generated from sales of mobile phone accessories are expected to boom over the coming years. Future Market Insights (FMI) projects that the mobile phone accessories market revenue will cross US$ 143 Bn by 2029, growing at a CAGR of 6.3% during the forecast period 2019-2029. As smartphone ownerships are… Read MoreSales of Mobile Phone Accessories to Ramp Up, as Manufacturers Lean on Advanced Technologies: FMI »

FMI Forecasts Demand for EUV Lithography to Increase at 22% CAGR through 2029

VALLEY COTTAGE, N.Y. – A new study by Future Market Insights (FMI) projects that the EUV lithography market size will grow from US$ 2 Bn in 2018 to US$ 22 Bn by 2029. Improving reflectivity of mirrors with minimal absorption, developing defect-free masks, and increasing the output power of EUV light to increase the overall efficiency of EUV lithography are the… Read MoreFMI Forecasts Demand for EUV Lithography to Increase at 22% CAGR through 2029 »

Mono Propylene Glycol Market Set for Healthy Growth, Bio-Based Chemicals Mark as a Promising Trend

VALLEY COTTAGE, N.Y. – Mono propylene glycol continues to be one of the most commonly used chemicals in various industrial applications, owing to its unique chemical characteristics such as hygroscopic and high insulation resistance properties. According to a recent report by Future Market Insights (FMI), the mono propylene glycol market revenue was worth US$ 3 Bn in 2018, is expected… Read MoreMono Propylene Glycol Market Set for Healthy Growth, Bio-Based Chemicals Mark as a Promising Trend »

Artificial Sweeteners Market to Grow at Steady Pace, Despite Strong Global Focus on Natural Food Ingredients

VALLEY COTTAGE, N.Y. – The American Diabetes and American Heart Association (AHA) has given a cautious nod to use artificial sweeteners as an alternative to caloric sweetener in combating diabetes, obesity, and metabolic syndrome. A new Future Market Insights (FMI) report projects the artificial sweeteners market to generate US$ 19 Bn revenue by 2026. Increasing consumer health consciousness and awareness… Read MoreArtificial Sweeteners Market to Grow at Steady Pace, Despite Strong Global Focus on Natural Food Ingredients »

FMI’s Study Highlights Accelerating Sales of 3D Printed Medical Devices at Double-digit CAGR

VALLEY COTTAGE, N.Y. – As the medical industry continues to leverage the power of additive software and hardware in optimizing the design of prosthetics and instruments, the 3D printed medical devices market is expected to attain remarkable growth in the future. As per the findings of Future Market Insights (FMI)’s study, the global market for 3D printed medical devices is… Read MoreFMI’s Study Highlights Accelerating Sales of 3D Printed Medical Devices at Double-digit CAGR »

Sales of Optical Encoder to Pick Pace in APEJ by 2023; Shaft and Incremental Encoders Remain Top-selling Categories

VALLEY COTTAGE, N.Y. – Future Market Insights (FMI) analysts forecast the optical encoder market size to touch US$ 4 Bn by the end of 2029, registering a CAGR of 9% during the forecast period 2019-2029. With growing importance of using drones in various industry verticals, positioning devices such as optical encoders are rising in popularity. In recent years, as automation… Read MoreSales of Optical Encoder to Pick Pace in APEJ by 2023; Shaft and Incremental Encoders Remain Top-selling Categories »

Innovation in Power Transformers to Soar, with Rapid Penetration of Smart Grids, Says FMI

VALLEY COTTAGE, N.Y. – Future Market Insights (FMI) forecasts the global power transformer market size to grow from US$ 19 Bn in 2018 to US$ 32 Bn by 2029, at a CAGR of 5% during the forecast period 2019-2029. In recent times, adoption of smart transformers has been on the rise, as methods of energy generation and distribution continue to… Read MoreInnovation in Power Transformers to Soar, with Rapid Penetration of Smart Grids, Says FMI »

Floriculture Market Gains Traction from Increased Sales of Cut Flowers; Europe Continues to Maintain Strong Foothold

VALLEY COTTAGE, N.Y. – A new Future Market Insights (FMI) report projects the global floriculture market size to exceed US$ 80 Bn by the end of 2029. Advancement in plant biotechnology such as genome sequencing is among major factors surging the growth of the global floriculture market. In recent years, adoption of various new technologies has given rise to the… Read MoreFloriculture Market Gains Traction from Increased Sales of Cut Flowers; Europe Continues to Maintain Strong Foothold »

Hyaluronic Acid Products Sales to Soar, North America Remains Global Market Leader: FMI

VALLEY COTTAGE, N.Y. – A new Future Market Insights (FMI) study projects that the global hyaluronic acid products market will account for revenues worth US$ 5.3 Bn by the end of 2029, growing at a CAGR of 7.3% during the forecast period 2019-2029. Hyaluronic acid products are garnering significant traction as a viable component in drugs used for treating mouth… Read MoreHyaluronic Acid Products Sales to Soar, North America Remains Global Market Leader: FMI »

FMI Projects Global Dual Ovenable Lidding Films Market to Grow 1.8x by 2029

VALLEY COTTAGE, N.Y. – According to Future Market Insights (FMI)’s new report, the dual ovenable lidding films market was valued at US$ 73.8 Mn in 2018, and is poised to increase up to US$ 136 Mn by 2029. Sales revenue is expected to grow at a CAGR of 5.8% over the forecast period 2019-2029. Booming prominence of ready-to-eat food products… Read MoreFMI Projects Global Dual Ovenable Lidding Films Market to Grow 1.8x by 2029 »