Fact.MR

Sales of heat pumps are expected to reach a valuation of US$ 140 Bn by 2031, rising at a robust CAGR of around 9% over the forecast period (2021 to 2031). Key Takeaways from Market Study The study offers comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales of heat pumps across the globe. A comprehensive estimate on the market has been provided through an optimistic...

With constant advancements in industrial applications, there is no room for traditional equipment. Industrialization across the globe is picking up pace, and equipment manufacturers are trying to keep up with the ever-growing demand. Piping systems are omnipresent and are used in construction, oil & gas, and residential sectors. They are considered foundation of heavy machinery and projects. Hence, it is imperative to select the type of piping that effectively supports heavy-duty operations for better production output...

Rising application in consumer appliances and refrigeration industry is expected to enable the market gain impetus through 2031 In a recently published study by Fact.MR, the consumer appliances coatings market is forecast to exhibit 5% Y-o-Y growth rate in 2021. The long term outlook for the market remains positive, with demand from consumer electronics segment set to rise considerably. The market is expected to gain from increasing disposable income of consumers. According to the United Nations (UN), the rate of disposable income in the U.S. stood at 2.1% in both 2018 and 2019. Through it is expected...