New Product Development
Production of steel and forest products has made up for 43% of minor bulk trade, says FMI report. In addition, metals and minerals have captured around 37% followed by agricultural products, which represents 20% of minor bulk trade. Agricultural yield is majorly concentrated on countries such as the US, Argentina, Brazil, China, and India, which …
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The growing demand for metals across various industrial sectors is one of the leading driving factor of the global rockbreakers market. The mining sector has seen the significant growth in past few years and it is expected to persist in upcoming years. The increasing demand from in the mining sector is expected to enable growth in …
Continue reading “Rockbreakers Market is projected to continue over the forecast years, 2021–2031”
Global colored gemstones sales is expected to grow at a healthy CAGR of over 5.7% during the study forecast period 2021-2031, exhibiting a positive recovery from period of muted growth in 2020, according to a latest study by Future Market Insights. The research study tracks colored gemstones sales in 20+ countries, offering a lucid analysis on how …
Global Switchgear sales are set to be valued at US$ 72.44 Bn in 2021 and is expected to have a stable long-term projection, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The report has forecast the global switchgear market to grow at nearly 6.9 % CAGR during 2021-2031. The report …
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Yeast-based spreads sales are surging in response to the rising demand for vegan, vegetarian, gluten-free, dairy-free, halal, natural, kosher, and fat-free food items. According to a new study by Future Market Insights (FMI), an increasing number of market players are expected to focus on fulfilling the aforementioned claims to gain impetus amid rising competition. Driven …
The low supply of water has led to practices such as rainwater harvesting and rainwater conservation. This has fuelled the demand for rain barrels to store and preserve rain water for later use. According to a new study by Future Market Insights (FMI), rain barrel market will reach US$ 1.97 Bn in 2021. A rainwater barrel is …
Witnessing a steady CAGR throughout the course of the following decade, the global concrete testers market is set to exceed US$ 500 Mn by the end of 2029. A new Future Market Insights (FMI) report projects that the overall demand growth will remain moderate all over the forecast period (2019 – 2029) and would receive a prominent …
Continue reading “Concrete Testers Market set to exceed US$ 500 Mn by the end of 2029”
Global mobile crane sales are in recovery phase, mimicking broader cues in the heavy equipment category. The uncertainty surrounding construction sector continues to impact new sales although long-term prospects remain positive. The updated edition of ‘Mobile Cranes Market’ study by ESOMAR-certified firm Future Market Insights recalibrates the previous findings, adjusting the forecast for COVID-19 impact. …
Continue reading “Mobile Cranes Market Is Set To Expand At Nearly 6% CAGR Through 2031”
Expansion of the tire industry and increasing automotive sales are anticipated to drive the tire testing machine market. According to a study by Future Market Insights (FMI), the tire testing machine market will reach US$ 467.7 Mn by 2021. The increasing rate in tire production will remain a chief growth driver. Tire testing machines have dynamic …
The covid-19 pandemic have created an awareness regarding the need of automotive and robots in pharmaceutical industries. As pharmacy automation system can help in reducing the medication errors, and also reduce medication cost, its demand may have a positive impact during the forecast period. With the help of robots, labour cost can be reduced which …