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The ecotourism market size is projected to grow by 15% CAGR by the end of the year 2031. In 2021, the market value will surpass US$ 17 Bn, finds Future Market Insights (FMI) in its latest study. FMI projects the education sector to significantly contribute towards the ecotourism market growth. The relationship between education and ecotourism is concerned with ensuring that organisations …
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The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. Future Market Insights (FMI) has forecasted the conveyor system industry to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and integration of machine learning and internet of things in material handling solutions. The manufacturing industry is being …
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The global aerial work platforms market size stood at around US$ 9,614.3 Mn in 2021, and is set to expand at a CAGR of 6.3% during the forecast period from 2022 to 2032. The global market is anticipated to reach a valuation of US$ 18,658.0 Mn by 2032. Aerial work platform, also known as an aerial machine, bucket truck, or mobile elevating work …
In a recent research report, Future Market Insights predicted that the market for sulphur recovery technology would grow at an impressive 11% CAGR from 2021 to 2031. The market for sulphur recovery technology is anticipated to reach US$ 1.2 billion in value by 2021 and expand at a compound annual growth rate (CAGR) of 11% …
The U.S. skilled nursing facility market has been valued at USD 181.74 billion in 2022 and it is expected to grow at a CAGR of 3.32% from 2022 to 2032 and is anticipated to reach US $ 251.94 billion by 2032. Skilled nursing facilities provide high-quality care services at a much lower cost than hospitals, resulting in …
In 2021, the electric motor market is expected to grow annually (YoY) by 4.2% and reach 1.2 billion units. According to the report, demand for AC motors increased by 5.1% to 837 million units in 2021, while demand for DC motors will increase by 2.2% to 339 million units. Electric motor demand is anticipated to …
The global sales of hand tools market are anticipated to grow at a CAGR of 5.9% during the period of 2022 and 2032. The global hand tools market to grow at a year-on-year growth of 5.6% in 2022 reaching a value of about US$ 15.06 Bn by 2022 end. Customizations such as extended tips to get into hard-to-reach areas or specially designed joints to make …
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The benefits will grow dramatically in the future as cloud-based data storage becomes an integral part of RFID systems. RFID Kanban System market is expected to reach US$ 1.6 Billion in 2022 registering a CAGR of 18.1% from 2022 to 2032, reaching US$ 8.4 Billion. The mobility offered by RFID technology has long been a major selling …
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The Ceramic Barbeque grill market is set to witness steady growth during 2021-2031, with a CAGR of around 4.5%. Demand for Ceramic Barbeque grill will witness steady growth attributing to the rising number of outdoor recreational activities. Additionally, the opening of new bars, restaurants, fast-food joints, and the various health benefits of food cooked in grills are likely to …
In 2022, the U.S. multi-deck refrigerated display cases market is expected to register 2.9% year-on-year growth by volume, in North America. The U.S. market is projected to witness steady growth during the forecast period, with the development of new and innovative products. Also, increasing the presence of flourishing supermarket culture and increasing the number of …
