Monthly Archives: October 2022

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 …

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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% …

Continue reading “Sulphur Recovery Technology Market – Global Industry Analysis and Deeper Insights | FMI”

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 …

Continue reading “Electric Motor Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2031 End | FMI”

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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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 …

Continue reading “U.S. Multi-Deck Refrigerated Display Cases Market will surpass the revenues worth US$ 1,197.5 Mn by the end of 2032”

It is estimated that obesity is affecting 1/3 of the North American population, which translates into 58 million people approximately. Various studies have shown that in the United States, almost 25% of the people with disabilities were obese as compared to 15% of people without disabilities. It is evident that at a certain weight, even …

Continue reading “Bariatric Transport Wheelchairs Market | Present Scenario, Key Vendors, Industry Share, and Growth Forecast up to 2026”