In 2022, it is predicted that the market for pallet trucks will be worth US$38.5 billion. reaching US$ 79.8 Bn by 2032, growing at a CAGR of 7.5%. In terms of product type, standard and weighing currently hold more than 71% of the market for pallet trucks worldwide. The dynamics of warehousing and material handling …
Monthly Archives: October 2022
Japan Account For 3% Of Global Transformer Monitoring System Market Share By End Of 2031
The transformer monitoring system market exhibited year-on-year growth of 10.9% in 2021, backed by increasing adoption of green transformers leading to the up-gradation of associated monitoring systems and growing emphasis on improving the reliability of the power grid. FMI states that transformer monitoring system market revenue grew by 8.5% between 2016 and 2020. Recent years have seen an increase …
Fresh Figs Market Growth, Future Prospects And Competitive Analysis 2022 to 2032
Fresh figs are the fruits of fig tree that only produce fruit once a year. Figs are native to the Mediterranean region, although they are currently farmed all over the world. The fresh figs market is valued at nearly US$ 1.4 Bn in 2022. The market is likely to grow at a CAGR of 5.3% through 2032 with a …
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Oil & Gas Terminal Automation Market Is Anticipated To Experience Strong Growth Due To The Rising Demand For Energy Around The World
The size of the global oil and gas terminal automation market was estimated at US$ 1258.0 Mn in 2021 and is predicted to reach US$ 1303.1 Mn in 2022. The overall demand for oil & gas terminal automation is also anticipated to increase at a 7.8% CAGR between 2022 and 2032, reaching a value of roughly US$ 2761.6 Mn by 2032 as a result …
Market For Robotic Lawn Mowers Will Expand Steadily At A CAGR Of More Than 11.5 Percent
According to FMI’s recent market study, the robotic lawn mower market is projected to progress at a high CAGR of 11.5% and reach a valuation of US$ 2 Bn by the end of the forecast period (2021-2031). Some of the leading robotic lawn mower are focusing on mergers & acquisitions, and partnerships to strengthen their position in market, further …
By 2029, FMI Projects That The European Wood Pellet Heating Systems Market Will Grow At A CAGR Of 3.6%.
The European wood pellet heating systems market was valued at US$ 5.33 billion in 2022 and is expected to grow at a CAGR of 3.6 percent between 2022 and 2029. This expansion is primarily driven by rising demand for wood pellet heating systems in the commercial, residential, and industrial sectors. Wood pellets, particularly in Europe, have emerged …
Probiotic Ingredients Market Is Projected To Reach USD 9,734.8 Million By 2032
The global probiotic ingredients market was valued at USD 5,369.5 million in 2022 and is projected to reach USD 9,734.8 million by 2032, at a CAGR of 6.4% from 2022. In 2016, close to 20% of infants were born in the US by C-section (cesarean) mode of delivery. This percentage is even higher in developed countries across …
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Clean Label Flour Market Is Anticipated To Grow At A CAGR Of ~ 7% During The Forecast Period Of 2022-2032
According to a recent report by Future Market Insights, a market research and competitive intelligence provider, In 2022, the global clean label flour market is expected to be worth US$ 3.5 billion, growing at a CAGR of 7% from 2022 to 2032. Wheat is likely to continue to be the most popular clean label flour source among …
Egg-Free Mayonnaise Market Will Observe Just-Under 6.20% CAGR Over 2022-2032
The demand for powdered yogurt in food processing sector for dairy nutrition is gradually increasing. This can be associated with plentiful health benefits related to the consumption of yogurt based products. Future Market Insights (FMI) has predicted in a new study that the yoghurt powder market will reach US$ 211.6 Mn by the end of 2021. The …
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Global Probiotic Yogurt Market To Grow At 6.3% CAGR Through 2031
Future Market Insights: FMI states in its recent study on the probiotic yogurt market that the market will record a CAGR of 6.3% through 2021. Demand for probiotic yogurt is anticipated to continue surging particularly due to the rising health consciousness among people of all age groups. In its new study, ESOMAR-certified market research and consulting firm …
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