The global hydraulic cylinder market was worth USD 14.3 billion in 2021 and is estimated to grow to USD 18.3 billion by 2027, with a CAGR of 4.4 percent between 2022 and 2027. An apparatus that transforms hydraulic energy into a linear force and movement is a hydraulic cylinder. Additionally, it is a linear hydraulic motor with a moving component operating in a cylindrical …
Monthly Archives: November 2022
Building & Construction Segment Will Continue To Dominate The Global Biocomposites Market Says Future Market Insights, Inc.
The global Biocomposites Market is expected to increase at a robust CAGR of 16%, from US$ 25 Bn in 2021 to US$ 128 Bn in 2032. Over the forecast period, the global Biocomposites Market is predicted to increase at an exponential rate of 16%. Valued at US$ 25 Bn in 2021, the biocomposites market is anticipated to reach US$ 128 Bn by 2032. The increased research and development …
Wine Cooler Market is Projected to Exhibit a Steady 5.6% CAGR through the Forecast Period by 2029 | FMI
The Wine Cooler Market is expected to reach US$ 2 Bn in 2018, likely to surge at a vigorous 5.6% CAGR during the assessment period 2019 – 2029. The market will garner prominence on the back of heightened demand in hospitality, and food & beverages industries. Moreover, increased product launches owing to technological innovations is driving the …
Rising Affluence And Urbanization Are Boosting The District Cooling Market’s Demand
With an estimated CAGR of 3% during the projected period, the district cooling market share is expected to reach US$ 1.28 billion by 2032, finds a recent report published by FMI. The study finds that the rising demand for energy-efficient cooling technology proportionately reflects on the adoption of district cooling. Asia Pacific and South America, impressive demand for district cooling technology is being observed …
Industrial Air Compressor Market Rising Demand For Power Generation Will Push Growth In Japan And China : FMI
Increased investments in mechanical equipment will pave the way for the industrial air compressor market to expand in the coming years. According to a Future Market Insights (FMI) analysis, the industrial air compressor market is expected to be worth US$ 26.7 billion in 2021. Industrial air compressor manufacturers are concentrating on the development of digitally controlled systems, …
During the forecast period, the North American fibre laser market is anticipated to expand at a rate of more than 10.9% CAGR
The market for fibre lasers will expand favourably, and in 2021, it’s expected to reach a total value of more than US$ 3.1 billion. Between 2021 and 2031, the market’s value will grow at a compound annual growth rate (CAGR) of 11.1%. After experiencing tepid growth in 2020, global sales are predicted to increase by 10.7% in …
The Performance Of End-Use Industries As A Whole Will Continue To Have A Significant Impact On The Demand For Hydraulic Gear Pumps
Hydraulic gear pump sales continue to grow strongly with the construction industry’s growth, sustained automobile sales, and adoption by mining industry operators. A recent Future Market Insights (FMI) study projects a steady growth outlook for the global hydraulic gear pumps market, reaching a valuation of US$ 2.5 Bn at the end of the forecast period. Greater …
Shisha Tobacco Market is Projected to Reach US$ 26 Billion by 2032 | FMI
The shisha tobacco market is expected to reach US$ 26 Bn by 2032, likely to surge at a vigorous 4% CAGR during the assessment period. Shisha tobacco use is typically done with friends and is an important part of several cultures’ social gatherings and events. These days, college and university life have been incorporated into this culture. Additionally, water pipe use …
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Residential Water Treatment Devices Market is Anticipated to Grow at a Robust 5% CAGR by 2031
The global residential water treatment devices market is projected to total US$ 23 Bn in 2021 by 2027, likely to surge at a vigorous ~5% CAGR during the assessment period 2021 – 2031. Water is required for the life of all living beings while also being one of the most limited resources. Large-scale urbanisation, widespread pesticide use, and naturally occurring pollutants in …
Spinal Cord Stimulators Market is expected to grow at over a CAGR of 7.5% during the forecast period (2022-2032).
[274 Pages Report] In terms of value, an impressive 6.4% CAGR is estimated for the global spinal cord stimulators market by a report of Future Market Insights (FMI). In 2017, the market will account for nearly US$ 2,000 Mn in revenues; by 2027 this number is estimated to reach US$ 3,568.2 Mn. Growth of the market is …