New Product Development
The colour cosmetics market leads to an estimated CAGR of 5% in the global market during the forecast period and registers a revenue valued at US$ 52.5 Bn in 2022 and is expected to cross US$ 85.52 Bn by 2032. Thanks to the growth of distribution channels and the growing adoption of social media platforms, sales of colour cosmetics have skyrocketed. Additionally, it …
Continue reading “Colour Cosmetics Market is Expected to Cross US$ 85.52 Bn by 2032 | FMI”
The demand in the South America residential water treatment equipment market will multiply at a CAGR of 9.2% during the forecast period of 2016 to 2026. In 2016, the total opportunities in this market translated into a revenue of US$330.0 mn. The residential water treatment equipment market is being driven by rising awareness of environmental pollution, harmful effects of …
Revenue from the retinal biologics market reached US$19.96 billion in 2021. The global market is anticipated to grow at a CAGR of 11.1% from 2022 to 2028, reaching US$ 41.92 billion. Increasing prevalence of diabetic eye diseases and age-related macular degeneration (AMD) Significant R&D investments engaged in developing biologics for infectious and non-infectious retinal diseases …
The laser welding equipment market is likely to grow by US$ 373 Mn by 2025, exhibiting a CAGR of 4.8% during the forecast period 2022-2032. The advancements in laser technology have resulted in its wide usage and laser beams a “commonplace”. The laser welding process is used for welding a wide range of materials. Laser welding equipment finds its application …
The global marine cranes market is expected to be worth US$ 7945.2 million by 2032, up from US$ 3868.2 million in 2022, with a CAGR of 7.5 percent over the forecast period. Marine cranes are the rotating lifting and pedestal-mounted elevating machinery used to transport cargo or personnel for marine vessels, oil drilling platforms, navy ships and fishing vessels. Rapidly growing industrialization, mainly …
In 2022, the wound debridement products market is anticipated to be worth US$ 497.3 billion. The overall demand for wound debridement products is anticipated to increase at a CAGR of 5.6% between 2022 and 2032, reaching approximately US$ 857.55 Billion by 2032 due to the rise in the incidence of hard and heal wounds, as …
The global air audit equipment market is expected to be worth US$ 12,850.8 million by 2032, with a CAGR of 2.8 percent from 2022 to 2032. The automotive industry is expected to be a significant consumer of air audit equipment during the forecast period, thereby supporting market growth. As of 2022, the market is likely to reach US$ 9,749.9 Million, representing …
The advanced process control market is expected to grow at a 9.31 % CAGR during the forecast period. The constant rise in user demand, as well as the adoption of best practises to improve production and quality, as well as advanced automation and process controls, has resulted in significant growth in the APC system. However, it requires …
The Vertical Turbine Pumps market had a market value of US$ 25 billion in 2022 and is expected to have a market value of US$ 40.72 billion in 2032, with a CAGR of 5% from 2022 to 2032. Rapid urbanisation and rising demand for wastewater treatment are driving market growth. Vertical turbine pumps are classified as a …
The Growth of the Aviation Test Equipment Market is expected to reach $9.8 billion by 2032, growing at a CAGR of 4.3 percent. In 2022, total sales of aircraft test equipment will reach US$8.0 billion. Increased R&D activities aimed at developing technologically sophisticated products in the aerospace and military industries are likely to stimulate demand for aviation test equipment. Aviation …
Continue reading “Growth of the Aviation Test Equipment Market Will Expand At A CAGR Of 4.3%-FMI”
