New Product Development
The Italy sustainable tourism market is estimated to reach a valuation of US$ 34.5 Mn in 2022. Sales in the market are projected to increase at a 14.9% CAGR during the forecast period (202-2032). Sustainable tourism is a type of tourism that meets the needs of tourists, the tourist industry, and host communities today without compromising the ability of future generations …
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The global market for Large synchronous motors is anticipated to be valued US$ 222 million in 2031. In its analysis, Future Market Insights (FMI) predicts a stable long-term growth outlook for the market. According to the study, the worldwide big synchronous motor market will grow at a moderate CAGR from 2021 to 2031. The report looks at 20+ high-growth …
The report estimates global tritium light source market to grow at nearly 2.3% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tritium light sources market growth will evolve in the next decade. Global tritium light source sales are set to be valued at US$ 206.4 Mn in 2021, with a stable …
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The Philippines culinary tourism market size is anticiupated to reach US$ 5405 million in 2022 and to exceed US$ 21,302.47 million by 2032. According to the analysis, demand for culinary tourism in the Philippines is expected to grow at a CAGR of 14.7% between 2022 and 2032. Philippines culinary tourism market share is predicted to increase significantly due to its unique …
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Automotive in-wheel motors have recorded a remarkable surge in sales in recent years, influenced by multiple factors ranging from greater driving range per charge to elimination of components such as driving and differential shafts. According to a study of Future Market Insights (FMI), the automotive in-wheel motors sales will exceed 720 thousand units in 2019. Affordability …
The global bonded magnets market is currently valued at around US$ 2.38 Bn, and is anticipated to progress at a healthy CAGR of 5% to reach US$ 3.52 Bn by 2030-end. Rising competition in electronics industry worldwide is fostering innovations in material development – lightweight material housing – for e-drive systems. Bonded magnets market is growing in line with the trend as lightweight, yet …
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The UAE faith based tourism market is projected to reach a valuation of US$ 290 Mn in 2022. Sales in the UAE faith based tourism market are projected to increase at 12.7% CAGR from 2022 to 2032. The UAE has one of the most prosperous religious tourism industries in the Gulf. It is also considered to be the Arab world’s largest source of …
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The U.S. holds around 79.7% market share of the North America inductor market and it is predicted to expand at 5.4% CAGR during the forecast period. Robust expansion of automotive and consumer electronics industries, increasing adoption of advanced technologies, and strong presence of leading manufacturers are some of the key factors driving the U.S. inductor market. Consumer electronics is …
The automated material handling equipment market is projected to grow at a 9.4% CAGR during the forecast period, reaching $70 billion by 2032 The global industry for these machines are growing rapidly due in part because they offer increased efficiency and lower labor costs when compared with traditional methods of transporting goods around warehouses or plant floors. …
The Indonesia sustainable tourism market is estimated to total US$ 10.2 Mn in 2022. Demand is slated to surge at a a 27.3% CAGR over the assessment period, in comparison to the CAGR of 21.4% registered between 2017 to 2021. The Indonesia sustainable tourism industry is following various promotional activities such as direct marketing, discounts, offering free giveaways, and hosting events activities to promote their …
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