New Product Development
The men’s pre-shave market is expected to reach Middle East Tourism in 2032, growing at a CAGR of 5.7% during the forecast period 2022-2032. In today’s world, consumers are very conscious about their looks and appearance, which makes them test various cosmetics and personal care products that are available in the market. Due to this, both, the male and …
Continue reading “Men’s Pre-Shave Market are Anticipated to Reach US$ 14.9 Bn in 2032”
The power transformer market exhibited year-on-year growth of 4% in 2021, backed by increasing efforts towards incorporating modern energy solutions in existing power system and high demand of efficient and reliable power supply. Future Market Insights (FMI) states that, power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with …
A new market research report by Future Market Insights on the commercial RAC PD compressor market is slated to top US$ 5.1 Bn in 2022, likely to surge at a vigorous 4.0% CAGR during the assessment period 2022 – 2028. The report investigates the commercial RAC PD compressor market and provides key insights over the forecast period of 2019-2029. A …
Worldwide sales of bandsaw machines is estimated to total ~ 200 thousand units in 2022, with an estimated increase of ~ 3.9% year over year, according to the recent research study published by Future Market Insights (FMI). The bandsaw machines market is set for an unwavering growth through 2029, primarily driven by growing focus on effective cutting …
The global walk-in coolers and freezers market is estimated to be worth around US$ 9.52 Bn in 2022. With rising trend of installing customized walk-in coolers and freezers, the overall market is projected to expand at a robust CAGR of 5.7% between 2022 and 2029, reaching a valuation of US$ 14.05 Bn by 2029. Consumer acceptance of frozen and processed foods, as well …
The global magnetic separator market is estimated to reach US$ 1.3 Bn in 2022. Increasing use of magnetic separators to remove unwanted particles during the metal recycling processes across diverse industries is propelling the demand in the market. Driven by this, the market valuation is set to reach US$ 1.7 Bn in 2029. The global Magnetic Separator Market is estimated to witness modest …
According to a new research report published by Future Market Insights (FMI), the automotive battery management system market is estimated to reach US$ 15.3 Bn by the end of 2029. In the near future, electric vehicles will dominate the clean vehicle market, and necessitate demand for revolutionary battery management systems. Steadily growing demand for battery management systems …
Future Market Insights (FMI) has predicted that ice cream processing equipment sales to grow at over 3.7% CAGR in the next ten years, reaching a market valuation of US$ 2.1 Bn through 2021 & beyond. With the increasing consumption of ice cream and other dairy products, the manufacturing of automated ice cream machinery has increased. Evolving eating habits and demand for …
Continue reading “Factors Influencing the Growth of the Ice Cream Processing Equipment Market: FMI”
The commercial refrigeration compressor market was estimated by Future Market Insights (FMI) to be worth US$ 8,567.6 Mn in 2022 and to grow at a CAGR of 4.3% to US$ 13,090.8 Mn by 2032. Over the projected period, it is expected that use of natural and energy-efficient refrigerants will continue to rise. About 25–35% of …
[295 pages] According to a recent study by Future Market Insights (FMI), the active humidifier devices market is expected to witness sluggish growth during the forecast period. The market is slated to grow from US$ 1.23 Bn in 2020 to over US$ 1.0 Bn by 2031. This reflects a cumulative CAGR of around -2.2% over the forecast period (2021-2031). The current market scenario …
