The global commercial refrigeration equipment market is expected to be worth $68.3 billion by 2028, with a 4% CAGR. (2022-2028). The market for commercial refrigeration devices is expected to grow at a CAGR of 4% over the forecast period. With sales of commercial refrigeration equipment increasing 3.9% year on year in 2022, the market is …
Monthly Archives: February 2023
Lead Acid Battery Market Poised for Robust Growth with Anticipated 5.2% CAGR during Forecast 2022 to 2032
The lead acid battery market is expected to be worth $54.3 billion in 2022. According to Future Market Insights (FMI), lead acid battery sales will grow at a 5.2% CAGR between 2022 and 2032. According to the study, the global lead acid battery market will be worth $90.5 billion by 2032. According to FMI, the …
Strict Environmental Regulations and Water Scarcity Drive Growth in Produced Water Treatment Systems Market from 2022 to 2029
In 2022, the global market for produced water treatment systems is expected to be worth $4.29 billion. With increased global oil and gas activity, the overall market is expected to grow at a 5.8% CAGR between 2022 and 2029, surpassing a valuation of US$ 6.38 billion by 2029. Increased oil and gas production, rising water …
Growing Need for Corrosion Prevention Propels Cathodic Protection Market Growth from 2022 to 2032
According to Future Market Insights (FMI), the global cathodic protection market is expected to be worth more than US$ 4,605.0 million in 2022. The market is expected to grow at a CAGR of more than 5.2% from 2022 to 2032, reaching US$ 4,680.2 Million by 2032. According to the report, corrosion damage accounts for approximately …
Rising Demand for UV Disinfection Drives Growth in the Global UV Lamps Market from 2022 to 2032
Between 2022 and 2032, the global ultraviolet (UV) lamp market is expected to generate opulent opportunities at a robust CAGR of 11.2%. In 2021, the market was worth approximately US$ 360.6 million, and it is expected to grow to US$ 1,123.7 million by 2032. UV mercury lamps are expected to account for the largest market …
Automotive Emergency Braking System Market Share to expand at a CAGR of 14.8% by 2033
The global automotive emergency braking system market share is anticipated to be valued at an estimated US$ 165093.4 million in 2033, with sales growing at a prolific CAGR of 14.8% from 2023 to 2033. The market will likely reach a valuation of US$ 41525.1 million in 2023; shaped by the rising number of traffic accidents …
Air Suspension Systems Market Demand worth US$ 5.2 Billion in 2023 | Future Market Insights
The global air suspension systems market demand is expected to be worth US$ 5.2 billion in 2023. By the year 2033, it’s expected that the market for air suspension systems would be worth more than US$ 13.0 billion. The analysts at Future Market Insights had estimated a historical market valuation of US$ 4.9 billion for …
Growing Demand for Efficient and Automated Dal Mill Machines: A Comprehensive Study of the Global Market from 2023 to 2033
According to a recent FMI report, the market for Dal Mill Machine Market is expected to reach US$ 284.4 Million in 2033, growing at a CAGR of 4.0% between 2023 and 2033. The Dal Mill Machine industry is mature, but it is changing due to rising customer demand for improved food safety, sustainability, and quality. …
Condition Monitoring Service Market Global Industry Overview and Competitive Landscape till 2032
The global demand for condition monitoring services is projected to surpass the valuation of US$ 6.79 Billion by 2031 end. As recommended by a replacement Future Market Insights (FMI) report, substantial growth within the condition monitoring service market is principally backed by the expansion of the facility generation industry, which holds an outstanding share of the …
Electronic Power Steering Market Demand to Hit US$ 41,893.2 million by 2032 | Future Market Insights
The global electronic power steering market demand is anticipated to reach a valuation of US$ 41,893.2 Million in 2032, with the market growing at a moderate CAGR of 5.2% from 2022 to 2032. By the end of 2022, the target market is set to reach an estimated US$ 25,234.0 Million. Key Takeaways: Heightened demand for …