According to a recent FMI report, the global food holding equipment market is expected to grow at a CAGR of 4.1% during the assessment period (2023-2033). The food holding equipment market is expected to be worth $5,679.2 million by the end of 2033, up from $3,800 million in 2023. The performance of a commercial kitchen …
Monthly Archives: February 2023
Automated Guided Vehicle (AGV) Market Future Scenarios, Growth and Analytical Insights – 2031
As per ESOMAR-certified consulting firm Future Market Insights’ (FMI’s) recent market analysis, growth is on the cards for the global automated guided vehicles (AGV) market size. The report forecasts the market valuation to reach US$ 996 Million in 2021, growing at an impressive 7.9% CAGR through 2031. Key Takeaways from Automated Guided Vehicle Market Survey In terms of technology, laser-guided …
Power Transformer Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends by 2031
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 …
Conveyor System Market 2022 New Technological Development Projecting Massive Growth till 2032
The Conveyor system market will register steady growth with the overall valuation forecast to surpass US$ 13.7 Billion in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031. Global Conveyor system sales are expected to return to 2019 level, with shipments expected to reach 16,000 units by the end of 2031, says …
Hydraulic Gear Pumps Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends by 2028
Hydraulic gear pump sales continue to grow strong 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 the valuation of US$ 2.5 Billion at the end of forecast period (2010 to …
Clad Pipe Market Size, Share 2032: Present Scenario and Growth Prospects
The global clad pipe market is estimated to register a CAGR of 5.6% during 2018 to 2028. Middle East and Africa, Western Europe and South East Asia & Pacific clad pipe markets are estimated to account for significant value shares by the end of the forecast period. Clad pipes are known to be special corrosion-resistant pipes that are …
Continue reading “Clad Pipe Market Size, Share 2032: Present Scenario and Growth Prospects”
Air Separation Plant Market Size, Share 2028: Present Scenario and Growth Prospects
As per a recent analysis by Future Market Insights, the demand for air separation plants in the global market is expected to be relatively strong over the forecast period of 2022 to 2028. Registering a steady CAGR of 4.9%, the global market for air separation plant will reach a valuation of US$ 7,891.1 Mn by 2028, …
Pallet Truck Market 2022 New Technological Development Projecting Massive Growth till 2032
The publisher has been monitoring the pallet trucks market and it is poised to grow by US$ 79.8 Billion during 2022 To 2032, progressing at a CAGR of 7.5% during the forecast period. The report on the pallet trucks market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as …
Fire Extinguisher Market Analysis Report by Marketing Strategy, Promotions, New Product Launches and Emerging Trends by 2031
As per a Future Market Insights (FMI) analysis, the fire extinguisher market is projected to be appreciated at over ~US$ 3.6 Billion in 2021, growing at a CAGR of ~5.7% over the prediction period of 2021-2031. Increasing industrial and commercial sector applications of fire extinguishers, coupled with the implementation of stringent regulations and building codes are likely to result in increasing …
The Booming Pallet Pooling Market and Its Impact on Supply Chain Efficiency
Pallet pooling ensures the availability of pallets at the operational location, which results in a lean supply chain. Lean supply chain management leads to effective operational lead time. Owing to the rising inclination of most end users towards cost reduction, along with optimum lead time, the pallet pooling market is estimated to gain noteworthy traction in the …
Continue reading “The Booming Pallet Pooling Market and Its Impact on Supply Chain Efficiency”