The global rice processing machine market is valued at US$ 1176.43 million as on 2023. The market is expected to grow at a CAGR of 2.3% during the forecast period, and by 2033, the market is projected to reach a valuation of US$ 1476.81 million. The burgeoning rice market is one of the major factors which might increase the …
Monthly Archives: March 2023
Electric Scooters Market to expand at a CAGR of 9% through 2032 | Future Market Insights
The global electric scooters market is valued at US$ 9.59 billion as of 2022. The market is expected to grow at a CAGR of 9% during the forecast period, and by 2032, the market is expected to reach an estimated US$ 22.7 billion. Key Takeaways: China electric scooters market is expected to hold a market share of …
Commercial Winery Equipment Market Comprehensive Research Study and Strong Growth in Future 2033
The commercial winery equipment market size has been valued at US$ 1,792.2 Million in 2023 and is expected to grow to US$ 2,756.7 Million by 2033, at a CAGR of 4.4% during the forecast period. Winery equipment is a collection of tools used in the production of high-quality wines. The recent evolution of wine has increased demand for more advanced tools needed to maintain and improve the wine-making process. The …
North America ADAS Market Innovations, Technology Growth and Research 2022 to 2032
Based on the reports of FMI analysts, the US held nearly US$ 8.9 billion of the North America ADAS market. Apart from that, the US is also seeing an increase in joint ventures and acquisitions amongst the key players. The increasing application of multifunctional sensors presents a huge opportunity for the ADAS market in the …
Latin America Construction Equipment Market is anticipated to touch a value of nearly US$ 13,586.7 Million in the year 2032
The Latin America construction equipment market is expected to grow from US$ 8,676.6 Million in 2022 to US$ 13,586.7 Million by 2032, with overall sales exhibiting a CAGR of 4.6% throughout the forecast period. Rising investments by government in developing and expanding public infrastructure is a key factor expected to drive the demand for construction equipment across Latin America during the forecast period. …
Air Conditioning Compressor Market is reaching US$ 42,413.6 Million at a gracious rate of 5% by the year 2032
According to Future Market Insights, the global air conditioning compressor market is expected to be valued at US$ 25,941.3 Million in 2022 and further grow at 5.0% CAGR between 2022 and 2032. Overall sales of air conditioning compressors are projected to total a valuation of US$ 42,413.6 Million by 2032. Air conditioning compressor sales are increasing as the world’s infrastructure sector develops. The …
Refrigeration Compressor Market Comprehensive Research Study and Strong Growth in Future 2032
Refrigeration compressors find a large number of applications, such as in domestic refrigeration, commercial refrigeration, and in refrigeration systems used in the transportation industry. The major use of a refrigeration compressor is in the process of food preservation. Various refrigeration compressors are available depending upon the type of application, such as in equipment cooling, and …
Aerospace Lightweight Materials Market Increasing at a CAGR of 7.08% from 2022 to 2032
In aerospace industry, development of new materials with reduced weight, improved application specific performance and reduced cost has a significant importance. Increasing demand for these characteristics are expected to have a positive impact the global aerospace lightweight materials market. A one-piece design reduces the number of components in overall assemblies, which ultimately reduces the material …
Marine Sealants Market to Cross a Revenue of US$ 392.27 million by 2032
Sealants are defined as those materials that are applied to two or more substrates so as to fill the space between them, thereby restricting the passage of fluids. Sealants are often used in order to help resist relative movement of the substrates that compose the assembly. Ship building industry comprising commercial ship building, cruise ships …
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Medical Coatings Market Sales to Reach of US$ 10.91 billion by 2032
Medical device components and electronics require protection to be effective. Electrical charges, moisture, bodily fluids and contamination can render a life saving device useless and ineffective. Medical coatings need to be ideal for most types of substrates, including metals, glass, plastics, ceramics and silicone rubber, and should be sterilizable on all of them. Physico-mechanical coatings …
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