The global market for binoculars and mounting solutions is expected to reach $8.6 billion by 2022. It is expected to grow at a CAGR of 3.8% between 2022 and 2032, surpassing US$ 11.4 billion. The rising standard of living in several developing countries, as well as an increase in spending on luxury goods, are expected …
Monthly Archives: July 2023
Unveiling the Citrus Treasure: Bergamot Extract Market Set to Flourish at US$ 150 Million by 2032
The market for bergamot extract worldwide is anticipated to be US$ 99.97 million in 2022 and to increase at a CAGR of 4.14% to US$ 150 million between 2022 and 2032. Growth is attributed to expansion in residential and commercial construction as well as the increasing demand for renovation projects. Bergamot extract helps to maintain the normal …
Pet Calming Products Market Set to Surge: Forecasting a Valuation of US$ 28.83 Billion by 2033
According to the research report published by Future Market Insights, the Global Pet Calming Products Market is projected to surpass a valuation of US$ 16.41 billion in 2023. It is likely to be worth US$ 28.83 billion by 2033. The market is predicted to capture a CAGR of 5.8% from 2023 to 2033. The increasing availability of pet calming products online due …
Desiccant Wheel Market to receive overwhelming hike US$ 683.2 billion in Revenues by 2033: Exclusive Report by FMI
The desiccant wheel market is estimated to experience a CAGR of 5.1 percent from 2022 to 2032. Desiccant wheels are expected to have a market value of US$ 431.5 million in 2022 and US$ 708.4 million in 2032. According to a desiccant wheel market assessment, the general humidity content of the atmosphere has changed significantly …
Hydraulic Cylinder Market – Dominance of the Leading Companies Over the Global Industry
Between 2022 and 2032, the global hydraulic cylinder market is expected to grow at a moderate CAGR of 4.2 %, reaching nearly US$ 22.3 billion by 2032, up from US$ 14.2 billion in 2021. Increased spending on infrastructure development and natural resource mining is expected to be the primary factor driving hydraulic cylinder market sales. Growing …
Hydraulic Cylinder Market – Dominance of the Leading Companies Over the Global Industry
Between 2022 and 2032, the global hydraulic cylinder market is expected to grow at a moderate CAGR of 4.2 %, reaching nearly US$ 22.3 billion by 2032, up from US$ 14.2 billion in 2021. Increased spending on infrastructure development and natural resource mining is expected to be the primary factor driving hydraulic cylinder market sales. Growing …
Automated Material Handling Systems Market – Key Players are Adopting Different Growth Strategies to Maintain Their Global Dominance
The global market for automated material handling systems is anticipated to grow at a CAGR of 9.2% over the course of the forecast period, according to the most recent study by FMI. The market is anticipated to be worth US$ 34 billion in 2023. The value is expected to hit US$ 81.8 billion by 2033. growing …
Plain Bearing Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2033
As per the plain bearing market report by FMI, the global market is expected to be worth US$ 10 billion in 2021 and US$ 17 billion by 2032, growing at a modest CAGR of 5% over the forecast period. The rise of plain bearing applications is propelling the market forward. In addition, increased infrastructure spending, emerging technological projects, and heavy machinery development in China, India, …
Sink into Growth: Commercial Sink Market Set to Surpass US$ 1409.2 Million by 2033
The global commercial sink market is poised for significant expansion in the forecast period of 2023 to 2033, with a healthy compound annual growth rate (CAGR) of 6.3%. The market, valued at US$ 810.4 million in 2023, is anticipated to surpass a value of US$ 1409.2 million by 2033. This projection is based on a comprehensive …
Slice of Success: Electric Pizza Oven Market to Rise with 6.7% Moderate CAGR by 2033
The global electric pizza oven market is expected to grow significantly between 2023 and 2033, with market dynamics indicating a 6.7% compound annual growth rate (CAGR). According to current estimates, the market will be worth US$ 237.9 million in 2023, and industry analysts predict that it will be worth US$ 455.1 million by 2033. Future …