According to Future Market Insight, the global hydrostatic transmission market is likely to reach US$ 5.61 billion by 2033, registering a CAGR of 5.1%. This is a considerable increase from its projected value of US$ 3.41 billion in 2023. Key Drivers in this Industry: Increasing demand for agricultural and construction machinery Advantages over mechanical and electric transmissions Growing demand for renewable energy Adoption …
Monthly Archives: September 2023
Automotive Performance Parts Market Set to Reach US$ 532.02 Million by 2032 with a 4.6% CAGR | Future Market Insights, Inc.
The global automotive performance parts market is anticipated to reach a valuation of US$ 532.02 Million by 2032, with sales growing at an average CAGR of 4.6% from 2022 to 2032. As a result of escalating demand for passenger cars, the market for automotive performance parts is likely to reach an estimated US$ 339.32 Million …
Clear Path to Growth: Acrylic Paper Market Projects a 3.0% CAGR Through 2031 | Report By FMI
The acrylic paper market is set to witness a CAGR of 3.0% during 2021-2031. Acrylic paper is thicker than regular drawing paper, and its rough surface is made to hold acrylic paint washes and layers in place. What is Driving Demand for Acrylic Paper? The demand for acrylic paper is being driven by rising consumer spending on paintings. Acrylic …
Acrylic Pad Market is Estimated to Grow at a CAGR of 3.0% During Forecast Period By 2031 | Report by FMI
The acrylic pad market is set to witness a CAGR of 3.0% during 2021-2031. Acrylic pad are a must-have for any serious or leisure artist interested in attempting works on paper. Acrylic paint pads can be used for a range of media other than acrylic paint, making them ideal for plain-air painting, sketching, and finished works. Check out our …
Portable Misting Fans Market is Expected to Register a Staggering CAGR of 7.8% During the Forecast Period by 2033
The global portable misting fans market is expected to register a staggering CAGR of 7.8% by garnering a market value of US$ 96 Billion. The growing temperature changes has led people to the adoption of misting fans for better environment conditions. As a result, leading market participants are focused on developing more portable mist fans with innovative ideas that are adaptive to …
Beer Brewing Machine Market is Likely to Cross ~US$ 58.6 Billion by the End of 2032 | FMI
The beer brewing machine market size is likely to hold the global market at a moderate CAGR of ~3.4% during the forecast period. The global market holds a forecasted revenue of ~US$ 42 Billion in 2022 and is likely to cross ~US$ 58.6 Billion by the end of 2032. The beer brewing machine enables convenient production of freshly brewed homemade beer. Beer brewing machines incorporate advanced features and …
Pet Travel Services Market is Anticipated to Reach at a US$ 5.42 Billion by 2033 | FMI
The Pet Travel Services Market size is projected to expand to a valuation of US$ 2.09 billion in 2023 and is projected to exhibit a CAGR of 10% from 2023 to 2033 and reach US$ 5.42 billion in 2033. Most people owing pets treat them as their companion and they love to travel with their pets and explore various destinations worldwide. Nowadays, pet travel services are growing at a …
Screen Cleaner Market is Anticipated to Reach at a US$ 60 Million by 2033 | FMI
The screen cleaner market is expected to expand to an impressive valuation of US$ 34 million in 2023 and is projected to exhibit a CAGR of 5.3% from 2023 to 2033 and reach US$ 60 million in 2033. Screen cleaner is widely used to clean computer, LED, LCD, plasma televisions, laptop devices, tablets, game devices etc. It helps the device to maintain shiny …
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Salon Chairs Market is Likely to Cross US$ 15.4 Billion by the End of 2032 | FMI
The salon chair market is likely to hold the global market at a moderate CAGR of ~5.3% during the forecast period. The global market holds a forecasted revenue of ~US$ 9.2 Billion in 2022 and is likely to cross ~US$ 15.4 Billion by the end of 2032. The trending convergence of all-purpose salon chairs, which have more adoption rate, is further anticipated to create remunerative …
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Diaphragm Pumps Flourish in North America – Insights from a Comprehensive Report by Future Market Insights
The market for diaphragm pumps is anticipated to be worth US$ 5.13 Billion in 2023 and to reach US$ 9.55 Billion by 2033 at a CAGR of 6.4 percent. The surge is linked to an increase in the production of various compact diaphragm pumps with straightforward designs. Between 2016 and 2021, the diaphragm pump market expanded at …