New Product Development
The milk tank cooling system plays a crucial role in the dairy industry, ensuring that milk is stored at optimal temperatures to maintain its freshness and quality. In 2023, the global Milk Tank Cooling System Market is poised to achieve a valuation of US$ 678.0 million. Over the forecast period spanning from 2023 to 2033, the market …
Continue reading “Milk Tank Cooling System Market Size Set to Hit US$ 947.1 million by 2033”
The commercial oven market is poised for substantial growth, with projections indicating a significant increase in market size over the forecast period. In 2023, the market is estimated to reach a value of US$ 11,738.2 million, with further expansion expected to propel it beyond US$ 24,215 million by 2033. This trajectory reflects a robust compound …
The pre-book airport transfer industry is anticipated to grow at a compound annual growth rate (CAGR) of 23.6% from 2021 to 2031 globally. In the pre-book airport transfer market, the integration of artificial intelligence (AI), chatbots, digital payments, and other cutting-edge technologies is becoming increasingly popular in airport transfer services. To improve their services, major firms …
The global 3D printing market is projected to achieve a market worth of approximately US$ 27.7 billion by 2023. This growth is anticipated to continue at a remarkable CAGR of 21% from 2023 to 2033. Consequently, the 3D printing sector is forecasted to be valued at around US$ 186.4 billion by the end of 2033. According to FMI reports, the market …
The global revenue from the optical networking market is approximately US$ 14 billion. The optical networking market is expected to experience significant growth, with a high CAGR of 8.4%. This growth will lead to a total market value of US$ 24.8 billion by 2029. Optical networking is a communication network that uses optical fiber cables to transfer data between the transmitter and …
The global micro-electromechanical system (MEMS) market size was valued at nearly US$ 14,458.3 million back in 2022. During the period between 2023 and 2033, the overall market is projected to reach a valuation of US$ 43,290.9 million at a CAGR of 10.6%. Particularly the expansion of the automobile sector, and the growth in the communication network or infrastructure have accelerated …
The SQL server transformation market is projected to reach US$ 15.5 Billion in 2022 to US$ 30.4 Billion by the end of 2029 and will witness a robust CAGR of more than 10.1% during 2022 – 2029. SQL server transformation-based relational database management systems (RDBMS) add a layer of security to a database while providing convenience for …
The global market for special interest travel is projected to grow to US$ 3,489.7 billion by 2022. According to the analysis, sales are expected to grow at a strong 22.7% CAGR, valuing the market at US$ 26,921.1 billion by 2032. Ten to fifteen percent of the global tourism market is made up of the total sales in the special interest tourism …
The geospatial solution market is anticipated to increase from US$ 703.5 billion in 2022 to US$ 1,970.9 billion in 2029. From 2022 to 2029, the geospatial solutions market is projected to expand at a CAGR of 15.9%. According to a recent research intelligence analysis by Future Market Insights (FMI), the worldwide geospatial solution market will experience phenomenal growth from 2022 …
The Desktop as a Service (DaaS) Market is expected to increase from US$ 6,484.3 million in 2023 to US$ 34,908.8 million by 2033. The market is expected to progress at a CAGR of 18.3% from 2023 to 2033. For businesses of all sizes, managing a considerable number of desktop and laptop workstations with locally installed software is a headache. Additionally, time …