The global switching reluctance motors market is expected to be worth US$ 530.7 million in 2022. During the evaluation period, demand for switching reluctance motors is projected to remain high. This is owing to expanded use in various end-use sectors, which would generate US$ 1039.1 million in 2033, with a CAGR of 6.3% from 2023 to 2033. …
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The Coconut Sugar Market Set to Surpass US$ 4,936.2 Million by 2033, Riding a 3.6% CAGR Surge Amidst Growing Demand for Natural
Coconut Sugar Market to Cross US$ 4,936.2 million amid Surging Demand for Natural and Organic Food Ingredients The size of the global market for coconut sugar is projected to increase from US$ 3,635.3 million in 2023 to US$ 4,936.2 million by 2033. Sales of coconut sugar market are expected to increase at 3.6% CAGR over …
Antibiotic Susceptibility Testing Industry Aims for Treatment Precision, Eyeing a Revenue of US$ 4.05 Billion by 2028-FMI Report
In a recent report, Future Market Insights examined the global antibiotic susceptibility testing industry and identified the top five factors driving market demand and revenue development. •Infectious diseases, prevailing at a high pace •Increasing rate and tenure of hospitalization •Growing significance of early diagnostics •Soaring research interests in microbial susceptibility testing •Improving funding scenario for …
Packaging Machine Heaters Market Poised for Explosive Growth till 2033, Fueled by Cutting-Edge Innovations
The packaging machine heaters market will be valued at US$ 5.2 billion by 2022, globally. Prospects for packaging machine heaters are expected to stay strong during the review period. This is because of increased technological advancements and wider adoption in various applications, resulting in US$7.4 billion by 2033 at a CAGR of 3.5% from 2023 to 2033, …
Laboratory Balances and Scales Industry Surges Beyond US$ 2.0 Billion by 2033-FMI Report
The laboratory balances and scales industry is anticipated to expand at a 4.3% average CAGR between 2023 and 2033. By 2033, the market is expected to have a market share of US$ 2.0 billion, up from the projected value of US$ 1.31 billion in 2023. •The market expansion is fueled by the increased use of precise …
Combi Cooler Market Poised for a US$ 348 Million Surge by 2033 – Exclusive Revelations from FMI’s Report.
The market for combi coolers is expected to be worth US$ 232 million in 2022. During the evaluation period, demand for combi coolers is expected to remain high. This is due to the application being utilized more frequently across a broader range of end-use sectors, bringing in US$ 348 million in 2033 and generating a 3.8% CAGR …
Prothrombin Complex Concentrates Industry Sets Sail on a US$ 1.2 Billion Odyssey by 2033-FMI Projection
Demand for prothrombin complex concentrates industry is expected to reach US$ 772.0 million in 2023 and US$ 1.2 billion in 2033. As the market for prothrombin complex concentrates is expected to grow at a steady CAGR of 4.1%, the United Kingdom, the United States, China, and India are expected to emerge as major producers. The …
In-Depth Analysis of Trends Fueling the Optical Current Transformer Market, with Projections Extending to 2033
The global market for optical current transformers is anticipated to reach US$ 145.4 million in 2022. Optical current transformer demand is expected to remain high during the assessment period. This is due to increased urbanization and technological improvements, and it will create US$ 353.0 million in 2033, with an 8.4% CAGR from 2023 to 2033. The …
Exploring the Growth of Spicy Dairy Products Market to Reach US$ 966.4 Million by 2032 with a 3.4% CAGR Surge, Unveiling Specialized Flavors
According to research by Future Market Insights, the market for spicy dairy products market is anticipated to expand at a compound annual growth rate (CAGR) of 3.4% during the forecast period. The sector is expected to grow from US$ 691.7 million in 2022 to US$ 966.4 million by 2032. By the end of 2021, the …
High-Pressure Processing (HPP) Grains Market to Hit US$ 12,930.1 Million by 2032 with a 3.8% CAGR Surge, Riding Growth
The Global High-Pressure Processing (HPP) Grains Market is anticipated to expand at a 3.8% compound annual growth rate (CAGR) over the forecast period. According to projections, the market value will rise from US$ 8,904.9 million in 2022 to US$ 12,930.1 million in 2032. At the end of 2021, the market for high-pressure processing (HPP) grains …