In 2032, the global electric vehicle motor market share was valued at about US$ 18.09 billion. Overall sales are predicted to grow at an impressive CAGR of 8.5%, according to the electric vehicle motor market analysis by FMI. As per the electric vehicle motor market survey, more than 83% of all EV motor sales worldwide are powered by …
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Conveyor Dishwasher Market is anticipated to touch a value of nearly US$ 6 Billion in the year 2033
The conveyor dishwasher market is anticipated to thrive at a CAGR of 4.2% between 2023 and 2033. The market holds the share of US$ 4 Billion in 2023 while it is estimated to cross a valuation of US4 6 billion by 2033. The growing market space for outside eateries and food outlets has led to the adoption …
Automotive Repair & Maintenance Services Market Size & Share | Global Industry Report for 2031
Global automotive repair & maintenance services market share is expected to see a growth of 3.2% CAGR by the year 2031, as per the latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. The automotive repair and maintenance services industry is expected to grow in the future due to several factors. Here are …
Rice Processing Machine Market Comprehensive Research Study and Strong Growth in Future 2033
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 …
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 …