In 2023, the malt ingredients market is anticipated to be worth $25.7 billion USD. According to Future Market Insights (FMI), the market as a whole is anticipated to increase at a CAGR of 5.4% through 2033, reaching a worth of US$ 43.7 billion. The market for malt ingredients is being driven by the expanding demand …
Category Archives: Business
Odour Control System Market sales are anticipated to rise at a moderate CAGR of 4.7% from 2022 to 2029
The global Odour Control System Market is estimated to be worth around US$ 1.19 Billion in 2022. With rising adoption of odour control system for improving the air quality levels across diverse industries, the overall sales are anticipated to rise at a moderate CAGR of 4.7% between 2022 and 2029, totalling US$ 1.57 Billion by 2029. The newest market research study by Future …
Traction Motors Market demand is projected to increase at a CAGR of 13.0% during Forecast 2022 to 2032
The global traction motor market is expected to grow at a CAGR of 13.0% between 2022 and 2032, surpassing a valuation of $30 billion by 2032, when global sales are expected to reach 12-15%. The overall demand for these high performance motors from diverse industries such as automotive and electric & electronics has aided growth in this …
Tower Crane Market Outlook, Growth Prospects & Key Opportunities by 2031
The report estimates global tower crane market to grow at nearly 4.8% during 2021-2031. The report offers analysis in 20+ high-growth markets, providing detailed insights on tower cranes market growth will evolve in the next decade. Global tower crane sales are set to be valued at US$ 19.3 Bn in 2021, with a stable long-term projection, according to …
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Centrifugal Pumps Market sales to increase at 4.6% CAGR by the end of 2031
Centrifugal pump sales are anticipated to reach over US$ 29 billion globally in 2021, rising at a CAGR of 4.6% from an anticipated USD 24.3 billion in that year. Increased investments in the construction industry as a result of rapid urbanisation and a high demand for centrifugal pumps in the agricultural sector are the main factors propelling …
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Water Treatment Market Trends, Leading Players, Outlook & Regional Forecast By 2029
The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. The global water treatment market is expected to grow due to increased demand for potable water, changing government …
Retail Printers and Consumables Market is slated to grow at a Strong 5.4% CAGR during Forecast 2022 to 2032
The Global Retail Printers and consumables market is projected to grow at a healthy CAGR of 5.3% and 5.0%, respectively, in terms of value over the forecast period of 2017 to 2027 primarily driven owing to increasing application in end-use industry. Retail printers are electronic devices typically designed for printing of labels and receipts that are used …
Hazardous Area Equipment Market is expected to reach US$ 15.43 billion by 2032
The global Hazardous Area Equipment Market was worth $8.84 billion in 2021 and is expected to be worth $15.43 billion by 2032, growing at a 5.2% CAGR from 2022 to 2032. Hazardous area equipment is defined as devices that can either limit or mitigate the damage caused by accidents such as fires or work effectively in harsh …
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Electric Motor Market Key Players, SWOT Analysis, Key Indicators & Forecast to 2031
The electric motor market is expected to create a stupendous growth opportunity, exhibiting year-on-year (YoY) growth of 4.2% in 2021 to total 1.2 billion units. According to the FMI analysis, demand in the DC motors segment will grow by 2.2% to 339 million units in 2021, while the AC Motors segment was up 5.1% to 837 million …
Mobile Application Stores Market is likely to grow at a CAGR of 20% during 2022 to 2032
The mobile application stores market size is expected to grow from US$ 165.9 billion in 2022 to US$ 1027.21 billion by 2032. The sales of mobile application stores are expected to grow at a CAGR of 20% during 2022-2032. The mobile application stores market has grown significantly as a result of the rising use of smartphones. The …