Future Market Insights (FMI) has predicted the ice cream processing equipment sales to grow at over 3.7% CAGR in the next ten years, reaching a market valuation of US$ 2.1 Bn through 2021 & beyond. With the increasing consumption of ice cream and other dairy products, the manufacturing of automated ice cream machinery has increased. Evolving eating habits and demand for innovative flavors of …
Category Archives: Business
Global backflow preventer market is expected to exhibit 3.7% CAGR between 2021 and 2031 : FMI
Backflow preventer sales are set to reach US$ 367.4 Mn in 2021 with a stable long-term projection, as per the latest insights from Future Market Insights (FMI), ESOMAR-certified research and consulting firm. Demand for backflow preventers waned in 2020 due to the recessionary effects of COVID-19 on construction activities, resulting in the deceleration of backflow …
Underground Mining Equipment Market is estimated to grow at a CAGR of ~2% during 2019 and 2029.
Future Market Insights (FMI), in its new study, evaluates the ongoing developments in the underground mining equipment market and projects their impact on the growth of the market between 2019 and 2029. The study projects that the sales of underground mining equipment of worth ~US$ 14 Bn were recorded in 2018. However, the market value is likely to grow …
CBRN Protection Equipment Market will exhibit a healthy CAGR of more than 5% during 2019 – 2029 : FMI
A new Future Market Insights (FMI) study suggests that the global CBRN (Chemical, Biological, Radiological and Nuclear) protection equipment market will exhibit a healthy CAGR of more than 5% during the forecast period of 2019 – 2029. Greater emphasis of governments on enhancing safety of military forces constitutes a major push to global sales of CBRN protection …
Bulk Material Handling System Market at an overall CAGR of 2% between 2021 and 2031.
As per Future Market Insights (FMI) analysis, the bulk material handling system market revenue is expected to reach US$5.1 Bn in 2021. Incorporation of remote user connectivity and interface in equipment and use of telematics based services by original equipment manufacturers (OEMs) will drive the market, yielding a year-on-year growth of 2.10% in 2021. The global sales …
Mud Pumps Market is forecast to register 3.4% CAGR between 2021 and 2031
[300 Pages Report] As per Future Market Insights (FMI) analysis, the mud pumps market sales will total US$ 872.2 Mn in 2021. Demand outlook remains fairly positive as the market is forecast to register 3.4% CAGR between 2021 and 2031 Despite challenges posed by COVID-19 outbreak, the mud pumps market registered 1.0% year-on-year growth between 2020 and 2021. Dynamic pricing trends …
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EUV lithography market is estimated for a staggering CAGR of 22% during the forecast period of 2019-2029: FMI
Miniaturization of integrated circuits and microchips, elevated wafer production, and consistent growth of the semiconductors industry are anticipated to propel the adoption of EUV lithography into chip manufacturing across the globe. EUV lithography market is estimated for a staggering CAGR of 22% during the forecast period of 2019-2029. EUV Lithography Market Key Takeaways Reduction of microchip sizes to incorporate them into …
Mini Cranes Market Is Expected To Expand At A CAGR Of 6.0% During 2021 To 2031: FMI
The growing Mini Cranes Market demand compact cranes in various industries such as steel industry, oil & gas, automotive sector, construction, and others is anticipated to drive the mini crane market. Application in glass glazing activities will create growth opportunities. According to a study by Future Market Insights, the global mini crane market is expected to expand at …
Elevator And Escalator Market Is Expected To Rise At ~6.6% CAGR During The Forecast Period : FMI
[192 Pages Report] Elevator and Escalator Market is expected to witness growth of ~6.6% CAGR during the forecast period from the year 2020 to 2030. Expansion of the building and construction industry has been a chief driver of the global elevator and escalator market. Elevators and escalators being an integral part of the residential as well commercial buildings …
Painting Robots Market Will Register Growth At 10.1% CAGR In 2021-2031.
[350 Pages Report] Global painting robots market to exhibit year-on-year (YoY) growth of 8.3% to total US$ 2.9 Bn in 2021. As per the study, the demand for robotic arms will increase by 8.8% CAGR between 2021 and 2031, giving tailwinds to the painting robots market growth. Overall sales of painting robots will grow by 10.1% CAGR between 2021 and 2031. East Asia …
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