New Product Development
Demand in the global warehouse robotics market is projected to surpass US$ 5 Bn in 2022, growing at an impressive 13% CAGR over the forecast period. Growing trend of industrialization and the introduction of industry 4.0 is expected to drive the market. Against this backdrop, the market valuation is anticipated to reach over US$ 9.5 Bn in 2032. Report Attribute Details Expected Market …
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The advanced process control market is expected to grow at a 9.31 % CAGR during the forecast period. The constant rise in user demand, as well as the adoption of best practises to improve production and quality, as well as advanced automation and process controls, has resulted in significant growth in the APC system. However, it requires …
Global demand for low-voltage motors is expected to be worth US$ 39.1 billion in 2022, rising at a CAGR of 6.7 percent to US$ 75 billion by 2032. Extensive industrialization in a variety of sectors, as well as the ability to reduce the likelihood of equipment failure, will provide excellent opportunities for growth in the low-voltage motors …
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Global sales of traction motors reached around 11.7 Billion in 2022. The overall demand is projected to increase at a CAGR of 13.0% between 2022 and 2032, surpassing valuation of 30.0 Billion by 2032. Growth registered in the traction motors market is attributable to the increasing demand for high performance motors from diverse industries such as automotive and electric & electronics. Report Attribute …
Global demand for voice-over-Internet Protocol (VOIP) is anticipated to surpass US$ 127 billion by the end of 2022. By 2032, the global market is anticipated to reach US$ 255 billion, expanding at a CAGR of 9.7% from 2022 to 2032. It is anticipated that by emphasising VoIP solutions for both corporate and individual consumer sectors, …
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Shrink sleeves labels are one of the most durable and ideal labels for products that are exposed to severe moisture and friction. The major benefits in favor of shrink sleeve labels are 360 degree design coverage, full color, abrasion and moisture resistance, and wide compatibility. As no adhesives are used in the shrink sleeve labels, this property of …
Chocolates are commonly bought on an impulsive decision made by the buyer so packaging plays a vital role in sales of chocolate bars. Chocolate is a heat sensitive product hence chocolate requires packaging that particularly addresses the issue of maintaining quality in high temperature. Commonly multilayer packaging is used for packaging of chocolate bars. Chocolate …
Hectic routine and the resulting convenience products requirement, along with the microwave cooking popularity has contributed to rising use of microwave-able retort ready meals packed in stand-up pouches and trays. Flexible packaging solutions including, retort pouches, reseal able zippers, and spouts are replacing rigid pack designs, such as glass jars and metal tins. Customers’ growing …
The global PET dome lids market size is slated to grow at a CAGR of 7.5% and reach US$ 18.2 Billion in the forecast period from 2022 to 2032. It is expected to be valued at US$ 13.4 Billion in 2022. The lids are essential part of food & beverage packaging, to prevent it from leakage or to keep the product fresh. The PET …
Demand for 2 Loop FIBC Bags is expected to reach US$ 2.6 Billion in 2022 and is projected to increase at a CAGR of 3.02% to US$ 3.5 Billion from 2022 to 2032. The global adoption of 2 Loop FIBC Bags in the packaging sector is responsible for the market’s expansion. Industrial bags with two handles, known …
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