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According to an analysis by Future Market Insights (FMI), the industrial safety footwear market is expected to be valued at US$ 18.99 Mn in 2032, with a 6.3% CAGR during the forecast period. Rapid industrialization, along with expanding end-user sectors such as construction, mining, food, pharmaceuticals, and oil and gas, as well as rising government measures to improve …
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The global agricultural equipment market is expected to be valued at US$ 68.12 Billion in 2022. With the increasing growth of the farm mechanization, coupled with the increase in investments by OEMs for Agricultural Equipment, the overall demand for agricultural equipment is projected to grow at a CAGR of 4.8% between 2022 and 2032, totaling around US$ …
In a recent research report, Future Market Insights predicted that the market for sulphur recovery technology would grow at an impressive 11% CAGR from 2021 to 2031. The market for sulphur recovery technology is anticipated to reach US$ 1.2 billion in value by 2021 and expand at a compound annual growth rate (CAGR) of 11% from 2021 …
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 …
The refrigerated display cases market is predicted to grow at a moderate CAGR of 5.5% during the forecast period covering 2022 to 2032. The refrigerated display cases market share is estimated to reach a value of nearly US$ 14 Billion by 2032, expanding from a total worth of US$ .2 Billion in 2022. The refrigerated display cases …
The global poultry keeping machinery market is set to be valued at around US$ 5.09 Bn in 2022, registering Y-o-Y growth of 3.2%. The market is projected to increase at a CAGR of 3.6% and attain a valuation of US$ 6.54 Bn by 2028. The study primarily credits rising poultry meat consumption with the market for poultry keeping equipment’s promising future. The study found that …
The CAGR for the global market for produced water treatment systems is predicted to be 5.8% between 2022 and 2029, up from 2.8% between 2014 and 2021. Increased oil and gas production, growing water scarcity concerns, and strict government regulations on produced water discharge are some of the factors propelling the global market for produced water treatment …
The global ultraviolet (UV) lamp market is estimated to create an opulent opportunity by registering a robust CAGR of 11.2% from 2022 to 2032. The market was valued at around US$ 360.6 Mn in 2021 and is expected to reach US$ 1,123.7 Mn by 2032. Ultraviolet (UV) mercury lamps are expected to account for the maximum market …
The global microbrewery equipment market is anticipated to grow from US$ 986.2 Mn in 2023 to US$ 1,364.5 Mn by 2033, with overall sales accelerating at 3.3% throughout the forecast period. Growing craft beer culture supported by increasing consumption of beer across the world is a key factor driving the growth of the global microbrewery equipment market. Microbrewery equipment refer to equipment or tools …
During the projected period (2023-2033), the global industrial steam peeler market is expected to grow at a CAGR of 7.1%. The industrial steam peeler market is projected to grow from US$ 631.0 Mn in 2023 to US$ 1,252.9 Mn by the end of 2033. Rising usage of technologically advanced steam peelers is projected to boost the demand for industrial steam peelers in …
