The Optical Encoder Market revenue totalled ~US$ 2,333.4 Mn in 2021 and is projected to reach ~US$ 4,851.9 Mn by 2029, growing at a CAGR of 9.7% for 2022 – 2029. Increasing implementation of advanced absolute optical encoders by manufacturers of surface mount technology (SMT) placement equipment will also remain a major booster to market growth through 2029. …
Category Archives: Press Release
ASEAN Organic Cosmetics Market Size is Estimated to be US$ 13.07 Billion through 2032 | FMI
The ASEAN organic cosmetics market for organic cosmetics stood at an overall valuation of US$40 billion in the year 2015. Over the course of the given forecast period of 2016 to 20224, the market is supposed to reach a total valuation on US$66 billion. This growth of the ASEAN market for organic cosmetics is expected to be driven by …
Non-Operative Spine Care Market Recent Trends, Demand, Dynamic Innovation in Technology & Insights 2029
Non-Operative Spine Care is a collection of spine care procedures. Non-operative spine care excludes invasive and/or operational procedures. It is feasible that non-surgical spine care can be performed prior to spinal surgery. Exercise and physical therapy, pain management, injections, medications, and anti-inflammatory drugs are examples of non-operative spine care treatments. With the latest insights and …
Expansion Valve Industry Will Be Worth More Than $15.9 Billion By The End Of 2031 – Future Market Insights, Inc
According to Future Market Insights (FMI), the expansion valve market will report a 4.0% CAGR through 2021-2031 as demand grows in residential, automotive, commercial, and other sectors. According to the latest FMI insights, global sales of growth valves will be valued at more than US$10.7 billion in 2021, with a consistent long-term forecast. The market is also expected to exceed US$15.9 …
Global Painting Robots Market Witnessed to Exhibit Y-o-Y CAGR of 10.1% to Attain a Worth of US$ 2.9 Bn in 2021 & is Projected to Cross Revenue of US$ 7.65 Bn by year 2031-end
The global painting robots market is expected to reach a valuation of US$ 7.65 Bn in 2031, with sales growing at a stellar CAGR of 10% from 2021 to 2031. Valued at US$ 2.7 Bn in 2020, the target market is driven by swift expansion of the automobile, aerospace, consumer goods, and electronics sector. Increasing application by the construction industry will bolster …
Europe Currently Leads The Global Market For Heavy Duty Heat Pumps. Sales In Europe Will Be Over 33.0% Of Total Demand Throughout The Forecast Period
The global heavy duty heat pump market is expected to undergo notable growth in the upcoming years. The market is projected to expand at a 2.5% CAGR through 2031. The estimated market growth will likely remain constant or presumably increase owing to the rise in demand for heating and cooling each year all over the world. Heavy-duty …
Advancements In Beer Pasteurization Equipment Drives the Beer Pasteurization Equipment Market: Future Market Insights Study
The beer pasteurization equipment market size has been valued at USD 1,792.2 Million in 2023 and is expected to grow to US$ 2,627.5 Million by 2033, at a CAGR of 3.9% during the forecast period. The first major driver of demand for beer pasteurization equipment is simply the growth of the craft beer industry. As more and …
Serious Drinkers are the Target Populace for the Beer Glass chillers Market; 5.5% CAGR Estimated through 2033
According to research by Future Market Insights, The Beer glass chillers market is anticipated to expand at a CAGR of 5.5% during the forecasted period. According to Forecasts, the market would be worth US$ 2,497.6 Mn by 2033, up from US$ 1,462.2 Mn in 2023. The beer glass chiller market is expected to grow significantly in the …
Sparkling Wash Results in the Matter of Seconds! Demand for Industrial Dishwasher Rises with a CAGR of 3.3% through 2033.
The global industrial dishwasher market is projected to have a moderate-paced CAGR of 3.3% during the forecast period. The current valuation of the industrial dishwasher market is US$ 453.6 Mn in 2023. The value of the industrial dishwasher market is anticipated to reach a high of US$ 629.5 Mn by the year 2033. The key aspect pushing …
High Demand For Food Processing Equipment Drives The Commercial Bar Supplies Market: Future Market Insights Study
The commercial bar supplies market size has been valued at USD 22,195.7 Million in 2023 and is expected to grow to USD 41,664.4 Million by 2033, at a CAGR of 6.5% during the forecast period. The covid19 outbreak has changed the way we live and at the same time, it also affected the food service industry. Covid19 takes into …