The global commercial griddle market is projected to have a high-paced CAGR of 4.7% during the forecast period. The current valuation of the commercial griddle market is US$ 525.8 Mn in 2023. The value of the commercial griddle market is anticipated to reach a high of US$ 834.2 Mn by the year 2033. The primary factor that …
Category Archives: Press Release
The Market For Pneumatic Actuators Is Expected To Grow At A Rate Of Over 5% CAGR – Exclusive Report by Future Market Insights, Inc.
Through 2031, the market for pneumatic actuators is anticipated to grow at a rate of over 5% CAGR. Pneumatic actuator demand has increased dramatically in recent years due to an increase in applications in a variety of industries, including offshore, transportation, and industrial automation, to name a few. Although the COVID-19 outbreak temporarily slowed the growth of the …
Market For Equipment For High Pressure Processing Will Surpass USD 430 Million – Future Market Insights, Inc
The size of the global high pressure processing equipment market is anticipated to exceed USD 430 million, with a volume CAGR of 12.3 percent between 2016 and 2026 and a value CAGR of 13.7 percent over the same period. During the forecast period, the market for high-pressure processing equipment is anticipated to grow due to the introduction of new clean-label products and rising …
Driving Factors For The Global Mobile Cranes Market In The Forecast Years – Future Market Insights, Inc
Suppliers are also introducing a more sophisticated variety of truck cranes, crawler cranes, or any other types of cranes as the applications of mobile cranes is becoming more diverse due to the growth in demand from many industries, including port, transportation, building & construction, to mention only some. The sales of mobile cranes has also been driven by …
Poultry Keeping Machinery Market worth US$ 6.54 Bn by 2028 – Exclusive Report by Future Market Insights, Inc.
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 areas like Latin …
Shunt Reactor Market – Business Opportunities and Global Forecast to 2030 – Future Market Insights, Inc
The growth of global shunt reactor market is linearly associated with energy demand worldwide, states a new study by Future Market Insights (FMI). Consumption of primary energy stood globally at 576 exajoules in 2019, with China, the US, and India leading the way. Alerted by the increasing carbon footprint, the industrial sector is rapidly investing in renewables, …
U.S. is expected to be the largest market in North America and reach US$ 40.4 Bn by 2031 – Future Market Insights, Inc
In 2021, the electric motor market is expected to grow annually (YoY) by 4.2% and reach 1.2 billion units. According to the report, demand for AC motors increased by 5.1% to 837 million units in 2021, while demand for DC motors will increase by 2.2% to 339 million units. According to Future Market Insights (FMI), North America …
The Market For Commercial Refrigeration Equipment Is Projected To Increase At A CAGR Of 4% From 2022 To 2028 – Future Market Insights, Inc
By the end of 2022, the market for commercial refrigeration equipment is anticipated to be worth US$ 51.8 Bn, with sales increasing 3.9% year over year. By 2028, it is anticipated that the global market for commercial refrigeration equipment will be worth US$68.3 billion, growing at a CAGR of 4%. (2022-2028). In 2020, commercial refrigeration systems held a 40% market share …
China, The U.S., India, Germany, Japan, And South Korea Are Among Leading Markets For Lead Acid Battery, Exhibiting Consistently High Demand
The lead acid battery market is expected to be worth it. $54.3 billion in 2022 According to Future Market Insights (FMI), lead acid battery sales will grow at a 5.2% CAGR between 2022 and 2032. According to the study, the global lead acid battery market will be worth $90.5 billion by 2032. According to FMI, the demand for AGM batteries is expected to …
The Demand In China Is Expected To Increase By 6.2% CAGR Between 2022 And 2028 On Value Basis – Future Market Insights, Inc
According to Future Market Insights (FMI) the Global Emulsion Explosive Market is to grow with a year-on-year growth of 5.1% in 2022 reaching a value of about US$ 2,634.3 Mn by 2022 end. Witnessing moderate expansion of more than 4% in consumption volume, the emulsion explosive market is slated for a steady growth outlook over the forecast period of 2022-2028. Water-resistant capabilities of …