The global soy beverage market is set to witness growth at a CAGR of 6.2% and is anticipated to reach a valuation of around USD 41.1 Bn by 2032. Soy beverages have become popular among consumers due to their ease of availability and various scientific evidence proving that these beans have numerous health benefits, such as lowering the risk of developing cancer …
Category Archives: Press Release
Educational Tourism Market is Estimated to Reach at a US$ 1,947.0 Bn by 2031 | Future Market Insights, Inc.
The global educational tourism market is predicted to reach a value of US$ 1,947.0 billion by 2031, with a robust CAGR of over 17.2%. Governments all across the globe have contributed to the modernization of the education system by creating smart learning initiatives and aligning education curricula with global teaching standards. The as artificial intelligence (AI), machine learning, virtual reality (VR), augmented reality …
Camping and Caravanning Market to grow at a rate of 7.6% by 2030 | Get Customized Reports
The global camping and caravanning market is estimated to rise at a CAGR of ~7.6% between 2020 and 2030, Future Market Insights foresees stable growth for the market. Nowadays, most of the countries, such as the Philippines, India, Thailand, Brazil, and UAE, are significantly investing in their airports to improve arrival/departure facilities for a large number of tourists in …
Global Safety Instrumentation Systems Market Is Forecasted To Be Valued At US$ 6947.3 Million By 2032: FMI
The global safety instrumentation systems market is forecasted to be valued at US$ 6947.3 million by 2032, up from US$ 4123.3 million in 2022, advancing at a CAGR of 5.4% during the forecast period. The demand for safety instrumentation systems is on the rise because of the increasingly multidisciplinary engineering atmosphere. In the face of the growing …
Asia Pacific Excluding Japan Is Projected To Dominate The Sorting Equipment Market Between 2022 And 2032: Says FMI
The global sorting equipment market size totaled US$ 3.7 Bn in 2021 and is projected to create an incremental opportunity of US$ 7.5 Bn by the end of 2032. The demand for sorting equipment in the global market is estimated to surpass US$ 3.9 Bn by 2021, expanding at a CAGR of 5% to 6% during the forecast period 2022-2032. Asia Pacific excluding Japan is projected to dominate …
Automated Sortation System Market Size Predictions : US$ 14.35 Bn by 2030
With sales of automated sortation systems enjoying Y-o-Y growth of 5.9% in 2022, the market is expected to be valued at US$ 8.09 Bn. The global automated sortation system market is anticipated to reach a valuation of US$ 14.35 Bn by 2030, expanding at a high CAGR of 7.4% (2022-2030). Operators in the automated sortation system market are increasing their own reliability index through timely deliveries, giving …
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Europe, The Middle East And Africa (EMEA) Industrial Robotic Motors Market Is Set To Account For Approximately 20.4% Of The Share In 2022
The presence of a large number of reputed robot wheel motor manufacturers and research institutes in the U.K. is estimated to drive the market during the assessment period. Europe, the Middle East and Africa (EMEA) industrial robotic motors market is set to account for approximately 20.4% of the share in 2022, estimates FMI. In January 2022, for …
Demand For Gaskets And Seals Is Expected To Rise At A Yearly Growth Rate Of 5.4%| FMI
During the forecast period 2016-2026, global demand for gaskets and seals is expected to rise steadily. According to the report, more than US$ 60 billion in gaskets and seals were sold globally in 2016. The report’s key projections predict that global gaskets and seals revenues will exceed US$ 100 billion by the end of 2026, …
ASEAN Automotive Aftermarket is forecast to expand at 8.7% CAGR by 2031-end | Get Customized Reports
The automotive aftermarket in ASEAN is reeling from the COVID-19 impact, however, recovery is likely to be more immediate compared to European and American counterparts, according to a latest study. Future Market Insights (FMI), an ESOMAR-certified market research firm, in an updated edition of its report, revised the forecast to 8.7% CAGR. This revised forecast …
Golf Cart Market projected to reach US$ 2.12 billion in 2032, Says Future Market Insights
The golf cart market is anticipated to reach a valuation of US$ 1.34 billion in 2022, according to a recent market analysis by Future Market Insights (FMI). Through 2032, the market is predicted to expand at a CAGR of 3.9%. The need for low-speed vehicles has increased for a number of functions, including short-distance commuting in parks, …