As per ESOMAR-certified consulting firm Future Market Insights’ (FMI’s) recent market analysis, growth is on the cards for the global automated guided vehicles (AGV) market. The report forecasts the market valuation to reach US$ 996 Mn in 2021, growing at an impressive 7.9% CAGR through 2031. Rapid urbanization and adoption of industrial automation within logistics, transportation, and healthcare industry across …
Category Archives: Press Release
Wood Pallets Market – Major Revenue Gain is Predicted by 2027
The global wood pallets market revenues totalled US$ 2.1 Bn in 2021 and it is likely to reach US$ 2.3 Bn in 2022. Furthermore, with rising usage across industries such as food & beverages, building & construction, consumer electronics, and pharmaceutical, the overall sales of wood pallets are projected to rise at 5.4% CAGR between 2022 and 2032, topping a valuation of US$ 3.8 …
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Bicycle Components Aftermarket Brief Forecast and Analysis by Top Key Players to 2032
Over the forecast period of 2022-2032, sales in the global bicycle components aftermarket are expected to grow at a CAGR of 6.9%, to reach a valuation of US$ 28.3 Bn by the end of 2032. Rising bicycle fleet across the globe is expected to be the key driving factor for the demand for bicycle components. …
Automotive ECU Market : Value Chain, Stakeholder Analysis and Trends by 2032
The automotive ECU market is projected to increase at a 6.1% CAGR from 2017 to 2022, reaching US$ 48,500.0 million. The market is projected to reach US$ 77,887.0 million by 2032. Automotive ECU or Electronic Control Unit is a family of computer systems that controls and maintains the entirety of electronic, electrical and mechanical systems of …
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Plastic Bottles Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2026
The global plastic bottles market size reached US$ 60.2 Bn in 2021 and is likely to surpass a valuation of US$ 62.5 Bn in 2022. Furthermore, with rising adoption across diverse industries such as food & beverages, pharmaceutical, personal care & cosmetics and homecare, the overall sales of plastic bottles are expected to rise at 5.5% CAGR between 2022 and 2032, totalling a …
Freight Cars Market Expectations and Growth Trends Highlighted Until 2030
Before 19th-century freight cars are completely made by woods but now day entire wood made fright cars have been replaced by steel made freight cars due to high strength and long-lasting. Fright cars are also known as goods wagon designed to transport commodities such as cargo, colas, grains, oil & gas, among others. Mainly four …
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Aircraft Tube and Duct Assemblies Market Latest Advancements and Business Opportunities 2030
Passenger traffic in the aircraft industry continues to register growth rates above historical averages, supported by the reduced price of travel and increasing middle-class population in developing markets. This rise is playing a crucial role in driving the growth of the global aircraft tube and duct assemblies market. The global aircraft tube and duct assemblies market …
Retread Tire Market – Future Scenario, Key Insights, Top Companies 2031
As per a study by Future Market Insights (FMI), the global retread tire sales is estimated to be valued at ~US$ 8.8 Bn in 2021. The increase in average miles driven and growing vehicles parc will drive the tire aftermarket, subsequently fuelling the demand for retreading tires. Despite negative perceptions around retread tires, they continue remain a …
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Bottle Carriers market Global Industry Overview and Competitive Landscape till 2032
The global bottle carriers market size was valued at around US$ 546 Mn in 2021 and is projected to exhibit growth at a CAGR of 4.7% from 2022 to 2032. The market is anticipated to reach a valuation of US$ 895 Mn by 2032. During the forecast period, the bottle carriers market revenue is expected to create an incremental opportunity of US$ 328 Mn during …
Automotive Garage Equipment Market is Set to Experience Revolutionary Growth by 2029
Future Market Insights’ new market research study on the automotive garage equipment market contains global industry analysis 2017 – 2021 and opportunity assessment 2022 – 2029. The report investigates the automotive garage equipment market and provides critical insights for the forecast period of 2022 – 2029. As per the key findings of the report, the …