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Over the forecast period, the global  biocomposites market  is predicted to increase at an exponential rate of 16%. Valued at US$ 25 Bn in 2021, the biocomposites market is anticipated to reach US$ 128 Bn by 2032. The increased research and development efforts for composite materials and  biocomposite uses  and benefits such as recyclability, lightweight, and cost-effectiveness are driving this trend. In addition, due to the harmful nature of synthetic materials, recycling challenges, and toxic residues, the  biocomposites market size  will continue to expand throughout the predicted timetable. As per the  biocomposites market report , Germany, the United States, and Japan are among the developed countries working on boosting the usage of ecologically friendly items rather than petroleum-based products. The European Union (EU) has favored such items over the United States and Japanese governments. It requires the use of bio-based materials, encourages the recyclability of vehic

    The  District Cooling Market  is anticipated to grow steadily at a CAGR of 3%, from US$ 930 Mn in 2021 to US$ 1.28 Bn in 2032. “Due to the current coronavirus outbreak, healthcare facilities will increasingly use energy-efficient district cooling systems. Governments set stricter GHG emission limits, which improves the outlook for the Middle East district cooling market. Problems with the interface are frequent, particularly in new construction. Planning at the highest level is necessary to resolve these interface problems. The lack of equipment space presents the biggest construction challenge for district cooling technology. If industrial operations start up again and lockdowns are lifted, there will be a greater demand for district cooling systems in the Middle East. Asia Pacific and South America, impressive demand for district cooling technology is being observed in recent times. Rapid urbanization and changing climatic conditions are the propellers for adopting ce

  Over the forecast period of 2022-2032, the  cryogenic valves market  is expected to grow at a CAGR of  4.8%  and reach a valuation of  US$ 5,523.5 Mn  by the end of 2032. Rising demand for cryogenic gases from various end-use sectors is estimated to drive growth in the global market over the forecast period. Development of new technologies and increasing investments in gas-based power plants are also set to push the market globally. Moreover, expansion of the food & beverage and chemical sectors in Asia Pacific is creating new opportunities for market players. Besides, growth can be attributed to ongoing expansion of the industrial and healthcare sectors worldwide. Increasing demand for cryogenic gases such as LNG and liquid helium in rockets is likely to augur well for the global market. Also, MRI machines require cryogenic cooling, while the food sector needs to store large quantities of food, which would aid growth. Increasing development of green energy worldwide is also

  From 2022 to 2032, the size of the global solar microinverter market  is anticipated to increase at a  CAGR of 18.1% , reaching a valuation of  US$ 5,716.0 Mn . The integrated system type is anticipated to account for more than  8%  of the global solar microinverter market share in 2022. Solar Micro Inverter is a DC to AC inverter used with photovoltaic installations. Unlike conventional string/central inverters, a micro-inverter works on Module Level Power Electronics i.e. power conversion takes place at the individual module level. The demand for solar micro inverters is expected to witness a significant upsurge on account of an increase in the number of photovoltaic (PV) installations and the need to improve overall system efficiency and safety. In 2016, the global solar micro inverters market is anticipated to register a y-o-y growth of 11.4% over 2015 and reach US$ 488.2 Mn in terms of market value. The escalating demand for solar micro inverters will continue to penet

Worldwide sales of  commercial refrigeration equipment market demand  , which witnessed an increase of 3.4% compared to 2018, will exceed US$46 billion in revenue by the end of 2019. As a recent research study by Future Market Insights (FMI) shows, the  Commercial Refrigeration Equipment Market will develop at a moderate CAGR between 2019 and 2029. Demand will be driven significantly by more production of F&B products and preferential movement of consumers. We aim to become a quick service restaurant (QSR) at the global level. Sustainable and energy-efficient refrigeration systems will become the standard across end-use industries, forcing manufacturers to increase their investment in R&D and product innovation. Leveraging energy efficient technologies to offer low global warming potential (GWP) products with multiple features will be your ticket to gaining significant market share in the long run. To Know more@ https://www.futuremarketinsights.com/reports/us-commercial

  Future Market Insights (FMI) delivers key insights on the Egypt below 30Hp centrifugal water pump market in its upcoming market forecast and outlook titled,  The Egypt below 30 Hp  centrifugal water pump market overview  is projected to register a steady CAGR of 5.1% in terms of revenue during the forecast period due to various factors, regarding which FMI offers vital insights in detail. FMI analyses the Egypt below 30Hp centrifugal water pump market in terms of market value (US$ Mn) and volume (units), by applications, pump type and pump capacity, and provides insightful information regarding market dynamics, value chain, competitive landscape, current trends, market estimations and forecast until 2020. Below 30Hp centrifugal water pumps are the most used types of pumps in the world due to robust and effective nature. Below 30 Hp centrifugal water pumps find application in various large and small scale industries such as chemicals, construction, waste water treatment and agr

  The  lead-acid battery market Demand  is expected to reach  US$ 54.3 Bn in 2021 . Future Market Insights (FMI) analysis has forecasted that lead-acid battery sales to increase at a 5.2% CAGR between 2021 and 2031. According to the study, the overall market valuation will top  US$ 90.5 Bn by 2031 . As per FMI, the demand for AGM batteries is expected to increase at a high pace, exhibiting a 6.2% CAGR in 2021. According to the market analysis by Future Market Insights, the expansion of automotive production facilities to cover rural and other remote areas has led to the increasing demand for lead-acid batteries. Rapid technological advancements in production technologies are also projected to complement market growth over the coming years.Demand for lead-acid batteries is increasing with the rise in the volume of the vehicle fleet in recent years. This can be attributed to an increase in aftermarket sales in regular interims for battery replacement. To know More @ https://www.futu

Multiple manufacturing processes adopted across diverse industrial verticals are all contingent upon the efficiency of engineering equipment & systems. The need to improve the operability of such systems can be met with the use of  gaskets & seals market value  – devices that help connect multiple surfaces & systems to complete a mechanical workflow. According to Future Market Insights’ most recent report, global demand for gaskets and seals is expected to rise steadily between 2016 and 2026. 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, with a value CAGR of  5.4 percent. To Know More @ https://www.futuremarketinsights.com/reports/gaskets-and-seals-market The report has also compiled key factors impacting the growth of global  gaskets & seals market overview  during the forecast peri

The size of the global  high pressure processing equipment market overview  is anticipated to exceed USD 430 million, with a volume CAGR of 12.3% between 2016 and 2026 and a value CAGR of 13.7% over the same period.The adoption rate of HPP equipment for cold pasteurisation in F&B industry is one the major parameters based on which the global market size has been calculated. In its latest report, Future Market Insights (FMI) has identified few of the major trends governing the overall market for high pressure processing equipment (HPPE). In brief, rapid adoption of high pressure processing technique among premium juice manufacturers, automation and technological innovation and growing number of HPP tolling service providers are playing a major role in shaping the market trajectories currently. According to the report, Hiperbaric S.A a prominent manufacturer of high pressure processing equipment is the current leader in the global market as the company’s hold over the North Ameri

  Over the forecast period of 2022-2032, the  cryogenic valves market Review  is expected to grow at a CAGR of  4.8%  and reach a valuation of  US$ 5,523.5 Mn  by the end of 2032. Rising demand for cryogenic gases from various end-use sectors is estimated to drive growth in the global market over the forecast period. Development of new technologies and increasing investments in gas-based power plants are also set to push the market globally. Moreover, expansion of the food & beverage and chemical sectors in Asia Pacific is creating new opportunities for market players. Besides, growth can be attributed to ongoing expansion of the industrial and healthcare sectors worldwide. Increasing demand for cryogenic gases such as LNG and liquid helium in rockets is likely to augur well for the global market. Also, MRI machines require cryogenic cooling, while the food sector needs to store large quantities of food, which would aid growth. Increasing development of green energy worldwide

  The global  water treatment market overview is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Growth in the global water treatment market is expected to be driven by increased demand for potable water, changing government regulations, and increased awareness of the negative impact of untreated water. Several key drivers are expected to fuel the growth of the global water treatment market during the forecast period, according to the report. Growing awareness of the dangers of impure water consumption, a steady increase in demand for fresh water, the adoption of water treatment systems, and demand for quality water from the domestic and industrial sectors are among the notable driving forces. To Know more@ https://www.futuremarketinsights.com/reports/water-treatment-market The increase in the adoption of new technologies along with focus on

Globally, sales in the  submersible pumps market review  are set to be valued at  US$ 978.5 Mn  in 2021, with a stable long-term projection. According to the latest analysis by Future Market Insights (FMI), the submersible pumps market is poised to expand at a  5.1% CAGR  over the forecast period 2021-2031. The outbreak of the COVID-19 pandemic has, however, dampened sales of submersible pumps. Delivery chain disruptions and halted manufacturing sports in the oil and fuel sector resulted in stagnant demand for submersible pumps. To increase sales, submersible pump manufacturers are focusing on launching high-value, high-performance products. Governments of developing economies in Africa and Asia, particularly in India, China, and South Africa, are increasing efforts to improve access to drinking water in rural and urban areas, which benefits the market. To Know more@ https://www.futuremarketinsights.com/reports/submersible-pump-market   “Initiatives undertaken by governmen

A new market research study by Future Market Insights on the  collaborative robots market analysis  contains global industry analysis 2014–2021 and opportunity assessment 2022–2029. The report investigates the collaborative robots market and provides critical insights for the forecast period of 2022-2029. As per the findings of the report, the global collaborative robots market is anticipated to experience substantial growth over the forecast period due to multiple driving factors such as, growing adoption of automation in end-use industry and reduction in labor cost coupled with high precision work and high regional demand for collaborative robots. To Know More @ https://www.futuremarketinsights.com/reports/collaborative-robot-market Estimated to exhibit an impressive CAGR of ~26% during the period 2022-2029, the growing automotive and electronic & semiconductors industry, incessant technological advancements, and enhanced range of applications of collaborative robots wi

The global building automation system market is expected to grow at a 7.8 percent CAGR during the forecast period. The increasing demand for energy-efficient facilities with enhanced security systems is driving the growth of the  building automation system market . Furthermore, advances in wireless communication technologies have reduced the complexity and cost of installing building automation systems in existing structures. According to a recent market survey conducted by ESOMAR-certified consulting firm Future Market Insights (FMI), the global building automation systems market will be worth $44.6 billion in 2021. Rapid advancements in building automation systems, coupled with the emergence of connective technologies such as artificial intelligence, machine learning, and cloud computing will continue augmenting market growth during the forecast period. FMI projects the market to grow at a healthy  7.8%  CAGR between 2021 to 2031. After buckling the impacts of the unpreceden

A recently published study by FMI expects the global  industrial robots market  to augment at a  12% CAGR  from 2022 to 2032. By the end of the said assessment period, a valuation of  US$ 55.66 Billion  is expected for the market. Increasing adaption of industrial robots in end user industries such as automotive, food & beverage and pharmaceutical industry is positively influencing the growth of the market. From 2017 to 2021, the industry experienced noteworthy growth, registering a value CAGR of 9% and closing at US$ 16 Billion. Although, the COVID-19 pandemic affected the growth of industrial robots, the need for automation is driving the demand for the same. Furthermore, industrial robots are not saving time at manufacturing units but also accelerating productivity rates. This has led to the dependency on industrial robots. The integration of IoT devices, along with artificial intelligence and machine learning is spurring the growth of the same. With time, industrial robot