Posts

Showing posts from December, 2022

Bulk Terminals Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2030

Despite recent declines in global seaborne trade due to the COVID-19 pandemic, global minor bulk trade has expanded significantly. Future Market Insights (FMI) analysts estimate that global minor bulk traded has increased to 1.74 billion tonnes.  Bulk terminals  play an important role in industrial infrastructure by ensuring the safe and efficient movement of critical resources. Steel and forest products make up 43% of minor bulk trade, according to the FMI report. In addition, metals and minerals make up about 37% of minor bulk trade, with agricultural products coming in second at 20%. Operators and owners must boost the productivity and adaptability of their expensive bulk assets if they want to compete in markets with fierce competition and steady demand for raw materials. Advanced supply chains prioritise manufacturing method automation and long-term digital ecosystem penetration. The agricultural yield is concentrated primarily in nations like the United States, Argentina, Bra

Barcode Printers Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2032

According to a recent market report published by Future Market Insights titled,  "Barcode Printers Market: Global Industry Analysis & Opportunity Assessment, 2016-2026,"  revenue generated from sales of  barcode printers  globally is estimated to be valued at US$ 2,758.0 Mn and pegged at 3,086.8 '000 units by 2016 end. It is expected to increase at a CAGR of 7.4% over the forecast period (2016-2026), to be valued at US$ 5,656.1 Mn by 2026 end. In terms of volume, the global barcode printers market is projected to be pegged at 5,384.3 '000 units by 2026 end, expanding at a CAGR of 5.7% over the forecast period. Barcode printer is defined as an electronic device designed specifically for printing of barcodes. The working principle and built of a barcode printer is slightly different from computer printers as it uses ribbons and labels working in tandem to get a barcode printed. Barcode printers usually don't have programmable logic controllers on their own, bu

Power Tools Market Current Scenario and Industry Growth Forecast with Major Key Players data by 2032

The global  power tools market  is expanding at a significant rate on the back of consumer inclination towards cordless power tools. This is anticipated to remain the key defining factor in the power tool market. As per Future Market Insights (FMI) analysis the global power tools market is expected to be reach US$ 33.36 Bn in 2021. The demand is expected to soar as construction activities surge around the world. According to FMI, construction applications will account for maximum sales in the market through the forecast period. Besides this, the rising trend of do-it-yourself activities will fuel sales opportunities for the market. The COVID-19 pandemic has severely affected the global economy. Resulting in manufacturing plants shutdowns, coupled with supply chain disruptions owing to nationwide lockdowns across the globe, subsequently resulting in the plunge in the power tools market growth. However, the market is expected to recover sharply as the economic activities resume post

Commercial Bar Equipment Market High State Of Affairs, SWOT Analysis, Business Summary and Forecast 2031

The global  commercial bar equipment market  is projected to have a high-paced CAGR of 4.8% during the forecast period. The current valuation of the commercial bar equipment market is US$ 1.7 Bn in 2023. The value of the commercial bar equipment market is anticipated to reach a high of US$ 2.7 Bn by the year 2033. The key aspect pushing the sales of commercial bar equipment is the rise in the number of bars and pubs established in countries across the globe that require pristine barware owing to their attractive appearance and ease of usage. Some consumers also purchase bar equipment for residential applications. Moreover, due to the growing awareness of environment sustainability, key companies are working toward launching innovative products made of eco-friendly materials. For instance, BPA-free equipment is expected to increase in demand and create new opportunities in the market. Certain market players have launched the highest-quality polymer-based bar equipment, which is 100% B

Food Extruder Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2033

Between 2023 and 2033, the  food extruder market  is anticipated to grow at a robust CAGR of 3.9%. The market is expected to reach a worth of US$4 87.2 billion by 2033, up from its current share of US$59.6 billion in 2023. – Modern food extruders that increase productivity and minimise power consumption are being adopted by food enterprises as a result of the changing lifestyles that drive the need for packaged and processed foods. – To make various types of processed foods, including food sticks and things made from grains and spices, new businesses are implementing food extruder systems. – The practise of snacking between work shifts and keeping protein sticks nearby for quick chomping has increased demand for food extruders as it becomes a crucial component of the food industry food processing unit. – These processed food items have become well-known among the younger generation because to the translation of home-based cuisine into convenient bars and rolls. Consequently, th

Industrial Gas Stove Market - Major Revenue Gains are Expected by 2032

During the years 2023-2033, the global market for  industrial gas stoves  is anticipated to expand at a CAGR of 3.3%. As of 2023, the market is valued at US$ 8856.84 million, and by 2033, it is anticipated to reach a valuation of US$ 12254.11 million. Luxury hotels are currently one of the biggest consumers of industrial gas stoves. According to FMI’s study, the market for luxury hotels is predicted to expand at a CAGR of 5% during the forecast period. The industrial gas stove’s large load-sharing burners have assisted parties participating in the market for luxury hotels in reducing additional costs. Additionally, because industrial gas stoves are made of stainless steel and are non-greasy by nature, using them means that less money will need to be spent on maintenance. During the projected period, this is also anticipated to boost demand for industrial gas stoves. To know more@ https://www.futuremarketinsights.com/reports/industrial-gas-stove-market The fact that industrial

Fish Processing Equipment Market – Business Opportunities and Global Forecast to 2033

The fish processing equipment market is expected to grow at a healthy CAGR of 3.9% between 2023 and 2033. The market he holds in 2023 he holds a share of US$308.1 million. Projected to exceed USD 451.6 million valuation by 2033. Rising per capita fish consumption has increased the demand for fish-based products and processed fish. Therefore, increasing urbanization has also permeated people’s diet. This ultimately increases the demand for fish processing equipment. The government provides subsidies to small businesses to help food business enthusiasts set up fish processing units. It is processed into various shapes such as balls, sticks, nuggets, cakes and pastes, which are by-products of traditional products. For example, fillets. Vendors began making equipment for certain seafood to separate fish and prevent mixing of different fish. Canned products such as canned tuna and shrimp pass through the processing unit. These canned

Sauce Making Machine Market Global Industry Overview and Competitive Landscape till 2033

The market for  sauce-making machine market  equipment is anticipated to grow steadily between 2023 and 2033, at a CAGR of 6.0%. The market is expected to reach a value of US$4 1.8 billion by 2033, up from its current share of US$ 1 billion in 2023. – – expanding the variety of foods available and increasing the usage of sauces in foods like pizza, burgers, and pastas. Since rapid packaged food has become more popular, restaurants like Subway and McDonald’s have started manufacturing their own sauce to go with the meals they deliver. – – The pandemic is blamed for both the rise in outside food consumption and the use of online food delivery services. Small business owners are being forced to purchase their own sauce equipment, such as sauce producing machines and food extruders, as a result of the cloud kitchens’ continuous operation. The creation of quick meal products including sauce, bread, and toppings is necessary given the growing number of restaurants offering dine in and

Wine Processing Equipment Market Future Scenarios, Growth and Analytical Insights – 2032

According to the FMI report, global wine processing equipment market size is anticipated to grow from US$ 1.5 Bn in 2023 to US$ 2.7 Bn by 2033 , with overall sales exhibiting a CAGR of 6.2% throughout the forecast period. One of the main factors propelling the global market for wine processing equipment is the rising consumption of different varieties of wine, particularly red wine and sparkling wine. People in nations like the U.S., France, and the U.K. regularly use wine in their meals, which has led producers to adopt cutting-edge equipment. Through 2033, this will continue to grow the market. Wine can be made from a variety of sources using equipment for wine processing. Due to rising wine consumption over the past few decades, they have significantly gained ground, and the trend is anticipated to continue during the projected period. Similar to this, it is anticipated that during the projection period, demand for wine processing equipment would increase due to the growing

Vacuum Cooling Equipment Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2033

According to the Future Market Insights (FMI), the vacuum cooling equipment market is anticipated to surpass US$ 1209.4 Mn in 2033, growing at a CAGR of 3.2% between 2023 and 2033. Due to growing consumer demand for higher levels of food safety, sustainability, and quality, the market for vacuum cooling equipment is anticipated to grow. According to FMI, the meat industry's growing use of vacuum cooling technology has led to consistent growth over the previous five years. Over the projection period of 2023 and 2033, the tendency is probably going to continue. Additionally, it is projected that as more fully automated technology and embedded sensor systems are used, the market for vacuum cooling equipment will expand. Vacuum chilling equipment sales are also anticipated to increase as a result of the usage of automated processing systems, faster machine performance, and higher machine efficiency in the food service sector. In order to promote meat processing and associated bus

Commercial Dishwasher Market - Global Revenue Growth Expectations in the Near Future

Between 2023 and 2033, the conveyor dishwasher market is expected to grow at a CAGR of 4.2%. The market is expected to reach a worth of US$4.6 billion by 2033, up from its current share of US$4 billion in 2023. -             The market for outside restaurants and food outlets is expanding, which has prompted the use of high-tech kitchen appliances like conveyor dishwashers. -           A different option for arranging dishes and other utensils before washing them is required in the modern kitchen that looks appealing and makes the entire cooking, preparing, and dishwashing process easier. -           Vendors are attempting to develop a new conveyor dishwasher that is dependable, robust, and simple to operate while also including a vacuum layer on the belt to quicken the drying process. -             An integrated dishwashing system, such as a conveyor dishwasher, which includes a sink, drying racks, a space for washing various utensils, and a place to store the washing suppli

Industrial Robot Controllers Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2029

As per Future Market Insights (FMI), the demand in the global  industrial robot controller market  is projected to surge at a robust CAGR of 8.9% during the forecast period 2022-2029. The U.S. is estimated to dominate the North America industrial robot controller market over the assessment period. Increasing adoption of robotic process automation and industrial robots such as four-axis robotic arms by leading original equipment manufacturers (OEMs) and medium-sized enterprises (SMEs), is encouraging market players to launch advanced industrial robot controllers. According to the report’s findings, the global commercial robot controller market will witness significant growth over the forecast period, propelled by means of growth in the adoption of Human device interaction (HMI), records & cloud capabilities enhancing hardware manipulation, and optimization of industrial robot value. To know More@ https://www.futuremarketinsights.com/reports/industrial-robot-controllers-market