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Showing posts from February, 2023

Portable Keg System Market Size, Share, Trends & Growth Analysis during Forecast 2023 to 2033

 According to Future Market Insights, the  portable keg system market  is expected to grow at a CAGR of 4.1% during the forecast period. The market is expected to be worth US$ 1,741.4 Million by 2033, up from US$ 1,165.2 Million in 2023. The market for portable keg systems is expected to expand significantly in the coming years. The increasing popularity of craft beer and wine, as well as the convenience that these systems provide, are driving this growth. The demand for portable keg systems will continue to rise as more people want to drink quality beverages outside of traditional bars and restaurants. Consumers are increasingly choosing portable keg systems to preserve the natural flavour and quality of alcoholic beverages for extended periods of time. Because several brewers frequently use portable keg systems to distribute draught beer in order to maintain pressure, on-trade sales account for a larger portion of the product’s demand. Sales are also being driven up by ...

Mini Brew Fermenter Market Outlook, Current and Future Landscape Analysis 2023 to 2033

 The  mini brew fermenter market  is expected to be worth $989.2 million in 2023 and grow to $1,642.3 million by 2033, at a CAGR of 5.2% during the forecast period. The market for mini brew fermenter is expected to grow significantly over the forecast period due to changing consumer preferences, particularly among young people, who are increasingly interested in sustainable, flavourful, and affordable fresh beer made with natural and authentic ingredients. Furthermore, sales of mini brew fermenters are expected to rise in the coming years as a result of expanding the brewing portfolio to enable beer enthusiasts to realise their brewing potential. Major market players offer a comprehensive line of homebrew products, with over 70 products in this category for both professionals and hobbyists. Request a Sample to Obtain Authentic Analysis @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16037 Furthermore, the growing consumer interest in premium handcrafted beer ...

Mill Mixer Market Expectations & Growth Trends Highlighted from 2023 to 2033

 According to a recent FMI report, the  Mill Mixer market size  is expected to reach US$ 1,973.3 Million in 2033, growing at a CAGR of 3.3% between 2023 and 2033. A mill mixer, according to FMI, is a machine that aids in the mixing of various ingredients to produce a finished product. This type of equipment is most commonly found in the food industry, but it can also be used to mix chemicals or concrete. On the market, there are numerous mill mixer models, each with its own set of features and capabilities. It is critical to consider the specific needs of the business or project that will use the mill mixer when choosing one. For example, some mill mixers are designed for large-scale production, whereas others are better suited for smaller batches. Other factors to consider include the mixer’s speed, motor type, and the size and shape of the mixing chamber. Download a Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16033 Key Takeaways fr...

CHP Market Expectations & Growth Trends Highlighted from 2022 to 2032

 The global  CHP market  is expected to grow at a 6.4% CAGR, reaching a market value of US$ 2,091.6 million in 2022. The market is expected to exceed a market value of US$ 3,876.5 million during the forecast period of 2022 to 2032. Over the forecast period, the market for combined cooling, heat, and power (CHP) plants is expected to be propelled by government regulations governing greenhouse gas emissions and the emergence of new technologies such as absorption chillers that effectively convert heat into cooling. From 2016 to 2021, the market for CHP grew at a CAGR of 5.5 percent. Trigeneration, also known as cooling heat and power together, is a method of producing cooling energy for a refrigerator and air conditioner by using heat from a combined heat and power plant. It is the most cost-effective and environmentally friendly method of producing heat, cooling, and electricity, making it the best choice for businesses that require a lot of cooling. Request A Sample Copy ...

Automated Sortation System Market Analysis, Segments, Leading Player, Application & Forecast 2022 to 2030

 Future Market Insights, an ESOMAR certified market research firm in its latest report pegs the global market for automated sortation system  to surpass a valuation of US$ 14.34 Billion by the end of 2030. With accuracy and efficiency of automated sortation systems set to boost KPIs, manufacturers are steadily scaling up logistics and warehousing businesses to improve sorting and picking. Automated sortation are giving and uptick to profit margins by a respectable 1% gain and helping to reduce the total cycle time for orders. With newer sortation systems having sortation rates close to 100%, operators within the automated sortation system market are increasing their own reliability index through timely deliveries thus gaining an edge in the overall market. Better throughputs help stakeholders prepare well for capacity forecasts. Request a Sample Copy of this Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-11931 Key Takeaways of Automated Sort...

Image Based Barcode Reader Market Analysis, Key Players, Industry Segments & Forecast to 2030

According to Future Market Insight's recently published report, the image-based barcode reader market is expected to grow rapidly between 2020 and 2030. Rapid adoption of Industry 4.0 has resulted in the deployment of advanced technologies such as robotics, artificial intelligence, and cloud-based computing throughout the manufacturing sector. This has enabled businesses to streamline asset tracking and monitoring, resulting in a surge in the use of barcode readers. Concerns about the spread of a new coronavirus have prompted end-users to use barcode readers to ensure contactless transactions between individuals. Retailers use this technology to analyse user data and expand their customer base via virtual platforms. Similarly, airports use QR codes to filter visitors and track contact information. According to these trends, the use of image-based barcode scanners is only expected to grow in the forecast period. Get a Sample Copy of this Report with Table of Contents and Figures @ ...

Submersible Pump Market Analysis, Segments, Leading Player, Application by 2031

 The global submersible pump market is expected to reach US$ 14.45 billion by 2031, up from US$ 8.42 billion in 2020, according to FMI's extensive analysis. Submersible pump demand from the construction, mining, and oil and gas industries is driving market growth. As a result, the market is expected to grow at a 5.2% CAGR between 2021 and 2031. As a result of rapid urbanisation and industrialization, water scarcity has emerged as one of the world's most pressing issues. As a result, increased emphasis on wastewater treatment and demand for new water sources, such as ground water reservoirs, to meet domestic and industrial water needs are driving market demand. As a result, submersible pump sales are expected to rise 4.6% year on year in 2021. Governments in emerging markets are stepping up efforts to improve rural and urban access to safe drinking water. According to the Department of Drinking Water and Sanitation, the Indian government has launched the "Jal Jeevan Missio...

Agricultural Equipment Market Expectations & Growth Trends Highlighted from 2022 to 2032

 The global agricultural equipment market is expected to be worth $68.12 billion in 2022. With increased farm mechanisation and OEM investments in agricultural equipment, overall demand for agricultural equipment is expected to grow at a CAGR of 4.8% between 2022 and 2032, reaching around US$ 108.86 billion by 2032. Year after year, the demand for agricultural tools rises. In exchange for investing in their farm tools business, the government provides farmers with appropriate interest schemes. Furthermore, contract farming's commercialization has boosted market growth. Key players are hesitant to endorse equipment that has been certified by international standards such as the ISO 25119 Series. It was developed by the ISO technical committee 'ISO/TC 23, Tractors and Machinery for Agriculture and Forestry, subcommittee SC19'. These standards are recognised by running for a longer period of time with no recovery time. Request a Sample Copy of Report @ https://www.futuremarket...

Micro CHP Market Size, Share, Demand & Growth during Forecast 2022 to 2032

 The global micro CHP market is expected to be worth $1 billion by 2022. High efficiency, reduced fuel consumption, and increased power manifestations across applications will drive industry growth, as will strict regulation in the energy sector to reduce extreme climatic conditions. The overall demand for micro CHP is expected to grow at a CAGR of 7.2 percent between 2022 and 2032, reaching approximately US$ 2.0 billion by that time. The generation of heat across the residential and commercial sectors to boost energy-efficient systems with waste heat generation is the ubiquitous driving force behind the micro CHP system. Another driving factor in the micro CHP market is the reduced maintenance and operation requirements. Micro CHP, with a capacity ranging from 10 to 50 kW, is regarded as a growing technological innovation because it combines heat generation and sustenance with energy efficiency, assisting in the reduction of market estimates. Sustained heat production enabled by ...

Commercial Wine Dispenser Market Size, Share, Trends & Growth Analysis during Forecast 2023 to 2033

 As per the reports published by FMI, the global commercial wine dispenser market is projected to have an average-paced CAGR of 5.1% during the forecast period. The current valuation of the market is US$ 1,689.3 million in 2023. The market value of the commercial wine dispenser market is anticipated to reach a high of US$ 2,778.0 million by the year 2033. A historical market valuation of US$ 1,607.33 million has been recorded by the experts of Future Market Insights for the concerned market during the base year. FMI has analyzed that in recent years the commercial wine dispenser market has witnessed an unprecedented surge owing to a number of considerable factors that include a rise in urbanization across the world and the trend of modern consumers to upgrade their dining habits. Furthermore, the growing number of pubs, cafeterias, and restaurants is further anticipated to propel the growth of the commercial wine dispenser market. In addition, the invention and technology wil...

Commercial Winery Equipment Market Expectations & Growth Trends Highlighted from 2023 to 2033

 The commercial winery equipment market was worth $1,792.2 million in 2023 and is expected to grow to $2,756.7 million by 2033, at a CAGR of 4.4% during the forecast period. Winery equipment is a collection of tools used in the production of high-quality wines. The recent evolution of wine has increased demand for more advanced tools needed to maintain and improve the wine-making process. The increase in the number of wineries and commercial wine production, as well as the quality of finished products, may drive the commercial winery equipment market forward. The growth of the commercial winery equipment market is driven by factors such as the increasing demand for wine, rising disposable incomes, and changing lifestyles. The growing popularity of wine tourism is also driving the demand for commercial winery equipment. Download Sample Copy of Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16030 Key Takeaways: Germany currently has a commercial winery equipment...

Beer Pasteurization Equipment Market Analysis, Segments, Leading Player, Application & Forecast 2023 to 2033

 The beer pasteurization equipment market size has been valued at USD 1,792.2 Million in 2023 and is expected to grow to US$ 2,627.5 Million by 2033, at a CAGR of 3.9% during the forecast period. The first major driver of demand for beer pasteurization equipment is simply the growth of the craft beer industry. As more and smaller breweries spring up around the globe, there is an increasing need for efficient and effective ways to pasteurize their products. This has led to a surge in demand for both new and used beer pasteurizers in recent years. The beer pasteurization equipment market is expected to grow in the forecast period due to the increasing consumption of beer and new launches of flavoured beers. In this regard, the demand for craft beers is high, owing to their rising popularity regarding their extensive flavours, in addition to the regular flavours provided by macro breweries. Furthermore, the increasing appeal of craft beers infused with new ingredients and flavours, i...

Beer Glass Chillers Market Expectations & Growth Trends Highlighted from 2023 to 2033

 According to Future Market Insights, the Beer glass chillers market will grow at a CAGR of 5.5% during the forecast period. Forecasts predict that the market will be worth $2,497.6 million by 2033, up from $1,462.2 million in 2023. The beer glass chiller market is expected to expand rapidly in the coming years. This is due to the growing popularity of craft beer and the desire of customers to keep their beer cold. Beer glass chillers come in a variety of styles, ranging from simple ice packs to more sophisticated cooling systems. The type of chiller you select will be determined by your budget and the frequency with which you intend to use it. For casual drinkers, an ice pack may be all that is required to keep your beer cold. Serious drinkers, on the other hand, might want to invest in a more sophisticated system. Request a Sample Copy of the Report @ https://www.futuremarketinsights.com/reports/sample/rep-gb-16009 Beer glass chillers have been around for centuries, with the fir...

Industrial Dishwasher Market Analysis, Segments, Leading Player, Application & Forecast 2023 to 2033

  The global industrial dishwasher market is projected to have a moderate-paced CAGR of 3.3% during the forecast period. The current valuation of the industrial dishwasher market is US$ 453.6 Million in 2023. The value of the industrial dishwasher market is anticipated to reach a high of US$ 629.5 Million by the year 2033. The key aspect pushing the sales of industrial dishwasher is the premium quality of these machines that key manufacturers strive to deliver. For instance, certain key players use modern techniques and high-grade components to manufacture their machinery. Moreover, with the support of experienced technical experts, they aim to provide premium quality of machines to their valued clients across the globe. Key players are committed to providing dishwashers that are tailor-made according to the end user’s requirements, and yet remain reliable and economical. The demand for industrial dishwasher is rising since their solid construction ensures first-class cleanlin...

Pre-Insulated Pipe Market Expectations & Growth Trends Highlighted from 2023 to 2033

 According to FMI's analysis, the pre-insulated pipe market will grow at a CAGR of 5.7% during the forecast period. The industry's value is expected to rise from US$ 6.1 billion in 2023 to US$ 10.6 billion by the end of 2033. The market for pre-insulated pipes is expanding as governments around the world encourage the use of energy-efficient products. The government is taking steps such as offering incentives and tax breaks to encourage the use of such products. Furthermore, the growth of the district heating and cooling industry is driving the adoption of pre-insulated pipes. The market's new product releases have a positive impact on pre-insulated pipe sales. Twin type pre-insulated pipes have recently been steadily capturing market share as end users shift towards obtaining them. Manufacturers are introducing new pre-insulated pipes that reduce labour costs and are simple to install. Pre-insulated pipes are in high demand in the chemical, oil, food, and petrochemical in...

Condition Monitoring System Market Analysis, Segments, Leading Player, Application by 2031

 The global demand for condition monitoring system market is expected to exceed US$ 6.79 billion by the end of 2031. Demand in Canada is expected to rise at a nearly 7% CAGR during the forecast period. The presence of a well-developed oil and gas industrial landscape, as well as a thriving food and beverage industry, drives the condition monitoring system market in Canada. According to a new Future Market Insights (FMI) report, significant growth in the condition monitoring service market is being driven primarily by the expansion of the facility generation industry. Which has a significant share of the overall market value, followed by the chemical and petrochemical industries. The automotive, logistics, and petrochemicals industries, in particular, are well aware of the virus's potential impact. Given the widespread lockdowns in the majority of countries, several business executives have halted their manufacturing operations. Get a Sample Copy of this Report @ https://www.future...