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Commercial Refrigeration Equipment Market Expected to Reach USD 75.34 Billion by 2031

Submitted by BhushanTMR on Mon, 04/15/2024 - 06:41

Global Commercial Refrigeration Equipment Market Overview:
• The global commercial refrigeration equipment market was valued at US$ 40.1 billion in 2021 and is projected to reach US$ 75.34 billion by 2031, with a CAGR of 6.7% from 2022 to 2031.
• Increasing spending on home appliances, including refrigerators, due to improved quality of life is driving the demand for commercial refrigeration equipment.
Key Findings:

Lithium-ion Batteries Market Set to Achieve USD 57.9 Billion By

Submitted by BhushanTMR on Mon, 04/15/2024 - 06:22

Global Lithium-ion Batteries Market Overview:
• The global Lithium-ion Batteries market was valued at US$ 21.3 billion in 2021 and is projected to reach US$ 57.9 billion by 2031, expanding at a CAGR of 10.8%.
• These batteries require continuous research and development efforts to achieve commercial viability, especially in fields like electric vehicles and renewable energy storage.
Battery Advancements:

Concrete Pump Market Projected to Hit USD 6.7 Billion by 2031

Submitted by BhushanTMR on Mon, 04/15/2024 - 06:00

Global Concrete Pump Market Overview:

The global concrete pump market is projected to reach a value of USD 6.7 billion by 2031, growing at a CAGR of 4.3% from 2023 to 2031.
Concrete pumps play a crucial role in modern construction by facilitating the efficient and controlled transfer of liquid concrete.
Key Drivers:

Precast Construction Market on Track to Reach USD 221.1 Billion by 2031

Submitted by BhushanTMR on Fri, 04/12/2024 - 04:12

The global precast construction market is experiencing significant growth, with a projected value of USD 221.1 billion by 2031, reflecting a CAGR of 4.6%. Precast construction offers numerous advantages over traditional on-site construction methods, driving its adoption across various sectors.

Here's a comprehensive analysis of the market, including key drivers, challenges, major players, recent developments, and future trends:

Market Overview:

Key factors fueling this growth include:

Industrial Automation Market Set to Exceed USD 438.08 Billion by 2030 - TMR Research

Submitted by BhushanTMR on Fri, 04/12/2024 - 03:49

The global industrial automation market is poised for significant growth, with an estimated value of USD 227.29 billion in 2022, projected to reach USD 438.08 billion by 2030, indicating a remarkable CAGR of 7.56%. This sector is rapidly evolving, transforming manufacturing and industrial processes by integrating advanced technologies. Here's an overview of the market landscape, key drivers, challenges, and future trends:

Market Overview:

Ship Loader and Unloader Market Gears Up for USD 60.0 Billion Milestone by 2031

Submitted by BhushanTMR on Thu, 04/11/2024 - 06:32

The global ship loader and unloader market reached a value of USD 41.9 billion in 2022 and is projected to attain USD 60.0 billion by 2031, marking a CAGR of 4.1%. This sector is witnessing steady growth driven by the expansion of maritime trade, port expansions, and the integration of automation in material handling operations.

Blower Market Forecasted to Surpass USD 2 Billion by 2031 - TMR Analysis

Submitted by BhushanTMR on Thu, 04/11/2024 - 06:15

The global blower market is anticipated to hit USD 2 billion by 2031, with a projected compound annual growth rate (CAGR) of 5% from 2024 to 2031. Blowers, which are industrial machines generating air or gas flow, are experiencing consistent growth fueled by industrial applications, HVAC systems, and environmental regulations promoting energy efficiency.

Solar Powered Car Market Projected to Reach USD 46.11 Billion by 2031

Submitted by BhushanTMR on Mon, 04/08/2024 - 21:43

The global solar-powered car market is anticipated to reach a value of USD 46.11 billion by 2031, exhibiting a robust compound annual growth rate (CAGR) of 35.50% from 2024 to 2031. Solar-powered cars represent a rapidly advancing sector poised to transform transportation. This report delves into the current landscape of the market, its key drivers, challenges, and future trends.

Biomedical Refrigerators and Freezers Market Grows, Reaching USD 6.12 Billion by 2031

Submitted by BhushanTMR on Mon, 04/08/2024 - 20:23

The global market for biomedical refrigerators and freezers is anticipated to reach USD 6.12 billion by 2031, with a projected compound annual growth rate (CAGR) of 7.1% from 2023 to 2031. These refrigeration units are indispensable for storing vaccines, blood samples, medicines, and other biomedical products at precise temperatures to maintain their efficacy and safety.

Here's a comprehensive analysis of the market, covering growth drivers, competitive landscape, recent developments, strategies for market players, market segmentation, and reasons to buy this report:

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