Hydrostatic transmission refers to the process of converting mechanical energy into pressure energy with the help of fluid-powered transmission system to generate high torque at low speed. Hydrostatic transmissionsystem is used for industrial purposes such as lifts, machinery, motors, etc. With the growth of construction and mining industries, demand for heavy lifting equipment has increased, …
Monthly Archives: July 2022
Vehicle Electrification Market Size, Growth, Report Study, Demand, Key Players, and Forecast by 2030
The global vehicle electrification market was valued at $70.14 billion in 2019, and is projected to reach $140.29 billion by 2027, registering a CAGR of 11.3%.Vehicle electrification is the front driving force responsible for significant revolution in the automotive industry. The demand for electrification of vehicles is majorly driven by upsurge in automotive production and …
Bearing Market Dynamic Growth Factors, COVID-19 impact on Industry Share and Outlook 2030
The global bearing market was valued at $107.46 billion in 2019, and is projected to reach $143.53 billion by 2027, registering a CAGR of 6.1%. Download Report (210 Pages PDF with Insights, Charts, Tables, Figures) at https://www.alliedmarketresearch.com/request-sample/2139 Key Market Players NSK Ltd. Schaeffler AG NTN Corporation, SKF Iljin Bearing RKB Bearing JTEKT Corporation Timken …
Automotive Bearings Market Provides In-Depth Detailed Analysis of the Industry, With Current Trends For Forecast period | (2022-2030)
The global automotive bearings market was valued at $31,606.67 million in 2019, and is projected to reach $48,415.95 million by 2027, registering a CAGR of 6.8% from 2020 to 2027. By vehicle type, the passenger car segment was the highest revenue contributor in 2019, accounting for $18,801.9 million, and is estimated to reach $28,369.8 million …
Traction Motor Market 2022: Explore Top Factors that Will Boost the Global Market by 2030
The global traction motor market was valued at $10.78 billion in 2019, and is projected to reach $30.06 billion by 2027, registering a CAGR of 13.7%. Asia-Pacific was the highest revenue contributor, accounting for $3.74 billion in 2019, and is estimated to reach $10.88 billion by 2027, with a CAGR of 14.3%. Download …
How The Major Currents Trends Will Be Shape The Wet Cat Food Market In The Future?
he growth of the global wet cat food market demand is majorly driven by increase in preference of cat owners to feed wet cat food to their cats. This is attributed to the fact that wet cat food provides better nutrition to cats with ill health, as they lose their appetite. The rising trend of …
By 2030, The Market For School Uniforms Is Anticipated To Reach $25.0 Billion.
The school uniform market has witnessed stagnant growth. Proliferation of schools across the countries has significantly contributed to the market expansion; however, innovations, such as use of organic cotton, novel materials, which inhibit body odor, and usage of sustainable material, are expected to shape the school uniform market in the upcoming years. Asia-Pacific will continue …
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The Market For Cocoa is Predicted to Grow At A CAGR of 4.3 % To $15,501.1 Million by 2027.
According to projections, chocolate production uses around half of the world’s total cocoa production. And there’s no doubt that the enormous demand for chocolates is the main driver of the rise in cocoa prices on the international market. Chocolate is being utilized more frequently in a variety of sectors, including the pharmaceutical, confectionery, food & …
Agritourism Market Witnesses Strong Growth Due to Rise in Consumer Demand for On-Farm Nature Tourism
Around the world, a sizeable portion of the populace may have little or no interaction with agriculture. As a result, agritourism is crucial in educating this group about farming practices and crop development. One way for non-farmers to learn about agriculture and support family farms by purchasing their goods directly or through intermediaries is through …
Asia-Pacific Sports Nutrition Market Overview and Scope 2020 | Key Players: Yalult Honsha, The Coca-Cola Company, Universal Nutrition Corporation etc.
Asia-Pacific Sports Nutrition Market Report, published by Allied Market Research, forecasts that the APAC market is expected to garner $7.8 billion by 2020, registering a CAGR of 9% during the period 2015-2020. In the current market scenario, Japan occupies the largest share of approximately 28%, owing to higher penetration of sports drinks and sports food. …