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Showing posts from April, 2022

Crane Market Expanding at a steady h 3.8% CAGR during 2022-2029

 In the current market scenario, rising number of construction projects in South East Asian and Latin American countries, and tie-ups with prominent sales channel partners and manufacturing entities for long-term supply, will drive the global  crane market . Further, integration of smart solutions and automation in cranes are expected to enhance sales during the forecast period. Strong customer relationships with dealers/distributors and other stakeholders in the distribution channel, reinforced through local market presence, has been at the forefront among the various policies and plans adopted by prominent players in the global crane market. Value of the global crane market was approximately US$ 43.9 Bn in 2022, which is projected to increase 1.5X by 2029. Insights Gathered from Crane Market Study The integration of cranes with IoT is expected to allow key players to increase sales during the forecast period, especially through contracts from leading companies

High Processing Equipment Market

 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. Hiperbaric S.A -- Most Successful Player in Recent Years 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 American region is substantially strong. FMI’s Insights on Growth Factors FMI indicates that the growing demand for processed, packaged and ready-to-eat food products worldwide is encouraging the use of high pressure processing equipment in food and beverage industry. Growing health concerns and