The global Lubricant Market size is expected to gain momentum by reaching USD 133.55 billion by 2028 while exhibiting a CAGR of 1.8% between 2021 and 2028. This
USD 114.78 billion by 2028 while exhibiting a
CAGR of 6.1% between 2021 and 2028. This information is published by Fortune Business Insights in its latest report, titled, “Modular Construction Market, 2021-2028.” The report further observes that the market stood at
USD 72.11 billion in 2020. Factors such as adoption of advanced lean manufacturing techniques and the growing infrastructure investment are expected to boost the adoption of the product globally. For instance, in March 2021, Finch Buildings, a Dutch sustainable building solutions provider, announced that it has raised over EURO 1 million with the help of Belgium-based AMAVI Capital to establish its presence globally. According to the European Union, 35% of the total waste generation in Europe is due to the construction sector. The company is a staunch believer of the fact that construction of wooden buildings is the solution going forward.
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The Saudi Arabian Facility Management Market was valued USD 24.15 Billion in 2019 and is forecast to grow at 7.64% CAGR during the forecast period, to reach USD 31.48 Billion by 2025.
Saudi Arabia is the largest market for facility management services in the Gulf Cooperation Council (GCC) region. The market for facility management in Saudi Arabia grew at a healthy pace during 2015-2019 due to increasing investments in the country’s construction sector.
The Construction sector in Saudi Arabia contributes about 8% to the country’s total GDP. Moreover, Saudi Arabia is poised to become one of the largest construction markets in the Middle East, with more than USD800 billion investments originating from large scale infrastructure projects in the country by 2030. Saudi Arabia has planned to emphasize on the greater participation of private sector for the development of
Power Magnetics for MV AC Drive Market to Exhibit 5.4% CAGR by 2027 Backed by Favorable Government Policies to Support Green Energy Applications, says Fortune Business Insights™ Key Companies Covered in Power Magnetics for MV AC Drive Market Research Report are Schaffner Holding AG,Tamura Corporation, Torytrans, AQ trafotek Oy, Hans von Mangoldt GmbH,mDexx, Bourns, Inc., RoMan Manufacturing, Inc., Danfoss, Hammond Power Solutions, Controlled Magnetics, Inc., TCI, LLC, Badger Magnetics, Inc., MGM Transformer Company, L/C Magnetics
February 02, 2021 04:23 ET | Source: Fortune Business Insights Fortune Business Insights
Pune, India, Feb. 02, 2021 (GLOBE NEWSWIRE) The global
power magnetics for MV AC drive market size is expected to showcase exponential growth by reaching USD 1.48 billion by 2027 while exhibiting a CAGR of 5.4% between 2020 and 2027. The growth is attributable to the favorable government policies supporting green e