Technology Innovation to Spur F&B Processing and Packaging Equipment Market Past $78 billion by 2022

Technology Innovation to Spur F&B Processing and Packaging Equipment Market Past $78 billion by 2022

December 18, 2018 UAE Business 0
Automation, integration and advancements in customized equipment will create fresh growth, finds Frost & Sullivan

Growth in the global food and beverage processing and packaging equipment market looks promising over the next four years. Frost & Sullivan’s latest analysis reveals that improved economic conditions in emerging nations, changing dietary preferences globally, and a rising demand for nutritious and ready-to-eat food products are driving demand for food processors and boosting growth in the packaging equipment market. The global food and beverages processing and packaging equipment market is expected to expand at a CAGR of 4.1% from 2017 until 2022 and reach $78.6 billion.   Read more

Technology Innovation to Spur F&B Processing and Packaging Equipment Market Past $78 billion by 2022

Forecast Growth in Electronic Test and Measurement Industry

October 8, 2018 UAE Business 0

Autonomous driving, 5G, Internet of Things (IoT), data centers, power applications, and new high-speed digital standards are the growth engines of the electronic test and measurement (T&M) equipment market for the next five years. The next wave of growth has begun with the technologies making their way down the product lifecycle, from research and development to manufacturing and deployment. Greater complexity and technology convergence will spur demand across verticals, with the largest opportunities coming from communications, semiconductors and computing industries, and the fastest growth in industrial and automotive verticals. Market winners will be those able to meet the demand while addressing the specific requirements of applications. Read more