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Refrigerating systems are used in various industrial applications such as food preservation, distinct heating and cooling applications, medical processes, and energy-related applications. Taking into account the importance of industrial refrigeration processes, leading manufacturer in the ice makers market are making products for their specific commercial applications. Among all the other industries where ice makers are used, QSR (quick service restaurant) industry remains the biggest end-user industry owing to the numerous food and beverage applications of ice makers. Depending on the changing lifestyle and dietary habits of consumers, the number of food chains, restaurants, and cafes is likely to increase rapidly in the upcoming years. The growth parameters of the QSR industry will influence the expansion of the ice makers market in the near future.

Post the great recession, the automotive industry has witnessed some positive changes with the growing production and sales of automobiles. Increasing demand for personal cars and other types of automobiles is creating ample of opportunities for tire manufacturers for realizing production efficiencies and automotive safety. Capitalizing on the increasing automotive production, tire manufacturers in the world are investing in technologies to improve performance parameters of tires they manufacture. Also, increasing concerns about drivers' safety are encouraging manufacturers to make improvements in various factors such as traction of tires and wear resistance. Growing automotive demand in Europe is influencing the developments of the Europe tire industry. It accounted for the imports of worth € 10.9 billion and exports of worth € 10.2 billion in 2016.

Poor road construction in various countries has resulted in continuous episodes of tire punctures and flat tires. Unpredictable tire damage can cause on-road accidents and delay in work. Banking on the growing requirements of the individuals, major automotive manufacturers are narrowing their focus towards equipping their vehicles with robust quality tires. Multiple instances of unpredicted tire punctures, tire damages, and worn out tires has led to the growing need for replacing tires among customers.

With the growing viewership of international sports events such as Olympics, Skiing has continued to gain popularity across countries. Broadcast companies are also focusing on diversifying their portfolio through incorporating shows on snowboarding and skiing, which has translated to increased sales of the ski boards and merchandise among customers. Banking on the growing requirements and preferences of the customers, leading manufacturers are focusing on diverting their investment towards developing a novel range of ski equipment that caters to the requirements of various customers.

Post the recent recession, the trend of globalization and industrialization is on the rise. After recovering from the recession, the durable goods and industrial goods market has witnessed substantial growth, which is likely to bolster demand for various tools in the upcoming years. The motor vehicle industry and construction industry are growing at a rapid pace, which is also a major end-user industries of tools and dies. Abrasive tools such as grinding discs and wheels are majorly used in the automotive and construction industry owing to the growing manufacturing activities around the world. Especially in the automotive industry, demand for high-quality and more efficient grinding tools is increasing for the development of future combustion engines.

Dynamic demographic factors such as employment levels, housing statistics, and purchasing capacities of consumers are boosting demand for forest and garden products around the world. Increasing growth of the construction and stone industry across the globe is further creating needs for garden maintenance and boosting the demand for garden tools and products. Grass trimmers market is likely to witness a strong impact of the rapidly growing garden market on its expansion in the upcoming years. As grass trimmer is one of the most essential garden equipment, its demand is likely to remain high.

According to the report, the dry van container market is projected to expand at a CAGR of 2.8% in terms of value throughout the period of forecast, 2018-2028.

Fact.MR reveals Revenues from Crash Protection to be 1.5X Higher than Lightings in Motorcycle Accessories Market

The GDPR assessment tools market is envisaged to record a spectacular 35.6% CAGR between the forecast period 2018 and 2028, according to a recent Fact.MR study.

Structured cabling continues to witness lucrative opportunities across countries on the backdrop of increasing number of data centers worldwide.