The global precision gearbox machinery system industry is poised to increase at a steady CAGR of 5.8%, reaching US$ 8.95 Bn by 2032 from US$ 5 Bn in 2021. “The use of precision gearbox machinery in robotic operations and experiments is significant, giving a push to the market and making it more adaptable for the next generation …
Monthly Archives: March 2022
Cathodic Protection Industry is projected to reach a valuation of US$ 7.3 Bn by the end of 2028: FMI Study
According to a recent study of Future Market Insights (FMI), the cathodic protection market will witness a robust expansion at nearly 5.6% CAGR through 2028. According to the National Association of Corrosion Engineers’ (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study, the global cost of corrosion was over US$ 2,500 Bn in …
Degassing Valve Market to Expand by 4.9% CAGR amid Surging Consumption of Coffee and Flexible Packaging Worldwide
As per a recent market analysis by Future Market Insights (FMI), the global degassing valve market size is projected to top US$ 140 Mn in 2022. With sales growing at a 4.9% CAGR, the market size will total US$ 215.7 Mn in 2031. Degassing valves are used for emitting/degassing the carbon dioxide and air inside various bags and pouches. With their exceptional functionality, these …
Global Laser Safety Glasses Market is expected to reach a valuation of US$ 1.05 Bn by 2028 : FMI
Laser safety glasses market revenue totaled US$ 509 Mn in 2021. The global market is expected to reach a valuation of US$ 1.05 Bn by 2028, rising at a high CAGR of 10.9% over the 2022-2028 assessment period. Laser Safety Glasses Market Size (2022) US$ 565.1 Mn Sales Forecast (2028) US$ 1.05 Bn Global Market Growth Rate (2022 to 2028) 10.9% CAGR …
Poultry Keeping Machinery Market is projected to increase at a CAGR of 3.6% and attain a valuation of US$ 6.54 Bn by 2028: FMI
The global poultry keeping machinery market is set to be valued at around US$ 5.09 Bn in 2022, registering Y-o-Y growth of 3.2%. The market is projected to increase at a CAGR of 3.6% and attain a valuation of US$ 6.54 Bn by 2028. Poultry Keeping Machinery Market Size (2022) US$ 5.09 Bn Sales Forecast (2028) US$ 6.54 Bn Global Market Growth Rate (2022 …
Global Linear Slide Units Market is projected to reach US$ 3.6 Bn by 2028: FMI
Shipments of linear slide units are set to enjoy Y-o-Y growth of 4.9% in 2022 and attain a market valuation of US$ 2.4 Bn. With the market predicted to expand at a CAGR of 7.2% (2022-2028), the global linear slide units market is projected to reach US$ 3.6 Bn by 2028. Linear Slide Units Market Size (2022) US$ 2.4 Bn Predicted Market Revenue (2028) …
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Europe Wood Pellet Heating Systems Market is anticipated to progress at a CAGR of 3.6% by 2029.
A new market research report by Future Market Insights on the wood pellet heating systems market includes Europe industry analysis 2014–2021 and opportunity assessment 2022–2029. The report investigates the wood pellet heating systems market and provides critical insights for the forecast period of 2022-2029. As per the findings of the report, the Europe wood pellet heating systems …
Global EUV Lithography Market Is Projected To Register 21.5% CAGR Between 2022 And 2029 : FMI
The global EUV Lithography sales were valued at around US$ 4,648.6 Mn by the end of 2021. The market is projected to register 21.5% CAGR between 2022 and 2029 reach a value of US$ 22,978.6 Mn by 2029. EUV stands for extreme ultraviolet which refers to light’s wavelength. Increasing advance lithographic systems is one of the key factors accelerating the sales …
Industrial Safety Footwear Market is expected to rise at a CAGR of over 6.3% from 2022 to 2032: FMI
According to an analysis by Future Market Insights (FMI), the industrial safety footwear market is expected to be valued at US$ 18.99 Mn in 2032, with a 6.3% CAGR during the forecast period. Attributes Details Industrial Safety Footwear Market CAGR (2022 – 2032) 6.3% Industrial Safety Footwear Market (2020) US$ 9.50 Bn Industrial Safety Footwear Market Attraction Increased …
Carbide Tools Market Expanding at a healthy 7.2% CAGR, the market size is projected to total US$ 10.7 Bn by 2029.
Estimated at a healthy Y-o-Y growth of 6.4%, global revenues of carbide tools market are set to exceed US$ 7 billion in 2022. A new Future Market Insights (FMI) study forecasts robust growth prospects for the global carbide tools market, prominently driven by fostering rate of adoption for automotive and fabrication applications. Drills and mills will remain the …