The demand for seam welding machine is projected to rise at a steady CAGR of 3.8% during 2022-2032. The global seam welding machine market size is anticipated to be valued at US$ 1,415.6 Mn in 2022 and is projected to surpass US$ 2,055.5 Mn by 2032. The growing demand from end users such as the construction and infrastructure, consumer durable goods, and …
Monthly Archives: August 2022
Demand For Hot Chamber Die Casting Machines Is Projected To Grow At A CAGR Of 5% Between 2022 And 2032
The global hot chamber die casting machine market size is expected to be valued at US$ 1,012.3 Million in 2022. With rising growth of end-users including automotive coupled with immaculate traits such as low cost runs and best-in-class finishing’s, the product is known for expelling casts in the required format from the molten feed. Overall demand for hot chamber die casting machines is projected …
North America Ceiling Cassette Market Is Expected To Grow At A CAGR Of 4.8% In The Forecast Period 2022-2032
The North America ceiling cassette market is expected to grow at a CAGR of 4.8% in the forecast period (2022-2032) and reach a valuation of US$ 3,427.1 Mn by the end of 2032. Rapid development of urban areas in North America and ongoing technological advancements in the field of air conditioning are projected to drive the market. Besides, urgent need for energy-efficient …
Switchgear Market Is Expected To Reach At US$ 72.44 Bn In 2021 – 2031-Future Market Insights
The switchgear market Despite the fact that many end users in areas like East Asia and South Asia Pacific are expected to be negatively impacted, FMI anticipates that the global switchgear market will grow at a 6.9% CAGR through 2031. The switchgear market has been witnessing moderate growth since the last few years. This growth …
Rotary Indexer Demand Is Anticipated To Be Valued At US$ 1,096.16 Million from 2022 to 2032, FMI
Global rotary indexer demand is anticipated to be valued at US$ 800 Million in 2022, forecast to grow at a CAGR of 3.2% to be valued at US$ 1,096.16 Million from 2022 to 2032. Growth is attributed to increased demand for silicone elastomers, especially across the automotive and construction industries. Rotary indexers offer various features such as controlled acceleration and deceleration, shaft or flange output, …
Demand Of Woodworking Circular Saw Blades Account For 8% Share Of The Global Woodworking Tools Market At Present 2022
The woodworking circular saw blades market is projected to reach a valuation of US$ 68.3 Mn by the end of 2029, as per the latest report by FMI.The rise in the cost of raw materials such as roundwood and timber has increased manufacturing costs and reduced profit margins. The global woodworking circular saw blades market is expected …
Europe Power Transformer Market Is Expected To Grow At A CAGR Of 3.2 % by End Of 2031, FMI
Future Market Insights (FMI) states that, power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with a healthy CAGR of 4.6%.The power transformer market grew by 4% year on year in 2021, owing to increased efforts to incorporate modern energy solutions into existing power systems and high demand for …
Walk-In Coolers And Freezers, Accounting For The Largest Share Of 25.7% In 2022
The global walk-in coolers and freezers market is estimated to be worth around US$ 9.52 Bn in 2022. With rising trend of installing customized walk-in coolers and freezers, the overall market is projected to expand at a robust CAGR of 5.7% between 2022 and 2029, reaching a valuation of US$ 14.05 Bn by 2029. Consumer acceptance of frozen and processed foods, as well …
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Consumption Of HID Ballasts Is Projected To Drop At A CAGR Of -9.8% From 2022 To 2027, FMI
The global HID ballast market is expected to decline gradually over the period of 5 years between 2022 and 2027. This market is expected to register a growth rate of -9.8% during the forecasted period. Global sales of HID ballasts are expected to reach US$ 6.8 billion in 2022, before falling to US$ 3.6 billion by 2027. Increased replacement …
Gas Circuit Breaker Market Is Poised To Register A Low Value CAGR Of 3.9% During The Period By 2031, FMI
The gas circuit breaker market worth will total US$ 621.2 Mn in 2021, as per Future Market Insights (FMI) analysis. Overall gas circuit breakers sales are expected to grow at a CAGR of 3.9% between 2021 and 2031 in comparison to 3.5% CAGR registered between 2016 and 2020. Some of the market’s leading circuit breaker players are attempting to strengthen their market position by focusing …