According to a recent study, it is projected that the portable rolling toolbox market will witness a stable growth rate in the forecast period. A portable rolling toolbox is widely used in the manufacturing process as well as the supply chain for maintaining the machinery involved in it. With rising urbanization and industrialization, the demand for portable …
Monthly Archives: October 2022
Sorting Equipment Market Is Projected To Create An Incremental Opportunity Of US$ 7.5 Bn By The End Of 2032
The global sorting equipment market size totaled US$ 3.7 Bn in 2021 and is projected to create an incremental opportunity of US$ 7.5 Bn by the end of 2032. The demand for sorting equipment in the global market is estimated to surpass US$ 3.9 Bn by 2021, expanding at a CAGR of 5% to 6% during the forecast period 2022-2032. Additionally, these devices automatically sort objects based on …
By 2032, Market For Telescopic Masts Is Expected To Reach $603.1.1 Million
Global sales in the telescopic masts market are projected to be valued at over US$ 374.0.8 Mn in 2022, expanding at a 4.9% CAGR over the forecast period. According to Future Market Insights (FMI), increasing usage of telescopic masts in the military sector is driving the market. Military vehicles are equipped with small portable telescopic or pneumatic masts for …
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Shot Blasting Machine Industry Is Anticipated To Grow At A 5% CAGR-FMI
As per a recent market survey by Future Market Insights, sales in the global shot blasting machine market are expected to increase at a healthy 5% CAGR, reaching a valuation of US$ 1.8 Bn in 2031. Shot blasting machines play a vital role in the metal industry. With increasing demand from industries such as aerospace and automotive, sales will rise across …
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Europe Water Pumps Market Will Expand At A CAGR Of More Than 3.6 Percent
The market for water pumps in Europe is predicted to grow annually (YoY) by 3.8% to reach $8 Bn in 2021. According to the study, between 2021 and 2031, the demand for water pumps in Europe will grow at a 3.6% CAGR. Axial and mixed flow water pump sales will increase by over 4.3% CAGR in the …
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Traction Motors Market Is Expected To See a growth of 13% | Future Market Insights
Global sales of traction motors reached around 11.7 Billion in 2022. The overall demand is projected to increase at a CAGR of 13.0% between 2022 and 2032, surpassing valuation of 30.0 Billion by 2032. Growth registered in the traction motors market is attributable to the increasing demand for high performance motors from diverse industries such as automotive and electric & electronics. Additionally, the …
Europe Wood Pellet Heating Systems Market Is Anticipated To Progress At A CAGR Of 3.6% By 2029- FMI
The European wood pellet heating systems market was valued at US$ 5.33 billion in 2022 and is expected to grow at a CAGR of 3.6 percent between 2022 and 2029. This expansion is primarily driven by rising demand for wood pellet heating systems in the commercial, residential, and industrial sectors. Wood pellets, particularly in Europe, have emerged …
Global Market for Water Treatment System Demand Is Projected To Value Around US$ 112 Bn In 2030-FMI
The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. Growth in the global water treatment market is expected to be driven by increased demand for potable water, changing government …
Demand In The Global Industrial Robot Controller Market Are Projected To Accelerate At A CAGR Of 8.9%- FMI
As per Future Market Insights (FMI), the demand in the global industrial robot controller market is projected to surge at a robust CAGR of 8.9% during the forecast period 2022-2029. As in line with the findings of the document, the global commercial robot controller market is anticipated to peer significant boom over the forecast length, set in movement by means of …
By 2029, Carbon Brush Demand Is Anticipated To Be Worth US$3.6 Billion
As per the report, the worldwide carbon brush market Demand is projected to look at exceptional growth throughout the forecast period, as a result of the aspects comparable to rising demand from industrial applications, automotive, and electrical hand tools. The global carbon brush market is expected to exceed US$ 2.7 billion in 2022. The market is expected to reach US$ …
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