In 2032, the industrial air filtration market share is likely to expand at a steady CAGR of 6.2%, reaching US$ 45.2 Billion in 2027 from US$ 6 Billion in 2021, according to a new analysis from FMI. Increasing demand for energy-efficient filtering technology has an impact on the adoption of industrial air filtration market. By 2027, the …
Monthly Archives: October 2022
Adoption of Benelux Power Tools Market Is Slated To Grow At 4.5% CAGR Between 2022 And 2032
The Benelux power tools market size reached US$ 1,051.6 Mn in 2021 and is likely to touch a valuation of US$ 1,091.4 Mn in 2022. Furthermore, with growing adoption of power tools across industrial and residential sectors, the overall demand is slated to grow at 4.5% CAGR between 2022 and 2032, totaling a valuation of US$ 1,694.9 Mn by 2032. Over the forecast period, it …
Industrial Safety Footwear Market : Notable Developments & Geographical Outlook 2022 to 2032
Furthermore, over the projection period, exceptional training programs in conjunction with new severe safety regulations will improve the safety equipment device. 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. Rapid industrialization, combined with …
Stacker Crane Market Is Anticipated To Nearly Double By 2032, According To Future Market Insights
The size of the global stacker crane market was valued at US$ 976 million in 2021 and is anticipated to reach US$ 1 billion in 2022. In addition, because of the rapid growth of end-use industries and the rising popularity of automated stacker cranes, it is anticipated that global sales of stacker cranes will increase at a …
Machine Control System Market 2022 Key Players, End User, Demand and Consumption by 2032
In 2021, the demand for machine control systems was valued at US$ 4 billion, and it is predicted to increase at an annual pace of 8% over the forecast period. As per machine control system market analysis, the growing demand for precision in heavy machinery control and navigation is projected to fuel market expansion. The global machine control system …
Wear Plates Market Research Report – Forecast till 2031
The global wear plate market is expected to register year-on-year growth of 5.1% in 2021, reaching US$ 6.9 Bn by the end of 2021. Wear plates are used in a variety of end-use sectors to assure the long-term safety of the equipment. It also saves money on maintenance as it lasts longer than any other steel. Wear-resistant steel plates reduces the weight …
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Magnetic Drive Pump Market | Present Scenario and Growth Prospects 2031
According to a new analysis from Future Market Insights (FMI), the magnetic drive pump market is expected to grow at a 4.4 percent year-on-year (YoY) rate of 822,539 units in 2021. According to FMI, sales of centrifugal pumps increased by 4.2 percent to 430,000 units, while positive displacement pump sales increased by 4.5 percent to 390,000 units. …
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Glass Reactors Market Development Status, Competition Analysis, Type and Application 2031
As per newly released data by Future Market Insights (FMI), the glass reactor market is expected to register year-on-year (YoY) growth of 4.6% in 2021, registering sales of 400 thousand units. The single jacketed glass reactors segment will grow 4.3% in 2021 to reach 286 thousand units, while the double jacketed glass reactors segment demand …
Industrial Air Compressor Market 2022 | Scope of Current and Future Industry 2032
A large synchronous motor (power greater than 25 MW) has a rotor that typically rotates at the same rate as the machine’s rotating field. The market for large synchronous motors has experienced rapid growth in recent years. The increased use of large synchronous motors in water treatment projects and various industries around the world is expected to …
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Food Flavors Market Study on Key Production and Statistics with Import and Export Insights-2032
According to the recent FMI report, the sales for food flavors are expected to surpass a value of USD 16.6 Bn in 2032, rising at a CAGR of around 6.2% through the end of 2032. Processed foods require more flavoring ingredients in their processing, which will boost the industry’s prospects. In order to improve the overall taste profile of the food, changing consumer …