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. The study primarily credits rising poultry meat consumption with the market for poultry-keeping equipment’s promising future. The study found that areas like Latin …
Monthly Archives: December 2022
Rising Adoption of Automation Across Oil & Gas Companies Fueling Oil & Gas Terminal Automation Market Growth in the U.S
Rising demand for energy across the globe along with increasing investments in terminal automation solutions is expected to provide a strong thrust to the growth of the oil & gas terminal automation market during the forecast period. The global oil & gas terminal automation market size was valued at US$ 1258.0 Mn in 2021 and is likely to surpass …
Growth Outlook Of The Industrial Linear Accelerator Market Is Predicted To Advance At A CAGR Of 6.3% From 2022-To 2032
The global industrial linear accelerator market is expected to exhibit a robust growth of around 6.3% CAGR over the projection period from 2022 to 2032. The global market is expected to reach US$ 2,979.8 Million in 2022 and is likely to be valued at US$ 5,486.4 Million by 2032. According to the historical evaluation of the market, …
Throughout The Forecast Period, The U.S. Is Expected To Continue To Be One Of The Most Lucrative Downhole Tractor Markets.
The global downhole tractor market is anticipated to continue to be significantly shaped by the development of integrated well intervention technologies like production logging and pipe inspection and cleaning. According to a recent study by Future Market Insights, the global downhole tractor market is anticipated to reach US$ 312.9 million in 2021, growing at a CAGR of 4.9% from 2021 …
Growing Emphasis on Workplace Safety Boost the Condition Monitoring Service Market
The global condition monitoring service market is anticipated to surpass US$ 3.52 Bn by the end of 2022. Condition monitoring is known as the practice of examining and monitoring the state of equipment and machines to detect changes and variations that may signal the development of a malfunction. The demand for condition monitoring services is estimated to …
Sales Of Gas Detection Equipment Are Projected To Total A Market Valuation Of US$ 7,288.1 Mn By The End Of 2032
According to Future Market Insights, the global gas detection equipment market is expected to grow from US$ 4,321.3 Mn in 2022 to US$ 7,288.1 Mn by 2032, with overall sales exhibiting a CAGR of 5.4% CAGR from 2022 to 2032. Rapid growth of industries like oil & gas and mining across the world along with a growing focus towards enhancing worker safety …
Market For Automated Parcel Delivery Terminals In Australia Is Expected To Grow At A CAGR Of 15.3% With A Market Size Of US$ 218.4 Million In 2032
According to a market study, the global market for automated parcel delivery terminals is expected to reach US$ 639.9 million in 2021 and US$ 2.0 billion in 2032, growing at a compound annual growth rate of 10.9% from US$ 720 million in 2022. It is anticipated that e-commerce and internet usage will grow faster than the market’s adoption of automated …
Facility Management Services Market In Asia Pacific Region Is Predicted To Grow At A CAGR Of 15% Through 2032,
The facility management services market is anticipated to grow from US$ 42.2 billion in 2021 to US$ 76.3 billion in 2026, with a CAGR of 12.6% during the forecast period. The demand for cloud-based facility management solutions and a rise in the demand for facility management systems integrated with intelligent software are two factors that are likely to accelerate the …
Industrial Air Filtration Market Is Expected To Grow At A 6.2% CAGR From 2022 To 2032 – FMI
The industrial air filtration market is anticipated to exceed a valuation of US$ 45.2 Bn by 2027 from US$ 33.5 Bn in 2022, expanding at a rate of 6.2% CAGR during the forecast period. The increasing market for energy-efficient filtering technology has an effect on the adoption of the industrial air filtration market. Governments and regulatory institutions have adopted tough industry requirements to …
Market For Hazardous Area Equipment Will Grow At A CAGR Of 5.2% From 2022 To 2032 – FMI
In 2021, the market for hazardous area equipment was estimated to be worth US$ 8.84 billion. By 2032, it is anticipated to be worth US$ 15.43 billion, growing at a CAGR of 5.2 percent. Factors such as the growing importance of emerging economies result in the rise of a variety of industries that rely heavily on hazardous area equipment, which frequently …