The Vertical Turbine Pumps market had a market value of US$ 25 billion in 2022 and is expected to have a market value of US$ 40.72 billion in 2032, with a CAGR of 5% from 2022 to 2032. Rapid urbanisation and rising demand for wastewater treatment are driving the market growth. Vertical turbine pumps are classified as a type of centrifugal pump. …
Monthly Archives: December 2022
Strong CAGR Of 4.5% Is Anticipated For Market For EMC Shielding And Test Equipment
According to Future Market Insights (FMI), the EMC shielding and test equipment market is forecasted to reach a net worth of US$ 11 Bn in 2032 from US$ 7.1 Bn in 2022. It is estimated to register a robust CAGR of 4.5% over the forecast years. Due to the surge in the use of consumer communication devices, there has been a rise in …
Desiccant Wheel Market is projected to reach US$ 708.4 Mn by 2032: Future Market Insights, Inc
During the forecast period, the desiccant wheel market is anticipated to register a CAGR of 5.1 percent (2022 – 2032). The market for desiccant wheels is anticipated to be worth US$ 431.5 million in 2022 and US$ 708.4 million by 2032. As per the desiccant wheel market study, because of growing carbon dioxide levels and rising atmospheric temperatures, the general humidity content of the atmosphere has altered …
VRF Systems Demand Is Expected To Surge At A CAGR Of 6% During 2022-2032 – FMI
The market for VRF systems is anticipated to reach a value of US$ 16,610 Mn in 2022, and demand is projected to grow at a CAGR of 6% from 2022 to 2032. The market is projected to grow significantly by US$ 29,884 Mn by 2032. Some of the factors anticipated to propel the VRF systems market growth include rising energy costs, rising …
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Amyotrophic Lateral Sclerosis Market is expected to reach US$ 1332.22 Mn by 2033 | FMI Analyst
The global Amyotrophic Lateral Sclerosis market is estimated to generate a market value of US$ 743.90 Million in 2023 and a market value of US$ 1332.22 Million by achieving a CAGR of 6% between 2023 and 2033. Amyotrophic Lateral Sclerosis market growth can be attributable to an aging population, increased awareness of ALS, and an …
Market For Water Clarifiers Is Expected To Grow To US$11,854.3 Million By 2032 – FMI
The market Growth for water clarifiers generates revenue valued at US$ 6,980.2 Mn in 2022 and is anticipated to reach US$ 11,854.3 Mn by 2032, with an estimated CAGR of 5.4 percent in the global market during the forecast period. Due to their high structural strength, high volume-to-area ratio, ease of sludge removal, and ability to maintain heat levels, water clarifiers are expected to …
The Slitting Machine Market Can Reach A Value Of US$ 682 Million By 2032 – FMI
The size of the global slitting machine market, which was US$498 million in 2022, is expected to increase to US$682 million by 2032, with a CAGR of 3.2%. The industry for flexible packaging has gradually expanded as a result of the use of more environmentally friendly packaging materials. This results in fewer demands for things like efficient transportation, reducing food …
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Market For Spiral Freezers Will Be Worth US$6,089.1 Million By 2032 – FMI
Throughout the forecast period, the market for spiral freezers is anticipated to expand at a CAGR of 4.6 per cent and reach US$ 6,089.1 million by 2032. The market is anticipated to be worth US$3,884.2 million in 2022. The spiral freezer is being used more frequently because it enables consumers to quickly preserve food. Spiral freezers are recognised as adaptable device that is …
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Japan Will Account For 3% Of Global Market For Transformer Monitoring Systems – FMI
In 2022, the market for transformer monitoring systems is anticipated to be worth US$2,785.2 Mn. By the end of 2032, it is anticipated to have grown at a CAGR of 8.9%, placing a value of US$ 6,539.2 Mn. Recent years have seen an increase in electricity consumption due to rapid urbanisation and increased industrial activity. As the world moves toward smart …
Asia-Pacific Is Growing At Highest CAGR In The Automated Material Handling Market
The automated material handling systems market is predicted to increase at a CAGR of 9.4% from 2022 to 2027, rising from USD 28.8 billion in 2022 to USD 45.1 billion in 2027. Due to the commencement of COVID-19, the automated material industry is developing primarily due to increased demand for ASRS in the e-commerce industry. The material handling industry is expected to benefit from the growing trend …
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