The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. FMI has forecasted the conveyor system market to reach US$13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and the integration of machine learning and the internet of things in material handling solutions. The mining industry’s demand for conveyor …
Monthly Archives: January 2023
Gasoline Generator Market : Global Analysis, Size, Share, Growth, Trends & Forecast 2022 to 2029
The global Gasoline Generator Market is estimated to surpass a valuation of US$ 768.8 Mn in 2022. A new market research report by Future Market Insights on the Gasoline Generator Market includes global industry analysis 2014 – 2021 and opportunity assessment 2022 – 2029. The report inspects into the gasoline generator market and provides critical insights for the forecast period of …
Truck Mounted Cranes Market 2022 Development Status, Competition Analysis, Type & Application by 2032
The global truck mounted cranes market is expected to reach US$ 2,420.0 Mn in 2022, growing at a CAGR of 4.5% from 2022 to 2032, according to Future Market Insights. It is likely to be valued at US$ 3,769.7 Mn in 2032. Truck mounted cranes play a crucial role in the building, infrastructure, mining, and automotive sectors. Demand for novel equipment in the …
Industrial Solar Water Heaters Market Outlook, New Business Opportunity & Demand Analysis during Forecast 2022 to 2032
The global industrial solar water heaters market is anticipated to reach a valuation of US$ 1,138.9 Mn in 2032, with the market growing at an average CAGR of 3.7% over the forecast period of 2022 to 2032. Climbing up from a value of US$ 763.69 Mn in 2021, the target market is expected to reach an estimated US$ 791.8 Mn by the …
Lead Acid Battery Market Development Trends, Competitive Analysis & Key Manufacturers Report 2022 to 2032
The demand for AGM batteries is expected to increase at a high pace, exhibiting a 6.2% CAGR in 2021 The lead acid battery market valuation is expected to reach US$ 54.3 Billion in 2022. Future Market Insights (FMI) analysis has forecast the lead acid battery sales to increase at 5.2% CAGR between 2022and 2032. According to the study, the overall lead acid battery …
Asphalt Mixing Plants Market Analysis, Segments, Leading Player, Application & Forecast 2022 to 2032
The global asphalt mixing plants market is anticipated to garner US$ 8.5 Billion while expanding at a CAGR of 2.4% during the forecast period. The market is estimated at US$ 6.5 Billion in 2021 and US$ 6.66 Billion in 2022. The increasing road construction activities coupled with growing infrastructural development in countries are likely to propel industry growth. Increasing asphalt production across the …
ASEAN Safety Sensors and Switches Market Expectations & Growth Trends Highlighted from 2022 to 2028
The safety sensors and switches market in ASEAN countries is estimated to be worth around US$ 891 Mn in 2022. With rising adoption of ASEAN safety sensors and switches for minimizing the personal and institutional damage, the overall market is anticipated to grow at an impressive CAGR of 10.2% between 2022 and 2028, reaching a valuation of US$ 1.59 Bn by 2028. Almost …
Vapour Recovery Units Market Research, Segmentation, Key Players Analysis & Forecast 2022 to 2028
The market for vapour recovery units was worth US$ 805.1 million in 2013 and is anticipated to be worth US$ 1,202.0 million in 2022. It is anticipated that the market for vapour recovery units will expand at a 5.6% CAGR during the forecast period (2022-2028). The oil and gas industry is seeing an increase in demand for vapour recovery units because of …
India Electrical Testing Services Market Development Status, Competition Analysis, Type & Application 2022 to 2032
The global India electrical testing services market is expected to be worth USD 192.45 million by 2022, growing at a CAGR of 4.4% between 2022 and 2032. By 2032, the electrical testing service market is expected to be worth US$ 296.02 million. Because of the widespread availability of dependable and affordable electrical power, modern industry …
Industrial Power Monitoring System Market Current and Future Trends, Leading Players, Segments & Regional Forecast 2022 to 2032
The global industrial power monitoring system market is projected to reach a value of US$ 6,534.7 Mn in 2032 while exhibiting a steady CAGR of 4.2% over the forecast period of 2022 to 2032. Driven by a growing emphasis on efficient use of power resources, the industrial power monitoring system market is expected to reach US$ 4,318.6 Mn by the end of 2022. …