The trend toward homemade and artisanal products has sparked a delightful surge in the utilization of ice cream processing equipment. Crafting the perfect ice cream cone is just one facet of their prowess. These adaptable machines now stand at the forefront of processing a diverse array of culinary delights, including yogurts, sorbets, and other frozen …
Monthly Archives: November 2023
Global Large Scale Bearings Market Predicted to Cross US$ 760.3 Million by 2033, with a Decent Growth with 8.0% CAGR | FMI
The driving force behind large scale bearings market’s upward trajectory is the surge in industrialization and automation that’s sweeping through various sectors like a technological tidal wave. Companies, both large and small, are embracing automation and mechanization in a bid to enhance efficiency, productivity, and overall performance. As they embark on this journey towards greater …
Global Helical Submerged Arc Welded (HSAW) Pipes Market Predicted to Surpass US$ 7.8 Billion Valuation by 2033 with a Steady 3.3% CAGR
Helical submerged arc welded pipes, often referred to as Large Diameter Pipes (LDPs), are the unsung heroes of this sector. They play an instrumental role in the seamless transportation of vital resources, including natural gas and oil. These pipes serve as the lifelines, facilitating the movement of fluids from remote production and refining sites to …
Africa Zero Liquid Discharge System Market Expected to Surpass US$ 53.1 Million Valuation by 2033 with an Average 5.6% CAGR | FMI
The Africa zero liquid discharge system market is anticipated to reach a substantial US$ 53.1 million by 2033, showcasing an impressive Compound Annual Growth Rate (CAGR) of 5.6% from 2023 to 2033. The journey begins with an estimated US$ 30.8 million in 2023. One of the pivotal factors propelling the widespread adoption of ZLD systems over conventional …
Electric Resistance Welded (ERW) Pipes and Tubes Market Forecasted to Reach Valuation of US$ 119.4 Million by 2033 with an Average 5.2% CAGR
One of the primary driving forces behind electric resistance welded (ERW) pipes and tubes market surge is the worldwide surge in infrastructural development projects. Ambitious initiatives are taking shape in various corners of the globe, from towering skyscrapers to expansive oil and gas pipelines. These undertakings fuel the demand for ERW pipes due to their …
Welding Fume Extraction Equipment Market Projected to Reach US$ 7.4 Billion Valuation by 2033, Growing with an Average CAGR of 5.5%
The surge in demand for welding fume extraction equipment can be attributed to its indispensable role across a diverse array of industries. From aerospace and automotive to construction and manufacturing, the need for effective fume extraction solutions is witnessing exponential growth. These dynamic and constantly evolving industries are expanding their horizons, driving the requirement for …
Global Copper Pipes and Tubes Market to Witness a Steady 3.2% CAGR, Projected to Surpass US$ 48.8 Billion by 2033 | FMI
In the dynamic realm of industrial materials, the copper pipes and tubes market is gearing up for a remarkable trajectory. A comprehensive analysis conducted by FMI reveals a substantial Compound Annual Growth Rate (CAGR) of 3.2% during the projected period, with the market’s value poised to reach an impressive US$ 48.8 billion by the year 2033. This …
Unveiling Evolution and Opportunities: Empowering the Future in the Power Quality Equipment Market
The power quality equipment market is expected to be valued at US$ 38.04 Billion in 2023 and US$ 69.65 Billion by 2033. Sales of power-quality equipment are anticipated to increase at a CAGR of 6.25% during the forecast period. An increase in demand for continuous power supply to equipment used in process and manufacturing industries is a …
North America Spearheads Electrolyzer Market’s Growth [2022 to 2032], Setting the Pace
During the projection period, it is predicted that the electrolyzer market will maintain a steady CAGR of 32.21%. By 2033, the market is expected to be worth US$ 159.74 billion, up from US$ 9.79 billion in 2023, according to FMI. The market share of electrolyzers is expected to grow due to the increased development of innovative power …
Exclusive FMI Insights: Bitumen Sprayer Market Sustaining a Steady 4% CAGR Path Until 2032
The global bitumen sprayer market size is expected to grow from US$ 878.7 Million in 2022 to US$ 1,306.4 Million by 2032. Overall sales of bitumen sprayers are projected to surge at over 4.0% CAGR from 2022 to 2032. Rising investments in developing and expanding road infrastructure worldwide and growing adoption of advanced road construction machines with lower emissions are some of the …