The global industrial PC market has exhibited remarkable growth, achieving a commendable valuation of USD 5 billion in 2021. Projections for the period spanning from 2022 to 2032 forecast a robust Compound Annual Growth Rate (CAGR) of 6%, culminating in an anticipated valuation exceeding USD 9.4 billion. This upward trajectory is primarily driven by escalating demand across …
Monthly Archives: August 2024
FMI Study States Global Industrial Automation Market Share to Reach USD 81.4 Billion Valuation by 2033, Driven by 7.2% CAGR Growth
The global industrial automation market is poised for substantial growth, with projections indicating a valuation exceeding USD 81.4 billion by 2033, driven by a steadfast Compound Annual Growth Rate (CAGR) of 7.2%. Starting with an initial forecasted value of USD 40.6 billion in 2023, the market lays a strong foundation for ambitious expansion in the coming decade. …
FMI Analysis States Global Electrical Digital Twin Market Size Surging Towards USD 3,342.7 Million by 2033, Driving 11.9% CAGR Growth
As per a new market research report published by Future Market Insights, the global electrical digital twin market is anticipated to increase significantly, progressing from USD 1,085.9 million in 2023 to USD 3,342.7 million by 2033. Throughout this projected period, the market is expected to experience substantial growth with a strong CAGR of 11.9%. The increased acceptance of innovative technologies such as …
Global Refrigeration Coolers Market Size to Exceed USD 6,409.7 Million Mark by 2033, Surging at 5.6% CAGR Growth
The net valuation of the total sales of refrigeration coolers in 2022 reached USD 3,567.2 million. With a CAGR of 5.6%, the refrigeration coolers market may worth USD 6,409.7 million by 2033. The growing requirement for food and beverage, meat and poultry processing, and refrigerated warehouses is propelling the demand for refrigeration coolers. Demand for walk-in cooler refrigeration has increased due to changing lifestyles and rising urbanization. …
FMI Study States Global Binoculars and Mounting Solutions Market Size to Surge Past USD 11.4 Billion by 2032, Surging Steadily at 3.8% CAGR
The global binoculars and mounting solutions market was expected to attain USD 8.6 billion milestone in 2022. Between 2022 and 2032, it is anticipated to grow at a CAGR of 3.8% and surpass USD 11.4 billion. The demand for binoculars and mounting solutions is anticipated to increase in the near future due to the rising standard of living …
FMI Projection Affirms Global Food Tester Market Size Anticipated to Reach USD 42.81 Billion by 2032, Driven by 8% CAGR
The global food tester market is poised for significant growth, with a projected annual growth rate of 8% reaching a market value of USD 42.81 billion by 2032. The market is driven by various factors, including technological advancements, industry consolidations, and increasing demand for food safety and quality. The food tester market is expected to witness robust …
FMI Report Projects Global Vertical Turbine Pumps Market Size Set to Exceed USD 44.9 Billion Mark by 2034, Growing Steadily at 5% CAGR
The global vertical turbine pumps market expected to attain valuation of USD 26.2 billion in 2024, is anticipated to experience remarkable growth in the coming decade. Projections suggest a significant surge, with an expected market value exceeding USD 44.9 billion by 2034, propelled by a robust Compound Annual Growth Rate (CAGR) of 5%. This impressive trajectory is …
FMI Analysis Predicts Global Leak Testing Market Valuation Anticipated to Surpass USD 13 Billion by 2032, Surging Steadily at 4.8% CAGR
The global leak testing market was valued at approximately USD 7.8 billion in 2021. Forecasts suggest that sales will experience a steady growth trajectory, expanding at a compound annual growth rate (CAGR) of 4.8%, with the market projected to reach USD 13 billion by 2032. Within the hardware category, the detectors segment is anticipated to represent over …
FMI Study States Global Weigh in Motion System Market Size Estimated to Reach USD 2.55 Billion by 2032, Expanding at 10.3% CAGR
The global weigh in motion system market is poised for significant expansion, projected to reach a substantial value of USD 2.55 Billion by 2032. With a robust CAGR of 10.3%, the market is anticipated to witness substantial growth over the forecast period. This growth trajectory reflects the increasing demand for efficient weighing solutions across various industries, including transportation, logistics, and …
Aesthetic Medical Device Market Expected to Reach USD 18.82 Billion by 2034 at a 3.20% of CAGR
The global aesthetic medical device market is set to experience steady growth, with a current valuation of USD 13.73 billion in 2024. According to recent projections, the market is expected to reach USD 18.82 billion by 2034, reflecting a compound annual growth rate (CAGR) of 3.20% over the forecast period. This growth is driven by …