The global membrane air dryers market is on track for remarkable expansion, with a projected valuation surpassing USD 1,200 million by 2032. This trajectory commences with expected sales exceeding USD 730 million by 2022, laying a solid foundation for extraordinary growth marked by an impressive Compound Annual Growth Rate (CAGR) of 6.5% over the decade spanning from …
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FMI Study Indicates Global Marine Cranes Market Share to Surpass USD 7,945.2 Million by 2032, Driving 7.5% CAGR Growth
FMI’s forecast indicates a robust trajectory for the global marine cranes market, with an anticipated surge to a valuation exceeding USD 7,945.2 million by 2032, marking a substantial increase from its 2022 figure of USD 3,868.2 million. This remarkable growth is driven by a projected Compound Annual Growth Rate (CAGR) of 7.5% over the forecast period. …
FMI Analysis Indicates Global Power Stacker Market Size Anticipated to Hit USD 3.3 Billion by 2032, Surging at 5.5% CAGR
The projection by FMI indicates a promising surge in the global power stacker market, with an anticipated compound annual growth rate (CAGR) of 5.5% from 2022 to 2032. The industry is projected to surpass USD 3.3 billion market valuation by 2032. This forecast underscores the pivotal role that power stackers are poised to assume in the …
FMI Report Affirms Global Warehouse Robotics Market Size to Hit USD 5,609.75 Million Mark by 2034, Driving 13.8% CAGR Growth
The warehouse robotics market is poised for significant expansion, projected to surge from USD 1,540.57 million in 2024 to a milestone of USD 5,609.75 million by 2034. Over the decade from 2024 to 2034, this sector is expected to experience a notable Compound Annual Growth Rate (CAGR) of 13.8%. The driving force behind this growth is the …
Global Low Voltage Motor Market Valuation to Surge Beyond USD 75 Billion Mark by 2032, Surging at an Average 6.7% CAGR
The low voltage motor market is poised for significant expansion, with projections from FMI indicating a notable Compound Annual Growth Rate (CAGR) of 6.7%, aiming for a substantial market value of USD 75 billion by 2032. These energy-efficient advancements, surpassing conventional motors by 2% to 8% in efficiency, not only promise substantial cost savings but also play …
FMI Study Indicates Global Marine Base Steering Gear Market Size Projected to Grow at an Average CAGR of 5% by 2032
The global marine base steering gear market, valued at approximately USD 1.6 billion in 2020, is set for sustained expansion. Projections indicate a Compound Annual Growth Rate (CAGR) of 5% from 2022 to 2032, propelled by the robust growth of the global maritime sector. The historical significance of marine base steering gears, with roots dating back …
Global Wedge Wire Screen Market Revenue to Drive Past USD 1.05 Billion Milestone by 2032, Growing Steadily at 4% CAGR
The global wedge wire screen market is on a robust upward trajectory, having achieved a valuation of USD 0.71 billion in 2022. Positioned as a leader in meeting the dynamic needs of various industries, this market is poised for further growth. With a projected Compound Annual Growth Rate (CAGR) of 4% from 2022 to 2032, the wedge …
Global ESD Safe Matting Market to Reach USD 186.8 Million by 2034, Driven by 4.7% CAGR | Future Market Insights, Inc.
According to a Future Market Insights (FMI), the global ESD safe matting market size is anticipated to reach USD 186.8 Million by 2034. It is set to attain a value of about USD 118 Million in 2024. The market is estimated to exhibit a CAGR of 4.7% in the forecast period 2024 to 2034. Technological advancements and the increasing use of automation in …
Global Vertical Turbine Pumps Market Anticipated to Drive Past USD 44.9 Billion by 2034, Growing at 5% CAGR | FMI Analysis
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 Report Indicates Global Paper Moisture Meter Market Share to Cross USD 5.2 Billion by 2032, Growing at 8.1% CAGR
The global paper moisture meter market, estimated at USD 2.1 billion in 2022, is poised for substantial growth in the coming decade. Projections indicate an impressive upswing to a market value of USD 5.2 billion by 2032, anchored by a robust Compound Annual Growth Rate (CAGR) of 8.1% from 2022 to 2032. This notable expansion is …