The surge arrester market is estimated to expand at a CAGR of 5% over the forecast period, reaching US$ 2.6 Bn by 2032. Improvements in the electrical line infrastructure in developing nations is expected to remain a key growth driver for the surge arrester market during the forecast period. Rise in the electricity demand across the globe, …
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Demand For Telescopic Masts Is Expected To Increase At A 4.9% CAGR During 2022 to 2032: Exclusive Report by Future Market Insights
Global sales in the telescopic masts market are projected to be valued at over US$ 374.0.8 Mn in 2022, expanding at a 4.9% CAGR over the forecast period. North America is anticipated to hold a dominant share in the market due to increasing investments in the military sector, followed by Europe. North America and Europe are projected to …
Innovative Applications of Sodium Caseinate Market in the Food and Beverage, Pharmaceuticals, and Cosmetics Industry
According to the latest research from Future Market Insights (FMI), the worldwide sales of sodium caseinate market will increase ~5% year-over-year to reach ~270 thousand tons in 2022, up from ~258 thousand tons in 2021. FMI analysts forecast the sodium caseinate market to grow at a value CAGR of ~4.6% through to 2029, driven by greater demand for …
Painting Robots Market Size To Reach US$ 7.65 Billion in 2031| New Opportunities Planning By Future Market Insights
The global painting robots market is expected to reach a valuation of US$ 7.65 Bn in 2031, with sales growing at a stellar CAGR of 10% from 2021 to 2031. Valued at US$ 2.7 Bn in 2020, the target market is driven by swift expansion of the automobile, aerospace, consumer goods, and electronics sector. Increasing application by the construction industry will bolster …
From 2022 To 2032, Industrial Air Compressor Sales Are Expected To Flourish At A CAGR Of 3.8% | Exclusive Report by Future Market Insights
The global industrial air compressor market is expected to be valued at US$ 33.3Billion in 2022. Since their initial introduction, air compressors have become incredibly popular, and this trend is predicted to continue. With the increasing use in end-use industries the demand for industrial air compressors is projected to grow at a CAGR of 3.8% between 2022 and 2032, totaling …
Elevator And Escalator Market Is Anticipated To Be Appraised At US$ 232,656.1 Million By 2032: Future Market Insights, Inc.
The elevator and escalator market are focusing on cutting-edge technologies to make their products safer and eco-friendly, finds Future Market Insights (FMI) in a recent study. The market is projected to increase at a CAGR of 5.3% and attain a valuation of US$ 232,656.1 Million by 2032. Some of the leading companies are incorporating IoT technologies in connected elevators and …
Global America’s Steel Pipes Market Is Set To Record A Market Value Of US$ 35.3 Million In 2033
According to estimates, America’s steel pipes sales are likely to reach US$ 24.8 million in 2023. In a detailed industry analysis, global America’s steel pipes market is projected to expand at a CAGR of 3.6% and reach US$ 35.3 million by 2033. It has become increasingly significant that steel pipes are used for water supply, sewage, automotive, and oil and gas …
Sales Of Submersible Pumps Are Expected To Increase At 5.2% CAGR Between 2023 And 2033
Increasing from US$ 11.68 billion in 2023, FMI predicts that the global submersible pump market could reach US$ 19.39 billion by 2033. Between 2023 and 2033, submersible pump sales are expected to register a 5.2% CAGR. The key drivers of the expansion of the submersible pump market worldwide are the population boom of the globe and the rise in residential …
Condition Monitoring System Market Is Forecast To Expand At A 7.7% CAGR And Reach A Value Of US$ 7,928.7 Million By 2033
The condition monitoring system market is predicted to be worth US$ 3,776.1 million in 2023, and rise to US$ 7,928.7 million by 2033. Initially, the global market was expanding at a CAGR of 4.1% during 2018 to 2022. Smart factories have increased in popularity, leading to a rise in automation, which has consequently projected growth in condition …
EUV Lithography Market Is Projected To Register 21.5% CAGR Between 2022 And 2029: Future Market Insights, Inc.
EUV lithography market is estimated for a staggering CAGR of 21.5% during the forecast period of 2022-2029. Miniaturization of integrated circuits and microchips elevated wafer production, and consistent growth of the semiconductors industry is anticipated to propel the adoption of EUV lithography into chip manufacturing across the globe. Currently, many IDMs and foundries are cautious in the adoption of …