The Vertical Turbine Pumps market had a market value of US$ 25 billion in 2022 and is expected to have a market value of US$ 40.72 billion in 2032, with a CAGR of 5% from 2022 to 2032. Rapid urbanisation and rising demand for wastewater treatment are driving market growth. Vertical turbine pumps are classified as a …
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Paper Moisture Meter Market Is Expected To Be Valued At US$ 5.2 Billion By 2032, FMI
In 2022, the global paper moisture metre market is expected to be worth US$ 2.1 billion. It is expected to be worth US$ 5.2 billion and to grow at an 8.1 % CAGR from 2022 to 2032. The pressing need to detect optimal drying times and identify moisture streaks during the paper manufacturing process is expected to drive sales of …
Global Military Vehicles And Aircraft Simulations Market Is Anticipated To Be Valued At US$ 5.9 Billion In 2022
It is also used in computer experiments to study simulation models. Military vehicles and aircraft simulation have now become critically important due to high safety and security reasons in every part of the world. However, simulation of technology is used in many contexts such as safety engineering, education, training, testing, performance optimization, video games and others. The …
Traction Motors Market Is Projected To Increase At A CAGR Of 13.0% During 2022 And 2032
Global sales of traction motors reached around 11.7 Billion in 2022. The overall demand is projected to increase at a CAGR of 13.0% between 2022 and 2032, surpassing valuation of 30.0 Billion by 2032. Growth registered in the traction motors market is attributable to the increasing demand for high performance motors from diverse industries such as automotive and electric & electronics. Additionally, the …
Global Water Desalination Equipment Market Is Projected To Surpass A Valuation Of US$ 13 Bn By 2022
The global Water desalination equipment are industrial devices used to purify brackish water seawater, or any other sources of water. The technology of desalination helps separate salts and minerals from different water sources such as industrial feed, wastewater, wells, and others, thereby converting them to potable water or freshwater. The global water desalination equipment market is expected …
Sales Of Screw Compressors In The U.S. Will Grow At A 2.9% CAGR Through 2032, FMI
Global sales of screw compressors are set to be valued at over US$ 14.8 Bn in 2022, with demand increasing at a 3.5% CAGR over the assessment period. According to Future Market Insights, increasing use of screw compressors in the oil and gas, energy and transmission, and automotive and aerospace industries is the primary driver of the …
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Demand For Painting Robots In China Will Grow By 7.3% CAGR By End 2031
Dedicated supply chains, design services, and research and development organizations have seamlessly worked over the years to provide optimum solutions to end-users. The painting robots market will register increasing growth as a result of high demand from various industries including HVAC, furniture, sanitary ware, textiles and heavy engineering equipment. The provision of a consistent categorization of the …
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India Will Continue Experiencing High Demand For Magnetic Drive Pumps, Capturing 31.8% Of The South Asia Pacific Market Share
The global magnetic drive pump sales are projected to top US$ 807.9 Mn in 2021, as per ESOMAR-certified research and consulting firm Future Market Insights (FMI). With steady growth outlook, the market is poised to register CAGR at nearly 5.3% during 2021-2031. The outbreak of COVID-19 reduced demand for global magnetic drive pumps in 2020. With the …
Industrial Air Compressor Market Rising Demand For Power Generation Will Push Growth In Japan And China
Increased investments in mechanical equipment will pave the way for the industrial air compressor market to expand in the coming years. According to a Future Market Insights (FMI) analysis, the industrial air compressor market is expected to be worth US$ 26.7 billion in 2021. Manufacturers of industrial air compressors are focusing on the development of digitally controlled …
Global Mini Crane Market Is Expected To Grow At A CAGR Of 6.0 % By 2031, Future Market Insights Inc.
Mini cranes are used to lift materials in plants and factories where larger cranes are not permitted. Mini cranes are thought to be ideal for transporting materials during the construction of a home. It is their specialty to navigate courtyards and easily access cliff edges, which larger cranes cannot do. According to a study conducted by future …