The Ammeters Market reached a valuation of US$ 9.76 Bn in 2022 & expected to reach US$ 20.34 Bn in 2032, at a 8.5% CAGR. An Ammeter is a device which is used to measure the current in the circuit. Ammeters are used to take readings of the flowing currents in the circuit, in addition …
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Dynamic Positioning System Market Is Expected To Reach US$ 10.3 Billion By 2032| FMI
The global dynamic positioning system market is anticipated to reach US$ 10.3 billion by 2032, growing at a CAGR of 11.6 percent during the forecast period. In 2022, the market is expected to be worth $8.2 billion USD. The rapidly expanding cargo shipping industry and rising seaborne trade are expected to fuel demand for dynamic positioning systems in the …
Membrane Air Dryers Market Would Grow at a CAGR of 6.5 Percent,Over the forecast period 2022-2032 : FMI
The global membrane air dryers market is expected to exceed $1 billion by the end of 2032. Sales of membrane air dryers are estimated to exceed $730 million by 2022, growing at a CAGR of 6.5 percent between 2022 and 2032. The increasing use of membrane air dryers in pneumatic brakes for automobiles and trains is fueling market expansion. Membrane air …
Marine Cranes Market is forecasted to be appraised at US$ 7945.2 million by 2032 | FMI
The global marine cranes market is expected to be worth US$ 7945.2 million by 2032, up from US$ 3868.2 million in 2022, with a CAGR of 7.5 percent over the forecast period. Marine cranes are the rotating lifting and pedestal-mounted elevating machinery used to transport cargo or personnel for marine vessels, oil drilling platforms, navy ships and fishing vessels. Rapidly growing industrialization, mainly …
Power Stacker Market are Projected to Increase at 5.5% CAGR Between 2022 and 2032: FMI
Between 2022 and 2032, the power stacker market is expected to grow at a CAGR of 5.5 percent. The market is expected to grow due to the increasing use of power stackers in distribution units, general material handling, and warehousing. According to the study, the power stacker market would be worth more than $2 billion …
Hydrogen Electrolyzer Pushing the market size to US$ 3.7 Bn by 2032: FMI
In 2021, the global hydrogen electrolyzer market was valued at $350.6 million USD. Over the projection period, sales are expected to expand at a CAGR of 24.2 percent, bringing the market size to US$ 3.7 billion by 2032. It is a device that utilizes electricity to break water into oxygen and hydrogen in a process known as electrolysis. It comprises …
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SCC tester Market to Record a CAGR of 5%-6% during the forecast period of 2022-2032
The SCC Tester Market is anticipated to increase at a high CAGR of 5%-6% (2022-2032). An SCC tester is fundamentally known as a slump cone concrete tester. An SCC tester is used for determining the workability and consistency of fresh concrete. One of its important functions is also to determine the water/cement ratio of a …
Warehouse Robotics Market Growing at an Impressive 13% CAGR Over the Forecast Period: FMI
The global warehouse robotics market is expected to exceed $5 billion by 2022, rising at a 13 percent CAGR throughout the forecast period. The market is likely to be driven by the growing trend of industrialization and the implementation of Industry 4.0. Against this environment, the market valuation is expected to exceed US$ 9.5 billion by 2032. …
Leak Testing Market Forecast To Grow At A CAGR Of 4.8% To Be Valued At US$ 13.0 Bn From 2022 To 2032
The leak testing market is expected to grow at a CAGR of 4.8% to reach US$ 13.0 Bn by the end of 2032. Rising industrial activities across developing and developed nations is estimated to drive the growth in the leak testing market over the forecast period. Technological innovations have led to the development of advanced …
Low Voltage Motor Market is expected to be worth $75 billion between 2022 and 2032, according to FMI
Global demand for low voltage motors is expected to be worth US$ 39.1 billion in 2022, rising at a CAGR of 6.7 percent to US$ 75 billion by 2032. Extensive industrialization in a range of areas, as well as the ability to reduce the likelihood of equipment failure, will create excellent opportunities for growth in the low-voltage motors business. The low voltage …