The global cycling power meter market was anticipated at US$ 390.6 million in 2022. The sector is gaining pace as companies provide technologically improved cycling power meters with various integrated technologies. As of 2033, the market is expected to garner a valuation of US$ 647.4 million in 2033, recording a CAGR of 4.7% from 2023 to 2033. The market is likely …
Category Archives: Business
Modular Instruments Market Growth Drivers and Challenges: CAGR of 8.5% and US$ 4.2 Billion Forecasted by 2033
The Modular Instruments Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Modular Instruments market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Modular Instruments. It furnishes intricate revenue and shipment segmentations, …
Australia Concrete Pump Industry: CAGR of 6.0% and US$ 372.3 Million Expected by 2033
The Australia Concrete Pump Market is poised for significant growth driven by the increasing demand from the thriving construction industry. With its ability to deliver high accuracy and top-notch quality in concrete pouring, concrete pumps are becoming increasingly sought after. As construction projects continue to rise in scale and complexity, the demand for these efficient …
Power Quality Equipment Market Insights: Rising at a 5.4% CAGR by 2034, Projected Value of US$ 73.7 Billion
The global power quality equipment market is expected to reach USD 41.1 billion by 2024. It is expected to grow at a 6% CAGR throughout the assessment period, reaching a value of USD 73.7 billion by 2034. The sector is expected to increase at a rate of 5.4% year on year in 2024. One of …
Sealless Magnetic Drive Pumps Market Dynamics: CAGR of 6.4% and US$ 1252.3 Million Expected by 2033
In 2023, the global market for Sealless Magnetic Drive Pumps Market is expected to be worth more than US$ 674.6 million. The global market is expected to grow at a 6.4% CAGR from 2023 to 2033. Total market revenue is expected to exceed US$ 1252.3 million by 2033. The market is expanding due to rising demand …
Latin America Construction Equipment Market Analysis: Industry Rising to US$ 13,586.7 Million by 2032, With a 4.6% CAGR
According to Future Market Insights, the Latin America construction equipment market is expected to grow from US$ 8,676.6 Mn in 2022 to US$ 13,586.7 Mn by 2032, with overall sales exhibiting a CAGR of 4.6% throughout the forecast period. Rising investments by government in developing and expanding public infrastructure is a key factor expected to …
USA Scroll Compressor Market: CAGR of 4.9% and US$ 1,703.6 Million Projected by 2033
The USA Scroll Compressor Market is experiencing rapid expansion, primarily fueled by the surging demand for energy-efficient systems. As environmental consciousness continues to rise among consumers and businesses alike, the need for sustainable cooling and refrigeration solutions has become paramount. These factors collectively contribute to the significant growth in sales of scroll compressors as they …
Global Asphalt Pavers Market Set to Achieve a 4.4% CAGR, Projected to Exceed US$ 3,414.6 Million by 2032
The global asphalt pavers market was valued at US$ 2,135.0 million in 2021 and is expected to reach US$ 2,220.4 million in 2022. Furthermore, with increased government spending in creating and updating road infrastructure, overall sales of asphalt pavers are expected to grow at a CAGR of 4.4% between 2022 and 2032, achieving a total valuation of US$ 3,414.6 Million by …
Air Conditioning Compressor Market Value Anticipated to Reach USD 42,413.6 Million by 2032, With a 5.0% CAGR
The global air conditioning compressor industry is expected to be valued at USD 25,941.3 Million in 2022 and further grow at 5.0% CAGR between 2022 and 2032. Overall sales of air conditioning compressors are projected to total a valuation of USD 42,413.6 Million by 2032. Air conditioning compressor sales are increasing as the world’s infrastructure sector develops. The GDP of the entire world depends heavily …
Global Refrigeration Compressor Market Projected to Reach US$ 53,732.1 Million by 2032 with a Steady CAGR of 3.6%
The Refrigeration compressors find a large number of applications, such as in domestic refrigeration, commercial refrigeration, and refrigeration systems used in the transportation industry. The major use of a refrigeration compressor is in the process of food preservation. Various refrigeration compressors are available depending upon the type of application, such as in equipment cooling, and for …