The global explosion proof equipment market is forecast to experience a moderate growth of 3.4% CAGR over the estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 10,160.5 million in 2033, rising from USD 7,520.18 million in 2023. Explosion proof equipment is the most requested equipment by industrial facilities to lower …
Category Archives: Business
FMI Analysis Indicates Global Steel Pipe Market to Hit USD 143.50 Billion Valuation by 2033, Driving a Steady Growth of 3.9% CAGR
Future Market Insights forecasts significant growth in the global steel pipe market, projecting a valuation of USD 143.50 billion by 2033, sustaining a consistent Compound Annual Growth Rate (CAGR) of 3.9%. This projection builds upon the industry’s momentum, with an anticipated valuation of USD 97.88 billion in 2023. The study highlights the resilience and indispensable role of …
Phototherapy Lamps Market to Exceed USD 6,551.8 Million by 2033 with a 6.8% CAGR
The global phototherapy lamps market is expected to more than double in size over the next decade, growing from USD 3,381.4 million in 2023 to surpass a valuation of USD 6,551.8 million by 2033. Expanding at a compound annual growth rate (CAGR) of 6.8%, this growth highlights the increasing adoption of phototherapy lamps in medical …
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Disposable Protective Apparel Market Anticipated to Grow at 4.1% CAGR and Reach US$ 3,475.9 Million by 2033
Rising Demand and Infection Control Drive the Market’s Growth Future Market Insights, an ESCOMAR certified market research and consulting firm, projects a steady growth trajectory for the global disposable protective apparel market. According to their latest study, the market is poised to expand at a Compound Annual Growth Rate (CAGR) of 4.1% during the forecast …
Global Soil Testing Market Value Anticipated to Cross USD 5.15 Billion Mark by 2033, Growing Steadily at 4.9% CAGR
The soil testing market is poised for significant expansion, with revenues forecasted to soar from USD 3.19 billion in 2023 to an impressive USD 5.15 billion by 2033. This upward trajectory is supported by a robust Compound Annual Growth Rate (CAGR) of 4.9% over the span of a decade. The escalating demand for soil testing originates from its …
FMI Prediction Affirms Global Charge Controller System Market Share to Exceed USD 7.4 Billion Milestone by 2033, Surging at 5.5% CAGR
According to a Future Market Insights (FMI) report, the charge controller system market is anticipated to secure a CAGR of 5.5% during the forecast period. The market is estimated to capture a valuation of USD 4.6 Billion in 2023 and reach USD 7.4 Billion by 2033. The surge in demand for charge controller systems can be attributed to their pivotal role in safeguarding …
FMI Study States Global Currency Counting Machines Market Revenue Anticipated to Surpass USD 373.4 Million by 2033, Driving 4.9% CAGR
According to the FMI projections, the currency counting machines market is expected to experience substantial growth, reaching an estimated value of USD 231.4 million in 2023 and projecting a robust increase to USD 373.4 million by 2033. The industry is estimated to undergo a CAGR of 4.9% during forecast period. This notable surge is primarily …
FMI Study Indicates Global Combi Boiler Market Size to Hit USD 29,759.2 Million Mark by 2033, Surging Steadily at 4.4% CAGR
The combi boiler market is predicted to surge from USD 19,347.1 million in 2023, to USD 29,759.2 million by 2033. During the projection period, combi boiler sales are expected to expand at a substantial CAGR of 4.4%. A combination boiler, sometimes known as a “combi,” is a small appliance that combines a heating boiler system and a high-efficiency …
Rescue Hoist Systems Market: Anticipated 3.8% CAGR with Estimated Value Reaching US$ 845 Million by 2033
Future Market Insights, a leading ESCOMAR certified market research and consulting firm, has published a comprehensive report on the global rescue hoist system market. According to the report, the market is set to experience a steady growth trajectory, with an average CAGR of 3.8% between 2023 and 2033. The market is expected to attain a …
Global Single-Photon Emission Computed Tomography (SPECT) Market to Reach USD 4.76 Billion by 2032, Growing at 6.9% CAGR
The global single-photon emission computed tomography (SPECT) market is set for robust growth over the next decade, with its valuation projected to rise from USD 2.45 billion in 2022 to approximately USD 4.76 billion by 2032. Expanding at a compound annual growth rate (CAGR) of 6.9% during this period, this growth highlights the increasing adoption …