The global geiger counter market is on track for significant expansion, with a projected valuation exceeding USD 157.4 million by 2033. This growth is attributed to a robust Compound Annual Growth Rate (CAGR) of 7.2% anticipated from 2023 onwards. Geiger counters are crucial instruments for radiation detection and are witnessing steady demand across various sectors. These include nuclear power …
Category Archives: Industrial News
FMI Report States Global Safety Relays Market Share Estimated to Surpass USD 1.4 Billion by 2033, Surging at 8.3% CAGR
The global safety relays market is positioned for notable growth, with a projected Compound Annual Growth Rate (CAGR) of 8.3% from 2023 to 2033. Projections indicate significant revenue expansion, with the market anticipated to elevate from USD 630.3 million in 2023 to an impressive USD 1.4 billion by 2033, marking a substantial increase from its 2022 valuation of USD …
FMI Analysis Affirms Global Terrain Awareness and Warning System Market Size to Reach USD 415 Million by 2033, Driven by 4.7% CAGR
The global terrain awareness and warning system market is estimated to be USD 245 million in 2023. The demand for terrain awareness and warning systems is projected to expand at a CAGR of 4.7%, with its market valuation reaching USD 415 million by 2033. The global Terrain Awareness and Warning System (TAWS) market is on the brink of transformative growth, fueled by …
FMI Analysis Affirms Global Forged and Casting Component Market Share to Hit USD 17,146.7 Million by 2033, Driven by 6.0% CAGR
The global forged and casting components market value observed a 5.2% year-on-year growth in 2022 and is estimated to reach USD 9,591.6 million in 2023. Over the assessment period, global sales of forged and casting components are projected to rise at 6.0% CAGR, culminating in a market size of USD 17,146.7 million by 2033. Demand for forged and casting components is anticipated to remain …
Global Automation COE Market Set to Surge, Forecasted to Reach USD 13,300 Million by 2034, Surging at Robust 41.4% CAGR
The global automation COE market is poised for unprecedented growth, with its current valuation of USD 560.8 million in 2024 projected to skyrocket to USD 13,300 million by 2034. Driven by a remarkable compound annual growth rate (CAGR) of 41.4% during the forecast period, this market is rapidly becoming a cornerstone of business innovation and operational efficiency worldwide. Key …
FMI Report States Global General Purpose Electronic Test and Measurement Instruments Market to Hit USD 20.8 Billion by 2033, Driven by 9.7% CAGR
The global general purpose electronic test and measurement instruments market is poised for transformative growth, with projections indicating a significant valuation exceeding USD 20.8 billion by 2033, driven by a robust Compound Annual Growth Rate (CAGR) of 9.7% forecasted between 2023 and 2033. This substantial growth underscores the persistent demand for innovative solutions within the industry. At the heart …
FMI Report Indicates Global Copper Pipes and Tubes Market Value to Exceed USD 48.8 Billion Mark by 2033, Surging at 3.2% CAGR
The global copper pipes and tubes market is poised for significant growth, projecting a Compound Annual Growth Rate (CAGR) of 3.2% over the forecasted period. This trajectory is expected to culminate in a substantial market value surpassing USD 48.8 billion by 2033. This anticipated growth exceeds traditional statistical predictions, highlighting the enduring versatility and significance of copper across …
Global Welding Fume Extraction Equipment Market Estimated to Exceed USD 7.4 Billion by 2033, Driven by 5.5% CAGR
The global welding fume extraction equipment market is poised for significant expansion, with a projected valuation of approximately USD 4.3 billion in 2023, driven by a robust Compound Annual Growth Rate (CAGR) of 5.5% from 2023 to 2033. As the forecast period concludes, global sales of welding fume extraction equipment are expected to reach a substantial USD 7.4 …
Global Liquid Filtration Market Size Anticipated to Cross USD 5.8 Billion Milestone by 2033, Surging at 7.9% CAGR | FMI Projection
In 2022, the global liquid filtration market achieved sales revenue of USD 2.5 billion. Projections indicate a robust increase in demand, with a compound annual growth rate (CAGR) of 7.9% expected from 2023 to 2033. The latest analysis forecasts substantial market expansion, with the global liquid filtration market size anticipated to grow from USD 2.7 billion in …
FMI Study Projects Global Reference Designs Market Value to Reach USD 71.8 Billion Mark by 2033, Surging at 11.3% CAGR
The global reference designs market is expected to be valued at USD 24.6 billion in 2023. The market is expected to reach USD 71.8 billion by 2033, rising at an 11.3% CAGR. Demand for these designs is driven by the many elements that influence the growth trajectory of the reference design industry. The reference design business is primarily driven by the …