The global industrial carts market is set to witness remarkable growth, with an estimated valuation of USD 800 million by the end of 2023. Projections indicate that the market will expand at an impressive compound annual growth rate (CAGR) of 8.5%, reaching USD 1,800 million by 2033. This growth is driven by the increasing demand for efficient material handling …
Category Archives: Industrial News
North America Commercial Refrigeration Equipment Industry to Reach Valuation of USD 24,118.8 Million by 2033
The North America commercial refrigeration equipment industry is poised for significant growth, with market size projected to exceed USD 24,118.8 million by 2033. This marks a substantial increase from its current valuation of USD 16,072.9 million in 2023, reflecting a compound annual growth rate (CAGR) of 4.1% over the forecast period. According to industry analysis, sales of commercial refrigeration …
Refrigeration Compressor Market in Japan to Reach USD 1,005.6 Million by 2034, Surging Steadily at 2.4% CAGR | FMI Analysis
The refrigeration compressor industry in Japan is set to experience steady growth over the next decade, according to recent market analysis. Between 2024 and 2034, the market is expected to grow at a compound annual growth rate (CAGR) of 2.4%. The market value, estimated at USD 793.3 million in 2024, is projected to reach USD 1,005.6 million by 2034. …
Global Gas Holders Market Value Forecasted to Exceed USD 100 Million Milestone by 2033, Surging Steadily at 4.4% CAGR
The global gas holders market is poised for remarkable growth, with the market valuation expected to reach USD 65 million by the end of 2023 and further projected to attain USD 100 million by 2033, growing at a compound annual growth rate (CAGR) of 4.4% over the forecast period. This robust growth underscores the increasing reliance on efficient and …
FMI Study Predicts Global Marine Selective Catalytic Reduction Systems Market to Hit USD 8.54 Billion by 2033, Growing at 6.0% CAGR
The global marine selective catalytic reduction systems market was poised to be worth of USD 4.77 billion by 2023. This upward trajectory underscores a significant industry-wide commitment to sustainability and emissions reduction within the maritime sector. By 2033, forecasts indicate that the market will exceed an impressive valuation of USD 8.54 billion, highlighting the unwavering dedication of the …
Global Single-Use Filtration Assemblies Market Revenue to Drive Past USD 19.28 Billion by 2033, Surging at 18.5% CAGR
The global single-use filtration assemblies market is aiming to achieve a significant valuation of USD 19.28 billion by 2033, propelled by a striking Compound Annual Growth Rate (CAGR) of 18.5%. This notable trajectory underscores the increasing significance of maintaining sterile conditions and the widespread adoption of single-use filtration assemblies across diverse industries. The substantial surge in market value can …
Global ISO Container Market Valuation Expected to Reach USD 630.97 Million by 2033, Surging at a Decent CAGR of 9%
The global ISO container market is projected to secure a valuation of USD 266.53 million in 2023 and is expected to rise to USD 630.97 million by 2033. The market is anticipated to register a CAGR of 9% during the forecast period. The growing industrialization, urbanization and population are increasing the adoption of ISO containers. The manufacturers are developing ISO containers by adopting …
Global System on Module Market Revenue Anticipated to Exceed USD 4.65 Billion Mark by 2033, Growing at a Robust 15% CAGR
The global system on module market is poised for remarkable expansion, with Future Market Insights (FMI) forecasting a valuation of USD 1.15 billion by 2023, surging to an impressive USD 4.65 billion by 2033, driven by a robust Compound Annual Growth Rate (CAGR) of 15%. This growth trajectory is underpinned by a convergence of influential factors such as urbanization, …
FMI Analysis Projects Global Industrial Tubes Market Value Forecasted to Exceed USD 1.3 Trillion by 2033, Driven by 7.7% CAGR
The global industrial tubes market is forecasted to witness an impressive surge, with a projected valuation of USD 1.3 trillion by 2033, marking a significant ascent from its 2023 valuation of USD 604.6 billion. This anticipated trajectory underscores the escalating importance of industrial tubes within the global industrial framework, fueled by a notable Compound Annual Growth Rate (CAGR) of …
Global Flow Meter Devices Market Valuation Expected to Surpass USD 22.8 Billion Mark by 2033, Growing at 8.5% CAGR | FMI Study
The global flow meter devices market is set to experience significant expansion, with projected revenue exceeding USD 22.8 billion by 2033. This anticipated surge marks a substantial increase from the recorded revenue of USD 10.1 billion in 2023, propelled by a steady and robust growth trajectory of 8.5% from 2023 to 2033. Positioned as essential components in fluid measurement, …