The global market for fire sprinkler systems is expected to reach USD 12,973.4 million USD in 2023. The market is expected to be valued at USD 22,695.8 million by 2033, growing at a CAGR of 5.9%. The market has grown in prominence as the residential and commercial construction sectors have expanded. This tendency is expected to drive …
Category Archives: Industrial News
Global Cylindrical Grinders Market Share Anticipated to Drive Past USD 4.8 Billion by 2033, Growing at 4.8% CAGR Growth | FMI Analysis
The global Cylindrical Grinders Market is poised for substantial growth, with a projected value of USD 3.0 billion by the year 2023. Over the following decade, from 2023 to 2033, the demand for cylindrical grinders is forecasted to witness a steady ascent, with sales expected to surge at a compound annual growth rate (CAGR) of 4.8%. By …
Global Solenoid Valve Market Revenue Share Estimated to Surge Past USD 6.9 Billion by 2033, Growing Steadily at 4.5% CAGR | FMI Projection
According to a recent FMI study, the solenoid valve market is anticipated to reach USD 4.5 billion in 2023. The market is projected to grow at a CAGR of 4.5% from 2023 to 2033, reaching USD 6.9 billion by 2033. Strict regulations in the food and beverage and medical industries, especially in developed countries, are propelling the …
FMI Study States Global Warm Syrup and Topping Dispensers Market Forecasted to Cross USD 6.5 Billion by 2033, Growing at 4.2% CAGR
The global warm syrup and topping dispensers market anticipates robust growth, projecting a value of USD 4.5 billion in the near future. Positioned for an exciting trajectory, this market is poised for compelling expansion, fueled by an anticipated Compound Annual Growth Rate (CAGR) of 4.2% from 2023 to 2033. By 2033, industry experts forecast an impressive valuation …
FMI States Global Prep Refrigerators Market Size Estimated to Surge Past USD 12.7 Billion Valuation by 2033, Growing Steadily at 4.5% CAGR
The global prep refrigerators market is poised for substantial growth, with an anticipated valuation of USD 8.2 billion in 2023 and a notable Compound Annual Growth Rate (CAGR) of 4.5% forecasted between 2023 and 2033. Fueled by a rising demand for eco-friendly refrigeration solutions, the market is projected to achieve a significant milestone, exceeding a valuation of …
Global Commercial Microwave Oven Market Valuation Anticipated to Reach USD 3,263.3 Million by 2033, Growing Steadily at 4.3% CAGR
The global commercial microwave ovens market is positioned for significant success in the year 2023, with an anticipated value of USD 2,137 million. Future Market Insights projects substantial growth for this market, forecasting a steady Compound Annual Growth Rate (CAGR) of 4.3% between 2023 and 2033. This growth trajectory is expected to drive the market to an …
FMI Analysis States Global Commercial Electric Restaurant Ranges Market Share to Exceed USD 76.8 Billion by 2033, Growing at 5.6% CAGR
The commercial electric restaurant ranges market is witnessing significant momentum, with an anticipated valuation of USD 44.5 billion in 2023. Fueled by ongoing economic expansion and a surge in disposable incomes globally, the market is poised to maintain a robust Compound Annual Growth Rate (CAGR) of 5.6% from 2023 to 2033, ultimately reaching an impressive USD 76.8 …
Global Air Filters Market Size Anticipated to Drive Past USD 30.33 Billion Valuation by 2033, Driven by 6.26% CAGR Growth | FMI Projection
The global air filters market is on an upward trajectory, poised to surpass the USD 30.33 billion mark by 2033, showcasing a substantial surge from its 2023 valuation of USD 16.53 billion. This remarkable expansion is propelled by a robust Compound Annual Growth Rate (CAGR) of 6.26%, underscoring the persistent demand for efficient air filtration solutions. Once …
Global Flow Meter Devices Market Share Expected to Surpass USD 22.8 Billion Mark by 2033, Surging at a Decent Growth of 8.5% CAGR
The 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 …
FMI Projection Affirms Global Peristaltic Pumps Market Valuation to Exceed USD 1.8 Billion Mark by 2033, Growing Steadily at 3.8% CAGR
The global peristaltic pumps market projects a substantial increase from its 2023 value of USD 1.3 billion to an estimated USD 1.8 billion by 2033. This growth trajectory, characterized by a steady Compound Annual Growth Rate (CAGR) of 3.8%, underscores the escalating demand for peristaltic pumps across diverse industries. Renowned for their unparalleled precision in fluid management, …