The global plumbing fitting & fixtures market is poised for steady growth, with a projected valuation of USD 164.8 billion by 2033. This expansion is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 5.7% from 2023. The market is already well-established, with a strong foundation of USD 89 billion in 2022 and an expected …
Category Archives: Industrial News
Global Heat Lamps Market Size Expected to Drive Past USD 3.29 Billion Mark by 2033, Growing at an Impressive 15.6% CAGR | FMI Study
The global heat lamps market is expected to reach a valuation of USD 785.8 million in 2023. Future Market Insights reports say that the market is expected to grow at a 15.6% CAGR from 2023 to 2033, anticipated to be valued at USD 3.29 billion by the end of 2033. Heat lamp market was valued at USD …
Global Compartment Sinks Market Forecasted to be Valued at USD 1,409.2 Million by 2033, Driving an Average Growth of 6.3% CAGR
The global compartment sinks market is anticipated to be worth USD 810.4 million in 2023. According to Future Market Insights, the market will increase at a CAGR of 6.3% between 2023 and 2033, totaling around USD 1,409.2 million by 2033. Future Market Insights, a leading provider of market intelligence and research solutions, has announced the publication of …
FMI Analysis States Global Cotton Candy Machines Market Anticipated to Drive Past USD 170.4 Billion by 2033, Driven by 4.62% CAGR
The global cotton candy machines market is worth USD 108.4 Billion as of now and is expected to reach USD 170.4 Billion by the year 2033 at a CAGR of 4.62% between 2023 and 2033. The ongoing trend is that of sugar-free candies due to consumers getting more health-conscious. As such, low-sugar chocolates are in the offing. …
FMI Predicts Global Dishwashing Parts and Accessories Market Forecasted to Reach USD 2.7 Billion by 2033, Growing Steadily at 4.9% CAGR
Global dishwashing parts and accessories market to reach a valuation of USD 1.7 billion in 2023. Future Market Insights reports say that the market is expected to grow at a 4.9% CAGR from 2023 to 2033, anticipated to be valued at USD 2.7 billion by the end of 2033. Consumers were liable for reconsideration of their priorities, …
FMI Analysis Affirms Global Glass Handling Robot Market Revenue Share to Exceed USD 1,270.9 Million by 2034, Driven by 4.8% CAGR Growth
The global glass handling robot market is anticipated to reach a valuation of USD 826.2 million in 2024, driven by customized solutions for small and medium enterprises. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.8% between 2024 and 2034, and reaching a total valuation of approximately USD 1,270.9 million by 2034. One of …
Global Conveyor Dryer Market Revenue to Exceed USD 1,350.7 Million Milestone by 2034, Growing Steadily at 3.1% CAGR | FMI Study
The conveyor dryer market is on the cusp of a significant valuation surge, with projections pointing towards an impressive USD 966.9 million by 2024. Growing interest and a deepening understanding of the conveyor dryer’s capabilities drive this remarkable ascent. The market is poised to unlock new avenues, exhibiting a CAGR of 3.1% from 2024 to 2034. As the journey continues, the …
Global Ice Detection System Market Size Projected to Surpass USD 2,348.2 Million Mark by 2034, Growing Steadily at 2.8% CAGR
The global ice detection system market is anticipated to reach a valuation of USD 1,730.4 million in 2024, driven by customization and modular solutions. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 2.8% between 2024 and 2034, and reaching a total valuation of approximately USD 2,348.2 million by 2034. One of the major factors …
FMI Analysis States Global Public Announcement System Market Revenue Share to Exceed USD 1,715.10 Million Mark by 2034, Growing at 5.6% CAGR
The public announcement system market is predicted to be valued at USD 976 million in 2024 and USD 1,715.10 million by 2034. Over the projection period, the public announcement system market is expected to surge at a CAGR of 5.60%. Integrating artificial intelligence and IoT technologies within the public announcement system is a significant driver. These technological advancements are reshaping traditional public …
Global Industrial Tubes Market Revenue Share Forecasted to Drive Past USD 1.3 Trillion Valuation by 2033, Driving 7.7% CAGR Growth
The 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) …