The global process liquid analyzer market is estimated to be valued at approximately USD 2,861.9 million in 2023. As the adoption of process liquid analyzers grows across industries such as oil and petrochemicals, water and wastewater treatment, and food and beverages, the overall demand is projected to increase at a moderate CAGR of 5.5% from 2023 to 2033, reaching over USD 4,888.5 million …
Category Archives: Industrial News
India Power Tools Market Valuation to Exceed USD 1,563.1 Million by 2033, Sustaining a Consistent 8.6% CAGR | FMI Study
The India power tools market value is forecast to increase from USD 686.0 million in 2023 to USD 1,563.1 million by 2033. Over the assessment period, demand for power tools in India is projected to surge at a CAGR of 8.6%. The construction segment is anticipated to maintain its dominance in the India power tools industry until 2033, with an estimated volume …
Global Adoption of Benelux Power Tools Market Share Expected to Reach USD 1.711 Billion by 2033, Surging at 4.6% CAGR
In 2023, the Benelux power tools market is expected to be worth USD 1,091.40 million. With the increasing use of power tools in the industrial and residential sectors, global demand is expected to expand at a 4.6% CAGR between 2023 and 2033. The adoption of benelux power tools market is anticipated to exceed USD 1.711 billion by …
Global Variable Frequency Drive Market Anticipated to Exceed USD 62,203.02 Million by 2034, Growing at a 5.60% CAGR
The global variable frequency drive (VFD) market is projected to exceed USD 36,072.17 million in 2024 and is estimated to reach USD 62,203.02 million by 2034, growing at a compound annual growth rate (CAGR) of 5.60% from 2024 to 2034. VFDs are increasingly vital to the development of smart grid initiatives, playing a crucial role in stabilizing power distribution networks and optimizing energy …
FMI Projects U.S. Commercial Refrigeration Equipment Market Projected to Surge to USD 11,801.44 Million by 2034, with a CAGR of 3.90%
The United States commercial refrigeration equipment market is anticipated to grow at a compound annual growth rate (CAGR) of 3.90% through 2034. Sales are projected to reach USD 8,049.70 million in 2024 and are expected to surpass USD 11,801.44 million by 2034. A key factor driving this growth is the expansion of the food retail sector, particularly supermarkets and convenience stores, which is …
FMI Analysis Affirms Global Ultra Violet (UV) Lamps Market to Surge at a CAGR of 11.4% to be Valued at USD 1,139.2 Million by 2032
According to FMI study, the ultraviolet (UV) lamps market will grow strongly from 2023 to 2033, with a CAGR of 11.4%. By 2033, the market is projected to be worth USD 1,139.2 million, up from an estimated USD 388.8 million in 2023. In the global ultraviolet (UV) lamps market, ultraviolet (UV) mercury lamps are anticipated to hold …
FMI Affirms Global Telecom Tower Power System Market Share Anticipated to Surpass USD 7,987.8 million by 2034, Surging at 6.7% CAGR
The global telecom tower power system market was worth USD 4,518.9 million in the year 2024 and is expected to reach USD 7,987.8 million by the year 2034 at a CAGR of 6.7% between 2024 and 2034. The Telecom tower system comprises generating system, communications network, and distribution system. Power system constitutes a converter, a generator, a breaker, and …
FMI Analysis States United States Plastic-to-Fuel Market Expected to Hit USD 1,926.9 Million by 2033, With a CAGR of 4.5%
In 2023, the valuation of the United States plastic-to-fuel market reached an impressive USD 1,296.6 million, signaling a period of significant growth. Projections indicate that by the end of 2033, the industry is poised to achieve a remarkable worth of approximately USD 1,926.9 million. This anticipated ascent reflects a notable Compound Annual Growth Rate (CAGR) of around …
Global Fire Extinguisher Market Revenue to Exceed USD 7 Billion Milestone by 2033, Forecasted to Grow at a 5.7% CAGR
According to a report by Future Market Insights, the fire extinguisher market is projected to exhibit a Compound Annual Growth Rate (CAGR) of 5.7% from 2023 to 2033. By the conclusion of this specified period, it is estimated that the market will attain a valuation of approximately USD 7 billion. Notably, fire extinguisher sales are expected to …
FMI Analysis Projects Global Retail Printers and Consumables Market to Surge Past USD 4,480.8 Million Valuation by 2033, Fueled by 4.5% CAGR
The retail printers and consumables market is forecasted to experience a growth of 4.5% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 4,480.8 Million by 2033. The surging use of printers in retail sectors like departmental stores and supermarkets is projected to have a positive influence on market …