The global power plant boiler market value is expected to rise from USD 22.7 Billion in 2024 to USD 40 Billion by 2034. This estimated growth is expected to be driven by a promising CAGR of 5.80% in the power plant boiler industry over the next decade. Governments around the world are investing in upgrading their present power plants. This, along with the …
Category Archives: Industrial News
Global Turboexpander Market Revenue to Exceed USD 2 Billion Milestone by 2034, Driving Steady Growth of 5.4% CAGR | FMI Study
According to Future Market Insights’ latest industry analysis, the global turboexpanders market size is estimated to be around USD 1.2 billion in 2024. It is projected to exhibit a CAGR growth of 5.40% over the forecast period, with an estimated market size of USD 2 billion by 2034. The market for turboexpanders has been witnessing significant growth in recent years due to …
FMI Analysis States Global Industrial Power Supply Market Aims to Surpass USD 21.5 Billion by 2034, Growing at 10.1% CAGR
The industrial power supply market is estimated to be worth USD 8.2 billion in 2024 and is projected to be valued at USD 21.5 billion in 2034. Between 2024 and 2034, the industry is poised to rise at a CAGR of 10.1%. The growing integration of industrial automation and the implementation of Industry 4.0 initiatives are contributing to a heightened demand for dependable and …
Global Industrial Rolling Ladder Market Predicted to Reach USD 353.4 Million Mark by 2034, Growing Steadily at 4.3% CAGR
The global industrial rolling ladder market is anticipated to reach a valuation of USD 221.1 million in 2024, driven by market penetration in developing regions. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.3% between 2024 and 2034, and reaching a total valuation of approximately USD 353.4 million …
Global Steam Tables and Food Wells Market Projected to Drive Past USD 968.8 Million by 2033, Driving Steady Growth of 2.7% CAGR
The global steam tables and food wells market has achieved a noteworthy valuation of USD 742.2 million in 2023, signifying a significant transformation. This evolution is propelled by an increasing demand for customizable and modular equipment, signaling a paradigm shift in the trajectory of culinary service. Forecasts indicate a consistent Compound Annual Growth Rate (CAGR) of 2.7% …
FMI Study States Global Commercial Gas Restaurant Range Market Gears Up for USD 24,324 Million Mark by 2033, Driving 5.5% CAGR Growth
The global commercial gas restaurant ranges market is positioned for significant growth, commencing at a substantial valuation of USD 13,497.6 million in 2022. With a steady Compound Annual Growth Rate (CAGR) of 5.5%, as forecasted by Future Market Insights (FMI), an impressive trajectory is anticipated, projecting a noteworthy value of USD 24,324 million by the culmination of …
Global Banquet Carts Market Revenue Anticipated to Drive Past USD 1,800 Million Milestone by 2033, Growing at 8.5% CAGR
The global banquet carts market is positioned for substantial expansion, with an estimated valuation of USD 800 million in 2023. Future Market Insights’ insightful analysis reveals a trajectory of remarkable growth, forecasting an impressive Compound Annual Growth Rate (CAGR) of 8.5% between 2023 and 2033. By the conclusion of this period, the market is anticipated to attain …
Global Commercial Deep Fryer Parts & Accessories Market Projected to Surpass USD 730.5 Million by 2033, Growing at 12% CAGR | FMI Study
The commercial deep fryer parts & accessories market is forecasted to exceed a valuation of USD 730.5 million by 2033, propelled by a robust Compound Annual Growth Rate (CAGR) of 12%. With an initial valuation of USD 210 million in 2022, this market is primed for substantial growth, with projections indicating a valuation of USD 235.2 million …
USA and Canada Fence Screen Market to Reach USD 130.9 Million by 2033, with a CAGR of 5.7%
The USA and Canada fence screen market is projected to be worth USD 74.9 million. The market is likely to expand at a steady pace by witnessing a CAGR of 5.7% during the forecast period between 2023 and 2033. It is anticipated to be valued at USD 130.9 million by 2033. Increased use of fence screens or privacy screens to reduce outsiders’ …
Chicken Feeders and Drinkers Market Revenue Expected to Hit USD 5,289 Million by 2033, with a CAGR of 4%
The market for chicken feeders and drinkers is predicted to be worth USD 3,573 million in 2023, and rise to USD 5,289 million by 2033. Demand is expected to increase at a CAGR of 4% over the course of the projected period. Major reason anticipated to promote demand for chicken feeders and drinkers is the …