According to Future Market Insights, the global bitumen sprayer market size is expected to grow from USD 878.7 Million in 2022 to USD 1,306.4 Million by 2032. Overall sales of bitumen sprayers are projected to surge at over 4.0% CAGR from 2022 to 2032. Rising investments in developing and expanding road infrastructure worldwide and growing …
Category Archives: Industrial News
Global Fire Pits Market Size Expected to Hit USD 13.59 Billion by 2033, with a CAGR of 6.5%
From 2023 to 2033, the fire pits market is projected to record a CAGR of 6.5%, reaching a value of USD 7.24 billion in 2023. In 2033, it is predicted that the fire pits market would be worth USD 13.59 billion. The fire pits market is being driven by homeowners’ rising demand to evoke an inside …
Global Air Conditioning Compressor Market Size Expected to Hit USD 42.4 Billion by 2032, with a CAGR of 5.0%
According to Future Market Insights, the global air conditioning compressor market is expected to be valued at USD 25,941.3 Million in 2022 and further grow at 5.0% CAGR between 2022 and 2032. Overall sales of air conditioning compressors are projected to total a valuation of USD 42,413.6 Million by 2032. Air conditioning compressor sales are …
Global Industrial Tubes Market Anticipated to Reach USD 1.3 Trillion Valuation by 2033, Growing at 7.7% CAGR | FMI Analysis
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) …
Global Flow Meter Devices Market Revenue Forecasted to Surpass USD 22.8 Billion Mark by 2033, Growing at 8.5% CAGR | FMI Analysis
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 …
Global Supplied Air Respirators (SARs) Market Share Estimated to Surpass USD 2.7 Billion Mark by 2033, Growing Steadily at 6.1% CAGR
The global supplied air respirators (SARs) market is experiencing significant growth, with a projected valuation of USD 2.7 billion by 2033, supported by a steady Compound Annual Growth Rate (CAGR) of 6.1% from 2023 to 2033. Beyond their traditional role as safety equipment, supplied air respirators play a crucial role in safeguarding the health and well-being of …
FMI Study Affirms Global Safety Relays Market Valuation Expected to Cross USD 1.4 Billion Mark by 2033, Driven by 8.3% CAGR Growth
The safety relays market is positioned for notable growth, with a projected Compound Annual Growth Rate (CAGR) of 8.3% from 2023 to 2033. Projections indicate significant revenue expansion, with the market anticipated to elevate from USD 630.3 million in 2023 to an impressive USD 1.4 billion by 2033, marking a substantial increase from its 2022 valuation of …
FMI Prediction States Global Runway Lighting Market Gears Up for USD 1,187.4 Million Milestone by 2034, Growing Steadily at 4.7% CAGR
The runway lighting market is poised for substantial growth, with forecasts indicating a valuation of USD 722.1 million by 2024. This remarkable surge is attributed to a heightened awareness and enhanced comprehension of runway lighting capabilities. The market is positioned to explore new opportunities, demonstrating a CAGR of 4.7% from 2024 to 2034. Expectations suggest the market could reach an estimated …
FMI Analysis Affirms Global Low Voltage Cable Market Projected to Reach USD 255 Billion Mark by 2033, Driven by 5.8% CAGR Growth
The global low voltage cable market has witnessed remarkable growth, achieving a substantial valuation of USD 135.3 billion in 2022. This upward trajectory is set to continue, with an anticipated value of USD 144.5 billion by the end of 2023, showcasing robust year-over-year expansion. Looking ahead, the market is forecasted to experience a significant Compound Annual Growth …
Global Industrial Counter Market Projected to Drive Past USD 1,560 Million Mark by 2033, Growing Steadily at 4.1% CAGR | FMI Analysis
The global industrial counter market is forecasted to reach an impressive valuation of USD 1560.0 million by the year 2033, fueled by a steady Compound Annual Growth Rate (CAGR) of 4.1% from 2023 onwards. With an estimated worth of approximately USD 1042.4 million in 2023, this market segment demonstrates a consistent trajectory of expansion, underpinned by its …