The digital pump market is envisioning a substantial Compound Annual Growth Rate (CAGR) of 6.1% from 2022 to 2032. This upward momentum is set to elevate the market to remarkable heights, projecting a valuation of USD 20.5 billion by 2032, marking a significant increase from its 2022 valuation of USD 11.3 billion. At the heart of this …
Category Archives: Industrial News
Global Tower Crane Market Valuation Predicted to Cross USD 33,661.95 Million Mark by 2033, Driven by 4.8% CAGR Growth
The tower crane market is primed for significant growth, projecting an ascent to USD 21,063.30 million in 2023, further reaching an impressive USD 33,661.95 million by 2033. This notable expansion is expected to be upheld by a consistent Compound Annual Growth Rate (CAGR) of 4.8% from 2023 to 2033. The development of efficient tower cranes necessitates a …
Global Non-Destructive Testing (NDT) Inspection Services Market Forecasted to Cross USD 47 Billion by 2034, Driving 7.7% CAGR Growth
The global Non-Destructive Testing (NDT) inspection services market is poised for substantial growth, with a noteworthy Compound Annual Growth Rate (CAGR) projected to exceed 7.7% from 2024 to 2034. This significant expansion is attributed to the influential impact of automation, a response to the manufacturing sector’s increasing demand for faster and more efficient processes. Non-Destructive Testing (NDT) …
Global Corn Puff Making Machines Market Aims to Gear Up for USD 4 Billion Milestone by 2033, Driven by 7.6% CAGR Growth
The global corn puff making machines market is predicted to reach a significant milestone, exceeding USD 4 billion by 2033. This substantial growth is fueled by a robust Compound Annual Growth Rate (CAGR) of 7.6%, according to a recent analysis by Future Market Insights (FMI). The market has already achieved a notable valuation of USD 1.9 billion …
FMI Prediction States Global Countertop Griddle Market Set to Surpass USD 3.9 Billion Milestone by 2033, Growing Steadily at 4.8% CAGR
The global countertop griddle market is on track for significant growth, with a projected valuation of USD 3.9 billion by 2033. This expansion is fueled by a consistent Compound Annual Growth Rate (CAGR) of 4.8% from its current market size of USD 2.4 billion in 2023. The countertop griddle market is not only experiencing steady growth, but …
FMI Analysis Projects Global Industrial Gas Stove Market Expected to Exceed USD 12.25 Billion by 2033, Driven by 3.3% CAGR Growth
The global industrial gas stove market is poised for steady growth, with a projected valuation of USD 12.25 billion by 2033. This expansion is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 3.3% from 2023, according to projections by Future Market Insights (FMI). Industrial gas stoves are more than just appliances; they play a …
Global Cashew Processing Machine Market Revenue Projected to Surpass USD 10,624.41 Million Mark by 2033, Driving 7.4% CAGR Growth
The global cashew processing machine market is poised for a remarkable surge, with a projected valuation exceeding USD 10,624.41 million by 2033. This significant growth is fueled by a robust Compound Annual Growth Rate (CAGR) of 7.4%, building upon a market value of USD 5,203.10 million in 2023. While the outlook for the market is optimistic, stakeholders …
Agricultural Sprayers Market Forecasted to Reach USD 5,499.5 Million by 2033, with a CAGR of 5.9%
The global agricultural sprayers market is anticipated to achieve a substantial size, projected to reach USD 3,106.1 million by 2023, with a subsequent growth rate forecasted at 5.9% CAGR between 2023 and 2033. By the conclusion of 2033, total sales within the agricultural sprayers sector are expected to yield revenues amounting to USD 5,499.5 million. One …
HVAC Blower and Fan Systems Market Sees Further Increase to USD 1,841.90 Million by 2033, with a CAGR of 3.2%
The HVAC blower and fan systems market is projected to witness substantial growth over the next decade. In 2023, the market value is expected to reach USD 1,387.20 million, with a further increase to USD 1,841.90 million by 2033, representing a commendable CAGR of 3.2% during the forecast period from 2023 to 2033. This positive …
Automatic Door Control Market Projected to Reach USD 28,913.00 Million by 2033, with a CAGR of 7.2%
The automatic door control market is expected to be valued at USD 14,426.00 million in 2023, with a 7.2% CAGR over the projected period. The automatic door control industry is expected to be worth USD 28,913.00 million by 2033. Energy savings, ease of operation, security, speed and accuracy, cable-free operation, and other factors escalate automatic …