The global microbrewery equipment market embarks on a trajectory of consistent growth, commencing with a valuation of USD 986.2 million in 2023. Fueled by the burgeoning popularity of craft beer consumption worldwide, the demand for microbrewery equipment is poised to maintain a steadfast Compound Annual Growth Rate (CAGR) of 3.3% from 2023 to 2033. This upward trajectory …
Category Archives: Industrial News
Global Milk Homogenizer Machine Market Valuation to Reach USD 4,178 Million by 2033, Growing at 8.4% CAGR | FMI Analysis
The global milk homogenizer machine market anticipates a compelling Compound Annual Growth Rate (CAGR) of 8.4% from 2023 to 2033. With this trajectory, the market aims to achieve a noteworthy valuation of USD 4,178.0 million by 2033, marking a significant leap from its 2023 value of USD 1,865 million. The emergence of homogenization as a pivotal manufacturing …
Global Milk Pasteurization Machines Market Revenue Share to Exceed USD 6,882 Million by 2033, Growing at 8.4% CAGR
The global milk pasteurization machines market has already attained a significant market size of USD 2,300 million in 2021, showcasing a poised trajectory for further expansion. Projections suggest a valuation of USD 3,072 million by the end of 2023, setting the stage for an exceptional journey ahead. Future forecasts unveil an anticipated remarkable Compound Annual Growth Rate …
FMI Projects Global Poultry Processing Equipment Market Valuation to Reach USD 7,958.3 Million Mark by 2032, Growing at 6.6% CAGR
The global poultry processing equipment market is anticipated to soar from its 2022 valuation of USD 4,200.0 million to a notable USD 7,958.3 million by 2032, propelled by a commendable Compound Annual Growth Rate (CAGR) of 6.6% over the forecast period. The driving force behind this remarkable growth is the escalating demand for poultry products, necessitating advanced …
Global Card Printer Ribbons Market Revenue Anticipated to Drive Past USD 997 Million by 2028, Driven by 4% CAGR Growth | FMI Study
The global card printer ribbons market is poised for substantial expansion, with a projected Compound Annual Growth Rate (CAGR) of 4% from 2022 to 2028. Having achieved noteworthy sales of USD 759 million in 2021, the market is anticipated to witness a significant surge, surpassing the significant milestone of USD 997 million by the conclusion of the …
Global Sound Level Measurement Meter Market Anticipated to Exceed USD 1,120 Million Revenue by 2032, Driven by 5.1% CAGR
The global sound level measurement meter market is poised for significant expansion, with forecasts indicating a valuation of USD 682 million in 2022. This upward trajectory is set to continue, driven by a robust compound annual growth rate (CAGR) of 5.1%, resulting in a substantial market value exceeding USD 1,120 million by 2032. The driving force behind …
FMI Study Affirms Global Cold Forging Machines Market Valuation to Reach USD 38 Billion Mark by 2032, Driven by 5.5% CAGR Growth
The cold forging machines market was predicted to reach USD 22.16 billion in 2022, indicating a significant increase in demand. This upward trajectory is expected to continue, propelled by a strong compound annual growth rate (CAGR) of 5.5%, culminating in a remarkable market valuation that exceeds USD 38 billion by 2032. Unlike hot forging techniques, which require …
FMI Prediction States Global Pipes Market Revenue Share to Drive Past USD 238.67 Billion by 2034, Driving a Steady 5.01% CAGR Growth
The global pipes market is valued at a substantial USD 146.38 billion valuation by 2024. The projected growth trajectory is expected to be exceptionally strong, with a compound annual growth rate (CAGR) of 5.01%. By 2034, this trajectory is expected to propel the market to a remarkable valuation that will surpass USD 238.67 billion. The industrial sector, …
FMI Study Affirms Global RFID Kanban Systems Market Gears Up for USD 8.4 Billion Mark by 2032, Driven by 18.1% CAGR Growth
The RFID Kanban systems market is poised for remarkable growth, with projections indicating a surge to surpass USD 8.4 billion by 2032, driven by an impressive compound annual growth rate (CAGR) of 18.1%. This upward trajectory, originating from a market size of USD 1.6 billion in 2022, underscores the transformative potential of RFID Kanban solutions in modern …
Global Lightning Arrester Market Revenue Projected to Surge Past USD 1,466.7 Million by 2032, Growing with an Average 6.5% CAGR
In the year 2022, the global lightning arrester market stands poised for significant expansion, with a valuation of USD 782.1 million, marking the onset of substantial growth over the next decade. Forecasts project a remarkable ascent to USD 1,466.7 million by 2032, indicating a robust Compound Annual Growth Rate (CAGR) of 6.5%. Lightning arresters, often overlooked yet …