The global inductor market is currently witnessing substantial expansion, characterized by a noteworthy year-on-year increase of 5.6% in 2022. This surge is anticipated to propel the market’s estimated value beyond USD 11,862.1 million by the conclusion of the year. Fueled by optimistic forecasts for sustained growth, the market is strategically positioned to maintain a robust Compound Annual …
Category Archives: Industrial News
Global Motor Soft Starters Market Poised for Remarkable Growth, Projected to Reach USD 3.7 Billion by 2033 | FMI Study
According to a recent report released by Future Market Insights (FMI), the global motor soft starters market is on a trajectory of sustained growth, expanding at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2033. By the end of this forecast period, the market is expected to reach a valuation of USD 3.7 billion, driven …
Global Street and Roadway Lighting Market Poised for Robust Growth, Projected to Reach USD 16.4 Billion by 2033 | FMI Study
The global street and roadway lighting market is set to witness remarkable growth over the coming decade, with projections highlighting a steady compound annual growth rate (CAGR) of 5.4% from 2023 to 2033. As of 2023, the market is valued at USD 9.7 billion and is anticipated to reach an impressive USD 16.4 billion by 2033, reflecting the growing …
Global Plate Heat Exchanger Market Valuation Predicted to Surpass USD 6,463.9 Million by 2033, Surging Steadily at 4.6% CAGR
Global sales of plate heat exchangers are set to be valued at over USD 4,113.9 million in 2023. From 2023 to 2032, the worldwide plate heat exchanger market will expand at 4.6% CAGR. Total market size at the end of 2033 is likely to reach USD 6,463.9 million. Growing demand from industries such as chemical processing, food & beverage industries, etc. is …
Global Palletizing Systems Market Revenue Share to Exceed USD 3,412.6 Million Mark by 2032, Growing Steadily at 4.8% CAGR
The global palletizing systems market underwent a significant valuation of USD 2,134.1 million in 2022, it anticipates a remarkable escalation to an extraordinary USD 3,412.6 million by 2032, supported by a consistent compound annual growth rate (CAGR) of 4.8%. This remarkable growth is propelled by a convergence of factors reshaping the palletizing landscape, aligning with evolving consumer demands and …
Global Palletizing Machines Market Share Estimated to Drive Past USD 4,195 Million Mark by 2032, Growing Steadily at 5.2% CAGR
The global palletizing machines market is poised to achieve a substantial value of USD 4,195 million by 2032, propelled by an impressive Compound Annual Growth Rate (CAGR) of 5.2% from an initial valuation of USD 2,523.5 million in 2022. This progression underscores the pivotal role played by palletizing machines in modern manufacturing and logistics operations. A key driver behind …
Global Laser Cutting Machine Sales Projected to Surpass USD 6,635.90 Million Mark by 2034, Surging Steadily at 5.80% CAGR
The global laser cutting machine market is experiencing significant growth, with projections indicating a rise from USD 3,776.10 million in 2024 to USD 6,635.90 million by 2034, representing a compound annual growth rate (CAGR) of 5.80%. This upward trajectory underscores the increasing demand for precision engineering solutions across various industries. Industry Scope & Demand: Laser cutting technology has become …
The USA Commercial Walk-In Refrigeration Market Size to Hit USD 1,980.1 Million Revenue by 2032, Driven by 4.31% CAGR
The USA commercial walk-in refrigeration market is on track to achieve a substantial valuation of USD 1,980.1 million by 2032, showcasing a commendable Compound Annual Growth Rate (CAGR) of 4.31% from 2022 to 2032. This robust growth trajectory is fueled by the indispensable role fulfilled by commercial walk-in refrigeration systems. Acting as silent guardians, these systems play a pivotal …
Global Industrial Wireless Transmitters Market Set to Surpass USD 9.2 Billion by 2033, Fueled by Advances in Wireless Technology
The global industrial wireless transmitters market is witnessing remarkable growth, with a valuation of USD 4.9 billion in 2023 and projections indicating expansion at a compound annual growth rate (CAGR) of 6.4%. By 2033, the market is expected to reach an impressive USD 9.2 billion, according to the latest analysis by Future Market Insights (FMI). This robust growth …
FMI Analysis Indicates North America Residential Ball Valves Market Size to Cross USD 554.1 Million by 2032, Growing at 5.6% CAGR
The North America residential ball valves market is poised for significant growth, with Future Market Insights (FMI) projecting a notable Compound Annual Growth Rate (CAGR) of 5.6% from 2022 to 2032. By 2032, this dynamic market is anticipated to surpass a substantial valuation of USD 554.1 million. The increasing demand for residential ball valves in North America is …