According to estimates, commercial booster pump sales worldwide are likely to reach USD 5,809 million in 2023. In a detailed industry analysis, the global commercial booster pump market is projected to grow a CAGR of 7.6% and reach USD 12,084.3 million by 2033. These pumps have an inlet, outlet, motor, and pressure monitoring device that improves the flow and pressure of water. Pumps with booster impellers have …
Category Archives: Industrial News
Global Domestic Booster Pumps Market Share to Drive Past USD 5,732.3 Million Value by 2033, Surging at 7.2% CAGR
The domestic booster pumps market is set for significant expansion, with a resilient Compound Annual Growth Rate (CAGR) of 7.2% expected over the forecast period. Projections indicate a noteworthy valuation of USD 5,732.3 million by 2033, reflecting a substantial increase from its 2023 value of USD 2,860.1 million, according to insights provided by FMI. This surge is driven by …
FMI Analysis Indicates Global Turbidimeter Market Size to Hit USD 952.1 Million Milestone by 2029, Driven by 4% CAGR Growth
The global turbidimeter market is poised for substantial growth, projected to surpass a valuation of USD 952.1 million by 2029. With an initial year-end valuation of approximately USD 641.8 million in 2022, reflecting a robust growth rate of 5.6%, this marks the onset of a progressive trajectory. Future Market Insights (FMI) forecasts a steady Compound Annual Growth Rate (CAGR) …
Global Loader Bucket Demand to Surge at 4.6% CAGR Till 2029, Driven by Recycling and Waste Management Initiatives
The loader bucket market is poised for substantial growth in the forecast period spanning from 2022 to 2029, fueled by an increasing emphasis on recycling and waste management initiatives. Within this dynamic market, loader buckets emerge as pivotal tools, playing a crucial role in enhancing the efficiency of waste handling operations. The industry is dedicated to optimizing …
Global Oil & Gas Fittings Market Share Projected to Hit USD 1,675.4 Million by 2029, Registering 3.4% CAGR Growth | FMI Study
According to FMI’s comprehensive analysis, the oil & gas fittings market is poised for a robust growth trajectory, with a projected valuation of USD 1,675.4 million by the year 2029, boasting a consistent Compound Annual Growth Rate (CAGR) of 3.4% from 2022. FMI’s in-depth study delves into the dynamic evolution of the oil & gas fittings market, underpinned by …
Global Diamond Core Drilling Market Share Estimated to Surpass USD 3.7 Billion by 2033, Growing at 6.3% CAGR | FMI Analysis
The global diamond core drilling market was valued at USD 2 billion in 2023 according to Future Market Insights, Inc., is poised for substantial growth, aiming to surpass USD 3.7 billion by 2033, supported by a robust Compound Annual Growth Rate (CAGR) of 6.3%. This growth is attributed to various significant factors, prominently fueled by the expansion of the …
FMI Study Indicates Global Aircraft Washing System Market to Reach USD 2,638.5 Million by 2033, Growing at a CAGR of 4.2%
According to a recent report by Future Market Insights, the global aircraft washing system market is poised to achieve a valuation of approximately USD 2,638.5 million by 2033. The market will experience steady growth at a compound annual growth rate (CAGR) of 4.2% from 2023 to 2033. This surge is driven by the aviation industry’s increasing focus on operational …
Global Sliding Sleeves Market Size Anticipated to Reach USD 1,558.7 Million by 2033, Growing Steadily at 5.2% CAGR | FMI Study
According to the latest report by FMI (Future Market Insights), the global sliding sleeves market is projected to grow from USD 938.9 million in 2023 to USD 1,558.7 million by the end of 2033, registering a robust CAGR of 5.2% during the forecast period. This steady growth highlights the increasing adoption of sliding sleeves in the oil and gas …
Global Temperature Sensor Market to Reach USD 10,782.6 Million by 2032, Driven by Expanding Industrial and Medical Applications
The global temperature sensor market is poised for significant growth, projected to reach a market value of USD 10,782.6 million by the end of 2032, up from USD 7,077.5 million in 2022. With a compound annual growth rate (CAGR) of 4.3% from 2022 to 2032, the industry is experiencing robust expansion fueled by increased demand across multiple sectors such …
FMI Analysis Affirms Global Industrial Robot Controller Market Projected to Reach USD 2584.2 Million by 2034, Growing at 9.1% CAGR
The global industrial robot controller market is poised for significant advancement, with a robust Compound Annual Growth Rate (CAGR) of 9.1% projected from 2024 to 2034. Future Market Insights (FMI) anticipates this trajectory to drive substantial expansion, culminating in a notable valuation of USD 2584.2 Million by 2034. FMI remains dedicated to delivering a comprehensive analysis of the market’s …