A comprehensive study conducted by FMI has revealed promising projections for the global inflatable tents market, forecasting a robust Compound Annual Growth Rate (CAGR) of 7.5% and a valuation surpassing USD 2307.9 million by 2034. The momentum behind this growth trajectory can be attributed to several key factors, with the burgeoning adventure tourism sector emerging as …
Category Archives: Industrial News
FMI Affirms Global Industrial Magnetrons Market Forecasted to Reach USD 5.82 Billion Revenue by 2026, Driving 5.4% CAGR Growth
In a forecast by Future Market Insights (FMI), the global industrial magnetrons market is poised for robust expansion, with anticipated revenues exceeding USD 5.82 billion by the year 2026. Reflecting a sturdy Compound Annual Growth Rate (CAGR) of 5.4%, this trajectory underscores the escalating adoption of magnetron technology across diverse industries, notably within industrial heating equipment applications. …
FMI Predicts Global Portable Metal Detectors Market Valuation to Surpass USD 2,667 Million by 2032, Growing at 8.3% CAGR
The global portable metal detectors market is poised for significant expansion, with a projected valuation surpassing USD 2,667 million by the year 2032. Reflecting a robust Compound Annual Growth Rate (CAGR) of 8.3% spanning the decade from 2022 to 2032, this forecast underscores the escalating demand for portable metal detection solutions across diverse sectors. Portable metal detectors …
FMI States Global Beer Fermenter Market Gears Up for USD 1,609.7 Million Revenue Mark by 2033, Growing at 3.4% CAGR
Future Market Insights (FMI) has forecasted substantial growth for the global beer fermenter market, with a projected valuation of USD 1,152.2 million in 2023. Anchored by a steady Compound Annual Growth Rate (CAGR) of 3.4% from 2023 to 2033, the market is poised for robust expansion, expected to reach an impressive USD 1,609.7 million by 2033. …
FMI Report Forecasts Global Horse Drawn Farming Equipment Market to Reach USD 7.66 Billion Mark by 2033, Driven by 5.5% CAGR
The horse drawn farming equipment market is on the brink of significant expansion, with an admirable Compound Annual Growth Rate (CAGR) of 5.5% forecasted for the foreseeable future. Beginning with an estimated valuation of approximately USD 4.48 billion in 2023, the market is expected to achieve an impressive USD 7.66 billion by 2033. Rooted in the historical …
Global Dough Processing System Market Revenue Share to Cross USD 8,152.3 Million Mark by 2032, Surging at 4.4% CAGR | FMI Analysis
The global dough processing system market is poised for significant expansion, with steady Compound Annual Growth Rate (CAGR) of 4.4% anticipated from 2022 to 2032. This trajectory aims to elevate the global market from its 2022 valuation of USD 5,300.0 million to a substantial USD 8,152.3 million by 2032. The escalating demand for dough processing systems stems …
Global Fish Feed Pellet Making Machines Market Anticipated to Reach USD 2,167.9 Million Revenue by 2033, Driven by 5.6% CAGR Growth
The fish feed pellet making machine market is poised for significant growth, driven by a robust Compound Annual Growth Rate (CAGR) of 5.6% over the forecasted period. By 2033, this burgeoning market is expected to exceed a valuation of USD 2,167.9 million, marking a substantial increase from the projected USD 1,257.2 million in 2023. The year 2022 …
Global Land Survey Equipment Market Valuation to Exceed USD 15868.4 Million Milestone by 2034, Growing at a Decent 7.8% CAGR
The global land survey equipment market is achieving commendable milestones, with a value of USD 6945.9 million in 2023, projected to rise to USD 7487.6 million in 2024. However, the true testament to its trajectory lies in the anticipated surge, fueled by a robust Compound Annual Growth Rate (CAGR) of 7.8% forecasted from 2024 to 2034. This …
Global Transformer Monitoring System Market Predicted to Gears Up for USD 7,646.39 Million by 2034, Growing at 8.9% CAGR
The global transformer monitoring system market, valued at a robust USD 3,259.70 million in 2024, anticipates a compelling Compound Annual Growth Rate (CAGR) of 8.9% from 2024 to 2034. This trajectory positions the market to attain a substantial valuation of USD 7,646.39 million by 2034. This surge in the transformer monitoring system market not only underscores …
Global Water Desalination Equipment Market Forecasted to Drive Past USD 22,645.8 Million Revenue by 2033, Driving 8.6% CAGR Growth
The global water desalination equipment market is poised for unprecedented growth, forecasting a promising revenue of USD 22,645.8 million by 2033. This surge is propelled by an impressive Compound Annual Growth Rate (CAGR) of 8.6%, extending through 2033, with the market presently valued at USD 9,924.1 million in 2023. The flourishing global water desalination equipment market not …