The global automated container terminal market has achieved a commendable valuation of USD 10 billion in 2023, signalling a promising trajectory for future expansion. With a robust Compound Annual Growth Rate (CAGR) of 7.3% projected from 2023 to 2033, the market is poised to sustain its upward momentum, ultimately reaching an impressive valuation of USD 20.3 billion by 2033. …
Category Archives: Industrial News
FMI Research Predicts Global Safety Instrumentation Systems Market to Reach USD 6,947.3 Million by 2032, Driving 5.4% CAGR Growth
The global safety instrumentation systems market forecasted an impressive valuation of USD 6,947.3 million by 2032. This marks a substantial progression from its 2022 value of USD 4,123.3 million, driven by a robust Compound Annual Growth Rate (CAGR) of 5.4% over the forecast period. The rising demand for safety instrumentation systems is closely tied to the evolving landscape …
Global Industrial Water Cooling Systems Market Share to Exceed USD 2,648 Million Mark by 2032, Growing Steadily at 4.7% CAGR
The global industrial water cooling system market was on track to reach a valuation of USD 1,673.1 million in 2022, with projections indicating a significant surge to USD 2,648 million by 2032. This impressive growth trajectory is driven by a steady Compound Annual Growth Rate (CAGR) of 4.7% from 2022 to 2032. The driving force behind this growth is …
FMI Analysis Indicates Global Industrial Power Monitoring System Market Size to Exceed USD 14,375.2 Million by 2033, Growing at 8% CAGR
The global industrial power monitoring systems market is poised for significant growth, with projections indicating a valuation of USD 7,191.2 million by the conclusion of 2023. This trajectory of expansion extends further, with an anticipated Compound Annual Growth Rate (CAGR) of 8% from 2023 to 2033, propelling the market to an impressive USD 14,375.2 million by the end of …
FMI Study Affirms Global Plastic Extrusion Machine Market to Surpass USD 10,754.4 Million by 2032, Growing Steadily at 4.7% CAGR
The global plastic extrusion machine market was set to achieve a remarkable valuation of USD 6,793.9 million in 2022, with strong indicators pointing towards significant expansion. Fueled by a substantial Compound Annual Growth Rate (CAGR) of 4.70%, the market is projected to reach an impressive USD 10,754.4 million by 2032. This surge in demand is propelled by the …
FMI Report States Global Ride-On Mower Market Share to Exceed USD 4,530 Million Mark by 2032, Driving 4.1% CAGR Growth
The global ride-on mower market is positioned for significant growth, with projections indicating a valuation exceeding USD 4,530.0 million by 2032. This notable trajectory marks a substantial increase from its 2022 value of USD 3,040.0 million, driven by a commendable Compound Annual Growth Rate (CAGR) of 4.1% over the forecast period. Central to this exceptional growth narrative is …
FMI Study Indicates Global Portable Metal Detectors Market Share to Exceed USD 2,667 Million Mark by 2032, Driven by 8.3% CAGR Growth
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 are primed …
FMI Study Indicates Global Rainscreen Cladding Market Size to Reach USD 4,554 Million by 2033, Growing at an Average 6.7% CAGR
The global rainscreen cladding market is poised for remarkable expansion, with Future Market Insights forecasting a valuation exceeding USD 4,554 million by 2033. This anticipated growth, projected at a consistent Compound Annual Growth Rate (CAGR) of 6.7%, underscores the increasing demand for rainscreen cladding in the construction industry. Key drivers propelling this growth include substantial investments in construction, …
FMI Study States Global Chromatography Accessories and Consumables Market to Reach USD 7 Billion by 2033, Growing at 5.2% CAGR
Future Market Insights (FMI) has released a compelling projection indicating a significant surge in the global chromatography accessories and consumables market, foreseeing a valuation surpassing the USD 7 billion milestone by the year 2033. This estimation is underpinned by a robust Compound Annual Growth Rate (CAGR) of 5.2% expected over the coming decade, building upon a sturdy foundation …
FMI Report Indicates Global Optical Waveguide Market Share to Surge Past USD 13 Billion by 2033, Driving 5.3% CAGR Growth
The optical waveguide market is poised for significant growth, aiming to achieve an impressive valuation of USD 13.0 billion by 2033, driven by a substantial Compound Annual Growth Rate (CAGR) of 5.3% from 2023 to 2033. Currently, the market is on a robust trajectory, with an estimated value of USD 7.8 billion in 2023. This expansion not only indicates …