The global dewatering pump market is expected to bode well over the assessment period from 2023 to 2033 by registering an impressive CAGR of 5.2%. The market is predicted to reach USD 7,356.8 million in 2023 and surpass a valuation of USD 12,213.6 million by 2033. According to Future Market Insights’ historical analysis, the global dewatering pump market witnessed …
Category Archives: Industrial News
FMI Analysis Affirms Global Electrical Testing Services Market Revenue Share to Exceed USD 13.4 Billion by 2031, Surging at 7.1% CAGR
The global electrical testing services market is experiencing significant growth, fueled by rising demand in key sectors. According to industry forecasts, the market is projected to surpass USD 13.4 billion by 2031, reflecting a robust Compound Annual Growth Rate (CAGR) of 7.1% from 2021. This growth momentum follows a strong year-on-year increase of 6.3% observed in 2021. The market’s …
Global Card Printer Ribbons Market Size Forecasted to Exceed USD 1264.8 Million Milestone by 2034, Driving 4% CAGR | FMI Study
The global card printer ribbons market is poised for substantial expansion, with a projected Compound Annual Growth Rate (CAGR) of 4% from 2024 to 2034. Having achieved noteworthy sales of USD 854.4 million in 2024, the market is anticipated to witness a significant surge, surpassing the significant milestone of USD 1264.8 million by the conclusion of the assessment period …
Global Extruder and Compounding Machines Market Revenue Share to Cross USD 113.96 Billion by 2034, Surging at 4.2% CAGR
The global extruder and compounding machines market is poised for steady growth over the next decade, with a projected valuation of USD 113.96 billion by 2034. This expansion is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 4.2%, building upon a market size of USD 75.53 billion in 2024. This report provides a comprehensive analysis of …
FMI Analysis Affirms Global Industrial Magnetrons Market Revenue Share to Exceed USD 5.82 Billion by 2026, Surging Steadily at 5.4% CAGR
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. Magnetrons have …
FMI Study Projects Global Industrial Safety Gloves Market Size to Hit USD 13.5 Billion by 2034, Growing Steadily at 4.5% CAGR
The global industrial safety gloves market is poised for significant growth, with the size estimated to reach USD 8.7 billion in 2024. This expanding market is set to grow at a compound annual growth rate (CAGR) of 4.5% through the forecast period, ultimately reaching a projected value of USD 13.5 billion by 2034. Several key factors, such as rising …
FMI Study Indicates Global Industrial Wireless Broken Signal Solutions Market to Reach USD 7,901.1 Million by 2032, Driving 6.5% CAGR Growth
The global industrial wireless broken signal solutions market is projected to experience remarkable growth over the next decade, with its market share anticipated to reach a value of USD 7,901.1 million by 2032, surging at 6.5% CAGR. This significant expansion underscores the growing importance of robust wireless connectivity in industrial applications, fueled by advancements in technology and the rising …
Global Robot Pedestal Market Size to Forecasted Reach USD 55 Billion by 2033, Growing at a CAGR of 10.6% | FMI Study
The global robot pedestal market is set to experience remarkable growth, with an anticipated valuation of USD 20 billion by the end of 2023. Driven by rapid advancements in automation across industries, the market is forecasted to achieve a CAGR of 10.6%, soaring to USD 55 billion by 2033. This robust growth reflects the increasing adoption of robot pedestals as an …
FMI Analysis States Global Platform Trolley Market Expected to Reach USD 900 Million by 2033 with a Steady 5% CAGR
The platform trolley market is poised for remarkable growth, projected to expand from a valuation of USD 500 million in 2023 to an estimated USD 900 million by 2033. This steady 5% compound annual growth rate (CAGR) underscores the increasing adoption of platform trolleys across various sectors. With surging demand for efficiency in material handling and logistics, the platform …
Global Retail Printers Market Size Forecasted to Cross USD 4.9 Billion by 2026, Surging at an Average CAGR of 6.7% | FMI Analysis
The global retail printer market is on track for significant growth, with a projected market valuation exceeding USD 4.9 billion by 2026. This growth is fueled by a Compound Annual Growth Rate (CAGR) of 6.7%, building upon a solid foundation of USD 3.8 billion in sales achieved in 2022. A key factor driving this market expansion is the increasing …