The soil testing market is poised for significant expansion, with revenues forecasted to soar from USD 3.19 billion in 2023 to an impressive USD 5.15 billion by 2033. This upward trajectory is supported by a robust Compound Annual Growth Rate (CAGR) of 4.9% over the span of a decade. The escalating demand for soil testing originates from …
Category Archives: Industrial News
Global Water Source Heat Pump Market Expected to Drive Past USD 1,617.5 Million Revenue by 2033, Driven by 4.9% CAGR
According to the latest analysis by FMI, the global water source heat pump market is poised for significant growth, with projections indicating a valuation exceeding USD 1,617.5 million by 2033, backed by a resilient Compound Annual Growth Rate (CAGR) of 4.9%. A key factor propelling this upward trajectory is the increasing adoption of bio-based infrastructure, reflecting a …
Global Steel Pipe Market Revenue Share to Exceed USD 143.50 Billion Milestone by 2033, Driven by a Steady 3.9% CAGR | FMI Analysis
Future Market Insights forecasts significant growth in the global steel pipe market, projecting a valuation of USD 143.50 billion by 2033, sustaining a consistent Compound Annual Growth Rate (CAGR) of 3.9%. This projection builds upon the industry’s momentum, with an anticipated valuation of USD 97.88 billion in 2023. The study highlights the resilience and indispensable role …
Global Thickness Planers Market Anticipated to Reach USD 3.2 Billion Revenue Share by 2033, Surging at an Average 5.4% CAGR
According to Future Market Insights, the thickness planers market is projected to achieve a significant valuation of USD 3.2 billion by 2033, fueled by a steady Compound Annual Growth Rate (CAGR) of 5.4%. This projection indicates sustained and substantial expansion, building upon the industry’s milestone achievement of USD 1.9 billion in 2023. The enduring reliance of the …
Global General Purpose Electronic Test and Measurement Instruments Market Set to Reach USD 20.8 Billion by 2033, Growing at 9.7% CAGR
The global general purpose electronic test and measurement instruments market is poised for transformative growth, with projections indicating a significant valuation exceeding USD 20.8 billion by 2033, driven by a robust Compound Annual Growth Rate (CAGR) of 9.7% forecasted between 2023 and 2033. This substantial growth underscores the persistent demand for innovative solutions within the industry. At …
FMI States Global Copper Pipes and Tubes Market to Reach USD 48.8 Billion Valuation by 2033, Driving Steadily at 3.2% CAGR Growth
The copper pipes and tubes market is poised for significant growth, projecting a Compound Annual Growth Rate (CAGR) of 3.2% over the forecasted period. This trajectory is expected to culminate in a substantial market value surpassing USD 48.8 billion by 2033. This anticipated growth exceeds traditional statistical predictions, highlighting the enduring versatility and significance of copper across …
Global Welding Fume Extraction Equipment Market Expected to Drive Past USD 7.4 Billion Milestone by 2033, Growing at 5.5% CAGR
The welding fume extraction equipment market is poised for significant expansion, with a projected valuation of approximately USD 4.3 billion in 2023, driven by a robust Compound Annual Growth Rate (CAGR) of 5.5% from 2023 to 2033. As the forecast period concludes, global sales of welding fume extraction equipment are expected to reach a substantial USD 7.4 …
Global Electric Resistance Welded (ERW) Pipes and Tubes Market Predicted to Exceed USD 119.4 Million by 2033, Surging at 5.2% CAGR
The electric resistance welded (ERW) pipes and tubes market is poised for substantial growth, with a projected valuation of USD 71.9 million by 2023. This positive trajectory is anticipated to continue, fueled by an impressive Compound Annual Growth Rate (CAGR) of 5.2% from 2023 to 2033. Consequently, the market is on track to attain a formidable valuation …
FMI Projects Africa Zero Liquid Discharge System Market Gears Up for USD 53.1 Million by 2033, Driven by an Average 5.6% CAGR
The Africa zero liquid discharge system market is poised for significant advancement, with a projected valuation surpassing USD 53.1 million by 2033. This growth trajectory, characterized by a robust Compound Annual Growth Rate (CAGR) of 5.6% from 2023 to 2033, is underpinned by several factors, including the adoption of cutting-edge wastewater treatment processes and the notable efficiency …
Global Microbrewery Equipment Market Anticipated to Drive Past USD 1,364.5 Million by 2033, Growing at 3.3% CAGR | FMI Study
The global microbrewery equipment market embarks on a trajectory of consistent growth, commencing with a valuation of USD 986.2 million in 2023. Fueled by the burgeoning popularity of craft beer consumption worldwide, the demand for microbrewery equipment is poised to maintain a steadfast Compound Annual Growth Rate (CAGR) of 3.3% from 2023 to 2033. This upward trajectory …