New Product Development
The industrial solar water heaters market is poised to reach a market value of USD 791.8 Million by 2022, with further growth projected to USD 1,138.9 Million by 2032, reflecting a compounded annual growth rate (CAGR) of 3.7% during the forecast period. The escalating demand for industrial solar water heaters from end-user industries and commercial sectors …
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The diaphragm pumps market is anticipated to thrive at a steady CAGR of 6.4% between 2023 and 2033. The market is expected to have a market share of USD 9.55 billion by 2033, while it is likely to be valued at USD 5.13 billion in 2023. Industries dealing with chemicals, water-based waste, and the penetration of innovative ideas in agriculture are propelling …
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The global magnetic separators market is projected to achieve a noteworthy valuation of USD 2.2 billion by the year 2033, driven by a robust Compound Annual Growth Rate (CAGR) of 5.0%. This anticipated growth trajectory is underpinned by a confluence of factors, notably the burgeoning demand for clean energy technologies. Against the backdrop of a transformative shift …
A recent study by FMI has forecasted a remarkable trajectory for the global emulsion explosive market, projecting a robust Compound Annual Growth Rate (CAGR) of 5.2%. By 2033, the market is anticipated to exceed a valuation of US$ 4,587.91 million, building upon its already substantial worth of US$ 2,763.49 million as of 2023. Emulsion explosives (EE), …
An analysis conducted by FMI highlights the ambitious trajectory of the global regenerative thermal oxidizer market, targeting a substantial milestone exceeding USD 13 billion by the year 2032. This notable progression marks a significant departure from the market’s valuation of USD 9 billion in 2021, underscoring its robust growth potential. Initial forecasts had anticipated regenerative thermal …
According to a recent analysis by FMI, the global metal recycling equipment market is on a trajectory towards significant expansion, targeting a valuation surpassing USD 18 billion by the year 2033. This projection marks a substantial increase from its recorded value of USD 7.26 billion in 2023 and signals a notable surge in sales compared to the …
A projection by FMI analysis suggests that the global rotary indexers market is poised for substantial growth, targeting a commendable valuation of USD 1,096.16 million by the year 2032, propelled by a robust Compound Annual Growth Rate (CAGR) of 3.2%. In the dynamic realm of automation, rotary indexers have emerged as pivotal components, orchestrating precision and efficiency …
The projection by FMI indicates a promising surge in the global power stacker market, with an anticipated compound annual growth rate (CAGR) of 5.5% from 2022 to 2032. The industry is projected to surpass USD 3.3 billion market valuation by 2032. This forecast underscores the pivotal role that power stackers are poised to assume in the …
FMI’s forecast indicates a robust trajectory for the global marine cranes market, with an anticipated surge to a valuation exceeding USD 7,945.2 million by 2032, marking a substantial increase from its 2022 figure of USD 3,868.2 million. This remarkable growth is driven by a projected Compound Annual Growth Rate (CAGR) of 7.5% over the forecast period. …
FMI’s analysis forecasts a sustainable trajectory for the global end-of-pipe air pollution control equipment market, driven by a notable Compound Annual Growth Rate (CAGR) of 5% from 2022 to 2032. This growth not only reflects market dynamics but also reflects a collective commitment to improving air quality and bolstering environmental safety. End-of-pipe technology plays a pivotal …
