The industrial film market is expected to witness a CAGR of 5.9% through 2034. The market is expected to reach a valuation of USD 62.0 Billion in 2024 and USD 110.0 Billion by 2034. The market’s growth is driven by several factors, including the expansion and modernization of industries worldwide, which are increasingly turning to functional and protective films to ensure the safety …
Category Archives: Industrial News
Global Metal-air Battery Market Size Projected to Drive Past USD 2.8 Billion Mark by 2034, Driving a Strong Growth of 15.2% CAGR
According to Future Market Insights (FMI), the growing popularity of electronic devices, the adoption of electric vehicles, and developments in laser and 3D printing are expected to drive the global metal-air battery market towards a USD 2.8 Billion valuation by 2034. From 2024 to 2034, the market is anticipated to expand at a CAGR of 15.2%. Metal-air batteries are expected …
Global Degaussing System Market Revenue to Exceed USD 925 Million Mark by 2034, Growing Steadily at 3.6% CAGR
The degaussing system market is expected to be valued at USD 647.5 Million by 2024. The market valuation is estimated to be USD 925 Million by 2034, projected at a CAGR of 3.6%. Advanced materials might be incorporated into future degaussing systems to reduce magnetic signatures. Various naval vessels could be made from these materials, which would make them more efficient and …
FMI Projection States Global DC Drive Market Anticipated to Reach USD 9.8 Billion Revenue by 2034, Driven by an Average 5.3% CAGR
The DC drive market had an estimated market size of USD 5.5 Billion in 2023 and is expected to reach a global market size of USD 9.8 Billion by 2034, increasing at a CAGR of 5.3% between 2024 and 2034. By 2024, the market for DC drive is likely to reach a valuation of USD 5.8 Billion. The market is mostly driven by the …
Europe Multi Attachment Loaders Market Size Rising to USD 1,173 million by 2033
The Europe multi-attachment loaders market is experiencing a surge in growth, driven by a perfect blend of internal and external factors. These versatile workhorses offer a compelling solution for various industries, attracting increasing attention across the continent. Here’s a closer look at the forces shaping this market, emerging trends, and exciting opportunities for stakeholders: Market …
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End Suction Pump Market Growth: Industry Surges to USD 6.8 billion by 2033
End suction pumps are the dependable workhorses of the pumping world, widely used for industrial, municipal, and agricultural applications. The global end suction pump market is experiencing steady growth, driven by several key factors shaping the current scenario, presenting exciting opportunities, and paving the way for a promising future scope. Current Scenario: A Wellspring of …
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Magnetic Drive Pump Market Projected to Reach USD 1251 Million by 2033
Magnetic drive pumps (MDPs) are making waves in the industrial world, offering a compelling alternative to traditional pumps. The global magnetic drive pump market is experiencing steady growth, driven by several key factors: Market Drivers: A Powerful Current Focus on Leak Prevention: MDPs eliminate the risk of leaks associated with traditional pumps that use a …
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Ultra Short Base Line Positioning Systems Market Rising to USD 256.8 billion by 2033
The global Ultra Short Base Line Positioning Systems Market is projected to reach a value of USD 135.3 million in 2022, with sustained demand expected for bridge expansion joints throughout the assessment period. Notably, the escalating demand for offshore equipment is poised to drive significant growth, reaching a remarkable valuation of USD 256.8 billion by 2033, …
Heavy Duty Heat Pump Market Anticipated to Reach at USD 4.8 Billion by 2033
Heavy-duty heat pumps are emerging as powerful alternatives to traditional heating and cooling systems for commercial and industrial buildings. This heavy duty heat pump market is experiencing significant growth, driven by several key factors: Market Drivers: Turning Up the Efficiency Rising Energy Costs: The increasing cost of conventional energy sources like natural gas and electricity …
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Mini Cranes Market Analysis: Industry worth USD 761 million Valuation by 2033
As per Future Market Insights (FMI), the global mini cranes market value is expected to rise from USD 422.2 million in 2023 to USD 761 million by 2033. Global sales of mini cranes between 2023 and 2033 are projected to rise at a robust CAGR of 6%. Mini cranes are becoming necessary as a result of the growing construction sector and the rise of …
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