The global continuous miners market is witnessing significant growth, characterized by a Compound Annual Growth Rate (CAGR) of 3.3% expected from 2023 to 2033. This trajectory is poised to result in a substantial valuation exceeding US$ 4,416.6 million by 2033, with a notable milestone predicted to reach around US$ 3,193.3 million by 2023. The escalating demand for …
Category Archives: Industrial News
FMI Analysis Affirms Global Ice Cream Processing Equipment Market to Surge Past US$ 13.6 Billion Mark by 2033, Riding a Steady 3.5% CAGR
The ice cream processing equipment market is forecasted to surpass a value of US$ 13.6 billion by 2033, driven by a consistent Compound Annual Growth Rate (CAGR) of 3.5%, as indicated by recent analysis conducted by FMI. This projection underscores the enduring attractiveness and sustained growth potential within the sector, reflecting the evolving preferences of consumers. The …
Global Large Scale Bearings Market Predicted to Exceed US$ 760.3 Million Milestone by 2033, Driven by an Impressive 8.0% CAGR | FMI Analysis
The global large scale bearing market is projected to witness substantial growth, with a noteworthy Compound Annual Growth Rate (CAGR) of 8.0% expected between 2023 and 2033, reaching an estimated value of US$ 760.3 million. This anticipated expansion reflects significant shifts in various industries, spurred by relentless technological advancements. Driving this upward trend is a notable increase …
FMI Analysis Affirms Global Helical Submerged Arc Welded (HSAW) Pipes Market to Reach US$ 7.8 Billion Mark by 2033, Driven by a Steady 3.3% CAGR
The global helical submerged arc welded (HSAW) pipes market is positioned to achieve a substantial valuation exceeding US$ 7.8 billion by 2033. With a significant valuation of US$ 5.4 billion in 2022 and a projected increase to US$ 5.7 billion in 2023, the market illustrates a consistent growth trend, underscored by a steady Compound Annual Growth Rate …
Africa Zero Liquid Discharge System Market Revenue to Cross US$ 53.1 Million Milestone by 2033, Growing with an Average 5.6% CAGR | FMI Analysis
The Africa zero liquid discharge system market is poised for significant advancement, with a projected valuation surpassing US$ 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 …
Air Cooled Cube Ice Machine Market Value Rising to US$ 3.63 billion by 2033
According to Future Market Insights (FMI), the global demand for air cooled cube ice machine is forecast to grow by 8% between 2023 and 2033, reaching US$ 3.63 million in 2033, estimates FMI. There was significant growth in sales between 2018 and 2022, growing at a CAGR of 5%. Ice machines with air cooling are …
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Exhaust Hood Filters and Cleaning Kits Market to Reach US$ 34 billion by 2033, expanding at an 8% CAGR
Exhaust hood filters and cleaning kits play a vital role in commercial kitchens, safeguarding air quality and preventing fire hazards. These essential components capture grease, smoke, and odors from cooking exhaust, ensuring a safe and healthy environment for chefs and staff. Let’s delve into the current state of the exhaust hood filters and cleaning kits …
Commercial Ice Equipment and Supplies Market Analysis: Industry worth US$ 13.6 billion by 2033
The global commercial ice equipment and supplies market is projected to reach a value of US$ 7.9 billion by 2023. With the integration of IoT and AI technologies, this market is poised for a significant expansion, with a forecasted CAGR of 5.5% from 2023 to 2033, reaching approximately US$ 13.6 billion by 2033. As awareness …
Transmission Sales Market Value Reaching to US$ 31.5 billion by 2033
Transmissions, the unsung heroes of the transportation world, are the powertrains that seamlessly transfer engine power to wheels. They play a vital role in various applications, from automobiles and light trucks to heavy machinery and industrial equipment. Let’s shift gears and explore the current landscape of the transmission sales market, identify exciting opportunities for manufacturers, …
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Asia Pacific Hydraulic Hose Assemblies Market Projected US$ 6,137.5 million Valuation by 2033
According to Future Market Insights (FMI), the Asia Pacific hydraulic hose assemblies market value will reach US$ 3,275.7 million in 2023. Over the assessment period from 2023 to 2033, sales of hydraulic hose assemblies in Asia Pacific are expected to soar at 6.5% CAGR. At the end of 2033, total market value is projected to …