In 2022, the global liquid filtration market achieved sales revenue of USD 2.5 billion. Projections indicate a robust increase in demand, with a compound annual growth rate (CAGR) of 7.9% expected from 2023 to 2033. The latest analysis forecasts substantial market expansion, with the global liquid filtration market size anticipated to grow from USD 2.7 billion in …
Category Archives: Industrial News
FMI Study Projects Global Reference Designs Market Value to Reach USD 71.8 Billion Mark by 2033, Surging at 11.3% CAGR
The global reference designs market is expected to be valued at USD 24.6 billion in 2023. The market is expected to reach USD 71.8 billion by 2033, rising at an 11.3% CAGR. Demand for these designs is driven by the many elements that influence the growth trajectory of the reference design industry. The reference design business is primarily driven by the …
FMI Research Indicates Global Miter Saw Market Revenue Share to Exceed USD 1,788.50 Million by 2034, Surging at 4.80% CAGR
The global miter saw market value is expected to rise from USD 1,087.6 million in 2024 to USD 1,788.50 million by 2034. This estimated growth is expected to be driven by a moderate CAGR of 4.80% in the miter saw market over the next decade. Home renovation and DIY projects are increasing across the globe. With rising investments to elevate living spaces, miter …
Global Bead Winding Machine Market Size Forecasted to be Valued at USD 1,281.70 Million by 2034, Surging Steadily at 2.5% CAGR
The global bead winding machine market is predicted to capture a valuation of USD 972.4 million in 2024 with a CAGR of 2.50% during the forecast period. The global market is anticipated to secure a valuation of USD 1,281.70 million by 2034. Manufacturers are adopting intelligent and cutting-edge technology to develop automatic bead winding machines for making highly efficient tires that attract end …
FMI Study States Global Wire Compounds and Cable Compounds Market Size to Hit USD 28 Billion Mark by 2033, Surging at 7.2% CAGR
The global wire and cable compounds market is set for remarkable expansion, with projections indicating a market value of USD 13.9 billion in 2023, expected to soar to an impressive USD 28 billion by 2033, fueled by a robust compound annual growth rate (CAGR) of 7.2%. This sector emerges as a vibrant center of innovation and opportunity, offering significant …
FMI Analysis Indicates Global Printed Circuit Boards (PCBs) Market Size to Hit USD 104.8 Billion by 2033, Driven by 5.1% CAGR Growth
The printed circuit boards (PCBs) market is poised for remarkable growth, with projections indicating an extraordinary valuation surpassing USD 104.8 billion by 2033. Fueled by a consistent compound annual growth rate (CAGR) of 5.1% forecasted from 2023 to 2033, this ascent highlights the pivotal role of PCBs in shaping the rapidly evolving technological landscape. Driving this remarkable market expansion …
FMI Analysis States Global Chip Warmer Market Size to Exceed USD 5.1 Billion Mark by 2033, Growing Steadily at 4% CAGR
The global chip warmers market, valued at USD 3.4 billion in 2023, is projected to experience a robust and steady upward trajectory, boasting a compound annual growth rate (CAGR) of 4.0% from 2023 to 2033. By 2033, this market is anticipated to reach a significant milestone of USD 5.1 billion, indicative of the escalating demand for these …
Global MEMS Oscillator Market Set to Surpass USD 1.45 Billion by 2034, Driven by 9.8% CAGR, Amid Rising Adoption in IoT Devices | Future Market Insights, Inc.
The MEMS oscillator market is anticipated to increase at a 9.8% CAGR between 2024 and 2034, from USD 1.45 Billion in 2024 to USD 568.76 Million by 2034, according to a recent analysis. The market is growing due to miniaturization trends and MEMS technology improvements, which are meeting the growing need for dependable, energy-efficient, and compact timing …
Global Air Compressor Filters and Compressed Air Dryers Market Size to Reach USD 10.4 Billion by 2033, Growing at 6.1 % CAGR
The global air compressor filters and compressed air dryers market is positioned for substantial growth, with a projected valuation of USD 10.4 billion by 2033. This expansion is anticipated to occur at a steady Compound Annual Growth Rate (CAGR) of 6.1% from 2023. The market is expected to reach a significant milestone in 2023, with a projected valuation of …
Western Europe Aircraft Ground Support Equipment Industry to Exceed USD 3,569.83 Million by 2034, Amidst Electrification and Automation Trends
The aircraft ground support equipment industry in Western Europe is poised for substantial growth, as revealed in a recent analysis by Future Market Insights (FMI). The report projects a compound annual growth rate (CAGR) of 5.5% from 2024 to 2034, driven by key technological advancements and sustainability initiatives. The market is set to grow from a valuation of USD …