The global protective glove market size is poised for significant growth, reaching US$ 21.2 billion in 2024. The sales of protective gloves are expected to grow at a CAGR of 6.7% from 2024 to 2034. The demand for protective gloves is anticipated to reach a valuation of US$ 40.6 billion by 2034. The primary catalysts advancing the growth of the disposable glove market include the …
Category Archives: Industrial News
FMI Predicts Global Turboexpanders Market Anticipated to Cross to US$ 2 Billion Mark in 2034, Fueled by an Average CAGR of 5.4%
According to Future Market Insights’ latest industry analysis, the global turboexpanders market size is estimated to be around US$ 1.2 billion in 2024. It is projected to exhibit a CAGR growth of 5.40% over the forecast period, with an estimated market size of US$ 2 billion by 2034. The market for turboexpanders has been witnessing significant growth in recent years due to …
Global Industrial Power Supply Market Projected to Surpass US$ 21.5 Billion Valuation by 2034, Driven by an Impressive CAGR of 10.1%
The industrial power supply market is estimated to be worth US$ 8.2 billion in 2024 and is projected to be valued at US$ 21.5 billion in 2034. Between 2024 and 2034, the industry is poised to rise at a CAGR of 10.1%. The growing integration of industrial automation and the implementation of Industry 4.0 initiatives are contributing to a heightened demand for dependable and …
Global Boiler Control Market Set to Reach US$ 4.5 Billion by 2034, Driven by a Decent CAGR of 7.1% | FMI Analysis
The size of the worldwide boiler control market is projected to reach a valuation of around US$ 4.5 billion by 2034. In 2024, its estimated worth will be US$ 2.3 billion. The market is anticipated to expand at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2034. Growth is expected to be fueled by the increasing use of …
Commercial Countertop Ranges Market Set to Hit US$ 15.8 billion by 2033
The global commercial countertop ranges market is projected to reach a valuation of US$ 11.4 billion by 2023. With an increasing demand for compact and portable cooking equipment, the market is expected to grow at a steady CAGR of 3.3% from 2023 to 2033, reaching approximately US$ 15.8 billion by 2033. Advancements in technology are …
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Portable Buffet and Drop-in Ranges Market Analysis: Industry to Rise at US$ 1,629.7 Million by 2033
The food service industry thrives on flexibility and efficiency. Portable buffets and drop-in ranges address these needs perfectly. Portable buffets offer versatility for catering events and temporary food service setups, while drop-in ranges provide modularity for commercial kitchens. Let’s explore the current landscape, opportunities for manufacturers, and future trends of these heating up market segments. …
Tree Milling Machine Market Analysis: Industry worth US$ 1,630.1 million by 2033
The global tree milling machine market is expected to achieve a valuation of US$ 1,178.2 million by 2023, with a slow but steady 3.3% compound annual growth rate (CAGR) projected until 2033, reaching a valuation of US$ 1,630.1 million. In 2022, the market was valued at US$ 1,140.6 million, and a 4.8% year-on-year (Y-o-Y) growth …
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Hedge Trimmers Market Anticipated to Reach US$ 1,200 million by 2033
Hedge trimmers are the go-to tools for maintaining sculpted hedges, bushes, and landscapes. The hedge trimmers market is experiencing significant growth, fueled by a combination of factors that encourage homeowners and professionals alike to invest in these power tools. Let’s dive deeper into the current market landscape, opportunities for manufacturers, and the promising future scope …
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Glass Forming Machine Market Demand: Industry Soaring at US$ 430 billion by 2033
Future Market Insights projects substantial growth for the glass forming machine market, with expectations of reaching a valuation of US$ 270 billion by the conclusion of 2023. Forecasts suggest a robust CAGR of 4.8%, propelling the global demand for glass forming machines to US$ 430 billion by 2033. The escalating demand for glass products across …
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Leather Embossing Machine Market Revenue: Industry Anticipated US$ 70 billion by 2033
Leather embossing machines add a touch of class and sophistication to leather products. These machines create raised or sunken designs on leather surfaces, used for everything from personalized wallets and belts to high-end furniture and automotive interiors. The leather embossing machine market is experiencing growth, driven by an increasing demand for customized and premium leather …