The direct drive wind turbine market is anticipated to witness remarkable growth, projecting a valuation surpassing US$ 14.6 billion by 2022 and demonstrating an impressive Compound Annual Growth Rate (CAGR) of 16.2% from 2022 to 2032. With forecasts indicating a market size exceeding US$ 18.3 billion by 2032, this surge is primarily attributed to the innovative features …
Category Archives: Industrial News
Global Personal Protective Equipment Market on Track for US$ 69,169.3 Million Valuation by 2034 with Steady 5.5% CAGR
The global personal protective equipment market is poised for exceptional expansion, with projections indicating a robust Compound Annual Growth Rate (CAGR) of approximately 5.5% from 2024 to 2034. From its estimated value of US$ 40,378.9 million in 2024, the industry is on a trajectory towards surpassing a significant milestone, reaching a pinnacle worth over US$ 69,169.3 million …
Global End-of-Pipe Air Pollution Control Equipment Market on Track for Steady Growth at 5% CAGR | FMI Analysis
The global market for end-of-pipe air pollution control equipment is forecasted to follow a sustainable trajectory, driven by a notable Compound Annual Growth Rate (CAGR) of 5% from 2022 to 2032. This growth trend not only reflects market dynamics but also mirrors a collective dedication towards enhancing air quality and bolstering environmental safety. End-of-pipe technology stands as …
Marine Crane Market Poised for Significant Expansion, Projected to Reach US$ 7,945.2 Million by 2032 with Strong 7.5% CAGR
The global marine cranes market is poised for substantial growth, foreseeing a noteworthy elevation to a valuation of US$ 7,945.2 million by 2032, representing a remarkable surge from its 2022 figure of US$ 3,868.2 million. This impressive trajectory is underpinned by a robust Compound Annual Growth Rate (CAGR) of 7.5% forecasted for the duration. Marine cranes, renowned …
Fruit Processing Equipment Market worth US$ 6,934.7 Million by 2033
According to Future Market Insights, the global fruit processing equipment market size is anticipated to grow from US$ 3,800 Million in 2023 to US$ 6,934.7 Million by 2033, with overall sales accelerating at 6.2% CAGR throughout the forecast period (2023 to 2033). Rising consumption of processed fruit products across the world, growing need for extending …
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Commercial Convection Ovens Market Surges to US$ 297.2 Million by 2033
The commercial convection oven market is sizzling with activity, driven by a rising demand for efficient and versatile cooking solutions in professional kitchens. Here’s a breakdown of the current landscape, exciting opportunities for manufacturers, and a glimpse into the future of this essential equipment category. Current Scenario: Market Growth: The commercial convection oven market is …
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Small Brewery Equipment Market Growth: Industry Rising to US$ 1,809.7 Million by 2033
Future Market Insights research indicates that the small brewery equipment market is expected to grow at a CAGR of 3.9% throughout the forecast period. Projections suggest that by 2033, the market will reach a value of US$ 1,809.7 Million, up from US$ 1,234.4 Million in 2023. Over the forecast period, the small brewery equipment industry …
Modular Construction Market Trend: Industry to Reach US$ 199.11 billion by 2033
The modular construction market is experiencing a period of significant growth, driven by several key factors. Here’s a breakdown of the current landscape, exciting opportunities for manufacturers, and a glimpse into the future of this innovative building technique. Current Scenario: Rising Demand: The global modular construction market is witnessing steady growth, fueled by an increasing demand …
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ISO Container Market Projected to Reach US$ 630.97 million by 2033
The ISO container market is projected to secure a valuation of US$ 266.53 million in 2023 and is expected to rise to US$ 630.97 million by 2033. The market is anticipated to register a CAGR of 9% during the forecast period. The growing industrialization, urbanization and population are increasing the adoption of ISO containers. The …
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Regenerative Blowers Market Size Soars to US$ 1,393.21 million by 2033
The regenerative blowers market is inflating steadily, driven by several key factors. Here’s a breakdown of the current landscape, promising opportunities for manufacturers, and a peek into the future of this market: Current Scenario: Market Growth: The global regenerative blowers market is experiencing consistent growth, with estimates suggesting a CAGR (Compound Annual Growth Rate) ranging …
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