The global industrial gas stove market is poised for steady growth, with a projected valuation of US$ 12.25 billion by 2033. This expansion is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 3.3% from 2023, according to projections by Future Market Insights (FMI). Industrial gas stoves are more than just appliances; they play a …
Category Archives: Industrial News
FMI Projection Affirms Global Plucker Machine Market Valuation to Surpass US$ 2,474 Million Mark by 2033, Growing with a Steady 4.5% CAGR
The plucker machine market is on a significant upward trajectory, projected to reach a valuation of US$ 2.474 billion by 2033, reflecting a steady Compound Annual Growth Rate (CAGR) of 4.5%. This growth is fueled by the crucial role plucker machines play in the agricultural sector, leading to substantial cost reductions and overall efficiency improvements. Recognizing the …
FMI Study Reveals Global Gas Insulated Substation Market Anticipated to Reach US$ 24.6 Billion Valuation by 2033, Driven by a Steady 5.4% CAGR
The global gas insulated substation market is poised for significant expansion, starting from an estimated value of US$ 14.6 billion in 2023, according to a comprehensive analysis conducted by Future Market Insights (FMI). Projections indicate substantial growth ahead, with the market expected to achieve a valuation exceeding US$ 24.6 billion within the next decade, driven by a …
FMI Prediction Sites Global High Pressure Processing Equipment Market to Reach US$ 1.1 Billion Valuation by 2033, Driven by an Impressive 12.8% CAGR
The high pressure processing equipment market is on an impressive trajectory, with aspirations to achieve a valuation surpassing US$ 1.1 billion by 2033. This notable growth is propelled by a compelling Compound Annual Growth Rate (CAGR) of 12.8%, expected from 2023 to 2033. The momentum driving this substantial expansion is fueled by the rise of innovative clean …
Global Polymer Seals Industry Projected to Drive Past US$ 18.7 Billion Revenue Mark by 2032, Driven by a Steady 5.1% CAGR | FMI Prediction
The global polymer seals market expected to drive a promising Compound Annual Growth Rate (CAGR) of 5.1% from 2022 to 2032. The market is poised to achieve a significant milestone, aiming for an impressive US$ 18.7 billion by 2032. Polymer seals play a crucial role across diverse industries, particularly in the manufacturing of subsea equipment, turret swivel …
Global Continuous Miners Market Revenue to Gear Up for US$ 4,416.6 Million Mark by 2033, Driven by a Steady CAGR of 3.3% | FMI Study
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 …
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 …