The global countertop griddle market is on track for significant growth, with a projected valuation of US$ 3.9 billion by 2033. This expansion is fueled by a consistent Compound Annual Growth Rate (CAGR) of 4.8% from its current market size of US$ 2.4 billion in 2023. The countertop griddle market is not only experiencing steady growth, but …
Category Archives: Industrial News
FMI Analysis Predicts Global Corn Puff Making Machines Market Set to Surpass US$ 4 Billion by 2033, Riding a Decent 7.6% CAGR Growth
The global corn puff making machines market is predicted to reach a significant milestone, exceeding US$4 billion by 2033. This substantial growth is fueled by a robust Compound Annual Growth Rate (CAGR) of 7.6%, according to a recent analysis by Future Market Insights (FMI). The market has already achieved a notable valuation of US$1.9 billion in 2023, …
FMI Analysis Projects Global Food Extruder Market Expected to Reach US$ 87.2 Billion by 2033, Driven by a Steady CAGR of 3.9%
The global food extruder market is currently holding a significant valuation of US$ 59.6 billion and demonstrating sustained momentum. Projections highlight a steady Compound Annual Growth Rate (CAGR) of 3.9% throughout the forecast period, aiming to propel the market to an impressive US$ 87.2 billion by 2033. Renowned for its technological advancements, food extrusion emerges as a …
FMI Analysis Predicts Global Electric Kebab Machine Market Set to Surpass US$ 560 Million Milestone by 2033, Growing with 6.7% CAGR
The global electric kebab machine market, currently valued at US$ 292 million, is poised for sustained growth, driven by robust projections. Forecasts indicate a strong Compound Annual Growth Rate (CAGR) of 6.7% from 2023 to 2033, aiming for an impressive valuation of US$ 560 million. An electrifying innovation in culinary technology, the electric kebab machine distinguishes …
Global Electric Resistance Welded (ERW) Pipes and Tubes Market Set to Cross US$ 119.4 Million Revenue by 2033, Growing with Steady 5.2% CAGR
The electric resistance welded (ERW) pipes and tubes market is poised for substantial growth, with a projected valuation of US$ 71.9 million by 2023. This positive trajectory is anticipated to continue, fueled by an impressive Compound Annual Growth Rate (CAGR) of 5.2% from 2023 to 2033. Consequently, the market is on track to attain a formidable valuation …
Global Welding Fume Extraction Equipment Market Anticipated to Reach US$ 7.4 Billion Valuation by 2033, Driven by an Average 5.5% CAGR
The welding fume extraction equipment market is poised for significant expansion, with a projected valuation of approximately US$ 4.3 billion in 2023, driven by a robust Compound Annual Growth Rate (CAGR) of 5.5% from 2023 to 2033. As the forecast period concludes, global sales of welding fume extraction equipment are expected to reach a substantial US$ 7.4 …
FMI Analysis Reveals Global Copper Pipes and Tubes Market Set to Reach US$ 48.8 Billion Revenue by 2033, Driven by a Steady CAGR of 3.2%
According to a comprehensive analysis by FMI, the copper pipes and tubes market is poised for significant growth, projecting a Compound Annual Growth Rate (CAGR) of 3.2% over the forecasted period. This trajectory is expected to culminate in a substantial market value surpassing US$ 48.8 billion by 2033. This anticipated growth exceeds traditional statistical predictions, highlighting the …
FMI Analysis Forecasts Global Water Source Heat Pump Market Revenue to Surpass of US$ 1,617.5 Million by 2033, Growing at a Steady 4.9% CAGR
According to the latest analysis by FMI, the global water source heat pump market is poised for significant growth, with projections indicating a valuation exceeding US$ 1,617.5 million by 2033, backed by a resilient Compound Annual Growth Rate (CAGR) of 4.9%. A key factor propelling this upward trajectory is the increasing adoption of bio-based infrastructure, reflecting a …
Global Soil Testing Market Revenue to Surpass US$ 5.15 Billion Milestone by 2033, Growing at a Steady CAGR of 4.9% | FMI Projection
The soil testing market is poised for significant expansion, with revenues forecasted to soar from US$ 3.19 billion in 2023 to an impressive US$ 5.15 billion by 2033. This upward trajectory is supported by a robust Compound Annual Growth Rate (CAGR) of 4.9% over the span of a decade. The escalating demand for soil testing originates from …
FMI Projection States Global Safety Relays Market Expected to Reach US$ 1.4 Billion Milestone by 2033, Driven by an Impressive CAGR of 8.3%
The safety relays market is positioned for notable growth, with a projected Compound Annual Growth Rate (CAGR) of 8.3% from 2023 to 2033. Projections indicate significant revenue expansion, with the market anticipated to elevate from US$ 630.3 million in 2023 to an impressive US$ 1.4 billion by 2033, marking a substantial increase from its 2022 valuation of …