The global chocolate processing equipment market stands poised for substantial expansion, fueled by a projected Compound Annual Growth Rate (CAGR) of 8.6% from 2023 to 2033. This significant trajectory is anticipated to elevate the market’s value from US$ 2800 million in 2023 to an impressive US$ 6389 million by 2033. Amidst the dynamic landscape of chocolate and …
Category Archives: Industrial News
Global Brewing Supplies Market Projected to Grow at an Average 5.6% CAGR, Reaching US$ 2,511.1 Million by 2033 | FMI Analysis
The global brewing supplies market is poised for dynamic expansion, driven by an impressive Compound Annual Growth Rate (CAGR) of 5.6% projected from 2023 to 2033. Industry experts foresee this upward trajectory propelling the market’s value from its 2023 figure of US$ 1,456.2 million to an impressive US$ 2,511.1 million by the culmination of 2033. This notable …
Global Beverage Processing Equipment Market Projected to Drive Revenue of US$ 12.8 Billion by 2033, Growing at a Steady 4.9% CAGR
The global beverage processing equipment market is driven by a noteworthy Compound Annual Growth Rate (CAGR) of 4.9% over the next decade. By the year 2033, the market aims to achieve a valuation of US$ 12.8 billion, reflecting a substantial increase from the recorded US$ 7.7 billion in 2023. The global beverage scene has witnessed a seismic …
Global Safety Valve Market Forecasted to Drive Past US$ 10.0 Billion by 2033, Driven by an Impressive CAGR of 8.6% | FMI Analysis
The global safety valve market totalled US$ 4.0 billion in 2022 and is set to reach US$ 4.4 billion by 2023. Over the forecast period, global demand for safety valves is predicted to surge at 8.6% CAGR. By 2033, total revenue is projected to reach US$ 10.0 billion. The oil and gas sector is anticipated to continue as the primary end-user of safety valves …
Global Forged and Casting Component Market Projected to Exceed Valuation of US$ 17,146.7 Million by 2033, Driven by an Average 6.0% CAGR
The global forged and casting components market value observed a 5.2% year-on-year growth in 2022 and is estimated to reach US$ 9,591.6 million in 2023. Over the assessment period, global sales of forged and casting components are projected to rise at 6.0% CAGR, culminating in a market size of US$ 17,146.7 million by 2033. Demand for forged and casting components is anticipated to remain …
FMI Projects Global Miter Saw Market to Surpass Valuation of US$ 1,788.50 Million by 2034, Driven by a Steady CAGR of 4.80%
The global miter saw market value is expected to rise from US$ 1,087.6 million in 2024 to US$ 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 Expected to Drive US$ 1,281.70 Million Revenue by 2034, Fueled by a Steady CAGR of 2.50%
The global bead winding machine market is predicted to capture a valuation of US$ 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 US$ 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 Predicts Global Internal Gear Pump Market to Gear Up for US$ 857.2 Million by 2034, Growing at a Steady CAGR of 4.2%
The internal gear pump market is worth US$ 529.1 Million in 2023. The demand for internal gear pumps is expected to surge at a CAGR of 4.2% over the forecast periods. The global internal gear pump industry is estimated to reach US$ 857.2 Million by 2034, rising from US$ 552 Million in 2024. The internal gear pump …
Global Industrial Paper Cutter Market Projected to Surpass Valuation of US$ 1,368.20 Million by 2034, Driven by a Steady CAGR of 3.60%
The industrial paper cutter market is anticipated to grow significantly over the next decade, with a projected valuation of US$ 998.5 million by 2024. The increasing demand for efficient paper-cutting solutions across various industries, such as publishing, printing, and packaging, is one of the key factors driving this growth. Technological advancements and automation in paper-cutting operations are expected to …
Global Airfield Fencing Market to Reach US$ 2,798.80 Million by 2034, Driven by a Steady CAGR of 2.50% | FMI Analysis
The airfield fencing market is predicted to be valued at US$ 2,123.4 million in 2024 and US$ 2,798.80 million by 2034. Over the projection period, the airfield fencing market is expected to surge at a CAGR of 2.50%. With increasing instances of unauthorized drone activities and security breaches, airports seek robust perimeter solutions, fueling demand for advanced, integrated fencing systems that effectively detect …