Category Archives: Industrial News

Safety Light Curtains Market Growth: Industry Reaching to US$ 1.8 billion by 2033

Safety light curtains are crucial components in industrial automation, safeguarding personnel from hazards in work zones around machinery. These light barriers utilize beams of light to detect an object’s intrusion, triggering an immediate machine shutdown to prevent accidents. The safety light curtains market is currently experiencing a positive trajectory, driven by several key factors. Market …

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Cycling Power Meter Market Soars to US$ 647.4 million by 2033

The global cycling power meter market was anticipated at US$ 390.6 million in 2022. The sector is gaining pace as companies provide technologically improved cycling power meters with various integrated technologies. As of 2033, the market is expected to garner a valuation of US$ 647.4 million in 2033, recording a CAGR of 4.7% from 2023 to 2033. The market is likely to …

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Selective Laser Sintering Equipment Market Surges to US$ 4.2 billion by 2033

Selective Laser Sintering (SLS) equipment is a cornerstone technology in the 3D printing industry, enabling the creation of complex and functional prototypes and end-use parts. The selective laser sintering (SLS) equipment market is experiencing significant growth, driven by several key factors: Current Scenario: A Thriving Landscape Market Growth: Industry analysts predict the Selective Laser Sintering Equipment …

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FMI Analysis Highlights Automatic Cattle Waterer Market Surging Towards US$ 975 Million Valuation by 2033 with a Steady 5.7% CAGR

The global automatic cattle waterer market is poised for significant expansion, targeting a noteworthy valuation of approximately US$ 560 million by 2023. Positioned for remarkable growth, the market anticipates reaching a robust US$ 975 million by 2033, driven by an admirable Compound Annual Growth Rate (CAGR) of 5.7% during the forecast period. The driving force behind this …

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Global Knife Sterilizer Market Projected to Surpass US$ 918.5 Million Valuation by 2033, Driving a Steady 3.4% CAGR Growth

The global knife sterilizer market was forecasting a valuation of US$ 657.5 million by 2023 while maintaining a consistent Compound Annual Growth Rate (CAGR) of 3.4% from 2023 to 2033. This robust expansion underscores the critical role knife sterilizers play in upholding stringent public health standards. By 2033, the market is anticipated to achieve an impressive valuation …

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Global Commercial Restaurant Ranges Market Poised to Cross US$ 76.8 Billion Valuation by 2033 with a Steady 5.6% CAGR

The commercial electric restaurant ranges market is witnessing significant momentum, with an anticipated valuation of US$ 44.5 billion in 2023. Fueled by ongoing economic expansion and a surge in disposable incomes globally, the market is poised to maintain a robust Compound Annual Growth Rate (CAGR) of 5.6% from 2023 to 2033, ultimately reaching an impressive US$ 76.8 …

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Global Commercial Gas Restaurant Range Market Poised for US$ 24,324 Million Valuation by 2033, Driven by a Steady 5.5% CAGR

The global commercial gas restaurant ranges market is positioned for significant growth, commencing at a substantial valuation of US$ 13,497.6 million in 2022. With a steady Compound Annual Growth Rate (CAGR) of 5.5%, as forecasted by Future Market Insights (FMI), an impressive trajectory is anticipated, projecting a noteworthy value of US$ 24,324 million by the culmination of …

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Global Industrial Battery Chargers Market Projected to Achieve US$ 3.67 Billion Valuation by 2028, Exhibiting a Strong 8.5% CAGR

The global industrial battery charger market is anticipating an impressive Compound Annual Growth Rate (CAGR) of 8.5%. Having already surpassed the noteworthy milestone of US$ 2.25 billion in 2022, projections indicate a substantial increase to an impressive US$ 3.67 billion by 2028. What sets this trajectory apart is the anticipated exponential growth spanning the 2022-2028 period, with …

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Hydrostatic Testing Market Anticipated to Cross US$ 771.9 Million Valuation by 2028, Driven by a Steady 4.8% CAGR | FMI Projection

The hydrostatic testing market anticipates a steadfast year-on-year expansion of 4.8% by the year 2028, culminating in an estimated valuation of US$ 771.9 million. Anchored by a robust Compound Annual Growth Rate (CAGR) of 4.8%, spanning the period from 2022 to 2028, this upward trend is driven by the pivotal role of hydrostatic testing. Future Market Insights …

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Global Microturbines Market Expected to Surpass Valuation of US$ 188.3 Million by 2032, Driven by Robust 10.8% CAGR

The global microturbines market is forecasting an impressive CAGR of 10.8% from 2022 to 2032, expected to cross 188.330 million. The allure of this trajectory is heightened by the deliberate focus of microturbine manufacturers on strategic opportunities emphasizing a compact design, lightweight construction, heightened efficiency, reduced emissions, cost-effective operation, and the remarkable ability to generate electricity from …

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