From 2022 to 2032, the global Hazardous Area Equipment Market is expected to be worth US$ 15.43 billion, growing at a 5.2% CAGR. The term “hazardous area equipment” refers to devices that can limit or mitigate the damage caused by accidents such as fires, or that can function effectively in harsh environments. They consist of …
Category Archives: Industrial News
EMC Shielding and Test Equipment Market is Projected to Exhibit a Strong 4.5% CAGR by 2032: Examination of Growth Factors, Challenges, and Emerging Trends
The EMC shielding and test equipment market will be worth US$ 11 billion in 2032, up from US$ 7.1 billion in 2022, according to Future Market Insights (FMI). Over the forecast period, it is expected to grow at a healthy 4.5% CAGR. Because of the increased use of consumer communication devices, frequency wave interferences, also …
Desiccant Wheel Market: Overview, Data Updates, Reports Analysis & Forecast 2022 to 2032 | FMI
From 2022 to 2032, the global desiccant wheel market is expected to grow at a 5.1% CAGR, rising from an initial valuation of US$ 431.5 Million in 2022 to US$ 708.4 Million in 2032. Desiccant dehumidifiers have proven to be significantly more effective and faster than compressor-based dehumidifiers, increasing desiccant wheels’ market share. Rising electricity …
Slitting Machine Market to Display Impressive Growth of CAGR of 3.2% by 2032, with Rising Demand
The global slitting machine market is expected to be worth US$ 682 million by 2032, growing at a CAGR of 3.2% over the forecast period. A slitting machine is frequently used to cut paper, plastic film, and metal foil. Slitting soft materials with circular or straight blades is possible. A large roll of hard material, …
Electric & Hydraulic Wellhead Drives for Onshore Application Market Insights By Type, Industry, Application, End-User & Forecast 2022 to 2032 | FMI
The global electric and hydraulic wellhead drives for onshore application market is expected to grow at a moderate rate of 8.4% during the forecast period. In 2022, the market is currently valued at US$ 167.19 Million. By 2032, the onshore market for electric and hydraulic wellhead drives is expected to reach US$ 374.53 million. The …
Industrial Motors Market is expected to grow at a 3.5% CAGR, resulting in a valuation of approximately US$ 917.3 Million by 2032 | FMI
From 2022 to 2032, the global industrial motors market is expected to grow at a 3.5% CAGR, reaching a value of more than US$ 917.3 million in 2032. Several government agencies, including the European Water Association (Europe), the Environmental Protection Agency (US), and the India Water Works Association (India), are actively developing laws and regulations …
Vacuum Cleaner Filter Market is projected to expand at an impressive CAGR of 9.3% from 2022 to 2032 | FMI Study
According to Future Market Insights (FMI), the global vacuum cleaner filter market will be worth US$ 1924.1 million in 2022. According to the report, the market will grow at a positive CAGR of 9.3% between 2022 and 2032. During this time period, the market for vacuum cleaner filters is expected to be driven by rising …
Screw Conveyor Market is Expected to Expand a Valuation of US$ 1,416.3 Million by 2032, Says FMI
According to Future Market Insights, global screw conveyor sales are expected to reach around US$ 884.2 million in 2022. Over the forecast period 2022 to 2032, the overall market size is expected to grow at a 4.8% CAGR, surpassing US$ 1,416.3 million by the end of 2032. The increasing use of screw conveyors in various …
Cattle Handling Systems Market is expected to grow from US$ 2,630 million in 2023 to US$ 4,983 million by 2033
The global cattle handling systems market will expand at a reasonable 6.6% CAGR. This market is expected to be worth US$ 2,630 million in 2023. By 2033, the cattle handling systems market is expected to be worth US$ 4,983 million. Even the best ranchers find raising and managing cattle herds difficult. From a distance, cattle …
Latin America Construction Equipment Market to Display Impressive Growth of 4.6% CAGR by 2032
The Latin America construction equipment market is expected to grow from US$ 8,676.6 million in 2022 to US$ 13,586.7 million by 2032, with overall sales increasing at a CAGR of 4.6% over the forecast period. Government investments in developing and expanding public infrastructure are expected to drive demand for construction equipment in Latin America during …