The global retail printer market is on track for significant growth, with a projected market valuation exceeding USD 4.9 billion by 2026. This growth is fueled by a Compound Annual Growth Rate (CAGR) of 6.7%, building upon a solid foundation of USD 3.8 billion in sales achieved in 2022. A key factor driving this market expansion is the increasing …
Category Archives: Industrial News
FMI Analysis Suggests Global Gas Circuit Breaker Market Estimated to Hit USD 1,018.5 Million Mark by 2033, Surging at 4.2% CAGR
The global gas circuit breaker market demonstrated a substantial valuation of USD 647 million in 2022, laying the groundwork for an impressive trajectory. With a projected Compound Annual Growth Rate (CAGR) of 4.2% from 2023 to 2033, the market is poised to achieve a noteworthy milestone, surpassing USD 1,018.5 million by 2033. Approaching the pivotal year of 2023, significant …
Global Medium Voltage Transformer Market Share Anticipated to Surpass USD 19,080.56 Million by 2033, Driving 4.5% CAGR Growth
The medium voltage transformer market is poised for significant expansion, with forecasts indicating a rise from USD 12,286.50 million in 2023 to an impressive valuation of USD 19,080.56 million by 2033. This anticipated growth is driven by a robust Compound Annual Growth Rate (CAGR) of 4.50% from 2023 to 2033. The evolving landscape of the medium voltage transformer market …
FMI Report Indicates Global Pallet Pooling Market Revenue Share to Exceed USD 14.49 Billion Mark by 2034, Growing at 6.1% CAGR
The global pallet pooling market is poised for significant growth, with a projected valuation exceeding USD 8.01 billion by 2024. This initial phase marks the commencement of a robust upward trajectory, with sales expected to sustain a compelling Compound Annual Growth Rate (CAGR) of 6.1%. By 2034, the market is anticipated to achieve a remarkable valuation of USD …
North America Variable Frequency Drive Market Share Estimated to Exceed USD 5,056.2 Million by 2032, Driven by 6% CAGR | FMI Report
The North America variable frequency drive market is experiencing robust growth, with an anticipated valuation of USD 5,056.2 million by 2032, following a significant milestone of USD 4,770 million in 2022. This positive trajectory is underpinned by a commendable compound annual growth rate (CAGR) of 6% projected for the entire forecast period. A primary driver behind this exceptional expansion …
FMI Analysis Affirms Global Positive Displacement Pumps Market Estimated to Surpass USD 21.72 Billion by 2033, Surging at 4.4% CAGR
The global positive displacement pumps market is projected to increase at a CAGR of 4.4% during the forecast period between 2023 and 2033. This promising growth rate is poised to expand the marketplace for the market positively by reaching a total of USD 21.72 billion by 2033. According to a report from Future Market Insights, the net worth of the total positive …
FMI Study States Global High Pressure Processing Equipment Market Size to Surpass USD 1.1 Billion Mark by 2033, Surging at 12.8% CAGR
The high pressure processing equipment market is on an impressive trajectory, with aspirations to achieve a valuation surpassing USD 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 label products, …
Global Briquetting Machine Market Value Estimated to Reach USD 1 Billion by 2033, Growing at 7.2% CAGR | FMI Analysis
The briquetting machine market is witnessing substantial growth driven by increasing global efforts to transition toward sustainable and renewable energy sources. Briquetting machines convert waste materials into compressed blocks or briquettes, offering an environmentally friendly and cost-effective solution for waste management and energy production. These machines are widely used in various industries, including agriculture, forestry, and biomass …
FMI Projection Affirms Global Tuning Box Market Share Anticipated to Cross USD 1.2 Billion by 2032, Surging at 7.4% CAGR
The global tuning box market is set to experience robust growth, expanding at a compound annual growth rate (CAGR) of 7.4% from 2021 to 2032. The market, valued at USD 567 million in 2021, is projected to reach a valuation of USD 1.2 billion by 2032. Increasing consumer interest in vehicle performance optimization and efficiency is the primary driver …
FMI Analysis Indicates Global Vibratory Feeder Machine Market Size to Surpass USD 194 Million by 2032, Surging Steadily at 4.3% CAGR
The global vibratory feeder machine market, valued at USD 126.5 million in 2022, is forecast to achieve a compound annual growth rate (CAGR) of 4.3% during the period from 2022 to 2032, reaching an estimated market valuation of USD 194 million by the end of the forecast period. This growth trajectory reflects increasing demand across industries such as automotive, manufacturing, packaging, …