The global concrete placing booms market is poised for robust growth, with its valuation projected to increase from USD 4.1 billion in 2022 to an impressive USD 8.9 billion by 2032, reflecting a compound annual growth rate (CAGR) of 2.6% over the forecast period. The surge in demand is driven by rapid urbanization, the expanding construction …
Category Archives: Industrial News
Global Backhoe Bucket Market Share Estimated to Drive Past USD 1165.2 Million by 2032, Surging Steadily at 3.6% CAGR
The global backhoe bucket market is on a robust growth trajectory, driven by expanding demand across construction and mining industries. According to Future Market Insights (FMI), the market, valued at USD 818.1 million in 2022, is projected to grow at a compound annual growth rate (CAGR) of 3.6% during the forecast period (2022–2032), reaching an estimated valuation …
FMI Study Indicates Global Portable Loading Ramps Market Revenue to Reach USD 3,913.0 Million by 2032, Growing Steadily at 4.7% CAGR
According to Future Market Insights, the global portable loading ramps market was valued at USD 2,472.0 million in 2022 and is expected to experience robust growth over the forecast period, expanding at a compound annual growth rate (CAGR) of 4.7% from 2022 to 2032, surpassing USD 3,9113.0 million valuation. The growing emphasis on efficient logistics and material handling solutions …
Global Digital Textile Printing Market Size Expected to Hit USD 8,897.3 Million by 2034, Growing Steadily at 12.1% CAGR | FMI Study
The digital textile printing market, valued at USD 2,989.6 million in 2024, is set to experience unprecedented growth, with projections reaching USD 8,897.3 million by 2034. This significant surge reflects a robust compound annual growth rate (CAGR) of 12.1% during the forecast period of 2024 to 2034, underscoring the increasing adoption of digital technologies in the textile industry. …
FMI Analysis Indicates Global Supplied Air Respirators (SARs) Market Share to Reach USD 2.7 Billion by 2033, Driven by 6.1% CAGR
The global supplied air respirators (SARs) market is experiencing significant growth, with a projected valuation of USD 2.7 billion by 2033, supported by a steady Compound Annual Growth Rate (CAGR) of 6.1% from 2023 to 2033. Beyond their traditional role as safety equipment, supplied air respirators play a crucial role in safeguarding the health and well-being of workers across …
Australia Conveyor Maintenance Market Share Estimated to Hit USD 873.43 Million by 2032, Driven by Steady 2.9% CAGR | FMI Study
The Australia conveyor maintenance market is positioned for robust growth, aiming for a projected valuation of USD 873.43 million by 2032, bolstered by a consistent compound annual growth rate (CAGR) of 2.9% from 2022 to 2032. With notable revenue reaching USD 675.29 million in 2022, the market underscores its current influence and untapped potential within the industrial …
Global Poultry Keeping Machinery Market Revenue Anticipated to Cross USD 7.7 Billion by 2033, Driven by Steady 4% CAGR
The poultry keeping machinery market is on a trajectory towards prosperity, currently valued at a substantial USD 5.2 billion as of 2023. Forecasts indicate a promising outlook, with the market set to experience significant growth at a Compound Annual Growth Rate (CAGR) of 4% from 2023 to 2033. This anticipated expansion is expected to culminate in an …
Global Heat Pump Market Share Forecasted to Hit USD 136.2 Billion by 2034, Surging at 10.2% CAGR | FMI Analysis
The global heat pump market is likely to capture a valuation of USD 51.6 billion in 2024 and reach USD 136.2 billion by 2034. The global market is anticipated to register a CAGR of 10.2% during the forecast period. Opportunities in the Heat Pump Market: Energy Transition Initiatives: Consumers are shifting towards clean, eco-friendly, and sustainable energy sources, bringing lucrative opportunities in the market. …
FMI Analysis Affirms Global Power Tool Market Share to Surpass USD 68,418.8 Million by 2034, Driven by a 6% CAGR Growth
The global power tool market is poised for significant growth, with projections indicating a market size of USD 36.04 billion in 2023, surging to an impressive USD 68,418.8 million by 2034, driven by a compelling Compound Annual Growth Rate (CAGR) of 6% over the forecast period from 2024 to 2034. This momentum is underpinned by several key …
FMI Study Indicates Global Solar Microinverter Market Size to Hit USD 5,716.0 Million Mark by 2032, Growing at 18.1% CAGR
The global solar microinverter market is poised to achieve an impressive Compound Annual Growth Rate (CAGR) of 18.1% from 2022 to 2032, projecting a valuation surpassing USD 5,716.0 million by the end of the decade. This remarkable surge not only reflects the increasing adoption of solar energy but also underscores the pivotal role that microinverters play in …