The global market for cattle handling systems is expected to grow at a reasonable CAGR of 6.6% during the forecast period. This market is expected to be worth $2,630 million in 2023. By 2033, the cattle handling systems market is expected to be worth $4,983 million. Even the best ranchers find raising and managing cattle …
Category Archives: Industrial News
Power Quality Equipment Market Size, Top Key Players, Latest Trends, Regional Insights Dynamics By 2023 to 2033
The market for power quality equipment is expected to be worth US$ 38.04 billion in 2023 and US$ 69.65 billion by 2033. During the forecast period, sales of power-quality equipment are expected to grow at a CAGR of 6.25%. A significant factor driving the expansion of the manufacturing sector is an increase in demand for …
Hydrogen Electrolyzer Market 2022 to 2032: SWOT Analysis, Key Players, Growing Applications, and Promising Outlook for Clean Energy Future
Over the forecast period of 2022-2032, the global hydrogen electrolyzer market is expected to grow at a CAGR of 24.2%. By the end of 2032, the market value is expected to reach US$ 3.7 billion. Rising demand for hydrogen gas across a wide range of end-use industries is expected to drive growth in the hydrogen …
Global Barcode Scanner Market Forecast: Growing Demand for Contactless Operations to Drive Market Growth from 2023 to 2033
In 2023, the barcode scanner market is expected to be worth $8.10 billion. Between 2023 and 2033, the market is expected to grow at a CAGR of more than 7.6%. By 2033, the market is expected to be worth US$ 16.86 billion. Internal and external factors were expected to have an impact on the firm, …
Cooling the Future: Analyzing Growth Opportunities and Trends in the Refrigerated Display Cases Market from 2022 to 2032
The refrigerated display cases market is expected to grow at a moderate 5.5% CAGR between 2022 and 2032. The market for refrigerated display cases is expected to reach nearly US$ 14 billion by 2032, up from US$.2 billion in 2022. In recent years, the market for refrigerated display cases (RDC) has grown rapidly. Because of …
Collaborative Robots Market Poised for Impressive 25.1% CAGR from 2023 to 2033: Rising Adoption in Manufacturing and Logistics to Drive Market Growth
By the end of 2023, the global Collaborative Robots Market is expected to exceed US$ 2.2 billion. The collaborative robots market is expected to exceed US$ 20.5 billion by 2033, expanding at a staggering CAGR of 25.1% between 2023 and 2023, according to Future Market Insights (FMI). Demand for collaborative robots is increasing due to …
India Power Tool Market to Flourish from 2022 to 2032: Increasing DIY Trends and Rapid Infrastructure Development to Boost Demand
Between 2022 and 2032, the India power tool market is expected to be worth USD 5672.60 Million, growing at an 8.9% CAGR. The India power tool market is expected to be worth US$ 13306.41 million by 2032. Power tools are extremely popular because of their numerous applications, practicality, and effectiveness in a wide range of …
Power Tools Market Set to Surge at 5.1% CAGR by 2032: Growing Industrialization and DIY Culture to Drive Market Expansion
This is expected to remain the most important defining factor in the power tools market. According to Future Market Insights (FMI), the global power tools market is expected to reach US$ 33.36 billion in 2021. Between 2022 and 2032, the global power tools market is expected to grow at a 4.5% CAGR, reaching $1,694.9 million. …
Strong Market Growth Projected for Centrifugal Pumps by 2031: Rising Industrialization and Infrastructure Development to Drive Demand
Centrifugal pump market sales are expected to exceed US$ 29 billion globally in 2021, increasing at a CAGR of 4.6% from USD 24.3 billion in that year. The main factors driving the growth of the centrifugal pump market are increased investments in the construction industry as a result of rapid urbanisation and a high demand …
Explosive Growth Forecasted for Variable Frequency Drive (VFD) Market by 2031: Increasing Demand for Energy Efficiency Drives Market Expansion
Because of increased infrastructure development opportunities in emerging regions, which has increased demand for heating and ventilation systems, the variable frequency drives (VFD) market has grown significantly in recent years. VFD development is currently shifting towards offering industry-specific solutions to reduce costs and operational downtime, resulting in a slew of manufacturer innovations. Variable frequency drives, …