The global woodworking circular saw blades market is on track for significant expansion, with a projected Compound Annual Growth Rate (CAGR) of 4.4% from 2022 to 2029. Starting at a valuation of USD 50.4 million in 2022, the market is steadily progressing towards achieving a substantial worth of USD 68.3 million by 2029. The surge in global …
Category Archives: Industrial News
FMI Analysis States Global Emulsion Explosive Market Size to Exceed USD 4,587.91 Million Milestone by 2033, Driven by 5.2% CAGR Growth
A recent study by FMI has forecasted a remarkable trajectory for the global emulsion explosive market, projecting a robust Compound Annual Growth Rate (CAGR) of 5.2%. By 2033, the market is anticipated to exceed a valuation of USD 4,587.91 million, building upon its already substantial worth of USD 2,763.49 million as of 2023. Emulsion explosives (EE), …
FMI Study Projects Power Transformer Market Size Anticipated to Drive Past USD 39.3 Billion by 2033, Surging at 5% CAGR
From 2023 to 2033, the power transformer market is projected to grow at a 5% CAGR, with a global market value of USD 24.1 billion in 2023. According to Future Market Insights (FMI), the market is anticipated to surpass USD 39.3 billion by the end of 2033. In order to transmit electricity between networks with minimal loss …
Global Telehandlers Market Revenue Forecasted to Surpass USD 11,822.81 Million by 2034, Surging at an Average 5.9% CAGR | FMI Study
The global telehandlers market is projected to reach USD 11,822.81 million by 2034, according to a report by Future Market Insights (FMI). This significant growth reflects a Compound Annual Growth Rate (CAGR) of 5.9%. The increasing demand for telehandlers is primarily driven by their remarkable versatility. These multi-functional machines are becoming indispensable assets across various industries, including …
FMI Study Affirms ASEAN Safety Sensors and Switches Market Size to Surpass USD 1.59 Billion Mark by 2028, Surging at 10.2% CAGR
The ASEAN safety sensors and switches market are poised to exceed the significant milestone of USD 1.59 billion by 2028, propelled by a steadfast Compound Annual Growth Rate (CAGR) of 10.2% commencing from 2022 onwards. This ascent is attributed to the escalating integration of safety sensors and switches across both personal and institutional sectors within the region. …
FMI Report Indicates Global Industrial Battery Chargers Market Size to Hit USD 3.67 Billion Valuation by 2028, Surging at 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 USD 2.25 billion in 2022, projections indicate a substantial increase to an impressive USD 3.67 billion by 2028. What sets this trajectory apart is the anticipated exponential growth spanning the 2022-2028 period, with …
FMI Study Affirms Global Aircraft Sequencing Systems Market Share to Surpass USD 10.94 Billion by 2032, Surging at 11.5% CAGR
The aircraft sequencing system market is poised to achieve a valuation exceeding USD 10.94 billion by 2032. A recent comprehensive analysis conducted by Future Market Insights reveals an impressive 11.5% Compound Annual Growth Rate (CAGR) for the global aircraft sequencing systems market from 2022 to 2032. This robust growth trajectory is propelled by the rapid proliferation of …
Global Solar Shading Systems Market Share Estimated to Cross USD 5.72 Billion Mark by 2032, Surging Steadily at 3% CAGR
The global solar shading system market aims for a consistent Compound Annual Growth Rate (CAGR) of 3% until 2032. From its valuation of USD 3.9 billion in 2022, the market is forecasted to attain a robust USD 5.72 billion by 2032. This narrative of progression extends beyond numerical forecasts, encapsulating the increasing acknowledgment of the multifaceted benefits …
FMI Study Reveals Global High Speed Steel (HSS) Tools Market to Surpass USD 10.6 Billion, Surging at an Average CAGR of 6%
According to a recent report published by Future Market Insights, the global high speed steel (HSS) tools market is forecast to increase at a 6% CAGR from 2023 to 2033. As of 2023, the market is likely to be valued at USD 5.9 billion and is ultimately likely to reach USD 10.6 billion by 2033. Following an …
FMI Study Predicts Global Rivet Gun Market Size Estimated to Reach USD 799.9 Million Mark by 2028, Surging at 6.1% CAGR
The global rivet gun market anticipates reaching a valuation of USD 799.9 million by the culmination of the forecast period in 2028. This trajectory is propelled by a robust Compound Annual Growth Rate (CAGR) of 6.1%, showcasing sustained and substantial growth that surpasses conventional expectations. The pivotal factor driving this narrative is the orchestrated interplay of various …