The Africa zero liquid discharge system market is poised for significant advancement, with a projected valuation surpassing USD 53.1 million by 2033. This growth trajectory, characterized by a robust Compound Annual Growth Rate (CAGR) of 5.6% from 2023 to 2033, is underpinned by several factors, including the adoption of cutting-edge wastewater treatment processes and the notable efficiency enhancements offered …
Category Archives: Industrial News
FMI Report States Global Commercial Booster Pumps Market Revenue to Reach USD 12,084.3 Million in 2033, Surging at 7.6% CAGR
According to estimates, commercial booster pump sales worldwide are likely to reach USD 5,809 million in 2023. In a detailed industry analysis, the global commercial booster pump market is projected to grow a CAGR of 7.6% and reach USD 12,084.3 million by 2033. These pumps have an inlet, outlet, motor, and pressure monitoring device that improves the flow and pressure of water. Pumps with booster impellers have an inlet, …
FMI Report States Global Domestic Booster Pumps Industry to Surpass USD 5,732.3 Million Value by 2033, Surging at 7.2% CAGR
The global domestic booster pumps market is set for significant expansion, with a resilient Compound Annual Growth Rate (CAGR) of 7.2% expected over the forecast period. Projections indicate a noteworthy valuation of USD 5,732.3 million by 2033, reflecting a substantial increase from its 2023 value of USD 2,860.1 million, according to insights provided by FMI. This surge is driven …
FMI Study Affirms Global Power Generator for Military Industry to Reach USD 1,605.3 Million by 2033, Driven by 3.6% CAGR
The global power generator for military market is predicted to register a CAGR of 3.6% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from USD 1,127.1 million in 2023 to USD 1,605.3 million by 2033 end. The technological upgradation in diesel generators is eliciting market development of power generators for military. In this regard, the development …
FMI Study Indicates Europe Woodworking Power Tools Market Revenue to Expand Steadily at 5% CAGR by the End of 2030
Forecast by Future Market Insights states that the Europe woodworking power tools market is estimated to grow at a CAGR of 5% between 2020 and 2030. The construction and carpentry sectors in Europe are driving the growth of the woodworking power tools market (FMI). In 2030, the European woodworking power tools business, led by Germany, the United Kingdom, and France, is …
Global Refrigeration Leak Detector Market Revenue Size to Reach USD 149.3 Million by 2033, Surging at 3.4% CAGR
The global refrigeration leak detector market is positioned for substantial growth, having achieved a noteworthy valuation of USD 106.8 million in 2023, supported by a commendable Compound Annual Growth Rate (CAGR) of 3.4%. This trajectory is expected to lead to a significant market worth of USD 149.3 million by 2033. The heightened demand for refrigeration leak detectors is primarily …
FMI Analysis States Global Water Treatment System Market Size to Exceed USD 1,28,230 Million Mark by 2033, Growing at 6.2% CAGR
The global water treatment system market is poised for substantial growth, with an anticipated revenue of USD 65,164 million in 2023. Projections by industry experts indicate a steady Compound Annual Growth Rate (CAGR) of 6.2% until 2033, positioning the market to achieve an impressive valuation of USD 1,28,230 million by the end of the forecast period. A primary catalyst …
Global Non-Destructive Testing (NDT) Inspection Services Market to Hit USD 47 Billion by 2034, Driven by 7.7% CAGR
The global Non-Destructive Testing (NDT) inspection services market is poised for substantial growth, with a noteworthy Compound Annual Growth Rate (CAGR) projected to exceed 7.7% from 2024 to 2034. The industry is expected to surge beyond USD 47 billion mark by the end of 2034. This significant expansion is attributed to the influential impact of automation, a response to …
FMI Study Indicates Global Woodworking Router Bits Market Revenue to Surpass USD 288.2 Million by 2033, Driven by 5.7% CAGR
The global woodworking router bits market is poised for remarkable growth, targeting a projected valuation of USD 166.0 million in 2023. Looking forward to 2033, fueled by a robust Compound Annual Growth Rate (CAGR) of 5.7%, the market anticipates a substantial surge, aiming for an approximate market size of USD 288.2 million. A pivotal driver propelling this growth …
FMI Report Indicates Global Electric Sub-Meter Market to Cross USD 29,911.6 Million by 2034, Driven by 6.7% CAGR
The global electric sub-meter market has achieved a commendable valuation of USD 15,730.9 million as of 2024, with forecasts indicating a robust trajectory towards an impressive USD 29,911.6 million by 2034. This substantial growth underscores the pivotal role electric sub-meters are set to play in reshaping the contemporary energy landscape. From 2019 to 2023, there has been a consistent …