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 …
Category Archives: Industrial News
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 …
FMI Prediction Indicates Global Military Parachutes Market Forecasted to Cross USD 2.43 Billion by 2033, Surging at an Average 5.5% CAGR
The global military parachutes market is anticipated to experience robust compound annual growth rate (CAGR) of 5.5% throughout the forecast period. This trajectory is expected to propel the market from its 2023 valuation of USD 1.42 billion to an estimated USD 2.43 billion by 2033. The driving force behind this remarkable growth is the widespread adoption of …
Global Inflatable Tents Market Value Estimated to Exceed USD 2307.9 Million by 2034, Driven by 7.5% CAGR Growth | FMI Projection
A comprehensive study conducted by FMI has revealed promising projections for the global inflatable tents market, forecasting a robust Compound Annual Growth Rate (CAGR) of 7.5% and a valuation surpassing USD 2307.9 million by 2034. The momentum behind this growth trajectory can be attributed to several key factors, with the burgeoning adventure tourism sector emerging as …
FMI Analysis Indicates Global Busbars Market Size to Exceed USD 27,333.7 Million Mark by 2032, Surging Steadily at 4.2% CAGR
The busbars market has exhibited noteworthy growth, reaching a valuation of USD 18,169.6 million in 2022, indicating a promising trajectory from the previous year’s figure of USD 17,592.1 million. However, the market is poised for substantial expansion in the forthcoming years, with a projected Compound Annual Growth Rate (CAGR) of 4.2% expected from 2022 to 2032. By …