The worldwide corrugated bin boxes market is poised for substantial growth, with an estimated market value of US$ 25,231.2 million projected for the year 2023. This growth is underpinned by several key factors, including the rising demand for environmentally friendly packaging solutions and the ever-increasing packaging requirements of e-commerce platforms. Over the forecast period spanning …
Category Archives: Industrial News
Aseptic Processing Market is supposed to rise at a CAGR of around 7.1% during Forecast 2023 to 2033 | FMI
Over the forecast period, the global aseptic processing market is expected to grow at a moderate rate of 6.13%. In 2023, the aseptic processing market is expected to be worth US$ 95.63 billion. Demand for aseptic processing is expected to reach US$ 173.37 billion by 2033. One of the main factors driving the global aseptic processing market is …
Plastic Extrusion Machine Market is Projected to Surpass a Valuation of US$ US$ 10,754.4 Million from 2022 to 2032 | Future Market Insights, Inc.
The global plastic extrusion machine market is projected to reach US$ 6.7 Billion in 2022. Based on the report, sales of plastic extrusion machines are expected to have a CAGR of 4.70% and to reach an evaluation of US$ 10.7 Billion by 2032. The prominent advantage of the plastic extrusion machine process is that the …
Electrical Testing Services Market to Surpass a Valuation of US$ 13.4 Billion by Forecast 2031 end | Get Customized Reports
In 2021, the market for electrical testing services experienced year-over-year growth of 6.3%. Between 2021 and 2031, it is anticipated to grow at a CAGR of 7.1%, reaching US$ 13.4 Billion at the conclusion of the assessment period. As of 2020, the market represented 15 to 18% of the testing, inspection, and certification market. In the same year, 50 …
Smart Water Grid Market to Expand at a Steady 16.8% CAGR from 2022 to 2032, Get Insights FMI
In 2021, the global smart water grid market was valued at around US$ 18,664.5 Million, with a CAGR of 16.8% expected to reach US$ 101,248.3 Million by 2032. Because of its cost-effectiveness, efficiency, time and energy savings, and dependability, smart water grid technology is expected to gain popularity. Some of the cutting-edge features in smart water grid …
Truck Mounted Cranes Market is Expected to Grow at a 4.5% CAGR during Forecast 2022 to 2032, Says FMI
The global truck mounted cranes market is anticipated to be worth US$ 3,769.7 million by 2032. Between 2022 and 2032, it is predicted to expand at a CAGR of 4.5%. Stiff boom models account for more than 67% of the worldwide truck mounted cranes market. According to the International Monetary Fund, global economic growth would …
Single-use Filtration Assemblies Market to Expand at a Steady 18.5% CAGR from 2023 to 2033: Analysis of Key Trends, Drivers & Challenges
The global single-use filtration assemblies market is predicted to be worth US$ 3.53 billion in 2023 and rise to US$ 19.28 billion by 2033. Initially, the global market was expanding at a CAGR of 19.8% from 2018 to 2022. Smaller batch sizes, increased demand for customized treatments, and the need for adaptive and scalable solutions are …
Safety Instrumentation Systems Market is Expected to Reach a High Valuation of US$ 6947.3 Million during Forecast 2022 to 2032, FMI
The safety instrumentation systems market is expected to be valued US$ 6947.3 million by 2032, up from US$ 4123.3 million in 2022, with a 5.4% CAGR. Because engineering is becoming more multidisciplinary, there is a greater demand for safety instrumentation systems. Engineers and technicians working on engineering projects are increasingly expected to understand the consequences …
Inductor Market is Projected to Grow at a Strong 6.1% CAGR by Forecast 2032 end, FMI Study
The global inductor market is predicted to surpass US$ 11,862.1 Million by 2022, with a year-on-year growth rate of 5.6%. With increasing adoption in automotive, industrial, and consumer electronics, worldwide demand for inductors is expected to expand at a 6.1% CAGR between 2022 and 2032, reaching a market worth of US$ 21,417.5 Million by 2032. …
Oxy-Fuel Welding Equipment Market is Projected to Register a Strong 6.4% CAGR during Forecast 2022 to 2032 | Report by FMI
The global oxy-fuel welding equipment market is expected to grow at a moderate 6.4% CAGR, with a revenue share of US$ 1474.6 million in 2022, rising to US$ 2734.5 million by 2032.The oxy-fuel welding process uses a compressed mixture of high energy density fuel and oxygen to generate a flame capable of raising the temperature of the …