In 2022, it was estimated that the worldwide fiber laser market is expected to be worth US$ 3.46 billion. A few of the key factors propelling the growth of the fiber lasers sector are technological advancements connected to fiber, high beam quality as well as low ownership costs, and environmentally conscious technology. By 2023, it …
Category Archives: Industrial News
Retail Printers Market is Expected to Reach a Strong Valuation of US$ 166.5 Million by Forecast 2026 end | FMI Study
The global retail printers market is expected to exceed US$ 3.8 billion in 2022. The market is expected to reach US$ 4.9 billion by 2026, growing at a healthy 6.7% CAGR. As competition in the retail sector heats up, retailers are focusing on providing a personalised experience to their customers, which streamlines their activity in the store …
Glass Tempering System Market is Projected to Grow at a Strong 3.9% CAGR by 2032 end | Get Customized Reports
The global glass tempering system market is anticipated to reach US$ 166.5 million in 2032, with market growth expected to stagnate at a CAGR of 3.9% from 2022 to 2032. The market for glass tempering systems, which was valued at US$ 109.5 million in 2021, is anticipated to grow to US$ 113.6 million in 2022. Over the …
Smart Water Grid Market is expected to boost 16.8% CAGR by Forecast 2032 end : Assessment of Key Drivers, Restraints and Future Outlook
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 …
Industrial Robots Market is Expected to Reach a Strong Valuation of US$ 55.66 Billion by 2032 end | Get Insights FMI
An as of late distributed concentrate by FMI expects the global industrial robots market to increase at a 12% CAGR from 2022 to 2032. Toward the finish of the said evaluation time frame, a valuation of US$ 55.66 Billion is normal for the market. Expanding adaption of industrial robots in end client ventures, for example, …
Marine Fuel Injection System Market to Expand at a Steady 3.63% CAGR from 2023 to 2033: Analysis of Key Trends, Drivers & Challenges
The global marine fuel injection system market is expected to generate US$ 7954.2 million by 2033, up from US$ 5568.6 million in 2023. From 2023 to 2033, the target market is expected to grow at a sluggish CAGR of 3.63%. During this time period, the marine fuel injection system market is expected to grow 1.4 …
Transformer Monitoring System Market is Projected to Exhibit a Strong 8.9% CAGR from 2022 to 2032, Says FMI
The global transformer monitoring system market will be worth US$ 2,785.2 million in 2022. It is expected to grow at a compound annual growth rate of 8.9% between 2022 and 2032, reaching US$ 6,539.2 million by the end of that year. It is expected to grow at an estimated 8.9% CAGR between 2022 and 2032, reaching US$ …
Fire Extinguisher Market Poised for Robust Growth with Impressive 5.7% CAGR from 2023 to 2033, Says FMI
According to Future Market Insights, the fire extinguisher market would grow at a 5.7% CAGR from 2023 to 2033. The market is estimated to be valued at US$ 7 billion by the conclusion of the aforementioned timeframe. Fire extinguisher sales are expected to reach US$ 4 billion by 2023. As the incidence of fire fatalities in residential …
Global Aircraft Ground Support Equipment Market is Expected to Reach a High Valuation of US$ 21.2 Billion by 2033 end: Analysis of Growth Opportunities and Trends
The global aircraft ground support equipment market size is likely to be valued at US$ 11.0 million in 2023. The increasing expansion and modernization of airports are driving market growth. The market is estimated to garner US$ 21.2 billion in 2033, recording a CAGR of 6.8% from 2023 to 2033 The growing demand for air travel and the …
Dredging Market is Projected to Surpass a Valuation of US$ 22.3 Billion from 2022 to 2032, Get Insights FMI
Revenue from dredging market is predicted to increase from US$ 15.7 billion in 2022 to US$ 22.3 billion by 2032. According to FMI, the market will increase at a 3.7% CAGR during the forecast period. Growing global trade and urbanisation initiatives promote growth, with more than 70% of trade handled by sea by volume and 80% by …