The EMC shielding and test equipment market will be worth US$ 11 billion in 2032, up from US$ 7.1 billion in 2022, according to Future Market Insights (FMI). Over the forecast period, it is expected to grow at a healthy 4.5% CAGR. Because of the increased use of consumer communication devices, frequency wave interferences, also …
Category Archives: Industrial News
Desiccant Wheel Market: Overview, Data Updates, Reports Analysis & Forecast 2022 to 2032 | FMI
From 2022 to 2032, the global desiccant wheel market is expected to grow at a 5.1% CAGR, rising from an initial valuation of US$ 431.5 Million in 2022 to US$ 708.4 Million in 2032. Desiccant dehumidifiers have proven to be significantly more effective and faster than compressor-based dehumidifiers, increasing desiccant wheels’ market share. Rising electricity …
Slitting Machine Market to Display Impressive Growth of CAGR of 3.2% by 2032, with Rising Demand
The global slitting machine market is expected to be worth US$ 682 million by 2032, growing at a CAGR of 3.2% over the forecast period. A slitting machine is frequently used to cut paper, plastic film, and metal foil. Slitting soft materials with circular or straight blades is possible. A large roll of hard material, …
Electric & Hydraulic Wellhead Drives for Onshore Application Market Insights By Type, Industry, Application, End-User & Forecast 2022 to 2032 | FMI
The global electric and hydraulic wellhead drives for onshore application market is expected to grow at a moderate rate of 8.4% during the forecast period. In 2022, the market is currently valued at US$ 167.19 Million. By 2032, the onshore market for electric and hydraulic wellhead drives is expected to reach US$ 374.53 million. The …
Industrial Motors Market is expected to grow at a 3.5% CAGR, resulting in a valuation of approximately US$ 917.3 Million by 2032 | FMI
From 2022 to 2032, the global industrial motors market is expected to grow at a 3.5% CAGR, reaching a value of more than US$ 917.3 million in 2032. Several government agencies, including the European Water Association (Europe), the Environmental Protection Agency (US), and the India Water Works Association (India), are actively developing laws and regulations …
Vacuum Cleaner Filter Market is projected to expand at an impressive CAGR of 9.3% from 2022 to 2032 | FMI Study
According to Future Market Insights (FMI), the global vacuum cleaner filter market will be worth US$ 1924.1 million in 2022. According to the report, the market will grow at a positive CAGR of 9.3% between 2022 and 2032. During this time period, the market for vacuum cleaner filters is expected to be driven by rising …
Screw Conveyor Market is Expected to Expand a Valuation of US$ 1,416.3 Million by 2032, Says FMI
According to Future Market Insights, global screw conveyor sales are expected to reach around US$ 884.2 million in 2022. Over the forecast period 2022 to 2032, the overall market size is expected to grow at a 4.8% CAGR, surpassing US$ 1,416.3 million by the end of 2032. The increasing use of screw conveyors in various …
Cattle Handling Systems Market is expected to grow from US$ 2,630 million in 2023 to US$ 4,983 million by 2033
The global cattle handling systems market will expand at a reasonable 6.6% CAGR. This market is expected to be worth US$ 2,630 million in 2023. By 2033, the cattle handling systems market is expected to be worth US$ 4,983 million. Even the best ranchers find raising and managing cattle herds difficult. From a distance, cattle …
Latin America Construction Equipment Market to Display Impressive Growth of 4.6% CAGR by 2032
The Latin America construction equipment market is expected to grow from US$ 8,676.6 million in 2022 to US$ 13,586.7 million by 2032, with overall sales increasing at a CAGR of 4.6% over the forecast period. Government investments in developing and expanding public infrastructure are expected to drive demand for construction equipment in Latin America during …
North America Electrical Testing Services Market is Expected to Register a Strong 5.90% CAGR by 2031, Get Insights FMI
According to the report, the North America electrical testing services market will grow at a 5.9% CAGR between 2021 and 2031. The economic impact of COVID-19 reduced demand for electrical testing services in 2020. With various end-use sectors already returning to normal operations, the market for electrical testing services in North America will expand. The …