The card printer ribbons market is expected to grow at a CAGR of 4% between 2022 and 2028. Card ribbon printer sales totaled US$ 759 million in 2021 and are expected to reach US$ 997 million by the end of the fiscal year. (2028). In 2021, card printer ribbons accounted for roughly 11% of the …
Category Archives: Industrial News
Industrial Magnetrons Market is Expected growing at an impressive 4.9% CAGR during Forecast 2022 to 2026
The worldwide industrial magnetrons market size is assessed to set out a gradual freedom of US$ 4.72 Billion toward the finish of 2022. Developing use of magnetron innovation across the assembling area in industrial warming hardware is supposed to work with the development in the market. Future Market Bits of knowledge’s as of late arranged …
Smart Water Grid Market is anticipated to grow at a CAGR of 16.8% to reach US$ 101,248.3 million during Forecast 2022 to 2032
The worldwide smart water grid market was esteemed at around US$ 18,664.5 Million out of 2021 and is supposed to develop at a CAGR of 16.8% to arrive at US$ 101,248.3 Million by 2032. Smart water grid innovation is supposed to fill in prominence because of its expense adequacy, effectiveness, significant investment reserve funds, and …
Industrial Robots Market is Expected to Reach a valuation of US$ 55.66 Billion during Forecast 2022 to 2032
An as of late distributed concentrate by FMI expects the worldwide 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, …
Transformer Monitoring System Market to Display Impressive Growth of 8.9% CAGR from 2022 to 2032
In 2022, the global transformer monitoring system market will be worth US$ 2,785.2 million. It is predicted to increase between 2022 and 2032 at a compound annual growth rate of 8.9%, reaching US$ 6,539.2 Million by the end of that year. It is predicted to grow between 2022 and 2032 at an estimated 8.9% CAGR, …
Aircraft Ground Support Equipment Market is Projected to Grow at a Strong CAGR of over 6.5% by the end of 2031
The global aircraft ground support equipment market is anticipated to grow at a CAGR of 6.5% between 2021 and 2031, reaching a market volume of roughly 27,000 units by the end of 2031, according to Future Market Insights (FMI), an ESOMAR-certified consulting firm. Ground support equipment is in high demand as a result of new …
Global Palletizing Robots Market is projected to grow at a healthy 5.0% CAGR and reach US$ 2,405.5 million during Forecast 2022 to 2032
Palletizing robots are machines that help with the automatic assembly of different products on a pallet. The global palletizing robots market is expected to reach US$ 1,500 million by 2022, with a strong CAGR during the evaluation period. Pallet wrapping functions are an important part of the packaging line workflow before the product is transported …
Dredging Market is Expected to Reach a High Valuation of US$ 22.3 billion during Forecast 2022 to 2032
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 …
Industrial Valves Market is expected to grow at a modest CAGR of 4.3% from 2022 to 2029
The global industrial valves market is expected to be worth approximately US$ 71.8 billion in 2022. Overall demand for industrial valves for controlling material flow is expected to grow at a moderate 4.3% CAGR between 2022 and 2029, reaching US$ 96.2 billion by 2029. Steel will continue to be the most popular material for the …
North America Variable Frequency Drive Market Poised to Garner Maximum Revenues US$ 5.06 billion during forecast 2022 to 2032
The North America Variable Frequency Drive Market is currently worth US$ 4.77 billion and is expected to be worth US$ 5.06 billion by 2032, growing at a CAGR of 6% from 2022 to 2032. North America is known for its preference for machines over human labour. In terms of reliance on these machines, variable frequency …