The global solar microinverter market is expected to grow at an 18.1% CAGR from 2022 to 2032, reaching a valuation of US$ 5,716.0 Million. In 2022, the integrated system category is expected to account for around 8% of the worldwide solar microinverter market by system type. According to World Bank forecasts, the global economy would grow by …
Category Archives: Industrial News
Ensuring Electrical Safety Standards | Thriving Market for Electrical Testing Services in India from 2022 to 2032
The global India electrical testing services market is expected to be worth US$ 192.45 million by 2022, growing at a CAGR of 4.4% between 2022 and 2032. By 2032, the electrical testing service market is expected to be worth US$ 296.02 million. Because of the widespread availability of dependable and affordable electrical power, modern industry …
Advancing Industrial Transportation | Flourishing Growth of the Middle East Conveyor Belts Market from 2022 to 2032
The Middle East conveyor belts market is anticipated to expand at a CAGR of 4.6% over the course of the forecast period. The market is anticipated to increase in value from US$ 207.57 billion in 2022 to US$ 325.45 billion by 2032. Middle Eastern conveyor belt sales are anticipated to reach US$ 199.40 billion in 2021. Over …
Industrial Hearables Market is set to surpass value US$ 991.5 Million in 2026 | Future Market Insights, Inc.
The industrial hearables market is expected to grow rapidly over the forecast period, with a valuation of nearly US$ 992 million expected in 2026. The user’s ear canal receives a hearable device, a type of tiny computer. Wireless technology is used in this kind of equipment to improve and finish the user’s audio experience. The …
Industrial Condensing Units Market is projected to be worth around US$ 15.95 Billion by 2028
According to a recent study by Future Market Insights (FMI), over 65% of end users worldwide prefer air-cooled industrial condensing units to water-cooled alternatives. Additionally, FMI’s analysis shows that even though the retrofitting of older condensing units has recently gained popularity, an estimated 85% of revenue still comes from new installations of industrial condensing units …
India Power Tool Market is expected to grow at a CAGR of 8.9% between 2022 to 2032
The global India power tool market is anticipated to grow at a CAGR of 8.9% from 2022 to 2032, reaching a market valuation of US$ 5672.60 Million by 2022. By 2032, it is anticipated that the India power tool market will be worth US$ 13306.41 Million. Power tools are in high demand due to their wide range …
Industrial and Workplace Safety Market is predicted to reach US$ 11.1 billion by 2033
The study also reveals that the market for industrial and workplace safety is rapidly expanding due to the high demand for reliable safety systems to ensure asset and personal protection. It is projected that the global market for workplace and industrial safety will increase steadily at a CAGR of 6.4 percent, from US$ 5.9 billion …
Ice Cream Processing Equipment Market Outlook, Current and Future Landscape Analysis from 2021 to 2031
According to Future Market Insights (FMI), the market for ice cream processing equipment will be valued at US$ 2.1 Billion by 2021 and beyond, growing at a CAGR of over 3.5% over the next ten years. Production of automated ice cream machinery has increased along with the demand for ice cream and other dairy products. …
Hydrogen Electrolyzer Market is anticipated to grow at a CAGR of 24.2% between 2022 to 2032
In 2021, the market for hydrogen electrolyzers was expected to be worth US$ 350.6 million. By 2032, sales are projected to reach US$ 3.7 billion after growing at a CAGR of 24.2% over the forecast period.Over the course of the forecast period, it is anticipated that the market will benefit from the rising popularity of …
Combating Environmental Impact – Rising Demand for Refrigeration Leak Detectors Drives the Market from 2023 to 2033
The refrigeration leak detector market is expected to be worth US$ 106.8 million in 2023 and US$ 149.3 million by 2033. During the projection period, the market will grow at a CAGR of 3.4%. Refrigeration leak detectors are required for the detection of refrigerant leaks in refrigeration and air conditioning systems. These systems are essential …