According to industry estimations, the global market for automated parcel delivery terminals will reach US$ 720 million by 2022 and US$ 2 billion by 2032, expanding at a 10.9 percent CAGR from 2022 to 2032. With a growing demand for more deliveries and increasing pressure for faster response times, there is a growing requirement for …
Category Archives: Industrial News
Scissor Lifts Market: Notable Developments & Geographical Outlook by 2031
Until 2031, the worldwide scissor lifts market is predicted to develop at a 3.5% CAGR. Scissor lifts are an aerial work platform access equipment that is utilised in a range of industries for safe and effective elevated material handling. The global scissor lifts market is undergoing substantial transformation as it shifts from mature, saturated markets …
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Analyzing the Booming Large Synchronous Motor Market and Its Advantages by 2031
The global large synchronous motors market is anticipated to be worth US$ 222 million in 2031. In its analysis, Future Market Insights (FMI) anticipates a stable long-term growth prognosis for the market. According to the analysis, the global massive synchronous motor market will expand at a moderate CAGR from 2021 to 2031. The report looks …
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Radiant Future: Forecasting the Growth and Potential of Tritium Light Source Market by 2031
According to the analysis, the global tritium light source market would increase at a rate of roughly 2.3% between 2021 and 2031. The report analyses 20+ high-growth markets, providing specific information on how the tritium light sources market will progress over the next decade. According to Future Market Insights (FMI), an ESOMAR-certified research and consultancy …
Industrial Temperature Controller Industry Research, Segmentation, Key Players Analysis & Forecast 2022 to 2030
The global industrial temperature controller market is valued at $2.08 billion in 2022 and is expected to grow to $3.03 billion by the end of 2030. The addition of connectivity features for remote control of devices, as well as the reduction in equipment size, has allowed the sector to gain traction. From 2022 to 2030, …
Elevator and Escalator Market Current & Future Trends, Leading Players, Segments & Regional Forecast 2022 to 2032
According to a recent research by Future Market Insights (FMI), the elevator and escalator market is focused on cutting-edge technologies to make its products safer and more environmentally friendly. The market is expected to grow at a 5.3% CAGR and reach a value of US$ 232,656.1 Million by 2032. Some of the most prominent corporations …
Non-destructive Testing (NDT) Inspection Services Market Outlook, New Business Opportunity & Demand Analysis by 2030
The global non-destructive testing (NDT) inspection services market will be worth US$ 28 billion by 2030, according to Future Market Insights. The market is soaring as governments throughout the world increase their investments in infrastructure. As urbanisation accelerates, so does the demand for houses, trains, roadways, and airports. Because of their extensive use, these infrastructures …
Compressed Air Filtration and Dryer System Market | Present Scenario & Growth Prospects 2022 to 2032
Throughout the projected period, the compressed air filtration and dryer system market is expected to develop at a moderate CAGR of 6%. The compressed air filtration and drying system market is expected to grow from $5 billion in 2021 to almost $9.8 billion by 2032. Compressed air filters are increasingly being used to boost productivity, and …
Ultra Short Base Line Positioning System Market : Worldwide Analysis & New Business Opportunities Explored by 2031
According to a recent market analysis conducted by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ultra-short base line positioning system market is expected to reach US$ 127.7 Million by 2021. Expansion of commercial trade via maritime operations, as well as increased interest in recreational travel, are key trends driving sales of ultra-short base …
Industrial Valves Market Comprehensive Shares, Historical Trends & Forecast 2022 to 2029
The global industrial valves market is expected to be worth approximately $71.8 billion in 2022. With the increasing adoption of industrial valves for regulating material flow, overall demand is expected to rise at a moderate CAGR of 4.3% between 2022 and 2029, totaling US$ 96.2 Bn by 2029. Steel will continue to be the most …