The global commercial booster pump market is currently worth $5.41 billion, and it is expected to be worth $10.06 billion by the end of 2030. Global shipments of commercial booster pumps are expected to grow at an 8.1% CAGR between 2022 and 2030. The market will be worth $4.7 billion in 2020, according to the …
Category Archives: Industrial News
Agricultural Equipment Market Key Players, SWOT Analysis, Key Indicators & Forecast 2022 to 2032
In 2022, the global agricultural equipment market is expected to be worth $68.12 billion. With increasing farm mechanisation and OEM investments in agricultural equipment, the overall demand for agricultural equipment is expected to grow at a CAGR of 4.8% between 2022 and 2032, totaling around US$ 108.86 billion by 2032. Agriculture tool demand is increasing …
Global Crane Market is estimated to reach a net worth of US$ 57.1 Billion by the end of 2029
The global crane market is expected to reach $43.9 billion in 2022. The market is expected to reach US$ 57.1 billion by 2029, growing at a steady 3.8% CAGR. In the current market scenario, the growing number of construction projects in South East Asian and Latin American countries, as well as long-term supply agreements with …
Robotic Lawn Mower Market is anticipated to reach a High Valuation of US$ 2,721.23 Million with a CAGR of 11.5% by 2032
According to a new FMI market report, the robotic lawn mower market will develop at a rapid 11.5% CAGR and reach a worth of US$ 2 billion by the end of the forecast year 2021-2031. Robotic lawn mowers have grown significantly more efficient as a result of technology breakthroughs and the rising penetration of artificial …
Woodworking CNC Tools Market is poised to grow at a healthy CAGR of 4.8% during Forecast 2022 to 2028
According to FMI, the router bits segment will account for more than 40% of total market volume during the forecast period (2022-2028), and the global woodworking CNC tools market value will exceed US$ 2.60 billion by the end of 2028. Through 2028, MDF is expected to account for one-third of total woodworking CNC tool sales. …
Condition Monitoring System Market is likely to Record a Strong CAGR of 8.4% by the end of 2031
According to the most recent Future Market Insights data, global condition monitoring system sales are expected to reach US$ 3,293.9 million in 2021, with a steady long-term projection. According to the report, the market will grow at a 7 to 8% CAGR from 2021 to 2031. According to Future Market Insights’ annual market analysis, revenue …
Global Air Barrier Market is supposed to rise at a CAGR of 4.6% by the end of 2029
By the end of 2022, the value of the global air barrier market will surpass US$ 16,932.8 million due to the eagerly anticipated industry transition from traditionally preferred gypsum board to sustainably superior spray foam. According to a recent study by Future Market Insights (FMI), the air barrier market will have moderate overall growth during …
Global Ice Cream Processing Equipment Market to Experience Rapid Growth by 2031: Key Drivers, Trends, and Opportunities
According to Future Market Insights (FMI), the global ice cream processing equipment sales will increase at a CAGR of more than 3.7% over the next ten years, reaching a market valuation of US$ 2.1 billion by 2021 and beyond. The production of automated ice cream machinery has expanded in tandem with the increased demand of …
Revolutionizing Air Traffic Control: Aircraft Sequencing System Market to Witness Significant Growth by 2027
The study titled ‘Aircraft Sequencing System Market – Global Industry Analysis 2013 to 2017 and Market Forecast 2018 to 2027′ was produced by Future Market Insights (FMI). The aircraft sequencing system market is predicted to grow at a strong 11.5% CAGR over the forecast period, owing mostly to rising air traffic and steadily improving commercial …
Growing Demand for Efficient and Lightweight Fastening Solutions to Propel Rivet Gun Market by 2028
With a value CAGR of 6.1%, the worldwide rivet gun market is estimated to reach US$ 799.9 Million by the end of the forecast period. Increasing demand for pneumatic rivet guns and greater online rivet gun sales are two important reasons projected to fuel worldwide rivet gun demand. Increasing popularity of power tools and design …