The power transformer market exhibited year-on-year growth of 4% in 2021, backed by increasing efforts towards incorporating modern energy solutions in existing power system and high demand of efficient and reliable power supply. Future Market Insights (FMI) states that, power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with …
Category Archives: Industrial News
Passenger Boarding Bridge Market to Display Impressive Growth of 8.0% CAGR from 2022 to 2029, Says Future Market Insights, Inc.
Global passenger boarding bridge market was valued at US$ 1.88 Bn in 2021 and the sales are expected to surpass US$ 3.10 Bn by the end of 2029. Rapid automation and increasing focus on safety measures in aviation industry are propelling the demand in passenger boarding bridge market. Future Market Insights (FMI), in its latest study, underlines the growth trail of passenger …
Refrigeration Leak Detector Market is Projected to Reach the Valuation of US$ 107.03 Million from 2022 to 2032 | Future Market Insights, Inc.
The refrigeration leak detector market is expected to reach the anticipated market value of US$ 107.03 Million by 2032, while it expands its roots in the global market at a lower CAGR of 3.0% (2022-2032). The market holds a revenue of US$ 82.03 Million in 2022. These detectors assist in stopping the leakage of dangerous gases in a number …
Commercial Refrigeration Compressor Market to reach a valuation of US$ 13,090.8 Million from 2022 to 2032 | Get Customized Reports
The commercial refrigeration compressor market at US$ 8,567.6 Mn in 2022 and has predicted the market to surge at a CAGR of 4.3% to reach a valuation of US$ 13,090.8 Mn by 2032. The increase in the use of the natural and energy-efficient refrigerants is anticipated to sustain the trend over the projection tenure. The Global Commercial …
Magnetic Separator Market is set to reach a valuation at US$ 1.7 Billion during Forecast 2022 to 2029 | Get Insights FMI
Over the forecast period of 2022-2029, sales in the global magnetic separator market are expected to increase at a CAGR of 3.8%. According to Future Market Insights (FMI), in 2022, sales of magnetic separators will be accounted for by nearly 22.5% of the market in East Asia. Magnetic separator is a type of separation and sorting …
Carbide Tools Market to Display Impressive Growth of 7.2% CAGR from 2022 to 2029, With Rising Demand
Sales in the global carbide tools market are slated to top US$ 7.0 Bn in 2022. Expanding at a healthy 7.2% CAGR, the market size is projected to total US$ 10.7 Bn by 2029. Estimated at a healthy Y-o-Y growth of 6.4%, global revenues of carbide tools market are set to exceed US$ 7 billion in 2022. A new Future Market Insights (FMI) study forecasts …
Busbars Market is Expected to Reach a valuation of US$ 23,177.7 Million during Forecast 2022 to 2028 | Future Market Insights, Inc.
According to Future Market Insights’ most recent report, the global busbars market is expected to exceed US$ 23,177.7 Mn by the end of 2028, up from US$ 18,278.9 Mn in 2022, at a CAGR of 4.0%. Demand was sustained due to enhanced application across commercial spaces, including hotels, research centers, hospitals, and residential buildings. This …
Dry Vacuum Pumps Market Is Expected To See a growth of 6.1% CAGR during Forecast 2022 to 2028 | Future Market Insights, Inc.
The global dry vacuum pumps market is projected to increase from a valuation of US$ 2.25 Bn in 2022 to US$ 3.22 Bn by 2028. Dry vacuum pumps are predominantly used in end-use industries, such as electronics and semiconductors, and pharmaceutical and chemical industries. There is a continuous thrust on renewable power production across the globe, in the wake of global warming …
Hydraulic Gear Pumps Market: Notable Developments & Geographical Outlook 2022 to 2030
Presumably surpassing the sales volume of 55,000 thousand units by 2020 end, hydraulic gear pump landscape is projected for moderate expansion in the near future. As presented in a recent market research report published by Future Market Insights offers exclusive insights on the global and regional growth scenario of hydraulic gear pump landscape, emphasizing on …
Vibrating Screen Market reach a value of US$ 2.3 Billion during Forecast 2022 to 2029 at a CAGR of 7.6%
The global vibrating screen market is expected to reach $1.37 billion in 2022. The market is expected to reach US$ 2.3 billion by 2028, growing at a healthy 7.6% CAGR. The increased use of vibrating screens made of polyurethane materials in gold, iron ore, and coal processing activities is expected to drive market growth. These products can separate various minerals …