With a CAGR of 5.5% from 2022 to 2032, the underwater light market is anticipated to grow to US$ 306 million in 2022 and US$ 523 million by 2032.With various underwater activities over the past two decades, underwater lighting adoption is likely to increase. When it appears to be nighttime, it is frequently used for …
Category Archives: Industrial News
Water Turbine Market Is Likely To Rise To Estimated To Reach US$ 3.8 Billion By 2032
The water turbine market is anticipated to grow to US$ 2.4 billion in 2022 and to US$ 3.8 billion by 2032, with a forecasted CAGR of 4.7% from 2022 to 2032. Globally, industries are gravitating more towards renewable energy sources like solar, water, and wind. In which there is a significant increase in the demand …
Echo Sounders Market is expected to accumulate US$ 412 Million during forecast year by 2032
The echo sounders market is anticipated to be worth US$ 298 Million by the end of 2022. The market is expected to grow at a CAGR of 3.3% from 2022 to 2032, with a projected closing value of US$ 412 Million. Between 2016 and 2021, the market grew historically at a CAGR of 2.9%. A …
Modular Robotics Market to Generate US$ 47.68 billion by 2032
During the forecast period, the modular robotics market is anticipated to grow at a healthy CAGR of 18%. According to estimates, the modular robotics market will be worth US$ 9.11 billion in 2022 and US$ 47.68 billion by 2032. One robot can be flexible and perform several tasks thanks to the robotic system’s modular design. …
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Commercial Induction Cooktops Market to Generate US$ 17.5 Billion in 2032 – Future Market Insights, Inc.
With sales increasing at a strong CAGR of 8.2% from 2022 to 2032, the global commercial induction cooktops market is anticipated to reach US$ 17.5 Billion in 2032. The commercial induction cooktops market is anticipated to grow from a value of US$ 11.6 Billion in 2021 to an estimated US$ 12.3 Billion in 2022. The …
Water Clarifiers Market is Projected to Exhibit a Strong 5.4% CAGR from 2022 to 2032, Says FMI
The global water clarifiers market is expected to grow at a 5.4% CAGR during the forecast period, with a revenue of US$ 6,980.2 Million in 2022 and a revenue of US$ 11,854.3 Million by 2032. Water clarifiers are expected to see increased demand due to their high structural strength, high volume-to-area ratio, ease of sludge …
Biocomposites Market Poised for Robust Growth with Impressive 16.0% CAGR from 2022 to 2032, Get Customized Reports
Over the forecast period, the global biocomposites market is predicted to increase at an exponential rate of 16%. Valued at US$ 25 Billion in 2021, the biocomposites market is anticipated to reach US$ 128 Billion by 2032. The increased research and development efforts for composite materials and biocomposite uses and benefits such as recyclability, lightweight, and cost-effectiveness are …
VRF Systems Market is projected to reach US$ 29,884 Million from 2022 to 2032, FMI Study
The global VRF systems market is expected to be worth US$ 16,610 Million in 2022, with demand increasing at a 6% CAGR from 2022 to 2032. The market is expected to grow significantly to US$ 29,884 Million by 2032. VRF Systems are a well-known heating, ventilation, and air conditioning (HVAC) technology that extracts heat from …
District Cooling Market is Projected to Grow at a robust CAGR of 8% from 2023 to 2033 | FMI
According to a recent FMI report, the global district cooling market share is expected to reach US$ 63.2 billion by 2033, growing at an 8% CAGR during the forecast period. According to the study, rising demand for energy-efficient cooling technology has a proportional impact on district cooling adoption. Rapidly rising temperatures and the proven viability of district …
Global Micro Irrigation Systems Market is supposed to rise at a 13% CAGR by 2031, FMI Study
The global micro irrigation systems market is expected to grow at an exponential rate of more than 13% CAGR through the end of 2031, according to insights from the latest study from Future Market Insights (FMI) an ESOMAR-certified research and consulting firm. The report provides a detailed analysis in more than 20 high growth regional markets, with …