The global radial drilling machine market is forecasted to be valued at US$ 8.8 Billion by 2032, up from US$ 4.2 Billion in 2022, advancing at a CAGR of 7.7% during the forecast period. Drilling activities such boring holes, reaming, countersinking, counterboring, tapping, and spot facing and tapping are in high demand due to the growing industrial …
Category Archives: Industrial News
Water Clarifiers Market is supposed to rise at a CAGR of 5.4% during Forecast 2022 to 2032 | Future Market Insights, Inc.
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 …
VRF Systems Market Size to Reach US$ 29,884 Million from 2022 to 2032 | Get Customized Reports
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 …
Cattle Handling Systems Market Analysis,Segments, Leading Player, Application & Forecast 2023 to 2033
The global market for cattle handling systems will grow at a reasonable 6.6% CAGR.This market is expected to be worth US$ 2,630 million in 2023. By 2033, the cattle handling systems market is expected to be worth US$ 4,983 million. Even the best ranchers find raising and managing cattle herds difficult. From a distance, cattle …
Power Transformer Market Outlook, New Business Opportunity & Demand Analysis by 2031| Get Customized Reports
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 …
Aseptic Processing Market is expected to boost 6.7% CAGR during Forecast 2023 to 2033, Get Customized Reports
Over the forecast period, the global aseptic processing market is expected to grow at a moderate rate of 6.13%. In 2023, the aseptic processing market is expected to be worth US$ 95.63 billion. Demand for aseptic processing is expected to reach US$ 173.37 billion by 2033. One of the main factors driving the global aseptic processing market …
Painting Robots Market is Projected to Surpass US$ 7.65 Billion by 2031: Analysis of Growth Drivers and Opportunities
The global painting robots market is expected to grow 8.3% year on year (YoY) to US$ 2.9 billion in 2021. According to the study, demand for robotic arms will rise at an 8.8% CAGR between 2021 and 2031, boosting the growth of the painting robots market. Between 2021 and 2031, overall sales of painting robots will increase …
USA and Canada Fence Screen Market Analysis, Key Players, Industry Segments & Forecast 2023 to 2033
The fence screen market in the United States and Canada is expected to be worth US$ 74.9 million in 2023. By 2033, the market is expected to be worth US$ 130.9 million. During the evaluation period of 2023 to 2033, it is expected to grow at a CAGR of around 5.7%. Increased use of fence …
Dry Vacuum Pumps Market is Projected to Exhibit a Strong 6.1% CAGR from 2022 to 2029, Says FMI
The global dry vacuum pump market is expected to grow from US$ 2.25 billion in 2022 to US$ 3.22 billion by 2028. Dry vacuum pumps are most commonly found in end-use sectors like electronics and semiconductors, as well as pharmaceutical and chemical industries. In the aftermath of global warming and the ongoing need to safeguard …
Carbide Tools Market is Projected to Surpass US$ 15 Billion from 2023 to 2033: Analysis of Growth Drivers and Opportunities
According to FMI’s estimate, the worldwide carbide tools market will grow at a 7.1% CAGR during the forecast period. The industry’s value is expected to rise from US$ 7.6 billion in 2023 to US$ 15 billion by the end of 2033. The widespread use of carbide tools in the manufacturing industry, owing to their efficiency, …