The global fiber laser market, currently valued at an estimated USD 4,304 million, is projected to grow at a robust compound annual growth rate (CAGR) of 11.5% from 2024 to 2034. By the end of this forecast period, the market size is anticipated to reach a substantial USD 12,782.7 million. The industry is expected to see …
Category Archives: Industrial News
FMI Projection Affirms Global Deployable Military Shelter Market Size to Cross USD 1.7 Billion by 2033, Growing at a 4.8% CAGR
The deployable military shelter market expected to reach a noteworthy value of USD 1.7 billion by 2033. Sustaining a robust Compound Annual Growth Rate (CAGR) of 4.8% from 2023 to 2033, the market is anticipated to achieve a substantial milestone of USD 1.11 billion in 2023 alone. The demand for deployable military shelters is influenced by various …
FMI Analysis Indicates Global Agricultural Food Grade Rubber Conveyor Belt Market to Exceed USD 5,771.00 Million by 2033, Surging at a 5.00% CAGR
The agricultural food grade rubber conveyor belt market is poised for significant growth, with estimations indicating a surge to USD 3,542.90 million by 2023 and a further ascent to USD 5,771.00 million by 2033. This projected trajectory is underpinned by a steady Compound Annual Growth Rate (CAGR) of 5% throughout the forecasted period. The increasing demand for …
FMI Study Forecasts Global Hydraulic Gear Pumps Market Anticipated to Exceed USD 2,932.5 Million by 2034, Surging Steadily at 3.7% CAGR
The hydraulic gear pumps market is positioned for considerable growth, with a projected valuation of approximately USD 2,031.1 million by the end of 2024. Forecasts indicate a notable Compound Annual Growth Rate (CAGR) of 3.7% from 2023 to 2033, driving substantial market expansion and an estimated market value of around USD 3 billion. Hydraulic gear pumps are …
FMI Analysis Indicates Global Residual Current Circuit Breaker Market Share to Reach USD 4,718.6 Million by 2033, Rising at a 6.7% CAGR
The global residual current circuit breaker market is anticipated to reach a valuation of USD 2,467.0 million in 2023, driven by surge in data centers. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.7% between 2023 and 2033, and reaching a total valuation of approximately USD 4,718.6 million …
Global Pressure Reducing Valves Market Revenue Share to Surpass USD 3,932.20 Million by 2034, Surging at 4.7% CAGR
Future Market Insights (FMI) indicates promising prospects for the global pressure reducing valves market, poised to attain a substantial valuation of approximately USD 3,932.20 Million by 2034. Projections suggest a robust Compound Annual Growth Rate (CAGR) of 4.7% over the forecast period. This noteworthy growth trajectory is chiefly attributed to the escalating adoption of pressure-reducing valves …
Global Rig and Oilfield Mats Market Share Predicted to Exceed USD 2.94 Billion by 2034, With a 5.1% CAGR Growth | FMI Study
Anticipated Growth in the rig and oilfield mats market projected to reach a market value of USD 1.79 billion by 2024. Analysts at Future Market Insights predict a Compound Annual Growth Rate (CAGR) of 5.1% from 2024 to 2034. The industry is set to witness numerous technological advancements and substantial investments aimed at enhancing production techniques. These …
Global Process Liquid Analyzer Market Share Projected to Reach USD 4,888.5 Million by 2033, Surging at 5.5% CAGR
The global process liquid analyzer market is estimated to be valued at approximately USD 2,861.9 million in 2023. As the adoption of process liquid analyzers grows across industries such as oil and petrochemicals, water and wastewater treatment, and food and beverages, the overall demand is projected to increase at a moderate CAGR of 5.5% from 2023 to 2033, reaching over USD 4,888.5 million …
India Power Tools Market Valuation to Exceed USD 1,563.1 Million by 2033, Sustaining a Consistent 8.6% CAGR | FMI Study
The India power tools market value is forecast to increase from USD 686.0 million in 2023 to USD 1,563.1 million by 2033. Over the assessment period, demand for power tools in India is projected to surge at a CAGR of 8.6%. The construction segment is anticipated to maintain its dominance in the India power tools industry until 2033, with an estimated volume …
Global Adoption of Benelux Power Tools Market Share Expected to Reach USD 1.711 Billion by 2033, Surging at 4.6% CAGR
In 2023, the Benelux power tools market is expected to be worth USD 1,091.40 million. With the increasing use of power tools in the industrial and residential sectors, global demand is expected to expand at a 4.6% CAGR between 2023 and 2033. The adoption of benelux power tools market is anticipated to exceed USD 1.711 billion by …