As per Future Market Bits of knowledge (FMI), the global heat pumps market will increment by 3.6% every year in 2022, arriving at a worth of about US$ 33,156 Million continuously’ s end. At a CAGR of 4.3%, the market is expected to arrive at US$ 50.714 Million by 2032. The underlying decrease of energy …
Category Archives: Industrial News
Global Industrial Solar Water Heaters Market to Expand at a Steady 3.7% CAGR from 2022 to 2032: Analysis of Key Trends, Drivers & Challenges
The global industrial solar water heaters market is anticipated to reach a valuation of US$ 1,138.9 Million in 2032, with the market growing at an average CAGR of 3.7% over the forecast period of 2022 to 2032. Climbing up from a value of US$ 763.69 Million in 2021, the target market is expected to reach an estimated US$ 791.8 Million by …
Global Direct Drive Wind Turbine Market is Projected to Surpass a Valuation of US$ 18.3 Billion from 2022 to 2032: Assessment of Key Drivers, Restraints and Future Outlook
From 2022 to 2032, the global direct drive wind turbine market is expected to be worth US$ 18.3 billion, with a CAGR of 16.2%. By 2022, it is expected to exceed US$ 14.6 billion. During the assessment period, direct drive wind turbine sales are expected to increase due to the urgent need to reduce noise, …
Wedge Wire Screen Market to Expand at a Steady 4% CAGR by the end of 2032: Trends and Forecast
In 2021, the global Wedge Wire Screen market was worth US$ 0.68 billion, and it is expected to grow at a 4% CAGR to US$ 0.71 billion in 2022. The wedge wire screen market is expected to grow in the coming years due to its high strength, rigidity, and weight carrying capacity. Ring nuts are …
Food Sorting Machines Market to Reach US$ 2 Billion by the end of 2032: Analysis of Growth Opportunities and Trends
By 2022, the global market for food sorting machines is expected to exceed US$ 1.5 billion. Global demand for packaged food products is expected to grow at a 5% CAGR during the assessment period, with the market approaching US$ 2 billion by 2032. Food sorting machines are becoming more popular as the world’s population grows …
Amorphous Metal Cores Market to reach a valuation of US$ 1610.90 Million from 2022 to 2032 | Report by Future Market Insights, Inc.
The market for amorphous metal cores is expected to grow at a 7.5% CAGR from 2022 to 2032, rising from US$ 781.6 Million in 2022 to US$ 1610.90 Million by 2032. The amorphous metal cores market is expected to show promising growth prospects between 2022 and 2032. Amorphous metal cores, also known as vitreous metals, …
Optoelectronic Transducers Market to be evaluated at US$ 3645.8 million by 2032 | Research by FMI
With a CAGR of 4.3% over the forecast period, the global optoelectronic transducers market is expected to be worth US$ 3645.8 million by 2032, up from US$ 2403.5 million in 2022. Optoelectronics is a critical foundation technology that encompasses electronic devices that emit, modulate, and transmit light signals. In order to measure the light intensity, …
Combi Cooler Market is Expected to Reach a Strong Valuation of US$ 332.3 Million by 2032 | Future Market Insights, Inc.
The global combi cooler market is expected to grow at a 3.7% CAGR from 2022 to 2032, reaching a valuation of more than US$ 332.3 Million by 2032. Because of rising demand from end-use industries such as oil and gas, chemical, energy and transmission, automotive and aerospace, and heavy machinery manufacturing, the combi cooler market …
Global Solar Inverter Market to Exceed a Valuation of US$ 18.9 Billion by 2032 | Future Market Insights, Inc.
In 2022, the global Solar Inverter Market is expected to be worth US$ 11 billion. Over the forecast period, market sales are expected to grow at a 6% CAGR. The growing use of solar panels and renewable energy will drive market growth. The widespread use of solar inverters in residential, commercial, industrial, and utility applications …
Automated Parcel Delivery Terminals Market to Surpass a Valuation of US$ 2 Billion by 2032 | Future Market Insights, Inc.
According to industry forecasts, the global market for automated parcel delivery terminals will reach US$ 720 million by 2022 and US$ 2 billion by 2032, growing at a 10.9% CAGR from 2022 to 2032. With increased demand for more deliveries and increased pressure for faster response times, shorter transportation times in the market’s automated parcel …