The global aerial work platforms market size is anticipated to reach a valuation from US$ 10,157.9 Million in 2022 to US$ 18,658.0 Million by 2032 and is set to exhibit growth at a CAGR of 6.3% during the forecast period from 2022 to 2032. Aerial access devices, such as scissor lifts, are gaining immense popularity as infrastructural developments and regional economic expansions continue …
Category Archives: Industrial News
Solar Shading Systems Market Enhances Building Climate Control during Forecast 2022 to 2032
The global solar shading systems market is expected to be worth US$ 5.72 billion by 2032, with sales increasing at a moderate CAGR of 3% between 2022 and 2032. The rapidly developing construction and infrastructure industry is driving the market, which is expected to be worth US$ 3.9 billion in 2022. Participants in the solar …
Transformer Monitoring System Market Advances Asset Management from 2022 to 2032
The global transformer monitoring system market will be worth US$ 2,785.2 million in 2022. It is expected to grow at a compound annual growth rate of 8.9% between 2022 and 2032, reaching US$ 6,539.2 million by the end of that year. It is expected to grow at an estimated 8.9% CAGR between 2022 and 2032, reaching US$ …
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Bulk Material Handling System Market Optimizes Logistics and Operations during Forecast 2023 to 2033
The global bulk material handling system market size is likely to be valued at US$ 5.4 billion in 2023. The increasing application in the various end-use industries is driving market growth. The market is estimated to garner US$ 6.9 billion in 2033, recording a CAGR of 2.5% from 2023 to 2033 With increased industrialization and infrastructure development, the …
Hand Tools Market Drives Precision and Productivity during Forecast 2023 to 2033
The hand tools market is anticipated to expand its roots at an average CAGR of 5.8% between 2023 and 2033. The market is projected to have a market share of US$ 27.9 billion by 2033 while it is likely to be valued at US$ 15.9 billion in 2023 Advanced features-loaded hand tools such as wrenches, …
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Australia Conveyor Maintenance Market: Growing Focus on Operational Efficiency and Equipment Longevity Drives Market Growth during Forecast 2022 to 2032
Over the forecast period of 2022 to 2032, the global Australian conveyor maintenance market is expected to grow at a sluggish 2.9%. The global market is expected to create approximately US$ 675.29 million in sales in 2022, rising to an anticipated value of US$ 873.43 million by 2032. According to a global assessment of the Australian conveyor …
High Pressure Processing Equipment Market: Increasing Demand for Food Preservation Technologies Fuels Market Growth from 2023 to 2033
The global high-pressure processing equipment market is expected to be worth US$ 333.9 million in 2023 and US$ 1.1 billion by 2033. Over the forecast period, the market is expected to grow at an annual rate of 12.8%. The high pressure processing equipment industry is driven by a number of factors, including rising demand for processed foods, food …
Poultry Keeping Machinery Market: Rising Demand for Automated and Efficient Poultry Farming Solutions Propels Market Expansion between 2022 and 2028
The global poultry keeping machinery market is set to be valued at around US$ 5.09 Billion in 2022, registering Y-o-Y growth of 3.2%. The market is projected to increase at a CAGR of 3.6% and attain a valuation of US$ 6.54 Billion by 2028. The study primarily attributes the market for poultry keeping equipment’s bright future to …
Power Tools Market: Increasing DIY Culture and Home Improvement Projects Drive Growth Forecasted from 2022 to 2032
The global power tools market size was valued at US$ 33.36 Billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 5.1% CAGR between 2022 and 2032. Tools that are activated using a power source apart from manual labor are termed as power tools. They are used in a variety of …
Solar Microinverter Market: Accelerated Adoption of Solar Energy Systems Drives Market Growth from 2022 to 2032
The global solar microinverter market is expected to grow at an 18.1% CAGR from 2022 to 2032, reaching a valuation of US$ 5,716.0 Million. In 2022, the integrated system category is expected to account for around 8% of the worldwide solar microinverter market by system type. According to World Bank forecasts, the global economy would grow by …