By the end of 2032, the global membrane air dryers market is estimated to cross US$ 1 billion. Membrane air dryer sales are estimated to approach $730 million by 2022, rising at a 6.5% CAGR between 2022 and 2032. Membrane air dryers are a type of air drying equipment that removes water vapour and other contaminants from …
Category Archives: Industrial News
Automation Redefined: Warehouse Robotics Market Poised for Exponential Growth till 2033
The global warehouse robotics market is expected to reach US$ 4,924.3 million by 2033, according to Future Market Insights (FMI). It is expected to grow at a CAGR of 13.7% between 2023 and 2033. By 2023, the market is expected to be worth US$ 1,365.8 million. The rising demand for consumables and perishable goods across multiple industries, …
Electrostatic Safety Reinforced: ESD Safe Matting Market Set to Surge through 2032
The global market for ESD safe matting is anticipated to be worth US$ 101.72 million in 2022, rising to US$ 147.71 million by 2032. During the projected period of 2022 to 2032, the market is expected to grow at a CAGR of 3.8%. The increasing use of ESD-Safe Mat in industries such as table, bench, …
Screening Solutions for Industry: Wedge Wire Screen Market Projected to Witness Strong Growth by 2032
The global Wedge Wire Screen market was worth US$ 0.68 billion in 2021 and is expected to grow at a 4% CAGR to US$ 0.71 billion in 2022. Because of its high strength, rigidity, and weight carrying capacity, the wedge wire screen market is expected to grow in the coming years. The entire structure is then compressed …
Bulk Terminals Market Expectations & Growth Trends Highlighted till 2030
The COVID-19 outbreak has caused recent global seaborne trade slowdowns, but the number of minor bulk terminals market has increased significantly. Future Market Insights (FMI) analysts estimate that minor bulk trade globally has increased to 1.74 billion tonnes. According to FMI research, the production of steel and forest products accounts for 43% of minor bulk …
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India Electrical Testing Service Market is estimated to reach a valuation of US$ 296.02 Million by 2032
By 2022, the India electrical testing services market is anticipated to be worth US$192.45 million, expanding at a CAGR of 4.4% from 2022 to 2032. The market for electrical testing services is anticipated to reach US$ 296.02 million in value by 2032. Because reliable and affordable electrical power is so widely available, modern industry has …
Oil & Gas Terminal Automation Market is anticipated to grow at a CAGR exceeding 7.8% through 2032
The global oil and gas terminal automation market is anticipated to exhibit a strong CAGR of 7.8% between 2022 and 2032, opening up an opulent growth opportunity. The market size was estimated to be worth US$ 1258.0 Million in 2021, and it is anticipated to surpass US$ 1303.1 Million in 2022. By 2032, it is …
India Power Tool Market is expected to reach with a CAGR of 8.9% between 2022 to 2032
Over the forecast period of 2022 to 2032, the global Indian power tool market is expected to grow at a profitable rate, with a CAGR of 8.9%. By 2022, the global market is anticipated to be worth US$ 5672.60 Million, and by 2032, it is anticipated to be worth US$ 13306.41 Million. Power equipment is …
USA plastic-to-fuel market is estimated to reach a worth of around US$ 221.3 Million by 2032
Over the anticipated years of 2022 to 2032, the US plastic-to-fuel market is anticipated to experience a remarkable growth rate of 7%. The US plastic-to-fuel market is expected to grow from its current valuation of US$ 112.5 million in 2022 to a size of about US$ 221.3 million by the end of the year 2032. …
Lead Acid Battery Market is projected to be worth US$ 90.5 Billion by 2032
In 2022, the value of the lead acid battery market is anticipated to be US$ 54.3 billion. According to Future Market Insights’ (FMI) analysis, lead acid battery sales will grow at a 5.2% CAGR between 2022 and 2032. The study estimates that by 2032, the global lead acid battery market will be worth more than …
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