In 2022, the market for produced water treatment systems is anticipated to be worth roughly US$ 4.29 billion. The global market is anticipated to grow at a CAGR of 5.8% between 2022 and 2029, surpassing a valuation of US$ 6.38 Billion by that year due to rising oil and gas activities around the world. In …
Category Archives: Industrial News
Delivering Powerful Performance | Promising Growth Opportunities in the U.S. Hitter Based Hand Tools Market from 2022 to 2028
The market for hitter-based hand tools in the United States is expected to reach US$ 687.1 million by 2028, expanding at a CAGR of 3.3% during the forecast period (2022 – 2028). In light of increased construction and DIY activities in the region, FMI has specifically studied the US market for hitter-based hand tools. Various …
Powering the Future of Energy Storage | Flourishing Growth of the Silicon Anode Battery Market from 2023 to 2033
The global silicon anode battery market is likely to be valued at US$ 2.7 billion in 2023. The increasing application of technologically improved silicon anode batteries with high storage capacity across various industries is driving the market growth. FMI projects market is estimated to garner US$ 131.6 billion in 2033, recording a CAGR of 47.5%from 2023 to …
Reliable Fluid Transfer Solutions | Lucrative Growth Potential in the Industrial Hose Assemblies Market from 2022 to 2028
The global industrial hose assemblies market is expected to be worth US$ 19,973.7 million in 2022, rising at a 6.5% CAGR to US$ 37,556.7 million by the end of 2028. China is expected to dominate the global industrial hose assemblies market throughout the forecast period. Chinese market participants benefit from economies of scale and lower …
Enhancing Effluent Treatment Efficiency | Robust Growth Potential in the Lamella Clarifier Market from 2022 to 2032
The global lamella clarifiers market is expected to be worth approximately US$ 489.2 million in 2021, with a CAGR of 4.7% from 2022 to 2032. The market is expected to be worth US$ 806.7 million by 2032. Water reuse is becoming increasingly important as the prevalence of water scarcity grows globally. China is the world leader in …
Meeting the Growing Demand for Clean Water | Promising Growth Outlook for the Water Treatment Market by 2029
The global water treatment market is projected to grow 6% in 2019 and reach a total valuation of ~US$ 48,951.8 million from ~US$ 46,162.7 million in 2018 as per the recent report published by Future Market Insights. The global water treatment market is expected to grow due to increased demand for potable water, changing government …
Transforming Workplace Communication and Safety | Thriving Market for Industrial Hearables from 2022 to 2026
Between 2022 and 2026, the Industrial Hearables Market is expected to grow at a 7.8% CAGR. Future Market Insights (FMI) predicts that the market will be worth more than US$ 991.5 million in 2026. Industries could be a potential area where hearable technology evolves on a larger scale, assisting in augmenting hearing and improving hearing …
Controlling and Optimizing Fluid Flow | Flourishing Market for Industrial Valves from 2022 to 2029
The worldwide industrial valves market is expected to be worth around US$ 71.8 billion in 2022. Overall demand for industrial valves for material flow management is expected to grow at a modest 4.3% CAGR from 2022 to 2029, reaching US$ 96.2 billion by 2029. Steel will continue to be the most popular material for the …
Advancements in Power Distribution | Lucrative Growth Opportunities in the Substation Automation Market from 2022 to 2032
According to a recent Future Market Insights analysis, the worldwide substation automation market is estimated to be worth US$ 29.12 billion in 2022. With rising demand for electric and hybrid cars, as well as increased use of digital technologies to improve grid efficiency in smart cities, global demand for substation automation is expected to expand …
Preserving Freshness and Safety | Robust Growth Potential in the High Pressure Processing Equipment Market from 2023 to 2033
The worldwide high-pressure processing equipment market is anticipated to be valued US$ 333.9 million in 2023 and US$ 1.1 billion by 2033. The market is predicted to increase at a 12.8% annual pace throughout the forecast period. Several reasons drive the high pressure processing equipment sector, including growing demand for processed foods, food safety concerns, …