The global hydrogen combustion engine market is projected to have a high-paced CAGR of 9.78% during the forecast period. The market for hydrogen combustion engines is currently valued at US$ 18.22 billion in 2023. The market for hydrogen combustion engines is expected to reach a high of US$ 46.31 billion by 2033. The key factors driving hydrogen combustion engine …
Category Archives: Industrial News
Aseptic Processing Market is Projected to Register a CAGR of 6.7% during Forecast 2023 to 2033 | Report by FMI
Over the forecast period, the global aseptic processing market is expected to grow at a moderate rate of 6.13%. In 2023, the aseptic processing market is expected to be worth US$ 95.63 billion. Demand for aseptic processing is expected to reach US$ 173.37 billion by 2033. One of the main factors driving the global aseptic processing market is …
Industrial Cooling Systems Market is Expected to Reach a Strong Valuation of US$ 37.92 Billion from 2023 to 2033 | FMI Study
According to the most recent market estimate from Future Market Insights, the global industrial cooling systems market will be worth US$ 20.98 billion in 2023. During the forecast period, the market is expected to grow at a CAGR of 6.1%. Stringent environmental laws, greater investment in the chemical industry, and rising demand for energy-efficient systems all give …
Loading Spout Market Size to Reach a High Valuation of US$ 5,830 Million from 2022 to 2032, Says FMI
The global loading spout market is currently valued at US$ 3,495 Million and is anticipated to expand at a CAGR of 5.25%. Owing to the growing support from various governmental organizations, the market is likely to propel to US$ 5,830 Million by 2032. Heavy-duty loading spouts and standard-duty loading spouts are witnessing high demand in the loading spouts industry. This is attributed …
Cutting and Bending Machine Market is Expected to Register a Strong 7.1% CAGR during Forecast 2022 to 2032, Get Insights FMI
The global cutting and bending machine market will be worth more than US$ 8,238.3 million by 2022, according to Future Market Insights. Furthermore, from 2022 to 2032, overall sales of cutting and bending machines are predicted to expand at a CAGR of more than 7.1%, totaling US$ 16,383.6 Million. The increasing use of cutting and bending machines …
Transmission Components Market Size to be worth at a US$ 80,279.2 Million from 2022 to 2032 | FMI
The global transmission components market is estimated to grow at a CAGR of 5.3% during the forecast period from 2022 to 2032. The market is projected to reach a valuation of US$ 80,279.2 Million by the end of 2032 from US$ 47,966.7 Million in 2022. Development of advanced electrical line infrastructure in emerging countries is anticipated to propel the global transmission components …
Inductor Market is Expected to Expand at a Steady 6.1% CAGR from 2022 to 2032, Get Insights FMI
The global inductor market is predicted to surpass US$ 11,862.1 Million by 2022, with a year-on-year growth rate of 5.6%. With increasing adoption in automotive, industrial, and consumer electronics, worldwide demand for inductors is expected to expand at a 6.1% CAGR between 2022 and 2032, reaching a market worth of US$ 21,417.5 Million by 2032. …
U.S. Commercial Walk-In Refrigeration Market is expected to reach a valuation of US$ 1,980.1 Million during Forecast 2022 to 2032 | Future Market Insights, Inc.
According to Future Market Insights, the U.S. Commercial Walk-In Refrigeration Market is expected to reach US$ 1,298.1 Million in 2022 and grow at a CAGR of 4.3% from 2022 to 2032. Commercial walk-in refrigeration includes coolers and freezers used to chill or freeze food, beverages, pharmaceuticals, and other perishable goods. These enclosed cold storage rooms are less …
Mining Drill Market is Poised for Robust Growth with Impressive 4.7% CAGR from 2022 to 2032, Get Customized Reports
The global mining drill market is anticipated to be valued US$ 4996.7 million by 2032, rising at a CAGR of 4.7% between 2022 and 2032. This market is anticipated to be valued US$ 3144.4 million by the end of 2022. The mining drill market will develop throughout the forecast period as demand for effective mining …
Level Switches Market is poised to grow at 3.7% CAGR, totalling a valuation of US$ 4,133.7 Million from 2022 to 2032 | FMI Study
If the specified level or marked point falls below or rises above the specified point, the level switch or sensor detects the level of the liquid and sends a signal to the monitoring station. This helps the system respond and function effectively as soon as it detects something. The total demand for level switches is anticipated to …