The global softgel encapsulation machine market is poised for substantial growth over the next decade, with a projected valuation of USD 159.6 million by 2032. This represents a compound annual growth rate (CAGR) of 4.3% from its estimated value of USD 104.5 million in 2022. The anticipated growth is largely driven by advancements in technology and production techniques, alongside …
Category Archives: Industrial News
FMI Study Affirms Global Transmission Components Market Size to Hit USD 80,279.2 Million Mark by 2032, Surging at 5.3% CAGR
The global transmission components market is poised for substantial growth, with projections indicating a remarkable valuation of USD 80,279.2 million by 2032, fueled by a steady Compound Annual Growth Rate (CAGR) of 5.3% from 2022 to 2032. This notable expansion is underpinned by pivotal factors, prominently the rapid pace of global industrialization. As industries worldwide undergo expansion and transformation, …
FMI Analysis Affirms Global Inductor Market Size Anticipated to Exceed USD 21,417.5 Million by 2032, Surging at 6.1% CAGR
The global inductor market is currently witnessing substantial expansion, characterized by a noteworthy year-on-year increase of 5.6% in 2022. This surge is anticipated to propel the market’s estimated value beyond USD 11,862.1 million by the conclusion of the year. Fueled by optimistic forecasts for sustained growth, the market is strategically positioned to maintain a robust Compound Annual …
Global Motor Soft Starters Market Poised for Remarkable Growth, Projected to Reach USD 3.7 Billion by 2033 | FMI Study
According to a recent report released by Future Market Insights (FMI), the global motor soft starters market is on a trajectory of sustained growth, expanding at a compound annual growth rate (CAGR) of 4.8% from 2023 to 2033. By the end of this forecast period, the market is expected to reach a valuation of USD 3.7 billion, driven …
Global Street and Roadway Lighting Market Poised for Robust Growth, Projected to Reach USD 16.4 Billion by 2033 | FMI Study
The global street and roadway lighting market is set to witness remarkable growth over the coming decade, with projections highlighting a steady compound annual growth rate (CAGR) of 5.4% from 2023 to 2033. As of 2023, the market is valued at USD 9.7 billion and is anticipated to reach an impressive USD 16.4 billion by 2033, reflecting the growing …
Global Plate Heat Exchanger Market Valuation Predicted to Surpass USD 6,463.9 Million by 2033, Surging Steadily at 4.6% CAGR
Global sales of plate heat exchangers are set to be valued at over USD 4,113.9 million in 2023. From 2023 to 2032, the worldwide plate heat exchanger market will expand at 4.6% CAGR. Total market size at the end of 2033 is likely to reach USD 6,463.9 million. Growing demand from industries such as chemical processing, food & beverage industries, etc. is …
Global Palletizing Systems Market Revenue Share to Exceed USD 3,412.6 Million Mark by 2032, Growing Steadily at 4.8% CAGR
The global palletizing systems market underwent a significant valuation of USD 2,134.1 million in 2022, it anticipates a remarkable escalation to an extraordinary USD 3,412.6 million by 2032, supported by a consistent compound annual growth rate (CAGR) of 4.8%. This remarkable growth is propelled by a convergence of factors reshaping the palletizing landscape, aligning with evolving consumer demands and …
Global Palletizing Machines Market Share Estimated to Drive Past USD 4,195 Million Mark by 2032, Growing Steadily at 5.2% CAGR
The global palletizing machines market is poised to achieve a substantial value of USD 4,195 million by 2032, propelled by an impressive Compound Annual Growth Rate (CAGR) of 5.2% from an initial valuation of USD 2,523.5 million in 2022. This progression underscores the pivotal role played by palletizing machines in modern manufacturing and logistics operations. A key driver behind …
Global Laser Cutting Machine Sales Projected to Surpass USD 6,635.90 Million Mark by 2034, Surging Steadily at 5.80% CAGR
The global laser cutting machine market is experiencing significant growth, with projections indicating a rise from USD 3,776.10 million in 2024 to USD 6,635.90 million by 2034, representing a compound annual growth rate (CAGR) of 5.80%. This upward trajectory underscores the increasing demand for precision engineering solutions across various industries. Industry Scope & Demand: Laser cutting technology has become …
The USA Commercial Walk-In Refrigeration Market Size to Hit USD 1,980.1 Million Revenue by 2032, Driven by 4.31% CAGR
The USA commercial walk-in refrigeration market is on track to achieve a substantial valuation of USD 1,980.1 million by 2032, showcasing a commendable Compound Annual Growth Rate (CAGR) of 4.31% from 2022 to 2032. This robust growth trajectory is fueled by the indispensable role fulfilled by commercial walk-in refrigeration systems. Acting as silent guardians, these systems play a pivotal …