Throughout the forecast period, the worldwide gas insulated substation market is expected to grow at a rapid 5.4% CAGR. The market for gas-insulated substations is currently valued at US$ 14.6 billion in 2023. The market for gas-insulated substations is expected to reach a high valuation of US$ 24.6 billion by 2033. Switchgear technological developments and …
Category Archives: Industrial News
China Industrial Hoses Market is projected to surpass a valuation of US$ 1.9 Billion by 2031, Get Insights FMI
The China Industrial hoses market is expected to rise by 5.7 percent year on year in 2021, defying early concerns about how the business would fare during a worldwide pandemic. The entire demand for industrial hoses in China is estimated to reach US$ 548 million metres by 2031. According to Future Market Insights (FMI), the China …
Water Electrolysis Machine Market is projected to register significant growth at a CAGR of 7.3% by 2033, FMI Study
This research report provides analysis and insights that are expected to be present through 2033, as well as their effects on market participants. The global water electrolysis machine market is expected to be worth US$ 25.5 billion by 2033. The global demand for water electrolysis machines is expected to grow at a 7.3% annual rate between 2023 …
Large Synchronous Motor Market is Projected to Register a Strong 5.5% CAGR from 2023 to 2033, Get Insights
In 2022, the global large synchronous motor market is expected to be worth US$ 6.5 billion. The industry is expanding as companies offer technologically advanced large synchronous motors with high-power and high-speed compressors. The market is expected to be worth US$ 11.4 billion in 2033, with a 5.5% CAGR from 2023 to 2033. In 2023, …
Domestic Booster Pumps Market is Expected to Reach a Strong Valuation of US$ 5,732.3 Million during Forecast 2023 to 2033 | Get Customized Reports
The adoption of domestic booster pumps is expected to increase at a CAGR of 7.2% during the forecast period. The domestic booster pumps market is anticipated to rise from US$ 2,860.1 million in 2023 to US$ 5,732.3 million in 2033. Various trends influencing the domestic booster pumps market include: Global population growth is causing a …
CBRN Protection Equipment Market to Expand at a Steady 5.5% CAGR from 2022 to 2029: Analysis of Key Trends, Drivers & Challenges
The global CBRN protection equipment market is expected to be worth US$ 8,306.4 million in 2029, with sales rising at a 5.5% CAGR. The market is expected to be worth US$ 5717.0 million by the end of 2022. Increased geopolitical volatility, hostile neighbouring nations, terrorist organisation threats, expanding regional wars, and stockpiling of various Weapons …
Global Electric Sub-meter Market is Projected to Reach a High Valuation of US$ 12.8 Billion by 2030: Analysis of Growth Opportunities and Trends
Global electric sub-meter sales were estimated to be worth US$ 9.74 billion by the end of 2021. By 2030, the market is expected to grow at a 3% CAGR and be worth US$ 12.8 billion. The electric sub-meter market is expanding as a result of rising demand for energy-efficient solutions and the desire to reduce …
Power Tool Gears Market to Grow at a CAGR of 5.1%, Reaching a Valuation of US$ 8.38 Billion from 2022 to 2030: Get Insights FMI
According to FMI’s analysis report, the global power tool gears market was valued at US$ 5.63 Billion in 2021 and is expected to grow at a CAGR of 5.1% between 2022 and 2030, with a significant impact felt in the initial period of forecast due to the current shutdown of manufacturing industries in emerging markets. …
Turbidimeter Market is Expected to Reach a High Valuation of US$ 952.1 Million by 2029: Analysis of Growth Opportunities and Trends
According to Future Market Insights (FMI), the Global Turbidimeter Market will grow by 5.6% year on year in 2022, reaching a value of approximately US$ 641.8 Million by the end of 2022. The global business is expected to grow at a significant value CAGR of 4.0% between 2022 and 2029. The covid-19 outbreak is expected …
Commercial RAC PD Compressor Market is Projected to Exhibit a Strong 4.0% CAGR from 2022 to 2028, Says FMI
The global commercial RAC PD compressor market is expected to reach US$ 5.1 billion in 2022, growing at a robust 4.0% CAGR between 2022 and 2028, according to a new market research report by Future Market Insights. The study looks into the commercial RAC PD compressor market and offers key insights from 2022 to 2029. …