The global synchronous condenser market is expected to reach roughly US$ 1.01 billion in 2022, with a year-on-year growth rate of 7.9%. However, with the increasing usage of the synchronous condenser across a wide range of end-use sectors, the entire market is expected to increase at an 8.2% CAGR between 2022 and 2029, totaling US$ …
Category Archives: Industrial News
Environment Testing, Inspection, and Certification Market is Expected to Reach US$ 33,237.9 Million from 2022 to 2032: Analysis of Key Trends, Drivers & Challenges
Furthermore, as environmental concerns grow around the world, the entire demand for environmental testing, inspection, and certification is expected to rise at a 6.4% CAGR between 2022 and 2032, totalling roughly US$ 33,237.9 Million by 2032. The global environment testing, inspection, and certification market was worth US$ 15,648.6 million in 2021 and is expected to …
Global Water Softening Systems Market Poised for Robust Growth with Impressive 6.5% CAGR by 2031: Assessment of Key Drivers, Restraints and Future Outlook
According to a recent market survey conducted by ESOMAR-certified consulting firm Future Market Insights (FMI), the global water softening systems market is expected to grow at a robust 6.5% CAGR between 2021 and 2031, surpassing a market valuation of US$ 10.82 Billion in 2021. Future Market Insights anticipates a comparison and review analysis of the …
Industrial PC Market is Projected to Surpass US$ 9.4 Billion by 2032: Assessment of Key Drivers, Restraints and Future Outlook
The Industrial PC Market is expected to grow at a 6% CAGR from US$ 5 billion in 2021 to US$ 9.4 billion in 2032. As more emphasis is placed on automation and IoT, IPCs are primarily used in electronics and semiconductors, aerospace and military, and automotive manufacturing. The Industrial Internet of Things (IIoT) is being …
Electrical Digital Twin Market Is Expected To See a growth of 12% CAGR by 2032 | Says Future Market Insights, Inc.
As per a new market research report on the electrical digital twin market published by Future Market Insights, the sales of electrical digital twin will advance at a CAGR of 12% from US$ 0.9 billion in 2021 to US$ 3.13 billion in 2032. The increased acceptance of innovative technologies such as IoT and cloud for digital twin …
Ultra Short Base Line Positioning System Market to Display Impressive Growth of 5% CAGR by 2031 | Get Customized Reports
According to a recent market analysis conducted by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ultra-short base line positioning system market is expected to reach US$ 127.7 Million by 2021. Expansion of commercial trade via maritime operations, as well as increased interest in recreational travel, are key trends driving sales of ultra-short base …
Global Micro CHP Market to Surpass a Valuation of US$ 2 Billion during Forecast 2022 to 2032 | Get Customized Reports
The global micro CHP market is expected to be worth US$ 1 billion by 2022. High efficiency, reduced fuel consumption, and increased power manifestations across applications will drive industry growth, as will strict regulation in the energy sector to reduce extreme climatic conditions. The overall demand for micro CHP is expected to grow at a …
Commercial Booster Pumps Market is Expected to Expand at a 7.6% CAGR during Forecast 2023 to 2033 | FMI
According to estimates, commercial booster pump sales worldwide are likely to reach US$ 5,809 million in 2023. In a detailed industry analysis, the global commercial booster pump market is projected to grow a CAGR of 7.6% and reach US$ 12,084.3 million by 2033. These pumps have an inlet, outlet, motor, and pressure monitoring device that …
Global Automatic Door Control Market is Expected to Grow at a CAGR of 7.8% by 2032 | Says Future Market Insights, Inc.
The global automatic door control market is expected to be worth US$ 24,267.4 million in 2022, growing at a moderate 7.8% CAGR during the forecast period. By 2032, the market is expected to be worth US$ 51,365.6 million. Future Market Insights discovered a historical CAGR of 4.6% during its research. A living body emits infrared …
Europe Multi Attachment Loaders Market is Expected to Register a CAGR of 2.8% by 2031, Study by FMI
By the end of 2021, the Europe Multi Attachment Loaders Market is expected to grow 2.4% year on year (YoY) to US$ 833.3 Million. The European market for multi-attachment loaders is expected to grow at a CAGR of 2.8% between 2021 and 2031. Multi-attachment loaders accounted for nearly 36% of compact loaders in 2020, and …