The global electric and hydraulic wellhead drives for onshore application market is expected to grow at a moderate rate of 8.4% during the forecast period. In 2022, the market is currently valued at US$ 167.19 Million. By 2032, the onshore market for electric and hydraulic wellhead drives is expected to reach US$ 374.53 million. The …
Category Archives: Industrial News
Industrial Motors Market is expected to grow at a 3.5% CAGR, resulting in a valuation of approximately US$ 917.3 Million by 2032 | FMI
From 2022 to 2032, the global industrial motors market is expected to grow at a 3.5% CAGR, reaching a value of more than US$ 917.3 million in 2032. Several government agencies, including the European Water Association (Europe), the Environmental Protection Agency (US), and the India Water Works Association (India), are actively developing laws and regulations …
Vacuum Cleaner Filter Market is projected to expand at an impressive CAGR of 9.3% from 2022 to 2032 | FMI Study
According to Future Market Insights (FMI), the global vacuum cleaner filter market will be worth US$ 1924.1 million in 2022. According to the report, the market will grow at a positive CAGR of 9.3% between 2022 and 2032. During this time period, the market for vacuum cleaner filters is expected to be driven by rising …
Screw Conveyor Market is Expected to Expand a Valuation of US$ 1,416.3 Million by 2032, Says FMI
According to Future Market Insights, global screw conveyor sales are expected to reach around US$ 884.2 million in 2022. Over the forecast period 2022 to 2032, the overall market size is expected to grow at a 4.8% CAGR, surpassing US$ 1,416.3 million by the end of 2032. The increasing use of screw conveyors in various …
Cattle Handling Systems Market is expected to grow from US$ 2,630 million in 2023 to US$ 4,983 million by 2033
The global cattle handling systems market will expand at a reasonable 6.6% CAGR. This market is expected to be worth US$ 2,630 million in 2023. By 2033, the cattle handling systems market is expected to be worth US$ 4,983 million. Even the best ranchers find raising and managing cattle herds difficult. From a distance, cattle …
Latin America Construction Equipment Market to Display Impressive Growth of 4.6% CAGR by 2032
The Latin America construction equipment market is expected to grow from US$ 8,676.6 million in 2022 to US$ 13,586.7 million by 2032, with overall sales increasing at a CAGR of 4.6% over the forecast period. Government investments in developing and expanding public infrastructure are expected to drive demand for construction equipment in Latin America during …
North America Electrical Testing Services Market is Expected to Register a Strong 5.90% CAGR by 2031, Get Insights FMI
According to the report, the North America electrical testing services market will grow at a 5.9% CAGR between 2021 and 2031. The economic impact of COVID-19 reduced demand for electrical testing services in 2020. With various end-use sectors already returning to normal operations, the market for electrical testing services in North America will expand. The …
Marine Fuel Injection System Market is Expected to Expand at a CAGR of 3.63% from 2023 to 2033 | FMI Study
The global marine fuel injection system market is expected to generate US$ 7954.2 million by 2033, up from US$ 5568.6 million in 2023. From 2023 to 2033, the target market is expected to grow at a sluggish CAGR of 3.63%. During this time period, the marine fuel injection system market is expected to grow 1.4 …
Automatic Weigh Price Labelling Machine Market is Projected to Exhibit a Strong 6.3% CAGR from 2022 to 2032, Says Future Market Insights, Inc.
According to Future Market Insights, global sales of automatic weigh price labelling machines will exceed US$ 293.3 million in 2022. (FMI). From 2022 to 2032, market demand is expected to grow at a CAGR of more than 6.3%. According to Future Market Insights, rising consumer brand consciousness is driving up demand for dairy products, meat …
Industrial Gearbox Market is Projected to Surpass US$ 47.16 Billion from 2023 to 2033| Get Insights FMI
The industrial gearbox market is expected to be worth US$ 30.08 billion in 2023, rising to US$ 47.16 billion by 2033. During the forecast period, demand is expected to grow at a CAGR of 4.6%. Because industrial gearboxes are used to control the speed and torque of production-related machinery and components, demand for these gearboxes …