The global metal recycling equipment market is expected to be worth US$ 6.9 billion in 2022. Sales of metal recycling equipment are expected to exceed $11.5 billion by the end of 2032, up from US$6.5 billion in 2021. Metal recycling equipment demand is expected to grow at a CAGR of 6% to 7% between 2022 …
Category Archives: Industrial News
High Voltage Switchboard Market is Expected to Reach a High Valuation of US$ 4.8 Billion during Forecast 2022 to 2032
In 2022, the global high voltage switchboard market is expected to be worth US$ 2.9 billion. Consumption is expected to grow at a 5.2% CAGR from 2022 to 2032, reaching a valuation of US$ 4.8 billion. Market growth will be driven by rising energy demands, as well as increased demand for mining, power generation, and …
Motor Generator Set Market to Display Impressive Growth of 5.2% CAGR during Forecast 2022 to 2032 | Future Market Insights, Inc.
The global motor generator set market is expected to be valued at US$4,445.8 million by 2032, up from US$2,677.9 million in 2022, at a CAGR of 5.2% during the forecast period. To avoid disruptions in daily business activities caused by power outages, a motor generator set is used to provide electricity. Despite the lower cost …
Industrial Safety Gloves Market Is Expected To See a growth of 4.5% CAGR by the end of 2026 | Future Market Insights, Inc.
The almost US$ 6 billion industrial safety gloves market is expected to reach US$9.6 billion by the end of 2026, rising at a CAGR of more than 4.5% from 2017 to 2026. According to a recent Future Market Insights analysis, the industrial safety glove market is continuously rising, owing to the increasing adoption of workplace …
Machine Mounts Market is supposed to rise at a CAGR of 5.5% during Forecast 2022 to 2027 | Future Market Insights, Inc.
A new research report titled ‘Machine Mounts Market: Global Industry Analysis 2012 – 2021 and Opportunity Assessment 2022 – 2027′ by Future Market Insights provides a detailed estimate of the worldwide machine mounts market for the period 2022-2027. Because there are numerous designs available in each category of machine mount types, the report takes an …
Gas Circuit Breaker Market is Projected to Grow at a Strong CAGR of over 3.9% by the end of 2031| Future Market Insights, Inc.
According to Future Market Insights (FMI), the global gas circuit breaker market would be valued US$ 621.2 Million in 2021. Total sales of gas circuit breakers are predicted to expand at a CAGR of 3.9% between 2021 and 2031, compared to a CAGR of 3.5% between 2016 and 2020. Several of the industry’s main circuit …
Industrial Nailers Market is expected to reach a Strong valuation of US$ 1,432.6 Million during Forecast 2023 to 2033 | Future Market Insights, Inc.
The industrial nailers market is anticipated to expand its roots at a steady CAGR of 7.8% between 2023 and 2033. The market is predicted to cross a market share of US$ 1,432.6 million by 2033 while it is likely to be valued at US$ 678.6 million in 2023. The significantly growing construction industry with advancements …
Global Automatic Ducting Machine Market to Display Impressive Growth of 4.1% CAGR by 2032 | Future Market Insights, Inc.
The global automatic ducting machines market is expected to grow at a CAGR of 4.1% from US$ 1,554.2 million in 2022 to US$ 2,322.9 million in 2032. The demand for automatic ducting machines is growing, thanks in part to the chemical processing and utilities/power industries. Over the period from 2016 to 2021, the market for …
Full Body Scanner Market to Surpass US$ 876.0 Million, Growing at a CAGR of 10.9% from 2022 to 2032: Analysis of Technological Advancements, Market Trends, and Opportunities
The full body scanner market is expected to reach US$ 311.0 million in 2022 and grow at a CAGR of 10.9% to US$ 876.0 million by 2032. Increased application in end-user industries is driving growth. The full body scanner market grew at a 7.0%A CAGR between 2016 and 2021. Full-body scanners employ both backscatter X-ray …
Global Compact Power Equipment Rental Market to Reach a Valuation of US$ 204,453.2 Million from 2022 to 2032: Analysis of Growth Opportunities and Trends
The global compact power equipment rental market is expected to be valued at US$ 204,453.2 Million in 2032, with sales increasing at a healthy 6.7% CAGR between 2022 and 2032. Because of the widespread use of compact power equipment in the expanding construction sector, the compact power equipment rental market is expected to reach an …