With sales increasing at a strong CAGR of 8.2% from 2022 to 2032, the global commercial induction cooktops market is anticipated to reach US$ 17.5 Billion in 2032. The commercial induction cooktops market is anticipated to grow from a value of US$ 11.6 Billion in 2021 to an estimated US$ 12.3 Billion in 2022. The …
Category Archives: Industrial News
Water Clarifiers Market is Projected to Exhibit a Strong 5.4% CAGR from 2022 to 2032, Says FMI
The global water clarifiers market is expected to grow at a 5.4% CAGR during the forecast period, with a revenue of US$ 6,980.2 Million in 2022 and a revenue of US$ 11,854.3 Million by 2032. Water clarifiers are expected to see increased demand due to their high structural strength, high volume-to-area ratio, ease of sludge …
Biocomposites Market Poised for Robust Growth with Impressive 16.0% CAGR from 2022 to 2032, Get Customized Reports
Over the forecast period, the global biocomposites market is predicted to increase at an exponential rate of 16%. Valued at US$ 25 Billion in 2021, the biocomposites market is anticipated to reach US$ 128 Billion by 2032. The increased research and development efforts for composite materials and biocomposite uses and benefits such as recyclability, lightweight, and cost-effectiveness are …
VRF Systems Market is projected to reach US$ 29,884 Million from 2022 to 2032, FMI Study
The global VRF systems market is expected to be worth US$ 16,610 Million in 2022, with demand increasing at a 6% CAGR from 2022 to 2032. The market is expected to grow significantly to US$ 29,884 Million by 2032. VRF Systems are a well-known heating, ventilation, and air conditioning (HVAC) technology that extracts heat from …
District Cooling Market is Projected to Grow at a robust CAGR of 8% from 2023 to 2033 | FMI
According to a recent FMI report, the global district cooling market share is expected to reach US$ 63.2 billion by 2033, growing at an 8% CAGR during the forecast period. According to the study, rising demand for energy-efficient cooling technology has a proportional impact on district cooling adoption. Rapidly rising temperatures and the proven viability of district …
Global Micro Irrigation Systems Market is supposed to rise at a 13% CAGR by 2031, FMI Study
The global micro irrigation systems market is expected to grow at an exponential rate of more than 13% CAGR through the end of 2031, according to insights from the latest study from Future Market Insights (FMI) an ESOMAR-certified research and consulting firm. The report provides a detailed analysis in more than 20 high growth regional markets, with …
DC Switchgear Market is Expected to Grow at a CAGR of 7.1% from 2022 to 2032 | Get Customized Reports
According to a recent FMI report, the global DC switchgear market is expected to grow at a 6% CAGR over the forecast period. The region’s dominance in the global market is the result of several governments in this region implementing innovative grid programmes and massive investments in modernising electricity transmission and distribution networks. DC switchgear statistics point …
Positive Displacement Pump Market is projected to reach US$ 21 Billion from 2022 to 2032, FMI Study
According to a recent FMI study, the global positive displacement pump market will grow at a 4.3% CAGR from 2022 to 2032. The market is expected to be valued at US$ 21 billion by the end of the assessment period. Positive displacement pumps are widely used in a variety of end-user industries around the world. Furthermore, the …
Noise Control System Market: Overview, Data Updates, Reports Analysis by 2031 | FMI
Between 2021 and 2031, the global noise control system market is expected to grow at a 3.7% CAGR. According to Future Market Insights (FMI), the market will continue to grow steadily as a result of the increased emphasis on reducing noise pollution in various industries. Government-imposed strict regulations to reduce noise pollution, particularly in and around hospitals, …
Global Collaborative Robots Market to Surpass a Valuation of US$ 20.5 Billion during Forecast 2023 to 2033 | Says FMI
By the end of 2023, the global Collaborative Robots Market is expected to exceed US$ 2.2 billion. The collaborative robots market is expected to exceed US$ 20.5 billion by 2033, expanding at a staggering CAGR of 25.1% between 2023 and 2033, according to Future Market Insights. (FMI). Demand for collaborative robots is increasing due to the introduction …