During the forecast period, spray dryer sales are expected to grow at a CAGR of 4.4% globally. The market is expected to generate US$ 4,984.6 million in revenue in 2022, rising to US$ 7,643.3 million by 2032. In spray dryers, the material to be dried is atomized into small particles and dried by bringing it …
Category Archives: Industrial News
Radial Drilling Machine Market: Rising Demand from Manufacturing and Construction Industries to Drive US$ 8.8 Billion by 2032 | Future Market Insights, Inc.
The global radial drilling machine market is expected to be worth US$ 8.8 billion by 2032, up from US$ 4.2 billion in 2022, with a 7.7% CAGR during the forecast period. Boring holes, reaming, countersinking, counterboring, tapping, and spot facing and tapping are in high demand due to the growing industrial sector and applications, which …
Rig and Oilfield Mats Market: Rising Demand from Offshore Oil and Gas Industry to Drive US$ 2.1 Billion by 2032 | Future Market Insights, Inc.
The global rig and oilfield mats market is expected to be worth US$ 2.1 billion by 2032, with sales increasing at a healthy 7.3% CAGR from 2022 to 2032. The target market is expected to be worth US$ 1.04 billion in 2022, up from US$ 1 billion in 2021. Crude oil price increases and increased …
VRF Systems Market: Growing Adoption of Green Building Practices to Drive US$ 29,884 Million by 2032 | Future Market Insights, Inc.
The global VRF systems market is expected to be worth US$ 16,610 Million in 2022, with demand growing at a 6% CAGR between 2022 and 2032. By 2032, the market is expected to grow significantly to US$ 29,884 Million. Variable Refrigerant Flow (VRF) Systems are an established heating, ventilation, and air conditioning (HVAC) technology that …
Electric Sub-meter Market is expected to reach a Strong valuation of US$ 12.8 Billion during Forecast 2022 to 2030 | Future Market Insights, Inc.
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 …
CBRN Protection Equipment Market is poised to grow at a healthy CAGR of 5.5% CAGR from 2022 to 2029 | Future Market Insights, Inc.
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 …
System on Module Market to Reach US$ 4.65 Billion, Growing at a CAGR of 15% from 2023 to 2033: Analysis of Key Players, Drivers, and Opportunities
The system on modules market is expected to be worth US$ 1.15 billion in 2023, rising to US$ 4.65 billion by 2033. The market is expected to grow at a CAGR of 15% during the forecast period. Urbanization, digitization, online presence, and the adoption of advanced Artificial Intelligence technology are driving the growing demand for …
Aseptic Processing Market Is Expected To See a growth of 6.13% CAGR during Forecast 2023 to 2033 | Future Market Insights, Inc.
Over the forecast period, the global aseptic processing market is expected to grow at a moderate rate of 6.13%. In 2023, the aseptic processing market is expected to be worth US$ 95.63 billion. Demand for aseptic processing is expected to reach US$ 173.37 billion by 2033. One of the main factors driving the global aseptic …
Cutting and Bending Machine Market is Expected to Reach a High Valuation of US$ 16,383.6 Million During Forecast 2022 to 2032 | Future Market Insights, Inc.
According to Future Market Insights, the global cutting and bending machine market will be worth more than US$ 8,238.3 million by 2022. Furthermore, overall sales of cutting and bending machines are expected to increase at a CAGR of more than 7.1% from 2022 to 2032, totaling US$ 16,383.6 Million by 2032. The growing use of …
Inductor Market is supposed to rise at a CAGR of 6.1% during Forecast 2022 to 2032 | Future Market Insights, Inc.
The global inductor market is expected to be worth US$ 21417.5 million by 2032, with demand rising at a 6.1% CAGR between 2022 and 2032. In 2022, the target market is expected to grow 5.6% year on year, reaching an estimated US$ 11862.1 Million by year’s end. Rapid global digitalization is increasing the production and …