In 2022, traction motor sales on a global scale were estimated to be 11.7 billion. Between 2022 and 2032, the overall demand is anticipated to grow at a CAGR of 13.0%, surpassing a valuation of 30.0 Billion. The increased demand for high performance motors from a variety of industries, including the automotive and electric & …
Category Archives: Industrial News
Air Sampling Pump Market is anticipated to grow at a CAGR of 3.79% by 2032
From 2022 to 2032, the air sampling pump market is expected to grow at a CAGR of 3.79 percent, from a market value of US$ 47.06 million in 2022 to US$ 68.27 million in 2032.Potentially fatal illnesses that affect the kidneys, lungs, and liver can be brought on by airborne hazards brought on by fibres, …
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Die Bonder Equipment Market forecast to grow at a CAGR of 4% to be valued at US$ 6.0 Billion from 2022 to 2032.
By 2032, the die bond equipment market is expected to reach US$ 6 billion in demand. This growth is largely attributable to the growing use of stacked-die technology in IoT devices, which will increase demand over the coming years. Die bonder machinery is therefore frequently used in the production of semiconductor devices. The die is …
Variable Air Volume System Market is expected to drive demand at a 7% CAGR, with the market size surpassing US$ 15.5 Billion by 2032.
In 2022, it’s anticipated that the variable air volume systems market will surpass US$ 12 billion. Demand for these systems is anticipated to grow at a 7% CAGR, surpassing US$ 15.5 billion by 2032 as more commercial and residential buildings adopt them. Increasing disposable income, concerns about sustainability, increased infrastructure spending, and laws requiring energy …
Cryogenic Systems market growth during 2022 – 2032 is expected to be significantly higher than the historical growth witha CAGR 6.5%.
Between 2022 and 2032, the global Cryogenic Systems market is projected to grow at a CAGR of 6.5%, from a value of US$ 12.9 billion in 2021 to US$ 25.5 billion in 2032. Future Market Insights, a provider of market research and competitive intelligence, estimates that between 2017 and 2021, the global consumption of cryogenic …
Blind Spot Detection market is expected to be worth US$ 8.1 billion, growing at an astounding 13.9% CAGR by 2032
By 2032, the blind spot detection market is projected to grow at a CAGR of 13.9% and be worth US$ 8.1 billion. Despite having plenty of mirrors, a number of commercial vehicles are large and have poor visibility, which raises the possibility of accidents. Because drivers can’t see the areas around them, a side collision …
Global Mechanical Seals Market is Expected to Reach a High Valuation of US$ 4,876.5 Million from 2022 to 2032: Analysis of Growth Opportunities and Trends
The global mechanical seals market is estimated to develop at a stable CAGR of roughly 4.1% between 2022 and 2032. The global market is anticipated to be worth US$ 3,267.1 million in 2022 and US$ 4,876.5 million by 2032. The global mechanical seals market increased at a CAGR of roughly 3.8% between 2016 and 2021, …
Cable Cars And Ropeways Market Size to Reach US$ 11.5 Million from 2022 to 2032 | Get Customized Reports
The global cable cars and ropeways market is expected to reach a valuation of US$ 11.5 Million in 2032, with a fantastic growth rate of 10.6% CAGR from 2022 to 2032. The cable cars and ropeways market is expected to grow from an anticipated value of US$ 4.21 million in 2022 due to increased tourism …
Temporary Storage Buildings Market is supposed to rise at a CAGR of 6.3% during Forecast 2022 to 2032 | Get Customized Reports
The global temporary storage buildings market is expected to be worth roughly US$ 1536.9 million in 2022, with sales expected to increase at a 6.3% CAGR from 2022 to 2032, reaching US$ 2831.3 million by 2032. Temporary storage building structures are made of galvanised steel frames with flame-retardant PVC vinyl fabric for added structural strength. …
Trash Rack Cleaning Machine Market is Expected to Reach a High Valuation of US$ 408.5 Million during Forecast 2022 to 2032, FMI Study
The global trash rack cleaning machine market is forecasted to be estimated at US$ 408.5 Million by 2032, up from US$ 286.8 Million in 2022, advancing at a CAGR of 3.6%, during the forecast period. Trash rack cleaning machines (TRCM) are intended to remove logs, trash, debris (trunks, branches, grass, leaves, etc.) accumulated at the trash racks, which restrict …