In 2022, the palletizing systems market is expected to be worth US$ 2,134.1 million. With a CAGR of 4.8%, the market is expected to be worth US$ 3,412.6 million by 2032. Palletizing systems are machines that help with the automatic assembly of palletized goods. A palletizer is a machine that organizes, aligns and packs various …
Category Archives: Industrial News
Mining Drill Market to Grow at a CAGR of 4.7%, Reaching a Valuation of US$ 4996.7 Million from 2022 to 2032: Analysis of Trends, Drivers, and Opportunities
The global mining drill market is expected to be worth US$ 4996.7 million by 2032, growing at a 4.7% CAGR between 2022 and 2032. By the end of 2022, this market is expected to be worth US$ 3144.4 million . The mining drill market will expand during the forecast period due to rising demand for …
Duct Fans Market to See Steady Growth at a CAGR of 5.3% from 2022 to 2032 | Future Market Insights, Inc.
The global duct fans market is expected to be worth US$ 7,683.3 million by 2032, with sales increasing at a reasonable 5.3% CAGR between 2022 and 2032. The duct fans market is expected to be worth US$ 4,585.4 million in 2022, owing to the growing use of fans in the expanding industrial construction sector. Due …
Walk-in Coolers and Freezers Market to Witness Rapid Growth and Reach High Valuation of US$ 14.05 Billion from 2022 to 2029 | Future Market Insights, Inc.
The walk-in cooler and freezer market is expected to reach US$ 9.52 billion in 2022 and grow at a 5.7% CAGR to US$ 14.05 billion by 2029. Consumer acceptance of frozen and processed goods, along with a vertical rise in the market for efficient refrigeration facilities to store and extend the shelf life of these …
Commercial Refrigeration Compressor Market Set to Surpass US$ 58,940.03 Million Valuation from 2023 to 2033 | Future Market Insights, Inc.
In 2023, the global commercial refrigeration compressors market is expected to be worth US$ 38,687.2 million. Overall commercial refrigeration compressor sales are expected to grow at a 4.3% CAGR, bringing the market value to US$ 58,940.03 million by the end of 2033. Governments all over the world are enacting legislation to encourage the use of …
Industrial Battery Chargers Market to Reach a Strong Valuation of US$ 3.67 Billion from 2022 to 2028 | Future Market Insights, Inc.
Through 2022, the global industrial battery chargers market is expected to grow at an 8.5% CAGR, representing a total $ opportunity of more than US$ 2.25 billion. Industrial battery charger sales are expected to reach US$ 3.67 billion by 2028. As industrialization increases demand for energy storage, industrial battery chargers are expected to become more …
Compost Turning Machine Market: Increasing Awareness and Adoption of Sustainable Waste Management Practices Drive Market Growth by 2028
The global compost turning machine market is expected to reach US$ 120.3 million in 2022, expanding at a 3.3% annual rate. Compost turning machine sales are expected to reach US$ 148.5 million by 2028, growing at a 3.6% CAGR between 2022 and 2028. In 2018, over 3,200 compost turning machines were sold globally, with a …
Mud Pumps Market: Technological Advancements and Rising Oil and Gas Drilling Activities Fuel Market Growth by 2031
In 2021, the mud pumps market will be worth US$ 872.2 million. The market is expected to grow at a 3.4% CAGR between 2021 and 2031, indicating a relatively good demand forecast. Because of their quiet operation and low vibration and noise levels, electric mud pumps are in high demand, and this trend is expected …
Deployable Military Shelter Market: Growing Demand for Mobile and Quick-Deploying Shelters Drives Market Growth by 2029
According to Future Market Insights, the Global Deployable Military Shelter Market will grow at a 4.7% year-on-year rate in 2022, reaching a value of approximately US$ 1,068.2 million by the end of 2022. (FMI). More military units have been deployed in distant warzones and diverse terrains for strategic operational and training purposes due to changing …
Hydrostatic Testing Market to Reach US$ 771.9 Million by 2028: Rising Emphasis on Safety and Quality Control to Drive Market Growth
The global hydrostatic testing market is expected to grow at a significant value CAGR of 4.8% between 2022 and 2028.The most common method for inspecting metre skids, compressed gas cylinders, pressure relief valves, boilers, tubing, pipelines, and other pressurised containers for leaks and structural integrity is hydrostatic testing. The global economy is expected to grow …