The global fibre laser market is anticipated to be valued US$ 3.1 billion in 2021, with a CAGR of 11.1% between 2021 and 2031. Erbium, neodymium, ytterbium, praseodymium, thulium, dysprosium, and holmium are examples of rare earth elements found in fibre lasers. Previously, carbon dioxide or helium-neon were utilised in gas lasers. Solid state lasers …
Category Archives: Industrial News
Aerial Work Platforms Market Poised for Robust Growth with Impressive 6.3% CAGR from 2022 to 2032
From 2022 to 2032, the global aerial work platforms market is expected to grow at a 6.3% CAGR, reaching US$ 9,614.3 million in 2021. The global market is expected to be worth US$ 18,658.0 million by 2032. Manufacturers doing business in China can expect new growth opportunities over the next ten years as the country’s …
Produced Water Treatment Systems Market is Projected to Surpass US$ 6.38 Billion from 2022 to 2029: Analysis of Growth Drivers and Opportunities
In 2022, the global market for produced water treatment systems is expected to be worth US$ 4.29 billion . With increased global oil and gas activity, the overall market is expected to grow at a 5.8% CAGR between 2022 and 2029, surpassing a valuation of US$ 6.38 billion by 2029. Increased oil and gas production, …
Bulk Material Handling System Market is Projected to Exhibit a Strong 2% CAGR by the end of 2031
Bulk material handling system sales are expected to grow from 13,000 units in 2021 to more than 14,000 units by the end of 2031. According to Future Market Insights, the bulk material handling system market revenue is expected to reach US$ 5.1 billion by 2021. (FMI). The market will grow by 2.10% per year in …
U.S. Commercial Walk-In Refrigeration Market to Expand at a Steady 4.31% CAGR from 2022 to 2032: Trends and Forecast
The U.S. Commercial Walk-In Refrigeration Market is supposed to arrive at US$ 1,298.1 Million in 2022 and develop at a CAGR of 4.3% from 2022 to 2032, according to a Future Market Insights analysis. Coolers and freezers used to chill or freeze food, beverages, pharmaceuticals, and other perishable goods are included in commercial walk-in refrigeration. …
Integrated Gas System Market to Witness Exponential Growth, Valued at US$ 934.1 Million by 2032: Emerging Trends and Forecast
The global integrated gas system market is anticipated to be valued US$ 934.1 million between 2022 and 2032, with a respectable CAGR of 7.4%. Increased demand from a variety of end-use industries, including oil and gas, chemical and petrochemicals, semiconductors, and many others, will propel the integrated gas system to a value of $458.7 million …
Industrial Weighing Equipment Market Poised for Robust Growth with Impressive 5% CAGR from 2022 to 2032
The industrial weighing equipment market is estimated to grow to US$ 3,992.5 million by 2032, up from US$ 2,456.2 million in 2022. The market is estimated to increase at a CAGR of 5% from 2022 to 2032. Industrial weighing machines are used to accurately and precisely determine the weight of any objects, products, or gadgets. …
Global Paper Moisture Meter Market Projected to Surpass US$ 5.2 Billion from 2022 to 2032: Analysis of Growth Drivers and Opportunities
The global paper moisture metre market is anticipated to be valued US$ 5.2 billion by 2032, with sales growing at an 8.1% CAGR between 2022 and 2032. The market is expected to be valued US$ 2.1 billion in 2022. The considerable rise of the paper moisture metre market during the forecast period can be ascribed …
Water Desalination Equipment Market to Register a CAGR of 8.2% from 2022 to 2032, Driven by Growing Demand for Clean Water and Increasing Adoption of Desalination Technologies
The global water desalination equipment market is estimated to reach US$ 25 billion by 2032, with sales expanding at a 9% CAGR between 2022 and 2032. The market for water desalination equipment is estimated to reach US$ 13 billion by the end of 2022. The global scarcity of potable water supplies is projected to create …
Compact Construction Equipment Market to Register a CAGR of 3.8% from 2022 to 2032, Driven by Increasing Demand for Efficient and Productive Machinery
The global compact construction equipment market is predicted to develop at a moderate 3.8% CAGR and reach US$ 313.5 billion by 2032. The target market, predicted to be valued US$ 208 billion in 2021, is principally influenced by the product’s adaptability and ability to manage tasks traditionally assigned to heavy machinery. Furthermore, increased demand for …