The global hammer mill market was worth approximately US$ 641.3 million in 2021, and it is expected to grow at a CAGR of 4.3% to reach a value of US$ 1,016 million by 2032. Future Market Insights’ latest report on the global Hammer Mill market finds both hidden opportunities and potential threats. The study offers …
Category Archives: Industrial News
Global Sound Level Measurement Meter Market to Reach US$ 1,120 Million from 2022 to 2032: Analysis of Key Trends, Drivers, and Challenges
The global sound level measurement meter market is anticipated to be worth US$ 1120 million by 2032, with sales expanding at a CAGR of 5.1% between 2022 and 2032. The target market is estimated to be valued US$ 682 million in 2022, up from US$ 650 million in 2021. The sound level measuring metre market …
Global Automatic Weigh Price Labelling Machine Market to Reach US$ 539.4 Million from 2022 to 2032: Analysis of Key Trends, Drivers & Challenges
According to Future Market Insights, the global automatic weigh price labelling machines market will surpass US$ 293.3 million in 2022. (FMI). The market is estimated to increase at a CAGR of more than 6.3% between 2022 and 2032. Rising consumer brand consciousness, according to Future Market Insights, is driving increasing demand for dairy goods, meat …
RFID Kanban Systems Market to Register a Strong CAGR of 18.1% from 2022 to 2032, Driven by Increasing Adoption of RFID Technology & Lean Manufacturing Practices
RFID Kanban System market is expected to reach US$ 1.6 billion in 2022, with a CAGR of 18.1% from 2022 to 2032 to reach US$ 8.4 billion. The mobility of RFID technology has long been a major selling point in the industry. The benefits will rise if cloud-based data storage becomes a typical feature of …
North America Electrical Testing Services Market to Grow at a CAGR of 5.9% by 2031: Analysis of Trends, Drivers, and Opportunities
According to FMI, the North America electrical testing services market will be worth US$ 1.8 billion in 2021. The rising installation of power transmission equipment such as transformers in refineries, manufacturing plants, trains, and other locations is increasing demand for electrical testing services. Electrical testing service demand in North America increased at a 0.9% CAGR …
Polymer Seals Market to Witness Steady Growth with Projected Valuation of US$ 18.7 billion by 2032
The global polymer seals market is expected to be worth US$ 11.3 billion by 2022. Future Market Insights (FMI) forecasts a 5.1% CAGR to drive market acceleration from 2022 to 2032. Polymer seals have numerous applications in the global oil and gas, aviation, aerospace, and automobile industries. Polymer seals have advantages over other sealants in …
Global Diamond Core Drilling Market Set to Expand at a CAGR of 6.3% from 2023 to 2033: Trends, Drivers, and Competitive Landscape
The global diamond core drilling market is expected to grow at a CAGR of 6.3% during the forecast period. The market is expected to be worth US$ 2 billion in 2023 and US$ 3.7 billion by 2033. The primary market driver is thought to be an increase in construction activities as a result of population …
Global Industrial Robot Controllers Market Expected to Reach US$ 1,657.1 Million: Growth Factors, Trends, and Forecast 2022 to 2029
The global industrial robot controller market is expected to grow at an 8.9% CAGR between 2022 and 2029, according to Future Market Insights (FMI). According to the findings of the report, the global commercial robot controller market will grow significantly over the forecast period, propelled by increased adoption of Human device interaction (HMI), records & …
Expanding Food and Beverage Industry to Drive Growth of Walk-in Coolers and Freezers Market from 2022 to 2029
The Walk-in Coolers and Freezers 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, as well as a vertical rise in the market for efficient refrigeration facilities to store and extend the shelf life of …
Rising Demand for Energy Drives Growth of Oil and Gas Valves Market from 2022 to 2029
The global oil and gas valves market was valued at around US$ 10 billion in 2014. The global oil and gas valves market is expected to be worth more than US$ 12 billion by the end of 2022. The oil and gas valves market is expected to grow at a 3.5% CAGR from 2022 to …