The global ice detection system market is anticipated to reach a valuation of USD 1,730.4 million in 2024, driven by customization and modular solutions. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 2.8% between 2024 and 2034, and reaching a total valuation of approximately USD 2,348.2 million by 2034. One of the major factors …
Category Archives: Industrial News
FMI Study Indicates Global Conveyor Dryer Market Size to Surpass USD 1,350.7 Million Mark by 2034, Growing Steadily at 3.1% CAGR
The conveyor dryer market is on the cusp of a significant valuation surge, with projections pointing towards an impressive USD 966.9 million by 2024. Growing interest and a deepening understanding of the conveyor dryer’s capabilities drive this remarkable ascent. The market is poised to unlock new avenues, exhibiting a CAGR of 3.1% from 2024 to 2034. As the journey continues, the …
FMI Analysis Predicts Global Galley Equipment Market Size to Reach USD 16.8 Billion Mark by 2033, Driven by 5.3% CAGR Growth
The galley equipment market is poised for a notable upward trajectory, propelled by a robust projected Compound Annual Growth Rate (CAGR) of 5.3% from 2023 to 2033. This sustained growth has garnered significant interest among industry stakeholders, anticipating the market’s valuation to reach an impressive USD 16.8 billion by 2033. Often underestimated yet fundamentally vital to the …
FMI Study Indicates Global Air Pollution Control Systems Market Valuation to Reach USD 178.8 Billion by 2033, Driven by 7.8% CAGR
The global air pollution control systems market is primed for significant advancement, with Future Market Insights projecting an impressive valuation of USD 84.3 billion in 2023. Positioned for robust and sustained growth, the sector is projected to experience a formidable Compound Annual Growth Rate (CAGR) of 7.8% from 2023 to 2033, reaching a remarkable valuation of USD …
FMI Study Indicates Global Gate Valve Market to Exceed USD 24.3 Billion Revenue by 2033, Driven by 5.0% CAGR Growth
The global gate valve market is set for significant expansion, with projected revenues reaching USD 14.8 billion by 2023. Industry forecasts indicate a consistent Compound Annual Growth Rate (CAGR) of 5.0% from 2023 to 2033. This trajectory positions the gate valve market to achieve a noteworthy milestone of USD 24.3 billion by the end of the assessment …
Global Portable Dehumidifier Market Size Estimated to Cross USD 1.1 Billion Mark by 2033, Driven by 8% CAGR Growth | FMI Analysis
The global portable dehumidifiers market is anticipated to witness significant expansion, with forecasts indicating a remarkable valuation of USD 1.1 billion by 2033. Building upon a solid foundation established at USD 470.6 million in 2022, industry projections suggest a notable increase to USD 513 million by 2023, setting the stage for unprecedented growth over the coming decade. …
FMI Indicates Global Peristaltic Pumps Market Size Estimated to Cross USD 1.8 Billion Mark by 2033, Growing Steadily at 3.8% CAGR
The global peristaltic pumps market projects a substantial increase from its 2023 value of USD 1.3 billion to an estimated USD 1.8 billion by 2033. This growth trajectory, characterized by a steady Compound Annual Growth Rate (CAGR) of 3.8%, underscores the escalating demand for peristaltic pumps across diverse industries. Renowned for their unparalleled precision in fluid management, …
FMI Projects Global Spider Cranes Market Revenue Share to Hit USD 483.0 Million Milestone by 2033, Driven by 6.7% CAGR Growth
The spider cranes market, projecting a robust Compound Annual Growth Rate (CAGR) of 6.7% from 2023 to 2033. This trajectory is expected to propel the global market valuation beyond USD 483.0 million by the conclusion of 2033, presenting a significant absolute dollar opportunity of USD 228.7 million throughout the evaluative timeframe. Spider cranes stand out within …
Global Supplied Air Respirators (SARs) Market Size to Exceed USD 2.7 Billion by 2033, Driving 6.1% CAGR Growth | FMI Study
The global supplied air respirators (SARs) market is experiencing significant growth, with a projected valuation of USD 2.7 billion by 2033, supported by a steady Compound Annual Growth Rate (CAGR) of 6.1% from 2023 to 2033. Beyond their traditional role as safety equipment, supplied air respirators play a crucial role in safeguarding the health and well-being of …
Global Industrial Tubes Market Forecasted to Reach USD 1.3 Trillion Milestone by 2033, Driving 7.7% CAGR Growth | FMI Study
The industrial tubes market is forecasted to witness an impressive surge, with a projected valuation of USD 1.3 trillion by 2033, marking a significant ascent from its 2023 valuation of USD 604.6 billion. This anticipated trajectory underscores the escalating importance of industrial tubes within the global industrial framework, fueled by a notable Compound Annual Growth Rate (CAGR) …