The global home brewing systems market is poised for advancement with a projected Compound Annual Growth Rate (CAGR) of 3.7% from 2023 to 2033. According to an in-depth report by FMI, the market aims to elevate its value from an estimated US$ 982.2 million in 2023 to an anticipated worth of US$ 1,412.5 million by the conclusion …
Category Archives: Industrial News
Global Pallet Truck Market Share Forecasted to Surpass US$ 79,833.7 Million Valuation by 2033, Growing with an Impressive 7.5% CAGR
The global pallet truck market is poised for remarkable growth, with a projected valuation of US$ 41,115.3 million by 2023. Fueled by an impressive Compound Annual Growth Rate (CAGR) of 7.5%, this upward trajectory is expected to persist until 2033, driving the market towards an extraordinary valuation of US$ 79,833.7 million. End-users are increasingly recognizing the benefits …
FMI Projection Reveals Global Pallet Pooling Market Expected to Exceed US$ 14.49 Billion Valuation by 2034, Driven by an Average 6.1% CAGR
The global pallet pooling market is poised for significant growth, with a projected valuation exceeding US$ 8.01 billion by 2024. This initial phase marks the commencement of a robust upward trajectory, with sales expected to sustain a compelling Compound Annual Growth Rate (CAGR) of 6.1%. By 2034, the market is anticipated to achieve a remarkable valuation of …
FMI Predicts Global Turbidimeter Market Projected to Surge Past US$ 952.1 Million Milestone by 2029, Driven by a Consistent 4.0% CAGR
The global turbidimeter market is poised for substantial growth, projected to surpass a valuation of US$ 952.1 million by 2029. With an initial year-end valuation of approximately US$ 641.8 million in 2022, reflecting a robust growth rate of 5.6%, this marks the onset of a progressive trajectory. Future Market Insights (FMI) forecasts a steady Compound Annual Growth …
Global Tower Crane Market Expected to Witness US$ 33,661.95 Million Valuation by 2033, Driven by a Consistent 4.8% CAGR
The tower crane market is primed for significant growth, projecting an ascent to US$ 21,063.30 million in 2023, further reaching an impressive US$ 33,661.95 million by 2033. This notable expansion is expected to be upheld by a consistent Compound Annual Growth Rate (CAGR) of 4.8% from 2023 to 2033. The development of efficient tower cranes necessitates a …
Global Digital Pump Market Set to Gear Up for US$ 20.5 Billion Revenue by 2032, Fueled by an Average 6.1% CAGR | FMI Projection
The digital pump market is envisioning a substantial Compound Annual Growth Rate (CAGR) of 6.1% from 2022 to 2032. This upward momentum is set to elevate the market to remarkable heights, projecting a valuation of US$ 20.5 billion by 2032, marking a significant increase from its 2022 valuation of US$ 11.3 billion. At the heart of this …
FMI Analysis Suggests Global Mining Hoses Market Projected to Surpass US$ 749.3 Million Revenue by 2032, Growing with a CAGR of 6.7%
The mining hoses market is projecting a robust Compound Annual Growth Rate (CAGR) of 6.7% from 2022 to 2032, ultimately reaching an impressive US$ 749.3 million by 2032. Noteworthy is the market’s resilient expansion, with a slightly higher CAGR of 7.2% observed from 2015 to 2021, culminating in a market size of US$ 364.0 million in 2021. …
Global Lightning Arrester Market Predicted to Witness US$ 1,466.7 Million Revenue by 2032, Fueled by a Consistent 6.5% CAGR
In the year 2022, the global lightning arrester market stands poised for significant expansion, with a valuation of US$ 782.1 million, marking the onset of substantial growth over the next decade. Forecasts project a remarkable ascent to US$ 1,466.7 million by 2032, indicating a robust Compound Annual Growth Rate (CAGR) of 6.5%. Lightning arresters, often overlooked yet …
FMI Analysis Projects RFID Kanban Systems Market to Cross of US$ 8.4 Billion Revenue by 2032, Driven by Robust CAGR of 18.1%
The RFID Kanban systems market is poised for remarkable growth, with projections indicating a surge to surpass US$ 8.4 billion by 2032, driven by an impressive compound annual growth rate (CAGR) of 18.1%. This upward trajectory, originating from a market size of US$ 1.6 billion in 2022, underscores the transformative potential of RFID Kanban solutions in modern …
FMI Analysis Predicts Global Pipes Market Expected to Surge Past of US$ 238.67 Billion Revenue By 2034, with a Steady 5.01% CAGR
The global pipes market is valued at a substantial US$ 146.38 billion valuation by 2024. The projected growth trajectory is expected to be exceptionally strong, with a compound annual growth rate (CAGR) of 5.01%. By 2034, this trajectory is expected to propel the market to a remarkable valuation that will surpass US$ 238.67 billion. The industrial sector, …