In 2023, it is expected that the USA and Canada Fence Screen Market will be worth US$74.9 million. The market is anticipated to be worth US$ 130.9 million by 2033. It is expected to display a CAGR of about 5.7% from 2023 to 2033, the evaluation period. Growth is anticipated to be aided by an …
Category Archives: Industrial News
North America Electrical Testing Services Market is Expected to Reach a High Valuation of US$ 2.80 Million by 2031| FMI Study
According to the report, the North America electrical testing services market will grow at a 5.9% CAGR between 2021 and 2031. The economic impact of COVID-19 reduced demand for electrical testing services in 2020. With various end-use sectors already returning to normal operations, the market for electrical testing services in North America will expand. The …
Reverse Osmosis Pump Market is projected to surpass a valuation of US$ 14.3 Billion by 2031, Get Insights FMI
According to FMI, the reverse osmosis pump market is expected to exceed US$ 6.1 billion by 2021, owing to rising applications in the oil and gas and water treatment industries. Demand for reverse osmosis pumps is expected to grow at an 8.9% CAGR between 2021 and 2031. Between 2020 and 2021, the market increased by …
Global Glass Reactors Market is Expected to Register at a 5.6% CAGR by 2031 | Get Customized Reports
The global glass reactor market is expected to develop at a CAGR of 5.6% from 2021 to 2031, with sales of 400 thousand units. Despite the challenges posed by the COVID-19 outbreak, the market grew by 4.6% year on year in 2021. The growth of the chemical and industrial industries is driving up demand for …
Global Robotic Lawn Mower Market Projected to Surpass US$ 2,721.23 Million from 2022 to 2032: Analysis of Growth Drivers and Opportunities
According to a new FMI market report, the global robotic lawn mower market will grow at a rapid 11.5% CAGR and reach US$ 2,721.23 Million by the end of the forecast year 2022 to 2032. As a result of technological advances and the increasing penetration of artificial intelligence, robotic lawn mowers have become significantly more …
Global Woodworking CNC Tools Market to Reach US$ 2.60 Billion from 2022 to 2028: Analysis of Key Players, Drivers, and Challenges
According to FMI, the router bits segment will account for more than 40% of total market volume from 2022 to 2028, and the global woodworking CNC tools market will be worth more than US$ 2.60 billion by the end of 2028. MDF is expected to account for one-third of total woodworking CNC tool sales by …
Woodworking Router Bits Market to Expand at a Steady 4.8% CAGR from 2022 to 2029, Get Insights FMI
The global woodworking router bits market is expected to reach US$ 110.7 million in 2022 and US$ 154.2 million by the end of 2029, growing at a CAGR of 4.8% throughout that time. Router bits account for 14% of the overall market for woodworking tools worldwide. An increasing trend towards automation in many industries is expected to boost …
Gaskets and Seals Market is expected to reach US$ 154.7 billion by 2033 with a CAGR 6%
According to FMI’s analysis, the Gaskets and Seals Market will grow at a CAGR of 6% during the forecast period. The industry’s value is expected to rise from US$ 86.6 billion in 2023 to US$ 154.7 billion by the end of 2033. The demand curve for gaskets and seals is expected to rise steadily in …
India Electrical Testing Services Market is expected to be worth US$ 296.02 million by 2032
Between 2022 and 2032, the global India Electrical Testing Services Market is expected to be worth US$ 192.45 million, growing at a CAGR of 4.4%. The electrical testing service market is expected to be worth US$ 296.02 million by 2032. Modern industry has been able to adopt a wide range of machines with fully automated …
Oil and Gas Terminal Automation Market is expected to grow at a 7.8% CAGR between 2022 and 2032, reaching approximately US$ 2761.6 Million by 2032.
In 2021, the global Oil and Gas Terminal Automation Market was valued at US$ 1258.0 million, with a forecasted increase to US$ 1303.1 million in 2022. Because of the rapid expansion of the oil and gas industry, global demand for oil and gas terminal automation is expected to grow at a 7.8% CAGR between 2022 …