The global cable cars and ropeways market is expected to reach a valuation of US$ 11.5 million in 2032, with a stellar growth rate of 10.6% CAGR from 2022 to 2032. The cable cars and ropeways market is expected to grow from an estimated value of US$ 4.21 million in 2022 due to increased tourist …
Category Archives: Industrial News
Power-to-X Market: Rising Focus on Renewable Energy Sources to Fuel Growth of Power-to-X Technology from 2023 to 2033
During the forecast period, the power-to-x market is expected to grow at a CAGR of 9.8%. The market is expected to reach a market share of US$ 484 million by 2033, with a revenue of US$ 190 million in 2023. The constant search for sustainable power resources along with the rising demand for green hydrogen …
Truck Mounted Cranes Market: Increasing Infrastructure Development Projects to Drive Growth of Truck Mounted Cranes from 2022 to 2032
By 2032, the global truck mounted cranes market is expected to be worth US$ 3,769.7 million . It is expected to grow at a CAGR of 4.5% between 2022 and 2032. Over 67% of the global truck mounted cranes market is dominated by stiff boom models. According to the International Monetary Fund, global economic growth …
Asphalt Mixing Plants Market: Rising Infrastructure Development and Road Construction Projects to Drive Growth from 2022 to 2032
The global asphalt mixing plants market is anticipated to garner US$ 8.5 Billion while expanding at a CAGR of 2.4% during the forecast period. The market is estimated at US$ 6.5 Billion in 2021 and US$ 6.66 Billion in 2022. The increasing road construction activities coupled with growing infrastructural development in countries are likely to …
Mechanical Seals Market: Growing Need for Leakage Prevention Boosts Demand from 2022 to 2032
The global mechanical seals market is expected to augment at a stable CAGR of around 4.1% from 2022 to 2032. The global market is expected to be valued at US$ 3,267.1 Million in 2022 and exceed a valuation of about US$ 4,876.5 Million by 2032. According to the historical analysis done by Future Market Insights, the global mechanical seals market registered …
Rescue Hoist System Market: Increasing Demand for Airborne Rescue Operations Drives Growth from 2022 to 2032
According to the latest insights by Future Market Insights (FMI), the global rescue hoist systems market is set to be valued at over US$ 569.8 Million in 2022. The market is anticipated to expand at over 3.7% CAGR between the assessment period of 2022 to 2032. It is likely to reach US$ 822.3 Million by …
Lightning Arrester Market: Worldwide Analysis & New Business Opportunities Explored 2022 to 2032
According to Future Market Insights (FMI), the lightning arrester market is expected to grow at a CAGR of 6.5% from 2022 to 2032, reaching a valuation of US$ 1,466.7 Million by the end of 2032. Increasing emphasis on electrical equipment safety in the home, as well as other applications such as infrastructure, power plants, and …
Industrial Air Filtration Market: Notable Developments & Geographical Outlook 2022 to 2032
According to a new FMI analysis, the industrial air filtration market share is expected to grow at a steady CAGR of 6.2% by 2032, reaching US$ 45.2 Billion in 2027 from US$ 6 Billion in 2021. The growing demand for energy-efficient filtering technology has an impact on the industrial air filtration market’s adoption. To improve …
Industrial Safety Footwear Market Report | Size, Growth, Demand, Scope, Opportunities & Forecast 2023 to 2033
The industrial safety footwear market is expected to grow at a 7.4% CAGR between 2023 and 2033. The market is expected to reach a value of US$ 23.6 billion by 2033, up from US$ 11.6 billion in 2023. Rising awareness around workers’ safety, advanced protective gear, and increased construction and industrial operation fuels the sales …
Turbidimeter Market: Growing Demand for Water Quality Monitoring to Boost Market Value to US$ 952.1 Million by 2029
According to Future Market Insights (FMI), the Global Turbidimeter Market will grow by 5.6% year on year in 2022, reaching a value of approximately US$ 641.8 Million by the end of 2022. The global business is expected to grow at a significant value CAGR of 4.0% between 2022 and 2029. The covid-19 outbreak is expected …