Sales of bulk material handling systems are expected to increase from 13,000 units in 2021 to over 14,000 units by the end of 2031. The bulk material handling system market revenue is expected to reach US$ 5.1 billion by 2021, according to Future Market Insights. (FMI). As a result of OEMs’ adoption of telematics-based services …
Category Archives: Industrial News
Aircraft Ground Support Equipment Market Outlook, New Business Opportunity & Demand Analysis by 2031
The global aircraft ground support equipment (GSE) market is expected to grow at a CAGR of 6.5% between 2021 and 2031, reaching a market volume of around 27,000 units by the end of 2031, according to Future Market Insights (FMI), an ESOMAR-certified consulting firm. Ground support equipment is in high demand as a result of …
Palletizing Robots Market: Notable Developments & Geographical Outlook 2022 to 2032
Palletizing robots are machines that aid in the automatic assembly of various products on a pallet. The global palletizing robots market is expected to reach approximately US$ 1,500 Million by 2022, with a strong CAGR during the evaluation period. Before the product is transported and distributed to different locations, pallet wrapping functions are an important …
Dredging Market Trends, New Business Opportunity & Demand Analysis during Forecast 2022 to 2032
Dredging revenue is expected to rise from US$ 15.7 billion in 2022 to US$ 22.3 billion by 2032. The market will grow at a 3.7% CAGR during the forecast period, according to FMI. Growing global trade and urbanisation projects support growth, with more than 70% of trade by volume and 80% by value carried by …
Stabilizing Success: Tracking Growth in the Vibration Control Systems Market 2022 to 2032
According to the most recent edition of the study by ESOMAR-certified market research organisation, Future Market Insights, demand for vibration control systems is expected to rebound in 2021. (FMI). The report also discovered that a considerable majority of industry players are confident in increasing automation investments, a plan that has been stymied by the COVID-19 …
Pressurizing Innovation: Examining the High Pressure Processing Equipment Market 2023 to 2033
The global high-pressure processing equipment market is estimated to be worth US$ 333.9 million in 2023 and US$ 1.1 billion by 2033. The market is expected to increase at a 12.8% annual rate over the projected period. A variety of factors drive the high pressure processing equipment industry, including rising demand for processed foods, food safety …
Empowering Efficiency: Analyzing the Industrial Power Monitoring System Market from 2022 to 2032
The global industrial power monitoring system market is projected to reach a value of US$ 6,534.7 Million in 2032 while exhibiting a steady CAGR of 4.2% over the forecast period of 2022 to 2032. Driven by a growing emphasis on efficient use of power resources, the industrial power monitoring system market is expected to reach US$ 4,318.6 Million by the end of 2022. …
Keeping It Fresh: Examining Trends and Growth in the Commercial Refrigeration Equipment Market 2022 to 2028
The global commercial refrigeration equipment market is expected to be worth US$ 68.3 billion by 2028, with a 4% CAGR. (2022-2028). The market for commercial refrigeration devices is expected to grow at a CAGR of 4% over the forecast period. With sales of commercial refrigeration equipment increasing 3.9% year on year in 2022, the market is …
Clearing the Way: Forecasting Growth in the Water Clarifiers Market 2022 to 2032
The global water clarifiers market is expected to grow at a 5.4% CAGR during the forecast period, with a revenue of US$ 6,980.2 Million in 2022 and a revenue of US$ 11,854.3 Million by 2032. Water clarifiers are expected to see increased demand due to their high structural strength, high volume-to-area ratio, ease of sludge removal, and …
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Rotary Indexer Market Outlook: Size, Share, and Forecast 2022 to 2032
The global rotary indexer market is expected to be worth US$ 800 million in 2022, rising at a 3.2% CAGR from 2022 to 2032 to be worth US$ 1,096.16 million. Increased demand for silicone elastomers, particularly in the automotive and construction industries, is driving growth. A rotary indexer is a type of rotatory motion machine …
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