Future Market Insights (FMI) predicts the global Domestic Booster Pumps Market will be US$ 4.63 billion by 2030, increasing at a 7.1% CAGR through 2030. The research credits the market’s expansion to increased consumer awareness of the availability of energy-efficient solutions. Furthermore, the e-commerce industry’s growth is broadening the sales channel for household booster pumps. …
Category Archives: Industrial News
Image Based Barcode Reader Market: Key Players, Applications, Outlook, SWOT Analysis by 2030
Future Market Insights, an ESOMAR-certified research and consulting firm, conducted a new study on the image-based barcode reader market. The growing adoption of Industry 4.0 has accelerated the deployment of advanced technologies such as cyber-physical systems, cloud computing, robotics, artificial intelligence (AI), big data, and autonomous techniques throughout the manufacturing industry. This assists manufacturing firms …
Turbidimeter Market Development Status, Competition Analysis, Type & Application by 2022 to 2029
According to Future Market Insights (FMI), the Global Turbidimeter Market will grow at a 5.6% year-on-year rate in 2022, reaching a value of approximately US$ 641.8 Million by the end of 2022. The global business is anticipated to witness a considerable value CAGR of 4.0% during the period of 2022 and 2029. “Analyzing turbidity readings …
Power Tool Gears Market Comprehensive Shares, Historical Trends & Forecast 2022 to 2030
The global power tool gears market is expected to be worth US$ 5.63 billion by 2022. The increasing use of power tools in the building and construction sector for woodworking and metal fabrication operations is driving market growth. As per Future Market Insights (FMI) states that the demand in the global power tool gears market is …
Conveyor System Market: Overview with Geographical Segmentation & Revenue by 2031
The conveyor system market saw steady growth in 2021 with worldwide revenues up 3.5% year over year. FMI has forecasted the conveyor system market to reach US$ 13.7 billion in 2021 at a CAGR of 4.5%, backed by increasing mergers & acquisitions by Tier-1 companies and the integration of machine learning and the internet of things in material handling solutions. The mining industry’s demand …
Continue reading “Conveyor System Market: Overview with Geographical Segmentation & Revenue by 2031”
The Rapid Growth and Advancements in Industrial Battery Chargers Industry from 2022 to 2028
The global industrial battery chargers market is estimated to increase at an 8.5% CAGR through 2022, offering an absolute $ opportunity of more than US$ 2.25 billion. Industrial battery charger sales are estimated to hit US$ 3.67 billion by the end of 2028. As industrialisation increases demand for energy storage, industrial battery chargers industry are …
Expanding Role of Compost Turning Machine industry in Sustainable Agriculture and Waste Management from 2022 to 2028
With a 3.3% year-on-year growth rate, the worldwide compost turning machine market is estimated to reach US$ 120.3 Million in 2022. Compost turning machine sales are estimated to reach US$ 148.5 million by 2028, with a 3.6% CAGR from 2022 to 2028. In 2018, over 3,200 compost turning machines were sold globally, with a little …
Unlocking the Potential of Industrial Gas Production: The Rapid Growth and Advancements of the Air Separation Plant Industry from 2022 to 2028
The global air separation plant market is worth US$ 5.9 billion and is predicted to increase at a 5% CAGR to US$ 7.9 billion by 2028. The significant demand for air separation plants in the healthcare industry is projected to be a prominent trend favouring overall market expansion across geographies. The global air separation plants …
Innovative Technologies and Comprehensive Testing Services Driving Growth in the Electrical Testing Industry by 2031
According to a recent FMI report, the global electrical testing services market is estimated to hit US$ 13.4 billion by 2031. The increased incidence of workplace accidents, together with the implementation of workplace safety rules, is driving expansion in the electrical testing services market. FMI’s thorough study on the electrical testing services Industry reveals significant …
Revolutionizing Material Handling: The Pallet Truck Industry’s Shift Towards Sustainable and Eco-Friendly Solutions from 2022 to 2032
The publisher has been following the pallet trucks industry, which is predicted to increase by US$ 79.8 billion between 2022 and 2032, at a CAGR of 7.5%. The pallet trucks market research includes a thorough analysis, market size and forecast, trends, growth drivers and challenges, and vendor analysis. Industrial automation in emerging economies will generate …