Future Market Insights research indicates that the small brewery equipment market is expected to grow at a CAGR of 3.9% throughout the forecast period. Projections suggest that by 2033, the market will reach a value of US$ 1,809.7 Million, up from US$ 1,234.4 Million in 2023. Over the forecast period, the small brewery equipment industry …
Category Archives: Industrial News
Modular Construction Market Trend: Industry to Reach US$ 199.11 billion by 2033
The modular construction market is experiencing a period of significant growth, driven by several key factors. Here’s a breakdown of the current landscape, exciting opportunities for manufacturers, and a glimpse into the future of this innovative building technique. Current Scenario: Rising Demand: The global modular construction market is witnessing steady growth, fueled by an increasing demand …
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ISO Container Market Projected to Reach US$ 630.97 million by 2033
The ISO container market is projected to secure a valuation of US$ 266.53 million in 2023 and is expected to rise to US$ 630.97 million by 2033. The market is anticipated to register a CAGR of 9% during the forecast period. The growing industrialization, urbanization and population are increasing the adoption of ISO containers. The …
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Regenerative Blowers Market Size Soars to US$ 1,393.21 million by 2033
The regenerative blowers market is inflating steadily, driven by several key factors. Here’s a breakdown of the current landscape, promising opportunities for manufacturers, and a peek into the future of this market: Current Scenario: Market Growth: The global regenerative blowers market is experiencing consistent growth, with estimates suggesting a CAGR (Compound Annual Growth Rate) ranging …
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Industrial Gearbox Market Growth: Industry worth US$ 47.16 billion by 2033
The industrial gearbox market is predicted to be worth US$ 30.08 billion in 2023, and rise to US$ 47.16 billion by 2033. Demand is expected to increase at a CAGR of 4.6% during the projected period. Given that industrial gearboxes are used to control the speed and torque of production-related machinery and components, demand for these gearboxes …
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Crane Aftermarket Anticipated to Rise at US$ 13.29 billion by 2033
The crane aftermarket, encompassing parts, service, and maintenance for these vital workhorses, is experiencing significant growth. Let’s explore the factors propelling this rise, current market trends, and the promising future that lies ahead. Growth Factors: Booming Construction Industry: Rapid urbanization and a global focus on infrastructure development are driving demand for cranes, leading to a …
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Fire Pits Market Analysis: Industry worth US$ 13.59 billion by 2033
From 2023 to 2033, the fire pits market is projected to record a CAGR of 6.5%, reaching a value of US$ 7.24 billion in 2023. In 2033, it is predicted that the fire pits market would be worth US$13.59 billion. The fire pits market is being driven by homeowners’ rising demand to evoke an inside ambiance in outdoor …
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Vacuum Cleaner Filter Market Value Rising to US$ 4,670 million with 9.3% CAGR by 2032
The vacuum cleaner filter market is experiencing steady growth driven by several factors: Rising Demand for Vacuum Cleaners: Increasing urbanization and growing awareness of hygiene are boosting the demand for both household and industrial vacuum cleaners, which in turn fuels the filter market. Focus on Clean Air: HEPA filters, known for capturing very fine particles …
Cattle Feeder Panels Market Poised for Significant Growth, Targeting US$ 11,619 Million by 2033 with Strong 6.5% CAGR
The cattle feeder panels market is expected to maintain a consistent upward trajectory, driven by a projected Compound Annual Growth Rate (CAGR) of 6.5%. By 2033, the market’s revenue is anticipated to double, reaching an impressive US$ 11,619 million, showcasing substantial progress from its 2023 valuation of US$ 6,190 million. The pivotal driver behind the remarkable growth …
Global Commercial Chicken Plucker Market Aims to Reach US$ 587 Million by 2033 with Strong 6.6% CAGR, Reveals FMI Analysis
The global commercial chicken plucker market anticipated substantial growth, forecasting a market size of US$ 310 million in 2023. This trajectory is poised for significant advancement, surpassing the US$ 587 million mark by 2033, propelled by a robust Compound Annual Growth Rate (CAGR) of 6.6% throughout the forecast period. The escalating demand for commercial chicken pluckers stems …