According to a recent market analysis conducted by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ultra-short base line positioning system market is expected to reach US$ 127.7 Million by 2021. Expansion of commercial trade via maritime operations, as well as increased interest in recreational travel, are key trends driving sales of ultra-short base …
Category Archives: Industrial News
Global Micro CHP Market to Surpass a Valuation of US$ 2 Billion during Forecast 2022 to 2032 | Get Customized Reports
The global micro CHP market is expected to be worth US$ 1 billion by 2022. High efficiency, reduced fuel consumption, and increased power manifestations across applications will drive industry growth, as will strict regulation in the energy sector to reduce extreme climatic conditions. The overall demand for micro CHP is expected to grow at a …
Commercial Booster Pumps Market is Expected to Expand at a 7.6% CAGR during Forecast 2023 to 2033 | FMI
According to estimates, commercial booster pump sales worldwide are likely to reach US$ 5,809 million in 2023. In a detailed industry analysis, the global commercial booster pump market is projected to grow a CAGR of 7.6% and reach US$ 12,084.3 million by 2033. These pumps have an inlet, outlet, motor, and pressure monitoring device that …
Global Automatic Door Control Market is Expected to Grow at a CAGR of 7.8% by 2032 | Says Future Market Insights, Inc.
The global automatic door control market is expected to be worth US$ 24,267.4 million in 2022, growing at a moderate 7.8% CAGR during the forecast period. By 2032, the market is expected to be worth US$ 51,365.6 million. Future Market Insights discovered a historical CAGR of 4.6% during its research. A living body emits infrared …
Europe Multi Attachment Loaders Market is Expected to Register a CAGR of 2.8% by 2031, Study by FMI
By the end of 2021, the Europe Multi Attachment Loaders Market is expected to grow 2.4% year on year (YoY) to US$ 833.3 Million. The European market for multi-attachment loaders is expected to grow at a CAGR of 2.8% between 2021 and 2031. Multi-attachment loaders accounted for nearly 36% of compact loaders in 2020, and …
Surge Arrester Market to Display Impressive Growth of 5% CAGR during Forecast 2022 to 2032 | Says Future Market Insights, Inc.
The global surge arrester market is expected to reach US$ 1.5 billion in 2021, representing a 4.1% year-on-year increase. Surge arrester sales are expected to grow at a 5.0% compound annual growth rate and reach US$ 2.6 billion by 2032. Rising global energy demand, rapid industrialization, and improved urban infrastructure are all factors driving growth. …
Softgel Encapsulation Machine Market is Expected to Grow at a CAGR of 4.3% from 2022 to 2032| Future Market Insights, Inc.
The global softgel encapsulation machine market is anticipated to develop at a CAGR of 4.3% from 2022 to 2032, reaching US$ 104.5 million in 2022. By 2032, the market is anticipated to be valued US$ 159.6 million. The output of softgel capsules is anticipated to rise as a result of improvements in technology, manufacturing processes, …
Expansion Valves Market is Expected to Reach a Strong 4.2% CAGR during Forecast 2023 to 2033, Get Insights FMI
At a CAGR of 4.2%, the expansion valves market is expected to reach US$ 17.4 billion in 2033, up from US$ 11.5 billion in 2023. Expansion Valves are commonly used in refrigeration and air conditioning systems to modulate the flow of refrigerants. This enables more precise superheating control while also increasing compressor efficiency. By preventing …
North America Pressure Regulating Valves Market is Projected to Register a CAGR of 5.1% during Forecast 2022 to 2032 | Report by FMI
According to Future Market Insights, the North America Pressure Regulating Valves Market will be worth US$ 782.9 million in 2022 and will grow at a 5.1% CAGR from 2022 to 2032. The region’s growing population and the rising needs of expanding residential construction are two of the primary factors that have seen growth during the …
Laser Cutting Machine Market Expected to Grow at a CAGR of 5.8% during the Forecast Period 2022 to 2032
The Global Laser Cutting Machine Market will reach US$ 3,386.4 Million in 2022, growing at a 5.8% CAGR from 2022 to 2032, according to Future Market Insights. Laser cutting has emerged as a versatile, cost-effective method for many applications that delivers extremely high precision when compared to traditional cutting methods. Laser cutting machines are used …