By the end of 2031, sales of bulk material handling systems are anticipated to increase from 13,000 units in 2021 to more than 14,000 units. The bulk material handling system market is anticipated to generate US$ 5.1 billion in revenue by 2021, according to Future Market Insights. (FMI). Due to OEM adoption of telematics-based services …
Category Archives: Industrial News
Global Woodworking Circular Saw Blades Market valued at US$ 50.4 Million in 2022 and expected to reach US$ 68.3 Million by 2028 | Future Market Insights, Inc.
The global woodworking circular saw blades market is expected to generate US$ 50.4 million in revenue between 2022 and 2029, representing a compound annual growth rate of 4.4%. Circular saw blade shipments for woodworking are expected to generate a net worth of US$ 68.3 million by 2029. Circular saw blade sales in the woodworking industry …
Global Solar Shading Systems Market to grow at a CAGR of 3% during Forecast 2022 to 2032 | Future Market Insights, Inc.
The global solar shading systems market is expected to be worth US$ 5.72 billion by 2032, with sales increasing at a moderate CAGR of 3% between 2022 and 2032. The rapidly developing construction and infrastructure industry is driving the market, which is expected to be worth US$ 3.9 billion in 2022. Participants in the solar …
Rivet Gun Market Is Expected To See a growth of 6.1% CAGR by 2028 | Future Market Insights, Inc.
The global rivet gun market is expected to reach US$ 799.9 Million by the end of the forecast period, with a value CAGR of 6.1%. Increased demand for pneumatic rivet guns and increased online rivet gun sales are two major factors expected to drive global rivet gun demand. Increasing popularity of power tools and design …
Rotary Indexer Market is Expected to Reach a Strong Valuation of US$ 1,096.16 Million by 2032 | Future Market Insights, Inc.
The global rotary indexer market is expected to be worth US$ 800 million in 2022, rising at a CAGR of 3.2% from 2022 to 2032 to be worth US$ 1,096.16 million. Growth is being driven by increased demand for silicone elastomers, particularly in the automotive and construction industries. A rotary indexer is a piece of …
Metal Recycling Equipment Market is supposed to rise at a CAGR of around 7% during Forecast 2022 to 2032 | Future Market Insights, Inc.
The global metal recycling equipment market is expected to be worth US$ 6.9 billion in 2022. Sales of metal recycling equipment are expected to exceed $11.5 billion by the end of 2032, up from US$6.5 billion in 2021. Metal recycling equipment demand is expected to grow at a CAGR of 6% to 7% between 2022 …
High Voltage Switchboard Market is Expected to Reach a High Valuation of US$ 4.8 Billion during Forecast 2022 to 2032
In 2022, the global high voltage switchboard market is expected to be worth US$ 2.9 billion. Consumption is expected to grow at a 5.2% CAGR from 2022 to 2032, reaching a valuation of US$ 4.8 billion. Market growth will be driven by rising energy demands, as well as increased demand for mining, power generation, and …
Motor Generator Set Market to Display Impressive Growth of 5.2% CAGR during Forecast 2022 to 2032 | Future Market Insights, Inc.
The global motor generator set market is expected to be valued at US$4,445.8 million by 2032, up from US$2,677.9 million in 2022, at a CAGR of 5.2% during the forecast period. To avoid disruptions in daily business activities caused by power outages, a motor generator set is used to provide electricity. Despite the lower cost …
Industrial Safety Gloves Market Is Expected To See a growth of 4.5% CAGR by the end of 2026 | Future Market Insights, Inc.
The almost US$ 6 billion industrial safety gloves market is expected to reach US$9.6 billion by the end of 2026, rising at a CAGR of more than 4.5% from 2017 to 2026. According to a recent Future Market Insights analysis, the industrial safety glove market is continuously rising, owing to the increasing adoption of workplace …
Machine Mounts Market is supposed to rise at a CAGR of 5.5% during Forecast 2022 to 2027 | Future Market Insights, Inc.
A new research report titled ‘Machine Mounts Market: Global Industry Analysis 2012 – 2021 and Opportunity Assessment 2022 – 2027′ by Future Market Insights provides a detailed estimate of the worldwide machine mounts market for the period 2022-2027. Because there are numerous designs available in each category of machine mount types, the report takes an …