The global glass reactors market is poised for substantial growth, with an estimated valuation of USD 967.4 Million in 2024, advancing to USD 1,826.5 Million by 2034. This trajectory reflects a robust compound annual expansion of 5.9% over the forecast horizon. In 2023, the sector generated USD 913.1 Million in revenue, setting the stage for a projected …
Category Archives: Industrial News
Global Reverse Osmosis Pump Market Valuation to Reach USD 16.6 Billion Mark by 2033, Growing at a Decent 9.0% CAGR
According to a recent analysis by Future Market Insights (FMI), the reverse osmosis pump market is anticipated to surpass the USD 14.6 billion mark in 2033. Going ahead, the demand for reverse osmosis pumps will continue to rise at a Compound Annual Growth Rate (CAGR) of 9.0% between 2023 and 2033. This forecast underscores the enduring significance …
FMI Projection Affirms Global Mini Cranes Market Share to Exceed USD 761 Million by 2033, Growing at 6.0% CAGR
As per Future Market Insights (FMI), the global mini cranes market value is expected to rise from USD 422.2 million in 2023 to USD 761 million by 2033. Global sales of mini cranes between 2023 and 2033 are projected to rise at a robust CAGR of 6%. Mini cranes are becoming necessary as a result of the growing construction sector and the rise of …
FMI Prediction States Global Tritium Light Source Market Revenue to Hit USD 8.6 Billion by 2033, Flourishing at a CAGR of 2.5%
The global tritium light source market is anticipated at USD 6.6 billion in 2022. The sector is gaining pace as companies provide technologically improved tritium light sources with various integrated technologies. The market is expected to accumulate a valuation of USD 8.6 billion in 2033, recording a CAGR of 2.5% from 2023 to 2033. The market is likely to secure USD 6.7 billion in …
Global Industrial Temperature Controller Market Size Predicted to Surpass USD 3,415.40 Million by 2033, Growing at 4.6% CAGR
According to Future Market Insights, the industrial temperature controller market is expected to increase from USD 2,178.50 million in 2023 to USD 3,415.40 million in 2033. Market growth is expected to reach 4.60% during the forecast period. The adoption of Industrial Temperature Controllers in numerous industries such as the Food and Beverage Industry, Bioscience, and Chemical Industry has …
Global Elevator and Escalator Market Expected to Surge at a CAGR of 7.2 %, Reaching USD 138.2 Billion by 2033 | FMI Projection
The global elevator and escalator market is anticipated to reach a valuation of USD 69.0 Billion in 2023, driven by vertical farming and agriculture. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.2% between 2023 and 2033, and reaching a total valuation of approximately USD 138.2 Billion by …
Global Industrial Nailers Market Valuation to Reach USD 1,432.6 Million by 2033, Surging at 7.8% CAGR | FMI Analysis
The industrial nailers market is anticipated to expand its roots at a steady CAGR of 7.8% between 2023 and 2033. The market is predicted to cross a market share of USD 1,432.6 million by 2033 while it is likely to be valued at USD 678.6 million in 2023. The hammer and nail, a classic duo that built countless structures throughout history. But for …
FMI Study States Global Automated Sortation System Market Value to Hit to USD 21.7 Billion by 2034, With a Strong CAGR of 8.8%
The global automated sortation system market is forecasted to achieve a significant milestone of USD 21.7 billion by 2034, reflecting a notable Compound Annual Growth Rate (CAGR) of 8.8% from 2024 to 2034. Furthermore, the market is anticipated to reach USD 9.3 billion in 2024, underscoring its continued expansion. The growth of automated sortation systems is driven …
Global Chopper Pumps Market Forecasted to Exceed USD 1,429 Million by 2033, Growing Steadily at 5.2% CAGR | FMI Analysis
The global chopper pump market is poised for remarkable growth, with 2022 witnessing an estimated value of USD 818.4 million. This figure is set to skyrocket in the coming decade, with experts predicting an astounding surge to USD 1,429 million by 2033. Such exponential growth, marking a compelling CAGR of 5.2% from 2023 to 2033, underscores the …
Micro CHP Market Poised for Growth, Projected to Reach USD 2,522.5 Million by 2033 at a CAGR of 6.8%
The global micro Combined Heat and Power (CHP) market is anticipated to reach a valuation of USD 1,306.5 million in 2023, with an expected rise to USD 2,522.5 million by 2033. This growth reflects a notable CAGR of 6.8% over the forecast period, driven by increasing demand for efficient energy solutions across residential and commercial …