According to Future Market Insights (FMI), the global gas circuit breaker market would be valued US$ 621.2 Million in 2021. Total sales of gas circuit breakers are predicted to expand at a CAGR of 3.9% between 2021 and 2031, compared to a CAGR of 3.5% between 2016 and 2020. Several of the industry’s main circuit …
Category Archives: Industrial News
Industrial Nailers Market is expected to reach a Strong valuation of US$ 1,432.6 Million during Forecast 2023 to 2033 | Future Market Insights, Inc.
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 US$ 1,432.6 million by 2033 while it is likely to be valued at US$ 678.6 million in 2023. The significantly growing construction industry with advancements …
Global Automatic Ducting Machine Market to Display Impressive Growth of 4.1% CAGR by 2032 | Future Market Insights, Inc.
The global automatic ducting machines market is expected to grow at a CAGR of 4.1% from US$ 1,554.2 million in 2022 to US$ 2,322.9 million in 2032. The demand for automatic ducting machines is growing, thanks in part to the chemical processing and utilities/power industries. Over the period from 2016 to 2021, the market for …
Full Body Scanner Market to Surpass US$ 876.0 Million, Growing at a CAGR of 10.9% from 2022 to 2032: Analysis of Technological Advancements, Market Trends, and Opportunities
The full body scanner market is expected to reach US$ 311.0 million in 2022 and grow at a CAGR of 10.9% to US$ 876.0 million by 2032. Increased application in end-user industries is driving growth. The full body scanner market grew at a 7.0%A CAGR between 2016 and 2021. Full-body scanners employ both backscatter X-ray …
Global Compact Power Equipment Rental Market to Reach a Valuation of US$ 204,453.2 Million from 2022 to 2032: Analysis of Growth Opportunities and Trends
The global compact power equipment rental market is expected to be valued at US$ 204,453.2 Million in 2032, with sales increasing at a healthy 6.7% CAGR between 2022 and 2032. Because of the widespread use of compact power equipment in the expanding construction sector, the compact power equipment rental market is expected to reach an …
China Elevator Ropes Market is Projected to Surpass US$ 314.6 Million from 2022 to 2032: Assessment of Key Drivers, Restraints and Future Outlook
According to FMI, the China elevator ropes market will be worth US$ 202.2 million in 2022 and will grow at a 4.5% CAGR between 2022 and 2032, reaching US$ 314.6 million by the end of 2032. Elevator ropes are in high demand as the construction and building industries expand, as does the installation of lifts …
Marine Cranes Market to Grow at a CAGR of 7.5%, Reaching a Valuation of US$ 3868.2 Million from 2022 to 2032: Analysis of Trends, Drivers, and Opportunities
The global marine cranes market is expected to be worth US$ 7945.2 million by 2032, up from US$ 3868.2 million in 2022, at a CAGR of 7.5% during the forecast period. Marine cranes are rotating lifting and pedestal-mounted elevating machines used to transport cargo or personnel on marine vessels, oil drilling platforms, navy ships, and …
Laser Welding Equipment Market to Reach US$ 373 Million, Growing at a CAGR of 4.8% from 2022 to 2032: Analysis of Key Players, Drivers, and Opportunities
The laser welding equipment market is expected to increase by US$ 373 million by 2025, expanding at a 4.8% CAGR between 2022 and 2032. Laser beams are now widely used and considered “commonplace” as laser technology advances. Laser welding can be used to join a wide range of materials. High melting point and heat conductivity …
CHP Market is growing at a Strong CAGR of 6.4% during Forecast 2022 to 2032 | Future Market Insights, Inc.
The global CHP market is expected to grow at a 6.4% CAGR to US$ 2,091.6 million by 2022. The market is expected to exceed a market value of US$ 3,876.5 million during the forecast period of 2022 to 2032. Over the forecast period, government regulations governing greenhouse gas emissions, as well as the emergence of …
Thermal Cleaning System Market is Expected to Reach a valuation of US$ 282.5 Million during Forecast 2022 to 2032
The global thermal cleaning systems market is expected to be worth US$ 214 million in 2022. According to Future Market Insights, the market is expected to reach approximately US$ 282.5 Million by 2032, with a 2.8% CAGR from 2022 to 2032. Because of the global expansion of the pharmaceutical industry, thermal cleaning systems are in …