The global CBRN protection equipment market is expected to be worth US$ 8,306.4 million in 2029, with sales rising at a 5.5% CAGR. The market is expected to be worth US$ 5717.0 million by the end of 2022. Increased geopolitical volatility, hostile neighbouring nations, terrorist organisation threats, expanding regional wars, and stockpiling of various Weapons …
Category Archives: Industrial News
System on Module Market to Reach US$ 4.65 Billion, Growing at a CAGR of 15% from 2023 to 2033: Analysis of Key Players, Drivers, and Opportunities
The system on modules market is expected to be worth US$ 1.15 billion in 2023, rising to US$ 4.65 billion by 2033. The market is expected to grow at a CAGR of 15% during the forecast period. Urbanization, digitization, online presence, and the adoption of advanced Artificial Intelligence technology are driving the growing demand for …
Aseptic Processing Market Is Expected To See a growth of 6.13% CAGR during Forecast 2023 to 2033 | Future Market Insights, Inc.
Over the forecast period, the global aseptic processing market is expected to grow at a moderate rate of 6.13%. In 2023, the aseptic processing market is expected to be worth US$ 95.63 billion. Demand for aseptic processing is expected to reach US$ 173.37 billion by 2033. One of the main factors driving the global aseptic …
Cutting and Bending Machine Market is Expected to Reach a High Valuation of US$ 16,383.6 Million During Forecast 2022 to 2032 | Future Market Insights, Inc.
According to Future Market Insights, the global cutting and bending machine market will be worth more than US$ 8,238.3 million by 2022. Furthermore, overall sales of cutting and bending machines are expected to increase at a CAGR of more than 7.1% from 2022 to 2032, totaling US$ 16,383.6 Million by 2032. The growing use of …
Inductor Market is supposed to rise at a CAGR of 6.1% during Forecast 2022 to 2032 | Future Market Insights, Inc.
The global inductor market is expected to be worth US$ 21417.5 million by 2032, with demand rising at a 6.1% CAGR between 2022 and 2032. In 2022, the target market is expected to grow 5.6% year on year, reaching an estimated US$ 11862.1 Million by year’s end. Rapid global digitalization is increasing the production and …
Palletizing Systems Market to Surpass US$ 3,412.6 Million, Growing at a CAGR of 4.8% from 2022 to 2032: Analysis of Technological Advancements, Market Trends, and Opportunities
In 2022, the palletizing systems market is expected to be worth US$ 2,134.1 million. With a CAGR of 4.8%, the market is expected to be worth US$ 3,412.6 million by 2032. Palletizing systems are machines that help with the automatic assembly of palletized goods. A palletizer is a machine that organizes, aligns and packs various …
Mining Drill Market to Grow at a CAGR of 4.7%, Reaching a Valuation of US$ 4996.7 Million from 2022 to 2032: Analysis of Trends, Drivers, and Opportunities
The global mining drill market is expected to be worth US$ 4996.7 million by 2032, growing at a 4.7% CAGR between 2022 and 2032. By the end of 2022, this market is expected to be worth US$ 3144.4 million . The mining drill market will expand during the forecast period due to rising demand for …
Duct Fans Market to See Steady Growth at a CAGR of 5.3% from 2022 to 2032 | Future Market Insights, Inc.
The global duct fans market is expected to be worth US$ 7,683.3 million by 2032, with sales increasing at a reasonable 5.3% CAGR between 2022 and 2032. The duct fans market is expected to be worth US$ 4,585.4 million in 2022, owing to the growing use of fans in the expanding industrial construction sector. Due …
Walk-in Coolers and Freezers Market to Witness Rapid Growth and Reach High Valuation of US$ 14.05 Billion from 2022 to 2029 | Future Market Insights, Inc.
The walk-in cooler and freezer market is expected to reach US$ 9.52 billion in 2022 and grow at a 5.7% CAGR to US$ 14.05 billion by 2029. Consumer acceptance of frozen and processed goods, along with a vertical rise in the market for efficient refrigeration facilities to store and extend the shelf life of these …
Commercial Refrigeration Compressor Market Set to Surpass US$ 58,940.03 Million Valuation from 2023 to 2033 | Future Market Insights, Inc.
In 2023, the global commercial refrigeration compressors market is expected to be worth US$ 38,687.2 million. Overall commercial refrigeration compressor sales are expected to grow at a 4.3% CAGR, bringing the market value to US$ 58,940.03 million by the end of 2033. Governments all over the world are enacting legislation to encourage the use of …