Dredging revenue is expected to rise from US$ 15.7 billion in 2022 to US$ 22.3 billion by 2032. The market will grow at a 3.7% CAGR during the forecast period, according to FMI. Growing global trade and urbanisation projects support growth, with more than 70% of trade by volume and 80% by value carried by …
Category Archives: Industrial News
Stabilizing Success: Tracking Growth in the Vibration Control Systems Market 2022 to 2032
According to the most recent edition of the study by ESOMAR-certified market research organisation, Future Market Insights, demand for vibration control systems is expected to rebound in 2021. (FMI). The report also discovered that a considerable majority of industry players are confident in increasing automation investments, a plan that has been stymied by the COVID-19 …
Pressurizing Innovation: Examining the High Pressure Processing Equipment Market 2023 to 2033
The global high-pressure processing equipment market is estimated to be worth US$ 333.9 million in 2023 and US$ 1.1 billion by 2033. The market is expected to increase at a 12.8% annual rate over the projected period. A variety of factors drive the high pressure processing equipment industry, including rising demand for processed foods, food safety …
Empowering Efficiency: Analyzing the Industrial Power Monitoring System Market from 2022 to 2032
The global industrial power monitoring system market is projected to reach a value of US$ 6,534.7 Million in 2032 while exhibiting a steady CAGR of 4.2% over the forecast period of 2022 to 2032. Driven by a growing emphasis on efficient use of power resources, the industrial power monitoring system market is expected to reach US$ 4,318.6 Million by the end of 2022. …
Keeping It Fresh: Examining Trends and Growth in the Commercial Refrigeration Equipment Market 2022 to 2028
The global commercial refrigeration equipment market is expected to be worth US$ 68.3 billion by 2028, with a 4% CAGR. (2022-2028). The market for commercial refrigeration devices is expected to grow at a CAGR of 4% over the forecast period. With sales of commercial refrigeration equipment increasing 3.9% year on year in 2022, the market is …
Clearing the Way: Forecasting Growth in the Water Clarifiers Market 2022 to 2032
The global water clarifiers market is expected to grow at a 5.4% CAGR during the forecast period, with a revenue of US$ 6,980.2 Million in 2022 and a revenue of US$ 11,854.3 Million by 2032. Water clarifiers are expected to see increased demand due to their high structural strength, high volume-to-area ratio, ease of sludge removal, and …
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Rotary Indexer Market Outlook: Size, Share, and Forecast 2022 to 2032
The global rotary indexer market is expected to be worth US$ 800 million in 2022, rising at a 3.2% CAGR from 2022 to 2032 to be worth US$ 1,096.16 million. Increased demand for silicone elastomers, particularly in the automotive and construction industries, is driving growth. A rotary indexer is a type of rotatory motion machine …
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Spray Dryer Market Analysis and Growth Forecast 2022 to 2032
During the forecast period, spray dryer sales are expected to grow at a CAGR of 4.4% globally. The market is expected to generate US$ 4,984.6 million in revenue in 2022, rising to US$ 7,643.3 million by 2032. In spray dryers, the material to be dried is atomized into small particles and dried by bringing it …
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High Voltage Switchboard Market: Trends and Growth Opportunities 2022 to 2032
The global high voltage switchboard market is expected to be worth US$ 2.9 billion in 2022. From 2022 to 2032, consumption is expected to grow at a 5.2% CAGR, reaching a valuation of US$ 4.8 billion. Increasing energy demands, as well as increased demand for mining, power generation, and maritime applications, will drive market growth. …
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Optoelectronic Transducers Market: Global Analysis and Forecast 2022 to 2032
The global optoelectronic transducers market is expected to be worth US$ 3645.8 million by 2032, up from US$ 2403.5 million in 2022, at a CAGR of 4.3% over the forecast period. Optoelectronics is a fundamental technology that includes electronic devices that emit, modulate, and transmit light signals. Optoelectronic transducers detect light waves and convert them into …
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