The global poultry keeping machinery market is expected to be worth roughly US$ 5.09 billion in 2022, with a 3.2% year-on-year growth rate. By 2028, the market is expected to grow at a CAGR of 3.6% and be worth US$ 6.54 billion. The study primarily attributes the market for poultry keeping equipment’s optimistic future to …
Category Archives: Industrial News
Rising to New Heights: Forecasting the Growth of the Solar Microinverter Industry from 2022 to 2032
From 2022 to 2032, the global solar microinverter industry is estimated to generate an absolute dollar potential at a CAGR of 18.1%, reaching a valuation of US$ 5,716.0 Million. The integrated system category is estimated to account for around 8% of the worldwide solar microinverter market in 2022, based on system type. According to World …
Commercial Refrigeration Equipment Industry Forecast: Growth and Trends from 2022 to 2028
At a 4% CAGR, the global commercial refrigeration equipment industry is expected to be valued US$ 68.3 billion by 2028. (2022-2028). Over the forecast period, the market for commercial refrigeration equipment is expected to develop at a CAGR of 4%. The market for commercial refrigeration equipment is estimated to be valued US$ 51.8 billion by …
Cryogenic Systems Market Growth Strategies & Comprehensive Forecast 2022 to 2032
The global Cryogenic Systems market is estimated at US$ 12.9 billion in 2021 and is predicted to reach US$ 25.5 billion by 2032, growing at a 6.5% CAGR between 2022 and 2032. According to Future Market Insights, a market research and competitive intelligence source, global Cryogenic Systems consumption grew at a 5.1% CAGR between 2017 …
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Solar Inverter Market Key Players, SWOT Analysis, Key Indicators & Forecast 2022 to 2032
The global Solar Inverter Market is anticipated to be valued US$ 11 billion in 2022. Market sales are estimated to expand at a 6% CAGR over the forecast period. Increasing use of solar panels and renewable energy will drive market expansion. Solar inverters’ broad use in residential, commercial, industrial, and utility applications will continue to …
Automated Parcel Delivery Terminals Market Comprehensive Shares, Historical Trends & Forecast 2022 to 2032
According to industry estimations, the global market for automated parcel delivery terminals will reach US$ 720 million by 2022 and US$ 2 billion by 2032, expanding at a 10.9 percent CAGR from 2022 to 2032. With a growing demand for more deliveries and increasing pressure for faster response times, there is a growing requirement for …
Scissor Lifts Market: Notable Developments & Geographical Outlook by 2031
Until 2031, the worldwide scissor lifts market is predicted to develop at a 3.5% CAGR. Scissor lifts are an aerial work platform access equipment that is utilised in a range of industries for safe and effective elevated material handling. The global scissor lifts market is undergoing substantial transformation as it shifts from mature, saturated markets …
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Analyzing the Booming Large Synchronous Motor Market and Its Advantages by 2031
The global large synchronous motors market is anticipated to be worth US$ 222 million in 2031. In its analysis, Future Market Insights (FMI) anticipates a stable long-term growth prognosis for the market. According to the analysis, the global massive synchronous motor market will expand at a moderate CAGR from 2021 to 2031. The report looks …
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Radiant Future: Forecasting the Growth and Potential of Tritium Light Source Market by 2031
According to the analysis, the global tritium light source market would increase at a rate of roughly 2.3% between 2021 and 2031. The report analyses 20+ high-growth markets, providing specific information on how the tritium light sources market will progress over the next decade. According to Future Market Insights (FMI), an ESOMAR-certified research and consultancy …
Industrial Temperature Controller Industry Research, Segmentation, Key Players Analysis & Forecast 2022 to 2030
The global industrial temperature controller market is valued at $2.08 billion in 2022 and is expected to grow to $3.03 billion by the end of 2030. The addition of connectivity features for remote control of devices, as well as the reduction in equipment size, has allowed the sector to gain traction. From 2022 to 2030, …