In 2022, the fire-rated cables market is expected to be worth $1,915.0 million. The broad range of applications and rising industrial value are expected to be the primary growth factors in the market. Fire-rated cable sales are expected to reach approximately US$ 2,655.0 million by the end of 2032, with a strong 3.3% CAGR between 2022 …
Category Archives: Industrial News
Laser Cutting Machine Market is expected to grow at a steady CAGR of 5.8% from 2022 to 2032
According to Future Market Insights, the Global Laser Cutting Machine Market will reach US$ 3,386.4 Million in 2022, growing at a 5.8% CAGR from 2022 to 2032. When compared to traditional cutting methods, laser cutting has emerged as a versatile, cost-effective method for many applications that delivers extremely high precision. Automotive, aerospace, ceramics, metal cutting, …
Advanced Process Control Market Trends, Growth Opportunity & Demand Analysis during Forecast 2022 to 2032
Future Market Insights’ analysis of the global Advanced Process Control market reveals both hidden opportunities and potential threats. The advanced process control market is expected to grow at a 9.31% CAGR between 2022 and 2032. The report examines the Advanced Process Control market in depth, focusing on the key growth drivers, opportunities, restraints, and challenges …
Vertical Turbine Pumps Market Comprehensive Shares, Historical Trends & Forecast 2022 to 2032
The Vertical Turbine Pumps market was worth US$ 25 billion in 2022 and is expected to be worth US$ 40.72 billion in 2032, with a CAGR of 5% from 2022 to 2032. Rapid urbanisation and rising wastewater treatment demand are driving market growth. Vertical turbine pumps are categorised as centrifugal pumps. The motor in vertical …
Aviation Test Equipment Market: Worldwide Analysis & New Business Opportunities Explored 2022 to 2032
The global aviation test equipment market is expected to reach $9.8 billion by 2032 at a CAGR of 4.3 percent. In 2022, total sales of aviation test equipment will reach $8.0 billion. Aviation test equipment is used in the aviation industry to maintain and upgrade hydraulic, pneumatic, and electrical power systems. Demand for aviation test …
Traction Motors Market: Overview With Geographical Segmentation & Revenue With Forecast 2022 to 2032
Between 2022 and 2032, the global traction motor market is expected to grow at a CAGR of 13.0%, surpassing a valuation of $30 billion by 2032, when global sales are expected to reach 12-15%. The overall demand for these high-performance motors from diverse industries such as automotive and electric and electronics has aided growth in …
Hazardous Area Equipment Market Outlook, New Business Opportunity & Demand Analysis during Forecast 2022 to 2032
The global Hazardous Area Equipment Market is expected to be worth $15.43 billion by 2032, growing at a 5.2% CAGR from 2022 to 2032. The term “hazardous area equipment” refers to devices that can either limit or mitigate the damage caused by accidents such as fires, or that can work effectively in harsh environments. They …
Emerging Applications and Sustainable Production Driving Growth in the Biocomposites Market 2022 to 2032
During the forecast period, the global biocomposites market is expected to grow at a 16% annual rate. The market for biocomposites is expected to be worth $128 billion by 2032, up from $25 billion in 2021. Increased research and development efforts for composite materials and biocomposite uses and benefits such as recyclability, lightweight, and cost-effectiveness …
Global District Cooling Market Outlook 2023 to 2033: Growing Need for Energy-Efficient Cooling Solutions Driving Market Expansion
According to a recent FMI report, the global district cooling market share is expected to reach US$ 63.2 billion by 2033, with a CAGR of 8% over the projected period. The study found that rising demand for energy-efficient cooling technology has a proportionate impact on district cooling adoption. Rapidly rising temperatures and the proven viability …
Rising Demand for Efficient Energy Storage Solutions Driving Growth in the Absorbent Glass Mat (AGM) Battery Market 2022 to 2032
The global absorbent glass mat (AGM) battery market is expected to be worth US$ 18 billion by the end of the forecast period, growing at a 4.8% CAGR. In the coming years, market growth is expected to be fueled by increasing government support. The industry is expected to generate $11.2 billion by 2022. The primary …