Over the forecast period of 2022-2032, the global fiberglass electrical enclosure market is projected to grow at a CAGR of 6.2% and reach a valuation of over US$ 535.1 Mn by 2032. Electrical enclosures made of fibreglass exhibit significant levels of chemical and corrosion resistance. They are favoured over metallic electrical enclosures in general. By employing fibreglass enclosures, the effects of …
Category Archives: Industrial News
Automatic Capping Machine Market is to grow at 3.6% During the Forecast Period 2022 to 2032
The global automatic capping machine market size is expected to be valued at US$ 4,581.3 Million in 2022. Advancement of new technologies in the packaging and filling machines market, changing consumer lifestyles, in filling & capping equipment are some of the aspects that are anticipated to propel the market throughout the forecast period. The overall demand for automatic capping machines is projected …
Power Nibbler Market is to grow at 4.8% During the Forecast Period 2022 to 2032
The power nibbler market, which is valued at US$ 167.8 million as on 2022, is anticipated to be valued at US$ 267.5 million by 2032 and is expected to grow at a CAGR of 4.8% during the forecast period. Increasing demand for tools required for cutting metal sheets, coupled with minimum labour and many other factors are expected to drive the sales of power …
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Thermostatic Radiator Valves Market is to grow at 3.8% During the Forecast Period 2022 to 2032
The global thermostatic radiator valves market is projected to amass a revenue of around US$ 404.0 million by 2032, up from US$ 279.0 million in 2022 moving forward with a CAGR of 3.8% during the forecast period. Thermostatic radiator valves are used in high capacity steam and hot water heating systems and the sales of thermostatic radiator valves is rising owing to …
Industrial Motors Market Trends, Competitive Analysis & Key Manufacturers Report 2022 to 2032
The global market for industrial motors is expected to grow at a 3.5% CAGR from 2022 to 2032, reaching a value of more than US$ 917.3 million in 2032. Several government agencies such as the European Water Association (Europe), the Environmental Protection Agency (the United States), and the India Water Works Association (India) are actively engaged in …
Vacuum Cleaner Filter Market Key Players, SWOT Analysis, Key Indicators & Forecast 2022 to 2032
According to Future Market Insights (FMI) observations, the global vacuum cleaner filter market was valued at US$ 1924.1 million in 2022. The report estimates the market to expand at a positive CAGR of 9.3% from 2022 to 2032. During this period, it is projected that the rising awareness among end users, growing demand for vacuum …
Screw Conveyor Market Current and Future Trends, Leading Players, Segments & Regional Forecast 2022 to 2032
According to Future Market Insights, the global sales of screw conveyors are poised to reach a total valuation of around US$ 884.2 million in 2022. Overall market size is expected to increase at 4.8% CAGR over the forecast period (2022 to 2032), surpassing US$ 1,416.3 million by the end of 2032. Rising application of screw …
Latin America Construction Equipment Market Share, Development by Companies Outlook, Growth Prospects & Key Opportunities by 2022 to 2032
According to Future Market Insights, the Latin America construction equipment market will grow from US$ 8,676.6 Million in 2022 to US$ 13,586.7 Million by 2032, with overall sales increasing at a CAGR of 4.6% during the forecast period. Government investments in developing and expanding public infrastructure are expected to drive demand for construction equipment in …
Cattle Handling Systems Market Current Scenario Trends, Comprehensive Analysis & Regional Forecast 2023 to 2033
The global market for cattle handling systems is expected to grow at a reasonable CAGR of 6.6% during the forecast period. This market is expected to be worth $2,630 million in 2023. By 2033, the cattle handling systems market is expected to be worth $4,983 million. Even the best ranchers find raising and managing cattle …
Power Quality Equipment Market Size, Top Key Players, Latest Trends, Regional Insights Dynamics By 2023 to 2033
The market for power quality equipment is expected to be worth US$ 38.04 billion in 2023 and US$ 69.65 billion by 2033. During the forecast period, sales of power-quality equipment are expected to grow at a CAGR of 6.25%. A significant factor driving the expansion of the manufacturing sector is an increase in demand for …