The global synchronous condenser market is predicted to register a valuation of USD 1,102.90 Million in 2023 and reach up to USD 2,381.08 Million by 2033. The global market is estimated to progress at a CAGR of 8.4% during the forecast period. The increasing need for dependable, efficient, and top-tier power supply for operational management is driving the market for synchronous condensers. The …
Category Archives: Industrial News
Global Lamella Clarifier Market Share Forecasted to Cross USD 817.6 Million Milestone by 2033 End, Surging Steadily at 4.8% CAGR
The global lamella clarifiers market is expected to develop at a CAGR of 4.8% from 2023 to 2033, with a market value of roughly USD 509.6 million in 2023. The market is expected to be worth USD 81.6 million by 2033. During the forecast period, the worldwide lamella clarifier market is anticipated to expand at a CAGR of 4.1%. The report also implies that …
Global Glass Tempering System Market Value Projected to Reach USD 108,864.8 Million by 2033, Driven by 4.8% CAGR | FMI Analysis
The global glass tempering system market is expected to reach USD 108,864.8 million by 2033, growing at a modest CAGR of 4.8% from 2023 to 2033. After being valued at USD 109.5 million in 2021, the market is projected to reach approximately USD 71,389.8 million in 2023. The increasing adoption of glass tempering systems across various industries, including architecture, automotive, and electronics, is …
FMI Study Affirms Global Odour Control System Market Set to Reach USD 1.99 Billion by 2033, Projected to Grow at 4.8% CAGR Through 2033
The global odour control system market is expected to reach a valuation of USD 1.25 billion in 2023, driven by stringent government regulations. This trend is projected to create new opportunities within the market, leading to an anticipated CAGR of 4.8% from 2023 to 2033, with a total valuation of approximately USD 1.99 billion by 2033. The market’s growth during the forecast period …
Global Aircraft Ground Support Equipment Market Poised for Major Growth, Expected to Reach USD 18,316.2 Million by 2034, Surging at 7% CAGR | Future Market Insights, Inc.
The global aircraft ground support equipment market is poised for substantial growth, with an anticipated valuation of USD 9,351.7 Million by 2024. Projected to achieve a 7% CAGR from 2024 to 2034, the market is expected to reach a remarkable USD 18,316.2 Million by 2034, representing a 1.9x expansion in sales. This growth underscores the sector’s robust potential and its increasing importance in …
FMI Prediction States Global Low Voltage Motor Control Center Market to Reach USD 10 Billion by 2034, Growing at 8.1% CAGR
The low voltage motor control center market is estimated to be worth USD 4.6 billion in 2024 and is projected to be valued at USD 10 billion in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 8.1%. Growing urbanization and industrialization in emerging economies are expected to create opportunities for low-voltage motor control center market expansion due …
Global Low Voltage Protection and Control Market Expected to Cross USD 32.7 Billion by 2034, Growing at 6.1% CAGR
The low voltage protection and control market is anticipated to be valued at USD 18 Billion by 2024. The market valuation is expected to be USD 32.7 Billion by 2034, projected at a CAGR of 6.1%. The expansion in the market for low voltage protection and control is rising due to several causes. The surge in the need for dependable and effective …
FMI Projects Global Lined Valve Market Anticipated to Reach USD 5.1 Billion Milestone by 2034, Growing Steadily at 4.1% CAGR
The lined valve market is expected to be valued at USD 3.4 Billion by 2024. The market valuation is registered to be USD 5.1 Billion by 2034, projected at a CAGR of 4.1%. The growth in the need for corrosion-resistant valves in sectors like water treatment, chemical processing, and oil and gas extraction is a major motivator. Lined valves for industrial facilities …
Global Offshore Wind Market Size Anticipated to Surge Past USD 325 Billion by 2034, Growing at a 21.4% CAGR
The offshore wind market is expected to grow significantly, reaching a CAGR of 21.4% from 2024 to 2034. This growth is driven by global demand for renewable energy, advancements in offshore wind technology, and government policies. Innovations in turbine design, grid integration solutions, and financing mechanisms are expected to further drive sustainable energy futures. Offshore wind projects increased awareness …
Global On-orbit Satellites Servicing Market Valuation to Exceed USD 8.8 Billion Milestone by 2034, Driven by 12.3% CAGR
The on-orbit satellite servicing market is expected to experience significant growth in the coming years. The market is expected to rise at a CAGR of 12.3% through 2034. The market is projected to reach a valuation of USD 8.8 billion by 2034, rising from USD 2.8 billion in 2024. Various factors drive this growth, including cost reduction, technological advancements, and sustainability efforts. Satellite …