The global market size for FRP bridges is estimated to be around USD 573.30 Million in 2024. It is projected to exhibit a CAGR growth of 6.10% over the forecast period, with an estimated market size of USD 1 Billion in 2034. Infrastructure development projects are on the rise globally, particularly in countries like India, China, and the United Kingdom. These projects require …
Category Archives: Industrial News
Global Degaussing System Market Revenue Share Estimated to Exceed USD 925 Million Mark by 2034, Driven by 3.6% CAGR Growth
The degaussing system market is expected to be valued at USD 647.5 Million by 2024. The market valuation is estimated to be USD 925 Million by 2034, projected at a CAGR of 3.6%. Advanced materials might be incorporated into future degaussing systems to reduce magnetic signatures. Various naval vessels could be made from these materials, which would make them more efficient and …
Mining Shovel Market Set to Surpass USD 10.4 Billion by 2033, Driven by Technological Advancements
The global mining shovel market is projected to create an absolute dollar opportunity exceeding USD 10.4 billion by 2033, with sales expected to reach around USD 8.0 billion by 2023, growing at a CAGR of 2.7% during the forecast period from 2023 to 2033. Market growth is being fueled by the increasing demand for advanced …
Airbag Control Unit Sensor Market to Grow at 6.6% CAGR, Reaching USD 1,217.1 Million by 2033
The airbag control unit sensor market is set to expand at a compound annual growth rate (CAGR) of 6.6% between 2023 and 2033. The market, valued at USD 642.3 million in 2023, is projected to surpass USD 1,217.1 million by 2033. The rise in global vehicle production and sales, alongside the steady growth of the …
Air Flow Sensors Market Poised for Strong Growth, Expected to Reach USD 3,224.7 Million by 2033
The global air flow sensors market is projected to grow significantly, reaching a value of USD 2,286 million by 2023, and is expected to rise to USD 3,224.7 million by 2033. This growth reflects a steady CAGR of 3.5% over the forecast period. Air flow sensors, also known as air velocity sensors, are essential for …
Growing Automatic Fire Suppression System Market Expected to Exceed USD 17 Billion in 2022
The global market for automatic fire suppression systems (AFSS) is projected to exceed USD 17 billion in 2022, driven by heightened concerns regarding the safety of professionals in industrial and commercial sectors. The market is expected to grow at a compound annual growth rate (CAGR) of 5% throughout the assessment period. The increasing demand for …
Global Cable Accessories Market Expected to Reach USD 84,186.2 Million by 2033, Driven by Polymer Insulation Demand
The global demand for cable accessories is projected to reach USD 46,131.2 million in 2023, with a forecasted CAGR of 6.2% over the next decade. By 2033, the market size is expected to reach approximately USD 84,186.2 million. This growth is primarily driven by the increasing utilization of polymeric insulation cables worldwide. Cable accessories are …
Ceramic Transducers Market Poised for Remarkable Growth, Expected to Reach USD 4,149.2 Million by 2033
The ceramic transducers market is set on a strong growth trajectory, with a projected valuation of USD 1,720.8 million in 2023, anticipated to surge to USD 4,149.2 million by 2033. This impressive expansion is backed by a Compound Annual Growth Rate (CAGR) of 9.2% during the forecast period. As the global ceramic transducers market undergoes …
Combi Cooler Market Projected to Reach USD 348 Million by 2033, Driven by Demand in Diverse Industries
In 2022, the global market for combi coolers is estimated to be valued at around USD 232 million in 2022. Demand is expected to remain robust across various end-use sectors, with projections indicating the market will reach USD 348 million by 2033, growing at a CAGR of 3.8% from 2023 to 2033. The market is …
Global Residential Boiler Market to Reach USD 53.1 Billion by 2033, Growing at a 5.5% CAGR
The global residential boiler market is projected to grow from USD 31.1 billion in 2023 to USD 53.1 billion by 2033, reflecting a CAGR of 5.5% over the forecast period. Market growth is being driven by the increasing demand for energy-efficient heating solutions, particularly in developing regions where construction activities are on the rise. A …