The global industrial wireless transmitters market is witnessing remarkable growth, with a valuation of USD 4.9 billion in 2023 and projections indicating expansion at a compound annual growth rate (CAGR) of 6.4%. By 2033, the market is expected to reach an impressive USD 9.2 billion, according to the latest analysis by Future Market Insights (FMI). This robust growth …
Category Archives: Industrial News
FMI Analysis Indicates North America Residential Ball Valves Market Size to Cross USD 554.1 Million by 2032, Growing at 5.6% CAGR
The North America residential ball valves market is poised for significant growth, with Future Market Insights (FMI) projecting a notable Compound Annual Growth Rate (CAGR) of 5.6% from 2022 to 2032. By 2032, this dynamic market is anticipated to surpass a substantial valuation of USD 554.1 million. The increasing demand for residential ball valves in North America is …
Global Extrusion Equipment Market Size Forecasted to Hit USD 8,764.6 Million Revenue by 2032, Driven by 5.3% CAGR Growth
The global extrusion equipment market is set to witness a substantial compound annual growth rate (CAGR) of 5.3% throughout the forecast period, with a targeted valuation of USD 8,764.6 million by 2032, showcasing significant expansion from its 2022 value of USD 5,243.7 million. The surge in demand for extrusion equipment across diverse industries can be attributed to several pivotal …
FMI Report States Global Dry Washer Market Size to Exceed USD 449.2 Million Mark by 2033, Surging Steadily at 2.8% CAGR
The global dry washer market is poised for significant growth, with projections indicating an increase from USD 342.1 million in 2023 to USD 449.2 million by 2033. This growth represents a compound annual growth rate (CAGR) of 2.8% over the forecast period. The market has already demonstrated resilience, achieving a historic CAGR of 1.9% from 2018 to 2022, reflecting …
FMI Study Predicts Global High-Temperature Industrial Burner Market Share to Reach USD 2.36 Billion by 2033, Surging at 3.9% CAGR
The global high-temperature industrial burner market is poised for significant growth, with a projected valuation of USD 1.61 billion in 2023 and an anticipated compound annual growth rate (CAGR) of 3.9% from 2023 to 2033, ultimately reaching USD 2.36 billion by the end of the forecast period. This growth is driven by the increasing demand for efficient and reliable heating solutions across various …
Global Industrial Exhaust Systems Market Forecasted to Surge Past USD 5,589.7 Million by 2033, Surging Steadily at 5.6% CAGR
The global industrial exhaust system market is set for significant expansion, maintaining a robust Compound Annual Growth Rate (CAGR) of 5.6% from 2023 to 2033. This trajectory positions the market to achieve a noteworthy valuation of approximately USD 5,589.7 million by the conclusion of 2033. At the heart of industrial operations, industrial exhaust systems play a pivotal role, comprising …
Global Aseptic Fillers Market Size Forecasted to Reach USD 7,527.6 Million Mark by 2033, Growing Steadily at 4.8% CAGR | FMI Study
The global aseptic fillers market is poised for significant expansion, aiming to achieve a remarkable valuation of USD 7,527.6 million by 2033, representing a substantial increase from its 2023 valuation of USD 4,710.2 million. This notable growth trajectory is sustained by a consistent Compound Annual Growth Rate (CAGR) of 4.8% throughout the forecast period. Aseptic fillers exemplify responsiveness to …
Global Hydraulic Pumps Market Set to Reach USD 16.6 Billion by 2033: FMI Report Highlights Key Trends
According to a new report released by Future Market Insights (FMI), the global hydraulic pumps market is projected to experience steady growth over the next decade, fueled by rising demand for energy-efficient and environmentally friendly solutions. The market, which reached a valuation of USD 10.7 billion in 2022, is expected to grow at a compound annual growth …
Global PV Micro Inverters Market Poised for Significant Growth, Surpassing USD 4,630.0 Million by 2033, Driven by 15.1% CAGR
The global photovoltaic (PV) micro inverters market is set to experience substantial growth over the next decade, according to a recent report by Future Market Insights (FMI). Valued at USD 967.2 million in 2022, the market is projected to expand at an impressive compound annual growth rate (CAGR) of 15.1%, reaching a staggering USD 4,630.0 million by 2033. PV …
Global Full Body Scanner Market Estimated to Drive Past USD 937.7 Million by 2033, Surging Strongly at 9.7 % CAGR
The global full body scanner market is poised for significant growth, with projections indicating a value of USD 371.5 million in 2023 and an impressive expansion to USD 937.7 million by 2033, reflecting a compound annual growth rate (CAGR) of 9.7% over the forecast period. This press release outlines the key industry analysis, trends, drivers, and regional insights shaping the future of the …