The global water turbine market is projected to rise from USD 2.4 billion in 2022 to USD 3.8 billion by 2032, with a CAGR of 4.7% over the forecast period (2022–2032). Industries worldwide are increasingly turning to renewable energy sources such as solar, wind, and water, driving a notable increase in demand for water turbines. …
Category Archives: Industrial News
Global Glass Handling Robot Market Revenue Forecasted to Reach USD 1,270.9 Million by 2034, Driven by 4.8% CAGR Growth
The global glass handling robot market is anticipated to reach a valuation of USD 826.2 million in 2024, driven by customized solutions for small and medium enterprises. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.8% between 2024 and 2034, and reaching a total valuation of approximately USD 1,270.9 million by 2034. One of …
FMI Study Affirms Global Airfield Fencing Market Anticipated to Cross USD 2,798.80 Million Valuation by 2034, Driving 2.50% CAGR Growth
The airfield fencing market is predicted to be valued at USD 2,123.4 million in 2024 and USD 2,798.80 million by 2034. Over the projection period, the airfield fencing market is expected to surge at a CAGR of 2.50%. With increasing instances of unauthorized drone activities and security breaches, airports seek robust perimeter solutions, fueling demand for advanced, integrated fencing systems that effectively detect …
Global Forged and Casting Component Market Size Forecasted to Reach USD 17,146.7 Million Mark by 2033, Growing at 6.0% CAGR
The global forged and casting components market value observed a 5.2% year-on-year growth in 2022 and is estimated to reach USD 9,591.6 million in 2023. Over the assessment period, global sales of forged and casting components are projected to rise at 6.0% CAGR, culminating in a market size of USD 17,146.7 million by 2033. Demand for forged and casting components is anticipated to remain …
Global Miter Saw Market Valuation Anticipated to Surpass USD 1,788.50 Million by 2034, Growing Steadily at 4.80% CAGR | FMI Study
The global miter saw market value is expected to rise from USD 1,087.6 million in 2024 to USD 1,788.50 million by 2034. This estimated growth is expected to be driven by a moderate CAGR of 4.80% in the miter saw market over the next decade. Home renovation and DIY projects are increasing across the globe. With rising investments to elevate living spaces, miter …
FMI Projects Global Bead Winding Machine Market Forecasted to Surge Past USD 1,281.70 Million Mark by 2034, Driven by 2.5% CAGR
The global bead winding machine market is predicted to capture a valuation of USD 972.4 million in 2024 with a CAGR of 2.50% during the forecast period. The global market is anticipated to secure a valuation of USD 1,281.70 million by 2034. Manufacturers are adopting intelligent and cutting-edge technology to develop automatic bead winding machines for making highly efficient tires that attract end …
FMI Analysis States Global Internal Gear Pump Industry to Reach USD 857.2 Million by 2034, Driven by 4.2% CAGR Growth
The internal gear pump market is worth USD 529.1 Million in 2023. The demand for internal gear pumps is expected to surge at a CAGR of 4.2% over the forecast periods. The global internal gear pump industry is estimated to reach USD 857.2 Million by 2034, rising from USD 552 Million in 2024. The internal gear pump …
FMI Projects Global Industrial Paper Cutter Market Share to Reach USD 1,368.20 Million by 2034, Driving 3.60% CAGR Growth
The industrial paper cutter market is anticipated to grow significantly over the next decade, with a projected valuation of USD 998.5 million by 2024. The increasing demand for efficient paper-cutting solutions across various industries, such as publishing, printing, and packaging, is one of the key factors driving this growth. Technological advancements and automation in paper-cutting operations are expected to …
Global Safety Valve Market Valuation to Surpass USD 10.0 Billion Mark by 2033, Driven by 8.6% CAGR Growth | FMI Study
The global safety valve market totalled USD 4.0 billion in 2022 and is set to reach USD 4.4 billion by 2023. Over the forecast period, global demand for safety valves is predicted to surge at 8.6% CAGR. By 2033, total revenue is projected to reach USD 10.0 billion. The oil and gas sector is anticipated to continue as the primary end-user of safety valves …
Global Low Voltage Cable Market Expected to Exceed USD 255 Billion Mark by 2033, Growing Steadily at 5.8% CAGR
The global low voltage cable market has witnessed remarkable growth, achieving a substantial valuation of USD 135.3 billion in 2022. This upward trajectory is set to continue, with an anticipated value of USD 144.5 billion by the end of 2023, showcasing robust year-over-year expansion. Looking ahead, the market is forecasted to experience a significant Compound Annual Growth …