According to Future Market Insights, global sales of screw conveyors are expected to reach approximately USD 884.2 million in 2022. The overall market size is projected to grow at a CAGR of 4.8% from 2022 to 2032, surpassing USD 1,416.3 million by the end of the forecast period. The expansion of the global screw conveyor …
Category Archives: Industrial News
Refrigeration Compressor Market Poised for Growth, Projected to Reach USD 53,732.1 Million by 2032
According to Future Market Insights, the global refrigeration compressor market is expected to reach a value of USD 37,597.8 million in 2022 and grow at a compound annual growth rate (CAGR) of 3.6% between 2022 and 2032. Overall sales of refrigeration compressors are anticipated to total approximately USD 53,732.1 million by 2032. The increasing application …
Photon Counters Market Expected to Reach USD 204.4 Million by 2033, Growing at a CAGR of 6.6%
The photon counters market is expected to experience significant growth, with a projected CAGR of 6.6% from 2023 to 2033. By the end of this period, the market is anticipated to reach a value of USD 204.4 million, up from USD 108 million in 2023. Advancements in medical imaging technologies are key drivers of this …
Depth Filtration Market Expected to Surpass USD 2.4 Billion by 2023, Driven by Growth in Healthcare and Food & Beverage Sectors
In 2023, the Depth Filtration market is projected to generate revenues exceeding USD 2.4 billion, with an anticipated compound annual growth rate (CAGR) of 8.5% from 2023 to 2033. This growth is largely attributed to increasing applications in the healthcare, pharmaceutical, and food and beverage industries. The market is set to benefit from significant advantages, …
Overhead Cables Market to Reach USD 119.8 Billion by 2033, Driven by Smart Grid Integration and Technological Advancements
The overhead cables market is expected to grow from USD 69.8 billion in 2023 to USD 119.8 billion by 2033, registering a CAGR of 5.6% over the forecast period. The increasing adoption of smart grid technologies is revolutionizing the market by enabling real-time monitoring and control of power distribution. This enhances system reliability, efficiency, and …
Global Asphalt Pavers Market to Reach USD 3,414.6 Million by 2032, Driven by Expanding Road Infrastructure and Technological Advancements
According to Future Market Insights, the global asphalt pavers market is projected to grow from USD 2,220.4 million in 2022 to USD 3,414.6 million by 2032, registering a 4.4% CAGR during the forecast period. Key factors driving this growth include the robust expansion of road infrastructure worldwide due to rising populations, rapid urbanization, and increasing …
Global Compressors and Vacuum Pumps Market Projected to Reach USD 57.8 Billion by 2033, Driven by Industrial Expansion and Technological Advancements
The global market for compressors and vacuum pumps is projected to reach USD 37.6 billion in 2023, driven by the growing expansion of the industrial sector. This market is expected to grow to USD 57.8 billion by 2033, reflecting a compound annual growth rate (CAGR) of 4.4% from 2023 to 2033. The surge in demand …
Global Seismic Protection Devices Market Projected to Reach USD 2,220.8 Million by 2033, Driven by Smart Technologies and Sustainable Solutions
According to Future Market Insights (FMI), the global seismic protection devices market is expected to reach USD 1,525.4 million in 2023, with projections exceeding USD 2,220.8 million by 2033. The market is anticipated to grow at a CAGR of approximately 3.8% during the assessment period from 2023 to 2033. There is a growing trend toward …
CO2 Enhanced Oil Recovery Market Set to Exceed USD 7 Billion by 2033, Driven by 4.2% CAGR and Innovations in Carbon Capture Technology
The CO2 Enhanced Oil Recovery (EOR) market is projected to exceed USD 4.6 billion by 2023 and surpass USD 7 billion by 2033, with demand expected to grow at a CAGR of 4.2% during the period from 2023 to 2033. Several key factors have contributed to the rising demand for CO2 EOR in recent years. …
Inflow Control Devices Market to Reach USD 827.4 Million by 2033, Driven by 6.5% CAGR and Innovations in Reservoir Management
Future Market Insights, an ESOMAR Certified Market Research and Consulting Firm, has published an in-depth report on the Inflow Control Devices (ICD) Market, providing valuable insights and detailed analysis. The report thoroughly examines key market drivers, market size, and forecasts for inflow control devices, along with detailed segmentations of revenue and shipments and projections up …