A recent report by Future Market Insights projects the water automation and instrumentation market to grow from USD 22 billion in 2023 to USD 48 billion by 2033, with a CAGR of 8.1%. IoT technology is revolutionizing the water industry by enabling interconnected devices and systems. Automated water distribution systems are increasingly leveraging IoT to …
Category Archives: Industrial News
Industrial Stackers Market Expected to Double by 2033, Projected to Reach USD 24.5 Billion with 7.7% CAGR
Future Market Insights’ latest report on the Industrial Stackers Market reveals significant growth potential for the coming decade. Valued at approximately USD 11.7 billion in 2023, the market is anticipated to expand substantially, reaching an impressive USD 24.5 billion by 2033. This growth aligns with a robust CAGR of 7.7% from 2023 to 2033. These …
Europe Photovoltaic Mounting System Market Set to Reach USD 178.7 Billion by 2033, Fueled by 16% CAGR and Renewable Energy Growth
The European photovoltaic mounting system market exhibited significant year-on-year growth, recording a 9% increase in 2022, with a market value of USD 35.7 billion by the end of the year. According to Future Market Insights (FMI), an ESCOMAR-certified research and consulting firm, the market is poised to maintain its upward momentum, projected to rise from …
Global Pick-to-Light Market Set to Reach USD 1,393.8 Million by 2034, Driven by 6.7% CAGR Growth
The global pick-to-light market reached a value of USD 683.3 million in 2023. Over the forecast period, the market is expected to grow at a CAGR of 6.7%. The industry is projected to rise from USD 725.6 million in 2024 to USD 1,393.8 million by 2034, with an anticipated year-on-year growth of 6.2% in 2024. …
Global Speed Gate Market to Reach USD 3,497.46 Billion by 2033, Driven by Technological Advancements and Rising Security Demands
Future Market Insights, an ESOMAR Certified Market Research and Consulting Firm, has published a comprehensive report on the speed gate market, providing essential insights and analysis. The report explores key market drivers, size, and forecasts for speed gates, offering detailed revenue and shipment segmentations along with projections through 2033. It also evaluates major industry players, …
Janitorial Sinks Market to Reach USD 1,409.2 million by 2033, Driven by Urbanization and Growing Renovation Projects
The global janitorial sinks market is projected to reach a value of USD 810.4 million in 2023. Future Market Insights estimates the market will grow at a CAGR of 6.3% from 2023 to 2033, reaching USD 1,409.2 million by the end of the forecast period. The demand for janitorial sinks is growing due to a …
Vane Pump Market Set for Growth: Projected Valuation of USD 4.3 Billion by 2034
According to a report by Future Market Insights (FMI), the vane pump market is expected to reach a valuation of USD 2,442.4 million in 2024, up from USD 2,311.1 million in 2023. The market is projected to grow at a compound annual growth rate (CAGR) of 5.6% between 2024 and 2034, reaching USD 4,292.1 million …
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Electrohydraulic Pump Market to Reach USD 2,565.6 Million by 2034, with 5.50% CAGR
According to a report by Future Market Insights (FMI), the electrohydraulic pump market is expected to reach a valuation of USD 1,392.7 million in 2024 and is projected to grow to USD 2,565.6 million by 2034, with a compound annual growth rate (CAGR) of 5.50% over the forecast period. The rise of Industry 4.0 has …
Tire Inspection System Market to Reach USD 287.4 Million by 2034, Driven by Safety Regulations and Technological Advancements
The tire inspection system market is projected to reach a valuation of USD 224.5 million in 2024 and grow to USD 287.4 million by 2034, with an expected CAGR of 3.10% during the forecast period. Stringent safety regulations in the automotive and aerospace industries are driving the demand for reliable tire inspection solutions. The rise …
Global Concrete Saw Market to Reach USD 695.4 Million by 2034, Driven by Automation and Sustainability Trends
The global concrete saw market is projected to reach a valuation of USD 527.6 million by 2024, with growth fueled by the expansion of e-commerce and online sales channels. This trend is expected to create new opportunities for the market, driving a compound annual growth rate (CAGR) of 2.4% between 2024 and 2034, reaching an …