The global wire rolling machine market is poised for significant growth over the next decade, with its market value projected to reach USD 11,385.6 million by 2034, up from USD 6,783.4 million in 2024. This represents a strong compound annual growth rate (CAGR) of 5.3% from 2024 to 2034. Key drivers of this growth include …
Category Archives: Industrial News
Global Centrifugal Separator Market Projected to Reach USD 1,838.40 Million by 2034
The global centrifugal separator market is projected to reach a valuation of USD 1,354.7 million in 2024, growing at a compound annual growth rate (CAGR) of 2.80%. By 2034, the market is expected to attain a valuation of USD 1,838.40 million. The rising need for separating solids from purified liquids is driving the adoption of …
Global Metal Sheet Bending Machine Market to Reach USD 1,344.60 Million by 2034, Growing at 2.10% CAGR
The global metal sheet bending machine market is projected to reach USD 1,020.1 million in 2024, with sales expected to grow at a compound annual growth rate (CAGR) of 2.1% from 2024 to 2034, reaching USD 1,344.60 million by 2034. Key Drivers of Growth in the Metal Sheet Bending Machine Market The rising demand for …
Industrial Security System Market to Reach USD 115 Billion by 2034, Growing at 7.5% CAGR
The industrial security system market is projected to be valued at USD 55.9 billion in 2024, with growth expected at a compound annual growth rate (CAGR) of 7.5% from 2024 to 2034, reaching USD 115 billion by 2034. Rising security threats and breaches are driving the demand for industrial security systems, particularly in industries like …
Decorticator Machine Market Expected to Reach USD 5,061.70 Billion by 2034, Driven by Cannabis Industry Growth and Sustainable Material Demand
According to Future Market Insights (FMI), the global decorticator machine market is expected to grow from USD 2,907.70 million in 2024 to USD 5,061.70 million by 2034, with a CAGR of 5.70%. The legalization of cannabis in several regions has boosted demand for decorticator machines, particularly for processing hemp and cannabis fibers used in various …
Global Lighting Contactor Market to Reach USD 1.6 Billion by 2034, Driven by Energy Efficiency and Urbanization
According to Future Market Insights (FMI), the global lighting contactor market is projected to grow from USD 702.1 million in 2024 to USD 1.6 billion by 2034, at a compound annual growth rate (CAGR) of 8.5%. A key factor driving this market is the focus on indoor environmental quality (IEQ). As infrastructure development increasingly emphasizes …
Natural Refrigerant Heat Pump Market to Reach USD 23.5 Billion by 2034, Driven by Sustainability, Innovation, and Regulatory Push
The large-scale natural refrigerant heat pump market is projected to reach a value of USD 8.4 billion in 2024 and is expected to grow to USD 23.5 billion by 2034, with a compound annual growth rate (CAGR) of 10.8% during the forecast period. One of the key drivers of this market is the increasing emphasis …
Sanitary Pump and Valve Market to Reach USD 3.6 Billion by 2034, Driven by Rising Demand for Hygiene and Technological Advancements
The global sanitary pump and valve market was valued at approximately USD 2.2 billion in 2023 and is projected to grow to USD 3.6 billion by 2034, with a compound annual growth rate (CAGR) of 4.6% from 2024 to 2034. By 2024, the market is expected to reach USD 2.3 billion. Growth in the sanitary …
Fusing Machine Market to Reach USD 886.20 Million by 2034, Driven by Advancements in Textile, Automotive, and Automation Technologies
The global fusing machine market is projected to grow from USD 533.80 million in 2024 to USD 886.20 million by 2034, with demand rising at a compound annual growth rate (CAGR) of 5.20% during the forecast period. Key factors driving the market include the rapidly evolving textile and apparel industry, where fusing machines are essential …
Hygienic Pump and Valve Market to Reach USD 12.6 Billion by 2034, Driven by Demand from Biotech, Pharmaceutical, and Food Industries
According to Future Market Insights (FMI), the hygienic pump and valve market is projected to grow from USD 6.7 billion in 2024 to USD 12.6 billion by 2034, with a compound annual growth rate (CAGR) of 6.6% over the next decade. This growth is driven by increasing demand for hygienic and clean products, as well …