Telehandler Market The global telehandlers market is projected to reach USD 11,822.81 million by 2034, with a Compound Annual Growth Rate (CAGR) of 5.9%, according to Future Market Insights (FMI). The growing demand for telehandlers is driven by their remarkable versatility. These multi-functional machines are becoming essential across various industries, including construction, infrastructure development, manufacturing, …
Category Archives: Industrial News
Solar Shading Systems Market Projected to Reach USD 5.72 Billion by 2032, Expanding at a 3% CAGR | FMI Reports
Solar Shading Systems Market The global solar shading system market is projected to experience a steady Compound Annual Growth Rate (CAGR) of 3% through 2032. With a valuation of USD 3.9 billion in 2022, the market is expected to grow to USD 5.72 billion by 2032. This growth highlights the increasing appreciation for the advantages …
Global Aerial Work Platforms Market Projected to Hit USD 19.43 Billion by 2033, Growing at 6.1% CAGR | FMI Reports
Aerial Work Platforms Market Future Market Insights projects that the global aerial work platforms market will reach approximately USD 19.43 billion by 2033, reflecting a compound annual growth rate (CAGR) of 6.1%. This marks a significant increase from the projected USD 10.75 billion in 2023. Aerial work platforms—commonly known as mobile elevating work platforms, cherry …
Silicon Anode Battery Market Expected to Hit USD 131.6 Billion by 2033, Boasting a 47.5% CAGR | FMI Reports
Silicon Anode Battery Market The global silicon anode battery market is projected to reach USD 2.7 billion in 2023. This growth is driven by the increasing adoption of advanced silicon anode batteries, which offer superior storage capacity and are being utilized across various industries. According to Future Market Insights (FMI), the market is expected to …
Global Industrial Hearables Market Projected to Surpass USD 1,700 Million by 2033, Driven by 7.9% CAGR | FMI Reports
Industrial Hearables Market The industrial hearables market is anticipated to grow from USD 791.15 million in 2023 to USD 1,700 million by 2033, reflecting a robust compound annual growth rate (CAGR) of 7.9% over the forecast period. The focus in industrial hearables is shifting beyond traditional noise cancellation to include cognitive noise reduction. Advanced AI …
Fueled by Energy Efficiency: Heat Recovery Steam Generator Market Expected to Reach USD 2.03 Billion by 2033 | FMI Reports
Heat Recovery Steam Generator Market The global heat recovery steam generation (HRSG) market is set to grow from USD 1.31 billion in 2023 to USD 2.03 billion by 2033, reflecting a Compound Annual Growth Rate (CAGR) of 4.5% during this period. This growth is driven by advancements in power infrastructure technology and the increasing demand …
Global Synchronous Condenser Market Forecasted to Reach USD 2,381.08 Million by 2033, Growing at an 8.4% CAGR | FMI Reports
Synchronous Condenser Market The global synchronous condenser market is set to expand significantly, growing from USD 1,102.90 million in 2023 to USD 2,381.08 million by 2033, with a robust Compound Annual Growth Rate (CAGR) of 8.4% over this period. Opportunities in the Synchronous Condenser Market Advanced Control Systems: Innovations in control systems, particularly those incorporating …
Industrial Robots Market Expected to Surpass USD 25,828.99 Million by 2033, Expanding at a 17.20% CAGR | FMI Reports
Industrial Robot Market The global industrial robots market is set for substantial growth, with projections indicating it will surpass USD 25,828.99 million by 2033. This growth is driven by a robust Compound Annual Growth Rate (CAGR) of 17.20%, up from USD 5,282.40 million in 2023. A major driver behind this expansion is the rise of …
Transformer Monitoring System Market Projected to Surpass USD 7,646.39 Million by 2034, Expanding at an 8.9% CAGR | FMI Reports
Transformer Monitoring System Market The global transformer monitoring system market, valued at USD 3,259.70 million in 2024, is projected to experience significant growth, with a Compound Annual Growth Rate (CAGR) of 8.9% from 2024 to 2034. By 2034, the market is expected to reach approximately USD 7,646.39 million. This growth highlights the increasing importance of …
Dredging Market Trends: Expected to Reach USD 20,638.92 Million by 2034, with a CAGR of 2.15% | FMI Reports
Dredging Market The global dredging market is projected to exceed USD 20,638.92 million by 2034, up from USD 16,684.12 million in 2024, reflecting a steady compound annual growth rate (CAGR) of 2.15% throughout the forecast period, according to Future Market Insights (FMI). A significant driver of this growth is the One Belt One Road Initiative …