Passenger Boarding Bridge Market The global passenger boarding bridge market is expected to grow at a Compound Annual Growth Rate (CAGR) of 8% through 2033. In 2023, the market is valued at USD 2.05 billion, with projections to reach USD 4.43 billion by 2033, according to an analysis report by FMI. This growth is primarily …
Category Archives: Industrial News
Global Consumer Appliances Market Projected to Hit USD 679.8 Billion by 2033, Growing at 4.5% CAGR | FMI Reports
Consumer Appliances Market The global consumer appliances market is projected to reach USD 437.8 billion in 2023, driven by rising infrastructural development and construction activities. By 2033, the market is expected to grow to USD 679.8 billion, reflecting a Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period from 2023 to 2033. This …
Commercial Refrigeration Compressors Market to Hit USD 58.94 Billion by 2033, with a CAGR of 4.3% | FMI Reports
Commercial Refrigeration Compressors Market The commercial refrigeration compressors market is poised for significant growth, with a projected valuation of USD 38,687.2 million in 2023 and a robust Compound Annual Growth Rate (CAGR) of 4.3%. By 2033, the market is expected to reach an impressive USD 58,940.03 million, marking a transformative period for the industry. This …
FMI Study States Global Vapour Blasting Equipment Market Share to Exceed USD 196.5 Million by 2033, Growing at an Average 5.1% CAGR
The global vapour blasting equipment market is poised for significant growth, with forecasts projecting a valuation exceeding USD 196.5 million by 2033, propelled by a robust Compound Annual Growth Rate (CAGR) of 5.1% from 2023 to 2033. This anticipated trajectory underscores the resilience and potential of the market. Insights from Future Market Insights, Inc. indicate an initial …
Global Floating Power Plants Market Projected to Drive Past USD 26 Billion Milestone by 2033, Growing Steadily at 9% CAGR
The global floating power plant market is projected to attain a valuation of USD 11.04 billion in 2023 and is expected to reach USD 26 billion by 2033, trailing a CAGR of 9% during the forecast period. The increasing adoption of floating solar plants is projected to drive the global floating power plant market’s growth in the forecast period, supported by …
Global Water Desalination Equipment Market Revenue Share to Surpass USD 22,645.8 Million Mark by 2033, Growing at 8.6% CAGR
The global water desalination equipment market is poised for unprecedented growth, forecasting a promising revenue of USD 22,645.8 million by 2033. This surge is propelled by an impressive Compound Annual Growth Rate (CAGR) of 8.6%, extending through 2033, with the market presently valued at USD 9,924.1 million in 2023. The flourishing global water desalination equipment market not …
Global Compact Construction Equipment Market Size Estimated to Drive Past USD 325.4 Billion Mark by 2033, Growing Steadily at 3.8% CAGR
The global compact construction equipment market is poised for substantial expansion, with a projected valuation of USD 224.1 billion by 2023, laying the foundation for continued growth. Supported by a notable Compound Annual Growth Rate (CAGR) of 3.8% forecasted from 2023 to 2033, a comprehensive analysis conducted by FMI underscores the market’s potential to reach a significant …
Market Outlook: Air Separation Plants Set to Achieve USD 10,512.26 Million by 2034, Driven by a 4.90% CAGR | FMI Reports
Air Separation Plant Market The air separation plant market is poised for significant growth, currently valued at USD 6,515.40 million in 2024. With a projected Compound Annual Growth Rate (CAGR) of 4.90%, the market is expected to reach an impressive USD 10,512.26 million by 2034. This growth trajectory is primarily driven by the rising demand …
Steady Expansion: Electrical Enclosure Market Forecasted to Reach USD 81.3 Billion by 2033, with a CAGR of 5.2% | FMI Reports
Electrical Enclosure Market Electrical enclosures are essential components across various industries, providing critical protection for electrical equipment and ensuring safe operation in diverse environments. The global Electrical Enclosure Market is poised for significant growth, with its value expected to reach USD 46.6 billion by 2022. This upward trajectory is forecasted to continue, fueled by strong …
FMI Study States Global Electric Fireplace Market Size to Cross USD 3.2 Billion Milestone by 2032, Driven by 3.7% CAGR Growth
The global electric fireplace market has witnessed significant growth, reaching a valuation of USD 2.18 billion in 2021 and projecting a noteworthy year-on-year growth rate of 1.4%. This upward trajectory is set to continue as the market steadily ascends, with a projected Compound Annual Growth Rate (CAGR) of 3.7% from 2022 to 2032. Expected to reach USD …