The global telehandlers market is anticipated to reach USD 11,822.81 million by 2034, reflecting a Compound Annual Growth Rate (CAGR) of 5.9%, according to Future Market Insights (FMI). The growing demand for telehandlers is primarily fueled by their exceptional versatility. These multi-functional machines are becoming essential assets across various sectors, including construction, infrastructure development, manufacturing, …
Category Archives: Industrial News
Solar Shading Systems Market to Reach USD 5.72 Billion by 2032, Growing at a Steady 3% CAGR | FMI Reports
The global solar shading system market is projected to achieve 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 reflects more than just numerical predictions; it highlights the increasing recognition …
Global Water Treatment System Market Revenue Projected to Exceed USD 1,28,230 Million Value by 2033, Growing at an Average 6.2% CAGR
The global water treatment system market is poised for substantial growth, with an anticipated revenue of USD 65,164 million in 2023. Projections by industry experts indicate a steady Compound Annual Growth Rate (CAGR) of 6.2% until 2033, positioning the market to achieve an impressive valuation of USD 1,28,230 million by the end of the forecast period. A …
FMI Study States Global Automated Sortation System Market Size Expected to Surge to USD 21.7 Billion by 2034, With a Strong CAGR of 8.8%
The global automated sortation system market is forecasted to achieve a significant milestone of USD 21.7 billion by 2034, reflecting a notable Compound Annual Growth Rate (CAGR) of 8.8% from 2024 to 2034. Furthermore, the market is anticipated to reach USD 9.3 billion in 2024, underscoring its continued expansion. The growth of automated sortation systems is driven …
Global Chopper Pumps Market Share Anticipated to Surge Past USD 1,429 Million Mark by 2033, Growing Steadily at 5.2% CAGR | FMI Study
The global chopper pump market is poised for remarkable growth, with 2022 witnessing an estimated value of USD 818.4 million. This figure is set to skyrocket in the coming decade, with experts predicting an astounding surge to USD 1,429 million by 2033. Such exponential growth, marking a compelling CAGR of 5.2% from 2023 to 2033, underscores the …
Global Dumbwaiter Lifts Market Revenue Share to Surpass USD 25,413.90 Million Milestone by 2033, Growing Steadily at 4.5% CAGR | FMI Study
The global dumbwaiter lifts market is poised for impressive growth, projected to achieve a robust Compound Annual Growth Rate (CAGR) of 4.5% during the forecast period. Anticipated to reach a valuation of USD 17,101.10 million by the year 2023, the market’s trajectory is set to ascend even further, potentially reaching an astounding USD 25,413.90 million by 2033. …
FMI Study Affirms Global Commercial Kitchen Ventilation System Market Revenue to Reach USD 17.43 Billion by 2033, Growing at 4.5% CAGR
The global commercial kitchen ventilation system market is anticipated to experience significant expansion, with forecasts indicating a valuation of USD 17.43 billion by 2033, in contrast to the USD 11.73 billion recorded in 2023. This notable upward trajectory can be attributed to a Compound Annual Growth Rate (CAGR) of 4.5% throughout the projected period. A commercial kitchen …
Global Explosion Proof Equipment Market Revenue Anticipated to Reach USD 10,160.5 Million by 2033, Driving Steady Growth of 3.4% CAGR
The global explosion proof equipment market is forecast to experience a moderate growth of 3.4% CAGR over the estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of USD 10,160.5 million in 2033, rising from USD 7,520.18 million in 2023. Explosion proof equipment is the most requested equipment by industrial facilities to lower …
FMI Analysis Affirms Global Agricultural Sprayers Market Revenue Forecasted to Reach USD 5,499.5 Million by 2033, Growing at a CAGR of 5.9%
The global agricultural sprayers market is anticipated to achieve a substantial size, projected to reach USD 3,106.1 million by 2023, with a subsequent growth rate forecasted at 5.9% CAGR between 2023 and 2033. By the conclusion of 2033, total sales within the agricultural sprayers sector are expected to yield revenues amounting to USD 5,499.5 million. One of the primary drivers stimulating the demand …
FMI Projection Affirms Global Cryogenic Valves Market Size Projected to Reach USD 5.73 Billion Milestone by 2033, Growing at 4.9% CAGR
The global cryogenic valves market is projected to be valued at USD 5,731.4 Million by 2033, growing at a CAGR of 4.9% from 2023 to 2033. Global market expansion is predicted to be fueled by rising demand for cryogenic gases from a range of end-use industries throughout the course of the forecast period. Rising investments in gas-powered power …