According to a recent report by Future Market Insights, the global oilwell completion tools market is projected to grow from USD 200 million in 2023 to USD 300 million by 2033, registering a compound annual growth rate (CAGR) of 4.1%. This steady growth underscores the vital role completion tools play in optimizing oil and gas production, particularly amid ongoing …
Category Archives: Industrial News
FMI Report States Global Railway Track Fittings Market Revenue to Cross USD 6.1 Billion by 2033, Growing at a 4.2% CAGR
The global railway track fittings market is poised for significant growth, with Future Market Insights projecting a 4.2% compound annual growth rate (CAGR) from 2023 to 2033. By the end of the forecast period, the market is expected to reach a valuation of approximately USD 6.1 billion. This growth underscores the critical role of railway infrastructure in supporting …
FMI Study States Global Self-Priming Centrifugal Pump Market Share to Reach USD 55 Billion by 2033, Surging at 5.2% CAGR
The global self-priming centrifugal pump market is poised for significant growth, with Future Market Insights projecting its valuation to reach USD 33 billion by the end of 2023. Driven by increasing industrial applications, urbanization, and the need for efficient fluid handling solutions, the market is anticipated to expand at a CAGR of 5.2%, climbing to USD 55 billion by …
FMI Report States Global Magnetic Grill Market Size to Hit USD 3.7 Billion Mark by 2033, Surging at an Average 6.3% CAGR
According to a recent report by Future Market Insights, the global magnetic grill market is set to achieve a valuation of USD 2 billion by the end of 2023. The market is projected to grow at a compound annual growth rate (CAGR) of 6.35%, reaching an estimated USD 3.7 billion by 2033. The growing need for efficient metal contaminant …
Japan’s Cathodic Protection Market Poised for Growth, Projected to Reach USD 833.3 Million by 2034 | FMI Analysis
The cathodic protection industry in Japan is set to witness significant growth over the coming decade, with demand projected to reach an impressive value of USD 833.3 million by 2034. Starting at an estimated USD 448.1 million in 2024, the industry is anticipated to expand at a compound annual growth rate (CAGR) of 6.40% from 2024 to 2034, underscoring …
Western Europe’s Electric Sub-Meter Market Size Projected to Drive Past USD 6,097.39 Million by 2034 | FMI Analysis
The electric sub-meter market in Western Europe is poised for steady growth over the coming decade, driven by increasing awareness around energy efficiency and sustainability. According to recent industry analysis, the adoption of electric sub-meters in the region is projected to achieve a compound annual growth rate (CAGR) of 5.6% from 2024 to 2034. Sales are expected …
FMI Research States Global On-Pack Recycling Labelling Solutions Market Revenue to Hit USD 64,200 Million by 2032, Surging at 7% CAGR
The global on-pack recycling labelling solutions market is set to experience unprecedented growth in the coming years, driven by heightened awareness of environmental sustainability and increasing regulatory pressure to reduce waste. According to market research, the industry, valued at USD 32,640 million in 2022, is projected to reach USD 64,200 million by 2032, achieving a compound annual growth rate …
FMI Report States Global Automatic Distillation Analyzer Market Size to Hit USD 1,667.7 Million by 2032, Driven by 6.1% CAGR
The global automatic distillation analyzer market is set to witness substantial growth over the next decade, with market valuation projected to rise from USD 922.5 million in 2022 to an impressive USD 1,667.7 million by 2032, according to Future Market Insights (FMI). This growth trajectory, marked by a 6.1% compound annual growth rate (CAGR) between 2022 and 2032, underscores …
Global Electrochromic Glass and Devices Market Size to Drive Past USD 8,519.7 Million by 2032, Surging at 13.4% CAGR
The global electrochromic glass and devices market, valued at USD 2,422.7 million in 2022, is forecasted to reach USD 8,519.7 million by 2032, reflecting a robust CAGR of 13.4%. Electrochromic glass and devices, known for their ability to modulate light and heat transmission, have garnered substantial attention across various industries. The technology’s dynamic tinting capabilities make it an …
FMI Analysis Affirms Global Industrial Strainers Market Share to Cross USD 70 Billion by 2033, Growing at an Average 5.8% CAGR
The global industrial strainers market is projected to witness significant growth, with its value pool expected to reach USD 40 billion by the end of 2023. Propelled by increasing adoption across diverse sectors, global demand is forecasted to grow at a robust CAGR of 5.8%, culminating in a market valuation of USD 70 billion by 2033. Industrial strainers play …