The compost turning machine market valued at an anticipated USD 120.3 million in 2022, is poised for sustained growth driven by a surge in demand for compost-turning machines across diverse industries. The burgeoning adoption of these machines in agriculture, construction, and manufacturing industries is a key factor propelling growth, with the market projected to attain USD 181.2 …
Category Archives: Industrial News
Global Linear Slide Units Market Share Forecasted to Hit USD 3.6 Billion by 2028, Surging at a 7.2% CAGR | FMI Projection
The global linear slide units market is expected to surpass the valuation of USD 3.6 billion by 2028. By the end of 2022, the global valuation stood at approximately USD 2.4 billion. Forecasts for the market’s trajectory indicate a robust growth trend in the coming years, with an expected Compound Annual Growth Rate (CAGR) of 7.2%. The …
FMI Study States Global Mud Pumps Market Size to Hit USD 1.32 Billion by 2033, Growing with a 3.6% CAGR
The global mud pump market was anticipated to reach a valuation of approximately USD 0.93 billion by 2023. The upward trend in drilling activities within the oil and gas industry is expected to be the primary driver of market growth. Projections indicate that by 2033, the market’s value could ascend to USD 1.32 billion, reflecting a Compound …
FMI Report Indicates Global Industrial Noise Control Market Size to Reach USD 7,550.0 Million by 2028, Surging at a CAGR of 4.6%
The industrial noise control market is currently undergoing a significant transformation, marked by a notable shift towards integrating eco-friendly practices. At the close of 2021, the industrial noise control market was valued significantly at USD 5,529.1 million. Projections indicate that the market is poised for substantial growth by 2028, with an expected Compound Annual Growth Rate (CAGR) …
FMI Study Predicts Global Tool Holders Market Share Anticipated to Exceed USD 2,049.5 Million by 2033, Rising at a 5.2% CAGR
The global tool holders market is poised for significant growth, with an anticipated robust annual expansion rate of 5.2% in 2023. This projected trajectory is expected to elevate the market’s value to an impressive USD 1,234.5 million by the end of 2023, with further potential to surge to an estimated USD 2,049.5 million by 2033. Tool holders …
FMI Study Predicts Global Fiber Laser Market Revenue to Surpass USD 12,782.7 Million by 2034, Fueled by a Resilient 11.5% CAGR
The global fiber laser market, currently valued at an estimated USD 4,304 million, is projected to grow at a robust compound annual growth rate (CAGR) of 11.5% from 2024 to 2034. By the end of this forecast period, the market size is anticipated to reach a substantial USD 12,782.7 million. The industry is expected to see …
FMI Projection Affirms Global Deployable Military Shelter Market Size to Cross USD 1.7 Billion by 2033, Growing at a 4.8% CAGR
The deployable military shelter market expected to reach a noteworthy value of USD 1.7 billion by 2033. Sustaining a robust Compound Annual Growth Rate (CAGR) of 4.8% from 2023 to 2033, the market is anticipated to achieve a substantial milestone of USD 1.11 billion in 2023 alone. The demand for deployable military shelters is influenced by various …
FMI Analysis Indicates Global Agricultural Food Grade Rubber Conveyor Belt Market to Exceed USD 5,771.00 Million by 2033, Surging at a 5.00% CAGR
The agricultural food grade rubber conveyor belt market is poised for significant growth, with estimations indicating a surge to USD 3,542.90 million by 2023 and a further ascent to USD 5,771.00 million by 2033. This projected trajectory is underpinned by a steady Compound Annual Growth Rate (CAGR) of 5% throughout the forecasted period. The increasing demand for …
FMI Study Forecasts Global Hydraulic Gear Pumps Market Anticipated to Exceed USD 2,932.5 Million by 2034, Surging Steadily at 3.7% CAGR
The hydraulic gear pumps market is positioned for considerable growth, with a projected valuation of approximately USD 2,031.1 million by the end of 2024. Forecasts indicate a notable Compound Annual Growth Rate (CAGR) of 3.7% from 2023 to 2033, driving substantial market expansion and an estimated market value of around USD 3 billion. Hydraulic gear pumps are …
FMI Analysis Indicates Global Residual Current Circuit Breaker Market Share to Reach USD 4,718.6 Million by 2033, Rising at a 6.7% CAGR
The global residual current circuit breaker market is anticipated to reach a valuation of USD 2,467.0 million in 2023, driven by surge in data centers. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 6.7% between 2023 and 2033, and reaching a total valuation of approximately USD 4,718.6 million …