The global peristaltic pumps market projects a substantial increase from its 2023 value of USD 1.3 billion to an estimated USD 1.8 billion by 2033. This growth trajectory, characterized by a steady Compound Annual Growth Rate (CAGR) of 3.8%, underscores the escalating demand for peristaltic pumps across diverse industries. Renowned for their unparalleled precision in fluid management, …
Category Archives: Industrial News
FMI Study States Global Flow Meter Devices Market Revenue Gears Up to Exceed USD 22.8 Billion Mark by 2033, Driving 8.5% CAGR Growth
The flow meter devices market is set to experience significant expansion, with projected revenue exceeding USD 22.8 billion by 2033. This anticipated surge marks a substantial increase from the recorded revenue of USD 10.1 billion in 2023, propelled by a steady and robust growth trajectory of 8.5% from 2023 to 2033. Positioned as essential components in fluid …
FMI Report Predicts Global Air Filters Market Valuation Aims to Cross USD 30.33 Billion by 2033, Driven by 6.26% CAGR Growth
The global air filters market is on an upward trajectory, poised to surpass the USD 30.33 billion mark by 2033, showcasing a substantial surge from its 2023 valuation of USD 16.53 billion. This remarkable expansion is propelled by a robust Compound Annual Growth Rate (CAGR) of 6.26%, underscoring the persistent demand for efficient air filtration solutions. Once …
FMI Report Projects Global Miter Saw Market Size Anticipated to Drive Past USD 1,788.50 Million by 2034, Growing Steadily at 4.80% CAGR
The global miter saw market value is expected to rise from USD 1,087.6 million in 2024 to USD 1,788.50 million by 2034. This estimated growth is expected to be driven by a moderate CAGR of 4.80% in the miter saw market over the next decade. Home renovation and DIY projects are increasing across the globe. With rising investments to elevate living spaces, miter …
Global Steel Drum Market to Reach US$ 20.8 Billion by 2033, Driven by Evolving Packaging Needs and Emerging Markets
The global steel drum market is projected to witness robust growth, with an anticipated CAGR of 5.6% from 2023 to 2033. By 2033, the market is expected to reach a valuation of US$ 20.8 billion, up from US$ 2.0 billion in 2024. Carbon steel or stainless steel is used to make the steel drum, a …
Global Carving Stations Market Revenue Anticipated to Drive Past USD 31.99 Billion Mark by 2033, Driven by 25.2% CAGR Growth
Global carving stations market to reach a valuation of USD 3.38 billion in 2023. Future Market Insights reports say that the market is expected to grow at a 25.2% CAGR from 2023 to 2033, anticipated to be valued at USD 31.99 billion by the end of 2033. Software and solutions are essential tools and platforms, which are …
Global Push Button Dispensers Market Revenue Share to Cross USD 6.3 Billion Mark by 2033, Driven by 3.5% CAGR Growth | FMI Analysis
The global push button dispenser market is anticipated to experience a period of consistent expansion, reaching a projected valuation of USD 6.3 billion by 2033. This growth trajectory is fueled by a steady Compound Annual Growth Rate (CAGR) of 3.5%, building upon a solid market base of USD 4.5 billion in 2023. Future Market Insights highlights a …
Global Undercounter Ice Maker Market Valuation to Cross USD 1,135.4 Million Milestone by 2033, Driven by 3.9% CAGR Growth
The undercounter ice makers market projects a remarkable journey ahead, with an anticipated Compound Annual Growth Rate (CAGR) of 3.9% from 2023 to 2033. By 2033, the market is poised to achieve a substantial valuation of approximately USD 1,135.4 million. At the heart of this expansion is a heightened awareness of environmental considerations. Businesses across various industries, …
FMI Study States Global Tray Dispensers Market Size Projected to Reach USD 3.1 Billion Mark by 2033, Driving 6.7% CAGR Growth
The global tray dispensers market is poised to achieve a projected value of USD 1.6 billion in the current year. The driving force behind this surge is the escalating demand for customized tray dispenser solutions, surpassing market expectations. This robust trajectory is expected to persist, fueled by a forecasted Compound Annual Growth Rate (CAGR) of 6.7% from …
FMI Report Predicts Global Industrial Planetary Gearbox Market Share to Cross USD 6.5 Billion Mark by 2033, Driven by 5.2% CAGR Growth
The global industrial planetary gearbox market is poised for significant expansion, with an anticipated valuation of USD 6.5 billion by 2033, driven by a steady Compound Annual Growth Rate (CAGR) of 5.2% from 2023 to 2033. A key driver behind this growth is the increasing demand for precision gearboxes, particularly within the cement industry. The cement sector’s …