The electric commercial deep fryers market is poised for remarkable expansion, envisioning a noteworthy valuation surpassing USD 1,456.9 million by 2033, propelled by a robust Compound Annual Growth Rate (CAGR) of 6.6%. This upward trajectory is fueled by the growing presence of food-service establishments and an increasing demand for high-capacity deep fryers. The distinctive feature of these …
Category Archives: Industrial News
Global Outdoor Commercial Grills Market Valuation Forecasted to Surpass USD 5.0 Million Mark by 2033, Growing at 5.8% CAGR
The global Outdoor Commercial Grills market size is expected to be valued at USD 2.8 Million in 2023. With the continual expansion of the foodservice industry, the overall scope for Outdoor Commercial Grills Market is projected to grow at a CAGR of 5.8% between 2023 and 2033, totaling around USD 5.0 Million by 2033. Another factor driving the growth of the outdoor commercial grills market is …
FMI Study States Global Indoor Smokehouses and Pig Roasters Market Share to Cross USD 14.9 Billion by 2033, Growing at 11.1% CAGR
The global indoor smokehouses and pig roasters market are experiencing a remarkable ascent, with an anticipated valuation of USD 5.2 billion in 2023. Positioned for dynamic growth, the market is projected to realize a significant Compound Annual Growth Rate (CAGR) of 11.1% from 2023 to 2033, ultimately reaching a substantial USD 14.9 billion valuation by the conclusion …
Global Low Voltage Protection and Control Market Share is Set to Expand at a 6.1% CAGR, Surpassing USD 32.7 Billion by 2034 | Future Market Insights, Inc.
The low voltage protection and control market is anticipated to be valued at USD 18 Billion by 2024. The market valuation is expected to be USD 32.7 Billion by 2034, projected at a CAGR of 6.1%. The expansion in the market for low voltage protection and control is rising due to several causes. The surge in the need for dependable and effective …
Global Elevator Control Panelboard Market Size Expected to Reach USD 15.83 Billion by 2034, Driven by 6.1% CAGR Growth
According to Future Market Insights (FMI), the global elevator control panelboard market is expected to reach USD 15.83 billion by 2034. This growth trajectory is mostly recognized by the surging demand within the residential end-use industry, which is undergoing an extraordinary surge in activity and development. Over the forecast period, global demand for elevator control panelboards is projected to …
Global Casing Pipe Market Revenue Forecasted to Surge Past USD 22,738.90 Million by 2034, Amid Rising Demand in Oil and Gas Industry | Future Market Insights, Inc.
The casing pipe market value is expected to rise from USD 12,939.30 Million in 2024 to USD 22,738.90 Million by 2034. This market is analyzed to expand at a CAGR of 5.80% over the next decade. Growing demand for structural steel pipes and tubes in multinational markets is spurring market growth. The market value is further expected to improve owing to hefty government …
Global Enclosed Motor Starter Market Valuation Poised to Reach USD 2,865.9 Million by 2034 with a 4.63% CAGR, Boosted by Renewable Energy | Future Market Insights, Inc.
The enclosed motor starter market value is projected to reach USD 1,822.7 Million in 2024, and by 2034, it is expected to grow to USD 2,865.9 Million. The rise in industrial automation has contributed to innovations in the enclosed motor starter market with a 4.63% CAGR through 2034, resulting in more efficient motor control. These starters are essential components in automated manufacturing …
FMI Analysis States Global Curing Ovens Market Revenue to Cross USD 6871.90 Million Mark by 2034, Surging Steadily at 4.8% CAGR
According to FMI study, global curing ovens market is expected to exceed valuation of USD 4332.10 million in 2024. The curing oven sales are proficient to acquire the worth and hit USD 6871.90 million by 2034 as these trends gain momentum and become prevalent. This reflects a moderate CAGR of 4.80% from 2024 to 2034. The global …
FMI Analysis States Global Industrial Chain Drives Market Size Anticipated to Reach USD 6.5 Billion by 2033, Growing Steadily at 3.6% CAGR
The global industrial chain drives market size is expected to exceed a valuation of USD 4.6 billion in 2023. It is anticipated to attain a valuation of USD 6.5 billion by 2033. The market is foreseen to thrive at a CAGR of 3.6% from 2023 to 2033. Projects to build infrastructure, such as roads, bridges, railroads, and …
Global Industrial Planetary Gearbox Market Value Predicted to Surpass USD 6.5 Billion Mark by 2033, Growing Steadily at 5.2% CAGR
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 …