The industrial film market is expected to witness a CAGR of 5.9% through 2034. The market is expected to reach a valuation of USD 62.0 Billion in 2024 and USD 110.0 Billion by 2034. The market’s growth is driven by several factors, including the expansion and modernization of industries worldwide, which are increasingly turning to functional and protective films to ensure the safety …
Category Archives: Industrial News
Global Gas Commercial Deep Fryers Market Size Aims to Exceed USD 1,301.4 Million by 2033, Driving 6.6% CAGR Growth | FMI Study
The global gas commercial deep fryers market is expected to be valued at USD 686.8 million in 2023. With the continual economic growth rise in the disposable incomes of people, the gas commercial deep fryers market is projected to grow at a CAGR of 6.6% between 2023 and 2033, totaling around USD 1,301.4 million by 2033. Moreover, technological advancements have revolutionized the landscape …
FMI Study States Global Portable Buffet and Drop-in Ranges Market Size to Cross USD 1,629.7 Million by 2033, Growing at 6.5% CAGR
The global portable buffet and drop-in ranges market is on a growth trajectory, having reached a valuation of USD 868.2 million in 2023. Forecasts suggest a steady CAGR of 6.5% from 2023 to 2033, with an anticipated valuation of USD 1,629.7 million by the end of the forecast period. The increasing popularity of food preparation and serving …
Global Commercial Ice Equipment and Supplies Market Revenue Anticipated to Surpass USD 13.6 Billion by 2033, Growing at 5.5% CAGR
The global commercial ice equipment and supplies market is expected to be valued at USD 7.9 billion in 2023. With the increasing popularity of modular and under-counter ice machines across the globe, the overall scope for the commercial ice equipment and supplies market is projected to grow at a CAGR of 5.5% between 2023 and 2033, totaling …
Global Flake Ice Machines Sales to Surge Past USD 2.3 Billion Milestone by 2033, Driven by an Average 6.0% CAGR Growth | FMI Study
Future Market Insights forecasts that the global flake ice machines market will reach a value of USD 1.3 billion by 2023. As the tourism industry continues to thrive and urbanization rates soar, the flake ice machines market is poised for substantial expansion. Projections suggest a robust compound annual growth rate (CAGR) of 6.0% between 2023 and 2033, …
East Asia Safety and Process Filter Industry to Reach USD 14,722.5 Million by 2034 Amid Booming Shipbuilding and Petrochemical Sectors | FMI Inc.
The East Asia safety and process filter industry value is forecast to increase from USD 7,075.7 million in 2024 to USD 14,722.5 million by 2034. Over the assessment period, demand for safety and process filters in East Asia is projected to grow at a CAGR of 7.6%. Expansion of end-use industries like shipyards, refineries, petrochemical and chemical plants, fuel storage facilities, …
Global Gem Faceting Machine Market Value is Anticipated to Reach USD 1,270 Million by 2034, Driving 4.10% CAGR Growth | Future Market Insights, Inc.
The gem faceting machine market demonstrated robust growth in 2024, surging to USD 849.8 Million. It is poised to witness further expansion, reaching an estimated USD 1,270 Million by 2034. Forecasts indicate a steady upward trajectory, with a CAGR of 4.10% from 2024 to 2034. The rising demand for customized gemstones, especially in jewelry and luxury goods, …
FMI Analysis Affirms Global Liquid Filtration Market Value Predicted to Surge Past USD 5.8 Billion by 2033, Driven by 7.9% CAGR
In 2022, the global liquid filtration market achieved sales revenue of USD 2.5 billion. Projections indicate a robust increase in demand, with a compound annual growth rate (CAGR) of 7.9% expected from 2023 to 2033. The latest analysis forecasts substantial market expansion, with the global liquid filtration market size anticipated to grow from USD 2.7 billion in …
Global Avionics Market Projected to Exceed USD 117.0 Billion Valuation by 2034 with CAGR of 7.9%, Driven by Increasing demand for commercial aircraft | FMI Analysis
The avionics market is expected to witness significant growth in the coming years. It is projected to reach USD 54.9 Billion by 2024 and USD 117.0 Billion by 2034. The experts at Future Market Insights anticipate a steady growth trajectory during this period at a CAGR of 7.9%. This growth is attributed to increased demand for commercial aircraft, particularly in emerging economies, …
FMI Analysis States Global Reference Designs Market Size Projected to Surpass USD 71.8 Billion by 2033, Driving 11.3% CAGR Growth
The reference designs market is expected to be valued at USD 24.6 billion in 2023. The market is expected to reach USD 71.8 billion by 2033, rising at an 11.3% CAGR. Demand for these designs is driven by the many elements that influence the growth trajectory of the reference design industry. The reference design business is primarily driven by the rapid …