The refrigeration leak detector market is expected to reach US$ 107.03 million by 2032, while expanding its roots in the global market at a slower CAGR of 3.0%. (2022-2032). In 2022, the market is expected to generate $ 82.03 million. The refrigeration leak detector market has witnessed increased uptake in recent years as it helps to eradicate the harmful effect of …
Category Archives: Press Release
Global Passenger Boarding Bridge Market Current and Future Trends, Industry Segments and Regional Forecast By 2032 – Future Market Insights, Inc
The market for passenger boarding bridges was valued at US$ 1.88 billion in 2021, and by the end of 2029, sales are projected to reach US$ 3.10 billion. The demand for passenger boarding bridges is being driven by the aviation industry’s rapid automation and growing emphasis on safety measures. Between 2022 and 2029, demand in the passenger boarding …
Underground Mining Equipment Market 2022-2029 Research Covers – Future Market Insights, Inc.
In a new report, Future Industry Insights (FMI) assesses current changes in the underground mining equipment market and forecasts their impact on market growth between 2022 and 2029. According to the survey, sales of underground mining equipment of US$ 15.9 billion would be recorded in 2022. However, until 2029, the market value is expected to increase at …
Commercial Refrigeration Compressor Market Was Expected To Grow At A 4.5 Percent CAGR, By 2029, – Future Market Insights, Inc.
The commercial refrigeration compressor market was estimated by Future Market Insights (FMI) to be worth US$ 8,567.6 Mn in 2022 and to grow at a CAGR of 4.3 percent to US$ 13,090.8 Mn by 2032. Over the projected period, it is expected that the use of natural and energy-efficient refrigerants will continue to rise. The global demand for commercial refrigeration compressors is expected to show …
ASEAN safety sensors and switches market is set to register an impressive CAGR of 10.2% between 2022 and 2028 – Future Market Insights, Inc
In 2022, the ASEAN region’s market for safety sensors and switches is anticipated to be worth about US$891 million. The overall market is predicted to grow at an impressive CAGR of 10.2% between 2022 and 2028, reaching a valuation of US$ 1.59 Bn by 2028, as safety sensors and switches are increasingly being adopted to reduce individual and institutional damage. Demand …
Demand For Carbide Tools In Europe Is Expected To Hold 37.5% Of The Global Market Share In 2022 – Future Market Insights, Inc
In 2022, sales in the global market for carbide tools are anticipated to reach US$ 7.0 Bn. By 2029, the market size is expected to reach US$ 10.7 Bn, growing at a healthy 7.2% CAGR. The market will be driven by the durability of machine tools and tool holders made of carbide. The edges of cutting equipment can be kept …
North America Dominates Global Market For Busbars, Accounting For Nearly 24.4% Of Market Revenue – Future Market Insights, Inc
According to Future Market Insights’ most recent report, the global busbar market will grow from US$ 18,278.9 Mn in 2022 to over US$ 23,177.7 Mn by the end of 2028, registering a CAGR of 4.0%. Expanding busbar installations in commercial buildings like hotels, research facilities, hospitals, and residential structures are anticipated to boost the market’s promising future. Over one-third of the revenue …
Sales Of Dry Vacuum Pumps Will Rise Worldwide At A 6.1% CAGR – Future Market Insights, Inc
The global dry vacuum pumps market is projected to increase from a valuation of US$ 2.25 Bn in 2022 to US$ 3.22 Bn by 2028. Dry vacuum pumps are primarily used in end-use industries, including the chemical and pharmaceutical, semiconductor, and electronics industries. In response to global warming and the ongoing need to protect the environment, there is …
The North American Vibrating Screen Market Will Hold 14.1% Of The Global Market In 2022
In 2022, sales of vibrating screens are anticipated to reach US$ 1.37 billion. By 2028, the market is anticipated to grow at a healthy 7.6% CAGR and reach US$ 2.3 billion in value. The market is expected to grow as more vibrating screens made of polyurethane materials are used in the processing of gold, iron ore, and coal. These items are thought …
The Demand In China Is Expected To Increase By 6.2% CAGR Between 2022 And 2028 On Value Basis – Future Market Insights, Inc
According to Future Market Insights (FMI) the Global Emulsion Explosive Market is to grow with a year-on-year growth of 5.1% in 2022 reaching a value of about US$ 2,634.3 Mn by 2022 end. Witnessing moderate expansion of more than 4% in consumption volume, the emulsion explosive market is slated for a steady growth outlook over the forecast period of 2022-2028. Water-resistant capabilities of …