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Over the course of the forecast period, the lead market is anticipated to expand at a CAGR of more than 5%. Due to rising lead-acid battery demand, the global market for lead has been expanding noticeably. Additionally, it is anticipated that there will be a sizable increase in worldwide demand in the upcoming years due …
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The market is expected to reach US$ 50.714 Mn by 2032, at a CAGR of 4.3%. The Heat pumps market to grow 3.6% year on year in 2022, reaching a value of approximately US$ 33,156 Mn by 2022 end. Heat pumps can effectively use clean energy for heating, so they have been widely used in China. …
The power transformer market exhibited year-on-year growth of 4% in 2021, backed by increasing efforts towards incorporating modern energy solutions in existing power system and high demand of efficient and reliable power supply. Future Market Insights (FMI) states that, power transformer market revenue grew by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with …
In terms of revenue, the global bitumen sprayer market was worth US$ 132.40 million in 2022. This market is expected to reach a market value of US$ 181.42 million by 2032, growing at a 3.2% CAGR. Demand for road construction equipment is increasing for a variety of reasons. First, the number of smart cities is increasing, followed …
The growing demand for metals across various industrial sectors is one of the leading driving factor of the global rockbreakers market. The mining sector has seen the significant growth in past few years and it is expected to persist in upcoming years. Growth is anticipated in the upcoming years due to the mining industry’s rising demand. …
The presence of multiple manufacturers in the U.S. is set to drive the market in the assessment period. As per FMI, North America carbide tools market is projected to hold about 14.7% of the share in 2022. Sales in the global carbide tools market are slated to top US$ 7.0 Bn in 2022. Expanding at a healthy 7.2% CAGR, the market size …
The global industrial battery chargers market is projected to witness growth at a CAGR of 8.5%, to create an absolute $ opportunity of more than US$ 2.25 Bn in 2022. The sales in industrial battery chargers are expected to exceed US$ 3.67 Bn by the end of 2028. U.S. industrial battery chargers market is expected to hold …
The termite bait products market is expected to surpass a valuation of US$ 2.39 Bn at a CAGR of over 5.6% through 2031. Evolving technology has helped players to diversify their product offerings and provide customized solutions to various industries. At present, awareness regarding termite bait products is inadequate, which is majorly affecting the growth of the market. However, various companies …
The global dog gates, doors, & pens market to reach US$ 4.9 Bn in 2021. The market also has been forecast to exhibit growth at 6.6% CAGR between 2021 and 2031. On the back of the aforementioned factor, demand for dog gates, doors, & pens will surge at over 6.6% CAGR during the forecast period. With increasing social media penetration, millennials are …
The motocross gears market is expected to surpass a valuation of US$ 12.5 Bn at a CAGR of over 7.5% through 2031.Expansion of automobile industry and growing popularity of off-road and motocross sports are propelling the sales of motocross gears. With rising cases of fatal accidents, helmets have become the preferred choice of riders in gears. Furthermore, stringent government rules regarding the consequences …
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