The global protective equipment market is expected to be worth $55.6 billion in 2022. However, with a growing emphasis on improving worker safety across various industries, overall sales of personal protective equipment are expected to rise at a healthy CAGR of around 6.3 % between 2022 and 2032, totaling more than US$ 96.4 billion by 2032. PPE stands for …
Category Archives: Press Release
According To FMI, The Market For Chilled Water Storage Systems Is Expected To Grow At A 6.9% CAGR.
The global chilled water storage system market is anticipated to be valued at US$ 155.0 Million in 2022, forecast to grow at a CAGR of 6.9% to be valued at US$ 302.2 Million from 2022 to 2032. Growth is attributed to increasing demand in end-user industries such as petrochemical, oil & gas, pharmaceutical, and food & beverages. From 2016-2021 a CAGR of 2.7% was registered for the biscuit …
Screw Air End Market Is Represents Approximately 10.1% Of The Overall Air Compressor Market
The screw air end market is projected to grow year-on-year in 3.4% in 2022, reaching a valuation of about US$ 4 Bn. With automation trends gaining traction, increasing adoption of oil-free screw air compressors is one of the key trends which is expected to drive sales in the market. Between 2022 and 2032, demand is expected to increase at a 4.5% CAGR. Competitive Landscape …
Market For Lightning Arresters In North America Is Projected To Expand At A CAGR Of 5.8%
The global lightning arrester market is expected to reach US$ 782.1 Mn in 2022, at a CAGR of 6.5% to reach a valuation of US$ 1,466.7 Mn by 2032. Lightning arresters are a necessary safety precaution for any building. Increased focus on electrical equipment safety in homes as well as other applications like infrastructure, power plants, etc., will boost global lightning arrester market between …
Impact Of Ongoing Russia And Ukraine Conflict On Vertical Immersion Pumps Market
The market for vertical immersion pumps is expected to increase by 3.7% annually in 2022, reaching US$ 3,613.8 Mn by the end of the year. Industry-wide automation’s advent and IoT device adoption are primarily blamed for growth. Between 2022 and 2032, market-wide sales are projected to grow at a CAGR of 4.9%. It is especially suitable for pumping and circulating …
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Smart Waste Management Market Size To Reach US$ 5 Bn by 2032 | New Opportunities Planning By Future Market Insights
The market for smart waste management is expected to reach a value of US$ 2 billion in total sales in 2022, growing at a 20% CAGR during the assessment period. Globally expanding smart city construction is anticipated to support market expansion and drive market revenue to almost $5 billion by 2032. The overall cost of waste management, …
Anechoic Chamber Market Sales are anticipated to reach USD 2 Bn by 2032-FMI
In 2021, it is anticipated that the global anechoic chamber market will be worth USD 1.2 billion. Sales of the same are anticipated to reach USD 2 Bn between 2022 and 2032, growing at a CAGR of 21.7 percent. Another salient factor contributing to the market expansion is the increasing need for testing electronics. Moreover, the growing demand for anechoic chambers for …
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Asia Pacific Urea Strippers Market: Drivers and Challenges-FMI
Asia Pacific Urea Strippers Market is the leading region in terms of both market value and volume. The growth of the region is supported by the expanding agricultural base in Asia Pacific. Governments in the region are constantly launching projects such as the climate-smart agriculture (CSA) project that aims at developing the understanding of indigenous and …
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According To FMI, Industrial Power Monitoring Systems Market Will Generate $6,534.7 Million In Revenue By 2023
The market for industrial power monitoring systems is anticipated to grow at a CAGR of 4.2 percent from 2022 to 2032, reaching US$ 4,318.6 Million by 2022’s end. The industrial power monitoring system market is anticipated to reach a value of US$ 6,534.7 Million by the end of the aforementioned forecast period. The growth is attributed to a mounting focus on cost-cutting measures, …
North America Emerging as an Opportunistic Dust Control System Market-FMI
Presence of Leading Market Players in The Region Provide Opportunity for The Growth of the Market in The Region North America’s dust control systems market has dominated the global market in terms of market revenue. Better hygiene and the availability of sophisticated machinery have been key factors driving this regional market. North America accounts for a …
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