New Product Development
As of 2022, the market for swivel couplers is worth US$ 331.4 million. By 2032, the market is projected to grow at a CAGR of 5.3% and reach US$ 556.3 million in value. Swivel coupler sales are expected to be driven by an increase in construction activity, an expansion of the fabrication industry market, among other factors. The use of these couplers …
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The size of the global slitting machine market, which was US$498 million in 2022, is expected to increase to US$682 million by 2032, with a CAGR of 3.2%. The industry for flexible packaging has gradually expanded as a result of the use of more environmentally friendly packaging materials. This results in fewer demands for things like efficient transportation, reducing food …
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During the forecast period of 2022–2032, the global market for combi boilers is anticipated to grow steadily at a CAGR of 5.2 percent. The market is anticipated to grow and reach a global market valuation of US$24.2 billion in 2022. The market for combi boilers is anticipated to grow to US$ 40.17 billion by 2032, taking into account the expanding demand on the …
The global water source heat pump market is estimated to garner US$ 1464 Million while exhibiting a 4.5% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure US$ 945 Million in 2022. The industry growth for water source heat pumps will be aided by …
The market for VVT actuators is anticipated to be worth US$ 2,134.3 million in 2022 and US$ 3,630 million by 2032. Demand for VVT actuators is anticipated to grow consistently over the course of the forecast period at a CAGR of 5.5 percent. VVT Actuators enable mechanisms like advancing or retarding valve timings, changing or overlapping valves, and in some applications, even …
Over the course of the forecast period, the market for spiral freezers is anticipated to expand at a CAGR of 4.6 percent and reach US$ 6,089.1 million by 2032. The market is anticipated to be worth US$3,884.2 million in 2022. A quick way to preserve food is by freezing. When the temperature falls below a certain level, the water freezes into ice crystals. …
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The surge tank market is anticipated to expand at a CAGR of 4.2 percent between 2022 and 2032. During this projection period, it is expected that the market share for surge tanks will grow, from its current valuation of US$ 1.9 billion in 2022 to a net worth of US$ 2.9 billion in 2032. A surge tank is a storage tank or …
During the forecast period, spray dryer sales are expected to increase globally at a CAGR of 4.4%. It is anticipated that market revenue will amount to US$4,984.6 million in 2022 and US$7,643.3 million by 2032. The material to be dried is atomized into tiny particles in spray dryers, where it is then dried by coming into contact with the heating medium. …
By 2032, the size of the global rubber extruder market is anticipated to be US$4,021.5 million. The market for rubber extruders is expanding quickly. The global rubber extruder market is anticipated to reach US$ 2,399.5 Million in 2022 and is expected to grow at a CAGR of 5.3 percent over the course of the forecast period, according to FMI analysts. Due to …
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The market for vision guided robots is anticipated to grow at a 7.8% CAGR over the course of the forecast period and reach US$ 27,238.3 million by 2032. The market is currently valued at US$12,810.0 million in 2022. Due to increased flexibility in specific industries and the development of new products, there is an increase in the demand for vision guided …
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