Increased investments in mechanical equipment will pave the way for the industrial air compressor market to expand in the coming years. According to a Future Market Insights (FMI) analysis, the industrial air compressor market is expected to be worth US$ 26.7 billion in 2021. Industrial air compressor manufacturers are concentrating on the development of digitally controlled systems, …
Category Archives: Press Release
According to FMI, Global Mini Crane Market is Anticipated To Expand at a CAGR of 6.0 percent by 2031
Mini cranes are used to lift materials in plants and factories where larger cranes are not permitted. Mini cranes are thought to be ideal for transporting materials during the construction of a home. It is their specialty to navigate courtyards and easily access cliff edges, which larger cranes cannot do. According to a study conducted by future …
Global Rockbreakers Market Is Estimated To Expand At A CAGR Of 5.9% By 2031: FMI
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. The increasing demand from in the mining sector is expected to enable growth in …
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Tritium Light Source Market to grow at 2.3% CAGR through 2031, According to FMI
According to the latest findings from Future Market Insights (FMI), an ESOMAR-certified research and consultancy firm, global tritium light source sales are expected to reach US$ 206.4 million in 2021, with a stable long-term forecast. The report estimates the global tritium light source market to grow at nearly 2.3% during 2021-2031. The report offers analysis in 20+ …
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Industrial Vacuum Evaporation Systems Will Generate A Total Of $4.16 Billion In Revenue By The Year 2030 : FMI
As industries look to leverage effective water treatment solutions, investments in industrial vacuum evaporation systems are expanding, with prominent end-users preferring thermal evaporators over other types. Consumption of industrial vacuum evaporation systems is anticipated to rise between 2022 and 2030 at a CAGR of 6.1 percent. The market for industrial vacuum evaporation systems is currently valued at US$ 2.43 …
Plastic Extrusion Machine Market Expected to have a CAGR of 4.70% and to reach an evaluation of US$ 10,754.4 million by 2032.
In 2022, it is anticipated that the market for plastic extrusion machines will be worth US$6,793.9 million. The report predicts that by 2032, sales of plastic extrusion machines will grow at a CAGR of 4.70 percent and be valued at US$10,754.4 million. Extrusion is a process used for the creation of fixed cross-sectional profiles. Materials, such as plastic or thermoplastic, are …
Industrial Water Cooling System Market Expected to Reach US$ 2,648 Million by Registering a CAGR of 4.7% : FMI
The market for industrial water cooling systems is anticipated to reach US$ 2,648 Million in 2022, growing at a CAGR of 4.7 percent over the forecast period of 2022-2032. The market is anticipated to reach US$ 1,673.1 Million in 2022. The need for water cooling systems in end user industries like the food and beverage and pharmaceutical industries is one factor …
Industrial Solar Water Heaters Market registering a CAGR of 3.7% in the forecast period 2022-2032 : FMI
The market for industrial solar water heaters is anticipated to reach a market value of US$ 1,138.9 Million by 2032, growing at a CAGR of 3.7 percent over the forecast period of 2022-2032. The market is anticipated to reach US$ 791.8 Million in 2022. The market for industrial solar water heaters is expanding as a result of rising demand from end-user …
Industrial Power Monitoring System Market is poised to be valued at US$ 6,534.7 Million: FMI
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 mounting focus on cost-cutting measures, improving …
Analysis and forecasts for Global Lamella Clarifier Market for the years 2022 to 2030: FMI
According to the report, the global market is expected to hold a value of over US$ 420 Mn in 2017, reaching a valuation in excess of US$ 620 Mn by the end of 2027. The global lamella clarifier market is expected to grow at a CAGR of 4.1% during the forecast period. The report also suggests that there is a strong focus on …