Cathodic Protection Industry is projected to reach a valuation of US$ 7.3 Bn by the end of 2028: FMI Study
According to a recent study of Future Market Insights (FMI), the cathodic protection market will witness a robust expansion at nearly 5.6% CAGR through 2028. According to the National Association of Corrosion Engineers’ (NACE) ‘International Measures of Prevention, Application and Economics of Corrosion Technology (IMPACT)’ study, the global cost of corrosion was over US$ 2,500 Bn in 2013.
Precision Gearbox Machinery Market to Reach a Valuation of US$ 6.69 Bn, Fostered by Technological Advancement in Manufacturing Sector
The global precision gearbox machinery system industry is poised to increase at a steady CAGR of 5.8%, reaching US$ 8.95 Bn by 2032 from US$ 5 Bn in 2021.
Middle East Conveyor Belts Market Revenue to Reach US$ 242.7 Mn by 2026
Future Market Insights (FMI) delivers key insights on the Middle East Conveyor Belts in its latest report titled, ‘Conveyor Belts Market: Middle East Industry Analysis and Opportunity Assessment, 2016-2026’. Middle East conveyor belts market is projected to register a healthy CAGR of 4.3% in terms of value during the forecast period (2016–2026). This is attributed to various factors, regarding which FMI offers detailed insights in its report.
Refrigeration and Air Conditioning Compressors Market will increase the sales at a CAGR of 2.7%, reaching a valuation of US$ 41.2 Bn by 2029.
[328 Pages Report] Registering year-on-year (YoY) growth rate of 2.6%, the global refrigeration and air conditioning compressors market is expected to surpass US$ 34.2 Bn in 2022. Rising adoption of refrigeration and air conditioning compressors for various applications will increase the sales at a CAGR of 2.7%, reaching a valuation of US$ 41.2 Bn by 2029.
Global Pharmacy Automation Systems Market: Increasing need for Quality Care and Technological Upgrades Boost the Pharmacy Automation Systems market
According to a recent market report published by Future Market Insights titled “Pharmacy Automation Systems Market – Global Industry Analysis and Opportunity Assessment, 2016–2026,” the global Pharmacy Automation Systems market was valued at US$ 3,344.7 Mn in 2016, and is expected to register a CAGR of 6.2% from 2016 to 2026.
High Meat Consumption and Adoption of Automation Underscore Emerging Trends in Poultry Keeping Machinery: FMI
The newest market research study by Future Market Insights on poultry keeping machinery finds that the market was valued nearly at US$ 4.5 Bn in 2018, and is projected to grow by ~3% CAGR during the forecast period of 2019-2029. The study mainly attributes the rise in consumption of poultry meat for the positive growth prospects of the poultry keeping machinery market. The poultry keeping machinery market has a high potential to grow in regions such as Latin America, Asia Pacific excluding Japan and North America, according to the study.
Global Telescopic Masts Market Value to Grow by Almost $603 Mn During 2022-2032
Global sales in the telescopic masts market are projected to be valued at over US$ 374.0 Mn in 2022, expanding at a 4.3% CAGR over the forecast period. According to Future Market Insights (FMI), increasing usage of telescopic masts in the military sector is driving the market. Military vehicles are equipped with small portable telescopic or pneumatic masts for effective surveillance, which is expected to augment the growth in the market.
Cable Cars And Ropeways Market 2022 | Scope of Current and Future Industry 2026
A cable car, ropeway or aerial tram can be defined as a type of aerial lift which uses one or two fixed (uniform and stationary) ropes or cables for supporting the transporting vehicles, trolleys, tram, pallets etc. and a third moving rope or cable for proper propulsion. By getting this lift, the grip of an aerial cable car or ropeways is fixed onto the rope or the cable and cannot be decoupled from it during the operating conditions. Cable car is a simple, cost effective and a powerful technology.
Industrial Catalytic Converters Market 2022 | Scope of Current and Future Industry 2027
Industrial catalytic converters are devices used to control the emission of toxic and harmful pollutants from exhaust gasses by converting them through a redox reaction. A redox reaction consists of either an oxidation reaction or a reduction reaction. As many countries have stringent norms pertaining to environmental safety, every industrial exhaust system should contain catalytic converters. Industrial catalytic converters find application in several industries, such as refinery, steel, and manufacturing, where the emission of toxic gasses is high.
Slitting Machine Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027
Slitting machine is widely used to slit paper, plastic film, and metal foils. For slitting soft material, circular or straight blades can be used. Two cylindrical rolls with matching grooves and ribs are used for hard materials such as sheet metal to cut a large roll into multiple small rolls. Slitting machine is widely used in converters. It is commonly used in those industries where material printing, coating, and lamination happens. In addition, slitting machine is cost effective and provide maximum efficiency. Furthermore, the Slitting machine is also used in the packaging industry to slit the plastic rolls into narrower rolls which are then used on the packaging machine.
Ball screw Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027
A screw can be described as an inclined plane around a cylinder made of various material. Screw is a cylinder with a head (solid top) at one end and a pointed tip (like a nail) at the other end. More importantly, it has ridges winding around it. The ridges or grooves around the shaft or cylinder is the thread. Ball screw is one of such type screw utilized for specific industrial purposes.
Steel Pipe Market 2022 Outlook, Current and Future Industry Landscape Analysis 2027
Pipes are a prominent and integral part of every human being’s everyday life, which include transporting water, oil & gas, sewage & sanitation, etc. Steel pipes are one of the types used in the pipe industry for both industrial and housing purposes. Steel pipes are categorised as carbon steel pipe, stainless steel pipes and others. These pipes are mostly used in the water supplying and sewage systems due to its durability and low cost. Carbon steel pipes are usually used in industrial processes involving extreme cold, high heat or for transporting gases, such as steam. Stainless steel has the quality to prevent from oxidation and corrosion, which makes it a widely used material nowadays. One more category that is structural steel pipes, used in the construction industry. Steel pipes are also used in numerous applications that involve the flow of fluid with a closed loop.