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Showing posts from July, 2022

World Industrial Safety Footwear Market Share by 2032: Upcoming Trends and Analysis

  According to an analysis by Future Market Insights (FMI), the   industrial safety footwear market   is expected to be valued at US$ 18.99 Mn in 2032, with a 6.3% CAGR during the forecast period. Rapid industrialization, along with expanding end-user sectors such as construction, mining, food, pharmaceuticals, and oil and gas, as well as rising government measures to improve worker safety, will propel the industrial safety footwear market forward. Furthermore, exceptional training programmes in conjunction with new stringent safety regulations will improve the safety equipment device over the projection period. There is a slight chance that low-quality products will be prevalent, which will indirectly increase workplace dangers due to poor product quality. Key Takeaways: With a market size of over USD 8.50 billion and a CAGR of over 6.5% over the forecast period, the leather industrial safety footwear market is expected to hold the largest share in 2020. In 2027, the construction indu

Hazardous Area Equipment Market Set for a Massive Hit in and Post 2022, with Corona Virus Outbreak Projected to Threaten Global Market

  The global   hazardous area equipment market   was valued at US$ 8.84 billion in 2021 and is expected to reach US$ 15.43 billion by 2032, growing at a CAGR of 5.2% from 2022 to 2032. The hazardous area equipment market is being driven by the growing demand for equipment in several industries. Factors such as the growing importance of emerging economies result in the rise of a variety of industries that rely heavily on hazardous area equipment, which frequently drives the global hazardous area equipment market. A fundamental reason limiting the proliferation of hazardous area technology is the fact that wireless hazardous area equipment acts as a source of ignition in hazardous areas. Manufacturing hazardous area equipment that can operate in large areas and overcome noise is another significant challenge for the industry. According to the hazardous area equipment market report, as a result, the global hazardous area equipment market’s leading players have implemented various tactics

Portable Metal Detectors Market| One the Most Booming Industry in Upcoming Years Due to Global Demand in Industry by 2032

  The   portable metal detectors market   is anticipated to rise to US$ 1210 million in 2022 and likely to reach US$ 2667 million by 2032, with a CAGR of 8.3% during the forecast period from 2022 to 2032. Security wands, handheld, battery-powered, lightweight devices designed to detect concealed objects, are becoming increasingly popular. Portable metal detectors market trends are driving market growth, such as detecting hidden metal within objects or metal buried underground. The use of these tools by traffic cops, MIA subdivisions, customs, and surrounding security installations is expected to boost portable metal detector statistics. The demand for portable metal detectors devices is increasing because they provide security professionals and law enforcement personnel with a low-cost and efficient way of screening people seeking entry into a variety of locations, including government buildings, airports, military installations, prisons, sporting events, concert venues, and others. Th

Industrial Temperature Controller Market 2022 Outlook, Current and Future Industry Landscape Analysis 2030

  Increasing demand from industries such as food and beverages, the chemical industry, oil & gas sector, and others is expected to drive the   industrial temperature controllers market , finds Future Market Insights (FMI) in a new study. The inclusion of communication features to control devices remotely and the reduced size of equipment have been enabling the market to gain momentum. This trend will continue as market players focus on advancements in the communication process of devices to enable connection with a computer. This will in turn give access to data required for product optimization. In the last couple of years, implementation of industrial temperature control has undergone several stages of evolution starting from indigenous mechanical to microprocessor based systems. With digital implementation of industrial temperature controllers gaining momentum, growth registered by the market is poised to surge in the coming years. Key Takeaways from Industrial Temperature Contr

Drum Pump Market 2022 Outlook, Current and Future Industry Landscape Analysis 2032

  The global   drum pump market   is anticipated to be valued at US$ 503.6 Million in 2022. During the forecast period ranging from 2022–2032, sales of Drum Pumps are expected to grow at a CAGR of 6.2%, to be valued at US$ 921.0 Million. During the historical period 2016–2021, Drum Pumps demand inclined at a 5.7% value CAGR. Industrialization is increasing in developed and developing country due to industrialization demand of the oil and lubricant is growing. Oil, lubricant and such kind of liquids are stored in tanks, drums, and barrels etc. Drum pump is kind of portable, small and lightweight solution for emptying the liquids from tanks, drums, and barrels etc. Drum pump is suitable for diesel oil, gasoline, engine oil, vegetable oil, milk, hydraulic oil, acid, alcohol and some other lubricative and corrosive liquid transfer. Many industrial fluids being very heavy once they are filled into a drum and barrel. Forgetting the liquid outside the drum or barrel manufacturer use drum pump

Underwater Light Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2032, Report

  The   underwater light market   is likely to rise to US$ 306 million in 2022 and estimated to reach US$ 523 million by 2032 with a CAGR of 5.5% from 2022 to 2032. Over the next few decades, the use of underwater lighting is likely to increase as a result of various underwater activities. When it appears dark at night, it is widely used for cave dives or water dives, which is expected to increase the underwater light market share in recent years. Increased underwater sports and entertainment activities, dive search operations in defence programmes and inside sunken vessels, and examining underwater structures are some of the key factors driving demand for underwater light during the forecast period. In an emergency, divers use light signals to determine their depth. Considerations for designing an effective underwater light include the brightness of the light (expressed in Lumens) and the beam angle (expressed in degree). This is one of the most important points. Because a large area

Amorphous Metal Cores Market 2022 Development Status, Competition Analysis, Type and Application 2032

  Amorphous metal cores  are generally used in distribution transformers. In terms of end use sector, Amorphous metal cores are commonly preferred in renewable energy systems such as solar power and wind energy, as they typically operate with 20 – 40% low load conditions. The amorphous metal cores market is expected to record a CAGR of 7.5% during the forecast period 2022-2032, up from US$ 781.6 Million in the year 2022 to reach a valuation of US$ 1610.90 Million by 2032. Amorphous metal cores have been used in liquid-filled transformers for over 20 years, and now this technology is trending in dry type transformers as well. Amorphous Metal Cores Market: Dynamics The amorphous alloy in the iron core of transformer significantly reduces energy costs and helps increase electrical characteristics while reducing the level of CO 2  emissions. Power transmission equipment manufacturers today are searching for a technology that saves energy and reduces their operating cost. This has e

Commercial Induction Cooktops Market – Latest Research, Industry Analysis, Driver, Trends, Business Overview, Key Value, Demand And Forecast 2022-2032

 The global  commercial induction cooktops market  size is expected to be valued at US$ 17.5 Billion in 2032 and exhibit immense growth at a CAGR of 8.2% in the forecast period from 2022 to 2032. Increasing number of non-residential development projects across the globe is anticipated to drive the sales of commercial induction cooktops in future years. As per FMI, the global commercial induction cooktops market is likely to reach US$ 12.3 Billion in 2022. Commercial Induction Cooktops Market: Introduction Induction cooking is considered to be one of the most efficient technologies for cooking in both commercial and residential sectors. Commercial induction cooktops work on the principle of magnetic induction, in which the excitation of eddy currents is done in the presence of an oscillating magnetic field. The process is done in a ferromagnetic cookware and by the joules effect, these induced currents can generate and dissipate heat directly in the cooking vessel for cooking. As a

Spray Booth Ventilation System Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2032

 The global demand for  spray booth ventilation systems  reached a total of US$ 568 Mn in 2021 and is likely to touch a market valuation of US$ 585 Mn in 2022. Moreover, with rapid adoption of spray booth ventilation systems across industries like automotive, aerospace, construction, railways, etc. the global pray booth ventilation systems market size is projected to grow at a moderate CAGR of 3.1% during the forecast period between 2022 and 2032, totaling around US$ 800 Mn by 2032. Furthermore, the local exhaust ventilation system can be preferred method of control in paint shops as the lower exhaust-flow rate reduces heating costs thus making it relatively more effective than its counterparts. The spray booth ventilation system helps to prevent the accumulation of toxic or flammable vapor or gases and does not require floor space. Moreover, the maintenance of the spray booth ventilation system helps in protecting the employees/ workers and improve the quality of the work. Keeping

Regenerative Thermal Oxidizer Market: Notable Developments & Geographical Outlook

  The global   regenerative thermal oxidizer market   is estimated to exceed a valuation of 13 Bn by the end of 2032, in comparison to the US$ 9 Bn in 2021. The sales of regenerative thermal oxidizers are expected to total US$ 9.5 Bn by 2022, exhibiting growth at a CAGR of 4% to 5% during the forecast period 2022–2032. RTO destroys the existing Volatile Organic Compounds (VOCs) and Hazardous Air Pollutants (HAPs) in the exhaust stream which are produced through chemical and industrial process. Regenerative Thermal Oxidizer requires high heat about 815 °C for the cleaning of hazardous pollutants and compounds present in exhaust fumes. RTO system is slightly complicated and with more moving parts and components. In comparison with other emission control equipment regenerative thermal oxidizers are more reliable and possess high energy efficiency and low operating cost. The basic operation of regenerative thermal oxidizer is to pass hot gas stream over heat sink material in one direction