The global UV tapes market is anticipated to create lucrative growth opportunities throughout the estimation period from 2022 to 2032 by showcasing a robust CAGR of 8.6%. The market size is estimated to be valued at about US$ 512.3 Mn in 2022 and is predicted to reach US$ 1,168.9 Mn by 2032. According to the historical estimations, demand for UV tapes …
Monthly Archives: May 2023
Coated Fabrics Market Comprehensive Shares, Historical Trends and Forecast By 2031
Demand for coated fabrics waned in 2020, and due to the economic impact of the unprecedented COVID-19 crisis. However, the manufacturing industry is currently in recovery mode. Considering the possibility of a stimulus in many countries, the long-term outlook on the market remains positive. Rising application in the transportation segment will continue supporting growth. According to FMI, …
Driving the Green Revolution: Plug-in Hybrid Electric Vehicles (PHEV) Market Projected to Reach US$ 3,80,665.9 Million by 2032 at CAGR of 18.5%
The global plug-in hybrid electric vehicles (PHEV) market is anticipated to create an absolute dollar opportunity by projecting a healthy-paced CAGR of 18.5% throughout the forecast period from 2022 to 2032. In 2022, the global market was estimated to be worth US$ 69,720.5 Million. By the year 2032, it is predicted that the market for …
Energizing the Drive: Electric Utility Vehicles Market Projected to Reach US$ 38,550.2 Million by 2033 at a Rapid CAGR of 15.4%
The electric utility vehicles market is valued at US$ 9,203.8 million as on 2023. The market is expected to reach a valuation of US$ 38,550.2 million by 2033, and is expected to grow at a CAGR of 15.4% during the period 2023 to 2033. The effects of hazardous pollutants on the environment are becoming more …
Protecting Your Ride: Car Security System Market Expected to Reach US$ 33.8 Billion by 2031 at a Strong CAGR of 11.8%
The global car security system market is projected to reach a valuation of US$ 11.1 Billion in 2021. Surging demand for high passenger vehicles in the automotive industry is expected to bolster sales of car security system at 11.8% CAGR. As per Future Market Insights (FMI), the market valuation will reach US$ 33.8 Billion in 2031. By 2031, the market for automobile …
Balancing Performance: Automotive Balance Shaft Market Estimated to Reach US$ 25 Billion by 2032 at a Steady CAGR of 6%
Demand for automotive balancing shaft market is expected to expand from its 2022 valuation of US$14.03 Billion to its 2032 valuation of US$25.01 Billion, a CAGR of 6%. The need for an automotive balancing shaft has been rising, particularly in the automobile sector. The need for vehicles with engines that create less noise, harshness, and vibration, as …
Powering Vehicle Comfort: Automotive Window Regulator Market Expected to Reach US$ 21.2 Billion by 2031 at a Stable CAGR of 4.5%
During the projection period, a strong 4.5% CAGR is predicted for demand in the automotive window regulator market. In 2031, the market will be valued more than $21.2 billion, predicts Future Market Insights (FMI). The increased propensity of international manufacturers to outfit their vehicles with a variety of automated capabilities has led to many developments in vehicle …
Set-Top Box Market to Cross US$ 57.7 Billion by 2032 | Future Market Insights, Incs.
The set-top box market is predicted to achieve a valuation of approximately US$ 33.4 billion by 2022, with a steady compound annual growth rate (CAGR) of 5.6% expected between 2022 and 2032. By the conclusion of 2032, the market for set-top boxes is estimated to reach around US$ 57.7 billion, signifying substantial growth. Over the …
Programmatic Display Market will Reach a Value of US$ 720 Billion by 2032 at a CAGR of 35%
The market for programmatic display is expected to reach a value of US$ 720 billion by 2032, up from US$ 35.8 billion in 2022. The global market for programmatic displays is anticipated to grow at a CAGR of 35% between 2022 and 2032. During the projection period, market growth is anticipated to be significantly influenced …
HVDC Transmission Systems Market to be Worth US$ 17.2 Billion by 2028 | CAGR of 8.9%
The global HVDC Transmission Systems Market is anticipated to increase from a valuation of US$ 10.3 billion in 2022 to US$ 17.2 billion by 2028, growing at a CAGR of 8.9%. Nearly 15% of the global market for power transmission was represented by the HVDC transmission framework request. The around US$ 7.5 billion HVDC transmission …