New Product Development
The global photonics market is anticipated to reach US$ 911.5 billion in 2023 and grow at a 5.8% CAGR during the projected period, according to Future Market Insights’ most recent report. The photonics market is expected to grow to a total of US$ 1.6 trillion by the year 2033. According to the application, the displays …
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According to FMI’s estimate, over the forecast period, the global market for utility asset management market is expected to grow at a CAGR of 5.8%. Market size for the sector is projected to increase from US$ 4.9 billion in 2023 to US$ 8.61 billion by 2033’s end. The increased global energy consumption caused by the …
Between 2022 and 2030, the market for coffee filter paper is expected to expand rapidly, growing at a CAGR of 4.9% to reach US$ 877.8 Mn by that year. In the past few years, there has been a substantial increase in the demand for coffee filter paper due to the growing popularity of coffee as a daily …
Anti-money laundering (AML) technology is expected to have a market worth US$ 3.18 billion in 2023 and US$ 16.37 billion by 2033. Anti-money laundering (AML) sales are expected to increase significantly over the course of the projection period at a CAGR of 17.8%. The growth in sophisticated cyberattacks and instances of money laundering on a …
The facial pumps market size is expected to surpass US$ 9.5 Bn by 2030, likely to Grow Moderately at 6.2% CAGR during the assessment period. FMI states in its recent study on the facial pump market that the market will record an impressive CAGR through 2030, and the market’s valuation is expected to increase 1.2 times during the projected period. Demand …
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In 2023, it is predicted that the market for cold chain packaging would grow to $26.1 billion USD. It is anticipated to keep growing between 2023 and 2033 at a CAGR of 14.8%. In 2033, the market is anticipated to be worth US$103.7 billion. Cold chain packaging sales are anticipated to increase as the top 5 companies …
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According to projections, the market for shrink sleeve label applicators would be worth US$ 1.1 billion globally in 2022 and US$ 1.6 billion by 2030, growing at a CAGR of 5.0%. According to Future Market Insights’ annual market estimate, the food and beverage categories will collectively generate US$ 614 million in sales from shrink sleeve label applicators …
The market for tape dispensers may be described as developing, with a CAGR of 4.4% from 2023 to 2033 bringing the market’s total value to US$ 7,926.82 million. A few factors influencing the tape dispenser industry’s expansion include: Manufacturers are creating new tape dispensers comprised of recyclable materials in response to rising consumer demand for environmentally friendly …
The location intelligence market share’s net worth is anticipated to increase from US$ 18.85 billion in 2023 to more than US$ 81.74 billion by 2033. From 2023 to 2033, the market is anticipated to grow at a CAGR of 15.8%. Location intelligence is increasingly used in the banking, financial services, and insurance (BFSI) sector to …
The global merchant banking services market is predicted to register a CAGR of 16.8% over the forecast period, as per FMI’s analysis. The industry’s market valuation is anticipated to increase from US$ 50.53 billion in 2023 to US$ 238.77 billion by 2033 end. The merchant banking services market is projected to be led by the surging adoption …