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The global sulphur hexafluoride market size is projected to amass a revenue of US$ 487.93 million by 2033 as opposed to US$ 288.37 million in 2023. The market is set to expand at a CAGR of 5.4% from 2023 to 2033. Escalating demand for electronic devices and electricity, as well as the increasing adoption of sulphur hexafluoride …
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The global sodium silicate market is set to grow at a steady CAGR of 3% during the forecast period (2019 – 2029), as projected by a new report of Future Market Insights (FMI). The growth is primarily fueled by the sodium silicate’s eco-friendly and non-toxic nature, which makes it ideal for numerous industrial applications such as detergents, …
Increasing use of transportation fuel is likely to have a direct impact on the demand for refinery catalyst, according to a recent report published by Future Market Insights (FMI). Catalytic processes are imperative for the production of transportation fuels such as gasoline, diesel, jet fuel and others from petroleum. Evolving composition of transportation fuel composition …
With a CAGR of 8.5% between 2022 and 2032, the market for electric vehicle motors is projected to grow from its current value of US$ 8.68 billion to US$ 18.09 billion by the year 2032. Due to stringent government laws regarding carbon emissions, electric vehicles are being requested more and more frequently. According to the …
Over the forecast period of 2022 to 2032, the tire pressure monitoring system market is expected to grow at a CAGR of 10.3% to reach a value of US$ 7.7 billion by 2032. Commercial trucks are heavier and more prone to tyre bursts because of poor road conditions, despite having properly inflated tyres. By warning the driver …
In 2023, the total market value for semiconductor wafers is expected to be US$ 21,313 million. By 2033, the market is expected to grow at a CAGR of 5.6% and be worth US$36,752.24 million. The semiconductor wafer, which continues to be a crucial component of many microelectronic devices, is said to be the foundation of …
The Automotive ADAS (Advanced Driver Assistance Systems) Market will be worth US$ 131 billion by year 2032. The market is estimated to expand at a CAGR of 9.6% over the course of the forecast period. In 2021, the ADAS market was estimated to be worth US$ 29 billion. Advance driver assistance systems (ADAS) can help prevent human …
The automotive body in the white market is expected to be worth US$ 61.5 Billion in 2022. The market is anticipated to surpass US$ 89.4 Billion in 2033 from US$ 63.5 Billion in 2023. The demand for the automotive body in white is predicted to grow at a 3.5% CAGR during the forecast period. The …
The market for AI-enabled testing tools is anticipated to reach US$ 426.1 million in worth in 2023 and US$ 2,030.75 million by 2033. The market is anticipated to see a CAGR of 16.9% over the forecast period, according to the FMI analysis. The market size is being driven by the rising demand for operational networks …
The market for remote desktop software is currently estimated to be worth US$ 2.31 billion in 2022 and US$ 5.9 billion in 2030; it is anticipated to grow at a strong CAGR of 12.4% between these two dates. The research attributed the market’s expansion to persistent demand in the IT and telecommunications industries, as well …
