The global Painkillers Market size is predicted to be worth US$ 70.0 Billion by the end of 2023, and to grow at a CAGR of 3.7% to be worth US$ 100.9 Billion by the end of 2033. According to a new analysis by Future Market Insights, opioids will lead the global market with a share of approximately …
Monthly Archives: June 2023
Precision Positioning for Efficiency: Rotary Indexer Market on an Upward Trajectory till 2032
The global rotary indexer market is expected to be worth US$ 800 million in 2022, rising at a CAGR of 3.2% from 2022 to 2032 to be worth US$ 1,096.16 million. Growth is being driven by increased demand for silicone elastomers, particularly in the automotive and construction industries. A rotary indexer is a piece of …
Revolutionizing Cooling Systems: Chilled Water Storage System Market to Witness Strong Expansion by 2032
The global chilled water storage system market is anticipated to be valued at US$ 155.0 Million in 2022, forecast to grow at a CAGR of 6.9% to be valued at US$ 302.2 Million from 2022 to 2032. Growth is attributed to increasing demand in end-user industries such as petrochemical, oil & gas, pharmaceutical, and food & beverages. From 2016-2021 a CAGR of 2.7% was registered for the biscuit …
Powering the Grid: High Voltage Switchboard Market Poised for Remarkable Growth from 2022 to 2032
The global high voltage switchboard market is anticipated to be worth US$ 2.9 billion in 2022. From 2022 to 2032, consumption is predicted to expand at a 5.2% CAGR, reaching a valuation of US$ 4.8 billion. Rising energy demand, as well as growing demand for mining, power production, and maritime applications, will drive market expansion. As the …
Illuminating Sensing Technology: Optoelectronic Transducers Market to Flourish from 2022 to 2032
The global optoelectronic transducers market is estimated to be valued US$ 3645.8 million by 2032, up from US$ 2403.5 million in 2022, at a CAGR of 4.3% over the forecast period. Optoelectronics is a fundamental technology that includes electrical devices that emit, modulate, and transmit light signals. Optoelectronic transducers detect light waves and transform them into voltage …
Optimizing Air Management: Air Flow Sensors Market Expected to Experience Steady Growth till 2032
The global air flow sensors market is anticipated to be valued US$ 2,242 billion in 2022, with a 3.4% CAGR to US$ 3,140 billion between 2022 and 2032. Aside from rising demand for petrochemical products, this industry is seeing a growth in the usage of efficient devices, and providers have implemented a wide range of innovative technologies. …
GNSS Chip Market is Projected to Hit Valuation of US$ 9.7 Billion by 2032 | Future Market Insights, Inc.
The GNSS chip market revenues were estimated at US$ 5.2 billion in 2022 and are anticipated to grow at a CAGR of 6.5% from 2022 to 2032. By the end of forecast period, 2022 to 2032, the market is expected to reach a valuation of US$ 9.7 billion. Automotive segment of the market dominates the …
Wind Power Unleashed: Direct Drive Wind Turbine Market to Soar in the Next Decade 2022 to 2032
The global direct drive wind turbine market is anticipated to be valued US$ 18.3 billion between 2022 and 2032, at a CAGR of 16.2%. It is estimated to hit US$ 14.6 billion by 2022. Direct drive wind turbine sales are predicted to increase over the evaluation period due to the pressing need to minimise noise, improve surge …
Sorting the Future: Food Sorting Machines Market Anticipated to Flourish during Forecast 2022 to 2032
The global food sorting machines market is estimated to surpass US$ 1.5 billion by 2022. During the assessment period, global demand for packaged food items is estimated to expand at a 5% CAGR, with the market attaining US$ 2 billion by 2032. As the world’s population rises and the food business confronts growing pressure to satisfy customer …
Efficient Moisture Control: Membrane Air Dryers Market to Witness Remarkable Expansion from 2022 to 2032
By the end of 2032, the global membrane air dryers market is estimated to cross US$ 1 billion. Membrane air dryer sales are estimated to approach $730 million by 2022, rising at a 6.5% CAGR between 2022 and 2032. Membrane air dryers are a type of air drying equipment that removes water vapour and other contaminants from …