As per the latest market research conducted by FMI, the global Biophotonics Market is expected to record a CAGR of 11.3% from 2023 to 2033. In 2023, the market size is projected to reach a valuation of US$ 54,320.0 million. By 2033, the valuation is anticipated to reach US$ 1,58,457.0 million. Increased product releases and …
Monthly Archives: August 2023
Functional Films Market Set to Double by 2033, Projected CAGR of 7.2% from 2023
The Functional Films Market is anticipated to expand its roots at a steady CAGR of 7.2% between 2023 and 2033. The market is anticipated to cross a market share of US$ 54.29 billion by 2033, while it is likely to be valued at US$ 27.09 billion in 2023. Functional films are thin, specialized coatings or …
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Spiraling to Success: Distillation Systems Market Poised to Hit US$ 16.3 Billion by 2033
Global Distillation System Market sales are expected to reach US$ 7.6 billion in 2023. It is expected to grow at a 7.9% CAGR between 2023 and 2033. Revenues are expected to reach US$ 16.3 billion by 2033. The market was worth US$ 7 billion at the end of the historical period from 2018 to 2022. …
Global Sulfone Polymers Market Set to Soar with 5.0% CAGR Amidst Rapid Industrialization and Automotive Sector Boom
The Sulfone Polymers Market size is predicted to be worth US$ 1,343.9 million in 2023, rising to US$ 2,189.1 million by 2033. The market for sulfone polymers is expected to grow at a significant CAGR of 5.0% during the forecast period. Sulfone polymers are a class of high-performance engineering thermoplastics that have gained significant importance in …
Revving Up for a Stylish Future: Automotive Exterior Trim Parts Market Soars at a 4.0% CAGR, Envisioning a Remarkable US$ 62.9 Billion by 2033
The global automotive exterior trim parts market in 2022 was US$ 21.03 billion and is estimated to be US$ 42.5 billion in 2023. According to Future Market Insight, the automotive exterior trim parts market is estimated to expand at a CAGR of 4.0% between 2023 and 2033, totaling around US$ 62.9 billion by 2033. The …
Exploring the Surging Growth of In-Vehicle Ethernet Systems in the Evolving Automotive Industry
The In-Vehicle Ethernet System Market is expected to grow to US$ 9.4 billion in value by 2033. The Global In-Vehicle Ethernet System Market is anticipated to reach US$ 2.7 Billion in value in 2023 and is expected to grow at a CAGR of 14.6% from 2023 to 2033, according to FMI. The automotive industry has …
Accelerating Ahead: Unraveling the Lucrative Business Opportunities in the Global Two Wheeler Accessories Aftermarket
During the forecast period 2022 to 2032, the two wheeler accessories aftermarket is expected to grow at a value of 8.6% CAGR, according to Future Market Insights. By the year 2032, the global market for two wheeler accessories is expected to rise up to a market valuation of US$ 41.07 Billion. It’s difficult to imagine …
Electric Vehicle Boom Propels India Automotive Stamping Market to New Heights: Estimates a Valuation of US$ 18.86 billion by 2033
According to Future Market Insight, the India automotive stamping market is projected to reach US$ 18.86 billion by 2033, with a CAGR of 10.5%. This marks a substantial increase from the estimated value of US$ 6.94 billion in 2023. The expansion of India’s automotive industry directly translates into increased demand for automotive stamping components. As more vehicles …
Revolutionizing Road Safety: ADAS Sensors Market Surges Towards a US$ 70 Billion by 2033 | Future Market Insights
The global ADAS sensors market in 2022 was US$ 28.12 billion and is estimated to be US$ 30.53 billion in 2023. As per the Future Market Insights projection, the ADAS sensors market is anticipated to expand at a CAGR of 8.7% between 2023 and 2033, totaling around US$ 70.33 billion by 2033. ADAS (Advanced Driver …
Empowering Electric Mobility: Unveiling the Lucrative Market of Diagnostic Tools for EVs
The global diagnostic tools for EVs market is expected to rise at a sturdy growth rate of 12.8% during the forecast years as per a report by FMI. The overall market valuation of total sales of diagnostic tools for EVs in 2022 was US$ 1,437 million which is further projected to reach US$ 5,401.6 million …