The global Battery Swapping Charging Infrastructure Market is expected to surpass an impressive valuation of USD 202.07 million in 2023 and is projected to exhibit a compound annual growth rate (CAGR) of 21% from 2023 to 2033. Infrastructure for EV charging will be more and more in demand for residential and business uses. The market …
Monthly Archives: August 2023
Golf Cart Market to Surpass a Valuation of US$ 2.07 billion by year 2033 | Future Market Insights, Inc.
The golf cart market is projected to rise from US$ 1.41 billion in 2023 to US$ 2.07 billion by 2033. According to FMI, the sales of golf carts are predicted to expand at a CAGR of 3.9% during the forecast period. Various factors contribute to the expansion of the golf cart industry. One key factor …
Seamless Transportation: Conveyor Belt Market Set to Thrive with Rising Usage across Diverse Industries
The global Conveyor Belt Market is anticipated to capture a valuation of US$ 4.0 billion in 2023 and reach US$ 6.0 billion by 2033. The global market is estimated to secure a CAGR of 4.1% during the forecast period. The conveyor belt market has emerged as a critical component of various industries, providing efficient and reliable transportation of materials …
Global Automotive Oil Market Poised for a Steady 2.6% CAGR between 2023 and 2033
The Automotive Oil Market is forecast to expand at 2.6% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 53,523.0 million in 2023. Throughout the automotive industry, demand for engine vehicles with supreme level performance and excellent fuel efficiency is increasing. As a consequence, manufacturers …
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Rapidly Growing Market: Bioresorbable Polymers Demand to Reach US$ 3,937.8 Million by 2033 with a CAGR of 10.9%
Bioresorbable polymers, also known as biodegradable polymers or bioabsorbable polymers, are a class of materials that can be naturally broken down and assimilated by the body over time. These polymers have gained significant interest in various medical and biomedical applications due to their ability to provide temporary support or drug delivery mechanisms without leaving behind …
Urbanization Boom Sparks Surge in Tile Adhesives Demand: Emerging Economies Witness High Need for Residential Construction
The global Tile Adhesive Market is anticipated to attain a valuation of US$ 2.67 billion in 2023 and is expected to reach US$ 5.2 billion by 2033, exhibiting a CAGR of 6.9% during the forecast period. The rising number of commercial and residential development and renovation projects worldwide is expected to drive the demand for …
Accelerating Demand: Lubricant Additives Market Set to Witness Robust Growth Driven by Automotive and Transportation Industries
Lubricant additives are chemical compounds or substances that are added to lubricants, such as oils and greases, to enhance their performance and extend their service life. These additives are used to improve the lubricant’s ability to reduce friction, prevent wear, and protect the surfaces of machinery and equipment. They play a crucial role in ensuring …
Oxytocic Pharmaceuticals Market is anticipated to thrive at a 7.8% CAGR from 2023 to 2033, reaching US$ 242.83 million by 2033
The oxytocic pharmaceuticals market is anticipated to generate US$ 114.58 million in revenue in 2023, according to Future Market Insights (FMI). From 2023 to 2033, the oxytocic pharmaceuticals market is projected to grow at a 7.8% CAGR and reach US$ 242.83 million. Future Market Insights projects that the global market for oxytocic pharmaceuticals will remain highly fragmented …
Dialysis Equipment Market Poised for Robust Growth, Anticipated to Reach US$ 29.93 Billion by 2033, Surpassing US$ 18.73 Billion in 2023
From 2023 to 2033, sales of dialysis equipment are anticipated to increase at a CAGR of 4.8%. According to FMI, the size of the global Dialysis Equipment Market could exceed US$ 18.73 billion in 2023 and reach US$ 29.93 billion by 2033. End-stage renal diseases (ESRD) are quite common in the elderly population, and many people in …
Future Trends in Arthroscopy Devices Market: Projected Valuation of US$ 5.61 Billion in 2022, with a CAGR of 7.1% from 2022 to 2032
The arthroscopic devices market is expected to record a CAGR of 7.1% to reach a valuation of US$ 5.61 Bn by 2022. Future Market Insights (FMI) adopted a multidisciplinary approach during the pandemic-era to focus on the growth and development of the Arthroscopy Devices Market. The study features insights on the current growth dynamics and the major revenue …