Documenting a year-on-year (Y-o-Y) growth rate of 4.95%, the global label printing software market is expected to hold a value of US$ 585 million in 2022, compared to US$ 557.4 million in 2021. This steady growth is driven by several key factors, including the rising popularity of sustainable practices and the integration of advanced technologies …
Monthly Archives: August 2023
Himalayan Salt Market Surging to USD 18.5 Billion by 2032: Exploring Growing Demand, Health Benefits, Culinary Applications, and Sustainable Sourcing Practices Shaping the Global Industry
The Himalayan Salt Market is witnessing steady growth, projected to achieve a value-based CAGR of 4.9% from 2022 to 2032. With an estimated size of US$ 11.4 billion in 2022, it is expected to reach a substantial valuation of USD 18.5 billion by 2032. The top three countries hold a significant 35% market share, indicating a global surge …
Powdered Beverages Market: Unveiling Key Insights into Consumption Trends, Product Innovations, Health Consciousness, and Evolving Consumer Preferences for Convenient and Flavorful Drink Options
Powdered Beverages Market is anticipated to increase at a high CAGR of ~3.5% 2022-2032, reaching a value of US$ 10 Billion by 2022. This powdered beverage research carefully examines the business practises, primary business strategies, and relative market shares of some of the major rivals in this sector. The comprehensive research includes market revenue numbers, segment-specific …
Computer Aided Engineering Market to Reach US$ 20.19 Billion by 2032, Driven by Increasing Integration of Software Solutions
The market for computer-aided engineering is anticipated to grow at a CAGR of 8.3%, reaching US$20.19 billion in 2032 from US$9.1 billion in 2022. The industry saw a year-over-year growth rate of 8.3% from 2021 to 2022, up from US$ 8.4 billion the previous year. As integrated software solutions minimise the need for several prototypes …
Automated People Mover Market Projected to Reach US$ 899.3 Million by 2033, Fueled by Efficiency and Interconnectivity
The global automated people mover market in 2022 was US$ 486.7 million and is estimated to be US$ 499.8 million in 2023. FMI opines that the automated people mover market is predicted to expand at a CAGR of 6.05% between 2023 and 2033, totaling around US$ 899.3 million by 2033. The high adaptability of automated …
Global Cross-Cloud Analytics Market Set to Reach $8.6 Bn in 2023, Eyeing $59.8 Bn by 2033
In 2018, the global cross-cloud analytics market reached a valuation of US$ 3.6 billion. Fast forward to 2022, and the demand for cross-cloud analytics witnessed an impressive year-on-year growth rate of 15.3%. Projections indicate that by 2023, the global market is set to hit US$ 8.6 billion. Looking further ahead, from 2023 to 2033, the …
ADAS Sensors Market Projected to Reach US$ 70.33 Billion by 2033 with an 8.7% CAGR
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, totalling around US$ 70.33 billion by 2033. ADAS (Advanced Driver …
Automotive Exterior Trim Parts Market projected to hit US$ 62.9 Billion by 2033, Fueled by Personalization Trend
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 …
Construction Equipment Maintenance Market to Achieve US$ 33.96 Billion by 2033 with a 4.1% CAGR | Future Market Insights, Inc.
The global Construction Equipment Maintenance And Repair Market is anticipated to grow at a CAGR of 4.1% in 2023 and reach an estimated value of US$ 22.72 billion. In 2033, the construction equipment maintenance and repair industry is expected to be worth US$ 33.96 billion. As businesses are anticipated to place a greater emphasis on research and …
North America’s Underground Mining Vehicle Market Set to Surge to US$ 8.8 Billion by 2033 with a 6% CAGR Driven by AI and Automation Advancements
The North America underground mining vehicle market is anticipated to attain a valuation of US$ 4,891.72 million in 2023 and is estimated to reach US$ 8,795.08 million by 2033, trailing a CAGR of 6% during the forecast period. Rising investment in mining and industrialization, coupled with the adoption of artificial intelligence and machine learning technologies, …