From 2022 to 2029, the global Implantable Drug Eluting Device Market is anticipated to grow significantly at a 6.0% CAGR, with a market value of about US$ 12.8 Bn in 2022. According to Future Market Insights forecasts, the global market for contraceptive drug-eluting devices will account for a sizeable share of over 39.8% in 2021. Implantable …
Monthly Archives: September 2023
Global Ultrafast Lasers Market is Expected to Generate a Worth of US$ 3.8 Billion at a CAGR of 9.5% by forecast ending 2033 | Future Market Insights, Inc.
In 2023, the ultrafast lasers market is expected to be valued at US$ 1.5 billion. The market is expected to reach US$ 3.8 billion by 2033, expanding at a 9.5% CAGR during the projected period. Several significant factors drive the ultrafast lasers industry. First, the use of ultrafast lasers is being driven by the rising need for …
Golf Cart Market Set to Reach US$ 2.07 Billion by 2033 with a 3.9% CAGR, Says FMI
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 …
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EV Charger Market Set to Soar to US$ 68.9 Billion by 2033 with a Remarkable 26.6% CAGR Growth
According to ESOMAR-certified Future Market Insights’ (FMI) – By the end of the year 2033, the overall valuation of the global EV charger market is expected to be around US$ 68,967.2 million. This year, it is expected to be US$ 6,520.9 million and increase at a CAGR of 26.6% from 2023 to 2033. The net …
Cat Litter Market is Expected to Surpass US$ 9 Billion by 2033 | Report By Future Market Insights
The cat litter market is predicted to be valued at US$ 5 billion in 2023 and US$ 9 billion by 2033. Over the projection period, sales in the cat litter market are expected to increase at a CAGR of 6%. The cat litter market is continuously evolving, presenting both lucrative opportunities and emerging trends. Among the significant opportunity, lies in the …
Gaming Gadgets Market is Predicted to Grow at 8.2% CAGR Through 2032 | Future Market Insights
The Gaming Gadgets Market is predicted to be worth US$ 71.30 Billion by 2022 and US$ 156.7 Billion by 2032, according to FMI. Between 2022 and 2032, the market is estimated to increase at a compound yearly growth rate of 8.2%. Innovations in technology including graphic quality, VR, AR and processing power coupled miniaturization of devices have played key roles in the …
Automotive Radar Market: Projected to Surge at a 13.2% CAGR, Reaching US$ 18.0 Billion by 2033
The automotive radar market is anticipated to expand its roots at a steady CAGR of 13.2% between 2023 and 2033. The market is expected to have a market share of US$ 18.0 billion by 2033, while it is likely to be valued at US$ 5.2 billion in 2023 The expanding automotive industry and the dynamic …
ADAS Sensors Market: Steady Growth Forecasted with a Projected CAGR of 8.7% to Reach US$ 70.33 Billion by 2033
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 OEM Market Shows Robust Growth with a 4.17% CAGR, Set to Reach US$ 52.90 Billion by 2033: Future Market Insights (FMI) Report
According to Future Market Insights (FMI) reports, the global automotive OEM market is poised to achieve a steady compound annual growth rate (CAGR) of 4.17% throughout the forecast period. As of 2023, the market is valued at US$ 35.16 Billion. Looking ahead, projections suggest that the automotive OEM market’s value is set to soar, with …
Spinning Success: Desiccant Wheel Market on the Verge of Achieving US$ 683.2 Million by 2033 – Exclusive Revelations from FMI’s Report
The Desiccant Wheel Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Desiccant Wheel market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Desiccant Wheel. It furnishes intricate revenue and shipment segmentations, …