The global direct reduced iron industry is currently valued at approximately US$ 8,249.0 million and is projected to reach US$ 16,789.0 million by 2030, with a compounded annual growth rate (CAGR) of 8.2% expected between 2022 and 2030. This significant growth can be attributed to the rising demand for direct reduced iron in sectors like …
Monthly Archives: October 2023
Sonohysterography Catheters Industry is projected to grow substantially, with a 5.2% CAGR by 2033 | FMI
The sonohysterography catheters industry size is projected to be valued at US$ 13.4 million in 2023 and is expected to rise to US$ 22.2 million by 2033. The sales of sonohysterography catheters are expected to thrive at a significant CAGR of 5.2% during the forecast period. Sonohysterography is a diagnostic imaging technique used to evaluate …
Polyvinyl Chloride Industry Poised for 4.2% CAGR Growth to 2029
The global polyvinyl chloride (PVC) industry is expected to maintain a steady Compound Annual Growth Rate (CAGR) of 4.2% from 2019 to 2029. The construction industry will continue to be a prominent end-use segment, while the pharmaceutical sector is anticipated to see a growing adoption of PVC for manufacturing medical devices. Recognizing the environmental concerns …
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Steady Expansion: Calcium Acetate Industry Set to Flourish with 3% CAGR through 2029
The global calcium acetate industry is anticipated to experience steady growth during the forecast period from 2019 to 2029, with a projected Compound Annual Growth Rate (CAGR) of 3%. This growth is primarily attributed to the consistent demand for calcium acetate from diverse industries, including pharmaceuticals, food and beverages, and textiles. The major share of …
Compression Veterinary Bandages Industry is Thriving With A Projected CAGR of 3.2% Through 2033
The compression veterinary bandages industry is expected to reach US$ 117.0 million by 2023. The compression veterinary bandages industry is expected to see a CAGR of 3.2% from 2023 to 2033, with a closing value of US$ 161.1 million. Catalysts for the Compression Veterinary Bandages Industry: The need for advanced healing solutions is rising as …
IoT Processor Market: A Projected Surge to US$ 99,441.1 Million by 2033 at a 7.5% CAGR
The IoT processor market is expected to experience substantial growth, reaching an estimated value of US$ 99.44 billion by 2033, with a steady annual growth rate of 7.5%. This signifies a promising future for the technology that powers the Internet of Things, connecting various devices and enabling smart solutions in our daily lives. The Internet …
Industrial Embedded Systems Market Projected to Surpass US$ 53,390.6 Million by 2032, Driven by a 7.5% CAGR
The global industrial embedded systems market stands at US$ 25,935.1 Million in 2022 and is expected to reach US$ 53,390.6 Million by 2032 at a CAGR of 7.5% between 2022 and 2032. With several end-use verticals getting involved in adopting embedded systems, there would be nothing to look back for the industrial embedded systems market …
Visual Electrophysiology Market is set to experience a 7.0% CAGR by 2033, driven by Healthcare Facilities growth in Optical Care Centers | FMI
The visual electrophysiology market is anticipated to expand its roots at a steady CAGR of 7.0% between 2023 and 2033. The market is expected to have a market share of US$ 458.9 million by 2033 while it is likely to be valued at US$ 234.1 million in 2023. The advent of visual electrophysiological tools for …
Stone Analysis Software Industry, according to FMI, is projected to exceed US$ 74.69 Million by 2033 | FMI
The stone analysis software industry share is expected to increase to US$ 74.69 million by 2033, up from US$ 53.46 million in 2023. The demand for stone analysis software is projected to expand at a CAGR of 3.4% during the forecast period. Several factors contribute to the growth and development of the thermostatic radiator valves …
In-Building Wireless Market Projected to Reach US$ 23,450.5 Million by 2032, with a CAGR of 6.5%
The global in-building wireless market had a total value of US$ 12,550 million in 2022. It is projected to reach a value of US$ 23,450.5 million by the year 2032. This growth is anticipated to occur at a Compound Annual Growth Rate (CAGR) of 6.5% throughout the forecast period. The rising demand for in-building wireless …