The home energy management systems market is predicted to be worth US$ 2,892.4 million in 2023 and rise to US$ 104,360.3 million by 2033. The global industry was expanding at a CAGR of 6.3% from 2018 to 2022. The demand for energy-efficient appliances and smart home energy management systems has seen a significant increase. This is as customers are being more aware …
Monthly Archives: December 2023
The Size of the Border Security Technologies Market is expected to be US$ 1.0 trillion by 2032 | Future Market Insights, Inc.
In 2022, the worldwide border security technologies market is expected to be worth $ 48.0 billion. The market is expected to grow significantly between 2022 and 2032, at a staggering 35.4% CAGR. This would boost the market’s worth to an incredible US$ 1.0 trillion in 2032. While governments all across the world are attempting to protect the peace, border clashes have occurred on …
Non-Dispersive Infrared (NDIR) Market to Exceed US$ 880.0 Million by 2032 as Demand for Potable Water Burgeons Says Future Market Insights, Inc.
The non-dispersive infrared (NDIR) market size would expand at a CAGR of 8.8% from 2022 to 2032. In the following ten years, it would generate an absolute dollar opportunity of US$ 500.3 million. According to Future Market Insights, the market will reach more than US$ 880.0 million by 2032. In 2022, it was valued at US$ 379.7 …
Beer Packaging Market Reaches US$ 40.5 Billion by 2034, Propelled by Dynamic Trends in E-Commerce, Global Expansion, and Health-Conscious Labeling
The global beer packaging market is anticipated to reach a valuation of US$ 28.7 billion in 2024, driven by premium and luxury packaging. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 3.5% between 2024 and 2034 and reaching a total valuation of approximately US$ 40.5 billion by 2034. One of the major factors contributing …
Southeast Asia CMMS Market Soars to US$ 101.9 Million in 2023, Expected to Reach US$ 226.3 Million by 2033
In the year 2023, the South East Asia Computerized Maintenance Management Systems (CMMS) market achieved a remarkable valuation of US$ 101.9 million. This dynamic market is poised for substantial growth, with projections indicating it will surge to an estimated value of US$ 226.3 million by the year 2033. The expected growth represents a compelling Compound Annual Growth …
Global LED Lights Market is expected to generate a revenue of US$ 392.6 Billion at a CAGR of 16.2% by forecast period of 2033 end | Future Market Insights, Inc.
The global LED Lights market is forecast to expand at 16.2% CAGR over the estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 87,242.8 Million in 2023. LED lights market to reach US$ 392,675.9 Million by 2033. The LED lights can be effectively integrated in living environments, …
Meat Interleaving Paper Market Set to Surpass US$303.6 Million Valuation by 2034 Amidst Soaring Demand in the Global Food and Meat Processing Industry
The Global meat interleaving paper market is expected to be worth US$ 205.1 million in 2024. By 2034, the market is anticipated to be valued at US$ 303.6 million. Meat interleaving paper sales are projected to rise at a consistent CAGR of 4.0% from 2024 to 2034. The growing demand for convenient and hygienic meat packaging solutions, driven by the expanding food …
Microcontroller Unit Market Size to Grow Above US$ 70.6 Billion by 2033 Driven by Increasing Consumer Electronics and Automotive Applications | Future Market Insights, Inc.
The global microcontroller unit market is forecast to reach 30.9 billion in 2023. Worldwide microcontroller unit sales will rise at 8.6% CAGR between 2023 and 2033. By the end of 2033, the global market for microcontroller units will reach US$ 70.6 billion. Demand remains especially high for 32-bit microcontroller units worldwide. The target segment is set to expand at 8.5% CAGR between 2023 and …
Power Management System Market is projected to reach US$ 6,880.9 Million by 2033, growing at a CAGR of 6.6% from 2023 to 2033 | Future Market Insights, Inc.
Global sales of power management systems are likely to total around US$ 3,618.7 million in 2023. Over the next ten years, the global power management system market will thrive at 6.6% CAGR. Total market valuation is set to reach US$ 6,880.9 million by the end of 2033. Growth of the power management systems industry is driven by increasing need for energy conservation and rapid industrialization. …
Global Virtual Event Platforms Market Valuation to Cross US$ 36.7 billion by 2033 | Future Market Insights, Inc. Report
In the year 2018, the global virtual event platforms market value was estimated to be US$ 3,751.5 million which registered a CAGR of 14.6% until 2022. As per the FMI market survey report, the demand for virtual event platforms globally reached US$ 6783.2 million in 2022. In the present year, 2023 the global virtual event platforms market …