The weather information technology market is anticipated to reach US$ 4,772.7 million in 2022 and grow at a CAGR of 6.1% to US$ 7,216.3 million by 2029. Nearly 5% of the global market for environmental technology is made up of weather information technology. Public weather services can be improved thanks to the emergence of new communication networks …
Monthly Archives: January 2024
High Performance Lubricants Market Set for Robust Growth: Anticipated to Reach US$ 3,215.5 Million by 2033
The global high performance lubricants market is witnessing a robust surge driven by the increasing demand for efficient and durable lubrication solutions across various industries. As industries evolve and machinery becomes more advanced, the need for high-performance lubricants has become paramount to ensure optimal equipment functioning, longevity, and overall operational efficiency. According to Future Market …
Global Pelvic Floor Stimulators Industry is anticipated to attain US$ 325.41 Million by 2033, according to FMI
According to a recent report by FMI, the sector for global pelvic floor stimulators industry size is expected to generate sales of US$ 140.39 million in 2023. The market’s demand outlook is still positive, and according to FMI, it will grow at an 8.8% CAGR from 2023 to 2033, reaching US$ 325.41 million by that …
Model Based Manufacturing Technologies Market Surges Toward a Projected US$ 104.3 Billion Milestone by 2033
The global model based manufacturing technologies market is expected to be valued at approximately US$ 46.4 billion in the year 2023. This market is anticipated to grow significantly and reach a value of around US$ 104.3 billion by the year 2033. This growth is expected to occur at an annual average rate of 8.4% from 2023 to …
Mobile Application Market Momentum: Projected to Achieve Remarkable 8.6% CAGR, Anticipated to Surpass US$ 170.2 Billion by 2033
The Mobile Application Market is poised for significant growth, projected to achieve an impressive 8.6% CAGR from 2023 to 2033. By 2033, it is expected to exceed a market share of $170.2 billion, building upon its 2023 revenue of $74.3 billion. As disposable incomes increase, the propensity of consumers to invest in paid mobile applications for various …
Champagne Market Size Rise at 5% CAGR by 2033, Value to Cross US$ 11.9 Billion | Future Market Insights, Inc.
The champagne market is securing a valuation of US$ 7.3 billion in 2023 and is projected to reach US$ 11.9 billion by 2033. The market is capturing a CAGR of 5% during the forecast period. Growing Popularity of Champagne Upsurge the Global Market Consumers are fond of champagne due to its sparking unique taste and quality. The …
The Non-Alcoholic Beer Market Will Grow at the Highest Rate, Reaching US$ 21,345 million by 2032 | Future Market Insights Inc.
Increasing emergence of establishments offering mocktails or non-alcoholic cocktails in the U.S. is expected to drive sales in the market. Growing consumer preference for non-alcoholic beverages will continue boosting the demand for non-alcoholic beers over the forecast period. The non-alcoholic beer market size is projected to reach US$ 21,345 million in 2023, expanding at a CAGR of …
Higher Penetration of the Vegan Movement, along with the Health Benefits of Vegan Yogurt, is fueling Market Growth. FMI estimates a steady CAGR of 5.8% from 2023 to 2033
The vegan yogurt market is anticipated to thrive at a steady CAGR of 5.8% between 2023 and 2033. The market is anticipated to cross a valuation of US$ 11.7 billion by 2033, while it is valued at US$ 6.7 billion in 2023. The rising vegan movement all over the world is contributing to the higher …
Pet Food Ingredients Market to Exceed US$ 68.3 Billion by 2033 with Soaring Pet Ownership in Developed and Developing Nations
According to Future Market Insights (FMI), the global pet food ingredients market is set to be valued at US$ 42.2 billion in 2023. It is anticipated to reach US$ 68.3 billion by 2033. The market is expected to escalate at a CAGR of 4.9% from 2023 to 2033. Increasing pet ownership is the primary reason driving demand for pet food ingredients. Rising …
Carmine Color Market to Reach at US$ 78.7 Million by 2033 | Future Market Insights, Inc.
Due to several variables, the demand for the carmine color is anticipated to expand significantly in future years with a CAGR of 8.0% between 2023 and 2033. The market is projected to have a market share of US$ 78.7 million by 2033 while it is likely to be valued at US$ 37 million in 2023 …