According to Future Market Insights (FMI), the global automotive DC-DC converter market is estimated to reach a valuation of US$ 21,996 million in 2023. From 2023 to 2033, global sales of automotive DC-DC converters are projected to soar at 30.1% CAGR. By 2033, total market size is forecast to reach US$ 289,542 million. The isolated …
Monthly Archives: January 2024
Automotive Battery Management System Market Expected to Soar with 25.6% CAGR by 2033
According to ESOMAR-certified Future Market Insights’ (FMI), The Automotive Battery Management System Market Size is anticipated to register a CAGR of 25.6%. It is predicted that the market for car battery management systems will grow from US$ 3.8 billion in 2023 to US$ 37.4 billion by 2033. In the near future, electric vehicles will dominate …
Hyperloop Train Market anticipated to reach US$ 45 Billion by 2033 | Future Market Insights, Inc.
The global hyperloop train market is anticipated to generate US$ 2.05 Billion in revenue in 2023 and this value is predicted to reach US$ 45 Billion by 2033, by registering a striking CAGR of 36.5% over the forecast period. Although the hyperloop is still in its inception stage, investors, technological businesses, and governments from all …
Automotive OEM Market Expected to Expand with 4.17% CAGR, Reaching US$ 52.90 Billion by 2033
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 …
Spreading Health and Taste Navigating the Growth Trajectory of the Global Spreadable Fats Market A 2023-2033 Analysis
Over the forecast period (2023 to 2033), the spreadable fats market is expected to grow at a pace of 7% compound annual growth (CAGR). Sales in the industry are expected to increase from US$ 17,637.80 million in 2023 to US$ 28,730.12 million by 2033. Solid fats that retain between 10% and 80% of their original thickness …
Electric Vehicle Battery Market Share Expected to Grow at 8.5% CAGR by 2033 | FMI
The electric vehicle battery market share is forecast to experience a growth of 8.5% CAGR over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 9,402.3 million in 2023. The increasing transition toward electric vehicles (EVs) is expected to propel accelerated battery demand in leading …
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Combatting Malnutrition Unveiling the Growth Trajectory of the Ready-to-Use Supplementary Food Market A 2022-2032 Analysis
In 2022, the Sales of ready-to-use supplemental food are projected to be worth $643,2 million in US dollars. The number of undernourished children in developing nations is increasing, as is public awareness of malnutrition and preventative measures. Other factors contributing to the market’s growth include the continued spread of RUSF products by pharmacies, hospitals, UN agencies, …
Biocides Market Poised for Average 3.4% CAGR Expansion Throughout the Forecast Period 2033
The biocides market is poised for significant growth, with an expected average Compound Annual Growth Rate (CAGR) of 3.4% throughout the forecast period. In 2023, the market already commands a substantial share of US$ 8.9 Billion, and it anticipates further expansion, eyeing a robust revenue projection of US$ 12.5 Billion by 2033. This promising trajectory …
Dairy-Free Revolution Exploring the Dynamics of the Lactose-Free Cheese Market – A Comprehensive Study 2022-2032
According to FMI, the global lactose-free cheese market size is expected to reach a valuation of US$ 676.3 Million by the end of 2022. The market is set to accelerate at a CAGR of 8.4% during 2022-2032. It is anticipated to be valued at US$ 1,515.1 Million in 2032. According to FMI, 28% of individuals globally had a …
The Waters of Growth A Deep Dive into the Future of the Fish Processing Market, Projections, and Key Strategies for 2023-2033
The fish processing market is estimated to attain a value of US$ 368,460.4 million by 2033, up from its 2023 value of US$ 213,619.7 million, showcasing a projected CAGR of 5.9% With a 5.9% predicted CAGR, the fish processing market is expected to reach US$ 368,460.4 million by 2033. The industry’s expansion is hampered, meanwhile, by worries …