The global high voltage capacitors market value is estimated to reach US$ 18.2 billion in 2023 and US$ 41.5 billion by 2033. Overall sales of high voltage capacitors are forecast to rise at 8.6% CAGR during the forecast period. Plastic is expected to remain a highly preferred dielectric material in high voltage capacitors. This is due to its several benefits and the growing …
Monthly Archives: January 2024
Global Cellular M2M Connections and Services Market Forecasts 20.4% CAGR, Surpassing US$134 Billion by 2033
The size of the global cellular M2M connections and services market is anticipated to propel at a CAGR of 20.4% from 2023 to 2033. By 2023, its value is anticipated to reach US$ 20.9 billion. By 2033, the market for cellular M2M connections and services is expected to reach a value of about US$ 134 billion. From 2023 to 2033, it …
Current Sensors Market: US$ 9.6 billion Valuation Expected by 2033 – Future Market Insights, Inc.
The global current sensors market is on a remarkable growth trajectory, with an estimated valuation of US$ 2.9 billion in 2023. Projections for the coming decade are even more impressive, with an anticipated robust Compound Annual Growth Rate (CAGR) of 12.8%. By 2033, the market is forecasted to reach an astonishing US$ 9.6 billion. Key Takeaways: The …
RTD Temperature Sensor Sales to Total US$ 1.7 billion by 2033 amid Rising Penetration of Automation | Future Market Insights, Inc.
The global RTD temperature sensors market value is expected to increase from US$ 1.2 billion in 2023 to US$ 1.7 billion by 2033. Over the forecast period, RTD temperature sensor sales are forecast to soar at 3.8% CAGR. Demand in the market is expected to remain high for analog RTD sensors during the forecast period. This is attributable to the higher accuracy …
Electric Vehicle Insulation Market: Projected to Surpass US$ 43,795.7 Million by 2033
The electric vehicle insulation market size is expected to be valued at US$ 43,795.7 Million by 2033, up from US$ 6,145.1 Million in 2023. Sales of electric vehicle insulation are projected to grow at a CAGR of 21.7% over the estimated period, according to research by Future Market Insights. Over the forecast period, market growth …
Vehicle Control Unit (VCU) Market: Projected to Grow at a CAGR of 19.3% – Expected to Reach US$ 11,102.5 Million by 2033
According to Future Market Insights, demand for vehicle control unit (VCU) market is expected to grow at a CAGR of 19.3% over the projected timeframe. The market is expected to be valued at US$ 11,102.5 million by 2033, up from US$ 1,901.1 million in 2023. Rising demand for electric vehicles, as well as the increasing …
Automotive Back-Up Camera Market: Projected to Expand at a CAGR of 4.4% by year 2033
The global automotive back-up camera market in 2022 was US$ 292.7 million and is estimated to be US$ 302.9 million in 2023. According to Future Market Insights anticipation, the automotive back-up camera market is predicted to expand at a CAGR of 4.4% between 2023 and 2033, totaling around US$ 465.8 million by 2033. Key Takeaways …
Europe Rubber Derived Unrefined Pyrolysis Oil Market Set for Robust Growth: Anticipates a 5.5% CAGR Surge in Sales by 2032
The Europe rubber derived unrefined pyrolysis oil market is estimated to be valued at around US$ 7,132.3 Th by the end of 2022, registering Y-o-Y growth of 5.1%. Sales of rubber derived unrefined pyrolysis oil are projected to increase at a healthy CAGR of 5.5% and top a valuation of US$ 12,202.5 Th by 2032. …
Rail Gangway Market Share: Reaching US$ 798.5 Million by 2033 | Future Market Insights, Inc.
The global rail gangway market share is anticipated to reach a valuation of US$ 494.9 million in 2023, driven by public private partnerships. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.9% between 2023 and 2033, and reaching a total valuation of approximately US$ 798.5 million …
Life Science Analytics Market Braces for a 10.7% CAGR Surge, Poised to Reach a US$ 68.6 Billion Industry Landscape in 2032
The global life science analytics market is anticipated to rise from US$ 24.8 billion in 2022 to US$ 68.6 billion by 2032, expanding at a compound yearly growth rate of 10.7%. The R&D and business sectors are expected to undergo a significant transformation as a result of the adoption of artificial intelligence in healthcare over the next few decades. Life science …