The power quality equipment market is expected to be valued at US$ 38.04 Billion in 2023 and US$ 69.65 Billion by 2033. Sales of power-quality equipment are anticipated to increase at a CAGR of 6.25% during the forecast period. An increase in demand for continuous power supply to equipment used in process and manufacturing industries is a major element driving the expansion of …
Monthly Archives: February 2024
Sales Projections for Syringe Filling Machines: Meeting Market Demands
A syringe filling machine is a specialized piece of equipment used in the pharmaceutical and medical device industries to automate the filling of syringes with liquid medications, vaccines, or other fluids. These machines are designed to precisely fill syringes with accurate dosages while maintaining sterility and ensuring product quality. The syringe filling machine industry is projected to …
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Electrolyzer Evolution: North America’s Trailblazing Contribution to Market Surge, 2022 to 2032
During the projection period, it is predicted that the electrolyzer market will maintain a steady CAGR of 32.21%. By 2033, the market is expected to be worth US$ 159.74 billion, up from US$ 9.79 billion in 2023, according to FMI. The market share of electrolyzers is expected to grow due to the increased development of innovative power solutions technologies and …
Pet Toys Market is Expected to Grow at a 7.4% CAGR by 2033 | FMI
With FMI’s forecast suggesting a potential value of US$ 5.90 billion, the pet toys market is on a steady growth trajectory, expected to reach US$ 2.89 billion in 2023. Its expansion aims to leverage opportunities across various sectors, spanning from residential homes to pet hotels and daycare facilities. Anticipating a Compound Annual Growth Rate (CAGR) …
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Pet Grooming Market is Projected to Grow at a Steady CAGR of Around 9.6%, Reaching a Valuation of US$ 37462.6 Million by 2033 | Future Market Insights
The pet grooming market is anticipated to be valued at US$ 14,932.7 million by 2023, with projections indicating a potential surge to US$ 37,462.6 million by 2033, as estimated by FMI. Manufacturers stand to benefit from the increasing purchasing power of consumers, with expectations of an impressive Compound Annual Growth Rate (CAGR) of 9.6% through …
In Vitro Fertilization (IVF) Market Envisions a Prosperous US$ 1.6 Billion Landscape by 2032
The global in vitro fertilisation (IVF) market share is expected to develop at a strong 9.0% compound annual growth rate (CAGR) from 2022 to 2032, reaching around US$ 1.6 billion. The primary causes of the rising demand for these therapies are a decline in total fertility and increased public awareness of the higher success rate …
Unveiling the Growth Trajectory of Bitumen Sprayers – Insights and Forecasts by FMI for the Next Decade
The global bitumen sprayer market size is expected to grow from US$ 878.7 Million in 2022 to US$ 1,306.4 Million by 2032. Overall sales of bitumen sprayers are projected to surge at over 4.0% CAGR from 2022 to 2032. Rising investments in developing and expanding road infrastructure worldwide and growing adoption of advanced road construction machines …
Vegan Footwear Market Expanding at a Healthy 7.3% CAGR by 2033 | Future Market Insights, Inc.
As per FMI’s projections, the vegan footwear market is anticipated to double from US$ 30,072.1 million in 2023 to US$ 60,992.6 million by 2033, with a robust compound annual growth rate (CAGR) of 7.3% throughout the forecast period. This upward trajectory signifies a significant shift towards sustainable and cruelty-free fashion choices among consumers worldwide. With …
Bluetooth Hearing Aids Market is Projected to Reach US$ ~5.1 Billion by 2033, at a CAGR of ~8.8% | FMI
According to newly released data from Future Market Insights (FMI), the bluetooth hearing aids market is forecast to be worth US$2.2 billion in 2023 and is expected to be worth US$5.1 billion by 2033, growing at an 8.8% CAGR from 2023 to 2033. Continuous improvements in technology, shifting consumer needs, and advantages associated with Bluetooth hearing aids will abet the growth of the …
Interdental Cleaning Products Market is Expected to Reach at a CAGR of 4.7% by 2033 | FMI
The market for interdental cleaning products is expected to be worth US$2,886.3 million in 2023. By 2033, the market is expected to grow at a CAGR of 4.7%, hitting a valuation of US$ 4,568.8 million. Since individuals have become more aware of the importance of oral hygiene, the interdental cleaning products market has grown significantly. The demand for interdental cleaning solutions has …