The European built-in coffee machine market will grow at a compound annual growth rate (CAGR) of 4.9% from 2023 to 2033. The market is expected to reach US$ 3,534.7 million by 2033 from US$ 2,175.2 million in 2023. The growth of the market is attributed to the surging technological improvements in kitchen appliances. Such technological advances are evolving the way of cooking, food storage, …
Monthly Archives: February 2024
Massage Guns Market is Anticipated to Reach at a US$ 1,122.7 Million by 2033 | FMI
In 2023, the global massage guns market is estimated at US$ 542.6 million, poised for substantial growth with a forecasted 7.5% compound annual growth rate (CAGR). By 2033, the market is projected to more than double its valuation, reaching US$ 1,122.7 million. Notably, the massage guns sector constitutes a noteworthy 5% – 8% share of …
Automotive Smart Antenna Market to Reach US$ 15,754.6 Million by 2033
The global automotive smart antenna market value is predicted to increase from US$ 6,643.2 million in 2023 to US$ 15,754.6 million by 2033. By 2033, global demand for automotive smart antennas is projected to surge at a CAGR of 9.1%. Automotive smart antennas are witnessing higher demand from diverse automobile sectors, and the trend is …
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Automotive Repair & Maintenance Services Market to Reach US$ 1,850 Billion by 2033 with a 7.2% CAGR
According to Future Market Insights, the global automotive repair & maintenance services market is expected to be valued at US$ 915.88 billion in 2023. From 2023 to 2033, the market is projected to rise at a CAGR of 7.2% to reach US$ 1,850 billion. The automotive repair and maintenance services market is a segment of …
Electrical Steel Market Booming at 6.5% CAGR: Poised for Significant Traction through 2033
The electrical steel market is experiencing significant growth, with an estimated value of US$ 42,135.7 million in 2023 and a projected value of US$ 44,326.7 million by 2033. This growth is attributed to a rising demand for electricity across diverse sectors such as energy, automotive, and manufacturing. With a projected compound annual growth rate …
Perfluoropolyether Market Expected to Rise at 4.3% CAGR During 2022-2029
The global perfluoropolyether market reached a value of about US$ 758.8 Million by the end of 2022, and increase at a CAGR of 4.3% during the forecast period of 2022-2029. This progress in the market is majorly propelled by the growing consumption of perfluoropolyether as lubricants for automotive, chemical and aerospace applications such as wheel …
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Polymer Modified Bitumen Market Poised to Reach US$ 18.8 Billion by 2032, Driven by Steady Growth
The global polymer modified bitumen market exhibited steady growth, reaching approximately US$ 11.7 Billion in 2021, and is anticipated to reach around US$ 12 Billion in 2022. This upward trajectory is fueled by increasing applications across diverse sectors such as road construction, roofing, piping, and paving. With a projected compound annual growth rate (CAGR) of …
Forecasting Growth: Sales Projections for Corrugated Board Industry
The global corrugated board industry is anticipated to reach US$ 143.86 billion in 2023, growing at a 6.8% CAGR between 2023 and 2033. The market is expected to reach US$ 277.75 billion by 2033. Corrugated board, also known as corrugated fiberboard or cardboard, is a versatile packaging material made from a combination of paper-based materials. It consists …
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Industrial Rubber Products: A Market with Huge Potential and Growth Opportunities
In 2023, the industrial rubber products market surged past the US$ 113.7 billion mark, exhibiting robust growth. Forecasts from FMI project further acceleration, with the market poised to reach an impressive US$ 214.7 billion by 2033. This trajectory reflects a steady compound annual growth rate (CAGR) of 6.6%, underlining the sector’s resilience and potential for …
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Concrete Fibers Market Poised for Growth Driven by Off-Site Construction Boom
The global concrete fibers market is expected to exhibit significant growth, reaching a market valuation of US$ 4.39 billion by the end of the forecast period, driven by a CAGR of 9.75%. This represents a substantial increase from its US$ 1.91 billion valuation in 2022 and is anticipated to reach US$ 2 billion by 2023. …
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