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. Germany’s electric car sector is also expanding rapidly, and the German …
Monthly Archives: March 2024
Geosynthetics Industry Poised for Massive Growth: US$ 16,710.54 Million Projected by 2033
The geosynthetic industry is expected to reach US$ 15,177.60 million in 2023. The market is predicted to reach a value of US$ 16,710.54 million in 2033. Between 2023 and 2033, the market is expected to register a growth rate of 10.1%. Geosynthetics can create highly efficient barriers, reducing space requirements, and enhancing road access. As geosynthetics are increasingly used in mining operations, …
North America Takes the Lead: Invest in the Growing Crawler Excavator Market worth US$ 65.7 Billion by 2033
The crawler excavator market is expected to cross US$ 50,307.3 million in 2023 and is anticipated to attain a valuation of US$ 65.7 Billion by 2033. The crawler excavator market share is predicted to thrive at a CAGR of 2.7% from 2023 to 2033. Over the predicted research period, North American regions are expected to …
Smoke Alarm Market Anticipated to Expand at a Remarkable CAGR of 7.1% by the Year 2033
In 2023, the global smoke alarm market is anticipated to generate revenues of US$ 1,956.9 million. By 2033, demand for smoke alarms is expected to expand at a CAGR of 7.1%, reaching US$ 3,885.7 million.. In the event of false alarms, customers deactivate the alarm using IoT-enabled devices. Also, the IoT-enabled system alerts the user …
Gear Up for the Driverless Future: The Autonomous Vehicle Market zooms to US$ 70.3 Billion (CAGR 8.7%)
In 2023, the autonomous vehicles market is expected to be worth US$ 30,539.0 million. The revenue from sales of autonomous vehicles is anticipated to reach around US$ 70,331.5 million by 2033, growing at a CAGR of 8.7% between 2023 and 2033. According to Future Market Insights’ most recent study, Europe has the greatest revenue share …
United States & Canada Cat Litter Box Market Expected to Exhibit a 7.9% CAGR by 2033
According to data released by Future Market Insights (FMI), the United States & Canada cat litter box market is estimated to reach US$ 787.6 million in 2023, with sales expected to reach US$ 1,683.8 million in 2033. It is likely to exhibit a 7.9% CAGR during the forecast period from 2023 to 2033. Rapid Expansion …
Riding the Growth Wave: Opportunities in the Diesel Power Engine Market (CAGR 4.8%)
According to Future Market Insights (FMI), the size of the worldwide diesel power engine market is projected to be valued at US$ 9 billion in 2024. By 2034, it is anticipated to reach a valuation of about US$ 18.8 billion. Between 2024 and 2034, the market is anticipated to rise at a compound annual growth …
Synthetic Leather Industry Booming: Set to Reach US$ 50.01 Billion by 2033
As per Future Market Insight, the global synthetic leather industry is anticipated to attain a value of US$ 50.01 billion by 2033, demonstrating a CAGR of 6%. This substantial growth marks a notable surge from its estimated worth of US$ 29.24 billion in 2023. Increasing awareness of environmental issues and the negative impact of animal …
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Pet-calming Products Market Set to Reach a Valuation of US$ 28.83 Billion by 2033
According to the research report published by Future Market Insights, the global pet-calming products market size is projected to gain remarkable growth from 2023 to 2033. The market is projected to surpass a valuation of US$ 16.41 billion in 2023 and is likely to hit a valuation of US$ 28.83 billion by 2033. Exhibiting a …
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Global Passenger Car Seat Market Reaches US$ 50.4 Billion by year 2034
The global passenger car seat market is anticipated to reach a valuation of US$ 43.6 billion in 2024, driven by emerging markets and demographics. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 1.5% between 2024 and 2034, and reaching a total valuation of US$ 50.4 billion …
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