The global cold plates market is poised to witness phenomenal growth, clocking a stellar CAGR of 5.3% from 2023 to 2033. As per a recent report by FMI, the market’s valuation is predicted to reach US$ 374.5 million in 2023 and US$ 627.7 million by 2033. Cold plates are heavily demanded applications for various purposes such as refrigeration, …
Monthly Archives: March 2024
Hydrogen Trucks Market: Projected CAGR of 41% Signals Significant Growth Potential, Targeting US$ 119.18 Billion by 2033
According to FMI reports, the global hydrogen trucks market is expected to grow by nearly US$ 3.84 Billion by 2023. This is with a substantial and impressive CAGR of 41% expected over the forecast period, which is projected to reach over US$ 119.18 Billion by the year 2033. Each of these factors is anticipated to …
Global Zero Emission Vehicle Market Projected to Reach US$ 2.38 Trillion by 2033 with 25.4% CAGR
The global zero emission vehicle market is valued at US$ 248 billion as on 2023. The market is expected to grow at a CAGR of 25.4% during the forecast period, and is anticipated to reach a valuation of US$ 2,384.66 billion by 2033. One of the key factors that has led to an increase in …
Railway Draft Gears Market Expected to Reach US$ 3,236.1 Million by 2033, with a 4.5% CAGR
The net worth of the railway draft gears market is expected to increase from US$ 2,083.8 Million in 2023 to more than US$ 3,236.1 Million by 2033. From 2023 to 2033, the market for railway draft gears is projected to grow at a modest CAGR of 4.5%. The market is probably going to be fueled by ongoing expenditures in railroad …
Hydrogen Buses Market Set to Soar with 31% CAGR, Valued at US$ 12.6 Billion by 2033
The Hydrogen Buses Market is predicted to grow at an astronomical CAGR of 67% over the forecast period, according to research by Future Market Insights. The industry’s estimated value is expected to increase from US$ 8.45 Billion in 2023 to US$ 1426.68 Billion by 2033. The market for hydrogen buses is primarily being boosted by …
Railway Generator Market Set to Surpass US$ 3,257.4 Million by 2033 with a Steady 5.0% CAGR
The railway generators market size is likely to thrive at an average CAGR of 5% during the forecast period. The market is anticipated to cross a market share of US$ 3,257.4 Million by 2033 while it holds a value of US$ 1,999.8 Million in 2023. Steady growth of the railway generator market is attributed to …
Polycoated Packaging Market Poised for Steady Growth: Anticipated CAGR of 6.8% from 2021-2031
As per the comprehensive analysis conducted by ESOMAR-certified consulting firm, FMI, the global Polycoated Packaging market is expected to grow at a healthy CAGR during the forecast period (2021-2031). The study’s objective is to analyze key market dynamics and uncover critical trends & opportunities that will elevate the sales Polycoated Packaging in the coming 10 …
Future Market Insights Forecasts a 4.2% CAGR in Crotonaldehyde Market, Reaching US$ 593.71 Million by 2033, Driven by Rising Demand Across Diverse Industries
The global crotonaldehyde market size is predicted to register a CAGR of 4.2% over the forecast period, as per FMI’s analysis. The industry’s size is anticipated to increase from US$ 393.46 million in 2023 to US$ 593.71 million by 2033 end. The demand for crotonaldehyde is projected to scale at a decent pace in the assessment period, thus invigorating …
Pesticide Packaging Market Set to Surge: Valued at US$4.4 Billion in 2023, Projected to Reach US$7.4 Billion by 2033
The market for pesticide packaging is expected to grow at a compound annual growth rate (CAGR) of 5.3%, with a current valuation of US$4.4 billion in 2023. Packaging innovation is expected to boost the industry to US$ 7.4 billion by 2033. Additional elements bolstering the market expansion are: The growing pesticide industry has several criteria …
Sustainable Packaging Solutions Set to Thrive: Plant-Based Packaging Market Poised for Robust Growth
In 2021, the global market for plant-based packaging is anticipated to expand by 6.7%. Nonetheless, from 2021 to 2031, the 10-year compound annual growth rate (CAGR) stays positive. Plant-based packaging is becoming more and more popular in a variety of applications because to its minimal environmental impact, growing focus on sustainability, government emphasis on effective …