New Product Development
Harnessing the sun’s power for industrial hot water needs is no longer a futuristic vision. Industrial solar water heaters (ISHWH) are making waves in the commercial and industrial sectors, offering a sustainable and cost-effective solution for heating water at scale. Let’s explore the current landscape of the ISWH market, delve into the factors driving its …
Continue reading “Industrial Solar Water Heaters Market Rising to US$ 1,138.9 Million by 2033”
Currently valued at US$ 11.6 million in 2023, the vacation ownership market is expected to grow at a compound annual growth rate (CAGR) of 6.6% from 2023 to 2033, reaching US$ 21.9 million. The vacation ownership industry has a lot of potential for growth in the future. Vacationers are now better equipped and inclined toward booking, researching, and buying timeshares online, thus …
Future Market Insights (FMI) recently released research that projects the film tourism market will increase at a compound annual growth rate (CAGR) of 5.9% from 2023 to 2033, with a forecasted value of US$ 118.6 million by 2033. The market is anticipated to reach US$ 66.9 million in 2023. The film tourism market is forecasted to …
At a compound annual growth rate (CAGR) of 5.0% from 2023 to 2033, the adventure tourism industry in Africa is predicted to reach US$ 115.1 million in 2023 and surpass US$ 187.4 million. According to the World Tourism Organization, Africa is the region with the second-fastest growth in terms of tourism after South East Asia. Tourists that are …
According to Future Market Insights (FMI) projection, the global electric hedge trimmer market has consistently grown, reaching a commendable net worth of US$ 476.6 million by the end of 2022. According to FMI, the global market value is projected to increase even more in 2023, reaching around US$ 503.3 Million. This upward trend is projected …
Continue reading “Electric Hedge Trimmer Market Size worth US$ 867.9 million by 2033”
The land mobile radio market is poised for significant growth, with projections indicating a robust landscape reaching a value of US$ 58.0 billion by the year 2032. This growth is expected to be driven by a steady Compound Annual Growth Rate (CAGR) of 10.8% throughout the forecast period. The market for Land Mobile Radios (LMR), which are commonly used in sectors …
The GPU as a service market is forecast to expand at 40.8% CAGR over the estimated time period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 3,911.4 million in 2023 and US$ 119,643.4 million by 2033. Execution of research and development activities in the gaming sector is projected to augment market growth. In the present …
The voice assistants market is predicted to grow at a CAGR of 19% and reach US$ 4,329.0 million in 2022. By 2032, it is anticipated that the market will grow to a value of US$ 24,588 million. Switches and buttons are being replaced with voice assistants in order to increase user convenience. Voice assistants enable people to use connected appliances, voice-activated speakers …
The surrogacy tourism market is estimated to register a valuation of US$ 258.8 million in 2023 and is projected to reach US$ 468.9 million by 2033. The market is predicted to capture a CAGR of 6.1% from 2023 to 2033. Which Factors Driving the Global Market? Several factors are contributing to key growth in the global market. A few of these factors are: …
The demand for Submarine Communication Cables is expected to rise at a 5.6% CAGR throughout the forecast period. The market revenue is expected to be valued at US$ 2,897.7 Million in 2022, rising to US$ 4,975.2 Million by 2032. The size of the market for Submarine Communication Cables is projected to increase due to the increasing demand …