The global electric steel coatings industry is anticipated to be slated for a steady growth rate with a healthy CAGR of 5.5% over the forecast period from 2022 to 2032. The global market size reached around US$ 271 Million in 2021 and is likely to surpass a valuation of US$ 285 Million in 2022. The market is expected to surpass a …
Monthly Archives: April 2024
Electroplating Industry: Expected to Surpass US$ 30 Billion by 2033, Driven by Advancing Adoption at 4.1% CAGR
The electroplating industry is predicted to be valued at US$ 20 billion in 2023 and US$ 30 billion by 2033. Over the projection period, sales in the electroplating market are expected to increase at a CAGR of 4.1%. The electroplating market offers several lesser-known opportunities and trends that are worth exploring. Among the significant trends in the …
Aircraft Electrification Market to Surge 14.9% CAGR, Reaching US$ 37.2 Billion by 2034
The aircraft electrification market is expected to be valued at US$ 9.3 billion in 2024. The market is expected to progress at an astounding rate of 14.9% CAGR over the forecast period. By 2034, the value of the market is forecasted to reach US$ 37.2 Billion. With sustainability measures on the rise, companies are making concentrated efforts to minimize environmental damage by turning …
Postbiotic Supplements Market Trends: Anticipating a 10.90% CAGR by 2034
The postbiotic supplements market is estimated to be valued at US$ 10.8 million in 2024. With the rising awareness about the health benefits of products, the demand for postbiotic supplements is expected to register a CAGR of 10.9% from 2024 to 2034, reaching a valuation of US$ 30.5 million by 2034. Postbiotic supplements are formed as probiotics mature in the digestive …
Continue reading “Postbiotic Supplements Market Trends: Anticipating a 10.90% CAGR by 2034”
IoT Network Management Market Surges Towards US$ 41.5 Billion Growth with 23.3% CAGR by 2032
The IoT network management market is poised for substantial growth, with projections indicating that it will surge to an impressive US$ 41.5 Billion by 2032, driven by a remarkable CAGR of 23.3%. This robust expansion can be attributed to the ever-increasing adoption of Internet of Things (IoT) devices across various industries, necessitating efficient and effective network management solutions. As the …
Web Conferencing Market Soars with Anticipated 14.4% CAGR, Eyeing US$ 20.98 Billion by 2033
The web conferencing market is worth approximately US$ 5.44 billion in 2023, a significant increase from its value of US$ 4.83 billion in 2022. Projections suggest that this market will experience a robust compound annual growth rate (CAGR) of 14.4% from 2023 to 2033. As a result, it is expected that the valuation of the web conferencing …
Flexible Electronic Market on Track to Surpass US$ 87.2 Billion by 2033, Driven by 8.9% CAGR
The flexible electronic market is estimated to be valued at US$ 37,065.0 million in 2023. Projections suggest that the industry is set to grow significantly, with an anticipated value of US$ 87,209.3 million by 2033. With a robust and consistent CAGR of 8.9% expected between 2023 and 2033, the flexible electronics sector demonstrates promising resilience and a strong potential for continuous expansion in …
Frequency Converter Market Analysis: Industry to Reach US$ 65 billion by 2034
The frequency converter market is the backbone of a world reliant on diverse electrical grids and equipment. These workhorses transform alternating current (AC) from one frequency to another, ensuring seamless operation of machinery and devices. Let’s delve into the current market landscape, explore exciting opportunities, and envision its promising future scope. Current Scenario: Global Industrial …
Continue reading “Frequency Converter Market Analysis: Industry to Reach US$ 65 billion by 2034”
Fine Hydrate Industry: Projected to Witness Robust Development with 6.5% CAGR, Targeting US$ 802.5 Million by 2033
The fine hydrate industry is predicted to be worth US$ 428 million in 2023 and rise to US$ 802.5 million by 2033. Demand was initially expanding at a market CAGR of 7% between 2018 and 2022. The fine hydrate is expected to rise as more people use it as an alternative to titanium dioxide to create pigments. …
Field Erected Cooling Tower Market Size Rising to US$ 3.5 billion by 2034
The field erected cooling tower market is expected to reach US$ 2.1 billion by 2024. The market size is expected to reach US$ 3.5 billion by 2034, projected at a CAGR of 5.1%. Cooling towers that are constructed and erected in a field are custom-designed and constructed to meet the specific requirements of large industrial …
Continue reading “Field Erected Cooling Tower Market Size Rising to US$ 3.5 billion by 2034”