The global industrial PC market has exhibited remarkable growth, achieving a commendable valuation of US$ 5 billion in 2021. Projections for the period spanning from 2022 to 2032 forecast a robust Compound Annual Growth Rate (CAGR) of 6%, culminating in an anticipated valuation exceeding US$ 9.4 billion. This upward trajectory is primarily driven by escalating demand across …
Monthly Archives: April 2024
FMI Analysis Predicts Booming Growth in Global Digital Instrument Clusters Market, Reaching US$ 10.5 Billion by 2032, with an Outstanding 20% CAGR
The global digital instrument clusters market is experiencing an extraordinary surge, propelled by a remarkable Compound Annual Growth Rate (CAGR) of 20% forecasted from 2022 to 2032. Expected to exceed a valuation of US$ 10.5 billion by 2032, this substantial growth is driven by the burgeoning utilization of digital instrument clusters across both passenger vehicles and commercial …
ASEAN Safety Sensors and Switches Market Expects US$ 1.59 Billion Revenue by 2028, Growing with a 10.2% CAGR | FMI Analysis
The ASEAN safety sensors and switches market are poised to exceed the significant milestone of US$ 1.59 billion by 2028, propelled by a steadfast Compound Annual Growth Rate (CAGR) of 10.2% commencing from 2022 onwards. This ascent is attributed to the escalating integration of safety sensors and switches across both personal and institutional sectors within the region. …
QR Code Payment Market Surges: FMI Predicts Exponential Growth, Projecting Over US$ 55.60 Billion by 2033
According to a recent FMI research, the QR code payment Market is expected to reach US$ 11.67 billion by 2023. The usage of QR code payments is expected to exceed $55.6 billion by 2033, with a CAGR of 16.9% between 2023 and 2033. The Rise of QR Code Payments: QR code payments have gained tremendous …
FMI Study Predicts Global Air Separation Plant Market Expected to Cross US$ 10,512.26 Million by 2034, Driven by a Steady 4.90% CAGR
The air separation plant market is gearing up for substantial expansion, currently boasting an impressive valuation of US$ 6,515.40 million in 2024. With a projected Compound Annual Growth Rate (CAGR) of 4.90%, the market envisions reaching a significant US$ 10,512.26 million by 2034. This upward trajectory is strategically influenced by the escalating demand for air separation plants …
FMI Projection Reveals Global Bridge Bearings Market to Reach US$ 935 Million Valuation by 2028, Growing with a Steady 4.8% CAGR
The global bridge bearings market, valued at approximately US$ 674.33 million in 2021, was poised to achieve a milestone of US$ 705.8 million in 2022. With a dynamic upward trajectory, the market anticipates a substantial growth, projecting to surpass US$ 935 million by 2028, driven by a robust Compound Annual Growth Rate (CAGR) of 4.8% during …
Smart Thermostat Market is estimated to reach worth US$ 35.7 Billion by 2033 end, accelerating at a growth rate of 23.9% CAGR | Future Market Insights, Inc.
According to FMI, the smart thermostat market might increase from $4.18 billion in 2023 to $35.70 billion in 2033. The market is expected to develop rapidly between 2023 and 2033, with a CAGR of 23.9%. The massive rise may be ascribed to expanding customer demand for smart technology and energy-saving solutions, which is driving demand …
Dental Industry in The Asia Pacific Set Growth, Reaching US$ 18,235.6 Million by 2034 with CAGR of 5.2%
The dental industry in the Asia Pacific region is expanding significantly as a result of an increase in the demand for dental treatments. A recent analysis states that the market was valued at US$ 10,518.7 million in 2023 and is expected to grow at a promising CAGR of 5.2% to reach a whopping US$ 18,235.6 …
Menopause Treatment Market Growth at 5.6% CAGR, Reaching US$ 1,308.00 Million by 2034
The global menopause treatment market is seeing a spike in demand brought on by a greater focus on individualized healthcare solutions and a greater understanding of menopause symptoms. A recently updated analysis projects the market will reach US$ 1,308.00 million by 2034, indicating a consistent compound annual growth rate (CAGR) of 5.6% from its US$758.5 …
Global Chromatography Resin Industry is Expecting to Reach US$ 2.3 Billion by 2034 at a Thriving CAGR of 5.4% | FMI Analysis
According to a recent report by Future Market Insights (FMI), a leading market intelligence firm, the Global Chromatography Resin Industry is poised for continued expansion. The report estimates the market value to reach US$1.4 billion in 2024, with a projected rise to US$2.3 billion by 2034. This translates to a moderate Compound Annual Growth Rate …