By 2023, the global silage inoculants and enzymes industry is projected to reach US$ 547.6 million. By 2033, its valuation is expected to soar to around US$ 895.0 million. The silage inoculants and enzymes market is anticipated to have a CAGR of 5.0% from 2023 to 2033. It will likely generate a total financial potential worth US$ 347.4 million in the same time frame. …
Monthly Archives: April 2024
Plant Asset Management Market Aims for US$ 21.4 Billion by 2033, with 11.7% CAGR
The plant asset management market is poised for remarkable growth, with a projected value surpassing US$ 21.4 billion by the year 2033, propelled by an impressive CAGR of 11.7%. This forecast underscores the increasing significance of efficient management and optimization of industrial plant assets. The market’s robust growth is attributed to the rising adoption of advanced technologies, such as predictive …
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Selective Laser Sintering Equipment Market Surges to US$ 4.2 billion by 2033
Selective Laser Sintering (SLS) equipment is a cornerstone technology in the 3D printing industry, enabling the creation of complex and functional prototypes and end-use parts. The selective laser sintering (SLS) equipment market is experiencing significant growth, driven by several key factors: Current Scenario: A Thriving Landscape Market Growth: Industry analysts predict the Selective Laser Sintering Equipment …
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Space Management Solutions Market Set to Surpass US$ 1.89 Billion by 2032, With 7.8% CAGR
The global space management solutions market is expected to grow at a 7.8% CAGR from 2022 to 2032. The space management solutions market is expected to reach a valuation of around US$ 1.89 billion by the end of 2032, up from a current valuation of US$ 890 million in 2022. The growing need to manage costly resources and actual extra space …
Travelport GDS Systems Market Sets Sights on US$ 1,480.3 Million by 2033 | FMI
According to Future Market Insights’ most recent research, the global travelport GDS systems market will generate US$ 921.4 million in sales by the end of 2023. The Travelport GDS systems market is expected to increase over the long run, reaching around US$ 1,480.3 million in 2033. Technology governs the present-day travel and tourism industry. Automation has a prosperous future …
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On Track for Growth: Ethno Tourism Community Based Eco Tourism Market to Hit US$ 88,003 Million by 2033 | FMI
The global ethno tourism community based eco tourism market is expected to accrue a valuation of US$ 88,003 million by 2033, scaling up from US$ 12,201 million in 2023. The target market is set to grow at an astounding CAGR of 21.8% from 2023 to 2033. This market is primarily driven by a surge in the per capita income at individual levels. The …
Congress Tourism Market, a Pivotal Sector in Global Tourism, Forecasts a Remarkable Milestone with an Anticipated US$ 2,311.5 Billion Valuation by 2033 | FMI
The global congress tourism market is anticipated to increase at a strong CAGR of 8.2% from 2023 to 2033. The target market is slated to amass a revenue of US$ 2,311.5 billion in 2033, rising from a calculated US$ 1,055.3 billion in 2023. Historically, the congress market witnessed a steady growth rate and reached US$ 918.9 billion in 2022. Factors such as the growing number …
China Culinary Tourism Market: Navigating the US$ 24.65 Billion Gastronomic Landscape by 2033 | FMI
The China culinary tourism market was appreciated at US$ 5.4 billion in 2022, and it is expected that it will expand at a CAGR of 14.8% to reach US$ 24.65 billion by 2033. The growing popularity of these China culinary tourist markets among travelers and food bloggers may be contributing to the growth of the tourism industry. The value of …
Cultural Tourism Market: Forecasting a US$ 22,772.0 Million Surge by 2033 | FMI
As per Future Market Insights, the global cultural tourism market is set to surpass US$ 5,931.2 million in 2023. Over the next ten years, sales in the market will rise at 14.4% CAGR. This will take the global cultural tourism market size to US$ 22,772.0 million by 2033. The growing interest in exploring different cultures is driving the global market forward. Besides …
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Rural Tourism Market Soars: Projections Reveal 6.8% CAGR Growth to US$ 198.3 Billion by 2033 | FMI
According to a recent report by Future Market Insights (FMI), the rural tourism market is anticipated to surpass a valuation of US$ 102.7 billion by 2023. Sales are expected to grow at a strong 6.8% CAGR, putting the company’s market value at US$ 198.3 billion in 2033. Activities conducted in locations with lower population densities are essentially referred to as rural tourism. …