The fifth wheel coupling market size is valued at USD 637.1 Million as of 2023. By 2033, the market is expected to be valued at USD 1.1 Billion and is projected to grow at a CAGR of 5.8% during the forecast period. Automobile manufacturers are laying a lot of emphasis on passenger safety. Owing to this, the manufacturers are investing huge …
Monthly Archives: May 2024
Railway Fishplate Market Set for USD 5.89 Billion Milestone by 2028 with Steady 3.4% CAGR
The railway fishplate market is on track for significant growth, projected to hit a substantial value of USD 5.89 Billion by 2028. This growth trajectory reflects a steady CAGR of 3.4% anticipated between 2022 and 2028. Railway fishplates, crucial components in railway tracks, are witnessing increased demand owing to the expansion and modernization of railway infrastructure globally. This steady rise underscores …
Valve Seat Inserts Market to Achieve USD 8,974.3 Million by 2033, with a 3.9% CAGR Increase
The valve seat inserts market is predicted to be worth USD 6,121.3 million in 2023 and rise to USD 8,974.3 Million by 2033. The global industry recorded a CAGR of 3.9% from 2018 to 2022. Sales of valve seat inserts are projected to increase significantly due to the expansion of warehouse space globally. With the high demand for forklift truck …
Motorcycle Chain Sprocket Market to Reach USD 4,386.10 Million by 2033, Growing at 6% CAGR
The global motorcycle chain sprocket market is likely to register a valuation of USD 2,449.20 million in 2023 and reach up to USD 4,386.10 Million by 2033. The global market is anticipated to secure a CAGR of 6% during the forecast period. Opportunities in the Motorcycle Chain Sprocket Market Electric Motorcycles: Manufacturers are developing electric motorcycles with the adoption of a wide range of …
Exploring the Growth Trajectory: Spain Sports Tourism Market Projected to Expand with a Robust 13.8% CAGR by 2032
As per a recent Spain sports tourism market analysis by Future Market Insights (FMI), the Spain sports tourism market size is poised to reach a valuation of USD 13809 Million in 2022. Sales of Spain sports tourism market are projected to increase at a 13.8% CAGR, with a historic CAGR of 13.4% from 2017 to 2021. Sports tourism in Spain depends not …
Exploring Thailand’s Sustainable Tourism Industry: Projected 15.8% CAGR by 2034 – Analyzing Market Demand Trends
Sustainable tourism is carving its niche in Thailand’s tourism sector, with an estimated industry value of USD 33.2 million in 2024. Projected to grow at a commendable Compound Annual Growth Rate (CAGR) of 15.8% from 2024 to 2034, the sustainable tourism industry in Thailand is expected to generate USD 143.9 million in revenue by 2034. …
Soybean Meal Market Set to Flourish, Anticipated to Reach USD 157.8 Billion by 2034
Soybean Meal Market Global soybean meal market sales are poised for substantial growth, with projections indicating a value of USD 98.6 billion in 2024, surging to USD 157.8 billion by 2034, at a CAGR of 4.8%. Future Market Insights (FMI) provides insights into the evolving landscape of the soybean meal industry, highlighting key trends and growth drivers. …
Discovering the Flavorful Journey: Philippines Culinary Tourism Market Expected to Grow at a 14.7% CAGR by 2032 – Exploring Market Drivers & Opportunities
The Philippines culinary tourism market size is anticipated to reach USD 5405 million in 2022 and to surpass USD 21,302.47 million by 2032. According to the analysis, the market for culinary tourism in the Philippines is anticipated to expand at a CAGR of 14.7% between 2022 and 2032. The Philippines culinary tourism market share is predicted to increase significantly due to its unique …
Spice Coated Casing Market Poised for Steady Growth, Predicted to Reach USD 629.5 Million by 2034
Spice Coated Casing Market The global spice coated casing market is on a trajectory of robust expansion, with forecasts indicating a value of USD 429.4 million in 2024, soaring to USD 629.5 million by 2034, exhibiting an average CAGR of 3.9%. Future Market Insights (FMI) delves into the dynamics of the spice coated casing industry, uncovering drivers, …
Collagen Gummy Market on an Upward Trajectory, Expected to Reach USD 378 Million by 2033
Collagen Gummy Market The global collagen gummy market value is poised for substantial growth, with projections indicating a valuation of US$ 247 million in 2023, set to escalate to US$ 378 million by 2033, showcasing a robust CAGR of 4.3%. Future Market Insights (FMI) presents key insights into the burgeoning collagen gummy industry, revealing trends, growth …