The Global Oligonucleotide API Industry is poised for significant expansion, driven by the rising demand for novel drug classes. According to a recent market analysis, the market, currently valued at US$2.81 billion in 2024, is expected to climb steadily at a Compound Annual Growth Rate (CAGR) of 5.60% over the next decade. This positive growth …
Monthly Archives: May 2024
Global Power Grid Market Expects USD 471 Billion Revenue Share by 2034, Witnessing a Steady Growth of 4.6% CAGR | FMI Analysis
The global power grid market size is poised for significant growth, reaching USD 300 Billion in 2024. Sales of power grids are expected to witness a robust CAGR of 4.6% from 2024 to 2034. By 2034, the demand for power grids is anticipated to reach a valuation of USD 471 Billion. Driven by advancements in renewable energy technology, the goal of reducing …
FMI Projection States Global Barrier System Market Set to Reach USD 34 billion by 2034, Riding a Steady Growth 4.3% CAGR
The barrier system market is anticipated to be valued at USD 22.2 billion by 2024. The market valuation is estimated to be USD 34 billion by 2034, projected at a CAGR of 4.3%. The barrier system market encompasses various products and solutions that provide safety, security, and control in various environments. Barrier systems are utilized across diverse sectors, including transportation, industrial, commercial, and …
Global Injectable Benzodiazepine Industry Expected to Reach US$356 Million by 2032, Driven by Growing Demand and Treatment Applications
The Global Injectable Benzodiazepine Industry is poised for steady growth over the next decade, according to a recent industry analysis. With sales projected to reach US$274 million by the end of 2022, the market is expected to climb at a Compound Annual Growth Rate (CAGR) of 2.7%. This upward trajectory is expected to propel the …
Global Power Plant Boiler Market Estimated to Reach USD 40 Billion Milestone by 2034, Driven by an Average Growth of 5.80% CAGR
The global power plant boiler market value is expected to rise from USD 22.7 Billion in 2024 to USD 40 Billion by 2034. This estimated growth is expected to be driven by a promising CAGR of 5.80% in the power plant boiler industry over the next decade. Governments around the world are investing in upgrading their present power plants. This, along with the …
Global Protective Glove Market Set to Reach USD 40.6 Billion Revenue by 2034, Driving an Average Growth of 6.7% CAGR
The global protective glove market size is poised for significant growth, reaching USD 21.2 billion in 2024. The sales of protective gloves are expected to grow at a CAGR of 6.7% from 2024 to 2034. The demand for protective gloves is anticipated to reach a valuation of USD 40.6 billion by 2034. The primary catalysts advancing the growth of the disposable glove market include the …
FMI Analysis Predicts Global Turboexpander Market Valuation to Reach USD 2 Billion Milestone in 2034, Growing Steadily at 5.4% CAGR
According to Future Market Insights’ latest industry analysis, the global turboexpanders market size is estimated to be around USD 1.2 billion in 2024. It is projected to exhibit a CAGR growth of 5.40% over the forecast period, with an estimated market size of USD 2 billion by 2034. The market for turboexpanders has been witnessing significant growth in recent years due to …
Global Guidewires Industry on Track for Steady Growth, Reaching US$5.9 Billion by 2030 Fueled by Minimally Invasive Procedures
The Global Guidewires Industry is set for a significant expansion, driven by the rising adoption of minimally invasive procedures in healthcare. According to recent market research, the market, valued at US$3.7 billion in 2022, is expected to reach an impressive US$5.9 billion by 2030. This translates to a robust Compound Annual Growth Rate (CAGR) of …
Global Industrial Power Supply Market Set to Exceed US$ 21.5 Billion Revenue Share by 2034, Driving an Impressive Growth of 10.1% CAGR
The industrial power supply market is estimated to be worth US$ 8.2 billion in 2024 and is projected to be valued at US$ 21.5 billion in 2034. Between 2024 and 2034, the industry is poised to rise at a CAGR of 10.1%. The growing integration of industrial automation and the implementation of Industry 4.0 initiatives are contributing to a heightened demand for dependable and …
Global Commercial Water Heater Market Revenue Share to Drive Past USD 16 Billion Valuation by 2034, Driving an Average 6.9% CAGR Growth
According to Future Market Insights (FMI), the commercial water heater market is estimated to be worth USD 8.2 Billion in 2024 and is projected to be valued at USD 16 Billion in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 6.9%. Economic growth and increased construction activities, particularly in commercial sectors such as hospitality, healthcare, and …