The degaussing system market is expected to be valued at USD 647.5 Million by 2024. The market valuation is estimated to be USD 925 Million by 2034, projected at a CAGR of 3.6%. Advanced materials might be incorporated into future degaussing systems to reduce magnetic signatures. Various naval vessels could be made from these materials, which would make them more efficient and …
Monthly Archives: July 2024
FMI Analysis States Global Power Grid Market Revenue to Exceed USD 471 Billion Mark by 2034, Driven by 4.6% CAGR Growth
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 …
Global Barrier System Market Anticipated to Drive Past USD 34 Billion Mark by 2034, Growing Steadily at 4.3% CAGR | FMI Analysis
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 …
FMI Predicts Global Power Plant Boiler Market Anticipated to Reach USD 40 Billion Mark by 2034, Growing at 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 Turboexpander Market Revenue to Exceed USD 2 Billion Milestone by 2034, Driving Steady Growth of 5.4% CAGR | FMI Study
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 …
FMI Analysis States Global Industrial Power Supply Market Aims to Surpass USD 21.5 Billion by 2034, Growing at 10.1% CAGR
The industrial power supply market is estimated to be worth USD 8.2 billion in 2024 and is projected to be valued at USD 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 Industrial Rolling Ladder Market Predicted to Reach USD 353.4 Million Mark by 2034, Growing Steadily at 4.3% CAGR
The global industrial rolling ladder market is anticipated to reach a valuation of USD 221.1 million in 2024, driven by market penetration in developing regions. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 4.3% between 2024 and 2034, and reaching a total valuation of approximately USD 353.4 million …
Global Pre-Made Pouch Packaging Market to Reach USD 16,625.03 Million by 2033 | FMI
The global pre-made pouch packaging market is set for significant growth, with its value expected to rise from USD 10,808.3 million in 2023 to an impressive USD 16,625.03 million by 2033. This represents a steady CAGR of 4.4% over the forecast period, driven by increasing demand for convenient and sustainable packaging solutions. Core Concepts in …
Global Form-Fill-Seal Films Market Set to Surge: Projected to Reach USD 44,196.57 Million by 2033 | FMI
The global form-fill-seal (FFS) films market is poised for significant growth, with its value expected to rise from USD 26,875.8 million in 2023 to an impressive USD 44,196.57 million by 2033. This robust growth trajectory reflects a steady CAGR of 5.1% over the forecast period, driven by increasing demand for sustainable packaging solutions and innovations …
Décor Paper Market Poised for Strong Growth: Projected to Reach USD 8.11 Billion by 2033 | FMI
Décor Paper Market Future Market Insights (FMI) has published a detailed report projecting that the global décor paper market will grow at an average CAGR of 5.3% over the forecast period from 2023 to 2033. The market, which is anticipated to hold a revenue of US$ 4.84 billion in 2023, is expected to cross US$ 8.11 billion …