The global low voltage cable market has witnessed remarkable growth, achieving a substantial valuation of USD 135.3 billion in 2022. This upward trajectory is set to continue, with an anticipated value of USD 144.5 billion by the end of 2023, showcasing robust year-over-year expansion. Looking ahead, the market is forecasted to experience a significant Compound Annual Growth …
Monthly Archives: July 2024
Global Industrial Counter Market Projected to Drive Past USD 1,560 Million Mark by 2033, Growing Steadily at 4.1% CAGR | FMI Analysis
The global industrial counter market is forecasted to reach an impressive valuation of USD 1560.0 million by the year 2033, fueled by a steady Compound Annual Growth Rate (CAGR) of 4.1% from 2023 onwards. With an estimated worth of approximately USD 1042.4 million in 2023, this market segment demonstrates a consistent trajectory of expansion, underpinned by its …
FMI Study Affirms Global Safety Valve Market Anticipated to Reach USD 10.0 Billion Mark by 2033, Driven by 8.6% CAGR Growth
The global safety valve market totalled USD 4.0 billion in 2022 and is set to reach USD 4.4 billion by 2023. Over the forecast period, global demand for safety valves is predicted to surge at 8.6% CAGR. By 2033, total revenue is projected to reach USD 10.0 billion. The oil and gas sector is anticipated to continue as the primary end-user of safety valves …
FMI Projects Global Tray Dispensers Market Set to Drive Past USD 3.1 Billion Valuation by 2033, Driving 6.7% CAGR Growth
The global tray dispensers market is poised to achieve a projected value of USD 1.6 billion in the current year. The driving force behind this surge is the escalating demand for customized tray dispenser solutions, surpassing market expectations. This robust trajectory is expected to persist, fueled by a forecasted Compound Annual Growth Rate (CAGR) of 6.7% from …
FMI Analysis Affirms Global Push Button Dispensers Market Revenue to Cross USD 6.3 Billion Mark by 2033, Driven by 3.5% CAGR Growth
The global push button dispenser market is anticipated to experience a period of consistent expansion, reaching a projected valuation of USD 6.3 billion by 2033. This growth trajectory is fueled by a steady Compound Annual Growth Rate (CAGR) of 3.5%, building upon a solid market base of USD 4.5 billion in 2023. Future Market Insights highlights a …
FMI Predicts Global Nugget Ice Machine Market Anticipated to Reach 133.9 Million Mark by 2033, Driven by 5.16% CAGR Growth
Future Market Insights projects a prosperous outlook for the global nugget ice machines market, was valued at USD 80.9 million in 2023. With a forecasted Compound Annual Growth Rate (CAGR) of 5.16% from 2023 to 2033, the market is poised to achieve a substantial valuation of USD 133.9 million by the end of the next decade. …
FMI Estimates Global Merchandising Carts Market Share to Surpass USD 5.8 Billion Mark by 2033, Growing Steadily at 4.1% CAGR
The global merchandising carts market is steadily ascending, with a projected value of USD 3.9 billion in 2023. This upward trend is primarily fueled by the burgeoning popularity of food trucks and street vendors, fostering a conducive environment for the thriving merchandising carts market. Looking ahead, a robust Compound Annual Growth Rate (CAGR) of 4.1% from 2023 …
Rosmarinic Acid Market to Top USD 309.6 Million by 2033, Boosted by Expanding Applications in Food and Cosmetic Industries | Future Market Insights, Inc.
According to Future Market Insights (FMI), the global rosmarinic acid market is presently valued at US$ 130.0 million in 2023. It is further poised to thrive at a CAGR of 9.1% during the forecast period 2023 to 2033. By 2033, total market size is projected to reach US$ 309.6 million. Globally, the rosmarinic acid market is expanding at a rapid pace. This …
Europe Pet Food Supplements Market Projected to Surpass USD 441.6 Million by 2033 Amid Rising Pet Humanization Trends
Europe pet food supplements market sales accelerated at a CAGR of 4.7% from 2018 to 2022. For the forecast period 2023 to 2033, the Europe market for pet food supplements is expected to progress at 5.9% CAGR. The Europe pet food supplements market size is expected to be valued at US$ 247.8 million in 2023. It is likely to cross revenues of US$ 441.6 …
Potassium Sorbate Market Set to Hit USD 112.6 Million by 2033 Amid Rising Food Sector Demand – FMI Report
According to Future Market Insights (FMI), the worldwide potassium sorbate market is valued at US$ 61.1 million in 2023 and it is anticipated to reach US$ 112.6 million by 2033. Over the forecast period 2023 to 2033, global potassium sorbate sales are likely to increase at a CAGR of 6.9%. The global potassium sorbate industry is increasing rapidly due to consumer demand for …