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 …
Monthly Archives: July 2024
FMI States United Kingdom Photovoltaic Mounting System Market Size to Exceed USD 1,643.8 Million by 2033, Driving 8.4% CAGR Growth
The United Kingdom photovoltaic mounting system market has exhibited significant growth, achieving a valuation of USD 678.0 million in 2022. Forecasts indicate a robust compound annual growth rate (CAGR) of 8.4% from 2023 to 2033, propelling the market to reach USD 1,643.8 million by 2033. This trajectory underscores the nation’s steadfast commitment to sustainable energy solutions. Within …
Global Commercial Water Heater Market Share to Exceed USD 16 Billion Valuation by 2034, Driven by 6.9% CAGR Growth | FMI Prediction
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 …
FMI Report States Global Gate Valve Market Valuation to Surpass USD 24.3 Billion Mark by 2033, Growing Steadily at 5.0% CAGR
The global gate valve market is set for significant expansion, with projected revenues reaching USD 14.8 billion by 2023. Industry forecasts indicate a consistent Compound Annual Growth Rate (CAGR) of 5.0% from 2023 to 2033. This trajectory positions the gate valve market to achieve a noteworthy milestone of USD 24.3 billion by the end of the assessment …
Global Geiger Counter Market Valuation Projected to Surge Past USD 157.4 Million Mark by 2033, Driving 7.2% CAGR Growth | FMI Analysis
The global geiger counter market is on track for significant expansion, with a projected valuation exceeding USD 157.4 million by 2033. This growth is attributed to a robust Compound Annual Growth Rate (CAGR) of 7.2% anticipated from 2023 onwards. Geiger counters are crucial instruments for radiation detection and are witnessing steady demand across various sectors. These include …
FMI Analysis States Global Safety Valve Market Size Anticipated to Surpass USD 10.0 Billion Mark by 2033, Driven by 8.6% CAGR
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 …
Global Industrial Counter Market Revenue Share to Drive Past USD 1,560 Million by 2033, Growing Steadily at 4.1% CAGR | FMI Study
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 Analysis States Global Low Voltage Cable Market Size Predicted to Surpass USD 255 Billion Mark by 2033, Driven by 5.8% CAGR Growth
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 …
South East Asia CMMS Market: Projected Growth to $226.3 Million by 2033 with 8.3% CAGR
In the year 2023, the South East Asia Computerized Maintenance Management Systems (CMMS) market achieved a remarkable valuation of US$ 101.9 million. This dynamic market is poised for substantial growth, with projections indicating it will surge to an estimated value of US$ 226.3 million by the year 2033. The expected growth represents a compelling Compound Annual Growth …
Home Energy Management Systems Market Poised for Significant Growth: Anticipated to Reach $104.36 Billion by 2033
The global market for residential energy management systems is expected to reach $2,892.4 million in sales by 2023. Demand is expected to grow at a CAGR of 17.7%, reaching US$ 104,360.3 million by 2033. The primary drivers of this expansion are increased power demand and cutting-edge technology such as the smart grid. Market progress is …