In 2023, the global pest control services market is expected to rake in revenues amounting to US$ 23.26 billion. Analysts predict that the demand for pest control services will experience a steady growth trajectory, with a Compound Annual Growth Rate (CAGR) of 6.2%, ultimately reaching US$ 42.44 billion by the year 2033. A key pest management strategy …
Monthly Archives: August 2024
Global Outlook: Modified Starch Market Expected to Hit USD 21,806.2 Million by 2034, Growing at 4.7% CAGR
The modified starch market size is poised to cross USD 13,780.3 million in 2024 and is likely to attain a valuation of USD 21,806.2 million by 2034. The modified starch market is projected to thrive at a staggering CAGR of 4.7% from 2024 to 2034. More consumers are increasingly drawn to clean-label products, favoring natural …
Electronic Power Steering Market Forecasted to Hit USD 41,893.2 Million by 2032, Growing at 5.2% CAGR | FMI Reports
The global electronic power steering (EPS) market is projected to reach USD 41,893.2 million by 2032, growing at a steady CAGR of 5.2% from 2022 to 2032. By the end of 2022, the market is anticipated to be valued at approximately USD 25,234.0 million. The increasing focus on vehicle safety, along with the rise in …
Automotive Brake System Market Forecasted to Achieve USD 29,601.1 Million by 2033, with a CAGR of 16.9% | FMI Reports
The automotive brake system market is projected to be valued at USD 6,211.0 million in 2023 and is expected to grow to USD 29,601.1 million by 2033, reflecting a robust CAGR of 16.9% over the forecast period. Automotive brake systems are crucial for vehicle safety and control, allowing drivers to slow down or stop their …
EV Charging Cable Market Projected to Reach USD 16,992.56 Million by 2034, Growing at 22.24% CAGR | FMI Reports
Following a comprehensive analysis of the electric three-wheeler industry, FMI has released a new report on the EV charging cable market. The report indicates that EV charging cable sales are projected to be valued at USD 2,281.63 million in 2024. Based on current trends, demand is expected to surge, driving the market to a valuation …
Decorative Car Accessories Market to Thrive with 5.8% CAGR, Aiming for USD 443,896.4 Million by 2033 | FMI Reports
In 2023, the global decorative car accessories market is valued at approximately USD 252,595.1 million. It is projected to grow to USD 443,896.4 million by 2033, with a CAGR of 5.8% from 2023 to 2033. Several key factors drive the growth and popularity of the decorative car accessories industry. A primary driver is the increasing …
Child Safety Seats Market Forecasted to Achieve USD 6,003.8 Million by 2033, Expanding at 7.4% CAGR | FMI Reports
The child safety seats market is on a promising trajectory, expected to reach a valuation of approximately USD 6,003.8 million by 2033, driven by a steady CAGR of 7.4%. As concerns over child safety during travel become increasingly critical, the demand for reliable and innovative child safety seats continues to rise. Parents and caregivers are …
Industry Forecast: Construction Equipment Maintenance and Repair Market to Achieve USD 33.96 Billion by 2033, with a CAGR of 4.1% | FMI Reports
The global Construction Equipment Maintenance and Repair Market is projected to grow at a CAGR of 4.1% in 2023, reaching an estimated value of USD 22.72 billion. By 2033, the market is expected to expand to USD 33.96 billion. This growth is driven by an increased focus on research and development for the maintenance and …
Forecast: Watercraft Accessories Market to Expand at 6.1% CAGR, Reaching USD 13,137.1 Million by 2033 | FMI Reports
The watercraft accessories market is projected to experience substantial growth over the next decade, with experts forecasting a robust CAGR of 6.1% from 2023 to 2033. This growth is expected to drive the market to a significant valuation of USD 13,137.1 million by 2033. This upward trajectory reflects a rising demand for products that enhance …
Future Growth: CNG and LPG Vehicles Market to Reach USD 8.54 Billion by 2033, with a CAGR of 4.6% | FMI Reports
The CNG and LPG vehicles market is projected to grow at a steady CAGR of 4.6% from 2023 to 2033. By 2033, the market is expected to reach a valuation of USD 8.54 billion, up from USD 5.44 billion in 2023. The growth of this market is driven by the benefits of LPG and CNG …