The global atomic clock market, which reached a significant milestone of USD 494.6 million in 2022, is forecasted to surpass USD 531.7 million in 2023. Looking forward to the period spanning from 2023 to 2033, the market is expected to witness a robust Compound Annual Growth Rate (CAGR) of 7.0%. This steady growth trajectory is projected …
Monthly Archives: August 2024
Global Degaussing System Market Size Forecasted to Exceed USD 925 Million Mark by 2034, Driven by 3.6% CAGR Growth | FMI Study
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 …
FMI Prediction States Global Power Grid Market Revenue Share to Exceed USD 471 Billion Mark by 2034, Growing Steadily at 4.6% CAGR
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 Valuation Anticipated to Surpass USD 34 Billion Mark by 2034, Growing Steadily at 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 …
FMI Report States Global Power Plant Boiler Market Revenue to Surge Beyond USD 40 Billion Mark by 2034, Growing Steadily 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 Size Forecasted to Exceed USD 2 Billion Mark by 2034, Growing Steadily at 5.4% CAGR | FMI Projection
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 Affirms Global Industrial Power Supply Market Size Anticipated to Exceed 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 …
Explosive Growth Projected for 3D Printing Ceramics Market: From $45.7 Million in 2023 to $1.1 Billion by 2034
The 3D printing ceramics market is predicted to increase positively, rising from US$ 45.7 million in 2023 to US$ 61.1 million in 2024. In addition, the demand for 3D printing ceramics is expected to evolve at a CAGR of 32.9% and reach a projected value of US$ 1.1 billion by 2034. The global industry for 3D printing ceramics is witnessing a significant growth …
Commercial Insurance Market to Expand at 8.40% CAGR, Reaching US$ 2,094.70 Million by 2034
The global commercial insurance market value is expected to rise from US$ 935 million in 2024 to US$ 2,094.70 million by 2034. This estimated growth is expected to be driven by a promising CAGR of 8.40% in the commercial insurance market over the next decade. Enterprises are increasingly opting for insurance policies to protect their business from …
Microsoft Dynamics Market to Surge: Projected Growth from $10.89 Billion in 2023 to $34.22 Billion by 2033
The global microsoft dynamics market value is expected to reach US$ 10,891.6 million in 2023 and US$ 34,215.8 million by 2033. Demand for Microsoft Dynamic solutions will likely expand at a robust CAGR of 12.2% throughout the forecast period. Microsoft Dynamics solutions are witnessing higher demand globally, and the trend is expected to continue through 2033. This is due to their …