The global Automotive Connectivity Market is projected to register at a moderate-paced CAGR of 19% over the forecast period. The automotive connectivity market is currently valued at US$ 33.42 Billion in 2023. By 2033, demand for automotive connectivity is expected to reach a high of US$ 190.29 Billion. The demand for automotive connectivity is anticipated …
Monthly Archives: August 2024
VSaaS Market 2022 Future Analysis, Demand by Regions and Opportunities with Challenges 2032
The VSaaS Market revenues was estimated at US$ 7.6 Bn in 2021 and is anticipated to grow at a CAGR of 9.6% from 2022-2032, according to a recently published Future Market Insights report. The market is expected to reach a valuation of US$ 8.5 Bn in 2022 and US$ 21.1 Bn by 2032. VSaaS is being pushed by growing user concerns about improved …
Pharmacy Refrigerators Market Set to Grow to USD 1,027 Million by 2032 at a 5.8% of CAGR
The global pharmacy refrigerators market is on a strong growth trajectory, with an estimated valuation of USD 552.3 million in 2022. The market is projected to reach approximately USD 1,027 Million by 2032, reflecting a compound annual growth rate (CAGR) of 5.8% during the forecast period. This growth is driven by the rising demand for …
Global Industrial Gearbox Market Projected to Reach USD 47.16 billion by 2033, With a 4.6% CAGR
The industrial gearbox market is predicted to be worth USD 30.08 billion in 2023, and rise to USD 47.16 billion by 2033. Demand is expected to increase at a CAGR of 4.6% during the projected period. Given that industrial gearboxes are used to control the speed and torque of production-related machinery and components, demand for these gearboxes is expected to rise as smart …
Global Industrial Motors Market to Reach US$ 917.3 Million by 2032, Projected to Grow at a CAGR of 3.5%
The global industrial motors market size is set to experience steady growth over the next several years, according to a new report by Future Market Insights. The report projects a compound annual growth rate (CAGR) of 3.5% from 2022 to 2032, driven by increased demand for industrial automation and the growing need for energy-efficient motors. The industrial …
Electric Three-Wheeler Market Poised for Remarkable Growth, Anticipates Reaching US$ 1,523.2 Million by 2033 with a Steady CAGR of 5.8%
According to Future Market Insight, the electric three-wheeler market demand is expected to reach US$ 866.8 Million in 2023 and US$ 1,523.2 Million by 2033, growing at a CAGR of 5.8% from 2023 to 2033. Electric cars are increasingly preferred as an ecologically friendly and cost-effective means of transportation over traditional vehicles powered by fossil …
Portable Chromatography Systems Market to Nearly Double by 2032, Projected to Reach USD 1452.9 Million at a 5.8% of CAGR
The global portable chromatography systems market is experiencing substantial growth, with a projected valuation of USD 779.9 Million in 2022. The market is expected to continue its upward trajectory, reaching approximately USD 1452.9 Million by 2032. This represents a compound annual growth rate (CAGR) of 5.8% throughout the forecast period from 2022 to 2032. The …
Virtual Mobile Infrastructure Market 2023 Future Analysis, Demand by Regions and Opportunities with Challenges 2033
Future Market Insights has released a market analysis report stating that the virtual mobile infrastructure market is expected to reach worldwide sales of US$ 155.7 million by 2023. Between 2023 and 2033, the market is projected to grow by 8.3%, reaching a worth of US$ 346.6 million. With a CAGR of 8.3%, services are expected to bring …
Electric Vehicle Battery Housing Market Projected to Surge to US$ 24,219.1 Million by 2033, Reflecting a Robust 31.8% CAGR
According to ESOMAR-certified Future Market Insights’ (FMI) – Over the forecast period, the global electric vehicle battery housing market is expected to grow at a rapid CAGR of 31.8%. The market is expected to reach US$ 1,531.1 Million in 2023. The market is anticipated to reach US$ 24,219.1 Million by 2033. Consumer acceptance of electric …
Automotive OEM Market Poised to Exceed US$ 52.90 Billion by 2033, Driven by Steady 4.17% CAGR Growth
According to Future Market Insights (FMI) reports, the global automotive OEM market is poised to achieve a steady compound annual growth rate (CAGR) of 4.17% throughout the forecast period. As of 2023, the market is valued at US$ 35.16 Billion. Looking ahead, projections suggest that the automotive OEM market’s value is set to soar, with …