The computer-aided design (CAD) market is on a remarkable growth trajectory and is poised to witness exponential expansion in the coming years. Analysts predict a staggering CAGR of 6.4% for the global computer-aided design (CAD) market, propelling its value to a remarkable US$ 20,039.4 million by 2033. This projected growth is even more impressive when compared to …
Monthly Archives: August 2024
FMI Projection States Global Continuous Emission Monitoring System Market Share to Hit USD 4.22 Billion Mark in 2033, Surging Steadily at 4.5% CAGR
The global continuous emission monitoring system market was expected to secure a valuation of USD 2.72 billion in 2023 and is projected to reach USD 4.22 billion mark by 2033. The market is capturing a CAGR of 4.5% during the forecast period 2023-2033. The power generation industry is one of the prominent sectors in the global market that registering a maximum share …
FMI Analysis Predicts Global Skid Steer Loader Market Revenue to Reach USD 10.33 Billion Mark by 2033, Surging at a CAGR of 11.34%
The global skid steer loader market was valued at approximately USD 2.5 billion in 2022. This figure was projected to rise to USD 3.53 billion in 2023. According to Future Market Insights, the market is expected to grow at a robust CAGR of 11.34% from 2023 to 2033, reaching an estimated value of around USD 10.33 billion by 2033. However, several economic challenges could influence …
Global Automotive Connectivity Control Unit Market Revenue to Surpass USD 11.7 Billion Mark by 2032, Driven by 10.5% CAGR | FMI Study
As per the report published by FMI, the global automotive connectivity control unit market demand is projected to have a rapid-paced CAGR of 10.5% during the forecast period. The current valuation of the market is USD 4.32 Billion in 2022. The market value of automotive connectivity control units is anticipated to reach a high of USD 11.7 Billion …
Packaging Peanut Market to Reach USD 656.3 Million by 2034 Amid Rising Demand for Sustainable Packaging Solutions
The global packaging peanut market is set to experience moderate growth over the next decade, with an estimated market size of USD 507.7 million in 2024. According to recent research by Future Market Insights (FMI), the market is expected to reach a valuation of USD 656.3 million by 2034, expanding at a compound annual growth …
FMI Study Predicts Global Marine Life Raft Market Size to Drive Past USD 1,699.68 Million Valuation by 2034, Growing Steadily at 4.4% CAGR
The marine life raft market is anticipated to reach USD 1,105.53 Million by 2024. The market is expected to reach USD 1,699.68 Million by 2034, growing at a CAGR of 4.40%. Life rafts are a crucial part of ship and boat safety equipment. The life raft provides a means for survival and rescue in an emergency, such as when a …
Global Folding E-Scooter Market Revenue Forecasted to Exceed USD 806.3 Million by 2032, Expanding Slowly at 2.6% CAGR | FMI Analysis
The folding e-scooter market is expected to grow at a CAGR of 2.6%, increasing from USD 626.8 million in 2022 to USD 806.3 million by 2032. While the COVID-19 pandemic initially impacted the broader automotive industry, leading to a slowdown in the folding e-scooter market, strict emission regulations by government agencies, such as greenhouse gas (GHG) emission standards, are now driving market …
Global Leadership Development Program Market Share Anticipated to Reach USD 216.9 Billion by 2034, Growing at 10.3% CAGR | FMI Study
The global leadership development program market is expected to reach US$ 216.9 billion by 2034, driven by the growing availability of varied leadership and personality development programs & courses. A notable CAGR of 10.3% is predicted for the leadership development program market over the projection period of 2024 to 2034, according to Future Market Insights (FMI), an ESO-MAR accredited agency. …
Sustainable Labels Market Outlook 2024-2034: Growth Driven by Environmental Awareness and Innovation
The global sustainable labels market is poised for steady growth, with sales estimated to reach USD 1,558.3 million in 2024 and expected to climb to USD 2,374 million by 2034. This growth reflects a compound annual growth rate (CAGR) of 4.3% from 2024 to 2034. In 2023, the market generated USD 1,488.4 million in revenue, …
Global Lightning Arrester Market Valuation to Surpass USD 1627.2 Million Mark by 2034, Growing at an Average 6.4% CAGR | FMI Study
The global lightning arrester market stands poised for significant expansion, with anticipated valuation of USD 876.3 million in 2024, marking the onset of substantial growth over the next decade. Forecasts project a remarkable ascent to USD 1627.2 million by 2034, indicating a robust Compound Annual Growth Rate (CAGR) of 6.4%. Lightning arresters, often overlooked yet indispensable, assume …