The global fuel cell market is anticipated to attain a valuation of USD 7.2 billion in 2023 and is expected to reach USD 35 billion by 2033, trailing a CAGR of 17.1% during the forecast period. Fuel cell systems are increasingly being deployed for Combined Heat and power (CHP) generation, catering to small households’ energy and heating needs and commercial spaces such …
Monthly Archives: August 2024
Pressure Infusion Bags Market Set to Reach USD 494.5 Million by 2029 at a 6.5% of CAGR
The pressure infusion bags market, valued at USD 300.0 million in 2021, is projected to experience significant growth, reaching an estimated USD 494.5 million by 2029. This promising outlook is highlighted in a recent market survey conducted by Future Market Insights (FMI). The anticipated growth in the pressure infusion bags market is driven by …
FMI Analysis States Global Optical Measuring Systems Market Size Predicted to Reach USD 8.0 Billion by 2033, Growing at 5.9% CAGR
The global optical measuring systems market is expected to reach a valuation of approximately USD 4.5 billion by 2023. This growth trajectory can be chiefly attributed to the increasing investments in research and development, which are fostering innovations and advancements within the market. It is anticipated that by 2033, the market will achieve a substantial valuation of …
FMI Study Projects Global Residential Boiler Market Revenue Set to Reach USD 53.1 Billion by 2033, Growing Steadily at 5.5% CAGR
According to a Future Market Insights (FMI) report, the global residential boiler market size is likely to be valued at USD 31.1 Billion in 2023. The increasing demand for tower crane rentals in various end-use industries is driving the market growth. The market is estimated to garner USD 53.1 Billion in 2033, recording a CAGR of 5.5% …
Network Analytics Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2023 to 2033
During the forecast period, the global network analytics market is thriving at a Compound Annual Growth Rate (CAGR) of 19.5%. It has begun the forecast period in 2023 with a market valuation of US$ 2,948.0 million. It is anticipated to end the forecast period with a market value of US$ 17,555.5 million by 2033. Several drivers contribute …
FMI Projection Affirms Global Personal Protective Equipment Market Share to Reach USD 69,169.3 Million Mark by 2034, Growing at 5.5% CAGR
FMI’s analysis indicates a remarkable trajectory for the global personal protective equipment market, with projections suggesting a robust Compound Annual Growth Rate (CAGR) of approximately 5.5% from 2024 to 2034. Expected to surpass a significant milestone, the industry is on track to reach a pinnacle worth over USD 69,169.3 million by 2034, up from its estimated …
Surgical Tourniquet Market Expected to Reach USD 905.1 Million by 2034 at a 5.2% of CAGR
The surgical tourniquet market is on a robust growth trajectory, with an estimated valuation of USD 545.1 million in 2024. According to recent projections, the market is anticipated to expand significantly, reaching approximately USD 905.1 million by 2034. This growth represents a Compound Annual Growth Rate (CAGR) of 5.2% over the forecast period from 2024 …
LTE and 5G Broadcast Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2024 to 2034
Wireless communication is made possible by mobile network technologies like LTE and 5G broadcast market. Although 5G is the newest development in mobile networks and provides notable increases in terms of speed, latency, and capacity, LTE has been extensively embraced and utilised for a number of years. The LTE and 5G Broadcast Market is predicted to …
FMI Analysis Predicts Global Insulated Gate Bipolar Transistors (IGBT) Market Size to Exceed USD 14.9 Billion by 2033, Growing at 8.3% CAGR
FMI forecasts indicate that the global insulated gate bipolar transistors (IGBT) market size is set to reach a valuation of USD 6.7 billion in 2023. This growth trajectory is primarily attributed to the escalating adoption of technologically advanced insulated gate bipolar transistors across diverse industries, serving as a key driver for market expansion. Projections anticipate the market …
Global Warehouse Robotics Market Analysis Report States the Industry to Cross USD 5,609.75 Million by 2034, Growing at 13.8% CAGR
The warehouse robotics market is poised for significant expansion, projected to surge from USD 1,540.57 million in 2024 to a milestone of USD 5,609.75 million by 2034. Over the decade from 2024 to 2034, this sector is expected to experience a notable Compound Annual Growth Rate (CAGR) of 13.8%. The driving force behind this growth is the …