According to Future Market Insight, the global metal stampings, forgings, and castings market is projected to reach a value of US$ 818 billion by 2033, registering a CAGR of 5.7%. This is a considerable increase from its present value of US$ 470.5 billion in 2023. Demand for lightweight and high-strength materials is extremely high in the automotive …
Monthly Archives: September 2024
Global Flow Meters Market Revenue Projected to Hit USD 13.2 Billion Valuation by 2033, Growing Steadily at 5% CAGR
The global flow meters market revenue is anticipated to reach USD 13.2 billion by 2033, up from USD 8.1 billion in 2023. Future Market Insights is estimated to secure a CAGR of 5.0% for the market between 2023 and 2033. Flow meters are used in a wide range of industries, including oil and gas, water and wastewater, chemical, and pharmaceuticals, among others. The …
Global Selective Laser Sintering Equipment Market Revenue to Exceed USD 4.2 Billion by 2033, Driven by 18.6% CAGR Growth
The global selective laser sintering (SLS) equipment market revenue is anticipated to reach USD 4.2 billion by 2033, up from USD 765 million in 2023. Future Market Insight estimated a remarkable CAGR of 18.6% for the market between 2023 and 2033. SSLS 3D printing technology is capable of producing complex and customized products with unparalleled accuracy and …
India Residential Solar Inverter Market Size Rising to USD 330.2 million by 2033, With a CAGR of 8.3%
According to a Future Market Insights (FMI) report, it is expected that size of the India residential solar inverter market would increase with annual growth of 7.9% by 2023, anticipated to be valued at over USD 148.2 Million. By 2033, the market is projected to reach a valuation of USD 330.2 Million. It is set to develop significantly between 2023 and …
USA Hydrogen Electrolyzer Market Share to Exceed USD 790.8 Million by 2033, Driven by an Outstanding 23.8% CAGR
The USA hydrogen electrolyzer market is poised for remarkable growth, with projections indicating a robust CAGR of 23.8% from 2023 to 2033. By 2033, it is expected to attain a valuation of approximately USD 790.8 million, marking substantial expansion from the anticipated valuation of around USD 93.2 million in 2023. Notably, the demand for polymer electrolyte membrane …
United Kingdom Photovoltaic Mounting System Market Anticipated to Grow at 8.4% CAGR and Reach US$ 1643.8 Million by 2033
The United Kingdom Photovoltaic Mounting System Market is set to witness a sustained dominance of ground-mounted PV systems, as they maintain their position as the preferred choice for large-scale installations. However, over the next decade, the sales of rooftop-mounted PV systems are projected to outpace both ground-mounted and carport-mounted alternatives. This surge in rooftop installations …
Air Filters Market Insights: Rising at a 6.26% CAGR by 2033, Projected Value of US$ 30.33 Billion
The Air Filters Market is experiencing a significant upsurge, fueled by a growing emphasis on regulatory initiatives aimed at enhancing air quality worldwide. Governments of various countries are taking proactive measures by implementing stricter regulations and standards to curb air pollution, which, in turn, has spurred a surging demand for advanced air filtration systems. The air …
Modular Construction Market is estimated at US$ 199.11 billion and expected to register a growth of 7.4% during forecast period 2023 to 2033
In 2023, the global modular construction market is expected to be worth US$ 97.51 billion. The adoption of modular construction is projected to develop at a 7.4% CAGR to reach US$ 199.11 billion by 2033. One of the key drivers of growth in the modular construction industry is the increasing demand for affordable housing and infrastructure solutions. …
Single-use Filtration Assemblies Market: Estimated Worth of US$ 19.8 Billion by 2033, Growing at a 18.5% CAGR
The global Single-Use Filtration Assemblies Market is predicted to be worth US$ 3.53 billion in 2023 and rise to US$ 19.28 billion by 2033. Initially, the global market was expanding at a CAGR of 19.8% from 2018 to 2022. Smaller batch sizes, increased demand for customized treatments, and the need for adaptive and scalable solutions are the …
FMI Study States Global Electric Vehicle Motor Market Size to Reach USD 571,809.04 Million by 2034, Forecasting a 21% CAGR Growth
The global electric vehicle (EV) motor market is poised for substantial growth, projected to expand at an impressive CAGR of 21% from 2024 to 2034. Revenue from the EV motor sector is expected to rise from USD 84,995.77 million in 2024 to USD 571,809.04 million by 2034. Currently, the electric vehicle motor market holds a 14.3% share of the total electric vehicles market, which includes …