The global perfume market size is projected to grow at a 5.5% CAGR. The market is expected to grow from USD 59.4 Billion in 2023 to USD 101.3 Billion by 2033. Rising demand for custom-made perfumes is rising across key markets. Hence, key players are keen on developing technologically innovative products such as touchless product dispensers. Expansion …
Monthly Archives: September 2024
Global Magnetic Resonance Imaging (MRI) Contrast Agents Market Achieves Record Sales and Projected for Significant Growth, Projected to Reach USD 1.23 Billion by 2029
In a landmark achievement for the medical imaging industry, the global magnetic resonance imaging (MRI) contrast agents market has reached new heights, with record sales of USD 910.9 million reported in 2022. This milestone underscores the increasing demand for advanced imaging solutions and highlights the sector’s pivotal role in enhancing diagnostic capabilities. Looking ahead, the …
Global Veterinary Biologics Market Poised for Robust Growth at a 6.3% CAGR, reaching a Value of USD 24,224.3 million by 2034
The global veterinary biologics market is on a trajectory of substantial growth, with a projected valuation of USD 13,140.6 million in 2024, propelled by evolving animal welfare regulations and increasing awareness of animal health. This dynamic market is set to experience a promising compound annual growth rate (CAGR) of 6.3% from 2024 to 2034, reaching …
Global Lung Cancer Surgery Market Poised for Significant Growth: FMI Report Projects Expansion to USD 1.98 Billion by 2029
Future Market Insights (FMI), a leading authority in market research and analysis, has released a new report forecasting impressive growth in the global lung cancer surgery market. According to the latest analysis, the market, valued at USD 1.31 billion in 2022, is set to expand to USD 1.98 billion by 2029. This represents a robust …
Off-Highway Vehicle Telematics Market Expected to Hit USD 2.2 Billion by 2033, Growing at a 16% CAGR | FMI Reports
Off-Highway Vehicle (OHV) Telematics Market The off-highway vehicle (OHV) telematics market is expected to expand from USD 488.3 million in 2023 to USD 2,154.3 million by 2033, reflecting a robust compound annual growth rate (CAGR) of 16% over the forecast period. The outlook for the OHV telematics market is highly favorable, driven largely by the …
Global Robotic Catheterization Systems Market Poised for Remarkable Growth, Projected to Reach USD 112.5 Million by 2029
The global robotic catheterization systems market is on the brink of a transformative surge, projected to reach a valuation of USD 112.5 million by 2029, according to the latest analysis by Future Market Insights. This remarkable growth represents a robust Compound Annual Growth Rate (CAGR) of 14.8%, underscoring the rapid advancement and adoption of robotic …
Variable Frequency Drive Market Expected to Reach USD 62.2 Billion by 2034, with a CAGR of 5.60% | FMI Reports
Variable Frequency Drive Market The variable frequency drive (VFD) market is expected to surpass USD 36,072.17 million in 2024 and is projected to reach USD 62,203.02 million by 2034, with a compound annual growth rate (CAGR) of 5.60% from 2024 to 2034. VFDs are becoming increasingly essential in the advancement of smart grid initiatives, where …
Global Oscillating Positive Expiratory Pressure (OPEP) Device Market Projected to Reach USD 263.40 Million by 2034
Recent market analysis highlights a notable surge in the global oscillating positive expiratory pressure (OPEP) device market, with expectations to achieve a valuation of USD 151.30 million by the end of 2024. The market is forecasted to expand significantly, reaching USD 263.40 million by 2034, reflecting a steady Compound Annual Growth Rate (CAGR) of 5.70% …
Centrifugal Pumps Market Worldwide Expected to Hit USD 60 Billion by 2033, with a CAGR of 6.2% | FMI Reports
Centrifugal Pumps Market The centrifugal pumps market is estimated to be valued at USD 33 billion in 2023 and is expected to grow to USD 60 billion by 2033, with a projected compound annual growth rate (CAGR) of 6.2% during this period. This growth is largely driven by the rising demand for energy-efficient pumps, as …
U.S. Commercial Refrigeration Equipment Market Expected to Reach USD 11.8 Billion by 2034, with a CAGR of 3.90% | FMI Reports
United States commercial refrigeration equipment market The United States commercial refrigeration equipment market is projected to grow at a compound annual growth rate (CAGR) of 3.90% through 2034. Sales are expected to reach USD 8,049.70 million in 2024 and surpass USD 11,801.44 million by 2034. This growth is primarily driven by the expansion of the …