The global upper limb prosthetics market is set for significant growth, with sales estimated to reach approximately USD 398 million in 2023. According to a detailed industry analysis, the market is expected to expand at a compound annual growth rate (CAGR) of 4.1% over the next decade, culminating in a valuation of USD 624.9 million …
Monthly Archives: September 2024
Smart Pill Boxes and Bottles Market to Grow Substantially, Projected to Reach USD 388.2 Million by 2033 at a 9.3% of CAGR
The global smart pill boxes and bottles market is experiencing significant growth, with a valuation of approximately USD 144.2 million in 2022. The market is anticipated to reach USD 160.2 million in 2023 and is expected to expand further at a robust compound annual growth rate (CAGR) of 9.3% through the forecast period. By the …
FMI Study States Global Electric Fireplace Market Size to Cross USD 3.2 Billion Milestone by 2032, Driven by 3.7% CAGR Growth
The global electric fireplace market has witnessed significant growth, reaching a valuation of USD 2.18 billion in 2021 and projecting a noteworthy year-on-year growth rate of 1.4%. This upward trajectory is set to continue as the market steadily ascends, with a projected Compound Annual Growth Rate (CAGR) of 3.7% from 2022 to 2032. Expected to reach USD …
Dental X-Ray Systems Market Set to Surge, Projected to Reach USD 2.73 Billion by 2030 at a 6.4% of CAGR
The global dental X-ray systems market is on a trajectory of substantial growth, with current demand valued at approximately USD 1.66 billion. According to a comprehensive analysis, the market is anticipated to advance at a robust compound annual growth rate (CAGR) of 6.4%, reaching a valuation of USD 2.73 billion by the end of 2030. …
FMI Projection States Global Vehicle Electrification Market Revenue Share to Increase at a Pace of 10.3% CAGR from 2022 to 2032
The global vehicle electrification market is projected to grow at a prolific CAGR of 10.3% during the forecast period of 2022-2032. The market was valued at USD 72 Billion in 2021. Rising emphasis on environment-friendly alternatives for the automobile sector is driving the demand for vehicle electrification across the world. Increasing fuel prices coupled with a rise in the sales of …
Global Automotive Natural Gas Vehicle Market Size Projected to Surge at 7% CAGR Growth by year 2032 | FMI Prediction
The automotive natural gas vehicle market remains in its infant stage, despite sales growth in the last three to four years. The automotive natural gas vehicle market is expected to grow at a CAGR of 7% between 2022 and 2032. The automotive natural gas vehicle market is growing in many countries due to low-cost CNG and LNG …
FMI Projection Affirms Construction Anchors Market Size Anticipated to Surge Past USD 24,838.79 Million by 2034, Growing at a 6.0% CAGR
The global construction anchor market is anticipated to exhibit robust growth, expanding from USD 13,869.85 million in 2024 to a projected USD 24,838.79 million by 2034, representing a compound annual growth rate (CAGR) of 6.0% over the ensuing decade. This significant market expansion underscores the anticipated upsurge in demand for construction anchors. Market players are upgrading their product lines with a structured strategy of raising …
FMI Study States Global Absorbent Glass Mat (AGM) Battery Market Share to Reach USD 18 Billion by 2032, With a 4.8% CAGR Growth
Global absorbent glass mat (AGM) battery market is estimated to garner USD 18 Billion while exhibiting a 4.8% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure USD 11.2 Billion in 2022. The number of research and development by …
FMI Analysis Projects Global RFID Kanban Systems Market Size to Exceed USD 8.4 Billion Mark by 2032, Driven by 18.1% CAGR Growth
The RFID Kanban systems market is poised for remarkable growth, with projections indicating a surge to surpass USD 8.4 billion by 2032, driven by an impressive compound annual growth rate (CAGR) of 18.1%. This upward trajectory, originating from a market size of USD 1.6 billion in 2022, underscores the transformative potential of RFID Kanban solutions in modern …
Global Automotive Sunroof Market Size to Reach USD 22,780.9 Million by 2034, Fueled by a Robust 11% CAGR Growth | FMI Analysis
The automotive sunroof market is likely to hold a valuation of USD 21.09 billion by 2033. As of 2023, the market value is USD 7.42 billion. As the automobile industry grows, the automotive sunroof market is expected to expand at a CAGR of 11% from 2023 to 2033. By the end of 2023, more than 18 billion …