The global park assist system market is projected to reach a valuation of USD 595.6 Million in 2022. Demand is forecast to increase at a 14.3% CAGR during the forecast period, reaching USD 2.2 Billion by 2032. Park assist system, which is also known as advanced parking guidance system, helps the driver park with higher precision using advanced guidance …
Monthly Archives: September 2024
Global Night Vision System Market Set to Exceed USD 1,276.8 Million by 2032, Growing with a 13.9% CAGR | FMI Study
The global night vision system (NVS) market share is expected to surpass a valuation of USD 1.276.8 Billion by 2032, with sales growing at a 13.9% CAGR over the forecast period. Increasing sales of luxury cars, along with rising awareness regarding road safety is boosting the requirement for improved night visibility range and quality. This is expected …
FMI Study States Global Automotive ADAS (Advanced Driver Assistance System) Market is expected to Surpass USD 2,11,710.80 Million by 2034
The global automotive ADAS (Advanced Driver Assistance System) market value is expected to rise from USD 64,047.75 million in 2024 to USD 2,11,710.80 million by 2034. This estimated growth is expected to be driven by a steady CAGR of 12.7% in the automotive ADAS (Advanced Driver Assistance System) market over the next decade. Increasing demand for automotive …
Global Cable Accessories Market Revenue Share to Surpass USD 84,186.2 Million by 2033, Surging at an Average 6.2% CAGR | FMI Study
The global cable accessories market was forecasted to exceed a substantial value of USD 46,131.2 million by 2023. Projections indicate a noteworthy Compound Annual Growth Rate (CAGR) of 6.2% over the next decade, positioning the market to achieve a significant milestone, reaching an estimated value of USD 84,186.2 million by 2033. This impressive growth trajectory is primarily …
Global Automotive Soft Trim Interior Materials Market Revenue to Surpass USD 9,601.3 Million Mark by 2033, Surging Steadily at 4.8% CAGR
The global automotive soft trim interior materials market is poised for substantial growth, projected to reach a staggering USD 9,601.3 Million by the year 2033, with a steady CAGR of 4.8%. This forecast underlines a significant upward trajectory in the demand for soft trim materials used in vehicle interiors. These materials play a crucial role in enhancing comfort, aesthetics, and …
FMI Study Predicts Global Temporary Storage Buildings Market Share to Reach USD 5,002.4 Million by 2033, Surging at 6.1% CAGR
The global temporary storage buildings market is experiencing a notable surge in growth within the dynamic landscape of commerce and industry. Projections suggest that this market is set to attain a substantial valuation of USD 5,002.4 million by 2033, driven by an expected compound annual growth rate (CAGR) of 6.1% from 2023 to 2033. As of the …
Global Temporary Fencing Panels Market Size Set to Reach USD 4,940.1 Million Valuation by 2033, Growing Steadily at 3.7% CAGR
The global temporary fencing panels market achieved a notable value of USD 3,309.4 million in 2022, laying the foundation for an exciting trajectory ahead. Projections indicate a substantial surge to USD 4,940.1 million by 2033, supported by a robust Compound Annual Growth Rate (CAGR) of 3.7% throughout the forecast period, according to insights derived from FMI analysis. …
On-Site Preventive Care Market Projected to Reach USD 43.52 Billion by 2034 at a 5.2% of CAGR
The on-site preventive care market is set to achieve a valuation of USD 26.21 billion in 2024, with an anticipated growth trajectory that will see the market expand to USD 43.52 billion by 2034. This growth reflects a steady compound annual growth rate (CAGR) of 5.2% over the next decade. On-site preventive care, which includes …
Surface Plasmon Resonance System Market Set to Reach USD 1.6 Billion by 2034 with a 5.1% of CAGR
According to primary research consultants at FMI’s healthcare domain, the global surface plasmon resonance (SPR) system market is projected to achieve a valuation of USD 1.0 billion by 2024. The market is expected to maintain its positive momentum, with forecasts indicating it will escalate to USD 1.6 billion by 2034, reflecting a moderate compound annual …
Cardiac Assist Devices Market Set to Exceed USD 1.37 Billion by 2023 and Surge to USD 2.48 Billion by 2033 at a 6.15 of CAGR
The global cardiac assist devices market is on a remarkable growth path, with an estimated value of USD 1.37 billion in 2023. The market is projected to expand significantly, reaching USD 2.48 billion by 2033, driven by a robust compound annual growth rate (CAGR) of 6.1% over the next decade. This impressive growth is fueled …