The global chopper pump market is poised for remarkable growth, with 2022 witnessing an estimated value of USD 818.4 million. This figure is set to skyrocket in the coming decade, with experts predicting an astounding surge to USD 1,429 million by 2033. Such exponential growth, marking a compelling CAGR of 5.2% from 2023 to 2033, …
Monthly Archives: November 2024
Global Submersible Pump Market Size to Exceed USD 19.39 Billion by 2033, Growing Steadily at 5.2% CAGR
Increasing from USD 11.68 billion in 2023, FMI predicts that the global submersible pump market could reach USD 19.39 billion by 2033. Between 2023 and 2033, submersible pump sales are expected to register a 5.2% CAGR. The key drivers of the expansion of the submersible pump market worldwide are the population boom of the globe and the rise in residential housing. …
Computational Fluid Dynamics (CFD) Market 2023 Future Analysis, Demand by Regions and Opportunities with Challenges 2033
The global computational fluid dynamics (CFD) market is expected to be valued at $2,447 million by 2023. According to Future Market Insights, the market is estimated to increase at an 8.78% CAGR between 2023 and 2033, reaching $5,679.2 million by the end of 2033. Rapid improvements in the automotive, aerospace, and aeronautical industries have contributed to the …
Agricultural Equipment Market to Surge with a 4.2% CAGR, Reaching Approximately USD 171.4 Million by 2033
The agricultural equipment market is forecast to experience a growth of 4.2% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 171.4 million in 2033. The agriculture industry is expanding fast in the upcoming years, driven by the surging global population, which is expected to …
Multi-coaxial Connections Market Would Reach a Worth of US$ 3.6 Billion at a CAGR of 4.5% from Forecast Period 2023 to 2033 | Data by Future Market Insights, Inc.
By 2033, the multi-coaxial connectors industry is estimated to be worth $3.6 billion. Between 2023 and 2033, a healthy 4.5% CAGR is predicted. By 2023, the market is expected to be worth US$2.3 billion. Applications integrating the Internet of Things (IoT) typically employ multi-coaxial connections. In these applications, several devices must be linked and communicate with one …
Global Pre-Insulated Pipe Market Soars to USD 11.2 Billion by 2034, With a 5.7% CAGR
By 2023, the global pre-insulated pipe industry will be worth USD 6.1 billion. Over the forecast period, the value is expected to increase at a 5.7% CAGR. The sector is expected to grow from USD 6.4 billion in 2024 to USD 11.2 billion by 2034. The market is expected to expand by 6.3% year on …
Global Liquid Biopsy Market Set to Reach USD 10,938.6 Million by 2033, Expanding at a 21.7% CAGR
The global liquid biopsy market is projected to experience remarkable growth, with an estimated revenue of USD 1,538.3 million in 2023. Driven by rapid advancements in diagnostic technology and an increasing prevalence of cancer, the market is expected to expand at a robust compound annual growth rate (CAGR) of 21.7% over the next decade. By …
Global Cardiac Reader System Market Projected to Reach USD 1.5 Billion in 2019, Driven by High Demand for Benchtop Analyzers
Future Market Insights (FMI) projects a strong year-over-year growth of over 5% in revenue for the global cardiac reader system market, with total sales approaching USD 1.5 billion in 2019. Benchtop analyzers, which make up more than 80% of total cardiac reader system sales, continue to dominate due to their robust functionality, though compact analyzers …
Global Condition Monitoring Service Market to Reach $9.7 Billion by 2033 with a 9.8% CAGR Growth
The global demand for condition monitoring services is projected to surpass the valuation of US$ 9.7 Billion by 2033 end. As suggested by a new Future Market Insights (FMI) report, substantial growth in the condition monitoring service market is mainly backed by the growth of the power generation industry, which holds a prominent share of the overall …
Global Dental Imaging Equipment Market Set to Reach USD 4,450.8 million by 2034, Growing at a 3.3% CAGR
The global dental imaging equipment market is estimated to be worth USD 3,216.9 million in 2024 and is expected to grow steadily at a compound annual growth rate (CAGR) of 3.3% through 2034, reaching approximately USD 4,450.8 million by the end of the forecast period. This growth is largely attributed to rising consumer awareness of …