Railway Telematics Industry The railway telematics industry was valued at around USD 6,234.5 million in 2022. According to a recent market analysis report by FMI, the market is set to grow at a CAGR of 7.1% between 2023 and 2033. This growth trajectory is projected to elevate the market’s overall value from USD 6,708.3 million in 2023 …
Monthly Archives: December 2024
Electric Utility Vehicles Market Poised for Expansion Amid Growing Demand for Sustainable Transportation | FMI Insights
Electric Utility Vehicles Industry The electric utility vehicles industry is projected to achieve a valuation of approximately USD 38,550.2 million by 2033, growing at a robust CAGR of 15.4% from 2023 to 2033. As of 2023, the market is valued at around USD 9,203.8 million. The global electric utility vehicles market is witnessing robust growth, fueled by …
Transforming Vehicle Care: Key Trends and Drivers Shaping the Automotive Garage Equipment Industry | FMI Insights
Automotive Garage Equipment Industry The automotive garage equipment industry was valued at USD 24.4 billion in 2022 and is expected to reach USD 26.8 billion in 2023. The demand for automotive garage equipment is being driven by the growth of repair shops and independent garages, which are contributing to increased vehicle sales in emerging economies. The Automotive …
Automotive Door Hinges Industry Projected to Hit USD 7.9 Billion by 2033 with a CAGR of 5.5% | FMI Insights
Automotive Door Hinges Industry The global automotive door hinges industry is anticipated to reach a valuation of USD 4.6 billion in 2023 and is projected to grow to USD 7.9 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.5% during the forecast period. Several factors are fueling the demand for automotive door …
Plug-in Hybrid Electric Vehicle (PHEV) Industry Set to Reach USD 186,450.62 Million by 2034, Growing at a 17.9% CAGR | FMI Insights
Plug-in Hybrid Electric Vehicle (PHEV) Industry The latest report by Future Market Insights highlights a promising outlook for the plug-in hybrid electric vehicle (PHEV) industry, which is projected to achieve a valuation of USD 35,927.40 million by 2024. This upward trend is anticipated to continue, with the market expected to reach an impressive USD 186,450.62 million by 2034, reflecting a …
Corrugated Box Market is Expected to Reach a High Valuation of USD 213.9 Billion by 2033 | FMI
The global corrugated box market net valuation is estimated to be around USD 140.4 billion in 2023. As per the market analysis report by FMI, it is anticipated to register a CAGR of 4.3% from 2023 to 2033 and reach an overall valuation of USD 213.9 billion by the end of the forecast period. Having faced the …
Global Deblistering Machines Market to Hit USD 270 Million by 2033, Says Future Market Insights
The Deblistering Machines Market is projected to experience steady growth in 2023, with its valuation surpassing USD 165.0 million. The market is forecasted to expand at a CAGR of 5.0% between 2023 and 2033, ultimately reaching a value of USD 270.0 million by the end of 2033. This growth can be attributed to the evolving dynamics of …
Aluminum Foil Containers Market is Growing at a Strong CAGR of 5.5% by 2033 | Future Market Insights, Inc.
The aluminium foil containers market is anticipated to reach USD 3.8 billion in 2023 and post a CAGR of 5.5%. Over the forecast period, the valuation is expected to reach USD 6.5 billion. The aluminum foil containers market assists the food and beverage industry by providing packaging solutions useful for storing perishable foods without the need for …
Thermoformed Containers Market to Grow at 4.6% CAGR by 2033 | Future Market Insights, Inc.
The global thermoformed containers market is poised for significant growth, as per the latest research conducted by Future Market Insights (FMI). The market is projected to record a compound annual growth rate (CAGR) of 4.6% during the forecast period from 2023 to 2033. In 2023, the market size is expected to reach USD 19.9 billion, and by …
Transport Cases & Boxes Market Set to Reach USD 2.4 Billion by 2033, Driven by Rising Demand for Protective Packaging Solutions
The global Transport Cases & Boxes market is expected to experience significant growth, with a projected market value of USD 1.7 billion in 2023, rising to USD 2.4 billion by 2033. This growth reflects a compound annual growth rate (CAGR) of 3.5% during the forecast period. The increasing demand for secure transportation and packaging solutions across diverse …