Forecast by Future Market Insights states that the Europe woodworking power tools market is estimated to grow at a CAGR of 5% between 2020 and 2030. The construction and carpentry sectors in Europe are driving the growth of the woodworking power tools market (FMI). In 2030, the European woodworking power tools business, led by Germany, the United Kingdom, and France, is …
Monthly Archives: January 2025
Laser Welding Equipment Market Projected Expansion to Reach USD 5,070.6 Million by 2034, Sustaining a Consistent 5.7% CAGR
The global laser welding equipment market value is forecast to increase from USD 2,899.1 million in 2024 to USD 5,070.6 million by 2034. Over the assessment period, demand for laser welding equipment is projected to surge at a CAGR of 5.7%. The automotive and construction industries are contributing to the growth of the market. The …
Global Refrigeration Leak Detector Market Revenue Size to Reach USD 149.3 Million by 2033, Surging at 3.4% CAGR
The global refrigeration leak detector market is positioned for substantial growth, having achieved a noteworthy valuation of USD 106.8 million in 2023, supported by a commendable Compound Annual Growth Rate (CAGR) of 3.4%. This trajectory is expected to lead to a significant market worth of USD 149.3 million by 2033. The heightened demand for refrigeration leak detectors is primarily …
Tunable Diode Laser Analyser Market Expected to Surpass USD 800 Million by 2032, With a 9% CAGR
The tunable diode laser analyzers Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the tunable diode laser analyzers market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for tunable diode laser analyzers. It …
FMI Analysis States Global Water Treatment System Market Size to Exceed USD 1,28,230 Million Mark by 2033, Growing at 6.2% CAGR
The global water treatment system market is poised for substantial growth, with an anticipated revenue of USD 65,164 million in 2023. Projections by industry experts indicate a steady Compound Annual Growth Rate (CAGR) of 6.2% until 2033, positioning the market to achieve an impressive valuation of USD 1,28,230 million by the end of the forecast period. A primary catalyst …
FMI Analysis Predicts Global Insulated Gate Bipolar Transistors (IGBT) Market Size to Exceed USD 14.9 Billion by 2033, Growing at 8.3% CAGR
FMI forecasts indicate that the global insulated gate bipolar transistors (IGBT) market size is set to reach a valuation of USD 6.7 billion in 2023. This growth trajectory is primarily attributed to the escalating adoption of technologically advanced insulated gate bipolar transistors across diverse industries, serving as a key driver for market expansion. Projections anticipate …
Pneumonia Diagnostics Industry to Reach USD 899.4 Million by 2032 at a 5.6% of CAGR, Amid Rising Prevalence and Demand for Early Detection
The global pneumonia diagnostics market is projected to grow from USD 521.1 million in 2022 to USD 899.4 million by 2032, at a compound annual growth rate (CAGR) of 5.6%. The increasing prevalence of pneumonia and the urgent need for early detection to enable timely and effective treatment are driving market growth. Among product categories, …
Global Non-Destructive Testing (NDT) Inspection Services Market to Hit USD 47 Billion by 2034, Driven by 7.7% CAGR
The global Non-Destructive Testing (NDT) inspection services market is poised for substantial growth, with a noteworthy Compound Annual Growth Rate (CAGR) projected to exceed 7.7% from 2024 to 2034. The industry is expected to surge beyond USD 47 billion mark by the end of 2034. This significant expansion is attributed to the influential impact of automation, a response to …
Marine Bearings Market Growth: 4.3% CAGR and USD 8543.0 Million Projected by 2032
The Marine Bearings Market report, unveiled by Future Market Insights—an ESOMAR Certified Market Research and Consulting Firm—presents invaluable insights and meticulous analysis of the Marine Bearings market. Encompassing the research’s scope and essence, this report scrupulously examines the driving factors, market size, and predictive data for Marine Bearings. It furnishes intricate revenue and shipment segmentations, …
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Microphone Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2032
The global microphone market was valued at more than USD 2.3 billion in 2022. By 2032, it will be valued more than USD 4.6 billion. The market is predicted to increase at a 7.1% CAGR during the forecast period. Hearing equipment with improved microphones will be in more demand during the coming decade. It is attributed …