In 2022, the global Micro and Nano PLC market developed dramatically, with sales revenue of an incredible US$ 8.9 billion. According to a detailed report released by Future Market Insights, the market for micro and nano PLCs is predicted to develop at a robust 6% compound annual growth rate (CAGR) from 2022 to 2032. The market is …
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Global Decentralized Social Network Market is Set to Grow to US$ 101,200.8 Million at a CAGR of 23.6% from Forecast 2023 to 2033 | Future Market Insights, Inc.
As per Future Market Insights (FMI), the global decentralized social network market value is expected to rise from US$ 12,132.2 million in 2023 to US$ 101,200.8 million by 2033. Over the next decade (2023 to 2033), global demand for decentralized social networks is projected to increase at 23.6% CAGR. The growing popularity of decentralized social networks due …
Electrical Bushings Market: A Thriving Landscape of Innovation and is predicted to Surpass US$ 3.9 Billion by 2033 | Future Market Insights, Inc.
Future Market Insights (FMI) predicted that the value of the electrical bushings market share would be US$ 2.5 billion by 2022. According to a recent market analysis report, from 2023 to 2033, it is predicted to grow at a CAGR of 4%. By the end of 2033, the market is expected to reach US$ 3.9 billion …
Excitation Systems Market 2023 Future Analysis, Demand by Regions and Opportunities with Challenges 2033
The global excitation systems market will be valued around US$3.1 billion by 2023. FMI predicts that the market will expand at a 4.6% CAGR between 2023 and 2033, reaching $4.8 billion by 2033. Excitation systems are in great demand because to the ongoing expansion of end-use industries such as oil and gas, electricity, mining, chemicals, and others. …
Explosive Growth Forecast for IoT in Supply Chain Market: From $12.4 Billion in 2023 to $41.8 Billion by 2033
The worldwide IoT supply chain market is anticipated to be worth $41.8 billion by 2033. It is expected to be valued at more than $12.4 billion by 2023. The worldwide market is estimated to increase at a 12.9% CAGR between 2023 and 2033. Several factors contribute to the growing need for Internet of Things (IoT) in the …
India Power Metering Market Predicted to Reach USD 4,092.6 Million, Globally by 2033 at 11.1% CAGR: Future Market Insights, Inc.
The india power metering market is expected to surge at a CAGR of 11.1% between 2023 and 2033. As per a recent Future Market Insights (FMI) report, the market in India for power metering is expected to reach USD 1,423.2 million by 2023-end, and USD 4,092.6 million by the end of 2033. Increasing adoption of smart meters in India, driven …
Australia Conveyor Maintenance Market Share Estimated to Hit USD 873.43 Million by 2032, Driven by Steady 2.9% CAGR | FMI Study
The Australia conveyor maintenance market is positioned for robust growth, aiming for a projected valuation of USD 873.43 million by 2032, bolstered by a consistent compound annual growth rate (CAGR) of 2.9% from 2022 to 2032. With notable revenue reaching USD 675.29 million in 2022, the market underscores its current influence and untapped potential within the industrial …
Global Poultry Keeping Machinery Market Revenue Anticipated to Cross USD 7.7 Billion by 2033, Driven by Steady 4% CAGR
The poultry keeping machinery market is on a trajectory towards prosperity, currently valued at a substantial USD 5.2 billion as of 2023. Forecasts indicate a promising outlook, with the market set to experience significant growth at a Compound Annual Growth Rate (CAGR) of 4% from 2023 to 2033. This anticipated expansion is expected to culminate in an …
Global Heat Pump Market Share Forecasted to Hit USD 136.2 Billion by 2034, Surging at 10.2% CAGR | FMI Analysis
The global heat pump market is likely to capture a valuation of USD 51.6 billion in 2024 and reach USD 136.2 billion by 2034. The global market is anticipated to register a CAGR of 10.2% during the forecast period. Opportunities in the Heat Pump Market: Energy Transition Initiatives: Consumers are shifting towards clean, eco-friendly, and sustainable energy sources, bringing lucrative opportunities in the market. …
FMI Analysis Affirms Global Power Tool Market Share to Surpass USD 68,418.8 Million by 2034, Driven by a 6% CAGR Growth
The global power tool market is poised for significant growth, with projections indicating a market size of USD 36.04 billion in 2023, surging to an impressive USD 68,418.8 million by 2034, driven by a compelling Compound Annual Growth Rate (CAGR) of 6% over the forecast period from 2024 to 2034. This momentum is underpinned by several key …