The global automated material handling systems market is anticipated to grow at a CAGR of 9.2% over the course of the forecast period, according to the most recent study by FMI. The market is anticipated to be worth USD 34 billion in 2023. The value is expected to hit USD 81.8 billion by 2033. The global industry for these machines is growing rapidly in …
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FMI Report Indicates Global Industrial and Workplace Safety Market to Surpass USD 11.1 Billion by 2033, Driving 6% CAGR Growth
The industrial and workplace safety market is on track for explosive growth, with a projected valuation of USD 11.1 billion by 2033. This expansion reflects a steady Compound Annual Growth Rate (CAGR) of 6%, signifying a significant advancement in global safety standards. In 2023, the market achieved a notable valuation of USD 6.2 billion, marking the beginning …
Global Fuel Cell for Stationary Power Market Forecasted to Exceed USD 5,676.8 Million by 2033, Driven by 11.1% CAGR | FMI Study
The fuel cells for stationary power market is poised for significant growth, with a projected valuation of USD 5,676.8 million by 2033. This expansion is anticipated to occur at a robust Compound Annual Growth Rate (CAGR) of 11.1% from its current market value of USD 1,981.4 million in 2023 (Future Market Insights, Inc.). This significant growth highlights …
FMI Report Affirms Global Hazardous Area Equipment Market to be Valued at USD 15.43 Billion by 2033, Driving 5.2% CAGR
The global hazardous area equipment market is on track for significant growth, with a projected valuation of USD 15.43 billion by 2033 (Future Market Insights, Inc.). This expansion is fueled by a steady Compound Annual Growth Rate (CAGR) of 5.2%, building upon a market value of USD 9.49 billion in 2023. Hazardous area equipment plays a crucial …
FMI Study Indicates Global Industrial Safety Footwear Market to Drive Past USD 23.6 Billion by 2033, Driving 7.4% CAGR Growth
The industrial safety footwear market is poised for significant expansion, driven by a robust Compound Annual Growth Rate (CAGR) of 7.4% projected over the forecast period. By the year 2023, the market was anticipated to reach a substantial value of USD 11.6 billion, with estimations indicating a doubling in worth to USD 23.6 billion by 2033. Several …
Global Industrial PC Market Share Anticipated to Cross USD 9.4 Billion Mark by 2032, Driven by 6% CAGR Growth | FMI Analysis
The global industrial PC market has exhibited remarkable growth, achieving a commendable valuation of USD 5 billion in 2021. Projections for the period spanning from 2022 to 2032 forecast a robust Compound Annual Growth Rate (CAGR) of 6%, culminating in an anticipated valuation exceeding USD 9.4 billion. This upward trajectory is primarily driven by escalating demand across …
Global Industrial Automation Market Size Forecasted to Hit USD 81.4 Billion Valuation by 2033, Driving 7.2% CAGR Growth
The global industrial automation market is poised for substantial growth, with projections indicating a valuation exceeding USD 81.4 billion by 2033, driven by a steadfast Compound Annual Growth Rate (CAGR) of 7.2%. Starting with an initial forecasted value of USD 40.6 billion in 2023, the market lays a strong foundation for ambitious expansion in the coming decade. …
Global Stacker Crane Market Revenue Share to Exceed USD 2.4 Billion Milestone by 2033, Expanding at 7.9% CAGR | FMI Analysis
The global stacker crane market is predicted to register a CAGR of 7.9% over the forecast period, according to FMI’s analysis. The industry’s market value is anticipated to increase from USD 1.1 billion in 2023 to USD 2.4 billion by 2033 end. Over the projection period, the stacker crane business is expected to increase at a healthy …
Refurbished Computers and Laptops Market Research Report: Overview With Geographical Segmentation By Revenue With Forecast 2033
According to a recent Future Market Insights (FMI) analysis, the global market for refurbished desktops and laptops is estimated to reach $17,854.1 million by 2023. Over the next ten years, refurbished laptop and computer sales are predicted to grow at a CAGR of 10.2%. By the end of 2033, the market is expected to be valued US$ …
IP-MPLS VPN Services Market to Exceed US$ 123,727.5 million by 2033 as Demand for Secure Connectivity Burgeons Globally
Future Market Insights (FMI) states that in 2018, the market for IP-MPLS VPN services reached US$ 37,689.9 million. In 2022, demand for IP-MPLS VPN services grew by 7.2% year-over-year. In 2023, it is anticipated that the global market will be worth US$ 52,990.6 million. The market is predicted to surge at a CAGR of 8.8% between 2023 and 2033. By the …