New Product Development
The Automated Guided Vehicles (AGVs) Market Size is poised to reach a valuation of approximately US$ 1.13 Billion by the year 2023, with a projected increase to about US$ 2.43 Billion by 2033. This growth signifies a significant compound annual growth rate (CAGR) of 8% spanning the period from 2023 to 2033. The escalating utilization …
Continue reading “Automated Guided Vehicles (AGVs) Market Size Projecting a CAGR of 8% by 2033”
As per the study at FMI, the used E-Scooter market was valued at US$ 671.2 million in 2022 and is expected to reach US$ 919.7 million by 2032, growing at a 3.2% CAGR. People are turning towards electric vehicles as they help with environmental concerns, technological integrations and new fuel and cost-friendly prospects, fuelling the sales of …
The automotive MEMS sensors market is anticipated to secure a valuation of US$ 3.9 billion in 2023 and is predicted to reach US$ 14 billion by 2033. The market is estimated to capture a CAGR of 13.7% during the forecast period. How the Top Countries Surge the Automotive MEMS Sensors Market? The top countries are surging …
Continue reading “Automotive MEMS Sensors Market Predicted to Reach US$ 14 Billion by 2033 | FMI”
The global automotive lighting market is anticipated to attain a valuation of US$ 37.1 billion in 2023 and is predicted to reach US$ 69 billion by 2033, trailing a CAGR of 6.4% during the forecast period. Key Takeaways North America automotive lighting market is expected to grow with a CAGR of 6% during the forecast …
Continue reading “Global Automotive Lighting Market Poised to Reach US$ 69 Billion by 2033 | FMI”
The automotive belts market size is projected to surpass US$ 14,417.0 million in 2023 and is likely to attain a valuation of US$ 21,136.4 million by 2033.The automotive belts market size is anticipated to thrive at a CAGR of 3.9% from 2023 to 2033. Production of automobiles has increased steadily worldwide, particularly in developing economies. …
The magnetoresistive sensors market is anticipated to grow at a CAGR of 4.3% in the global magnetoresistive sensors market throughout the projected period. Future market growth for magnetoresistive sensors is predicted to reach a value of US$ 243 million in 2022 and US$ 371.5 million by 2032. Magnetoresistive sensors are highly sensitive devices aimed to cover an extensive range of …
In 2022, the worldwide brown rice market is assessed at US$ 9843 Million. The market is probably going to reach almost US$ 17895.2 Million by 2032, with a developing CAGR of 6.2% from 2022 to 2032. COVID-19 had a worldwide effect that was faltering and uncommon and saw a rewarding effect on interest in brown rice across …
The market for milk tank cooling systems worldwide is anticipated to reach US$ 678.0 million in 2023. A sluggish 3.4% CAGR is anticipated to fuel market growth between 2023 and 2033. In 2033, this ought to generate US$ 947.1 million. Systems for cooling milk tanks are an essential component of dairy production machinery. A crucial link in …
In 2023, the global cloudifier market is anticipated to be valued at US$ 616.5 million. This market is projected to grow at a CAGR of 7.3% from 2023 to 2033, finally reaching a market value of US$ 1,242.4 million by 2033. This immense market growth can be credited to the changing dietary preferences of the …
The demand for efficient and dependable power supply and increased efforts to integrate modern energy solutions into existing power systems supported the power transformer market’s 4% year-over-year rise in 2021. Power transformer market sales increased by 10% between 2019 and 2021, reaching US$ 21.9 billion in 2021 with a solid CAGR of 4.6%, according to Future …
