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 the market …
Author Archives: Editor AM
Airline Reservation Software Market Trends 2022 | Segmentation, Outlook, Industry Report to 2032
The airline reservation software market was valued at US$ 5.2 Bn in 2022 and is expected to reach US$ 10.2 Bn by 2032 finds Future Market Insights (FMI) in a recent market survey. It is Expected to Progress at a CAGR of 9.5% from 2022 – 2032. As per the findings, revenue through B2B Travel …
Global Binoculars and Mounting Solutions Market Revenue Size to Surge Past USD 11.4 Billion by 2032, Surging Steadily at 3.8% CAGR
The global binoculars and mounting solutions market was expected to attain USD 8.6 billion milestone in 2022. Between 2022 and 2032, it is anticipated to grow at a CAGR of 3.8% and surpass USD 11.4 billion. The demand for binoculars and mounting solutions is anticipated to increase in the near future due to the rising standard of living …
FMI Study Predicts Global Prefabricated Building Systems Market Share to Surpass USD 18.5 Billion by 2032, Surging at an Average CAGR of 6.1%
The global prefabricated building system market is expected to generate lucrative growth opportunities with a CAGR of 6.1% from 2022 to 2032. By 2032, it is expected that the global market will be valued at US$ 18.5 billion. The market’s expansion is attributed to the building and construction sector’s explosive global growth. The prefabricated building system market …
Global Traction Motors Market Revenue Size Estimated to Surpass USD 30.0 Billion Mark by 2032, Growing at 13.0% CAGR
Global traction motor market is poised to expand at a Compound Annual Growth Rate (CAGR) of 13.0% between 2022 and 2032, with an expected value surpassing USD 30 billion by the end of that period. Moreover, global sales are forecasted to achieve an impressive growth rate ranging between 12 to 15%. The burgeoning demand for these high-performance …
FMI States Global Hammer Mill Market Revenue Projected to Surpass USD 5,677.3 Million by 2033, Driving a Steady Growth of 5.3% CAGR
According to Future Market Insights (FMI), the global hammer mill market is poised to reach a projected size of USD 3,389.5 million in 2023. Over the ensuing decade, from 2023 to 2033, the global sales of hammer mills are anticipated to exhibit a notable compound annual growth rate (CAGR) of 5.3%. By the year 2033, it is …
FMI Projection Affirms Construction Anchors Market Share Anticipated to Surge Past USD 24,838.79 Million by 2034, Growing at a 6.0% CAGR
The global construction anchor market is anticipated to exhibit robust growth, expanding from USD 13,869.85 million in 2024 to a projected USD 24,838.79 million by 2034, representing a compound annual growth rate (CAGR) of 6.0% over the ensuing decade. This significant market expansion underscores the anticipated upsurge in demand for construction anchors. Market players are upgrading their product lines with a structured strategy of raising …
FMI Study States Global Absorbent Glass Mat (AGM) Battery Market Revenue to Reach USD 18 Billion by 2032, With a 4.8% CAGR Growth
Global absorbent glass mat (AGM) battery market is estimated to garner USD 18 Billion while exhibiting a 4.8% CAGR during the forecast period. The growing support from several governments is likely to fuel the market growth in the coming years. The industry is expected to secure USD 11.2 Billion in 2022. The number of research and development by …
FMI Study States Global Test and Measurement Equipment Market Size to Reach USD 61,534.3 million by 2034, With a 5.6% CAGR
The test and measurement equipment market is experiencing a 5.6% CAGR through 2034, with an estimated value of USD 35,684.4 million in 2024 and a projected value exceeding USD 61,534.3 million by 2034. The demand for precise and reliable test and measurement equipment is increasing across various industries such as telecommunications, aerospace, automotive, and healthcare. This trend is driven by the need to …
FMI Study States Global EMC Shielding and Test Equipment Market Share to Exceed USD 11,440.5 million by 2033, Surging at 4.5% CAGR
The global EMC shielding and test equipment market size is anticipated to cross a valuation of USD 7,336.9 million in 2023. It is predicted to attain a valuation of USD 11,440.5 million by 2033. The market is projected to showcase a CAGR of 4.5% from 2023 to 2033. The rising demand and consumption of smart electronic devices …