New Product Development
The beer market size is projected to be valued at US$ 690.0 billion in 2023, and is expected to rise to US$ 996.0 billion by 2033. The sales of beer are expected to record a significant CAGR of 3.7% during the forecast period. The development in desire for premium alcoholic beverages as a result of the increasing …
Continue reading “Cheers to Success: Beer Market Projected to Hit US$ 996.0 Billion by 2033”
The organic spices market is likely to thrive at an average CAGR of 4.5% between 2023 and 2033. The market is anticipated to cross a share of US$ 17.0 billion by 2033 while it is anticipated to be valued at US$ 10.9 billion in 2023. The popularity of organic food goods, including spices, is driving up sales of organic spices in the marketplace. …
The adaptive cruise control market Share is capturing a valuation of US$ 4.1 billion in 2023 and is predicted to reach US$ 13.7 billion by 2033. The market is registering a CAGR of 12.7% during the forecast period. Key Takeaways: The adaptive cruise control market is estimated to capture a CAGR of 12.7% with a valuation of US$ …
The global electric cargo bike market Share is expected to attain a valuation of US$ 2.1 billion in 2023 and is projected to reach US$ 6.2 billion by 2033, expected to rise at a CAGR of 11.4% during the forecast period. Key Takeaways The United States electric cargo bike market is expected to grow with a CAGR …
During the projection period, a strong 4.5% CAGR is predicted for demand in the automotive window regulator market size. According to Future Market Insights (FMI), the market will be worth more than $21.2 billion in 2031. The increased propensity of international manufacturers to outfit their vehicles with a variety of automated capabilities has led to many developments …
A study by Future Market Insights (FMI) on automotive pump market size has forecast it to reach US$ 118.0 Million by the end of 2033, growing at a CAGR of 6.2% over the forecast years (2023-2033) The automotive pump market is expected to witness a significant growth in 2023, thanks to the implementation of various carbon emission …
The global vehicle electrification market share is growing at a CAGR of 10.3% during the forecast period. In the future years, the market for vehicle electrification is expected to expand due to consumer desire for electrified vehicles and an increased focus on environmentally friendly options in autos. Key Takeaways: Due to rapid technological advancement and the expanding …
During the forecast period, the global automotive engineering services market Size share is anticipated to grow at a moderate CAGR of 8.6%. The global market is expected to generate US$ 166.16 billion in sales in 2022 and US$ 348 billion by the end of 2032. Automotive engineering services provide maintenance and troubleshooting for the software, electronics, mechanical, and …
A new market research study by Future Market Insights, the demand in the global automotive control cable market Share is anticipated to generate an absolute dollar opportunity of close to US$ 3.4 billion, expanding at a CAGR of 4.6% by the year 2029. The launch of new car models and the phenomenal rise of the automotive parc …
In 2021, the market for packaging straps and buckles was estimated to be worth roughly US$3.4 billion. Sales of packaging straps and buckles are anticipated to grow at a high CAGR of 5.0%, valued at US$5.7 Bn by 2032. Sales in the packaging straps and buckles market are anticipated to increase by 1.6 times over the forecast …