As per a new market research report on the electrical digital twin market published by Future Market Insights, the sales of electrical digital twin will advance at a CAGR of 12% from US$ 0.9 billion in 2021 to US$ 3.13 billion in 2032. The increased acceptance of innovative technologies such as IoT and cloud for digital twin …
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Ultra Short Base Line Positioning System Market to Display Impressive Growth of 5% CAGR by 2031 | Get Customized Reports
According to a recent market analysis conducted by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ultra-short base line positioning system market is expected to reach US$ 127.7 Million by 2021. Expansion of commercial trade via maritime operations, as well as increased interest in recreational travel, are key trends driving sales of ultra-short base …
Uncovering the Potential of the MENA Industrial Packaging Market: Trends, Growth Opportunities, and Future Outlook by 2027
MENA industrial packaging market is worth US$ 4.5 Billion as of now and expected to reach US$ 6.3 Billion by the year 2027 at a CAGR of 7.0% between 2022 and 2027. Manufacturers of IBCs and drums are continually on the alert, especially given the demand for bulk transportation. Cost effectiveness is one of the …
Disposable Cups Market Size to Upwards US$ 21.1 billion by 2033: Trends, Sustainability Challenges, and Innovations in the Food and Beverage Industry
The global disposable cups market is expected to be valued at US$ 11.6 billion in 2023. It is set to expand at a CAGR of 6.2% from 2023 to 2033. The market is projected to reach a valuation of US$ 21.1 billion by 2033. Future Market Insights (FMI) sees this as an attractive prospect for the sales of disposable cups. Consumer preference for …
Silo Bags Market in North America to Swell US$ 50.8 Million by 2026: Innovations, Opportunities, and Challenges in Bulk Grain Storage
Future Market Insights’ latest report on North America’s silo bags market indicates that undulating prices of raw materials such as polyethylene films is curbing the production of silo bags. The North American silo bags market is estimated at US$ 42.8 Million in 2022 and is projected to reach US$ 50.8 Million by 2026, at a CAGR of 4.8% …
Global Micro CHP Market to Surpass a Valuation of US$ 2 Billion during Forecast 2022 to 2032 | Get Customized Reports
The global micro CHP market is expected to be worth US$ 1 billion by 2022. High efficiency, reduced fuel consumption, and increased power manifestations across applications will drive industry growth, as will strict regulation in the energy sector to reduce extreme climatic conditions. The overall demand for micro CHP is expected to grow at a …
Commercial Booster Pumps Market is Expected to Expand at a 7.6% CAGR during Forecast 2023 to 2033 | FMI
According to estimates, commercial booster pump sales worldwide are likely to reach US$ 5,809 million in 2023. In a detailed industry analysis, the global commercial booster pump market is projected to grow a CAGR of 7.6% and reach US$ 12,084.3 million by 2033. These pumps have an inlet, outlet, motor, and pressure monitoring device that …
Global Automatic Door Control Market is Expected to Grow at a CAGR of 7.8% by 2032 | Says Future Market Insights, Inc.
The global automatic door control market is expected to be worth US$ 24,267.4 million in 2022, growing at a moderate 7.8% CAGR during the forecast period. By 2032, the market is expected to be worth US$ 51,365.6 million. Future Market Insights discovered a historical CAGR of 4.6% during its research. A living body emits infrared …
Smart Labels Market: Transforming the Future of Product Packaging and Consumer Engagement, Enlarge to US$ 24.8 Billion by 2030
The global smart labels market is valued at around US$ 9.5 Billion in 2022, registering Y-o-Y growth of 9.6%. Sales of smart labels are projected to increase at a healthy CAGR of 11.2% and attain a valuation of US$ 24.8 Billion by 2030. Throughout the projected period, the market for smart labels is anticipated to expand significantly. Smart labels are electronic tags that are utilised throughout …
Combating Counterfeits: The Growing Demand for Anti-Counterfeit Pharmaceutical Packaging Solutions by 2027, CAGR of 8.4%
The global anti-counterfeit pharmaceutical packaging market is expected to grow on an opulent note at the rate of 8.4% between 2022 and 2027. It could reach US$ 149.1 Billion by the year 2027. Anti-counterfeit pharmaceutical packaging is an essential tool for safeguarding consumers from counterfeit drugs. The increasing incidences of counterfeit drugs in the market are …