The global lightning arrester market stands poised for significant expansion, with anticipated valuation of USD 876.3 million in 2024, marking the onset of substantial growth over the next decade. Forecasts project a remarkable ascent to USD 1627.2 million by 2034, indicating a robust Compound Annual Growth Rate (CAGR) of 6.4%. Lightning arresters, often overlooked yet indispensable, assume a pivotal …
Author Archives: Pranali Shahapurkar
FMI Projection States Global Mining Hoses Market Size to Exceed USD 837 Million Mark by 2034, Surging at an Average 6.6% CAGR
The global mining hoses market is projecting a robust Compound Annual Growth Rate (CAGR) of 6.6% from 2024 to 2034, ultimately reaching an impressive USD 837 million by 2034. A key catalyst propelling this growth is the rapid expansion of construction operations worldwide. As burgeoning economies embark on extensive projects, the demand for mining hoses is expected to experience a …
Global Digital Pump Market Revenue Share Anticipated to Surge Past USD 20.5 Billion Mark by 2032, Surging at 6.1% CAGR
The global digital pump market is envisioning a substantial Compound Annual Growth Rate (CAGR) of 6.1% from 2022 to 2032. This upward momentum is set to elevate the market to remarkable heights, projecting a valuation of USD 20.5 billion by 2032, marking a significant increase from its 2022 valuation of USD 11.3 billion. At the heart of this surge …
Global Vertical Immersion Pumps Market Size Poised to Reach USD 6,050.8 Million by 2033, Surging at 3.7% CAGR | FMI Analysis
The global vertical immersion pumps market is on a robust growth trajectory, with projections indicating a CAGR of 4.8% over the period from 2023 to 2033. In 2023, the market size was valued at USD 3,786.2 million, and by 2033, it is expected to surge to USD 6,050.8 million, driven by increasing industrial demand, technological advancements, and the …
FMI Analysis Affirms Global Anechoic Chamber Market Value Estimated to Reach USD 6.64 Billion by 2033, Surging at a Robust 16.2% CAGR
The global anechoic chamber market is experiencing explosive growth, with a projected valuation of USD 6.64 billion by 2033. This significant expansion is fueled by a remarkable Compound Annual Growth Rate (CAGR) of 16.2%, building upon a market value of USD 1.4 billion in 2023. The growth of the anechoic chamber market is directly linked to the ever-increasing demand …
FMI Study States Global Automated Material Handling Systems Market Share to Reach USD 81.8 Billion by 2033, Registering 9.2% CAGR
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 …
Pulmonary Arterial Hypertension (PAH) Treatment Industry to Reach USD 7,224.4 Million by 2033 at a 2.2% of CAGR, Supported by Advancements in Therapies and Healthcare Accessibility
The global pulmonary arterial hypertension (PAH) treatment market is projected to grow from USD 5,811.5 million in 2023 to USD 7,224.4 million by 2033, expanding at a CAGR of 2.2% over the forecast period. The market’s steady growth is driven by increased awareness, improved accessibility to treatments, and the integration of complementary therapies alongside traditional pharmaceuticals. Pulmonary …
Muscle Stimulation Devices Industry to Reach USD 996.7 Million by 2033 at a 3.3% of CAGR, Driven by Advancements in Technology and Growing Focus on Fitness and Rehabilitation
The global muscle stimulation devices market, valued at USD 720.4 million in 2023, is anticipated to grow at a CAGR of 3.3%, reaching USD 996.7 million by 2033. Increasing adoption in fitness, sports, physical therapy, and pain management is fueling market expansion, supported by continuous technological advancements. Muscle stimulation devices are gaining traction among athletes …
Whole Genome Amplification Industry to Surpass USD 6.5 Million by 2034 at a 8.1% of CAGR, Driven by Rising Demand for Genetic Data Collection and Research Advancements
The global whole genome amplification (WGA) market is set for robust growth, with its valuation expected to increase from USD 2.9 million in 2024 to over USD 6.5 million by 2034, at a CAGR of 8.1% during the forecast period. This surge is driven by the rising demand for comprehensive genetic data collection and mapping …
Magnetic Flow Meter Market to Surpass USD 5 Billion by 2032 Amid Rising Usage in Water and Wastewater Treatment Plants | Report by Future Market Insights, Inc.
The global magnetic flow meter market value is set to increase from USD 2.6 billion in 2022 to USD 5 billion by 2032. Overall magnetic flow meter sales in the global market will rise at 6.6% CAGR through 2032. Water and wastewater treatment will remain the top-revenue generation application for the market. This is due to rising adoption of magnetic flow meters across …