The global market for fire sprinkler systems is expected to reach USD 12,973.4 million USD in 2023. The market is expected to be valued at USD 22,695.8 million by 2033, growing at a CAGR of 5.9%. The market has grown in prominence as the residential and commercial construction sectors have expanded. This tendency is expected to drive up demand …
Category Archives: Business
FMI Analysis Indicates Global Selective Laser Sintering Equipment Market Size to Hit USD 4.2 Billion by 2033, Driven by 18.6% CAGR
The global selective laser sintering (SLS) equipment market revenue is anticipated to reach USD 4.2 billion by 2033, up from USD 765 million in 2023. Future Market Insight estimated a remarkable CAGR of 18.6% for the market between 2023 and 2033. SSLS 3D printing technology is capable of producing complex and customized products with unparalleled accuracy and precision. The …
Global Transformer Tap Changers and Voltage Control Relay Market to Hit USD 2357.1 Million Revenue by 2033, Surging at 4.9% CAGR
The market for transformer tap changers and voltage control relays is anticipated to be worth more than USD 2357.1 Million by 2033. It is predicted to increase by 4.9% yearly. Over the course of the projection period, sales of transformer tap changers and voltage control relays are expected to grow at a respectable CAGR of 4.9%. The market is …
FMI Analysis Affirms USA Hydrogen Electrolyzer Market Revenue to Drive Past USD 790.8 Million Milestone by 2033, Growing at 23.8% CAGR
The USA hydrogen electrolyzer market is poised for remarkable growth, with projections indicating a robust CAGR of 23.8% from 2023 to 2033. By 2033, it is expected to attain a valuation of approximately USD 790.8 million, marking substantial expansion from the anticipated valuation of around USD 93.2 million in 2023. Notably, the demand for polymer electrolyte membrane (PEM) …
FMI Study Affirms United Kingdom Photovoltaic Mounting System Market Share to Exceed USD 1,643.8 Million by 2033, Growing at 8.4% CAGR
The United Kingdom photovoltaic mounting system market has exhibited significant growth, achieving a valuation of USD 678.0 million in 2022. Forecasts indicate a robust compound annual growth rate (CAGR) of 8.4% from 2023 to 2033, propelling the market to reach USD 1,643.8 million by 2033. This trajectory underscores the nation’s steadfast commitment to sustainable energy solutions. Within this thriving …
FMI Study Indicates Global Air Filters Market Size to Exceed USD 30.33 Billion Mark by 2033, Surging at an Average 6.26% CAGR
The global air filters market is on an upward trajectory, poised to surpass the USD 30.33 billion mark by 2033, showcasing a substantial surge from its 2023 valuation of USD 16.53 billion. This remarkable expansion is propelled by a robust Compound Annual Growth Rate (CAGR) of 6.26%, underscoring the persistent demand for efficient air filtration solutions. Once undervalued, air …
Global Absorbent Cover Market Poised for Growth, Expected to Reach USD 3.2 Billion by 2034 | FMI
The global absorbent cover market is projected to grow significantly, reaching an estimated value of USD 2.3 billion in 2024 and anticipated to register a compound annual growth rate (CAGR) of 3.4% through 2034, ultimately reaching USD 3.2 billion. This growth is fueled by increasing patient care activities in the healthcare industry, particularly in elder and infant …
Global Deli Paper Market Set to Reach USD 2,411.5 Million by 2034 with a Steady 4.1% CAGR
The global deli paper market is poised for remarkable growth, with its valuation expected to rise from USD 1,613.5 million in 2024 to an impressive USD 2,411.5 million by 2034. The market is projected to expand at a steady compound annual growth rate (CAGR) of 4.1% during this forecast period, driven by growing consumer preferences …
Global Cold Storage Tape Market to Surpass USD 871 Million by 2034 Amid Rising Demand from Floral and Pharmaceutical Industries
The global cold storage tape market, valued at USD 628 million in 2023, is projected to grow at a CAGR of 3.1% over the forecast period, reaching USD 871 million by 2034. This growth is fueled by increasing demand across diverse industries, including floral, pharmaceutical, logistics, and food and beverage sectors. Key Market Drivers: Floral Industry …
Global Printer Ribbon Market to Reach USD 4.4 Billion by 2034, Driven by High-Quality Printing Needs and Industry Expansion
The global printer ribbon market is poised for growth, projecting a CAGR of 3.2% from 2024 to 2034, with revenues expected to surpass USD 4.4 billion by the end of the forecast period. In 2024, the market revenue stands at USD 3.2 billion, reflecting a steady upward trend driven by rising demand across various industries. Key Takeaways …