The global molded pulp packaging machines market is poised to achieve a valuation of US$ 590.8 million in 2023 and is projected to grow at a steady CAGR of 3.5% to reach US$ 833.4 million by 2033. According to Future Market Insights (FMI), the trays segment is expected to dominate the market, driven by high demand for …
Category Archives: Business
Smart Card IC Market to receive overwhelming hike US$ 6.5 billion in Revenues by 2034: Exclusive Report by FMI
By 2024, the smart card integrated circuit market is projected to be worth US$ 3.3 billion. From 2024 to 2034, the market is expected to grow at a compound annual growth rate (CAGR) of 6.8%, up from 9.0% in 2023. The market value is expected to reach US$ 6.5 billion by 2034. Demand for smart card integrated …
Explosive Growth Predicted for Synthetic Data Generation Market, Projected to Reach $13 Billion by 2034
The integration of synthetic data generation market with renewable energy systems is expected to propel the worldwide industry to a worth of US$ 0.3 billion by 2024. The market is predicted to see new possibilities as a result of the trend, with a predicted CAGR of 45.9% between 2024 and 2034 and a total worth of around …
LoRa and LoRaWAN IoT Market Projected to Skyrocket to $119.5 Billion by 2034 with 35.6% CAGR – FMI Study
The LoRa and LoRaWAN IoT market is predicted to be valued at US$ 5.7 billion in 2024 and US$ US$ 119.5 billion by 2034. Over the projection period, the LoRa and LoRaWAN IoT market is expected to surge at a CAGR of 35.6%. A notable driver is the increasing adoption of smart agriculture solutions powered by LoRa …
Satellite Launch Vehicle Market Projected to Surge at 13.9% CAGR, Reaching $76.8 Billion by 2034
The satellite launch vehicle market is expected to be valued at US$ 20.9 billion in 2024. The market is projected to progress at a CAGR of 13.9% from 2024 to 2034. By 2034, the market value is forecasted to hit US$ 76.8 billion. The satellite launch vehicle is experiencing a surge in demand due to the increasing need for satellite …
Circuit Monitoring Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2024-2034
By 2024, it is projected that the circuit monitoring market would be worth US$ 0.76 billion. With a compound annual growth rate of 6.4%, the market valuation is predicted to reach US$ 1.4 billion by 2034. The market is expanding significantly as a result of many sectors placing a greater focus on operational dependability, energy efficiency, and …
Wearable Sensor Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2024-2034
The wearable sensor market is poised to cross US$ 1.6 billion in 2024 and is likely to attain a valuation of US$ 11 billion by 2034. The wearable sensor market size is projected to thrive at a staggering CAGR of 21.1% from 2024 to 2034. The increased need for remote patient monitoring systems in the healthcare sector …
Electronic Film Market to Reach $10.8 Billion in 2024, Projected to Double by 2034 with a 7.2% CAGR
The growing need for advanced electronics and displays will likely drive the electronic film market business to grow dramatically. One key element driving market expansion is the growing usage of flexible and foldable screens in wearables, tablets, and smartphones. The expanding trend of organic light-emitting diode technology and advancements in transparent conductive films are helping to improve …
Command and Control System Market In-Depth Analysis with Booming Trends Supporting Growth and Forecast 2024-2034
Collaborative decision-making platforms are expected to drive the worldwide command and control systems industry to a US$ 38.3 billion valuation by 2024. The trend is expected to open up new opportunities for the market, which is expected to grow at a CAGR of 7.2% between 2024 and 2034 and reach a total value of around US$ 77.0 …
Smart Packaging Solutions is Pushing Product Authentication and Brand Protection toward a US$ 6.5 billion Market Valuation by 2034
The authentication and brand protection market is poised for significant growth, with its size expected to increase from US$ 2.9 billion in 2024 to US$ 6.5 billion by 2034. Over the next decade, a promising 8.3% CAGR in the adoption of authentication and brand protection is projected to drive this expansion. The market is set to grow because more …