During the forecasted period, the outbound tourism sector in Japan is anticipated to experience a compound annual growth rate (CAGR) of 27.1%. The ecosystem’s value is forecasted to escalate from USD 5,271.0 million in 2023 to USD 57,856.2 million by 2033. As of the conclusion of 2022, Japan’s outbound tourism revenue stood at USD 3,670.0 …
Category Archives: Business
APAC Automotive Telematics Market is expected to reach US$ 414.5 billion by 2033
The APAC automotive telematics market is expected to be worth US$ 93.9 billion in 2023, rising to US$ 414.5 billion by 2033. From 2023 to 2033, APAC automotive telematics sales are predicted to expand at a 16% CAGR. The APAC automotive telematics market increased significantly between 2018 and 2022, owing to increasing technical breakthroughs and …
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Kid Snacks Market Poised for Explosive Growth at 7.8% CAGR, Reaching $131.7 Billion by 2033: Invest in the Future of Healthy & Fun Options
Kid Snacks Market The kid snacks market is predicted to develop at an impressive 7.8% CAGR from 2023 to 2033, preceding the lower 2.7% CAGR witnessed between 2018 and 2022. This significant rise shows the rise in demand for the Kid Snacks market, increasing the market value from US$ 61870.9 million in 2023 to US$ 131706.7 million …
China’s Outbound Tourism Industry Embraces Outdoor and Adventure Travel Trends across Exotic Destinations. FMI Projects a USD 915.89 billion Industry Valuation by 2034.
According to Future Market Insights, the adoption of outbound tourism in China is likely to witness a significant surge, with its size expected to increase from USD 239.38 billion in 2024 to USD 915.89 billion by 2034. Over the next decade, a promising 14.40% CAGR in the demand for outbound tourism from China is projected …
Automotive ECU Market Worth US$ 22.8 billion by 2033
The automotive ECU market is expected to record a CAGR of 4.7% during the forecast period. The market is anticipated to cross a market share of US$ 22.8 billion by 2033, while it holds a revenue of US$ 14.4 billion in 2023. The demand for automotive ECU rises with the increasing safety norms, rising sales of …
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Electric Vehicle Sensor Market to Hit US$ 49,392.50 million by 2034
The electric vehicle sensor market is slated to have a valuation of US$ 10,725.11 million in 2024. The greater number of electrical vehicles on the road is signaling positive things for the EV sensor market. As demand for sustainability grows, the electric vehicle sensor market is thriving alongside the EV sector. The electrical vehicle sensor …
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Pressure Switch Market worth USD 3.5 billion by 2034
The pressure switch market is expected to be valued at USD 2.1 billion in 2024. The market is expected to progress at a CAGR of 5.1% from 2024 to 2034. By 2034, the market value is forecasted to hit USD 3.5 billion. The pressure switch market is growing hand in hand with HVAC systems. HVAC …
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Zinc-Air Batteries Market Projected to Reach US$ 3.5 Billion by 2033
The Zinc-Air Batteries Market is poised for substantial growth, with an estimated Compound Annual Growth Rate (CAGR) of 5.7% over the forecast period from 2023 to 2033. The market size for zinc-air batteries is predicted to experience significant expansion, expected to increase from US$ 2.0 Billion in 2023 to reach US$ 3.5 Billion by 2033. …
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Art Tourism Market: Market Valuation Reaching USD 52.42 Billion by 2032 – Direct Contribution of Tourism to GDP
As per a recent market analysis by Future Market Insights (FMI), art tourism market is poised to reach a valuation of USD 43 Billion in 2022. Sales are projected to increase at a 2% CAGR, with the market size reaching USD 52.42 Billion by 2032. The art tourism market is experiencing a vibrant renaissance, fueled by a growing desire for cultural immersion. This …
Zero Emission Vehicle Market Poised to Register 25.4% CAGR through 2033
The global zero emission vehicle market is valued at US$ 248 billion as on 2023. The market is expected to grow at a CAGR of 25.4% during the forecast period, and is anticipated to reach a valuation of US$ 2,384.66 billion by 2033. One of the key factors that has led to an increase in …
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