The global PV inverter market, valued at USD 1.5 billion in 2023, is projected to grow at a CAGR of 6.4%, reaching over USD 2.8 billion by 2033. This growth is propelled by the increasing adoption of renewable energy, frequent power outages, and emerging technologies. Urbanization and government-led initiatives also play significant roles in expanding …
Category Archives: Business
Fruit Concentrate Puree Industry to Grow at 7.2% Annually Through 2034: FMI
The fruit concentrate puree market is evaluated to be sized at USD 1,932.0 million in 2024. During the period from 2024 to 2034, the market is expected to progress at a healthy clip, registering a CAGR of 7.2%. By 2034, the fruit concentrate puree market is anticipated to have reached a value of USD 3,882.2 million. Fruit Concentrate Puree Market …
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Organic Friction Modifier Additives Market Set for Robust Growth, Driven by Demand Across Automotive and Industrial Applications
The Organic Friction Modifier Additives Market is on a solid growth trajectory, fueled by increasing demand for efficient and sustainable lubrication solutions across various sectors, particularly in automotive and industrial applications. This market is expected to expand significantly, driven by the need for performance-enhancing additives in lubricants and engine oils, as industries seek to …
Transportation Coating Market: Growing Demand for Durability and Aesthetics Fuels Expansion
The transportation coating market is set to experience significant growth as increasing demand for high-performance coatings, driven by the need for durability, aesthetics, and environmental regulations, propels market expansion across the globe. Market Overview: The transportation coating market is projected to expand substantially over the next decade, fueled by a surge in demand for durable, …
Portable Inverter Generators Market Projected to Reach USD 3.5 Billion by 2033 as Demand for Efficient Power Solutions Grows
The portable inverter generators market, valued at USD 1.9 billion in 2023, is anticipated to expand to USD 3.5 billion by 2033, achieving a CAGR of 6.3% over the forecast period. This growth is driven by rising demand for reliable, efficient, and portable power sources across applications like outdoor activities, residential use, and emergency backup. …
India Alcohol Market on Track for Rapid Growth, Projected to Reach USD 112.3 Billion by 2034: FMI
Alcohol Industry Analysis in India is poised for substantial growth, with a projected valuation of USD 112,338.9 million by 2034, marking a significant rise from USD 55,840.0 million in 2024. India’s Spirits Market to Reach a Projected Valuation of USD 50.55 Billion by 2034 Amid Shifts in Demographics and Lifestyle Trends India’s alcohol industry is experiencing rapid growth …
Driving Protection Gear Market to Reach USD 13.0 Billion by 2033, Growing at a CAGR of 4.9%
The global driving protection gear market is experiencing a significant growth trajectory, with an estimated value of USD 8.4 billion in 2023. This market is forecasted to expand at a compound annual growth rate (CAGR) of 4.9%, reaching USD 13.0 billion by 2033. As road safety awareness continues to grow and stricter government regulations are …
Rising Demand in Paper and Plastics Fuels Carbonate Mineral Market Growth: Reach USD 106.56 Billion by 2034
The carbonate mineral market is projected to grow at a CAGR of 5.90% from 2024 to 2034, with its total value expected to reach USD 106.56 billion by the end of the forecast period. This growth is driven by increasing demand across various industries, including construction, automotive, and agriculture, where carbonate minerals are widely used …
Medium Voltage Drives Market to Exceed USD 2,439.7 Million by 2033, Driven by Industrial Growth and Demand for Energy Efficiency
The medium voltage drives market, valued at USD 1,680.2 million in 2023, is projected to grow at a CAGR of 3.8%, reaching over USD 2,439.7 million by 2033. This growth is fueled by the rising adoption of renewable energy, stringent energy-efficiency regulations, and a need for sustainable systems. Rapid urbanization, industrial expansion in emerging markets, …
Global Period Panties Market to Surge to USD 810 Million by 2034, Driven by Rising Demand for Sustainable and Comfortable Menstrual Products
According to the latest research by Future Market Insights (FMI), the global period panties market, valued at USD 169.7 million in 2024, is projected to experience a significant growth trajectory, reaching USD 810.0 million by 2034. This represents a remarkable compound annual growth rate (CAGR) of 16.9% from 2024 to 2034. The period panties market …