Category Archives: Press Release

Automotive Sensors Market Projected to Register 7.2% CAGR by year 2031

The automotive sensor demand will continue rising through 2021 with worldwide demand projected to increase by 5.5% year over year. As per Future Market Insights (FMI), automotive sensor market revenues generation will increase at a ten-year compound annual growth rate (CAGR) of 7.2%, as the automotive production recovers after bucking scepticism about how the market would perform post pandemic. NXP Semiconductors …

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E-Rickshaw Market worth $27.5 billion by 2032 | FMI

As per the report published by FMI, the global e-rickshaw market is projected to have a rapid-paced CAGR of 31.8% during the forecast period. The current valuation of the market is US$ 1.71 Billion in 2022. The market value of e-rickshaw is anticipated to reach a high of US$ 27.5 Billion by 2032. E-rickshaws are widely acknowledged …

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Automotive Plastics Market Set to Witness an Uptick Size US$ 45 Billion to 2032

According to the study at Future Market Insights (FMI), the global automotive plastic market is expected to secure US$ 28.5 Million in 2022 and reach US$ 45 Billion by 2032. During the forecast period from 2022-2032, the market is likely to display a CAGR of 4.67%. The growth of the market can be attributed to …

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Explore the Ambulance Power Inverter Market worth $112 billion by 2032 at a CAGR of 5.5% | FMI

The global ambulance power inverter market is set to witness an impressive growth rate of 5.5% from 2022 to 2032. The ambulance power inverter market size is anticipated to reach a valuation of around US$ 112 Billion by the end of the year 2032 from the current valuation of US$ 64 Billion in 2022. Until 2020, the …

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Sulfuric Acid Market Worth US$ 25.62 Billion By 2032 | CAGR 3.4% – By FMI

According to research conducted by Future Market Insights on global sulfuric acid market, demand for sulfuric acid is set to grow at a moderate CAGR of 3.4% between 2022 and 2032, reaching a valuation of US$ 25,623.0 Mn by the end of the forecast period (2032). The market has been significantly influenced by certain macro-economic …

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Hydroxyapatite Market Worth US$ 996.4 Mn by 2032, Growing at a CAGR of 7.6% From 2022

The global hydroxyapatite market size is expected to grow from US$ 480.2 Mn in 2022 to US$ 996.4 Mn by 2032, exhibiting a CAGR of 7.6% throughout the forecast period (2022-2032). Rising demand from dental, orthopedic & surgical applications is a key driving growth in the global hydroxyapatite market. Over the years, there has been a sharp rise in demand for dental and …

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Fiberglass Market to Achieve A High CAGR Of 4.3% During Forecast Period -2028

According to the global fiberglass market report, the rovings segment by product type is expected to dominate the overall market accounting for over 57% revenue share by 2028-end. The fiberglass (glass fiber) market is expected to register a CAGR of 4.3 % during the forecast period (2022 – 2028). The global fiberglass (glass fiber) market is expected to expand at a CAGR …

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Polysilicon Market- This is How Leading Companies Are Dominating the Global Market

The global polysilicon market is anticipated to hold a valuation of US$ 8.5 Bn in 2022, and progress at a steady CAGR of 5.6% to attain an estimated net worth of US$ 11.8 Bn by 2028. The widespread installations of solar photovoltaics (PV) are expected to drive the demand for silicon products. As the popularity of solar energy generation increases, demand …

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Asia Pacific Is Expected To Lead The Global Poultry Keeping Machinery Market In Terms Of Market Value, Hold Nearly 39.5% Share In The Global Market

The global poultry keeping machinery market is set to be valued at around US$ 5.09 Bn in 2022, registering Y-o-Y growth of 3.2%. The market is projected to increase at a CAGR of 3.6% and attain a valuation of US$ 6.54 Bn by 2028. The study primarily credits rising poultry meat consumption with the market for poultry-keeping equipment’s promising future. The study found that areas like Latin …

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Rising Adoption of Automation Across Oil & Gas Companies Fueling Oil & Gas Terminal Automation Market Growth in the U.S

Rising demand for energy across the globe along with increasing investments in terminal automation solutions is expected to provide a strong thrust to the growth of the oil & gas terminal automation market during the forecast period. The global oil & gas terminal automation market size was valued at US$ 1258.0 Mn in 2021 and is likely to surpass …

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