According to a Future Market Insights (FMI) report, the street and roadway lighting market is forecasted to garner revenue of US$ 16.4 billion by 2033, up from US$ 9.7 billion in 2023. The market is expected to advance at a CAGR of 5.4% from 2023 to 2033. With the accelerating global urbanization, cities are at the forefront of this transformation, investing in smart city initiatives…
The golf cart market is projected to rise from US$ 1.41 billion in 2023 to US$ 2.07 billion by 2033. According to FMI, the sales of golf carts are predicted to expand at a CAGR of 3.9% during the forecast period. Various factors contribute to the expansion of the golf cart industry. One key factor is the…
Read More “Golf Cart Market Projected to Reach US$ 2.07 Billion by 2033 with 3.9% CAGR Growth” »
The market for motor soft starters is anticipated to be worth US$ 2.3 billion in 2023, advancing at a rate of 4.8% throughout the forecast period to reach US$ 3.7 billion by 2033. The motor soft starters market is witnessing a transformation driven by the integration of Industrial Internet of Things (IoT) technologies. This trend shapes the landscape as industries increasingly…
The global automotive wiring harness market is expected to reach a staggering value of US$ 119.31 billion by 2033, according to Future Market Insight. This projection reflects a CAGR of 8%, highlighting substantial growth compared to the projected value of US$ 55.26 billion in 2023. The automotive industry is experiencing a remarkable trend towards vehicle electrification, driven…
Read More “Automotive Wiring Harness Market Surging to US$ 119.31 Billion by 2033 at 8% CAGR” »
The global men’s grooming product market size to hit US$ 5,805.20 million by 2023. The men’s grooming product sales between 2023 and 2033 are expected to escalate at a CAGR of 8.2%. A valuation of US$ 12,796.30 million is projected for the men’s grooming product demand by 2033. Increasing awareness of personal appearance and well-being and…
In 2023, the industrial rubber products market is poised to surpass the US$ 113.7 billion mark, showcasing substantial growth. Forecasts by Future Market Insights (FMI) project a robust trajectory, with the market anticipated to reach an impressive US$ 214.7 billion by 2033. This expansion is indicative of a commendable 6.6% Compound Annual Growth Rate (CAGR)…
The global mascara applicators market is forecast to reach US$ 31.2 Million in 2022, rising at a CAGR of 5.0% to be worth US$ 50.8 Million from 2022 to 2032. Since individuals are becoming progressively concerned about their personal appearance, companies that manufacture mascara applicators have been innovating new products such as rotary applicators for mascaras in the market. The growing concern about…
The global induction hob market is expected to be worth US$ 19.6 million in 2023. The valuation in 2022 was US$ 18.9 million. The market is anticipated to progress at a promising rate over the period from 2023 to 2033, with a CAGR of 9.5%. By the end of the forecast period in 2033, the value of…
Read More “Induction Hob Market is Expected to Reach US$ 48.7 Million by 2033 at 9% CAGR | FMI” »
The global battery materials industry is poised for significant growth, with projections indicating a surge in value from US$ 57.9 billion in 2023 to an estimated US$ 102.8 billion by 2033. This robust expansion is anticipated to be driven by a compound annual growth rate (CAGR) of 5.9% in the sales of battery components worldwide…
The global dechlorination chemical market value is forecast to increase from US$ 1,451.7 million in 2023 to US$ 2,528.7 million by 2033. Over the assessment period, global demand for dechlorination chemicals is projected to surge at a CAGR of 5.7%. Sulfur-based chemicals segment is expected to dominate the global dechlorination chemical industry through 2033. It…
