The global miter saw market value is expected to rise from USD 1,087.6 million in 2024 to USD 1,788.50 million by 2034. This estimated growth is expected to be driven by a moderate CAGR of 4.80% in the miter saw market over the next decade. Home renovation and DIY projects are increasing across the globe. With rising investments to elevate living spaces, miter …
Category Archives: Industrial News
Global Bead Winding Machine Market Size Forecasted to be Valued at USD 1,281.70 Million by 2034, Surging Steadily at 2.5% CAGR
The global bead winding machine market is predicted to capture a valuation of USD 972.4 million in 2024 with a CAGR of 2.50% during the forecast period. The global market is anticipated to secure a valuation of USD 1,281.70 million by 2034. Manufacturers are adopting intelligent and cutting-edge technology to develop automatic bead winding machines for making highly efficient tires that attract end …
FMI Study States Global Wire Compounds and Cable Compounds Market Size to Hit USD 28 Billion Mark by 2033, Surging at 7.2% CAGR
The global wire and cable compounds market is set for remarkable expansion, with projections indicating a market value of USD 13.9 billion in 2023, expected to soar to an impressive USD 28 billion by 2033, fueled by a robust compound annual growth rate (CAGR) of 7.2%. This sector emerges as a vibrant center of innovation and opportunity, offering significant …
FMI Analysis Indicates Global Printed Circuit Boards (PCBs) Market Size to Hit USD 104.8 Billion by 2033, Driven by 5.1% CAGR Growth
The printed circuit boards (PCBs) market is poised for remarkable growth, with projections indicating an extraordinary valuation surpassing USD 104.8 billion by 2033. Fueled by a consistent compound annual growth rate (CAGR) of 5.1% forecasted from 2023 to 2033, this ascent highlights the pivotal role of PCBs in shaping the rapidly evolving technological landscape. Driving this remarkable market expansion …
FMI Analysis States Global Chip Warmer Market Size to Exceed USD 5.1 Billion Mark by 2033, Growing Steadily at 4% CAGR
The global chip warmers market, valued at USD 3.4 billion in 2023, is projected to experience a robust and steady upward trajectory, boasting a compound annual growth rate (CAGR) of 4.0% from 2023 to 2033. By 2033, this market is anticipated to reach a significant milestone of USD 5.1 billion, indicative of the escalating demand for these …
Global MEMS Oscillator Market Set to Surpass USD 1.45 Billion by 2034, Driven by 9.8% CAGR, Amid Rising Adoption in IoT Devices | Future Market Insights, Inc.
The MEMS oscillator market is anticipated to increase at a 9.8% CAGR between 2024 and 2034, from USD 1.45 Billion in 2024 to USD 568.76 Million by 2034, according to a recent analysis. The market is growing due to miniaturization trends and MEMS technology improvements, which are meeting the growing need for dependable, energy-efficient, and compact timing …
Global Air Compressor Filters and Compressed Air Dryers Market Size to Reach USD 10.4 Billion by 2033, Growing at 6.1 % CAGR
The global air compressor filters and compressed air dryers market is positioned for substantial growth, with a projected valuation of USD 10.4 billion by 2033. This expansion is anticipated to occur at a steady Compound Annual Growth Rate (CAGR) of 6.1% from 2023. The market is expected to reach a significant milestone in 2023, with a projected valuation of …
Western Europe Aircraft Ground Support Equipment Industry to Exceed USD 3,569.83 Million by 2034, Amidst Electrification and Automation Trends
The aircraft ground support equipment industry in Western Europe is poised for substantial growth, as revealed in a recent analysis by Future Market Insights (FMI). The report projects a compound annual growth rate (CAGR) of 5.5% from 2024 to 2034, driven by key technological advancements and sustainability initiatives. The market is set to grow from a valuation of USD …
Aircraft Ground Support Equipment Industry in Korea Poised for Remarkable Growth, Reaching USD 208.6 Million by 2034
Future Market Insights (FMI) has released a comprehensive analysis on the aircraft ground support equipment industry in Korea, projecting significant growth over the next decade. The industry, valued at approximately USD 117.7 million in 2024, is expected to achieve a robust CAGR of 5.9% through 2034, reaching an impressive valuation of USD 208.6 million by the end of the forecast period. The rapid …
Global Oil Filled Transformer Market Projected to Drive Past USD 73.98 Billion Revenue by 2033, Driven by 6.5% CAGR
The global oil filled transformer market is on a promising trajectory, reaching a valuation of USD 39.41 billion in 2023 and showing signs of significant growth ahead. Projections anticipate a substantial increase by 2033, with an expected valuation exceeding USD 73.98 billion, driven by a notable Compound Annual Growth Rate (CAGR) of 6.5% over the forecast period. However, …