FMIBlog – Future Market Insights Blog
5 days ago · The global sensor hub market is expected to exceed $26.3 billion by 2023. By 2033, it is expected to be valued $102.0 billion. Between 2023 and 2033, Elevated demand for durable, energy-efficient, and affordable building products is abetting the growth of the flat glass market. A rising shift in consumer preference for.
FMI Study Affirms Global Electric Motor Market Share to Reach …
Oct 28, 2024 · The global sales of electric motors market are expected to be worth USD 141.6 billion in 2024 and USD 268.2 billion by 2034. Sales are expected to grow at a 6.6% CAGR from 2024 to 2034. The revenue generated by electric motors in 2023 was USD 132.8 billion. The sector is expected to increase by 6.7%
FMI Study Reveals Global Collaborative Robots Market Size to …
Oct 30, 2024 · The global collaborative robots market is expected to grow at a rapid CAGR of 25.1% over the forecast period. Valued at USD 2.2 billion in 2023, the market is projected to soar to USD 20.5 billion by 2033, driven by advancements in robots designed to collaborate with humans in areas like smart parts assembly and electronics production.
FMI Study Indicates Global Solar Microinverter Market Size to Hit …
6 days ago · The global solar microinverter market is poised to achieve an impressive Compound Annual Growth Rate (CAGR) of 18.1% from 2022 to 2032, projecting a valuation surpassing USD 5,716.0 million by the end of the decade. This remarkable surge not only reflects the increasing adoption of solar energy but also underscores the pivotal role that microinverters play in the intricate solar ecosystem.
Transforming Automotive Efficiency: The Rise of Clean Cold …
Oct 29, 2024 · Automotive Clean Cold Technology Market. The automotive clean cold technology market, valued at USD 24.31 billion in 2022, is expected to experience significant growth with a projected compound annual growth rate (CAGR) of 8% from 2022 to 2032.By 2032, the market is anticipated to reach USD 52.49 billion. The automotive industry is on the cusp of a revolutionary change, with the emergence of ...
FMI Report States Global Gas Insulated Substation Market Share …
2 days ago · The global gas insulated substation market is poised for significant expansion, starting from an estimated value of USD 14.6 billion in 2023, according to a comprehensive analysis conducted by Future Market Insights (FMI). Projections indicate substantial growth ahead, with the market expected to achieve a valuation exceeding USD 24.6 billion within the next decade, driven by a robust Compound ...
FMI Forecasts Global Industrial Power Supply Market Projected to …
Oct 24, 2024 · The industrial power supply market is estimated to be worth USD 8.2 billion in 2024 and is projected to be valued at USD 21.5 billion in 2034. Between 2024 and 2034, the industry is poised to rise at a CAGR of 10.1%. The growing integration of industrial automation and the implementation of Industry 4.0 initiatives are contributing to a heightened demand for dependable and efficient power ...
FMI Study Affirms Global Industrial Robotics Market to Reach USD …
Oct 24, 2024 · The global industrial robotics market is experiencing a remarkable surge, with projections indicating a valuation exceeding USD 220 billion by 2033. This unprecedented growth is propelled by a compelling Compound Annual Growth Rate (CAGR) of 18.9% over the ten-year forecast period from 2023 to 2033.
Embedded System Market to Reach US$ 164.51 Billion by 2034 | FMI
Oct 28, 2024 · The Embedded System Market is experiencing significant growth due to the increasing adoption of embedded devices across diverse industries such as automotive, healthcare, and defense. According to Future Market Insights (FMI), the market is expected to grow from a valuation of US$ 90.11 billion in 2023 to an anticipated US$ 164.51 billion by 2034, showcasing a compound annual growth rate (CAGR ...
FMI Analysis Indicates Global Commercial Refrigeration …
5 days ago · The commercial refrigeration compressors market is poised for significant expansion, with a consistent Compound Annual Growth Rate (CAGR) of 4.3% projected. By 2033, it is anticipated to achieve an impressive valuation of USD 58,940.03 million, marking a substantial progression from its 2023 value of USD 38,687.2 million, according to …