Press Releases from Fact.MR (44483 total)
Forged Automotive Component Market Poised to Reach US$ 82.78 Billion at a 4.9% C …
The global forged automotive components market is expected to reach a valuation of US$ 51.3 billion by 2024. Forecasts suggest a steady growth trajectory, with demand for these components projected to increase at a CAGR of 4.9%, reaching US$ 82.78 billion by the end of 2034.
Forged automotive components undergo a manufacturing process known as forging, which enhances their strength, durability, and overall performance. This process involves shaping metal through localized…
Wireless Fetal Monitoring System Market Forecasted to Cross US$ 3,593.7 Million …
The wireless fetal monitoring systems market in North America is poised for significant expansion, with a projected Compound Annual Growth Rate (CAGR) of 6.5% through 2034. This growth is driven by increased demand in key countries like the United States and Canada. By 2024, the United States is anticipated to dominate the wireless fetal monitoring system industry, capturing approximately 78.0% of the market share.
The estimated size of the global wireless…
Patient Positioning Accessories Market Predicted to Reach US$ 4,623.3 Million at …
The Patient Positioning Accessories market in North America reached a value of US$ 1,121 million in 2024, commanding a significant revenue share of 23.50%. This market segment is anticipated to sustain steady growth, with a projected Compound Annual Growth Rate (CAGR) of 3.30% through 2034. Meanwhile, the United States' patient positioning accessories industry is estimated to be valued at US$ 995 million in 2024, with an anticipated demand growth at…
Checkweigher Machine Market is Expected to Achieve USD 813.3 Million at CAGR of …
The 𝐜𝐡𝐞𝐜𝐤𝐰𝐞𝐢𝐠𝐡𝐞𝐫 𝐦𝐚𝐜𝐡𝐢𝐧𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 in North America is poised for steady growth, with a projected Compound Annual Growth Rate (CAGR) of 2.9% expected until 2034. This growth is primarily fueled by the rising demand for automatic checkweighers within industrial automation systems, aimed at enhancing operational efficiency.
The checkweigher machine market is set to achieve a size of US$ 629.2 million by 2024, with a projected steady compound annual growth rate (CAGR)…
Anti-block Additive Market Size Estimated to Reach US$ 1,595.1 Million at a CAGR …
The 𝐚𝐧𝐭𝐢-𝐛𝐥𝐨𝐜𝐤 𝐚𝐝𝐝𝐢𝐭𝐢𝐯𝐞 𝐦𝐚𝐫𝐤𝐞𝐭 in North America is set for significant expansion, with a projected Compound Annual Growth Rate (CAGR) of 5.3% through 2034. This growth is driven by increasing demand for anti-block additives in key countries, particularly the United States and Canada. By 2034, the United States is anticipated to lead the market, commanding a share of 72.5%.
The global anti-block additive market is forecasted to grow steadily at a…
In-Line Transit Time Ultrasonic Flow Meter Market is Projected to Hit US$ US$ 94 …
The global 𝐈𝐧-𝐋𝐢𝐧𝐞 𝐓𝐫𝐚𝐧𝐬𝐢𝐭 𝐓𝐢𝐦𝐞 𝐔𝐥𝐭𝐫𝐚𝐬𝐨𝐧𝐢𝐜 𝐅𝐥𝐨𝐰 𝐌𝐞𝐭𝐞𝐫 𝐦𝐚𝐫𝐤𝐞𝐭 in North America is positioned for remarkable expansion, with a steady Compound Annual Growth Rate (CAGR) of 6.50% forecasted until 2034. This growth is primarily driven by heightened demand for In-Line Transit Time Ultrasonic Flow Meters in key countries within the region, particularly the United States and Mexico.
The in-line transit time ultrasonic flow meter market is forecasted to achieve a market…
Demand for Driver Alert System Market is forecasted to reach a value of US$ 132. …
According to a recent market study by Fact.MR, the Driver Alert System market reached a size of US$ 30.97 billion in 2022. The study reveals a remarkable compound annual growth rate (CAGR) of 15.8% from 2018 to 2022, reflecting strong worldwide demand for driver alert systems. Projections indicate that the market is poised for further expansion, with an anticipated CAGR of 14.1% expected to propel it to a value of…
Sales of Metagenomic Sequencing Market is projected to increase at a CAGR of 17. …
According to the Metagenomic Sequencing Market analysis report by Fact.MR, the global revenue for the Metagenomic Sequencing Market in 2022 was recorded at US$ 1.2 Billion. With a projected growth rate of 17.6% from 2023 to 2033, the market is anticipated to achieve a valuation of US$ 7.1 Billion by the conclusion of the forecast period.
Market Dynamics
Increasing Demand for Microbiome Research: The burgeoning interest in microbiome research across diverse sectors…
Demand for the Grass-fed Collagen Market is projected to reach a value of US$ 27 …
According to a market analysis report by Fact.MR, global sales of grass-fed collagen reached US$ 113.1 million in 2022. The market is projected to experience a growth of 8.6% from 2023 to 2033, aiming to achieve a valuation of US$ 279.6 million by the conclusion of the forecast period.
Market Dynamics:
The demand for grass-fed collagen is primarily driven by several factors. Firstly, consumers are becoming more health-conscious and are actively seeking…
Demand for District Heating Market is forecasted to reach a value of US$ 265.24 …
The district heating market achieved a valuation of US$ 179.19 billion in 2023 and is projected to expand at a Compound Annual Growth Rate (CAGR) of 4%. This growth trajectory indicates that the global demand for district heating solutions is expected to reach a market size of US$ 265.24 billion by the end of 2033.
Market Dynamics:
The district heating market dynamics are underpinned by a convergence of factors, prominently including environmental…
Hydrogen Vehicles Market Soars: Reaching US$ 35.26 Billion in 2022, Predicted to …
According to Fact.MR, the global hydrogen vehicles market expanded at an exceptionally high CAGR of 91.6% from 2018 to 2022. Worldwide demand for hydrogen vehicles reached a value of US$ 35.26 billion in 2022. The global market is forecasted to surge ahead at a CAGR of 30.8% and reach a size of US$ 675.19 billion by the end of 2033.
The global automotives industry is undergoing a transformative shift towards sustainable…
Surimi Industry Analysis in Middle East & Africa reach a value of reach US$ 76.4 …
Surimi sales in the Middle East and Africa are expected to reach US$ 46.6 million in 2024, increasing at a 5% CAGR over the next ten years (2024-2034). The Middle East and Africa market is expected to be worth $76.4 million by the end of 2034.
The Surimi industry in the Middle East & Africa has undergone significant developments, reflecting the region's increasing appetite for diverse and innovative seafood products. Surimi,…
Solar Surge: Photovoltaics Market Set to Hit $155 Billion by 2033, Growing at 6% …
The photovoltaics market is expected to reach US$ 155 billion by the end of 2033 at a CAGR of 6% from its current value of US$ 90 billion in 2023.
In recent years, the photovoltaics (PV) market has undergone a remarkable metamorphosis, becoming a key player in the global movement toward renewable energy sources. The photovoltaic effect allows photovoltaics, also known as solar panels or solar cells, to capture sunlight and…
Water Treatment Membrane Market to Reach $18.83 Billion by 2033 - Fact.MR Analys …
According to the recent industry analysis by Fact.MR, the global water treatment membrane market size has reached a size of US$ 8.16 billion in 2023 and is projected to expand rapidly at a CAGR of 8.7% to reach US$ 18.83 billion by the end of 2033.
Water is the essence of life, and ensuring its purity and availability is a global imperative. In the pursuit of clean and safe drinking water,…
Online Tutoring Market Size to Surpass US$ 27.63 Billion by 2034, at 12.7% CAGR
The global online tutoring market is anticipated to reach $8.36 billion by 2024. Worldwide revenue from online tutoring services is predicted to expand at a 12.7% CAGR to US$ 27.63 billion by the end of 2034.
The Online Tutoring market has witnessed a transformative surge, becoming an integral component of the global education landscape. Facilitated by advancements in technology, online tutoring has transcended geographical boundaries, connecting students with expert educators from…
Thermochromic Pigments Market: Forecasted Growth to $880 Million by 2033 at a 5. …
The global thermochromic pigments market stands at US$ 517 million in 2023 and is projected to reach US$ 880 million by 2033-end, expanding at a CAGR of 5.5% from 2023 to 2033, according to the last market study by Fact.MR.
Introduction: The world of pigments has undergone a transformative shift with the advent of thermochromic pigments, revolutionizing the way colors interact with temperature changes. These innovative pigments have found a myriad…
Baby Teat Market Projected to Reach $1.62 Billion with 5.1% CAGR by 2034
The global baby Teat market is expected to be worth $ 984 million in 2024, with a compound annual growth rate (CAGR) of 5.1%. It is projected to reach $1.62 billion by 2034.
The Baby Teat market plays a pivotal role in meeting the essential needs of infants, offering parents a range of options to ensure their little ones' comfort and nourishment during feeding. Comprising a variety of materials, shapes, and…
Critical Care Equipment Market Expected to Reach $88.2 Billion by 2033
In 2023, the critical care equipment market achieved a valuation of US$ 31.6 billion, with a projected robust compound annual growth rate (CAGR) of 10.8% over the subsequent decade. By the year 2033, global demand for critical care equipment is anticipated to soar, reaching a substantial market value of US$ 88.2 billion.
Market Dynamics:
The critical care equipment market is propelled by several key factors. Firstly, the rising prevalence of chronic diseases,…
Mineral Supplement Market is Estimated to Grow US$ 29.56 Billion by 2034
The global mineral supplement market was valued at US$ 19.21 billion in 2024 and is predicted to expand to US$ 29.56 billion by 2034, with a 4.4% CAGR between 2024 and 2034. This market is an important segment within the larger category of health and wellness products, and it is growing rapidly as more customers value proactive approaches to their health.
The Mineral Supplement market occupies a significant space in the…
Sales of Microgrids Market is projected to increase at a CAGR of 15% through 203 …
The global demand for microgrids is expected to experience robust growth, with a projected double-digit Compound Annual Growth Rate (CAGR) of 15% from 2023 to 2033. In 2023, the market size for microgrids worldwide stood at US$ 24 billion, and it is forecasted to reach US$ 98 billion by the year 2033.
Market Dynamics:
Microgrids have emerged as a disruptive force in the energy sector, offering decentralized and resilient power solutions. The…
Strategies for Thriving in Plant-Based Protein Supplement Industry worth US$ 1.9 …
In recent years, there has been a notable shift in dietary preferences and lifestyle choices, with an increasing number of individuals embracing plant-based nutrition. This trend has paved the way for the burgeoning growth of the plant-based protein supplement industry, offering consumers a viable alternative to traditional animal-derived protein sources.
By the end of 2034, the market for plant-based protein supplements is expected to have grown from its predicted US$ 1.12…
Golf Equipment Market is Forecasted to Reach a Value of US$ 29.3 Billion by 2034
The global golf equipment market is anticipated to be valued US$ 18.34 billion in 2024, increasing to US$ 29.3 billion by 2034, with a CAGR of 4.8% between 2024 and 2034.
The Golf Equipment market stands as a testament to the enduring popularity of the sport and the constant evolution of tools and gear that enhance the golfing experience. From clubs to balls, attire, and accessories, the market encompasses a wide…
Closed Heel Nursing Shoes Market is Expected to reach US$ 13.39 Billion by 2034
The global closed heel nursing shoes market is anticipated to be valued $9.31 billion in 2024, growing at a 3.7% CAGR to $13.39 billion by the end of 2034.
The Closed Heel Nursing Shoes market has emerged as a critical segment within the healthcare industry, addressing the specific footwear needs of nursing professionals. These specialized shoes are designed with a closed heel to provide enhanced support, comfort, and protection during long…
Prostate Cancer Diagnostics: Adapting to the Surge in Incidence Rates| North Ame …
Prostate cancer continues to be a significant health concern globally, with millions of men affected each year. In the realm of oncology, early detection plays a pivotal role in improving treatment outcomes and enhancing patients' quality of life.
This is where the importance of prostate cancer diagnostics comes to the forefront, offering a pathway to timely intervention and personalized care.
Prostate cancer ranks sixth globally in terms of cancer incidence, according…
Can Coatings Market to Hit $3.3 Billion by 2032 with a Remarkable 3.3% Projected …
Global sales of can coatings in 2021 was held at US$ 2.3 Billion and reach a market valuation of US$ 3.3 Billion by 2032-end. With 3.3%, the projected market growth during 2022 - 2032 is expected to be significantly higher than the historical growth.
The can coating market plays a vital role in the packaging industry, ensuring the safety, preservation, and visual appeal of canned products. Coating materials protect cans from…
Ultrafiltration Market Set to Soar from $2.96B to $10.97B by 2033, Reveals Fact. …
The global ultrafiltration market stands at US$ 2.96 billion in 2023 and is projected to reach US$ 10.97 billion by 2033. According to Fact.MR, worldwide demand for ultrafiltration technologies is expected to increase at a high-value CAGR of 14% from 2023 to 2033.
The ultrafiltration market has been experiencing remarkable growth in recent years, driven by the increasing demand for clean water and the need to address global water scarcity issues.…
Sales of Water Purifier Systems are projected to rise at a CAGR of 9.3% from 202 …
The water purifier market has emerged as a vital industry driven by increasing concerns about water quality and safety. With a rising awareness of pollutants, contaminants, and impurities in water sources, consumers are seeking reliable solutions to ensure access to clean and safe drinking water.
Water purifiers encompass a diverse range of technologies, from activated carbon and reverse osmosis to UV sterilization and gravity-based filtration systems. The market caters to…
Hardware Acceleration Market is forecasted to reach US$ 177 billion by the end o …
According to a recently released research report by Fact.MR, a provider of market research and competitive intelligence, the global Hardware Acceleration Market is valued at US$ 2.87 billion in 2023. The market is expected to witness an extraordinary compound annual growth rate (CAGR) of 51% through 2033, driven by the widespread adoption of various data accelerators across a diverse range of enterprises.
For further insights into the market, a sample of…
Sales of Sodium Diacetate are predicted to increase at a CAGR of 5.9% From 2023 …
The global sodium diacetate market is positioned at US$ 614.34 million in 2023 and is expected to attain a valuation of US$ 1.1 billion by 2033, exhibiting robust growth at a CAGR of 5.9%, as per a recent study by Fact.MR, a provider of market research and competitive intelligence.
Sodium diacetate is primarily used as a food additive. It serves as a preservative and flavor enhancer in various food products. Its…
Glucose Syrup is predicted to reach US$ 6.9 billion by the end of 2033
The global market for glucose syrup is projected to grow at a compound annual growth rate (CAGR) of 5% from 2023 to 2033, with expected worldwide sales reaching a market value of US$ 6.9 billion by the end of 2033. Functioning as a distinctive culinary ingredient, glucose syrup possesses unique properties that can enhance the application of white sugar.
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Manufactured from sources such as…
Demand for Skin Packaging Solutions is predicted to increase at a CAGR of 4% thr …
The value of the global skin packaging market is US$ 10.2 billion in 2023. Worldwide demand for skin packaging equipment and solutions is anticipated to reach a value of US$ 15.1 billion by 2033-end, increasing at a CAGR of 4%.
Skin packaging is a type of carded packaging that is manufactured with the use of technologically advanced machines. A thin film shrunk is comprised around the product, and after that, it…
Cricket Protein Powder Market: Surging Towards $165.2 Million by 2034 with 11.2% …
According to a recent industry analysis conducted by Fact.MR, a leading provider of market research and competitive intelligence, the global Cricket Protein Powder Market is currently valued at US$ 57.2 million in 2024. It is forecasted to exhibit steady growth, boasting an impressive 11.2% Compound Annual Growth Rate (CAGR) through 2034. Projections suggest that the cricket protein powder market is poised to surpass US$ 165.2 million by 2034.
The cricket protein…
Future Projection: Bottled Deep Ocean Water Market to Surpass $2.9 Billion by 20 …
According to a recent industry analysis conducted by Fact.MR, a leading provider of market research and competitive intelligence, the global market for Bottled Deep Ocean Water is expected to expand significantly, growing from US$ 1,356.2 million in 2024 to US$ 2,967.5 million by 2034. This growth trajectory is underpinned by a projected Compound Annual Growth Rate (CAGR) of 8.1% over the assessment period.
The demand for bottled deep ocean water is…
Sky-High Projection: In-Flight Wi-Fi Services Market to Hit US$ 35.6 Billion by …
The sales analysis of the In-Flight Wi-Fi Service Industry provides an extensive examination of various aspects, including production capacities, demand dynamics, product advancements, revenue generation, and market prospects worldwide.
Initiated by Fact.MR, a leading provider of business intelligence, the global market research report on In-Flight Wi-Fi Service delves into market outlook, scrutinizing demand trends, consumption patterns, and the market share across different end-use segments.
In 2024, the in-flight Wi-Fi service market is…
Integrated Facility Management Market Set to Surpass $1.7 Billion by 2034
The sales analysis of the Integrated Facility Management Industry provides a thorough examination of various facets, encompassing production capacities, demand dynamics, product innovations, revenue generation, and market outlook on a global scale.
Initiated by Fact.MR, a leading provider of business intelligence, the market research report delves into the global Integrated Facility Management market, commencing with an overview of the market, followed by a detailed analysis of demand patterns, consumption volumes, and…
Citrus Fiber Market Growth Trajectory: Reaching $550M by 2032
Fact.MR, a leading provider of market research and competitive intelligence, has estimated that the global Citrus Concentrate Market will reach a valuation of US$ 8,978.2 million in 2024. Projections indicate a steady growth trajectory, with a Compound Annual Growth Rate (CAGR) of 5.3% expected through 2034. By this time, the market is anticipated to surpass a valuation of US$ 15,107.3 million.
The rising global temperatures have led to an increased demand…
Biological Drug Market is Poised to Grow at a CAGR of 10.2% to Reach US$ 1,111.5 …
The Biological Drug Market in North America is projected to reach a valuation of US$ 199.06 billion in 2024, representing a substantial market share of 47.2%. Anticipated growth indicates a robust Compound Annual Growth Rate (CAGR) of 9.7% from 2024 to 2034 in North America. By 2034, the market value is forecasted to ascend to US$ 503.20 billion, maintaining a significant market share of 45.3%.
The global biological drug market is…
GMP Storage Market Predicted to Reach US$ 11,019.9 Million at a CAGR of 5.3% by …
The GMP storage industry in the United States is projected to have a market value of approximately US$ 2,844 million in 2024, representing a dominant share of 87.7% in the North American region. The sales of GMP storage are expected to demonstrate a Compound Annual Growth Rate (CAGR) of 5.3% until the year 2034.
The worldwide GMP storage market is approximated to reach a valuation of US$ 6,568.3 million in 2024.…
Mist Eliminator Industry Analysis in East Asia Poised to Reach US$ 221.5 Million …
According to a recent research report from Fact.MR, the sales of mist eliminators in East Asia are estimated at US$ 142.4 million in 2024. Projections indicate that the East Asian market is poised to exhibit a Compound Annual Growth Rate (CAGR) of 4.5%, reaching a value of US$ 221.5 million by the conclusion of 2034.
The economic growth and industrialization observed in East Asia, encompassing nations such as Japan, China, and…
DNA and RNA Sample Preparation Market Forecasted to Cross US$ 3,413.8 Million at …
The DNA and RNA sample preparation market in the United States is projected to be valued at approximately US$ 580 million in 2024. Anticipated to exhibit a Compound Annual Growth Rate (CAGR) of 6.0%, the market is poised to achieve a substantial increase, reaching a noteworthy value of US$ 1,040 million by the year 2034.
The global DNA and RNA sample preparation market is valued at approximately US$ 1,967.5 million in…
Biodegradable Dressing Market is Projected to Hit US$ 318.8 Million at a 3.8% CA …
The global biodegradable dressing market is estimated to be valued at US$ 219.9 million in 2024. Projections indicate a steady growth trajectory with a Compound Annual Growth Rate (CAGR) of 3.8%, leading to an anticipated market value of US$ 318.8 million by the conclusion of the year 2034.
Biodegradable dressings encompass wound care materials specifically crafted to naturally break down and decompose over time, thereby minimizing their ecological impact. These dressings…
Optical Brightener Market is Expected to Achieve US$ 2,353.5 Million at a CAGR o …
The optical brightener market in North America is poised for significant growth, with an impressive projected Compound Annual Growth Rate (CAGR) of 3% until 2034. This upswing is primarily fueled by increasing demand for optical brighteners, particularly in key countries like the United States and Canada. As of 2024, the United States has emerged as the dominant player in the industry, holding an estimated 71.7% market share.
The optical brightener market…
Coir Market is Projected to Reach US$ 987.4 Million with 4.7% CAGR by 2034
The coir market is anticipated to be worth $621.2 million by 2024. Projections indicate a steady expansion with a CAGR of 4.7% until 2034. In 2034, the market is expected to be valued $987.4 million.
The Coir market, derived from the fibrous husk of coconuts, has experienced significant growth and diversification in recent years. Known for its versatility and eco-friendly nature, coir has become a sought-after material in various industries. From…
Tea Concentrate Market is Forecasted to Reach a Value of US$ 2,378.6 Million by …
The global tea concentrate market is anticipated to be worth $1,512.5 million by 2024. The global demand for tea concentrates is predicted to rise at a 4.6% CAGR, reaching a market value of $2,378.6 million in 2034.
The global Tea Concentrate market has witnessed a surge in popularity as consumers seek convenient and innovative ways to enjoy their favorite beverage. Tea concentrates, known for their rich flavors and ease of use,…
Demand for the Leak Detection and Repair Market is projected to reach a value of …
The Leak Detection and Repair market achieved a market valuation of US$ 18.22 billion in 2022, and it is projected to exhibit a favorable Compound Annual Growth Rate (CAGR) of 4.1% from 2022 to 2032. Anticipated growth indicates a potential market value of US$ 27.23 billion by the end of the forecast period.
Market Dynamics:
Regulatory Compliance and Environmental Concerns: The rising focus on environmental protection has led governments worldwide to implement…
Bio-Based Acetic Acid Market Soars to US$ 90.4 Million by 2033 with 5.3% CAGR, F …
The global bio-based acetic acid market is valued to be US$ 53.9 million in 2023 and it is anticipated to grow at a CAGR of 5.3% to reach US$ 90.4 million by the end of 2033.
In the quest for sustainable and eco-friendly solutions, industries are increasingly turning towards bio-based alternatives to meet their raw material needs. One such pivotal shift is observed in the production of acetic acid, a versatile…
Construction Robot Market Hits $936 Billion by 2033 with 16.6% CAGR, Unveils Fac …
The global construction robot market, as detailed in the Fact.MR report, generated sales amounting to US$ 173 billion in 2022. During the assessment period (2023 to 2033), sales of autonomous construction equipment are predicted to rise at a CAGR of 16.6%, culminating in a market size of US$ 936 billion by the end of 2033.
The construction industry, traditionally characterized by manual labor and heavy machinery, is undergoing a transformative revolution…
Lithium-Ion Battery Cathode Market: Surging to $146.8 Billion by 2033 with a 12% …
Based on the analysis by Fact.MR, the global lithium-ion battery cathode market is valued to be US$ 47.3 billion in 2023 and it is expected to grow at a CAGR of 12.0% to reach US$ 146.8 billion by the end of 2033.
The global demand for energy storage solutions has surged in recent years, driven by the growing adoption of electric vehicles (EVs), renewable energy sources, and portable electronic devices. Among…
Automated Fare Collection System Market is Projected to Increase at a CAGR of 14 …
The global automated fare collection (AFC) system market is anticipated to be worth US$ 11,601.2 million by 2024. According to predictions, the market would increase at a 14.6% CAGR from 2024 to 2034. The automated fee collecting system business is predicted to be worth $45,156.3 million in 2034.
Automated Fare Collection (AFC) systems have revolutionized the way people pay for public transportation worldwide. These systems, incorporating various technologies such as smart…
Demand for Silica Slurry Market is forecasted to reach a market value of US$ 475 …
The current valuation of the silica slurry market stands at approximately US$ 303.3 million, and it is expected to experience a Compound Annual Growth Rate (CAGR) of 4.6%. This growth trajectory is anticipated to propel the market to reach a valuation of US$ 475.6 million by the conclusion of the year 2032.
Market Dynamics:
The dynamics of the Silica Slurry market are shaped by several factors, prominently including its widespread use in…
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