Press Releases from Fact.MR (45518 total)
Agricultural Film Market is expected to reach US$ 21 billion by 2034, at a CAGR …
The agricultural film market encompasses a wide array of films designed to address diverse agricultural needs, ranging from greenhouse covers and mulching films to silage films and stretch wraps. These films are engineered with specific functionalities tailored to optimize crop growth, protect against adverse weather conditions, and enhance overall agricultural efficiency.
In the realm of modern agriculture, innovation takes many forms. Among these, agricultural films stand out as a silent yet…
Automotive Drive Shaft Demand Projects a Significant Market Expansion worth US$ …
The automotive drive shaft market is undergoing significant transformations, playing a crucial role in the dynamic automotive landscape. As vehicles evolve and consumers demand more efficient and sustainable options, the drive shaft market is poised for substantial growth.
According to a recently released Fact.MR analysis, the size of the worldwide automotive drive shaft market is expected to reach US$ 36.49 billion by 2024. By the end of 2034, it is anticipated…
Digital Photo Frame Market Poised for Expansion: Projections Show $115.1 Million …
Digital Photo Frame Market Poised for Expansion: Projections Show $115.1 Million Value by 2034
With a predicted CAGR of 4.8% from 2024 to 2034, the global digital photo frame market is expected to grow from its estimated value of US$ 72 million in 2024 to US$ 115.1 million by 2034.
The necessity for reasonably priced digital photo frames and technological improvements are just two of the elements driving the market's expansion. In…
Halal Logistics Market Is Forecasted To Reach US$ 528.2 Billion By 2033
The global halal logistics market is poised for steady growth, with a projected compound annual growth rate (CAGR) of 5.1%. It is anticipated to surge from a valuation of US$ 321.2 billion in 2023 to US$ 528.2 billion by 2033. Notably, halal product storage commands a significant 60% share of the global market.
Ensuring the proper sorting of halal products during warehousing is crucial to align upstream and downstream logistics with…
Animal Feed Probiotics Market to Expand Exponentially, Expected Value Surpassing …
The animal feed probiotics market was estimated to be worth US$ 3.51 billion in 2024 and is expected to grow at a compound annual growth rate (CAGR) of 6.6% to reach US$ 6.65 billion by the end of 2034.
Probiotics are healthy microorganisms (yeast, bacteria, and fungus) that provide a host of health benefits to their users. Probiotics strengthen the immune system against a range of illnesses and improve the performance…
Kosher Beef Market Is Likely To Reach A Value Of US$ 114 Billion By 2032
In 2021, the market for kosher beef reached a value of US$ 66.65 billion, projected to rise to US$ 70 billion in 2022. Over the forecast period from 2022 to 2032, the kosher beef market is anticipated to grow at a compound annual growth rate (CAGR) of 5%, reaching a total market value of US$ 114 billion.
Despite facing a decline due to the COVID-19 pandemic, the kosher beef market showed…
3D Scanner Market Is Expected To Surpass A CAGR Of 15.06% By 2032
In 2021, the global 3D scanner market achieved a market value of US$ 1.23 billion. Projections indicate a robust compound annual growth rate (CAGR) exceeding 15% during the assessment period from 2022 to 2032, culminating in a market value of US$ 5 billion.
The surge in demand for 3D scanners is driven by several factors. Primarily, there is a heightened emphasis on enhancing manufacturing efficiency, coupled with a widespread adoption of…
Potato Flakes Market Is Set To Rise At 5.9% CAGR And Account For US$ 12.8 Billio …
In 2023, the global demand for potato flakes contributes to a market worth US$ 7.2 billion, with projections indicating a surge to US$ 12.8 billion by 2033. Over the ensuing decade, the potato flakes market is anticipated to expand at a compound annual growth rate (CAGR) of 5.9%.
Potato flakes boast a rich nutritional profile, containing essential minerals like potassium and calcium, vitamin C, and carbohydrates. This nutrient density renders potato…
Data Protection Software market is expected to grow at a stupendous CAGR of arou …
The global market for data protection software is valued at approximately USD 1,195 million in 2022 and is forecasted to surge to USD 18,500 million by 2032, exhibiting an impressive compound annual growth rate (CAGR) of 31.5% during the period from 2022 to 2032.
Fact.MR suggests that the global data protection software market represents about 1% of the overall data protection market, driven by robust demand for data compilation and privacy…
Aviation Chemical Market: Maximizing Impact in the Aviation Sector (Valuation US …
The aviation industry relies heavily on a variety of specialized chemicals to ensure the safety, efficiency, and reliability of aircraft operations. From cleaning agents and lubricants to de-icing fluids and hydraulic fluids, these chemicals play a crucial role in maintaining aircraft integrity and performance. As the aviation sector continues to evolve and expand, the demand for aviation chemicals is poised to soar to new heights, driven by a myriad of…
Badminton Apparel Market Is Expected To Reach Nearly US$ 33.27 Billion By 2032
In 2022, the global sales of badminton apparel are projected to hit US$ 11.72 billion, with an impressive compound annual growth rate (CAGR) of around 11% anticipated through 2032, ultimately surpassing a valuation of US$ 33 billion. Year-on-year, the market expanded by 10.98% in 2022 compared to 2021.
Manufacturers are eyeing promising opportunities in badminton apparel made from natural fabrics, especially within the top apparel segments. Concurrently, there's a notable surge…
Public Cloud System Infrastructure Service Market Anticipated to Grow at 19.5% C …
The public cloud system infrastructure services market is expected to grow at a 19.5% CAGR and reach a valuation of US$ 890,256.1 million by 2034, from its estimated US$ 150,350.5 million in 2024.
With the aid of public cloud services, businesses can switch from a capital expenditure (CapEx) model to an operating expenditure (OpEx) one. This lets businesses pay for technology assets on a pay-as-you-go basis, which reduces their upfront infrastructure…
Video PaaS Market Thrives Amidst Pandemic: Adoption Soars, Valued at US$ 75,557. …
In 2024, the global video platform as a service market is projected to be worth US$5,612.5 million. The market is predicted to grow at a dizzying rate of 29.7% CAGR to reach a total valuation of US$ 75,557.3 million by 2034, propelled by the soaring demand for online video content and communication solutions.
escalating desire for video The market is growing because PaaS, also known as cloud-based platforms, allows developers and…
Submarine Power Cable Market size is set to grow by US$ 46.83 billion from 2024 …
The submarine power cable market is a crucial component of modern energy infrastructure, facilitating the transmission of electricity acrosss vast distances beneath the ocean's surface. These specialized cables enable the interconnection of offshore wind farms, island grids, and international power networks, providing reliable and efficient energy transmission solutions. As renewable energy sources like offshore wind continue to expand, the demand for submarine power cables is expected to soar, driving innovation…
Bauxite Mining Market is projected to grow at a notable CAGR of 6.6% to reach US …
In the realm of essential minerals that drive industrial progress, bauxite holds a pivotal position. As the primary source of aluminum, bauxite mining plays a crucial role in various sectors, from aerospace to automotive and beyond. The size of the global bauxite mining market (ボーキサイト鉱山市場) is estimated to be US$ 16.83 billion in 2023 and is expected to grow at a notable CAGR of 6.6% to reach US$ 32.32 billion…
Transparent Aluminum Market is Expected to reach US$ 17.4 million by 2033, at a …
In the landscape of advanced materials, there exists a fascinating intersection between science fiction and reality - the realm of transparent aluminum. Once considered the stuff of futuristic dreams, transparent aluminum is now a burgeoning market, poised to revolutionize various industries with its exceptional properties. In 2023, the Transparent Aluminum Market (透明なアルミニウム市場) is expected to be worth US$6.41 million globally. The market is expected to grow quickly at a 10.5%…
High Oleic Oil Market to Soar US$ 18,564.2 Billion by 2034, Driven by Health-Con …
Up to 2034, the global high oleic oil market is expected to develop at a compound annual growth rate (CAGR) of 6.6%. In 2024, the market is projected to be worth US$ 9,786.2 million. Experts anticipate that the economy will continue to grow. Because of the increasing demand for products in the food and beverage industry, it is anticipated that the market would grow and reach a size of US$…
Durable Medical Equipment Market is Expected to Achieve US$ 403 Billion at CAGR …
The durable medical equipment market sales in the United States are projected to capture over 35% of the global market share in 2023. The nation has grappled with a significant challenge of obesity among its populace, compounded by widespread adoption of sedentary lifestyles, leading to a considerable portion of the population experiencing joint pain and arthritis. This scenario has spurred a surge in the utilization of personal mobility aids across…
Food Grade Xanthan Gum Market Set to Hit US$689.2 Million by 2034, as Demand Sur …
By 2024, the food grade xanthan gum market is expected to be worth US$ 431.2 million worldwide. The market is projected to increase at a CAGR of 4.8% through 2034, reaching US$ 689.2 million.
Food-grade xanthan gum plays a crucial role in giving gluten-free compositions the appropriate texture and structure as consumer demand for gluten-free goods grows. It is an important thickening and binding ingredient for gluten-free food items, such as…
Excavator Market is Predicted to Reach USD 126.86 Billion at CAGR of 5.5% by 203 …
The global excavator market (掘削機市場)is set to undergo significant expansion, with projections indicating a substantial increase from its valuation of US$ 74.27 billion in 2023. With a Compound Annual Growth Rate (CAGR) of 5.5%, the market is anticipated to reach a noteworthy US$ 126.86 billion by the culmination of 2033.
An excavator, also referred to as a digger or hydraulic excavator, stands as a robust heavy-duty apparatus extensively utilized in the…
Saw Blades Market is Set to Globally Reach US$ 24.97 Billion at a 5% CAGR by 203 …
According to an industry analysis conducted by Fact.MR, the Saw Blades Market in the United States is poised to achieve significant growth, with projected sales reaching an estimated US$ 4.7 billion by the year 2033. The heightened demand for saw blades can be largely attributed to robust contributions from the construction and woodworking industries. Furthermore, the surge in popularity of the DIY (Do-It-Yourself) culture and increased engagement in home renovation…
Squalene Oil Market is Anticipated to Grow at a CAGR of 9.3% to Top US$ 510.7 Mi …
The Squalene Oil Market (スクアレンオイル市場)in Europe boasted a market size of US$ 64.7 million in 2022, and is poised to achieve a market value of US$ 147.8 million by the year 2033. Norway's significant fishing industry and access to shark populations have solidified its position as a major exporter of shark liver oil, which contains squalene. The country's extensive coastline and abundant marine resources play a pivotal role in supporting…
Medical Mask Market is Expected to Progress at CAGR of 15.4% to Achieve USD 15 B …
The global medical mask market (医療用マスク市場)reached a size of US$ 3.7 billion in 2023, and is primed for substantial expansion, boasting a robust projected Compound Annual Growth Rate (CAGR) of 15.4%. By the conclusion of 2033, it is anticipated to soar to a market valuation of US$ 15 billion.
Medical masks serve as essential personal protective equipment crafted to thwart the transmission of infections. These masks create a protective barrier for…
Pedelec Market is Poised to Grow at a CAGR of 7.1% to Reach US$ 64.05 Billion by …
The Pedelec Market in United States is poised for significant growth, with a projected Compound Annual Growth Rate (CAGR) of 7.3%, expected to reach US$ 15.56 billion by the conclusion of 2033. This growth is driven by the introduction of more efficient and powerful pedelecs, which are increasingly embraced in the country as a greener and cleaner transportation option, particularly for short distances. Embracing pedelecs also offers long-term benefits, combining…
Veterinary Imaging Systems Market is expected reach US$ 3.5 billion by 2033
The market for Veterinary Imaging Systems (動物用画像システム市場) is expected to grow at a compound annual growth rate (CAGR) of 6.3% between 2023 and 2033. As a result, it is anticipated that the market for veterinary imaging systems will grow from its estimated US$ 1.9 billion in 2023 to US$ 3.5 billion by the end of 2033.
The veterinary imaging systems market encompasses a wide range of diagnostic tools and technologies…
Sales of Hormone Replacement Therapy Market is projected to increase at a CAGR o …
The global hormone replacement therapy market (ホルモン補充療法市場) is anticipated to grow significantly, with its value expected to surge from US$ 22.5 billion in 2023 to US$ 43.7 billion by 2033, indicating a robust compound annual growth rate (CAGR) of 6.8% during the study period spanning 2023 to 2033.
Hormone replacement therapy (HRT) is a medical treatment that involves supplementing the body with hormones, typically estrogen and progesterone, to alleviate symptoms caused…
Demand for Caprolactam Market is forecasted to reach a value of US$ 23.1 billion …
A recent research report by Fact.MR indicates that the global caprolactam market (カプロラクタム市場) was valued at US$ 15.6 billion in 2023. The market is projected to grow at a compound annual growth rate (CAGR) of 4%, reaching a market value of US$ 23.1 billion by the end of 2033.
Market Dynamics
Caprolactam, a key raw material in the production of nylon 6 fibers and resins, has witnessed significant growth in demand over…
Demand for the Surge Arrester Market is projected to reach a value of US$ 3.26 b …
The global surge arrester market (避雷器市場) was valued at US$ 2.01 billion in 2023 and is anticipated to reach US$ 3.26 billion by 2033, with a projected compound annual growth rate (CAGR) of 5% during the forecast period from 2023 to 2033.
Market Dynamics:
The surge arrester market has witnessed significant growth in recent years, driven by the increasing demand for reliable and uninterrupted power supply across various industries. Surge arresters, also…
Food Grade Cellulose Market is Estimated to Grow US$ 603.5 Million by 2034
The global food grade cellulose market (Pasaran Selulosa Gred Makanan) is expected to be worth US$ 402.3 million in 2024. Projections show a steady expansion with a 4.1% CAGR through 2034. Anticipated growth is expected to boost the market to an outstanding $603.5 million by 2034.
The Food Grade Cellulose market plays a pivotal role in the food industry, providing a versatile and essential ingredient with various applications. This overview delves…
Phytochemical Market Projected to Reach US$ 17,896.2 Million with 9.6% CAGR by 2 …
The global phytochemical market (Pasaran Fitokimia) is expected to be worth $7,146.2 million in 2024 and $17,896.2 million by 2034, with a 9.6% CAGR between 2024 and 2034.
The Phytochemical market stands at the intersection of health and nutrition, representing a diverse range of natural compounds derived from plants. This overview explores the landscape of phytochemicals, delving into their sources, types, and applications in various industries. From the historical significance of…
Demand for Energy-as-a-Service Market is forecasted to reach a value of US$ 179 …
According to a recently published research report by Fact.MR, the global energy-as-a-service market (サービスとしてのエネルギー市場) was valued at US$ 64 billion in 2022. The market is projected to grow at a CAGR of 9.8% and reach US$ 179 billion by 2033.
The Energy-as-a-Service (EaaS) market is poised to transform the way businesses and industries manage and consume energy. EaaS is a business model that allows customers to outsource their energy needs to…
Demand for the Engineered Wood Market is projected to reach a value of US$ 61.61 …
According to Fact.MR, the global engineered wood market (人工木材市場) is projected to grow at a compound annual growth rate (CAGR) of 9.5%. It is anticipated to rise from US$ 24.86 billion in 2023 to reach US$ 61.61 billion by the end of 2033.
Engineered wood, also known as composite wood or man-made wood, is a versatile and sustainable alternative to traditional hardwood. It is manufactured by binding together strands, particles, fibers,…
Residential Energy Storage Market to Witness Robust 22% CAGR Expansion Up to 203 …
In 2023, the global residential energy storage market (住宅用エネルギー貯蔵市場) was valued at US$ 12.2 billion. Projections indicate a substantial growth, with the market expected to reach US$ 90 billion by the end of 2033. This growth is anticipated to be driven by a high compound annual growth rate (CAGR) of 22% over the decade.
The residential energy storage market is undergoing a transformative phase, driven by technological advancements, evolving consumer preferences,…
Integration Security Service Market is Forecasted to Reach a Value of US$ 69.15 …
The global integration security service market (統合セキュリティサービス市場) was valued at US$ 18.56 billion in 2024 and is expected to reach US$ 69.15 billion by the end of 2034, growing at a high-value CAGR of 14.1% from 2024 to 2034.
The Integration Security Service market is at the forefront of addressing the growing concerns around data security and system integration. This overview delves into the landscape of integration security services, exploring the…
Cloud Gaming Market is Forecasted to Reach US$ 6.62 Billion by 2034 with 22.6% C …
The global cloud gaming market (Mercado de juegos en la nube) is estimated to be worth US$ 863.5 million in 2024 and will grow to US$ 6.62 billion by the end of 2034, with a CAGR of 22.6% between 2024 and 2034.
The Cloud Gaming market is experiencing a revolutionary shift in the gaming landscape as technology advancements reshape how gamers access and enjoy their favorite titles. This overview explores the…
Global Shoe Deodorizer Market Size to Hit US$ 470 Million Mark by 2033
The global shoe deodorizer market (Pasar Penyahbau Kasut) is expected to increase at a 5.6% CAGR between 2023 and 2033, from US$ 272 million in 2023 to US$ 470 million by the end of 2033.
The Shoe Deodorizer market has witnessed a notable surge in demand as consumers increasingly prioritize foot hygiene and odor control. This overview explores the landscape of shoe deodorizers, analyzing the various types, ingredients, and methods employed…
Hiking Footwear Market is Expected to reach US$ 26.73 Billion by 2033
Global sales of hiking footwear are projected to reach $19.70 billion by the year 2023. The global hiking footwear market (ハイキングシューズ市場) is anticipated to experience a compound annual growth rate (CAGR) of 3.1%, reaching $26.73 billion by the year 2033.
The Hiking Footwear market is experiencing a surge in demand as outdoor enthusiasts and fitness-conscious individuals embrace hiking as a popular recreational activity. This overview delves into the landscape of hiking…
Microparticulated Whey Protein is set to reach US$ 780 million by 2033
Worldwide consumption of microparticulated whey protein is anticipated to surge at a CAGR of 8.3% from 2023 to 2033. At present, the global microparticulated whey protein market stands at US$ 350 million and is estimated to reach a market size of US$ 780 million by 2033.
The use of pharma-grade microparticulated whey protein is forecasted to increase even faster at a CAGR of 9% from 2023 to 2033. It is the…
Motorcycle Market is projected to reach US$ 163 billion by 2033, at a CAGR of 4%
The roar of the engine, the wind in your face, the freedom of the open road-these are just a few elements that make riding a motorcycle an exhilarating experience. Beyond the thrill, motorcycles represent a significant segment of the automotive industry, with a rich history and a diverse array of offerings. According to Fact.MR, the worldwide motorcycle market (Marché de la moto) is expected to be worth US$ 110 billion…
Automotive Wrap Films Market is expected to reach US$ 54.1 billion by 2033, at a …
Automotive wrap films, also known as vinyl wraps or car wraps, are durable, adhesive-backed films applied to the exterior surfaces of vehicles. These films come in a variety of colors, textures, and finishes, enabling vehicle owners to achieve custom looks that range from sleek and glossy to matte or even textured appearances. Unlike traditional paint jobs, wraps offer flexibility, allowing for easier customization, temporary changes, and protection of the underlying…
Demand for Oregano Oil is predicted to increase at a CAGR of 5.1% from 2024 to 2 …
The global oregano oil market is pegged at US$ 8.22 billion in 2024. Global demand for oregano oil is predicted to increase at a CAGR of 5.1% and reach a market valuation of US$ 13.49 billion by 2034-end.
More consumers are becoming health-conscious and are looking for natural alternatives to artificial products, which is forecasted to drive the demand for oregano oil owing to its perceived health benefits. This oil is…
Sales of Powered Smart Cards are forecasted to reach US$ 24.2 billion by 2034
The global powered smart card market is estimated at US$ 14.5 billion in 2024 and is projected to reach a size of US$ 24.2 billion by the end of 2034, expanding at a CAGR of 5.2% between 2024 and 2034.
Smart cards facilitate safely identifying and verifying the cardholder and any individuals requesting card access. For example, a cardholder can authenticate using contactless biometric information or a PIN code. Additionally, smart…
Demand for Metaverse Gaming is projected to surge at a CAGR of 38.2% from 2023 t …
The global metaverse gaming market is valued at US$ 51 billion in 2023 and is forecasted to jump to a size of US$ 1,300 billion by the end of 2033, expanding at an astonishing CAGR of 38.2% from 2023 to 2033.
The purpose of the metaverse is to enthrall users and provide them with a remarkable experience. The metaverse helps create a more advanced, three-dimensional environment where user interaction and built-in…
Footwear Market is expected to grow at a CAGR of 4% between 2023 and 2033
The global footwear market stands at a value of US$ 465.1 billion in 2023 and is forecasted to hit US$ 688.4 billion by 2033, rising at a steady CAGR of 4% from 2023 to 2033 (forecast period).
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The global footwear market is a dynamic and rapidly evolving industry that plays a crucial role in the fashion and lifestyle sectors. As of my last knowledge update…
Rising Demand for Fruit Puree is set for US$ 24.11 billion Valuation in 2024, tr …
As consumers around the globe increasingly prioritize health and wellness, the demand for natural and nutritious food products continues to soar. One segment that has witnessed remarkable growth in recent years is the fruit puree market. From its humble beginnings as a niche product to its current status as a staple ingredient in various food and beverage applications, fruit purees have emerged as a versatile and sought-after component in the…
False Eyelashes market is projected to achieve a CAGR of approximately 7% by the …
The global false eyelashes market was valued at US$ 1.3 billion in 2021, with an anticipated growth at a CAGR of approximately 7% from 2021 to 2031.
Fact.MR's latest business intelligence study delves into the fundamentals of the global false eyelashes market, providing detailed insights into the drivers, restraints, opportunities, and trends influencing market growth.
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The report meticulously analyzes each segment and its sub-segments in terms of…
Pressure Vessels Market to grow by US$ 18.7 Billion from 2023 to 2033, at a CAGR …
In the vast landscape of industrial operations, pressure vessels stand as silent sentinels, playing a crucial role in storing and transporting various substances under high pressure. These vessels, ranging from simple storage tanks to complex reactors, form the backbone of numerous industries, including oil and gas, chemical processing, power generation, and healthcare. Pressure Vessels in 2022 were held at US$ 11.1 Billion. With a 4.9% projected CAGR from 2023 to…
Fire Testing Market Is Estimated To Record A CAGR Of 5.9% By 2032: Fact.MR Repor …
During the forecast period spanning from 2022 to 2032, the fire testing market is anticipated to witness a commendable Compound Annual Growth Rate (CAGR) of 5.9%. By 2032, the market share for fire testing is projected to surpass US$ 13 billion, surging from US$ 7.1 billion in 2022.
The demand for fire testing services is poised to escalate across various industries, including utilities, automotive, manufacturing, energy and power, petrochemicals, oil and…
DNA Data Storage Market Is Expected To Reach A Valuation Of US$ 35.8 Billion By …
According to the latest analysis report from Fact.MR, the global DNA data storage market exhibited revenues of US$ 105 million in 2022. Projections indicate a remarkable compound annual growth rate (CAGR) of 69.8% from 2023 to 2033, foreseeing the market to soar to a valuation of US$ 35.8 billion by the end of the forecast period.
The utilization of DNA data storage in biotechnology is anticipated to be a major revenue…
Hydrosurgery Systems Market to Hit US$ 287 million by the end of 2033, at a CAGR …
Hydrosurgery systems, also known as water jet surgical systems, employ high-pressure streams of sterile water to precisely dissect and remove tissue during surgical procedures. Unlike traditional methods involving mechanical tools or energy-based devices, hydrosurgery systems offer several distinct advantages. The controlled application of water minimizes thermal damage to surrounding tissues, reduces the risk of collateral injury, and provides exceptional precision even in delicate anatomical regions. According to projections, the global…
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