The global market for automated material handling systems is anticipated to grow at a CAGR of 9.2% over the course of the forecast period, according to the most recent study by FMI. The market is anticipated to be worth US$ 34 billion in 2023. The value is expected to hit US$ 81.8 billion by 2033. the growing…
The South Korea intellectual property market is securing a valuation of US$ 1 billion in 2023 and is projected to reach US$ 5.2 billion by 2033. The market is capturing a CAGR of 17.4% during the forecast period. The South Korea intellectual property (IP) market is anticipated to gain from the rising adoption of cloud-based IP solutions and the growing demand…
The global FPGA market is expected to grow at a CAGR of 7.6% from 2023 to 2033. By 2033, the market is projected to reach US$ 15,023.5 million from US$ 7,243.6 million in 2023. Several primary factors are propelling the FPGA industry. For starters, the growing need for high-performance computing and data-intensive applications across several industries necessitates the development of improved…
The semiconductor assembly and testing services market income added up to US$ 32.6 Billion in 2021. The general semiconductor assembly and testing services market is projected to arrive at US$ 52.1 Billion by 2029, developing at a CAGR of 6.1% for 2022 – 2029. Ceaseless turns of events and execution of new advancements, for example, natural substrate-interposer innovation and silicon-through interconnection…
The net worth of eSports and game streaming market share was figured out to be around US$ 2,357.1 million in 2022. Over the forecast period from 2023 to 2033, its market is anticipated to grow at an annual average growth rate of 11.9%. The market further estimates the market valuation to reach up to US$ 7,725.9 million…
The carbon dioxide lasers market is set to exhibit remarkable resilience and sustained growth in the coming decade, with an estimated (CAGR) of 3.6% projected from 2023 to 2033. This impressive forecast is indicative of the enduring demand and expanding applications of carbon dioxide lasers across various industries. By the end of 2033, the market is anticipated…
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The United States hand holes market is to witness a year-on-year growth of 4.1% in 2023 and reach US$ 389.0 million by 2023. It is further anticipated to total US$ 586.9 million by 2033. The demand for hand holes is primarily driven by the increasing extent of repair and maintenance activities, retrofitting existing infrastructure supplemented by industry…
The global market for air conditioning compressors market is anticipated to reach US$ 25,941.3 Million in 2022 and continue to expand at a 5.0% CAGR from 2022 to 2032, according to Future Market Insights. By 2032, it is anticipated that global sales of air conditioning compressors will amount to US$ 42,413.6 million. Sales of air conditioning compressors…
Refrigeration compressors find a large number of applications, such as in domestic refrigeration, commercial refrigeration, and refrigeration systems used in the transportation industry. The major use of a refrigeration compressor is in the process of food preservation. Various refrigeration compressors are available depending upon the type of application, such as in equipment cooling, and for the…
The global data virtualization cloud market is expected to reach approximately US$ 1,139 million in net value in 2023. According to FMI’s market projections, the whole market will grow at a rate of 25.2% from 2023 to 2033. Following this remarkable CAGR, the market’s net worth is predicted to reach US$ 10,778.7 million in the next ten…
