Satellite Communication Market to grow $192bn by 2033
During the forecast period 2022-2032, the satellite communication market is expected to grow at a value of 9.4% CAGR. In 2021, this market was predicted to have a global valuation of $59.32bn, and is expected to reach a sum of $192.09bn by 2032.
Factory robots market is expand at a CAGR of 7.6%
The market for factory robots is anticipated to reach $12.3 billion in 2023 and expand at a strong 7.6% CAGR from 2023 to 2033.
Military modernisation to drive demand for electro-optical systems
The global electro-optical systems market size is set to reach $18 billion, expanding at 4.1% CAGR from 2022 to 2032, as per industry analysis by Fact.MR, a market research and competitive intelligence provider.
Recloser controls market is projected to hit $3.6bn by 2033
The global recloser controls market is expected to garner $3.6 billion by 2033, exhibiting a CAGR of 5.3% from 2023 to 2033.
Automotive electronics market increased growth during 2019-2029
Fact.MR, a market research and competitive intelligence provider, the global automotive electronics market size will more than double between 2019 and 2029. The sensor segment of automotive electronic components will grow at a double-digit CAGR of 10% through 2029.
Demand for intelligent electronic devices is booming at a CAGR of 5.2% from 2023 to 2033
The global intelligent electronic devices market is set to garner $25 billion by 2033, advancing at 5.2% CAGR from 2023 to 2033, as per a new industry analysis by Fact.MR, a market research and competitive intelligence provider.
Global automotive ceramics market to reach $6.6Bn by 2032
The global automotive ceramics market was valued at $2.3 billion in 2021 and is expected to be valued at $2.42 Billion in 2022.
Packaging Coatings market to hit $6.8 Bn by 2033
The global packaging coating market is anticipated to be valued at $3.5 billion in 2023 and it is anticipated to grow at a CAGR of 6.8% to reach $6.8 billion by the end of 2033.
Quadcopter market is anticipated to reach $94,342.8M by 2033
The global quadcopter market is estimated at $24,147 million in 2023 and is expected to expand at a promising 14.6% CAGR during the assessment period of 2023-2033.
Two component adhesives market To Hit $7 Bn By 2033
According to a newly published research report by Fact.MR, a provider of market research and competitive intelligence, the two component adhesives market is predicted to increase at a CAGR of 7.2% from 2023 to 2033.
The smart badges market is anticipated to climb to $50bn by 2033
The global smart badges market is set to reach a valuation of $50 billion by 2033, expanding rapidly at 9% CAGR over the next ten years.
European electric vehicle battery market is estimated to be valued at $10.3bn by 2032
Sales of electric vehicle batteries in Europe are valued at $5.8bn in 2023. The Europe electric vehicle battery market is predicted to rise at 5.9% CAGR to exceed a valuation of $10.3bn by end of 2032.
Automotive electronics market higher growth during 2019-2029
The sensor segment of automotive electronic components will grow at a double-digit CAGR of 10% through 2029.
Signal beams with artificial intelligence can reduce traffic congestion, says Fact.MR
The global signal heads market is expected to be valued at $6.08bn in 2023 and expand at 5.5% CAGR during the forecast period of 2023 to 2033. Focus on green commuting has led to technologies such as electric vehicles, connected cars, and self-driving cars.
Sensor market is anticipated to reach nearly $6,404.2M by 2032
According to the most recent analysis released by Fact.MR – a market research and competitive intelligence provider, the global current sensor market is anticipated to grow at a CAGR of just over 9.6% over the anticipated years, reaching a market value of $ 6,404.2 million by the end of 2032.
Fact.MR analyses demand for electric tractors market
The global market for electric tractors at present valued at $94.04 million in 2022.
Packaging automation solution market to hit $155bn
The global packaging automation solution market is set to reach $155 billion by 2033, expanding at 7.5% CAGR from 2023 to 2033.
Demand for drone services to increase
The global drone as a service market is expected to reach a valuation of $6,629.4 million in 2023 and is expected to reach a valuation of $25,231.1 million by 2033. The market will witness a growth rate of 15.3% for the next 10 years.
Solar powered drones market to accumulate $3,803.4 million by 2033
According to Fact.MR, the global solar powered drones market will likely reach a valuation of $1,017 million in 2023 and is expected to grow at a CAGR of 14.1% during the forecast years of 2023-2033.
EVs expected to reinforce the demand for silicon carbide
As per a report published by Fact.MR, the global silicon carbide market is poised to grow at a CAGR of 17% from 2022 to 2032.