According to Fact.MR, the global expanded polypropylene foam market stands at a valuation of US$ 1.10 billion in 2023 and is foreseen to progress at a CAGR of 11.5% to reach US$ 3.27 billion by the end of the forecast period.
The expanded polypropylene (EPP) foam market is experiencing rapid growth, driven by its unique properties such as lightweight, durability, and recyclability....
According to the latest report by Fact.MR, the global remote weapon system market is forecasted to reach US$ 28 billion by 2033, up from its current value of US$ 9 billion in 2023. Worldwide demand for remote weapon systems is projected to soar at a CAGR of 12% from 2023 to 2033.
The Remote Weapon System (RWS) market has shown significant growth and development, driven primarily by...
The global lane departure warning system market expanded at a CAGR of 16% from 2018 to 2022 and reached a valuation of US$ 4.14 billion in 2022. The market is forecasted to reach US$ 17.83 billion by the end of 2033, surging ahead at 14.2% CAGR over the next ten years.
The global Lane Departure Warning (LDW) System market is witnessing significant growth due to the increasing demand...
The global tiller rental market is expected to grow at a CAGR of 3.1% and reach a valuation of US$ 826.5 million in 2033, up from US$ 609.1 million in 2023. This represents an absolute opportunity of US$ 235.8 million during the forecast period.
The tiller rental market is experiencing significant growth due to the increasing demand for tillers in the agriculture sector. Tiller rentals provide...
The global power equipment rental market size is estimated to be valued at US$ 11.4 billion in 2023 and it is expected to grow at a CAGR of 5.3% to reach US$ 19.2 billion by the end of 2033.
The power equipment rental market is witnessing significant growth, driven by increasing construction, infrastructure development, and industrial expansion across various regions. This market involves...
Mini skid steer rental services demand is expanding and is poised to grow at a rate of 4.5% during the forecast period and reach a valuation of US$ 353.6 million in 2033 from US$ 245.9 million in 2023.
The mini skid steer rental market has seen significant expansion in recent years, driven by the growing need for compact construction machinery capable of performing in confined spaces. The...
According to Fact.MR, the global port material handling equipment vehicle market reached a size of US$ 6.97 billion in 2022 with worldwide demand increasing at a CAGR of 5.4% from 2018 to 2022. The industry is projected to expand at a CAGR of 5.2% and reach US$ 12.17 billion by the end of 2033.
The port and material handling equipment vehicle market is poised for growth, driven by global trade...
The excavator rental market size in terms of revenue was valued at US$ 5.8 Billion in 2022. The global market is projected to grow from US$ 6 Billion in 2023 to US$ 9.6 Billion by 2033-end, growing at a Compound Annual Growth Rate (CAGR) of 4.7% during the forecast period from 2023 to 2033.
The excavator rental market is experiencing substantial growth due to various factors, including...
Worldwide demand for low voltage motors is predicted to rise at a healthy CAGR of 6.8% from 2023 to 2033. At present, the global low voltage motors market is valued at US$ 41.20 billion and is thus expected to touch a valuation of US$ 79.55 billion by 2033.
The low voltage motors market has gained significant traction in recent years, driven by the increasing demand for...
The global electric parking brake market is projected to expand at an impressive CAGR of 12.4% and end up at a valuation of US$ 5.92 billion by 2033, up from US$ 1.83 billion in 2023.
The electric parking brake (EPB) market has experienced remarkable growth as vehicle manufacturers and consumers prioritize safety, convenience, and technological advancements. The market is primarily...
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