The global motorcycle market, valued at $110 billion in 2023, is projected to grow at a compound annual growth rate (CAGR) of 4%, reaching $163 billion by 2033.For as long as I can remember, motorcycles have meant more to me than just machines. They represent freedom, adventure, and pure excitement....
The global waterjet cutting machine market size is set to account for a valuation of US$ 44.58 billion in 2024 and is forecasted to reach US$ 74.01 billion by the end of 2034. Worldwide demand for waterjet cutting machines is forecasted to rise at 5.2% CAGR over the next 10 years (2024 to 2034).The waterjet cutting machine market...
According to a new report published by Allied Market Research, the CCS in power generation market size was valued at $131.2 million in 2022 and is projected to reach $450.5 million by 2032, growing at a CAGR of 11.7% from 2023 to 2032.CCS, or carbon capture and storage, is...
The global concentrated solar power (CSP) market is on the cusp of a revolutionary transformation, set to surge from a valuation of USD 28.3 billion in 2023 to an astonishing USD 552.3 billion by 2034. With an impressive compound annual growth rate (CAGR) of 34.6%, the CSP industry is primed to...
The Digital Last-Mile Platform segment is experiencing a profound evolution and expansion, largely fuelled by the burgeoning e-commerce landscape. The advent of online shopping has substantially escalated the demand for efficient and seamless last-mile delivery services. In response, digital last-mile platforms have emerged as a solution to optimize and...
In a recent market analysis by Fact.MR, a leading provider of market research and competitive intelligence, it's been unveiled that the global demand for parking management systems is expected to soar, reaching a market value of US$ 5.6 billion by 2024. Anticipated to maintain this growth trajectory, the Parking Management System Market is forecasted...
In the dynamic landscape of technological innovation, the intersection of artificial intelligence (AI) and biometric systems has emerged as a beacon of enhanced security and efficiency. The AI-enabled biometric market, valued at US$ 12.7 billion in 2022, is poised to skyrocket, projected to reach a staggering US$ 50.5 billion...
According to a recent analysis conducted by Fact.MR, a leading provider of market research and competitive intelligence, the global powered smart card market is anticipated to reach a value of US$ 14.5 billion by 2024, with a projected compound annual growth rate (CAGR) of 5.2% from 2024 to 2034.Powered smart cards offer advanced functionalities and heightened...
The global electronic access control system value surpassed US$11bn in 2020 at a CAGR of 7.5% during the historical period of 2016 and 2020. The global electronic access control system market is expanding at a steady pace, exhibiting growth at 8.3% CAGR between 2021 and 2031. As per Fact.MR Analysis, the market is expected to reach valuation of US$21.2 bn by the...
The global predictive maintenance market is poised to reach a market value of US$ 45.5 Billion, with a projected Compound Annual Growth Rate (CAGR) of 21.9% from 2022 to 2032. This growth is primarily fueled by rapid digitization and increasing urbanization trends.Technological advancements in machine-to-machine communication, artificial intelligence, and big data analytics have...