According to Stratview Research, the Metal Coated Fiber Market is projected to grow at an impressive CAGR of 7.7% over the next five years to reach US$ 50.1 million in 2022. Nickel coated and copper–nickel coated fiber types will continue to dominate the market over the next five years.
As per the study, the market is forecasted to grow at an impressive rate over the next five years to reach an estimated value of US$ 493.6 million in 2024.
A fuel tank inerting system, also known as a flammability reduction system, is a component in the fuel system that protects against fire and explosion in the fuel tank by developing an inert condition within the ullage space of the fuel tank. It is achieved by supplying inert gas, mostly nitrogen, to displace the oxygen in that ullage space of the tank.
As per the study, the market was estimated at US$ 833 million in 2021 and is expected to grow at a CAGR of 5.8% during 2022-2028 to reach US$ ~1340 million in 2028.
The increase in dental procedures, especially those affecting dental aesthetics, is one of the major drivers of market expansion. Expanding healthcare infrastructure is also projected to assist market expansion during the forecast period. Nevertheless, the market is expanding due to rising product demand and a growing requirement for patient comfort during operations.
As per the study, the market was valued at US$ 926.4 Million in 2022 and is likely to reach an annual market size of US$ 1210.7 Million in 2028 at an exceptional CAGR of 4.3% during the forecast period of 2023-2028.
April 14, 2023/Industry News Global/ -- The unexpected shifts in the global markets because of the sudden outbreak of the COVID-19 virus have brought many major and minor tremors to industries of all sizes including the Permanent Magnets Market.
Circuit Breaker Market report studies the market covering a period of 12 years of trend and forecast. The report provides detailed insights into the market dynamics to enable informed business decision making and growth strategy formulation based on the opportunities present in the market.
As per the study, the market is expected to grow at a CAGR of 15.35% during the forecast period of 2022-2028 to reach US$ ~15.56 Bn in 2028 from US$ 4.81 Bn in 2021.