Market Size & Forecast
Estimates for the global factory automation market project strong growth ahead:
Forecasts range from USD 181.5 billion in 2023 to USD 340.8 billion by 2031, at a CAGR of 8.2%.
While estimates vary, the consensus is clear: the factory automation market is poised for robust double-digit growth, driven by Industry 4.0 adoption.
Introduction & Definition
Factory...
Market Size & Forecast
The urea market reached USD 129.2 billion in 2022 and is projected to grow to USD 152.5 billion by 2031, registering a CAGR of 2.1% during the forecast period (2024–2031). Steady demand from the agriculture and automotive sectors, alongside increasing industrial applications, is expected to fuel consistent market growth.To buy the report, click on...
Market Size & Forecast
The ethical food market is projected to grow at a CAGR of 4.7% during the forecast period (2024–2031). The market, currently valued at over USD 136 billion, is expected to expand steadily, driven by consumer demand for sustainable, health-conscious, and responsibly sourced products. While Europe continues to dominate in terms of revenue, Asia-Pacific emerges as...
Market Size & Forecast
The plant-based ingredient market is expected to grow at a CAGR of 10.99% between 2024 and 2031. North America currently leads in revenue, while Asia-Pacific is the fastest-growing region. Some studies project the global market valuation at USD 11.9 billion in 2024, expanding to USD 27.3 billion by 2033 at a CAGR of 8.5%. These projections underline the accelerating...
Market Size & Forecast
The account reconciliation software (ARS) market is undergoing rapid transformation. It is currently valued at approximately USD 3.5 billion in 2024 and is projected to grow to USD 8.9 billion by 2033, recording a CAGR of 10.8%. Alternate forecasts suggest an even sharper rise to USD 10.38 billion, representing a CAGR of nearly 14.8%. DataM Intelligence offers a...
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