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The thermal camera market was valued at USD 4.29 billion in 2024 and is poised for growth, reaching USD 4.61 billion in 2025 and USD 8.11 billion by 2033. This growth represents a compound annual growth rate (CAGR) of 7.32% from 2025 to 2033. Key factors driving this market expansion include advancements in infrared technology, increasing demand in security, surveillance, industrial applications, and healthcare sectors.
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The global commercial greenhouse market size valued at USD 39.82 billion in 2024 expanded to USD 43.47 billion in the year 2025 and is expected to reach USD 87.64 billion by the end of 2033, thus undergoing a healthy CAGR of 9.16% during the period between 2025 and 2033. Increasing demand for year-round crop production, advancement of technology in greenhouse systems, and awareness about the need for sustainable agricultural practices are the major motivating factors behind this growth.
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The global wires and cables market was valued at USD 228.20 billion in 2024 and is expected to grow to USD 241.20 billion in 2025, reaching USD 375.82 billion by 2033. This growth is at a compound annual growth rate of 5.70% from 2025 to 2033. The expansion is driven by the increasing demand for renewable energy, infrastructure development, and the advancement of communication technologies in different industries around the world.
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The commercial vehicle market is expected to reach US$ 1388.10 billion by 2033, growing from US$ 839.97 billion in 2024, with a CAGR of 5.74% between 2025 and 2033. This growth is driven by increasing demand for efficient logistics, expanding e-commerce activities, and rising construction and infrastructure projects globally. Government investments in transportation and advancements in electric and autonomous commercial vehicles further contribute to market expansion.
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