Examples of CAGR in a sentence
The global catheters market is projected to reach USD 24.2 billion by 2025 from USD 15.9 billion in 2020, at a CAGR of 8.7%.
As an example, the nanomaterial market is projected to reach 3,210.0 million USD by 2025, actuating at an estimated CAGR of 67.3% from 2019 to 2025 (Xxxxx, Nanda, & Xxxxx, 2015).
Regarding the efficiency of PV, the market for thin-film solar PV is expected to grow at a CAGR of 23.02% during the forecast period of 2020 - 2025.
The fuel cell performance of the recycled Nafion is close to that of the pristine Nafion (Xxx, Xxxx, Xxxx, & Xxxx, 2010) Finally, the axes number three, supercapacitors SC, has a market valued at $834.33 million in 2019, and it is expected to reach $2663.7 million by 2025, registering a CAGR of 21.8%, during the period of 2020-2025.