The automotive wheel bearing aftermarket is growing steadily with the rise in production of higher load carrying commercial vehicles, high performance vehicles, and others. Maintenance of wheel bearings is important to maintain smooth wheel functioning and free rotation of the wheel hub. This is creating increasing demand for automotive wheel bearing aftermarket services. A new study by …
Monthly Archives: March 2022
Automotive Glass Market Expanding at a steady 4% CAGR, the market valuation is projected to reach US$ 5.2 Bn in 2030
The global demand for automotive glass has declined significantly in 2020, with the Covid-19 pandemic restricting automotive production and reducing new orders in the manufacturing sector. However, long-term prospects remain bullish, with a new report by FMI projecting 4% CAGR through 2030. The report opines that market players will benefit from smart glass technology and the rising …
Bicycle Chain Market is anticipated to boost sales at a 4.9% CAGR, pushing the market size to US$ 1.4 Bn in 2029
The ever rising number or cycling enthusiasts has been aiding expansion of bicycle chains market. Future Market Insights (FMI) in a recent study forecasts the market demonstrate a steady growth at 4.6% between 2020 and 2030. Bicycles have been through numerous design changes over the years, currently however the focus is more on ensuring robust performance …
Automotive Exterior Trim Parts Market Rising at a steady CAGR of 4.7% (2022-2030)
Future Market Insights, an ESOMAR certified market research firm, in its latest study on the automotive exterior trim parts opines that the market will reach a valuation of US$ 30.3 Bn by the end of the year 2030. Rising at a steady CAGR of 4.7% (2022-2030), the global automotive exterior trim parts market, which accounts for a …
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Aircraft Tube and Duct Assemblies Market is projected to expand at a CAGR of 4% during the forecast period of 2019-2029
Passenger traffic in the aircraft industry continues to register growth rates above historical averages, supported by the reduced price of travel and increasing middle-class population in developing markets. This rise is playing a crucial role in driving the growth of the global aircraft tube and duct assemblies market. The global aircraft tube and duct assemblies market …
Motorcycle Lead Acid Battery Market is projected expand at a CAGR of 5.6% during the forecast period of 2019-2027
Primarily used in motorcycles, absorbent glass mat (AGM) batteries are gaining significant traction in the global market due to their properties such as swift recharge and high voltage capability. Motorcycles are experiencing a significant surge in demand in regions such as North America and Europe, while Asia Pacific has always been a region with high …
Automotive Performance Parts Market is anticipated to total US$ 324.5 Bn in 2021, And expected to grow at a CAGR of 4.7% through 2031
The global automotive performance parts market is primarily driven by consumers’ desire to improve their vehicle’s performance in terms of exhaust, speed, and cosmetic factors, among other things. As per ESOMAR-certified consulting firm Future Market Insights (FMI), the global automotive performance parts market is anticipated to total US$ 324.5 Bn in 2021. With increasing sales of passenger vehicles across …
Automated People Mover Market is anticipated to witness a considerable CAGR of 5.7% by value during the period of 2022 and 2029
Automated people movers enable efficient interconnection between airport gates and city centers at several airports. Low capital investments and relatively lesser operational costs would remain the primary factors driving adoption of automated people movers. Future Market Insights (FMI) recently published a research report on automated people mover market that projects a healthy 5.1% CAGR for …
Marine Fin Stabilizer Market is projected to increase at a CAGR of ~3.6% during the projected period of 2022-2029
A new market research report, published by Future Market Insights, on the marine fin stabilizer market analyses the global industry trends during 2014 – 2021 and forecasts market growth and opportunity assessment for the period, 2022 – 2029. The report covers latest trends, market dynamics, key success factors, macro-economic factors, forecast factors, industry value chain …
Aircraft Carbon Brake Disc Market was valued at ~US$ 900 Mn in 2018 and is projected to increase at a CAGR of ~6% during the projected period of 2019-2029
Future Market Insights has published a new market research report on the aircraft carbon brake disc market that contains global industry analysis during 2014 – 2018 and opportunity assessment during 2019 – 2029. The report covers the latest trends, key success factors, growth influencing factors, key information, forecasting factors, macroeconomics factors, and the past market …