As per a study by Future Market Insights (FMI), the global retread tire sales is estimated to be valued at ~US$ 8.8 Bn in 2021. The increase in average miles driven and growing vehicles parc will drive the tire aftermarket, subsequently fuelling the demand for retreading tires. Despite negative perceptions around retread tires, they continue remain a …
Monthly Archives: May 2022
Emission Control Catalyst Market Key Insights, Profiling Companies and Growth Strategies by 2031
According to ESOMAR-certified consulting firm Future Market Insights’ (FMI), the global emission control catalyst market is projected to rise at above 10% CAGR, surpassing the market valuation of US$ 20.06 Bn during the forecast period 2021-2031. As per Future Market Insights (FMI) analysis, the global emission control catalyst market is anticipated to expand at a 6.50% compound annual growth rate (CAGR) during …
Electric Boats Market Competitor Analysis, Winning Strategies and Growth Drivers 2028
The go-green initiative has catapulted the business models of multiple industries globally and the boating industry is no exception. With traditional gasoline and diesel powered boats significantly increasing pollution levels, the need for alternate sources of energy to propel boats has pushed manufacturers to introduce eco-friendly boats in the global market. Hybrid boats powered by …
Automotive Sensors Market Key Players, Industry Overview, Applications and Analysis 2031
The automotive sensor demand will continue rising through 2021 with worldwide demand projected to increase by 5.5% year over year. As per Future Market Insights (FMI), automotive sensor revenues generation will increase at a ten-year compound annual growth rate (CAGR) of 7.2%, as the automotive production recovers after bucking scepticism about how the market would perform post pandemic. NXP Semiconductors N.V., …
Advanced Driver Assistance System (ADAS) Testing Equipment Market Trends, Growth, Future Demand, Analysis and Forecast by 2031
As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ADAS testing equipment market reached US$ 222,486 Thousand in 2021. Development of sophisticated ADAS equipment, coupled with increasing adoption of autonomous vehicles in various countries, is identified as key growth accelerators in the report. Owing to these factors, FMI has projected the market …
Automotive Seat Heater Market Size, Share, Growth Trends, and Forecast Analysis to 2028
Future Market Insights (FMI) has published a new research report on automotive seat heaters. The report has been titled, “Automotive Seat Heater Market: Global Industry Analysis 2013–2021 and Opportunity Assessment 2022–2028.” The report states that the growing inclination of consumers across the globe towards luxury and premium vehicles is expected to boost the demand for automotive …
Solar Pumps Market Focusing on Current Trends, Leading with Top Key Players
FMI has released a new market research study on the solar pumps market that includes global industry analysis 2014–2018 and opportunity assessment 2019–2029. The report investigates the solar pumps market and provides critical insights for the forecast period of 2019-2029. As per the study, the solar pumps market is projected to experience generous growth throughout the forecast …
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Automotive Battery Management System Market Will Generate New Growth Opportunities in Upcoming Year
In the near future, electric vehicles will dominate the clean vehicle market, and necessitate demand for revolutionary battery management systems. Steadily growing demand for battery management systems in e-bikes as well as electric cars will squarely surge market growth. According to a new research report published by Future Market Insights (FMI), the automotive battery management system …
Spark Plug Market Brief Forecast and Analysis by Top Key Players to 2031
According to ESOMAR-certified Future Market Insights’ (FMI), the spark plug market will register positive growth with the overall valuation forecast to surpass US$ 3.20 Bn in 2021. The market’s worth will increase at a compound annual growth rate (CAGR) of 4.5% between 2021 and 2031. Market players are investing towards developing spark plugs which offer long life …
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Butter Flavour Market | Competitive Insights with Key Driving factors and Top Players by 2032
The butter flavour market was valued at US$ 258.7 Mn in 2021 and is projected to grow at a CAGR of 7.1%, to reach a value of US$ 550.1 Mn by 2032. As per the butter flavour market analysis, the organic butter flavour segment will grow by 516 BPS, while the artificial butter flavour segment lost 208 BPS over the forecast period. This growth …