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A recently published study by FMI expects the global automotive axle market to augment at a 2% CAGR from 2022 to 2032. By the end of the said assessment period, a valuation of US$ 74.60 Billion is expected for the market. Increase in sales of luxurious cars, passenger cars and heavy commercial cars are escalating the demand …
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Automotive screenwash products keep windshields clean to help drivers drive efficiently in any weather conditions. Also, keeping the windscreen clean is a legal requirement in some countries. Automotive screenwash products also offer protection against freezing; they contain freezing agents such as methylated spirits to prevent the fluid from freezing in the reservoir, pump and tubing …
The bicycle market is expected to see a substantial CAGR of 4.76%, and is projected to increase from US$ 1116.5 billion in 2021 to US$ 1861.8 billion by 2032. The customer demand for bicycle as a practical form of exercise to ensure a healthy life free from obesity and other illnesses is predicted to further …
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The Global Magnetic Materials Market is expected to reach a CAGR of 9.3 between 2022 and 2032. Magnets are now used in all areas of industry. The microphones we use for electric motors in cars are all derived from magnets. For example, MRI, now widely used in the medical industry, called Magnetic Resonance Imaging, uses powerful magnets combined with radio waves to diagnose a variety of conditions inside the body. In its latest report, ESOMAR-certified market research firm Future Market Insights …
An automotive back-up camera is a special kind of camera (video) which is produced precisely for the motive to be mounted to the rear side of a vehicle to support in backing up. These are specially designed to avoid back-up accident by a vehicle. These camera are commonly attached to the vehicle head unit display. The …
The market for glass fiber reinforced plastic composites market is growing continuously and is expected to grow at a moderate CAGR of 6.6% between 2022 and 2032. Glass fiber reinforced plastic is a lightweight and durable material made from very fine glass fibers . Compared to carbon fibers, glass fibers have low brittleness and the glass fibers used to manufacture …
Automotive engineering services incorporates servicing and diagnostic of electrical, mechanical, electronics, and software systems of a vehicle. Automotive engineering services provider develop, design, fabricate, & test component of a vehicle or the whole from the concept phase to use phase. It could either be outsourced by the manufacturers or done by themselves called in-house automotive …
The aircraft strut market is anticipated to expand at a lower CAGR of 6.6% between 2022 and 2032, reaching a value of US$ 8.5 Billion by 2032. The market holds US$ 3.9 Billion in 2022. Aircraft struts are a significant component in the assembly of an aircraft. The aircraft is surging traffic daily with more …
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Trim Tabs are devices that perform vital aerodynamic stability functions in aircrafts and marine vessels. Trim tabs are essentially available in the form of metallic plates that provide surface control. In an aircraft, trim tabs are placed as a secondary control mechanism at the trailing edge of primary control devices, such as a rudder or …
Electric motor horn is a device used in a vehicle which transforms electric energy into mechanical energy. The working of an electric motor horn is based on the principle of electromagnetism, in which mechanical energy helps to create a loud noise. An electric motor horn works as a safety device in a vehicle to alert other …