New Product Development
During the projection period of 2022-2032, the global automotive sunroof market is estimated to expand at a value CAGR of 11%, reaching a valuation of more than US$ 19 Bn by 2032 Increasing passenger car sales in conjunction with increased per capita income and consumer spending toward vehicle interiors and effective ventilation will drive the …
Continue reading “Automotive Sunroof Market Key Opportunity, Analysis, Growth, Trends 2032”
Over the forecast period of 2022-2032, the tire pressure monitoring system market is expected to grow at a CAGR of 10.3% to reach a value of US$ 7.7 Bn by 2032. Commercial vehicles are heavier and despite being well-equipped with tire pressure, suffer frequent tire burst due to poor road conditions. TPMS takes away the …
The Emotion detection and recognition market is set to witness steady growth during 2021-2031. One of the major growth drivers for the emotion detection and recognition market happens to be the rising adoption of Internet of Things, Artificial Intelligence, Machine Learning, and Deep Learning technologies across the globe. Moreover, growing demand for emotion detection and recognition software …
The approximately US$ 3.3 billion market for automotive gudgeon pin is poised for a moderate, just-under 5% yearly growth in the revenue, in 2022. A new study by Future Market Insights emphasizes the critical role of aftermarket in influencing the overall sales picture of automotive gudgeon landscape. Future Market Insights (FMI) has estimated the Automotive Gudgeon …
Continue reading “Automotive Gudgeon Pin Market Estimated to Expand at a Robust CAGR By 2027”
Over the forecast period of 2022-2032, the automotive actuator market is expected to grow at a CAGR of 6.6% to reach a valuation of US$ 25.4 Bn by 2032. Automotive actuators are a crucial component of electronic control systems in vehicles as they aid in the conversion of electrical impulses from control units to action. …
Continue reading “Automotive Actuator Market : Key Players, Growth, Analysis, by 2032”
The global park assist system market is projected to reach a valuation of US$ 595.6 Mn in 2022. Demand is forecast to increase at a 14.3% CAGR during the forecast period, reaching US$ 2.2 Bn by 2032. Park assist system, which is also known as advanced parking guidance system, helps the driver park with higher …
Continue reading “Park Assist System Market Expected to Witness High Growth by 2032”
The Cryogenic technology demand is expected to grow at a CAGR of around 10% during the forecast period 2021-2031. The market growth can be attributed to factors such as high demand for industrial gases from end-use industries and infrastructure developments for catering high LNG demand. Also, the increasing number of space missions and innovations in cryo-electronics is …
Continue reading “Cryogenic Technology Market Key Players, End User, Demand and Consumption by 2031”
The global night vision system market is expected to surpass a valuation of US$ 1.2 Bn by 2032, with sales growing at a 13.9% CAGR over the forecast period. Increasing sales of luxury cars, along with rising awareness regarding road safety is boosting the requirement for improved night visibility range and quality. This is expected …
Continue reading “Night Vision System (NVS) Market Prospects and Growth Assessment 2032”
The Community cloud demand is expected to grow at a CAGR of around 24% during the forecast period 2021-2031. Global demand for high performance with low latency infrastructure is a significant driving factor for community cloud industry. Along with it, achieving economies of scale by use of shared cost model, shared concerns for data redundancy, security and …
Over the forecast period of 2022-2032, the lane departure warning (LDW) market is expected to grow at a CAGR of 9.7%, reaching US$ 12.9 Bn by 2032. All vehicles have sensors, and despite being well-equipped with mirrors, they have poor visibility, resulting in road accidents. As a result, all heavy-duty manufacturers are required to install …
Continue reading “Lane Departure Warning (LDW) Market to Garner Brimming Revenues by 2032”