The global automotive aftermarket industry is expected to witness a shift towards proprietary channels and partnerships, via e-Commerce platforms in particular. The automotive aftermarket scenario indicates that, currently, around half of the revenue comes from wear and tear parts, which include mechanical performance tuning components such as fuel pumps, fuel injectors, brake shoes, and suspension …
Monthly Archives: October 2022
Development of Moldable Batteries to Drive the Market Growth: Motorcycle Lead Acid Battery Market to Surpass US$ 5,256.93 Mn by 2032
The motorcycle lead acid battery market is expected to grow from US$ 5,256.93 Mn in 2022 to US$ 8,686.11 Mn by 2032. The sales of motorcycle lead acid batteries is expected to rise at a CAGR of 5.15% during 2022-2032. The demand for motorcycle lead acid batteries is increasing in electric, hybrid, light, and heavy …
Cardiac Rehabilitation Market Size & Share | Global Industry Report for 2022-2032
The cardiac rehabilitation market size is likely to expand its roots in the global market at an average CAGR of 6.0% between 2022 and 2032. The market is valued at US$ 2.1 Bn in 2022 and is likely to reach US$ 3.8 Bn by 2032. Previously, the market was thriving at a slightly higher CAGR of 6.5% …
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According To FMI, North America Has The Highest CAGR In The Steel Pipe Market At 28.3%
With a 28.3% share of the steel pipe market, North America has a significant impact. The pipeline network is expanding, energy and infrastructure projects are increasing, steel pipes are in greater demand in the vehicle industry, power plant capacity is increasing, and the oil and gas industry is booming, all of which are driving the steel pipe …
North America Is Expected To Be The Second-Largest Clean Steam Separator Market – FMI
The global clean steam separator market, which is expected to grow at a CAGR of 3%, is anticipated to reach a market value of US$ 3,441.3 Million by the end of the forecast period and US$ 2,554 Million in 2022. In the period from 2016 to 21, the industry showed a compounded expansion rate of 2.8%. The market’s expansion can …
Smart Pump Market Sales to be worth US$ 2,030.5 Mn by 2032, Get Insights FMI
In 2022, the market sales for smart pumps is projected to be worth US$ 947.6 Mn. The market for smart pumps is anticipated to grow at a 7.9% CAGR over the forecast period, reaching US$ 2,030.5 Mn by 2032. Over the course of the assessment period, a significant increase in automotive vehicle production and a developing automotive aftermarket are anticipated to …
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Europe Is Anticipated To Get Hold Of A Soil Testing Market Share Of 30.0% – FMI
With a projected CAGR of 5.0% over the forecast period, the global soil testing market is anticipated to generate revenues of US$5,670.2 million by 2032, up from US$3,482.3 million in 2022. Due to its capacity to identify the characteristics of soil material and rock, which is essential knowledge for end-use industries like the construction and agricultural sectors, among others, soil testing …
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Drug Screening Market Size Worth US$ 18 Bn by 2032 – Exclusive Report by FMI
The global drug screening market size is projected to expand at a 16% CAGR from US$ 5.3 Bn in 2021 to US$ 18 Bn by 2032 showing an immense improvement. A crucial driver of the drug screening market is the overuse of prescribed drugs and the elevated use of narcotics. According to one of the recent World …
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According To FMI, The Market For Water Leak Sensors Is Expected To Reach US$3,462.4 Million By 2032
The market for water leak sensors is anticipated to reach US$ 3,462.4 Mn in value by 2032, up from US$ 1,777.6 Mn in 2022, growing at a CAGR of 6.9 percent over the forecast period. Sales of water leak sensors are anticipated to be driven by the integration of the Internet of Things (IoT), artificial intelligence (AI), cloud or edge-based services, and their …
With 16% Revenue, North America Is Projected To Experience Significant Growth In The Trash Rack Cleaning Machine Market
By 2032, the market for trash rack cleaning machines is anticipated to reach US$ 408.5 million, up from US$ 286.8 million in 2022, growing at a CAGR of 3.6%. Due to their frequent rough use, trash racks are used and occasionally need to be cleaned. The demand for trash rack cleaning equipment is anticipated to increase significantly as a result. The …