The U.S. automotive and aircraft leather aftermarket is projected to reach a valuation of US$ 7.8 Bn in 2021. Rising demand for high-quality, lightweight, and durable leather for automotive and aircraft interiors is expected to push sales at 3.6% CAGR, with the market valuation reaching US$ 11.1 Bn in 2031. Automotive and aircraft interior genuine leather is designed to provide comfort and to …
Monthly Archives: November 2022
Europe Is Latest Plate Heat Exchanger Market, With A Revenue Of 26%: Get Insights FMI
Europe is the latest plate heat exchanger market, with a revenue of 26%. This is attributed to the UK’s aim towards zero-emission regulations for residential and commercial buildings and focusing on less carbon-intensive processes. Furthermore, the European government’s stringent environmental protection policies state that a 20% reduction in greenhouse gas emissions and a 20% increase …
Brazil Culinary Tourism Market is Projected to Increase at a 17.6% CAGR over the forecast period (2022-2032)
The Brazil culinary tourism market is anticipated to be worth US$ 17,831 Mn in 2022. Sales in the market are projected to increase at a 17.6% CAGR over the forecast period (2022-2032). Growing penetration of online websites and social media structures is one of the key factor propelling the demand in Brazil culinary tourism market. Rising trend of wine making …
Passwordless Authentication Market is projected to grow at a CAGR of 15.3% from 2022 to 2032 | Get holistic data report by FMI
The passwordless authentication market is projected to grow US$ 13,450.4 Million in 2022, at an expected CAGR of more than 15.3% between 2022 and 2032, totalling around US$ 55,679.4 Million by 2032. Passwordless authentication is basically a type of multi-factor authentication, which requires users to prove their identity without using passwords as a factor. Some authentication may still require …
Sleeper Pads Market Is Likely To Reach US$ 73.50 Bn By 2032: Discover More Insights From FMI
The sleeper pads market is likely to record a strong CAGR of 7.1% during the forecast period. The sleeper pads market is currently valued at US$ 68.63 Bn in 2022 and is likely to reach US$ 73.50 Bn by 2032. Sleeper pads are customized resilient systems designed to improve the quality of the track by reducing track maintenance …
Automotive Wheel Bearing Aftermarket predicted to grow at a moderate CAGR of 4% during 2022 to 2032
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 …
Marine Boiler Burner Market – Major Revenue Gains are Expected by 2032
The marine boiler burner market is likely to register a CAGR of 5.2% during the forecast period, and is anticipated to reach a market share of US$ 6.85 Bn in 2032 from US$ 3.73 Bn in 2020, owing to the increasing automation in boiler fuel burning technology, such as artificial intelligence (AI). Marine boiler burner is a part …
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Dark Tourism Market to Display Impressive Growth of 2.0% with Rising Demand
The dark tourism market is poised to reach a valuation of US$ 30 Bn in 2022. Sales are projected to increase at a 2.0% CAGR, with the market size reaching US$ 36.5 Bn by 2032. Dark tourism is very distinct kind of tourism as it involves visiting to places that have a dark history. Mostly this history is related to deaths and grief which …
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Demolition Equipment Market Size Predictions : US$ 1713.99 Mn by 2032: Says FMI
The demolition equipment market is expected to grow at a 6% CAGR during the forecast period, rising from US$ 902.91 Mn in 2021 to US$ 1713.99 Mn by 2032. During the forecast period, the demolition equipment market is expected to show promising growth prospects. Older buildings are demolished with demolition equipment that cuts steel rods, …
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Automotive Glass Market is predicted to reach US$ 3.7 Billion in 2022 and to reach US$ 5.2 Billion in 2030 | FMI
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 …