The Mountain and Snow Tourism Market is forecast to experience an explosive growth of 5% CAGR over the estimated period, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 4.9 billion in 2023. Many tourists are opting for snow-clad mountains to beat the summer heat. Tour agencies are …
Monthly Archives: August 2023
Driving Value and Expansion: Unveiling the Growth Path of the Fifth Wheel Coupling Market
The fifth wheel coupling market is valued at US$ 637.1 Million as of 2023. By 2033, the market is expected to be valued at US$ 1.1 Billion and is projected to grow at a CAGR of 5.8% during the forecast period. Automobile manufacturers are laying a lot of emphasis on passenger safety. Owing to this, …
Extended Stay Hotel Market is Projected to Reach a Value of US$ 166.58 Billion by 2033
The Extended Stay Hotel Market is set to experience significant expansion in the coming years, displaying a promising growth trajectory. Projections indicate that by 2023, the market is expected to reach a notable value of $54.51 billion, showcasing its strong growth potential. This positive momentum is projected to continue as the market steadily progresses at …
Energizing Innovation: Navigating the Evolution of the Automotive Battery Management System Market
According to ESOMAR-certified Future Market Insights’ (FMI), The Automotive Battery Management System Market is anticipated to register a CAGR of 25.6%. It is predicted that the market for car battery management systems will grow from US$ 3.8 billion in 2023 to US$ 37.4 billion by 2033. In the near future, electric vehicles will dominate the …
Agro-Rural Tourism Market is Projected to Reach US$ 160.9 Billion by 2033 | Future Market Insights
The Agro-Rural Tourism Market is expected to continue growing in 2023, reaching an estimated value of around US$ 91.6 billion. Furthermore, the market analysis by FMI predicts a strong CAGR of 5.8% from 2023 through 2033, signaling continuous demand and industry expansion. By the end of this forecast period, the total market size could reach …
Illuminating Growth: Exploring the Trajectory of the Automotive Lighting Accessories Market from 2023 to 2033
In 2023, the automotive lighting accessories market is estimated to be reach around US$ 9.1 billion. Demand is anticipated to witness a growth outlook of 6.5% over the coming assessment period of 2023 and 2033. Demand for automotive lighting accessories is estimated to be impacted by certain demographic and macro-economic factors including rise in per …
Revving Up Revenue: The Business Dynamics Behind the Rising Valuation of the Gasoline Direct Injection System Market
The global gasoline direct injection market is projected to attain a valuation of US$ 10.6 billion in 2023 and is expected to accumulate US$ 25.79 billion by 2033, rising at a CAGR of 9.2% during the forecast period. Global efforts to address deteriorating ambient air quality have led to the adoption and enforcement of stricter …
Driving Business Growth: The Business Implications of Growing Demand for Automotive ABS and ESC Systems
According to a recent research report from Future Market Insights (FMI), the global automotive ABS and ESC market is poised for dynamic growth throughout the forecast period of 2022 to 2029. Projections indicate that the global sales of automotive ABS and ESC are anticipated to exceed a remarkable revenue milestone of US$ 100 Billion by …
Revolutionizing Tourism: Big Data Analytics Poised to Reach $486.6 Billion by 2033
The Tourism Industry Big Data Analytics Market is likely to reach US$ 486.6 billion by 2033, registering a CAGR of 8%. This is a substantial upsurge from its projected worth of US$ 225.4 billion in 2023. The market has experienced significant growth and relevance. This development can be attributed to the tourist industry’s growing use …
Concrete Fibers Market Set for Rapid Growth: Anticipated to Reach US$ 4.39 Billion by the End of the Forecast Period with a 9.75% CAGR
The Concrete Fibers Market has experienced significant growth and development over the past few years due to the rising demand for improved concrete reinforcement solutions in various construction projects. Concrete fibers are widely used to enhance the performance, strength, and durability of concrete, making it an essential component in modern construction practices. The global Concrete …