The global automotive air filter market is expected to be valued at US$ 5,560.4 million in 2023 and is projected to reach US$ 7,619 million by 2033. A CAGR of 3.2% is expected for the market during the 2023 to 2033 forecast period. This means that sustained expansion in the industry during the given time frame points …
Monthly Archives: December 2023
EV Powertrain Market Surges with a 24% CAGR, Projected to Reach US$ 112,036 Million by 2033
The size of the worldwide EV powertrain market which is estimated at US$ 10,470.6 million in 2022, is anticipated to register a CAGR of 24% from 2023 to 2033. By following this impressive growth rate the total valuation is anticipated to reach US$ 112,036 million by the end of 2033. Since conventional fuel cars are …
Automotive ECU Market Poised for a 4.7% CAGR, Targeting a Market Share of US$ 22.8 Billion by 2033
The automotive ECU market is expected to record a CAGR of 4.7% during the forecast period. The market is anticipated to cross a market share of US$ 22.8 billion by 2033, while it holds a revenue of US$ 14.4 billion in 2023. The demand for automotive ECU rises with the increasing safety norms, rising sales of …
Automotive Wheel Rims Market to Hit US$ 82.83 Billion by 2033, with a 6.01% CAGR
The global automotive wheel rims market in 2022 was US$ 44.5 billion and is estimated to be US$ 46.2 billion in 2023. Future Market Insights has mentioned in its reports that the automotive wheel rims market will expand at a CAGR of 6.01% between 2023 and 2033, totaling around US$ 82.83 billion by 2033. The …
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Battery Swapping Infrastructure Market to reach US$ 1,359.43 million by 2033, Anticipating a Remarkable 21% CAGR
The global Battery Swapping Charging Infrastructure Market is expected to surpass an impressive valuation of USD 202.07 million in 2023 and is projected to exhibit a compound annual growth rate (CAGR) of 21% from 2023 to 2033. Infrastructure for EV charging will be more and more in demand for residential and business uses. The market …
Train Seat Market to Surpass US$ 3.4 Billion by the year 2033 | Future Market Insights, Inc.
The train seat market is estimated to be worth US$ 2.1 billion in 2023 and is anticipated to grow to US$ 3.4 billion by 2033. From 2023 to 2033, the train seat industry is projected to expand at a CAGR of 4.70%. Globally, more convenient and quicker ways of transportation are being nurtured due to …
Electric Boats Market Set to Surge at a 10.4% CAGR, Projected to Reach US$ 15.1 Billion by 2033
The global electric boats market is expected to grow at a CAGR of 10.4% during the forecast period. The market is estimated to secure a valuation of US$ 5.6 billion in 2023 and US$ 15.1 billion by 2033. How do Manufacturer’s Innovations Drive the Global Market? Manufacturers play a vital role in the global market through innovative …
Automotive Homologation Service Market to be worth US$ 1.89 Billion by 2032 with a 3.2% CAGR
The global automotive homologation service market is worth US$ 1.37 Billion as of now and expected to reach US$ 1.89 Billion by the year 2032 at a CAGR of 3.2% between 2022 and 2032. Automotive homologation comes across as the process to certify vehicles/component of vehicle if it has met requirements set through several statutory …
A Comprehensive Exploration of the US$ 30 Billion Personal Mobility Devices Market Anticipating a 9% CAGR by 2033 | FMI
The personal mobility devices market is anticipated to be worth US$ 12.71 billion in 2023, rising to US$ 30 billion by 2033. Personal mobility device adoption is expected to grow at a CAGR of 9% between 2023 and 2033. As urban landscapes evolve, the market’s potential expands beyond traditional scooters and wheelchairs. Micro-mobility solutions, such as compact electric skateboards and smart walking assistance …
Unveiling the US$ 37,398.5 Million Frozen Seafood Market by 2033 Global Growth Trends Propelled by 6.8% CAGR, Fueled by Rising Demand
The market for frozen seafood is anticipated to be worth US$ 19,382.3 million by the end of 2023. It is set to expand at a CAGR of 6.8% between 2023 and 2033. By 2033, the market is projected to contribute a value of US$ 37,398.5 million. The past few decades have seen a notable growth in the …