The tire pressure monitoring system (TPMS) market is expected to grow at a CAGR of 10.3% to reach a value of US$ 7.7 Billion by 2032. The tire pressure monitoring system (TPMS) market is experiencing significant growth driven by increasing vehicle safety regulations, growing awareness about tire maintenance, and advancements in automotive technology. TPMS is an …
Monthly Archives: January 2024
Automotive Body in White Market Anticipated to Reach US$ 89.4 Billion by 2033
The global automotive body in white market is worth US$ 63.5 Billion as of now and is expected to reach US$ 89.4 Billion by the year 2033 at a CAGR of 3.5% between 2023 and 2033. The automotive body in white (BIW) market encompasses the manufacturing and assembly of vehicle body structures, including the chassis, …
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Electric Kick Scooter Market Forecasted to Reach US$ 8.2 Billion by 2033 with 11.7% CAGR
The global electric kick scooter market is projected to grow at a CAGR of 11.7% during the forecast period. The sales of electric kick scooters are anticipated to surpass US$ 2.7 Billion in 2023. The value of the electric kick scooter market is anticipated to reach a high of US$ 8.2 Billion by the year …
Electric Cargo Bike Market Set to Reach US$ 6.2 Billion by the year 2033 | Future Market Insights, Inc.
The global electric cargo bike market is expected to attain a valuation of US$ 2.1 billion in 2023 and is projected to reach US$ 6.2 billion by 2033, expected to rise at a CAGR of 11.4% during the forecast period. The electric cargo bike market is experiencing rapid growth and transformation as urbanization, sustainability concerns, …
Accelerating Landscape of Variable Speed Generators, Projected to Surpass US$14.2 Billion by 2033
According to Future Market Insights (FMI), the global Variable Speed Generators Market value is expected to reach US$ 8.5 Billion in 2023. Over the assessment period, global sales of Variable Speed Generators are likely to surge at 5.3% CAGR. By 2033, total Market size is anticipated to reach US$ 14.2 Billion. In 2022, the global Variable Speed Generators industry totaled a valuation of US$ …
Envisioning a US$ 103.5 Billion Horizon for the Current-Carrying Wiring Devices Market by 2033 | Future Market Insights,Inc.
The global current-carrying wiring devices market size is projected to reach US$ 49.2 billion in 2023. Over the forecast period from 2023 to 2033, global current-carrying wiring device sales are anticipated to surge at 7.7% CAGR. By 2033, total market value is predicted to reach US$ 103.5 billion. Increasing adoption of current-carrying wiring devices across residential, commercial, …
Automotive Tuner Market Expected to Reach US$ 12 Billion by 2033 | FMI
The global automotive tuner market is anticipated to attain a valuation of US$ 6.4 billion in 2023 and is projected to reach US$ 12 billion by 2033, trailing a CAGR of 6.4% during the forecast period. The automotive tuner market caters to enthusiasts and consumers seeking to enhance the performance, appearance, and customization of their …
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Automotive Glass Market Expected to reach US$ 5.70 Billion by 2033 | FMI
The automotive glass market is anticipated to secure a valuation of US$ 3.85 billion in 2023 and is estimated to rise to US$ 5.70 billion by 2033. The market is securing a CAGR of 4% during the forecast period. The automotive glass market encompasses a wide range of glass products used in vehicles, including windshields, side windows, …
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Refrigeration Oil Market Projected to Reach US$ 2,332.9 Million by 2033, Fueled by Growing Food & Beverage Industry
The refrigeration oil market is poised for substantial growth, with a projected value of US$ 1,425.9 million in 2023, anticipated to soar to US$ 2,332.9 million by 2033. This robust expansion is underpinned by a noteworthy compound annual growth rate (CAGR) of 4.9% throughout the forecast period. The escalating demand for refrigeration oil reflects the …
Soda Ash Market Thrives with a Robust 4.0% CAGR through 2033, Fueled by Surging Demand in the Glass and Ceramic Industry
The soda ash market is poised for substantial growth, with an estimated value of US$19.9 billion in 2023 and a projected surge to US$29.6 billion by 2033. This impressive expansion is underscored by a consistent Compound Annual Growth Rate (CAGR) of 4.0% recorded during the forecast period. The robust sales figures reflect the escalating demand …