The global automotive seat heater market reached US$ 2,871.1 million in 2022. Over the forecast period, global automotive seat heater demand is anticipated to rise at a 6.7% CAGR. Total market value is predicted to increase from US$ 3,030.0 million in 2023 to US$ 5,790.8 million by 2033. The market for car seat heaters is expanding due to the escalating rivalry in the …
Monthly Archives: May 2024
Exploring Opportunities: Technical Coil Coatings Industry Anticipates Expansion at 4.9% CAGR, Targeting US$ 13.0 Billion by 2027
Technical coil coating industry is a process in which a coating material is applied on the metal strip in a continuous process. The technical coil coating process involves chemical pre-treatment of the metal surface on either one side or both the sides. The process is used in many industries like construction, transportation, furniture etc. According to …
Gum Rosin: A Sustainable Solution Driving Growth in Paints, Coatings, and Adhesives Market
The global gum rosin market is expected to witness an average CAGR of 4.7% from 2023 to 2033. The target market in this region will reach a valuation of US$ 2,460.2 million by 2033, rising from an estimated US$ 1,554.2 million in 2023. Historically, the gum rosin market recorded a sluggish CAGR of 3.6% and …
Middle East/North Africa (MENA) Commercial Vehicles Market to be worth US$ 11.4 billion by 2033
The Middle East/North Africa (MENA) Commercial Vehicles market is projected to advance at a CAGR of 5.1% during the period 2023 to 2033. The market is expected to reach a valuation of US$ 6.9 billion in 2023. By 2033, the estimation is projected to cross US$ 11.4 billion. The market is mainly driven by an …
Bicycle Components Aftermarket to Hit US$ 28.3 Billion by 2033
The Bicycle Components Aftermarket in 2022 was US$ 14 Billion and is estimated to be US$ 14.62 Billion in 2023. According to FMI analysis, the bicycle components aftermarket is projected to expand at a CAGR of 6.9% between 2023 and 2033, totaling around US$ 28.3 Billion by 2033. Key Takeaways from this study are: The …
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Down and Feather Market Projected to Reach US$ 16,175.3 Million by 2033, with a 7.9% CAGR
Based on the latest findings from Future Market Insights (FMI), the down and feather market is valued at US$ 7,567.3 million in 2023, with projections indicating a surge to US$ 16,175.3 million by 2033, exhibiting a Compound Annual Growth Rate (CAGR) of 7.9% from 2023 to 2033. This growth trajectory reflects increasing demand for down and feather …
Rising Demand for Garage Floor and Pool Paints Propels Epoxy Paints Market Growth: US$ 36.38 Billion by 2032
The epoxy paints market is poised for significant growth, with a projected compound annual growth rate (CAGR) of 5% expected through 2032. By this time, the market is anticipated to reach a valuation of US$ 36.38 Billion, representing a substantial increase from its 2022 value of US$ 59.26 Billion. This growth trajectory underscores the increasing …
Automotive MEMS Sensor Market is Anticipated to Register 13.7% CAGR through 2033
The automotive MEMS sensors market is anticipated to secure a valuation of US$ 3.9 billion in 2023 and is predicted to reach US$ 14 billion by 2033. The market is estimated to capture a CAGR of 13.7% during the forecast period. How the Top Countries Surge the Automotive MEMS Sensors Market? The top countries are surging …
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Personal Watercraft Market Projected to Register 6% CAGR through 2032
The global personal watercraft market is expected to grow at a positive CAGR of 6% and reach a substantial value by 2032. The target market was valued at US$ 1.6 Bn in 2020 and will likely continue to perform well during the forecast period. With the increasing application of personal watercraft in marine and water …
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Electric Vehicle Sensor Market Worth US$ 49,392.50 million by 2034, Growing at a CAGR of 16.5%
After a detailed analysis on the EV charging cable market, FMI recently published a new report on the electric vehicle sensor market. As per the analysis, sale of electric vehicle sensor holds a current valuation of US$ 10,725.11 million in 2024. Going by this pattern, demand could rise and equate to a market valuation of US$ …