The Bicycle Components Aftermarket, valued at USD 14 Billion in 2022 and estimated at USD 14.62 Billion in 2023, is expected to grow at a CAGR of 6.9% from 2023 to 2033, reaching approximately USD 28.3 Billion by 2033, according to FMI analysis. The increasing demand for bicycle components aftermarket is driven by worsening automobile …
Monthly Archives: July 2024
Automotive TCU Market to Surge to USD 22.47 Billion by 2033, Growing at a 5.1% CAGR | FMI Reports
The Automotive TCU (Transmission Control Unit) Market is forecasted to reach USD 13.66 Billion in 2023 and is expected to grow to USD 22.47 Billion by 2033. The market experienced a CAGR of 5.1% between 2023 and 2033. The growth in demand for automotive TCUs is primarily driven by technological advancements. The integration of cutting-edge technologies …
Global New-Born Screening Equipment Market Poised for Remarkable Growth: Expected to Surpass USD 1100 Million by 2032
In 2021, the global new-born screening equipment market achieved a significant valuation of approximately USD 485 million. As we look towards the future, this burgeoning market is projected to experience a robust Compound Annual Growth Rate (CAGR) of 7.8%, with expectations to exceed USD 1100 million by 2032. The impressive growth forecast is driven by …
Global Sports Drug Testing Market Poised for Remarkable Growth, Projected to Reach USD 20.6 Billion by 2032
The global sports drug testing market is on a trajectory of unprecedented growth, with projections indicating a substantial increase from USD 13.4 billion in 2022 to an impressive USD 20.6 billion by 2032. This expansion reflects a robust compound annual growth rate (CAGR) of 17.5% over the next decade. The surge in market valuation is …
Automatic Tire Inflation System Market Estimated to Reach USD 3,755.9 Million by 2033, at a projected CAGR of 5.6% | FMI Reports
The global automatic tire inflation system (ATIS) market is projected to reach a valuation of USD 2,178.1 million in 2023, with a promising growth trajectory driven by telematics integration. The market is expected to expand at a CAGR of 5.6% from 2023 to 2033, potentially achieving a total valuation of approximately USD 3,755.9 million by …
Electric Vehicle Battery Market Forecasted to Expand to USD 21,258.4 Million by 2033, with a CAGR of 8.5% | FMI Reports
The global electric vehicle (EV) battery market is poised for substantial growth, projected to achieve a revenue of USD 21,258.4 million by 2033, up from USD 9,402.3 million in 2023, with a robust CAGR of 8.5%. This expansion is fueled by several key factors, including the increasing adoption of electric vehicles, advancements in battery technology, …
Global Canine Flu Therapeutics Market Poised for Significant Growth, Projected to Reach USD 3.06 Billion by 2033
The global canine flu therapeutics market is set to experience remarkable expansion, with projections indicating a market value of USD 3.06 billion by 2033. Starting from an estimated USD 2.04 billion in 2023, the market is anticipated to grow at a compound annual growth rate (CAGR) of 4.1% over the next decade. Canine influenza, a …
Automotive Garage Equipment Market Set to Hit USD 63.1 Billion by 2033, with a CAGR of 8.94% | FMI Reports
The global automotive garage equipment market, valued at USD 24.4 billion in 2022, is projected to grow to USD 26.8 billion in 2023. According to Future Market Insights, the market is expected to expand at a robust CAGR of 8.94% from 2023 to 2033, reaching approximately USD 63.1 billion by 2033. This significant growth is …
Video Walls Market is Predicted to Reach USD 22,767.9 Million, Globally by 2033 at 10.5% CAGR: Future Market Insights, Inc.
The video walls market is set to expand rapidly in the coming years. By 2023, it’s estimated to be worth about USD 8,388.81 million and by 2033, it could grow to around USD 22,767.9 million, with a steady yearly growth rate of 10.5% from 2023 to 2033. North America, especially the U.S., is expected to play a …
Automotive Repair & Maintenance Services Market Expected to Surge to USD 1,850 Billion by 2033, with a CAGR of 7.2% | FMI Reports
The global automotive repair and maintenance services market is projected to reach USD 915.88 billion in 2023 and is expected to grow at a CAGR of 7.2% from 2023 to 2033, ultimately reaching USD 1,850 billion. This growth presents substantial opportunities for key players, driven by trends such as vehicle customization, increasing disposable incomes, and …