The automotive natural gas vehicle market remains in its infant stage, despite sales growth in the last three to four years. The automotive natural gas vehicle market is expected to grow at a CAGR of 7% between 2022 and 2032. The automotive natural gas vehicle market is growing in many countries due to low-cost CNG …
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Waterproof E-Scooter Market Expected to Surge with a 5.0% CAGR, Forecasted to reach US$ 8.3 Billion by 2032
The water proof E-Scooter market is expected to escalate at a CAGR of 5.0% from US$ 5.1 Billion in 2022 to US$ 8.3 Billion by 2032. According to FMI analysts, more than 71% of E-Scooter models have water resistance ratings. (This is an increase from 40% in 2021). It’s crucial to note, however, that the level of …
Automotive Sunroof Market Projected to Reach US$ 21.09 Billion by 2033, Fueled by a CAGR of 11%
The automotive sunroof market is likely to hold a valuation of US$ 21.09 billion by 2033. As of 2023, the market value is US$ 7.42 billion. As the automobile industry grows, the automotive sunroof market is expected to expand at a CAGR of 11% from 2023 to 2033. By the end of 2023, more than …
Driver Monitoring System Market Set to Grow Steadily with a 7.5% CAGR from 2023 to 2033
The Driver monitoring system market is anticipated to expand its roots at a steady CAGR of 7.5% between 2023 and 2033. The market is expected to have a market share of US$ 9.3 billion by 2033 while it is likely to be valued at US$ 4.5 billion in 2023 The higher demand for self-driving automotive …
Electric Vehicle Battery Market Poised for Growth with an CAGR of 8.5% | Future Market Insights, Inc.
The electric vehicle battery market is forecast to experience a growth of 8.5% CAGR over the estimated time, as per FMI’s analysis. The industry’s size is predicted to reach a market value of US$ 9,402.3 million in 2023. Top Highlights from the FMI’s Analysis of the Electric Vehicle Battery Market: The United States electric vehicle …
Retread Tire Market Projected to Surpass US$ 20 Billion by 2033 | Future Market Insights, Inc.
The global retread tire market is anticipated to reach USD 11.2 billion in 2023 and is expected to be worth USD 20 billion by 2033, trailing a CAGR of 6% during the forecast period. The market is expected to experience significant growth, primarily influenced by the increasing prices of new tires, particularly for sports utility …
Automotive Performance Tuning and Engine Remapping Services Market Projected Growth to US$ 1,100 Million by 2033
As per Future Market Insights, the global automotive performance tuning and engine remapping services market is estimated to attain a valuation of US$ 586.22 million in 2023. The market is expected to reach US$ 1,100 million by 2033, rising at a CAGR of 6.4%. The market growth is expected to be driven by increasing demand …
3D Scanners Market Set for Remarkable 14.5% Year-on-Year Growth, Anticipating a US$ 9.65 Billion Peak by 2030
The 3D scanners market is projected to reach US$ 9.65 Billion by 2030, at a CAGR of 14.5% between 2022 and 2030. 3D scanners have been witnessing huge adoption for commercial use cases. In addition, the flexibility of 3D scanning technology to be customized as per professional requirements in several industries has boosted its adoption across prominent end-use industries. Case in …
Digital Signature Market Set to Skyrocket with a 20.8% CAGR, Expected to Reach US$ 21,455.6 Million by 2023
The digital signature market is on a remarkable growth trajectory, with a projected value of US$ 21,455.6 million expected by 2023. This flourishing market shows no signs of slowing down, as it is anticipated to maintain a robust value (CAGR) of 20.8% from 2023 through to 2033 The increasing reliance on digital transactions, the need for secure and authenticated electronic documents, …
Project Management Software Market Set to Soar at 13.1% CAGR, Expected to Reach US$ 20.4 Billion by 2032
The project management software market is experiencing remarkable growth, with projections indicating that it will reach an impressive valuation of approximately US$ 20,420.6 million by the year 2032. This substantial expansion is set to transpire at a (CAGR) of 13.1% over the decade, starting from 2022. This robust growth trajectory underscores the increasing significance of project management software in today’s …