The global ADAS sensors market in 2022 was US$ 28.12 billion and is estimated to be US$ 30.53 billion in 2023. As per the Future Market Insights projection, the ADAS sensors market is anticipated to expand at a CAGR of 8.7% between 2023 and 2033, totalling around US$ 70.33 billion by 2033. Key Takeaways from …
Author Archives: Editor AM
Empowering Homes: Exploring the Home Energy Management Systems Market
The global market for residential energy management systems is expected to reach USD 2,892.4 million in sales by 2023. Demand is expected to grow at a CAGR of 17.7%, reaching USD 104,360.3 million by 2033. The primary drivers of this expansion are increased power demand and cutting-edge technology such as the smart grid. Market progress is …
Continue reading “Empowering Homes: Exploring the Home Energy Management Systems Market”
Navigating the Future: Autonomous Vehicles Market Projected to Reach US$ 70,331.5 Million by 2033 with an 8.7% CAGR
In 2023, the autonomous vehicles market is expected to be worth US$ 30,539.0 million. The revenue from sales of autonomous vehicles is anticipated to reach around 70,331.5 million by 2033, growing at a CAGR of 8.7% between 2023 and 2033. Key Takeaways from the Autonomous Vehicles Market: With a market share of 28.1% in 2033, …
Charging Ahead: Fuel Prices, Lithium-ion Batteries, and Technological Advances Energize Electric Vehicle Battery Sales
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. The increasing transition toward electric vehicles (EVs) is expected to propel accelerated battery demand in leading automobile …
Dual-Clutch Market’s Remarkable Growth at 9.8% CAGR to Reach US$ 52.1 Billion by 2033
The dual-clutch transmission market is likely to thrive at a CAGR of 9.8% during the forecast period. The market is anticipated to cross a market share of US$ 52.1 billion by 2033, while it holds a revenue of US$ 20.4 billion in 2023. – The market demand for dual clutch transmission rises with the companies adopting the …
Driving Efficiency: Cylinder Deactivation Systems Set to Exceed US$7.1 Billion by 2033, Fueled by Regulatory Push for Reduced Vehicle Emissions – Insights from Future Market Insights
Analysis conducted by Future Market Insights (FMI) reveals that Cylinder Deactivation Systems (CDS) Market is estimated to register a sum of US$ 4.5 billion by the end of 2023. It is projected to reach US$ 7.1 billion by 2033 while growing at 4.6% CAGR during the forecast period 2023 to 2033. Overhead camshaft design is estimated to …
Elevating Mobility: Navigating the Currents of Innovation and Demand in the Stair Lift Motors Market
The market for stair lift motors is anticipated to be worth US$ 196.2 million in 2023 and US$ 307.6 million by 2033. During the projection period, sales of stair lift motors are anticipated to grow significantly at a CAGR of 4.6%. In 2022, the market for stair lift motors is anticipated to reach US$ 139.3 …
Teledentistry’s Digital Revolution: Market Predicted to Reach US$ 6.56 Billion Value by 2032
The global Tele Dentistry Market is expected to grow at a phenomenal rate of 16.30% between 2022 and 2032. The global tele dentistry market is expected to be worth US$ 1.45 billion in 2022, rising to US$ 6.56 billion by the end of 2032. According to the historical valuation of the global tele dentistry market, …
Fluid Intelligence Unleashed: Tracing Key Players, End-User Dynamics, and Evolution of Demand in the Smart Pump Market from 2023 to 2033
In 2023, the market for smart pumps is projected to be worth US$ 1,021.9 million. The market for smart pumps is anticipated to grow at a 7.8% CAGR over the course of the forecast period, reaching US$ 2,165.7 million by 2033. According to Future Market Insights, the market for intelligent pumps is primarily driven by …
Unveiling Oral Wellness: Dental Flap Surgery Market Projected to Garner US$ 10.31 Billion by 2032
According to Future Market Insights, the Dental Flap Surgery Market is expected to grow at a 7.5% CAGR between 2022 and 2032. By 2032, the global market for dental flap surgery is expected to reach a value of US$ 10.31 billion. The key factors driving the industry’s growth are an increase in the prevalence of …