The automotive natural gas vehicle market share 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. Analyzing Demand for Automotive Natural Gas Vehicles from Asia Pacific The Asia Pacific automotive …
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Automotive Steering System Market Share to Hit US$ 24.1 billion in 2023 | Future Market Insights
The global automotive steering system market share is expected to grow at an average CAGR of 4.6% from 2023 to 2033. The target market will accrue a revenue of US$ 38.0 billion in 2033 as opposed to US$ 24.1 billion in 2023. Historically, the market for automotive steering systems registered a CAGR of 2.3% from …
Automotive Door Latch Market size to be worth US$ 9.3 billion by 2033 | CAGR of 4%
The global automotive door latches market size is likely to expand at a CAGR of 4% through 2033. The market is expected to reach a value of US$ 9.3 billion by 2033, from US$ 6.0 billion in 2023. New-age features such as smart sensors and touch-enabled locking systems are appealing to a wider consumer base. Expansion of the …
Depth Sensing Market Value to Grow by Almost US$ 16.1 Billion in 2032 | Future Market Insights, Inc.
The global depth sensing market size reached US$ 10.3 billion in 2022. Over the next ten years (2022 and 2032), global depth sensing demand is forecast to surge at 4.5% CAGR. Accordingly, by the end of 2032, the global market valuation will reach US$ 16.1 billion. Camera/lens module segment currently dominates the global depth sensing industry. Between …
Active Optical Cable Market is Anticipated to Expand at a CAGR of 19.5% from 2022 to 2032 | Report by FMI
The optical cable market would be worth US$ 15.9 billion by 2032. The CAGR between 2022 and 2032 would be 19.5%. The market is expected to be worth US$ 2.7 billion in 2022. Glass fibre strands are used in the majority of fibre optic cables available today. They are kept in a container that is insulated. They …
Aircraft Actuator Market to Surpass US$ 25 Billion by 2032 | Future Market Insights, Inc.
The global aircraft actuator market revenues totaled around US$ 15.2 billion in 2022. Over the next ten years, aircraft actuator sales are likely to rise at 5.1% CAGR. The total market valuation at the end of 2032 will reach US$ 25.0 billion. Rotary type actuators will continue to dominate the global market through 2032. The target segment …
Failure Analysis Equipment Market Size is Set to Reach US$ 20.2 Billion by 2032 | Future Market Insights, Inc.
In 2022, the market for failure analysis equipment is anticipated to be worth US$ 9.4 billion. Sales of failure analysis equipment will increase globally from 2022 to 2032 at a 7.9% CAGR. The global market will surpass a valuation of US$ 20.2 billion by the end of 2032. The global failure analysis equipment market will continue to …
Chip-on-Board Light Emitting Diode (LED) Market to Hit US$ 297.0 Billion by 2032: Says Future Market Insights
The market for chip-on-board light emitting diodes (LEDs) is expected to be worth US$ 297.0 billion in 2032. In 2022, the market is expected to be worth US$ 23.5 billion USD. It would rise at a CAGR of 28.9% between 2022 and 2032. In the chip-on-board method, uncovered silicon bits are placed directly on a substrate or …
Online Food Delivery Services Market Value is Estimated to Reach US$ 97,291.58 Million by 2032
During the forecast period 2022-2032, the online food delivery services market is expected to grow at a value of 9.8% CAGR, according to Future Market Insights. By the year 2032, the global market for online food delivery services is expected to rise up to a market valuation of US$ 97,291.58 Million. Consumers’ exposure to online services is …
Food Dehydrators Market SWOT Analysis, Business Growth Opportunities by Future Challenges and Forecast to 2031
According to newly released report on the global food dehydrators market by FMI estimates that in 2031, the global market for food dehydrators is expected to reach US$ 3,761 Mn. In 2021, the market was estimated at US$ 2,028 Mn. If these projections are correct, the market would grow at a CAGR of 6.4% from 2021 to 2031. Asia Pacific and …