Ship repair and maintenance services market is set to be valued at US$ 44.3 Bn, expanding at 6.5% CAGR through 2031, according to latest research conducted by Future Market Insights (FMI). As per Future Market Insight (FMI), the ship repair and maintenance services market is expected register year-on-year (YoY) growth of 5.9%, reaching US$ 23.6 Bn in 2021. Request a Sample of this …
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Automotive Turbochargers Market is Set to Experience Revolutionary Growth by 2031
As per a recent study by ESOMAR-certified firm Future Market Insights (FMI), the global automotive turbochargers market will be valued at US$ 9.6 Bn in 2021, exhibiting robust growth at 8.8% CAGR between 2021 and 2031. Growth prospects are expected to be positive as automotive turbochargers sales exhibit year on year growth of over 6.5% in 2021. Top players, comprising Garrett Motion (Formerly …
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Automotive Cabin Air Quality Sensors Market Analysis by Size, Share, Growth, Trends up to 2028
Escalating levels of air pollution, deteriorating air quality within automotive, and growing passenger awareness regarding safety, comfort, and overall in-car wellbeing has resulted in accelerated global adoption of automotive cabin air quality sensors. In addition to growing awareness, concerns regarding reduction of CO2 and particulate matters coupled with stringent government regulations are the primary drivers shaping …
Air Transport MRO Market Future Trends, Industry Size and Forecast to 2031
In a recent market study, ESOMAR-certified consulting firm Future Market Insights (FMI) projects the global air transport MRO market to reach US$ 72.6 Bn in 2021. With gradually increasing air travel and cargo transport rates, the market is poised to exhibit a 4.8% CAGR during the assessment period. Sales of air transport MRO services witnessed a downturn in 2020 due to …
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Air Suspension Systems Market Study: An Emerging Hint of Opportunity by 2031
Future Market Insights (FMI) in its latest market analysis estimates that air suspension systems sales will accelerate at the rate of 6.7% CAGR in next ten years, reaching market valuation of US$ 4.6 Bn through 2021 & beyond. Growing application of heavy trucks for construction activities, logistic and e-commerce industries across China, the U.K., Germany and Japan will bolster the demand …
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Hydrostatic Transmission Market Demand, Scope and Future Estimation until 2031
On the backdrop of growing power transmission requirements in off road vehicles and material handling systems, Future Market Insights projects a promising growth outlook for the global hydrostatic transmission market for the next decade estimated at a CAGR value of over 5.9% during 2021-2031. By capacity, in terms of value, medium duty segment will continue to represent …
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Automotive Sensors Market Share and Growth Factors Impact Analysis 2031
The automotive sensor demand will continue rising through 2021 with worldwide demand projected to increase by 5.5% year over year. As per Future Market Insights (FMI), automotive sensor revenues generation will increase at a ten-year compound annual growth rate (CAGR) of 7.2%, as the automotive production recovers after bucking scepticism about how the market would perform post pandemic. NXP Semiconductors N.V., …
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Fifth Wheel Coupling Market Demand, Supply, Growth Factors, Latest Rising Trend and Forecast to 2031
Sales in the fifth wheel coupling market stands to grow at 5.7% CAGR between 2021 and 2031 in terms of value. Volume demand is estimated to grow at a CAGR of 5.3% over the forecast period. As per Future Market Insights (FMI), the fifth wheel coupling market represents 4% of the semi-trailer market. Demand in …
Advanced Driver Assistance System (ADAS) Testing Equipment Market Emerging Growth Analysis, Future Demand and Business Opportunities 2031
As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ADAS testing equipment market reached US$ 222,486 Thousand in 2021. Development of sophisticated ADAS equipment, coupled with increasing adoption of autonomous vehicles in various countries, is identified as key growth accelerators in the report. Owing to these factors, FMI has projected the market …
Rubber Tracks for Defense and Security Market Challenges, Drivers, Outlook, Growth Opportunities – Analysis to 2027
The global rubber tracks for defense and security market is apprehended to follow gradual growth over a 5-year forecast period 2022-2027. According to a recently published research report by Future Market Insights, titled “Rubber Tracks for Defense and Security Market: Global Industry Analysis 2017 – 2021 and Opportunity Assessment 2022-2027,” the market is poised for …