New Product Development
Trams: IntroductionTrams are light weight vehicles that usually runs along an urban area or street. Trams can be classified into two types; single ended trams and double ended trams. Trams consist of a tractor unit and one or more than one trailer for passengers. Also, trams offer shuttle services between public accommodations, amusement parks, and …
Continue reading “Trams Market Size, Analysis, Top Players, Target Audience and Forecast to 2028”
Electric Power Steering Motors Market: Introduction In the past few decades, the automotive industry has undergone several phases of improvements and modifications. During the past few years, auto manufacturers have been increasingly integrating electrical and electronics in their vehicles. This trend has led to the development of electric power steering systems. Electric power steering systems …
Aircraft pushback tugs come under aircraft ground support equipment (GSE). Aircraft pushback tugs are used to push and tow aircraft in hangar, ramp, and terminal areas at the airport. Aircraft pushback tugs push the aircraft backward to transport aircraft to any location on the airport. In any airport, ground support equipment are essential for proper …
As per a study by Future Market Insights (FMI), the global retread tire sales is estimated to be valued at ~US$ 8.8 Bn in 2021. The increase in average miles driven and growing vehicles parc will drive the tire aftermarket, subsequently fuelling the demand for retreading tires. Despite negative perceptions around retread tires, they continue remain a …
Sales of automotive composites are directly correlated to automotive production and vehicle parc. Despite fluctuating economic conditions in the recent past, on an average, the global automotive market has observed reasonable growth. Efforts to reduce the weight of vehicular components will increase, thereby providing substantial opportunities for the growth of automotive composites market. The market for …
The global lactose free dairy products market is set to witness growth at a CAGR of 5.5% and is anticipated to reach a valuation of around USD 23.1 Bn by 2032. Lactose intolerance is a common and debilitating illness that affects an estimated 75% of people worldwide. As a result, consumers avoid dairy products since lactose is difficult …
The global Food Botanicals market is set to witness growth at a CAGR of 5.7% and stood at USD 510 million in 2021, while that of the entire food botanicals had a revenue of USD 1.4 billion and top a valuation of USD 2,243.6 Bn by 2032. Food botanicals’ therapeutic properties, as well as consumer demand for functional foods, have propelled …
In a new study on the automotive camshaft market, analysts at Future Market Insights predict a 4.5% growth rate in terms of value for automotive camshafts in the coming decade. The global automotive camshaft market is projected to reach a valuation of US$ 4,462.2 Mn by the end of 2031, up from an estimated US$ …
The global raising agents market is set to witness growth at a CAGR of 3.1% and top a valuation of USD 43 Bn by 2032. From past few years, the global bakery industry has been significantly growing and along with this application of raising agents in the bakery industry is also increasing. Yeast, baking soda and baking …
The rising number of mothers participating in workforce across the globe has propelled the adoption of infant formula. In response to the increasing demand for organic baby food, sales of infant formula are set to rise at a robust pace of 10.60% CAGR between 2021 and 2026. Sales of infant formula increased by 9.9% in 2021 owing to the …