The expansion of fast-food joints, hotels, and food processing units has positively impacted the market of dehydrated onions, which are often included as key ingredients in a myriad food items. Coupled with this, direct consumption through household recipes will enable growth in the dehydrated onions market at over 5% CAGR between 2021 and 2031. As per Future …
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Automotive Tire Market – Future Scenario, Key Insights, Top Companies 2031
According to ESOMAR-certified Future Market Insights’ (FMI), demand for automotive tire is expected to rise considerably, enabling the automotive tire market to grow at 6.0% CAGR throughout the forecast period between 2021 and 2031. Newly released data by Future Market Insights predicts the global automotive tire market to reach US$ 366,092 Mn in 2021. Despite stifled growth amid COVID-19 outbreak, the market is …
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Bicycle Components Aftermarket is Set to Experience Revolutionary Growth by 2031
According to a recent report by Future Market Insights (FMI), the bicycle components aftermarket is projected to grow at CAGR of 7.0% from 2021 to 2031, surpassing US$ 26.5 Bn. The demand for bicycle components is associated with the rise in demand for bicycles. The rise in the number of people choosing bicycling as a leisure activity is expected …
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Advanced Driver Assistance System (ADAS) Testing Equipment Market Analysis by Size, Share, Growth, Trends up to 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 …
Cargo Bike Market Future Trends, Industry Size and Forecast to 2031
The global demand for cargo bikes is expected to rise at 10.8% year-on-year in 2021 with sales reaching over US$ 900 million. Future Market Insights (FMI) projects the cargo bike market to grow at 11.6% CAGR between 2021 and 2031. With the rise of e-commerce operations, logistical flows are witnessing significant expansion, creating transport and time-sensitive operational challenges. According to a recent report …
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Engine Control Unit (ECU) Market Study: An Emerging Hint of Opportunity by 2031
Over the forecast period of 2021-2031, the global engine control unit market is expected to grow at a CAGR of 4.6%, finds Future Market Insights (FMI) in its latest study. The global engine control unit industry is expected to grow significantly throughout the forecast period owing to rising demand for automobiles, technological advancements in the production of low-cost …
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Freight Cars Market Key Opportunity, Analysis, Growth, Trends 2030
Before 19th-century freight cars are completely made by woods but now day entire wood made fright cars have been replaced by steel made freight cars due to high strength and long-lasting. Fright cars are also known as goods wagon designed to transport commodities such as cargo, colas, grains, oil & gas, among others. Mainly four …
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Aircraft Tube and Duct Assemblies Market Share and Growth Factors Impact Analysis 2030
Passenger traffic in the aircraft industry continues to register growth rates above historical averages, supported by the reduced price of travel and increasing middle-class population in developing markets. This rise is playing a crucial role in driving the growth of the global aircraft tube and duct assemblies market. The global aircraft tube and duct assemblies market …
Automotive Wiring Harness Market Estimated to Expand at a Robust CAGR By 2031
Substantial increase in the investment for automated driving activities and development of electric vehicles charging infrastructure across the globe are expected to remain key defining factors in the global automotive wiring harness market. As per FMI’s analysis, the global automotive wiring harness sales are set to exceed US$ 48 Bn in 2021, whereas in the long-term, …
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Automotive Interior Leather Market : Key Players, Growth, Analysis, by 2031
The globalization of the automobile industry and rising demand for automotive interior customization are expected to remain chief driving factors of the global automotive interior leather market. According to Future Market Insights (FMI), the global automotive interior leather market is estimated to be valued at ~US$ 29.9 Bn in 2021. The COVID-19 pandemic crisis has …
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