Author Archives: Editor AM

Automated Guided Vehicle (AGV) Market Will Escalate Rapidly in the Near Future

As per ESOMAR-certified consulting firm Future Market Insights’ (FMI’s) recent market analysis, growth is on the cards for the global automated guided vehicles (AGV) market. The report forecasts the market valuation to reach US$ 996 Mn in 2021, growing at an impressive 7.9% CAGR through 2031. Rapid urbanization and adoption of industrial automation within logistics, transportation, and healthcare industry across …

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Automotive Tire Market : Key Players, Growth, Analysis, by 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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Automotive Steering System Market Expected to Witness High Growth by 2030

Increasing use of advanced technology, such as sensors and traction control systems is boding well for the growth of the global automotive steering system market. However, according to an FMI study, the COVID-19 pandemic continues to obstruct automotive production activities, worldwide, as some of the most affected countries house major automotive production hubs, such as Germany, …

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Electric Bike Market Prospects and Growth Assessment 2027

FMI delivers key insights on the global electric bike market in its latest report titled “Electric Bike Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.” The long-term outlook on the global electric bike market remains positive with the market value expected to increase at a CAGR of 3.1% during the forecast period (2017-2027). Among the battery …

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Automotive Door Latch Market : Technological Growth Map over Time

Significantly influenced by efforts of OEMs in development of smart latches that are IoT-integrated, the global market for automotive door latch will see a modest yet promising CAGR of 5% during 2019 – 2027. A recent study of Future Market Insights (FMI) suggests that the favorable policy framework related to vehicle and drivers’ safety and security will …

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Automotive Airbag Market to Garner Brimming Revenues by 2031

ESOMAR-certified consulting firm Future Market Insights’ report on global automotive airbag market project a steady growth at 3.60% CAGR over the forecast period of 2021 and 2031. Growing usage of curtain airbags is increasing the demand for automotive airbags across the globe. Demand for automotive airbags is rising extensively in emerging economies as the consumers in these …

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Automotive Window Regulator Market to Witness a Healthy Growth by 2031

As per Future Market Insights (FMI) analysis, the automotive window regulator market is projected to be valued at ~US$ 13.7 Bn in 2021, expanding at a CAGR of ~4.5% over the forecast period of 2021-2031. Windows are a safety feature in vehicles and the rising demand for advanced automotive electronic components to ascertain enhanced safety …

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Dual-Clutch Transmission Market Expectations & Growth Trends Highlighted Until 2031

Future Market Insights (FMI), an ESOMAR-certified consulting firm, forecasts that the global dual-clutch transmission market  will  expand steadily at a 6% CAGR between 2021-2031. This market is expected to be valued at $24 billion in 2021  . The surge in demand for passenger cars that provide effective driving control and fuel economy is driving sales in the global dual-clutch …

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Workstation Market 2022 Assessment and Key Insights Analyzed Till 2029

The workstation Market expanding at a CAGR of 9.2%, and the global workstation market is projected to increase from a valuation of US$ 50,107.4 Mn in 2021 to US$ 100,033.7 Mn by 2029. Factors such as increasing demand for 3D animation software, increasing demand for digital content creation, low energy consumption and decreasing hardware related spending are expected …

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Mass Notification Systems Market Insights, Deep Analysis of Key Vendor in 2031

As per the revised market research by Future Market Insights (FMI), the global mass notification systems market reached a valuation of around US$ 7.6 Bn in 2020, and is anticipated to surge at a CAGR of 18.5% over the next ten years. The proliferation of smartphones and the accessibility of the Internet across the globe have …

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