The global automotive lead acid battery sales is projected to increasing, enabling the market’s valuation to reach US$ 36.2 Bn in 2031, according to the latest research by Future Market Insights (FMI). The report estimates the market to expand at a steady CAGR of over 3% through the course of 2021-2031. Flooded batteries, followed by enhanced flooded …
Author Archives: Editor AM
Automotive Steering System Market Expected to Increase at a CAGR 4.6% through 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, …
Electric Scooters Market to expand at a CAGR of 9.0% by 2031
ESOMAR-certified consulting firm Future Market Insights’ (FMI) recent market survey forecasts sales of electric scooters to continue increasing between 2021 and 2031. As per the report, the market will reach US$ 8.8 Bn in 2021, leading to expansion at a healthy 9% CAGR. Growing environmental concerns, coupled with demand for reduced costs of commute, easy commutation, and emission control are …
Continue reading “Electric Scooters Market to expand at a CAGR of 9.0% by 2031”
APEJ Automotive Aftermarket a will Register CAGR of 7.1% through 2031
Future Market Insights (FMI) sees impressive prospects for automotive aftermarket in APEJ. It has forecast the market to US$ 254.5 Bn by the end of 2031. Auto-components are subjected to abrasions and wear-outs by end use. Hence the need of repair and replacement of automotive components in existing vehicles has created an aftermarket system, consisting of multiple vendors …
Continue reading “APEJ Automotive Aftermarket a will Register CAGR of 7.1% through 2031”
Automotive Ignition Coil Market will reach at a CAGR of 4.4% from 2031
Future Market Insights (FMI) has projected the global automotive ignition coil market to register 4.4% CAGR between 2021 and 2031. Growing adoption of dual spark ignition coils will continue increasing the demand in the market. Sales of automotive ignition coils is particularly high in emerging economies such as India, China, and South Korea as these countries increase focus on …
Continue reading “Automotive Ignition Coil Market will reach at a CAGR of 4.4% from 2031”
Electric Bike Market Will hit at a CAGR of 3.1% from 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 …
Continue reading “Electric Bike Market Will hit at a CAGR of 3.1% from 2027”
Automotive Garage Equipment Market to Grow at CAGR of 4.3% through 2029
Future Market Insights’ new market research study on the automotive garage equipment market contains global industry analysis 2014 – 2021 and opportunity assessment 2022 – 2029. The report investigates the automotive garage equipment market and provides critical insights for the forecast period of 2022 – 2029. As per the key findings of the report, the …
Continue reading “Automotive Garage Equipment Market to Grow at CAGR of 4.3% through 2029”
Hybrid Vehicles Market to Grow at a CAGR of 20.4% through 2026
FMI delivers key insights on the global hybrid vehicles market in its latest report titled, ‘Hybrid Vehicles Market: Global Industry Analysis and Opportunity Assessment 2016-2026.’ The long-term outlook of the global hybrid vehicles market remains positive, with market value expected to increase at a CAGR of 20.4% during the forecast period (2016-2026). Among the product …
Continue reading “Hybrid Vehicles Market to Grow at a CAGR of 20.4% through 2026”
Automotive Wiring Harness Market Estimated to Exhibit high CAGR through 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, …
Continue reading “Automotive Wiring Harness Market Estimated to Exhibit high CAGR through 2031”
Container Liner Market Estimated to Expand at a Robust CAGR By 2031
Container liner sales will consistently increase driven by application across diverse sectors. In a study Future Market Insights (FMI) presents a positive growth forecast for container liner market at 4.7% CAGR between 2021 and 2031. After a period of tepid sales amid restrictions imposed in response to COVID-19 outbreak, growth will gradually recover. Expansion of packaging and …
Continue reading “Container Liner Market Estimated to Expand at a Robust CAGR By 2031”