New Product Development
Under the purview of energy, coal bed methane primarily refers to the natural gas or methane recovery from un-mined coal seams and adjacent sandstones. Such methane recovery usually occurs prior to mining, whereas in some cases, coal seams remain un-mined and methane recovery from such sites is known as virgin coal bed methane. Coal bed …
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The term ‘enhanced oil recovery’ (EOR) refers to the technology used to extract crude oil that cannot be extracted through conventional technologies from oil reservoirs. It is also termed as tertiary recovery process as it takes place after primary and secondary oil recoveries. Oil extracted via primary recovery accounts for 5% to 15% of the …
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Automotive test equipment is primarily used for adjustment of vehicle performance and executing the quality tests on the vehicle. Automotive test equipment are used for measuring the engine wear, lubricant aeration, engine oil consumption, fuel dilution and evaporation and clogging of after-treatment systems. These test equipment are also used for testing the impact on engine …
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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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With increasing investments in the expansion of transport infrastructure to meet the growing need of the global population, the electric cargo bikes market is anticipated to surge at an impressive pace. According to Future Market Insights (FMI), the global electric cargo bike market is projected to expand exponentially at CAGR of around 11% over the forecast period …
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The demand for performance improvement of ageing vehicles is projected to drive the automotive tuner market. The global automotive tuner market is set to be valued at US$ 601.4 Mn in 2021, according to latest insights from Future Market Insights (FMI), an ESOMAR-certified research and consulting firm. It offers analysis in 20+ high-growth markets, providing detailed insights …
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The automotive performance tuning and engine remapping services market is forecast to grow at a CAGR of 6.3% from 2021 to 2031. Automotive performance tuning and engine remapping services market is driven by the increasing focus on customization of vehicles. The increasing trend towards owing high performance vehicles, coupled with surging fuel prices are key factors driving …
According to a new study by Future Market Insights (FMI), the global bicycle tire market is expected to be valued at ~US$ 6.4 Bn in 2021. Rising demand on environment-friendly modes of commuting is expected to help the market gain impetus in the coming years. The electric vehicle (EV) revolution has dramatically altered the global automotive landscape. …
As per a new report by Future Market Insights (FMI), the power liftgate market reached a US$ 2.3 billion valuation in 2019, and is projected to display a strong 8% CAGR. Improvements in automation tech, and the rising popularity of retrofitting are expected to aid long-term developments in the industry. While the market is expected to display …
Future Market Insights’ (FMI) recently published report on the global two wheeler suspension system market provides an unbiased yet exhaustive coverage on prevailing growth trends for the 2022-2030 forecast period. The study opines that the decline in demand for two wheeler suspension systems will be offset in the next couple of years due to growing preference …