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According to a recent analysis issued by FMI, the green building materials market size is likely to reach US$ 523.7 Bn by 2027, up from US$ 280.5 Bn in 2021, accounting for 11.06% CAGR through 2022-2032. Green construction materials play an essential role in the growth of such structures. From design through demolition, green building materials are necessary for …
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The global market for automotive gas charged shock absorbers – standing at an approximate valuation of US$ 2.9 Billion in 2021 in terms of revenue sales, is likely to observe a robust annual growth rate over the next few years. Expanding at a CAGR of approximately 5%, the global automotive gas charged shock absorbers market is projected …
Future Market Insights delivers key insights into the global rail gangways market and procures key information through structured market research. The report titled “Rail Gangways Market: Global Industry Analysis 2013 – 2021 and Opportunity Assessment 2022 – 2028” highlights the historic and upcoming trends across the globe. As per the report insights, the market is anticipated to witness …
Ship repair and maintenance services market is set to be valued at US$ 44.3 Bn, expanding at 6.5% CAGR through 2031, according to latest research conducted by Future Market Insights (FMI). As per Future Market Insight (FMI), the ship repair and maintenance services market is expected register year-on-year (YoY) growth of 5.9%, reaching US$ 23.6 Bn in 2021. Request a Sample of this …
As per a recent study by ESOMAR-certified firm Future Market Insights (FMI), the global automotive turbochargers market will be valued at US$ 9.6 Bn in 2021, exhibiting robust growth at 8.8% CAGR between 2021 and 2031. Growth prospects are expected to be positive as automotive turbochargers sales exhibit year on year growth of over 6.5% in 2021. Top players, comprising Garrett Motion (Formerly …
A battery is a group of electric cells that can produce a direct current by converting chemical energy into electrical energy. The battery in a two-wheeler serves various purposes. Apart from the general self-starter application, the batteries in two wheelers are also used for operating components, such as headlights, side indicators, tail lights, horns and …
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Escalating levels of air pollution, deteriorating air quality within automotive, and growing passenger awareness regarding safety, comfort, and overall in-car wellbeing has resulted in accelerated global adoption of automotive cabin air quality sensors. In addition to growing awareness, concerns regarding reduction of CO2 and particulate matters coupled with stringent government regulations are the primary drivers shaping …
In a recent market study, ESOMAR-certified consulting firm Future Market Insights (FMI) projects the global air transport MRO market to reach US$ 72.6 Bn in 2021. With gradually increasing air travel and cargo transport rates, the market is poised to exhibit a 4.8% CAGR during the assessment period. Sales of air transport MRO services witnessed a downturn in 2020 due to …
Automotive electric vacuum pump is a device that gets the drive from the camshaft in the engine and can be run by alternator shaft in some designs. It’s an added benefit to any engine, which has high performance. The primary function of an automotive electric vacuum pump is to drain out the air from brake booster tank …
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Rail network plays an important in any country’s economy. They serves as the largest in-land carrier for both passengers and goods. Also, railways are considered one of the most economical and safe mode of transportation. According to World Bank, currently the world has over 1.05 million kilometer of railway track under uses and which carries …
Continue reading “Road-Rail Vehicles Market Set for Rapid Growth by 2027”