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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Automotive Gudgeon Pin Market is projected to observe a significant CAGR of 5.0% by value during the period of 2022 and 2027
The approximately US$ 3.3 billion market for automotive gudgeon pin is poised for a moderate, just-under 5% yearly growth in the revenue, in 2022. A new study by Future Market Insights emphasizes the critical role of aftermarket in influencing the overall sales picture of automotive gudgeon landscape. [167 Pages] Future Market Insights (FMI) has estimated the …
U.S. Automotive and Aircraft Interior Genuine Leather Aftermarket is expected to push sales at 3.6% CAGR, with the market valuation reaching US$ 11.1 Bn in 2031
The U.S. automotive and aircraft leather aftermarket is projected to reach a valuation of US$ 7.8 Bn in 2021. Rising demand for high-quality, lightweight, and durable leather for automotive and aircraft interiors is expected to push sales at 3.6% CAGR, with the market valuation reaching US$ 11.1 Bn in 2031. Automotive and aircraft interior genuine …
North America Underground Mining Vehicle Market is projected to be valued at ~US$ 1.9 Bn in 2021, expanding at a CAGR of ~5.0% over the period of 2021-2031
North America Underground Mining Vehicle Market Snapshot Revenues generated in the ground support segment of the North America underground mining vehicle market grew by 4.4% CAGR in 2021. Demand for production equipment segment increased by 3.9% between 2020 and 2021, registering year-on-year growth (YoY) of 4.2% in 2021, according to the Future Market Insights’ (FMI’s) report titled: …
Cargo Bike Market to grow at 11.6% CAGR between 2021 and 2031 | Accell Group N.V. (Carqon), BODO Vehicle Group Co., Ltd. (LUXMEA), Chongqing Mobimax Technology Co., Ltd.
Cargo Bike Market Snapshot 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 …
Ultrasonic Sensors Market 2022 | Present Scenario and Growth Prospects 2030
The ultrasonic sensors market size is expected to grow from US$ 5,138.4 Mn in 2022 to ~US$ 13,241.8 Mn by 2030. Demand for ultrasonic sensors is anticipated to grow at a CAGR of 12% during 2022-30. The ultrasonic sensors accounts for almost 12% market share of global sensors market. Ultrasonic sensors are used throughout many applications and industries, for object detection, distance measurement, liquid level …
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Submarine Cables Market 2022 | Scope of Current and Future Industry 2030
The submarine cable market is projected to show positive growth rates between 2020 and 2030. According to a recent study, Future Market Insights (FMI) predicts that the market will reach US $ 13 billion by the end of 2020. % CAGR, the market is projected to reach US $ 36 billion by the end of 2020. During the …
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Virtual Event Platforms Market 2022 Outlook, Current and Future Industry Landscape Analysis 2030
Future Market Insights’ (FMI) recent study opines global virtual event platforms market to witness staggering growth, on account o As organizations switch to cloud computing and augmented reality in the wake of Industry 4.0, various virtual platforms have come into existence. Their scope has further increased in the past few months, with businesses transitioning to remote working …
Concealed Weapon Detection Systems Market 2022 | Current and Future Demand, Analysis, Growth and Forecast By 2030
The global concealed weapon detection systems market is estimated to record a value worth more than US$ 180 Mn by the end of 2020, and is estimated to cross the US$ 300 Mn mark by 2030. A huge demand for concealed weapon detection systems is being observed in aviation industry, government sector, and commercial spaces such as …
Storage as a Service Market 2022 Expectations & Growth Trends Highlighted Until 2030
Future Market Insights in its recently published report projects that the global StaaS market will grow at an impressive CAGR of 17% between the forecast years of 2020 and 2030 as syncing, sharing, collaboration, and accessibility to data over smartphones and other devices gets simplified. Storage as a service (STaaS) has been one of the fast-growing cloud …