The global automotive seat heater market reached US$ 2,871.1 million in 2022. Over the forecast period, global automotive seat heater demand is anticipated to rise at a 6.7% CAGR. Total market value is predicted to increase from US$ 3,030.0 million in 2023 to US$ 5,790.8 million by 2033. The market for car seat heaters is expanding due to the escalating rivalry in the …
Category Archives: Automotive Insights
Riding the Wave: Projected Growth and Evolution of the Global Personal Watercraft Market
The global personal watercraft market growth is expected to grow at a positive CAGR of 6% and reach a substantial value by 2032. The target market was valued at US$ 1.6 Bn in 2020 and will likely continue to perform well during the forecast period. With the increasing application of personal watercraft in marine and …
Hydrogen Buses Market is Projected to Bring in US$ 1426.68 Billion by 2033
The Hydrogen Buses Market is predicted to grow at an astronomical CAGR of 67% over the forecast period, according to research by Future Market Insights. The industry’s estimated value is expected to increase from US$ 8.45 Billion in 2023 to US$ 1426.68 Billion by 2033. Key Takeaways from the Hydrogen Buses Industry German hydrogen buses …
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Automotive Repair & Maintenance Services Market: Top trends driving the industry to reach US$ 1,850 billion by 2033
According to Future Market Insights, the global automotive repair & maintenance services market is expected to be valued at US$ 915.88 billion in 2023. From 2023 to 2033, the market is projected to rise at a CAGR of 7.2% to reach US$ 1,850 billion. Key Takeaways United States automotive repair & maintenance services market is …
Electric Scooter Market to cross US$ 24.8 billion by 2033, Says Future Market Insights, Inc.
The electric scooter market is estimated to be worth US$ 10.4 billion in 2023 and is projected to be valued at US$ 24.8 billion by 2033. Between 2023 and 2033, the market is expected to register a CAGR of 9.1%. Key Takeaways From 2018 to 2022, the electric scooter market demand expanded at a CAGR …
Kayak Trolling Motor Market to surpass US$ 641 Million by 2032, Says Future Market Insights, Inc.
The kayak trolling motors market is likely to register a CAGR of 3% during the forecast period, and is anticipated to reach a market share of US$ 641 Million by 2032 from US$ 550 Million in 2020, due to an increase in recreational activity coupled with significant fishing activity around the world. In the global kayak trolling motor …
Mobile Car Wash & Detailing Market to be worth US$ 251.583 billion by 2033
The mobile car wash & detailing market is anticipated to expand by 9% between 2023 and 2033, reaching a market value of US$ 106.271 billion. By 2033, the mobile car wash & detailing business is expected to be worth over US$ 251.583 billion. Key Takeaways The United States might increase its market share by 19.3% …
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Electric Vehicle Motor Market to Hit US$ 18.09 Billion by 2032 | Future Market Insights, Inc.
The global electric vehicle motor market is worth US$ 8.68 Billion as of now and expected to reach US$ 18.09 Billion by the year 2032 at a CAGR of 8.5% between 2022 and 2032. Key Takeaways from Electric Vehicle Motor Market North America holds the largest market share with the US alone contributing for more …
Ambulance Power Inverter Market Share to Reach US$ 112.17 Billion by 2032
The global ambulance power inverter market share is set to witness an impressive growth rate of 5.5% from 2022 to 2032. The ambulance power inverter market size is anticipated to reach a valuation of around US$ 112.17 Billion by the end of the year 2032 from the current valuation of US$ 64 Billion in 2022. Until …
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Vehicle Electrification Market Poised for Strong Growth at 10.3% CAGR, Driven by Electric Vehicle Preference and Sustainability Push
The global vehicle electrification market share is growing at a CAGR of 10.3% during the forecast period. The vehicle electrification market is expected to grow significantly in the coming years as a result of the preference for electrified vehicles among automotive and automobile manufacturers, as well as the increasing emphasis on environmentally friendly alternatives in …