The automotive interior leather market is anticipated to expand its roots at a steady CAGR of 4.5% between 2023 and 2033. The market is expected to have a market share of US$ 54.27 billion by 2033 while it is likely to be valued at US$ 34.94 billion in 2023. The increasing preference for lightweight design …
Category Archives: Automotive Insights
Automotive Steering System Market Size Anticipating a 4.6% CAGR to Surpass US$ 38.0 Billion by 2033
The global automotive steering system market is expected to grow at an average CAGR of 4.6% from 2023 to 2033. The target market will accrue a revenue of US$ 38.0 billion by 2033 as opposed to US$ 24.1 billion in 2023. Historically, the market for automotive steering systems registered a CAGR of 2.3% from 2015 …
Automotive OEM Market Poised for Robust Growth: Forecasting a 4.17% CAGR to Exceed US$ 52.90 Billion by 2033
The global automotive OEM market is expected to grow at an average CAGR of 4.17% over the forecast period. The market’s current worth is US$ 35.16 billion in 2023. By 2033, the automobile OEM industry is expected to be worth more than US$ 52.90 billion. It is analyzed by the experts that demand for a …
Aircraft Tube and Duct Market Share to reach US$ 6,229.4 Million by 2033
The global aircraft tube and duct market in 2022 was US$ 1,300 million and is estimated to be valued at US$ 2,650.23 million in 2023. As Per Future Market Insights estimation, the aircraft tube and duct market is projected to expand at a CAGR of 8.92% between 2023 and 2033, totaling around US$ 6,229.4 million …
Continue reading “Aircraft Tube and Duct Market Share to reach US$ 6,229.4 Million by 2033”
Forecasting a 26.6% CAGR Propel the Electric Vehicle Reducer Market to US$ 20.9 Billion by 2033
The Electric Vehicle Reducer Market is expected to increase at a CAGR of 26.6% during the forecast period. The market size is anticipated to rise from US$ 1,974.7 Million in 2023 to US$ 20.9 Billion by 2033. The main driver fuelling market expansion is the expansion of the electric car industry. Electric vehicles outperform conventional …
Anticipating a 21.7% CAGR to Propel the Electric Vehicle Insulation Market to US$ 43.8 Billion by 2033
The electric vehicle insulation market size is expected to be valued at US$ 43.8 Billion by 2033, up from US$ 6,145.1 Million in 2023. Sales of electric vehicle insulation are projected to grow at a CAGR of 21.7% over the estimated period, according to research by Future Market Insights. Over the forecast period, market growth …
Lightweight Automotive Body Panels Market Share to Reach US$ 191.4 Billion by 2033
The lightweight automotive body panels market is projected to be valued at US$ 122,054.9 million in 2023 and is expected to rise to US$ 191.4 Billion by 2033. The sales of lightweight automotive body panels market are predicted to thrive at a significant CAGR of 4.6% during the forecast period. The lightweight automotive body panels …
ADAS Sensors Market Surges to US$ 70.33 Billion by 2033, Fueled by Increasing Adoption of In-Vehicle Systems for Monitoring and Control
The global ADAS sensors market in 2022 was US$ 28.12 billion and is estimated to be US$ 30.53 billion in 2023. As per the Future Market Insights projection, the ADAS sensors market is anticipated to expand at a CAGR of 8.7% between 2023 and 2033, totalling around US$ 70.33 billion by 2033. ADAS (Advanced Driver …
Europe ADAS Testing Equipment Market to Grow at a CAGR of 10.2% by 2033, Fueled by Financial and R&D Support for Autonomous Car Start-Ups
The Global Advanced Driver Assistance System (ADAS) Testing Equipment Market is projected to attain a valuation of US$ 56.4 billion in 2023 and is expected to accumulate over US$ 202.7 billion by 2033, trailing a CAGR of 13.6% from 2023 to 2033. FMI expects the European market to grow at a noteworthy 10.2% CAGR throughout …
Automotive Head-Up Display Market to Surge to US$ 6.4 Billion by 2033, Driven by Mobility 4.0 and CASE Technologies
The global automotive head-up display market is expected to attain a valuation of US$ 1.3 billion in 2023 and is projected to reach US$ 6.4 billion by 2033, trailing a CAGR of 17.2% during the forecast period. The automotive industry is swiftly adopting the era of mobility 4.0, marked by the emergence of CASE technologies …