According to Future Market Insights, the global automotive repair & maintenance services market growth 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. The market presents significant market opportunities for key players due …
Category Archives: Automotive Insights
EV Thermal System Market Demand to Reach US$ 15,600.9 Million by 2033
According to FMI’s market analysis report, the EV Thermal System Market for electric vehicles would grow at an annual rate of 21.4% from 2023 to 2033. During this period, the report further predicts the overall valuation is likely to reach US$ 15,600.9 million by 2033, growing from an expected value of US$ 2,243.7 million in …
Continue reading “EV Thermal System Market Demand to Reach US$ 15,600.9 Million by 2033”
EV Coolants Market Set to Soar to US$ 3,704.9 Million by 2033
The global EV coolants market to reach US$ 297.2 million in 2023 and is expected to grow at a rate of 28.7% in the coming decade. A report on the EV coolants market predicts the overall valuation to reach up to US$ 3,704.9 million by the year 2033. The EV sector had substantial growth in …
Continue reading “EV Coolants Market Set to Soar to US$ 3,704.9 Million by 2033”
Railway Traction Motor Market Expected to Reach US$ 54,554 Million by 2033
The railway traction motor market is predicted to grow at a CAGR of 4.5% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 35,128 Million in 2023 to US$ 54,554 Million by 2033 end. The market for railway traction motors is being driven by the increasing efforts …
Continue reading “Railway Traction Motor Market Expected to Reach US$ 54,554 Million by 2033”
Decorative Car Accessories Market to reach US$ 443,896.4 Million by 2033
In 2023, the global decorative car accessories market is estimated to worth US$ 252,595.1 million. The market is expected to reach US$ 443,896.4 million by 2033, with a CAGR of 5.8% from 2023 to 2033. The Decorative Car Accessories Market is a segment within the automotive aftermarket industry that focuses on providing aesthetic enhancements and …
Continue reading “Decorative Car Accessories Market to reach US$ 443,896.4 Million by 2033”
Construction Equipment Maintenance and Repair Market worth US$ 33.96 Billion Value by 2033
The global Construction Equipment Maintenance And Repair Market is anticipated to grow at a CAGR of 4.1% in 2023 and reach an estimated value of US$ 22.72 billion. In 2033, the construction equipment maintenance and repair industry is expected to be worth US$ 33.96 billion. The construction equipment maintenance and repair market is a crucial sector within …
Marine Fin Stabilizer Market Poised for Growth, Expected to Hit US$ 26.1 Billion by 2033
The global marine fin stabilizer market size is anticipated to reach a valuation of US$ 8.3 billion in 2023, driven by the growing marine market culture. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 12.1% between 2023 and 2033, and reaching a total valuation of around …
Automotive Remote Diagnostics Market Expected to Reach US$ 32.9 Billion by 2028
According to a new study of Future Market Insights (FMI), the automotive remote diagnostics market size is projected to record a CAGR of nearly 18.9% through 2028. In 2022, sales in the global market for automotive remote diagnostics are anticipated to reach US$ 11.6 billion. The market size is anticipated to reach US$ 32.9 Billion by 2028. …
Continue reading “Automotive Remote Diagnostics Market Expected to Reach US$ 32.9 Billion by 2028”
Automotive Exhaust Systems Market Set to Reach US$ 203,657.0 Million by 2033
The automotive exhaust systems market size size is projected to cross US$ 112,652.7 million in 2023 and is estimated to attain a valuation of US$ 203,657.0 million by 2033. The automotive exhaust systems market share is expected to thrive at a CAGR of 6.1% from 2023 to 2033. The demand for fuel-efficient cars is rising …
Continue reading “Automotive Exhaust Systems Market Set to Reach US$ 203,657.0 Million by 2033”
ASEAN Automotive Aftermarket Projected to Reach US$ 55.53 Billion by 2033
The ASEAN automotive aftermarket is expected to expand its roots at a steady CAGR of 8.5% during the forecast period. The market is likely to hold a revenue of US$ 24.56 billion in 2023, while it is anticipated to surpass US$ 55.53 billion by 2033. Automotive aftermarket, as the name suggests, implies secondary market pertaining to the …
Continue reading “ASEAN Automotive Aftermarket Projected to Reach US$ 55.53 Billion by 2033”