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The global retread tire market is anticipated to reach USD 11.2 billion in 2023 and is expected to be worth USD 20 billion by 2033, trailing a CAGR of 6% during the forecast period. The market is expected to experience significant growth, primarily influenced by the increasing prices of new tires, particularly for sports utility …
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The global air transport MRO market is estimated to attain a valuation of US$ 79.2 billion in 2023 and is projected to accumulate over US$ 130 billion by 2033, trailing a CAGR of 5% during the forecast period. The aircraft engine MRO market is predicted to experience substantial growth during the forecast period, driven by …
Continue reading “Air Transport MRO Market Set to Reach US$ 130 Billion by 2033 at 5% CAGR”
The global electric vehicle battery market is set to strengthen its market hold at a promising CAGR of 8.5%, while it is forecast to hold a revenue of US$ 21.2 Billion by 2033. The market is valued at US$ 9,402.3 million in 2023. The increasing transition toward electric vehicles (EVs) is expected to propel accelerated battery …
The global automotive airbag market is projected to have a high-paced CAGR of 4.4% during the forecast period. The current valuation of the automotive airbag market is US$ 12.2 Billion in 2023. The value of the automotive airbag market is anticipated to reach a high of US$ 35 Billion by the year 2033. The key aspects pushing …
The global wire rope sling market was worth US$ 2.5 Billion in the year 2022 and is expected to reach US$ 3.9 Billion by the year 2032 at a CAGR of 4.55% between 2022 and 2032. Wire rope sling comes across as a kind of portion of rigging hardware used in hoisting and lifting activities. …
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According to Future Market Insights (FMI), the automotive window regulator market will be worth more than US$ 21.2 Billion by 2031. During the projection period, a strong 4.5% CAGR is predicted during forecast period. Increasing shifts of global automobile manufacturers toward imparting a number of automated features into vehicles has led to many developments automation …
The global zero emission vehicle market is valued at US$ 248 billion as on 2023. The market is expected to grow at a CAGR of 25.4% during the forecast period, and is anticipated to reach a valuation of US$ 2.4 Trillion by 2033. One of the key factors that has led to an increase in …
The market demand for battery thermal systems of electric vehicles was estimated at US$ 1,059.7 million in 2018, which registered a CAGR of 14.8% from 2018 to 2022. In the present year 2023, the overall valuation of the global EV thermal system market is anticipated to be around US$ 2,243.7 million. As per the analysis …
The global EV coolants market demand is figured out to be around 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 …
In 2018, the global EV charging station market had sales of US$ 3.8 billion. In 2022, the market expanded by 52.4% year over year. In 2023, it’s projected to generate US$ 22.9 billion in sales. The market for EV charging stations worldwide is anticipated to surge at a CAGR of 18.3% between 2023 and 2033. …