The Global Micro-mobility Charging Infrastructures Market was valued at US$ 3.8 Billion in 2021 and is expected to reach US$ 36.6 Billion by year 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, wired Micro-Mobility Charging Infrastructures will remain pivotal for the market as the bulk of revenue will be generated through this …
Category Archives: Automotive Insights
Rising Demand and Steady Growth: The Outlook for Automotive Interior Leather Market in the United States
The automotive interior leather market in the United States is projected to experience robust growth, as per forecasts by FMI. This growth will be fueled by an increasing demand for light vehicles across the nation. Notably, the commercial vehicle segment plays a pivotal role in driving this demand, contributing to almost two-thirds of the market …
Golf Cart Industry on Par for Growth: FMI Projects 3.9% CAGR by year 2033
The golf cart market is projected to rise from US$ 1.41 billion in 2023 to US$ 2.07 billion by 2033. According to FMI, the sales of golf carts are predicted to expand at a CAGR of 3.9% during the forecast period. Various factors contribute to the expansion of the golf cart industry. One key factor …
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Global Automotive Pump Market Set to Surge to US$ 118 Billion by 2033 | Exclusive Report by Future Market Insights, Inc.
According to Future Market Insights, the global automotive pump market is anticipated to attain a valuation of US$ 64.57 Billion in 2023 and is expected to reach US$ 118 Billion by 2033. During the 2023 to 2033 forecast period, the market is slated to proliferate at a CAGR of 6.2%. The global increase in vehicle …
Electric Boats Market Set to Achieve 10.4% CAGR by 2033 | Future Market Insights, Inc.
The global electric boats market is expected to grow at a CAGR of 10.4% during the forecast period. The market is estimated to secure a valuation of US$ 5.6 billion in 2023 and US$ 15.1 billion by 2033. How do Manufacturer’s Innovations Drive the Global Market? Manufacturers play a vital role in the global market through innovative …
Surging Ahead: Global Hydrostatic Transmission Market Poised to Hit US$ 5.61 Billion by 2033
According to Future Market Insight, the global hydrostatic transmission market is likely to reach US$ 5.61 billion by 2033, registering a CAGR of 5.1%. This is a considerable increase from its projected value of US$ 3.41 billion in 2023. Key Drivers in this Industry: Increasing demand for agricultural and construction machinery Advantages over mechanical and electric transmissions Growing demand for renewable energy Adoption …
Seafaring Transformation: Dive into the Future of Ship Repair and Maintenance Services, Projected to Surge to US$ 50.3 Billion by 2033
The ship repair and maintenance services market is likely to strengthen its boundaries at a CAGR of 6.6% during the forecast period. The market is anticipated to cross a market share of US$ 50.3 billion by 2033 while it holds a revenue of US$ 26.5 billion in 2023. Key Points The Asia Pacific region tops …
Automotive Exterior Trim Parts Market, Envisioning a CAGR of 4.0% and a Valuation of US$ 62.9 Billion by 2033
The global automotive exterior trim parts market in 2022 was US$ 21.03 billion and is estimated to be US$ 42.5 billion in 2023. According to Future Market Insight, the automotive exterior trim parts market is estimated to expand at a CAGR of 4.0% between 2023 and 2033, totaling around US$ 62.9 billion by 2033. Key …
Discover the Unmatched Potential of Automotive Composites, Driving the Market to a Projected Valuation of US$ 26.1 Billion by 2033
The automotive composites market is to reach a valuation of US$ 8.3 billion in 2023. Future Market Insights reports say that the market is anticipated to expand at a 12.1% CAGR from 2023 to 2033. The Market is anticipated to reach US$ 26.1 billion by the end of 2033. The market for automotive composites always …
Automotive Battery Management System Market Set to Surge from US$ 3.8 Billion in 2023 to US$ 37.4 Billion by 2033
According to ESOMAR-certified Future Market Insights’ (FMI), The Automotive Battery Management System Market is anticipated to register a CAGR of 25.6%. It is predicted that the market for car battery management systems will grow from US$ 3.8 billion in 2023 to US$ 37.4 billion by 2033. In the near future, electric vehicles will dominate the …