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 …
Category Archives: Automotive Insights
Unveiling the Surge of the Park Assist System Market – Transforming Parking Experiences with Advanced Guidance Technology
The global park assist system market is projected to reach a valuation of US$ 595.6 Million in 2022. Demand is forecast to increase at a 14.3% CAGR during the forecast period, reaching US$ 2.2 Billion by 2032. Park assist system, which is also known as advanced parking guidance system, helps the driver park with higher precision using advanced guidance …
Exploring the Astounding Growth of the Front Collision Warning Market Amidst Rising Road Mishaps
The global front collision warning market was worth US$ 2.93 Billion in the year 2022 and is expected to reach US$ 11.28 Billion by the year 2032 at a staggering CAGR of 14.5% between 2022 and 2032. With growing number of road mishaps, the front collision warning market is expected to grow atrociously in the …
Elevating the Tracks: USA’s Impact on the Global Locomotive Pantographs Market Share (2023-2033)
As per Future Market Insights, the USA locomotive pantographs market is poised to hold a share of 19.2% in the global market throughout the forecast period. In comparison to other economies, the USA has just 1% of its railway lines that are electrified. The global locomotive pantographs market is anticipated to be worth US$ 712.5 …
Exploring the Unplugged Terrain: Off-Highway Electric Vehicle Market Set to Soar to US$ 8.36 Billion by 2033
According to FMI estimations, the off-highway electric vehicle market size could be worth US$ 2.24 billion globally in 2023. Sales of off-highway electric vehicles are projected to reach a record high of US$ 8.36 billion by 2033, rising at a CAGR of 14.1% from 2023 to 2033. Electric vehicles that are intended to be used …
Rising Trends in Thin Insulation: From UV Protection to Building Innovations, a Forecast of Market Growth and Opportunities
The Thin Insulation Market size is anticipated to increase at a CAGR of 5.5% from 2023 to 2033, reaching US$ 2.3 Billion by 2023. The thin insulation industry is to hit US$ 4 Billion by 2033. Excellent thermal resistance and UV protection are provided by thin insulation. The thin insulation market is expanding as a …
Global Aerospace Fasteners Market Soars to Anticipated Worth of US$ 14.6 Billion by 2032, Driven by Steady 6.4% CAGR
The global aerospace fasteners market is projected to reach US$ 7,834.5 million in 2022, expanding at a steady CAGR of 6.4% from 2017 to 2022. By 2032, the aerospace fasteners market is projected to be worth US$ 14,568.9 million. According to research conducted by Future Market Insights, the aerospace fasteners market has historically grown at …
Global Bicycle Components Aftermarket Set to Reach US$ 28.3 Billion by 2032 Driven by Growing Bicycle Fleet and Recreational Trends
Over the forecast period of 2022 to 2032, sales in the global bicycle components aftermarket are expected to grow at a CAGR of 6.9%, to reach a valuation of US$ 28.3 Billion by the end of 2032. Rising bicycle fleet across the globe is expected to be the key driving factor for the demand for bicycle components. Growing popularity …
Revolutionizing North America’s Underground Mining Vehicle Market: The Role of AI and Automation in Driving Growth
The North America underground mining vehicle market is anticipated to attain a valuation of US$ 4,891.72 million in 2023 and is estimated to reach US$ 8,795.08 million by 2033, trailing a CAGR of 6% during the forecast period. Rising investment in mining and industrialization, coupled with the adoption of artificial intelligence and machine learning technologies, …
On the Move: Weigh-in-Motion Systems Market Set to Surge to US$ 2.55 Billion by 2032
During the projected period, the demand for weigh-in-motion systems is predicted to grow at a moderate CAGR of 10.3%. The global weigh-in-motion systems market is expected to generate US$ 1.04 billion in sales in 2022 and US$ 2.55 billion by 2032. Over the forecast period, the weigh-in-motion systems market outlook is expected to be driven by the rapid increase in the number of vehicles …