The global gasoline direct injection market is projected to attain a valuation of US$ 10.6 billion in 2023 and is expected to accumulate US$ 25.79 billion by 2033, rising at a CAGR of 9.2% during the forecast period. Global efforts to address deteriorating ambient air quality have led to the adoption and enforcement of stricter …
Category Archives: Automotive Insights
Driving Business Growth: The Business Implications of Growing Demand for Automotive ABS and ESC Systems
According to a recent research report from Future Market Insights (FMI), the global automotive ABS and ESC market is poised for dynamic growth throughout the forecast period of 2022 to 2029. Projections indicate that the global sales of automotive ABS and ESC are anticipated to exceed a remarkable revenue milestone of US$ 100 Billion by …
Exploring the Surging Growth of In-Vehicle Ethernet Systems in the Evolving Automotive Industry
The In-Vehicle Ethernet System Market is expected to grow to US$ 9.4 billion in value by 2033. The Global In-Vehicle Ethernet System Market is anticipated to reach US$ 2.7 Billion in value in 2023 and is expected to grow at a CAGR of 14.6% from 2023 to 2033, according to FMI. The automotive industry has …
Accelerating Ahead: Unraveling the Lucrative Business Opportunities in the Global Two Wheeler Accessories Aftermarket
During the forecast period 2022 to 2032, the two wheeler accessories aftermarket is expected to grow at a value of 8.6% CAGR, according to Future Market Insights. By the year 2032, the global market for two wheeler accessories is expected to rise up to a market valuation of US$ 41.07 Billion. It’s difficult to imagine …
Electric Vehicle Boom Propels India Automotive Stamping Market to New Heights: Estimates a Valuation of US$ 18.86 billion by 2033
According to Future Market Insight, the India automotive stamping market is projected to reach US$ 18.86 billion by 2033, with a CAGR of 10.5%. This marks a substantial increase from the estimated value of US$ 6.94 billion in 2023. The expansion of India’s automotive industry directly translates into increased demand for automotive stamping components. As more vehicles …
Empowering Electric Mobility: Unveiling the Lucrative Market of Diagnostic Tools for EVs
The global diagnostic tools for EVs market is expected to rise at a sturdy growth rate of 12.8% during the forecast years as per a report by FMI. The overall market valuation of total sales of diagnostic tools for EVs in 2022 was US$ 1,437 million which is further projected to reach US$ 5,401.6 million …
Unraveling the Expanding Horizons of the Global Cargo Bike Market and Its Transformation into a Versatile Business Platform
The global cargo bike market is estimated to attain a valuation of US$ 1.4 billion in 2023 and is expected to accumulate US$ 4.2 billion by 2033, rising at a CAGR of 11.6% during the forecast period. Cargo bikes have evolved beyond their traditional role in goods delivery and transportation. They now serve as platforms …
Accelerating the Future: Unraveling the High-Paced Growth of the Global EV Charging Station Market
The global EV charging station market is projected to have a high-paced CAGR of 26.6% during the forecast period. The current valuation of the EV charging station market is US$ 10,768.2 Million in 2023. The value of the EV charging station market is anticipated to reach a high of US$ 113,889.1 Million by the year …
Clear Vision Ahead: Exploring the Accelerating Growth of the Automotive Washer System Market
The automotive washer system market is poised for significant growth, with the global market size projected to reach US$ 24.674 billion by 2023. Driven by the rapid expansion of the automotive industry, the demand for automotive washer systems is expected to witness a robust CAGR of 5.2% from 2023 to 2033. By 2033, the automotive …
Taking Flight: Exploring the Soaring Growth of the Global Aircraft Sensors Market
As per the reports published by FMI, the global aircraft sensors market is projected to have an average-paced CAGR of 9.1% during the forecast period. The current valuation of the market is US$ 6,233.7 Million in 2023. The market value of the aircraft sensors market is anticipated to surpass a market valuation of US$ 13,211.0 …
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