Automotive Back-up Camera Market In 2022, the global automotive back-up camera market was valued at USD 292.7 million and is projected to reach USD 302.9 million in 2023. According to Future Market Insights, the market is expected to grow at a CAGR of 4.4% from 2023 to 2033, potentially reaching approximately USD 465.8 million by …
Category Archives: Automotive Insights
Future Outlook: Automotive Engineering Services Market Projected to Reach USD 3.2 Billion by 2033, Growing at a CAGR of 7.17% | FMI Reports
Automotive Engineering Services Market In 2022, the global Automotive Engineering Services Market was valued at USD 1.46 billion and is expected to reach USD 1.6 billion in 2023. According to Future Market Insights (FMI), the market is projected to grow at a CAGR of 7.17% from 2023 to 2033, potentially achieving approximately USD 3.2 billion …
Future Outlook: Bicycle Market Expected to Reach USD 6,229.4 Million by 2033, Growing at a CAGR of 8.92% | FMI Reports
Bicycle Market In 2022, the global bicycle market was valued at USD 1,300 million and is projected to grow to USD 2,650.23 million in 2023. The market is anticipated to expand at a CAGR of 8.92% from 2023 to 2033, potentially reaching around USD 6,229.4 million by 2033. The growth of the bicycle market is …
Future Outlook: Aircraft Strut Market Projected to Reach USD 8.5 Billion by 2032, Growing at a CAGR of 6.5% | FMI Reports
Aircraft Strut Market The aircraft strut market is anticipated to experience a steady CAGR of 6.5% from 2022 to 2032, with an estimated value of USD 8.5 billion by 2032. The market was valued at USD 3.9 billion in 2022. Aircraft struts are vital components in the structural assembly of aircraft. The rising frequency of …
Combi Cooler Market Projected to Reach USD 348 Million by 2033, Driven by Demand in Diverse Industries
In 2022, the global market for combi coolers is estimated to be valued at around USD 232 million in 2022. Demand is expected to remain robust across various end-use sectors, with projections indicating the market will reach USD 348 million by 2033, growing at a CAGR of 3.8% from 2023 to 2033. The market is …
Global Residential Boiler Market to Reach USD 53.1 Billion by 2033, Growing at a 5.5% CAGR
The global residential boiler market is projected to grow from USD 31.1 billion in 2023 to USD 53.1 billion by 2033, reflecting a CAGR of 5.5% over the forecast period. Market growth is being driven by the increasing demand for energy-efficient heating solutions, particularly in developing regions where construction activities are on the rise. A …
Water Turbine Market Expected to Reach USD 3.8 Billion by 2032, Fueled by Growing Demand for Renewable Energy
The global water turbine market is projected to rise from USD 2.4 billion in 2022 to USD 3.8 billion by 2032, with a CAGR of 4.7% over the forecast period (2022–2032). Industries worldwide are increasingly turning to renewable energy sources such as solar, wind, and water, driving a notable increase in demand for water turbines. …
Global Composting Equipment Market to Reach USD 177 Million by 2033, Driven by Shifting Consumer Lifestyles
The global composting equipment market is estimated to be worth USD 124.3 million in 2023 and is projected to grow at a CAGR of 3.6%, reaching USD 177 million by 2033. This growth is largely driven by changing consumer lifestyles that emphasize sustainability and eco-friendly practices. Composting equipment is utilized to produce fertilizer and rich …
Global Motor Generator Set Market Projected to Reach USD 4.5 Billion by 2033, Driven by Energy Efficiency Demand
The global motor generator set market is expected to be valued at USD 2.6 billion in 2022, with strong demand anticipated throughout the assessment period. This demand is fueled by a growing emphasis on energy efficiency, leading to a projected market value of USD 4.5 billion by 2033, reflecting a CAGR of 5.3% from 2023 …
Global Mooring Compensators Market Projected to Reach USD 2439 Million by 2032, Driven by Durability and Customization
The global mooring compensators market is currently valued at USD 1780 million and is expected to grow to USD 2439 million by 2032, achieving a CAGR of 3.2% from 2022 to 2032. Mooring equipment is typically made from propylene rubber, known for its resistance to sunlight and ozone. Mooring compensators play a crucial role in …