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$ 21,258.4 Million by 2033. The market is valued at US$ 9,402.3 million in 2023. The Electric Vehicle (EV) Battery Market is witnessing remarkable growth driven by several factors, …
Category Archives: Automotive Insights
EV Powertrain Market Forecasted to Hit US$ 112,036 Million by 2033 with 24% CAGR
The size of the worldwide EV powertrain market which is estimated at US$ 10,470.6 million in 2022, is anticipated to register a CAGR of 24% from 2023 to 2033. By following this impressive growth rate the total valuation is anticipated to reach US$ 112,036 Million by the end of 2033. Since conventional fuel cars are …
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Green Tire Market Projects US$ 85.79 Billion Revenue by 2033 with a CAGR of 9.8%
The green tire market is forecasted to garner revenue of US$ 85.79 Billion by 2033, up from US$ 33.68 billion in 2023, advancing at a CAGR of 9.8% from 2023 to 2033. Germany is expected to account for approximately 7.7% of the European market by 2033, owing to growing environmental concerns, favorable government support, the …
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Dashboard Camera Market Accelerates with 18.3% CAGR, Aims for US$ 13 Billion by 2032
The global dashboard camera market is anticipated to reach a valuation of US$ 13 Billion by 2032, with the market expanding at a prolific CAGR of 18.3% from 2022 to 2032. Valued at US$ 2 Billion in 2021, the target market is set to reach 2.4 Billion in 2022. The dashboard camera market, also known …
Spark Plug Market to cross US$ 6.1 billion by 2033
According to a newly updated study by Future Market Insights, the spark plug market is expected to grow favorably, with an estimated US$ 4.0 billion in global sales in 2023. Between 2023 and 2033, the market’s value is anticipated to rise at a CAGR of 4.2%. By 2033, it is expected that the spark plug …
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Crawler Excavator Market to surpass US$ 65,665.2 million by 2033
The crawler excavator market size is expected to cross US$ 50,307.3 million in 2023 and is anticipated to attain a valuation of US$ 65,665.2 million by 2033. The crawler excavator market share is predicted to thrive at a CAGR of 2.7% from 2023 to 2033. Beyond new building initiatives, aging infrastructure needs routine upkeep and …
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Compact Wheel Loaders Market is expected to reach US$ 6,322.1 million by the end of 2033
The compact wheel loaders market is likely to reach a valuation of US$ 3,866.7 million in 2023. According to FMI estimation, the market is anticipated to expand at a 5.04% CAGR from 2023 to 2033 and is predicted to value at US$ 6,322.1 million by the end of 2033. A huge range of industrial applications …
Bicycle Components Aftermarket Worth US$ 28.3 Billion by 2033
The Bicycle Components Aftermarket in 2022 was US$ 14 Billion and is estimated to be US$ 14.62 Billion in 2023. According to FMI analysis, the bicycle components aftermarket is projected to expand at a CAGR of 6.9% between 2023 and 2033, totaling around US$ 28.3 Billion by 2033. The surge in demand for bicycle components …
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Automotive TCU Market is expected to reach US$ 22,437.4 million by 2033
The automotive TCU market is predicted to be worth US$ 15,157.9 million in 2023 and rise to US$ 22,437.4 million by 2033. Demand initially expanded at a market CAGR of 3.2% between 2018 and 2022. Technological improvements significantly drive the demand for automotive TCUs. Incorporating cutting-edge technologies into TCUs and ongoing innovation in gearbox systems …
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Automotive Wires Market Worth US$ 8,868.7 million by 2033
Global automotive wires market in 2022 was US$ 4823.2 million and is estimated to be US$ 4937 million in 2023. Future Market Insights has mentioned in its reports that the Automotive Wires Market will expand at a CAGR of 6.03% between 2023 and 2033, totaling around US$ 8,868.7 million by 2033. Robust growth in the …
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