Driver Monitoring System Market The driver monitoring system (DMS) market is projected to grow at a steady compound annual growth rate (CAGR) of 7.5% between 2023 and 2033, with its value expected to increase from USD 4.5 billion in 2023 to USD 9.3 billion by 2033. The rise in demand for self-driving and semi-autonomous vehicles, …
Category Archives: Automotive Insights
Automotive Emergency Braking System Market Expected to Attain USD 68.26 Billion by 2033, Growing at an 8% CAGR | FMI Reports
Automotive Emergency Braking System Market The automotive emergency braking system market was valued at around USD 29.5 billion in 2022 and is projected to reach USD 31.6 billion by the end of 2023. With a forecasted compound annual growth rate (CAGR) of 8%, the market is expected to grow significantly, reaching USD 68.3 billion by …
Swift Expansion Expected: Cargo Bike Tire Market Projected to Reach USD 650 Million by 2033, with a CAGR of 12.4% | FMI Reports
Cargo Bike Tire Market The global cargo bike tire market is expected to be valued at USD 201.4 million in 2023 and is projected to grow to USD 650 million by 2033, reflecting a compound annual growth rate (CAGR) of 12.4% during the forecast period. This growth is driven by the rising demand for eco-friendly …
Strong Growth Forecast: Two-Wheeler Accessories Aftermarket Expected to Reach USD 45,608.96 Million by 2033, with an 8.60% CAGR | FMI Reports
Two Wheeler Accessories Aftermarket The two-wheeler accessories aftermarket is poised for significant growth, with projections suggesting it will reach a remarkable value of USD 45,608.96 million by 2033, driven by a strong compound annual growth rate (CAGR) of 8.60%. This expanding sector encompasses a wide array of accessories tailored for motorcycles, scooters, and other two-wheeled …
Notable Growth: Ultra-High Performance Tire Market Expected to Reach USD 39 Billion by 2033, with a CAGR of 11.1% | FMI Reports
Ultra-high Performance (UHP) Tire Market According to Future Market Insights, the global ultra-high performance (UHP) tire market is expected to be valued at USD 13.6 billion in 2023. From 2023 to 2033, UHP tire sales are projected to grow at a compound annual growth rate (CAGR) of 11.1%, reaching a market value of USD 39 …
Strong Growth: Two-Wheeler Aftermarket Components & Consumables Market Projected to Achieve 7% CAGR, Aiming for USD 58 Billion by 2033 | FMI Reports
Two Wheeler Aftermarket Components & Consumables Market The two-wheeler aftermarket components and consumables market is poised for substantial growth, with a projected compound annual growth rate (CAGR) of 7%, reaching an estimated market value of USD 58 billion by 2033. This significant expansion is driven by the increasing use of two-wheelers, especially in urban areas …
Consistent Growth: North America Underground Mining Vehicle Market Expected to Reach USD 8,795.08 Million by 2033, with a 6% CAGR | FMI Reports
North America Underground Mining Vehicle Market The North American underground mining vehicle market is expected to reach USD 4,891.72 million in 2023 and grow to USD 8,795.08 million by 2033, with a compound annual growth rate (CAGR) of 6% during the forecast period. This growth is primarily driven by increasing investments in mining and industrialization, …
Steady Growth Projection: Automotive Body in White Market Set to Reach USD 89.4 Billion by 2033, with a CAGR of 3.5% | FMI Reports
Automotive Body in White Market The global automotive body-in-white (BIW) market is currently valued at USD 63.5 billion and is projected to grow to USD 89.4 billion by 2033, reflecting a compound annual growth rate (CAGR) of 3.5% from 2023 to 2033. Market growth is being driven by industrialization, globalization, and the expansion of supply …
Strong Growth Forecast: Cargo Bike Market Poised to Reach USD 4.2 Billion by 2033, with a CAGR of 11.6% | FMI Reports
Cargo Bike Market The global cargo bike market is projected to reach USD 2.1 billion in 2023 and is expected to grow to USD 4.2 billion by 2033, representing a compound annual growth rate (CAGR) of 11.6% during the forecast period. In the United States, demand for cargo bikes is forecasted to increase at a …
Electric Kick Scooter Market Projection: Anticipated to Hit USD 8,021.5 Million by 2033, Growing at a 11.5% CAGR | FMI Reports
Electric Kick Scooter Market The electric kick scooter market is expected to grow from USD 2,700.9 million in 2023 to USD 8,021.5 million by 2033, reflecting a compound annual growth rate (CAGR) of 11.5% during the forecast period. This growth is primarily driven by the rising demand for eco-friendly transportation options, fueled by environmental concerns …