The global night vision system (NVS) market share is expected to surpass a valuation of USD 1.276.8 Billion by 2032, with sales growing at a 13.9% CAGR over the forecast period. Increasing sales of luxury cars, along with rising awareness regarding road safety is boosting the requirement for improved night visibility range and quality. This is expected …
Category Archives: Automotive Insights
FMI Study States Global Automotive ADAS (Advanced Driver Assistance System) Market is expected to Surpass USD 2,11,710.80 Million by 2034
The global automotive ADAS (Advanced Driver Assistance System) market value is expected to rise from USD 64,047.75 million in 2024 to USD 2,11,710.80 million by 2034. This estimated growth is expected to be driven by a steady CAGR of 12.7% in the automotive ADAS (Advanced Driver Assistance System) market over the next decade. Increasing demand for automotive …
Global Automotive Soft Trim Interior Materials Market Revenue to Surpass USD 9,601.3 Million Mark by 2033, Surging Steadily at 4.8% CAGR
The global automotive soft trim interior materials market is poised for substantial growth, projected to reach a staggering USD 9,601.3 Million by the year 2033, with a steady CAGR of 4.8%. This forecast underlines a significant upward trajectory in the demand for soft trim materials used in vehicle interiors. These materials play a crucial role in enhancing comfort, aesthetics, and …
Automotive Garage Equipment Market Projected to Exceed USD 63.1 Billion by 2033, Growing at a Steady 8.94% CAGR | FMI Reports
Automotive Garage Equipment Market The global automotive garage equipment market, valued at USD 24.4 billion in 2022, is expected to grow to USD 26.8 billion in 2023. According to Future Market Insights, the market is projected to expand at a robust Compound Annual Growth Rate (CAGR) of 8.94% from 2023 to 2033, reaching an estimated …
Electric Bike Market Projected to Reach USD 150.01 Billion by 2033, Fueled by a 10.2% CAGR | FMI Reports
Electric Bike Market The electric bike market is poised for significant growth, with projections suggesting it will reach USD 150.01 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of 10.2%. This growth is fueled by increasing consumer interest in eco-friendly transportation, advancements in e-bike technology, and supportive government policies promoting sustainable mobility. …
Automotive Airbag Market Expected to Achieve USD 35 Billion by 2033, Fueled by a 4.4% CAGR | FMI Reports
Automotive Airbag Market The global automotive airbag market is projected to grow significantly, with an expected compound annual growth rate (CAGR) of 4.4% over the forecast period. Valued at USD 12.2 billion in 2023, the market is anticipated to reach approximately USD 35 billion by 2033. Several key factors are driving the increased adoption of …
Automotive Window Regulator Market Expected to Surpass USD 21.2 Billion by 2031, Driven by 4.5% CAGR | FMI Reports
Automotive Window Regulator Market The global automotive window regulator market is projected to surpass USD 21.2 billion by 2031, with a steady compound annual growth rate (CAGR) of 4.5% throughout the forecast period. The market’s growth is driven by the increasing integration of advanced automated features by automobile manufacturers, highlighting significant advancements in vehicle automation. …
Future Outlook: Electric Scooter Market Set to Reach USD 24.8 Billion by 2033, with a CAGR of 9.1%| FMI Reports
Electric Scooter Market The electric scooter market is projected to reach a valuation of USD 10.4 billion in 2023 and is expected to grow significantly to USD 24.8 billion by 2033, reflecting a compound annual growth rate (CAGR) of 9.1% over the forecast period. This growth is largely driven by government initiatives promoting the adoption …
Aircraft Cabin Interior Market Projected to Reach USD 37.6 Billion by 2033 at a CAGR of 6.1% | FMI Reports
Aircraft Cabin Interior Market The global Aircraft Cabin Interior Market is expected to reach a valuation of USD 20.7 billion in 2023 and is projected to grow to USD 37.6 billion by 2033, with a Compound Annual Growth Rate (CAGR) of 6.1% over the forecast period. In recent years, the aviation industry has experienced a …
Automotive Wire and Cable Material Market Projected to Hit USD 12.02 Billion by 2033, with a CAGR of 6.9% | FMI Reports
Automotive Wire & Cable Material Market The automotive wire and cable material market is on track for substantial growth, with a projected valuation of USD 5,149 million by 2023. Over the following decade, from 2023 to 2033, the market is expected to experience a robust Compound Annual Growth Rate (CAGR) of 6.9%, reaching an impressive …