According to Future Market Insights (FMI), the global automotive active purge pump market is projected to expand at a CAGR of 11.2% between 2021 and 2031. As the focus on reducing vehicular emissions gains traction, sales of active purge pumps for automobiles will grow. The overall market valuation will total US$ 192 Mn in 2031, up from …
Category Archives: Automotive Insights
Automotive In-Wheel Motors Market will record a staggering CAGR of over 35% through 2027
Automotive in-wheel motors have recorded a remarkable surge in sales in recent years, influenced by multiple factors ranging from greater driving range per charge to elimination of components such as driving and differential shafts. According to a study of Future Market Insights (FMI), the automotive in-wheel motors sales will exceed 720 thousand units in 2019. Affordability …
Watertight Doors Market worth will reach US$ 311 Mn in 2021
Watertight doors market witnessed sales of nearly 77,570 units by 2021 and is poised to register year on year growth of 6.7% in 2021. As per a study by Future Market Insights (FMI), buoyancy of the global watertight doors market can be attributed to- Optimistic outlook of coastal and marine tourism Surging rate of ocean-based …
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Automotive Exhaust Manifold Market reaching a value of about US$ 9.7 Bn by 2022 end
With a key focus on the development of new technologies, in line with stringent government regulations aimed at emission control, the demand for efficient automotive exhaust manifold systems is estimated to grow at a rather modest rate, in 2019, as indicated by Future Market Insights (FMI) in a recently published market intelligence report. As per the analysis, …
Motorcycle Chain Sprocket Market Future Trends, Industry Size and Forecast to 2027
Demand for motorcycle chain sprocket, in Asia Pacific, is expected to grow at a steady year-on-year rate of 5.3 percent, in 2019, as per a recently released market intelligence study by Future Market Insights (FMI). Motorcycle chain sprocket being the lightest transmission possible compared to gear mechanism, in addition to being highly cost-effective in terms of manufacturing versus …
Advantages of Fiber Laser Technology
Fiber lasers are high-output lasers created from protracted communication relay amplification technology for optical fibers. The laser ray is effectively intensified by going through the optical fiber, which gets in conceivable to create a high-output laser. In contrast to customary laser markers, high-output lasers could perform profound engraving with a similar checking time and quicker …
Marine Fuel Injection System Sales to Expand at 3% CAGR Through 2029; Ceased Production Due to COVID-19 Pandemic Challenges Market Growth
Growing usage of vessels such as sailboats, recreational boats, luxury yacht, and personal watercraft is estimated to drive the global marine fuel injection system market during the assessment period. Sea transport holds 90% of the overseas trade worldwide, owing to its low cost and economical nature in contrast to different modes of transport. With rapid …
Laser Safety Glass Market Sales to Expand at Remarkable 10% CAGR through 2029; COVID-19 Outbreak to Impact Demand till Pandemic Subsides: FMI
Laser safety glasses absorb/filters or lessen the light transmission of a specific wavelength. It is utilized for self-protection from internal factors such as medical, industrial, weapons training, logistics, and R&D. In the military, laser safety glasses shield the user from enemy laser attacks. It is extensively utilized in the healthcare sector, mainly in dermatology and …
Motorcycle Suspension System Market Value to Reach US$ 2.4 Bn by 2029; Halted Production Due to COVID-19 Pandemic Challenges Rapid Market Growth
Air suspension systems have practical applications on any motorcycle configuration and other vehicles. Highly influenced by the adaptability quotient, motorcycle suspension systems improve the vehicle’s ride characteristics and the overall function. The rising suspension replacement frequency, increasing populace, and augmented demand for comfort are anticipated to push the market growth for the motorcycle suspension system. …
Automotive Washer System Sales on an Upswing, Easing Lockdown worldwide Due to Coronavirus Outbreak to Generate Growth Opportunities
Growing vehicle production and effectuation of efficient washer & wiper technologies are the major factors supporting the sales of automotive washer systems worldwide. The automotive washer systems sales were expected to touch 1,453.4 Mn units, in volume terms, during 2016 and is likely to grow at a CAGR of 3.5% during the assessment period 2016–2026. …