The three-wheel e-scooter market size is anticipated to grow at a CAGR of 2.4%, increasing from USD 1024.2 million in 2022 to USD 1301.4 million by 2032. Several factors are driving the expansion of the three-wheel e-scooter market, including reduced noise levels, low maintenance costs, exceptional mechanical performance, and the growing global adoption of electric …
Category Archives: Automotive Insights
Riding Through the Elements: Waterproof E-Scooter Market Set to Hit USD 8.3 Billion by 2032, with 5% CAGR Growth | FMI Reports
The waterproof e-scooter market is projected to grow at a CAGR of 5%, increasing from USD 5.1 billion in 2022 to USD 8.3 billion in the coming years. Research by FMI reveals that over 71% of e-scooter models now feature water resistance ratings, a significant rise from just 40% in 2021. This surge in waterproof …
Tire Pressure Monitoring System Market Expected to Reach USD 6.34 Billion by 2034, with a CAGR of 6.2% | FMI Reports
The tire pressure monitoring system (TPMS) market is projected to grow at a CAGR of 6.2% through 2034, with its valuation increasing from USD 3.47 billion in 2024 to USD 6.34 billion by 2034. This robust growth is driven by increasing safety regulations and heightened consumer awareness about the importance of maintaining optimal tire pressure. …
Night Vision System Market Poised for Growth, Projected to Reach USD 1,276.8 Million by 2032, with a CAGR of 13.9% | Future Market Insights
The global night vision system (NVS) market is anticipated to exceed a valuation of USD 1,276.8 Million by 2032, with sales projected to grow at a 13.9% CAGR during the forecast period. The rising sales of luxury cars and increasing awareness about road safety are driving the demand for enhanced night visibility range and quality. These …
Lane Departure Warning Market Anticipated to Surpass USD 12.9 Billion by 2032, with a CAGR of 9.7% | FMI Reports
The lane departure warning (LDW) market is projected to expand at a CAGR of 9.7% over the forecast period of 2022-2032, reaching a valuation of USD 12.9 billion by 2032. Despite vehicles being equipped with sensors and mirrors, poor visibility remains a significant factor contributing to road accidents. To address this, regulations now mandate that …
Front Collision Warning Market Projected to Hit USD 11.28 Billion by 2032, with a CAGR of 14.5% | FMI Reports
The global front collision warning market was valued at USD 2.93 billion in 2022 and is projected to expand to USD 11.28 billion by 2032, growing at an impressive CAGR of 14.5% from 2022 to 2032. The anticipated growth in the front collision warning market is driven by the increasing number of road accidents, underscoring …
Advanced Driver Assistance System (ADAS) Market Expected to Achieve USD 211,710.80 million by 2034, with a CAGR of 12.7% | FMI Reports
The global automotive ADAS (Advanced Driver Assistance System) market is projected to grow significantly, increasing from USD 64,047.75 million in 2024 to USD 211,710.80 million by 2034, driven by a steady CAGR of 12.7% over the next decade. The market’s expansion is largely fueled by rising demand for ADAS in compact passenger cars. In developed …
Rapid Growth Ahead: Cargo Bike Tire Market Expected to Achieve USD 650 Million by 2033, with a CAGR of 12.4% | FMI Reports
The global cargo bike tire market is projected to reach a valuation of USD 201.4 million in 2023 and is estimated to grow to USD 650 million by 2033, with a compound annual growth rate (CAGR) of 12.4% during the forecast period. This market growth is driven by increasing demand for eco-friendly transportation. According to …
Robust Growth Ahead: Two Wheeler Accessories Aftermarket Set for USD 45,608.96 Million by 2033, with a CAGR of 8.60% | FMI Reports
The two-wheeler accessories aftermarket is set for substantial growth, with projections indicating it will reach an impressive value of USD 45,608.96 million by 2033, driven by a robust compound annual growth rate (CAGR) of 8.60%. This thriving sector includes a wide range of accessories designed for motorcycles, scooters, and other two-wheeled vehicles, catering to the …
Significant Growth: Ultra-high Performance Tire Market Set to Achieve USD 39 Billion by 2033, with a CAGR of 11.1% | FMI Reports
According to Future Market Insights, the global ultra-high performance (UHP) tire market is projected to reach a valuation of USD 13.6 billion in 2023. From 2023 to 2033, UHP tire sales are expected to grow at a compound annual growth rate (CAGR) of 11.1%, culminating in a market value of USD 39 billion. This substantial …