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The demand for weigh in motion system market is predicted to grow at a moderate CAGR of 10.3%. The global weigh-in-motion systems market is expected to generate US$ 1.04 billion in sales in 2022 and US$ 2.55 Billion by 2032. Over the forecast period, the weigh-in-motion systems market outlook is expected to be driven by …
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The global E-Rickshaw market is worth US$ 1.7 Billion as of now and is expected to reach US$ 27.5 Billion by the year 2032 at a smashing CAGR of 31.8% between 2022 and 2032. E-rickshaws are at a lower risk of mishaps in comparison with cycle rickshaws and traditional rickshaws; as fuel or peddling is …
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According to ESOMAR-certified Future Market Insights’ (FMI) – Over the forecast period, the global electric vehicle battery housing market is expected to grow at a rapid CAGR of 31.8%. The market is expected to reach US$ 1,531.1 Million in 2023. The market is anticipated to reach US$ 24,219.1 Million by 2033. Consumer acceptance of electric …
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The Zinc-Air Batteries Market is poised for substantial growth, with an estimated Compound Annual Growth Rate (CAGR) of 5.7% over the forecast period from 2023 to 2033. The market size for zinc-air batteries is predicted to experience significant expansion, expected to increase from US$ 2.0 Billion in 2023 to reach US$ 3.5 Billion by 2033. …
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As per Future Market Insights (FMI), the Europe automotive tire market value is projected to rise from US$ 68.4 billion in 2023 to US$ 108.7 billion by 2033. Sales of automotive tires across Europe are likely to soar at 4.8% CAGR throughout the forecast period. Rapid growth of automotive sector, adoption of electric vehicles, and …
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The global automotive HD/imaging radar market is predicted to exhibit astonishing growth, exhibiting a CAGR of 23.61% from 2023 to 2033. According to the recent report published by FMI, the market valuation is likely to hit US$ 10.1 billion in 2023 and US$ 84.11 billion by 2033. Automotive HD radar is a crucial component of …
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According to FMI’s study of the global EV power module market demand, the industries are anticipated to expand at a healthy CAGR of 24% on average. Consequently, by the end of the forecast period, the EV module market share’s entire worth might reach up to US$ 16,805.4 million. Back in the year 2022, the overall …
The adaptive cruise control market is capturing a valuation of US$ 4.1 billion in 2023 and is predicted to reach US$ 13.7 Billion by 2033. The market is registering a CAGR of 12.7% during the forecast period. The automotive industry is rapidly growing behind the global market growth. The demand for adaptive cruise control is rising due …
The global automotive turbocharger market is expected to be worth US$ 16.6 billion. The market is expected to reach US$ 41.5 Billion by 2033. It is anticipated to expand at a 9.6% CAGR throughout the forecast period. By compressing the intake air, turbochargers can potentially increase engine efficiency by improving combustion and power production. This can be particularly crucial if …
The automotive interior market is estimated to be worth US$ 166.7 billion in 2024 and is projected to be valued at US$ 270 Billion in 2034. Between 2024 and 2034, the industry is expected to register a CAGR of 4.9%. The growth of the automotive interior market is driven by the increasing demand for connected features in vehicles, including in-car …
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