New Product Development
The water proof E-Scooter market is expected to escalate at a CAGR of 5.0% from US$ 5.1 Billion in 2022 to US$ 8.3 Billion by 2032. According to FMI analysts, more than 71% of E-Scooter models have water resistance ratings. (This is an increase from 40% in 2021). It’s crucial to note, however, that the level of …
Continue reading “Waterproof E-Scooter Market Forecasts US$ 8.3 Billion by 2032 with 5.0% CAGR”
The compact e-scooter market size accounted for about US$ 626.8 Million in 2022 and is anticipated to reach US$ 806.3 Million by 2032, advancing at a CAGR of 2.6% during the forecast period (2022-2032). As traffic congestion worsens in and around major cities, commuters are compelled to choose either expensive modes of transportation or homes near the workplace; the compact electric …
The global off road all terrain e-scooter market is predicted to witness a CAGR of 4.8% during the forecast years. The net worth of the off road all terrain e-scooter market share is expected to reach US$ 2.5 Billion by the year 2032, increasing from US$ 1.53 Billion in the year 2021. Global concern over the …
The ASEAN automotive bearings market is anticipated to be worth US$ 1.009 billion by 2023. It is estimated to reach US$ 1.675 Billion by 2033, with a CAGR of 5.2%. Automotive bearings are a crucial feature of a vehicle that helps to minimize friction between two spinning parts and supports axial and radial loads. Increased …
In 2018, the global EV charging station market had sales of US$ 3.8 billion. In 2022, the market expanded by 52.4% year over year. In 2023, it’s projected to generate US$ 22.9 billion in sales. The market for EV charging stations worldwide is anticipated to surge at a CAGR of 18.3% between 2023 and 2033. …
Continue reading “EV Charging Station Market to Hit US$ 122.8 billion by the end of 2033”
The plain bearing market is predicted to capture a valuation of US$ 12 Billion in 2023 and is projected to reach US$ 20,850.8 Million by 2033. The market is securing a CAGR of 5.7% during the forecast period. Which Sector is Prominent in the Global Market? The market is driven by several end-use industries, such as automotive, …
Continue reading “Plain Bearing Market Eyes US$ 20,850.8 Million by 2033 with 5.7% CAGR”
The automotive active purge pump market is predicted to be valued at US$ 82.01 Million in 2023 and US$ 230 Million by 2033. Over the projection period, sales in the automotive active purge pump market are expected to increase at a CAGR of 10.9%. Stringent global emission standards are driving the adoption of more sophisticated active …
After a detailed analysis on the EV charging cable market, FMI recently published a new report on the electric vehicle sensor market. As per the analysis, sale of electric vehicle sensor holds a current valuation of US$ 10,725.11 million in 2024. Going by this pattern, demand could rise and equate to a market valuation of US$ …
The automotive brake system & components market size is projected to be valued at US$ 69,403.5 million in 2023 and is expected to rise to US$ 109,862.1 Million by 2033. The automotive brake system & components market sales are expected to capture a significant CAGR of 4.7% during the forecast period. The automotive brake system & …
The automotive microcontroller market is estimated to be valued at US$ 14.32 billion in 2024. The market is projected to register an 8.27% CAGR from 2024 to 2034. The industry value is forecasted to reach US$ 31.7 Billion by 2034. The automotive sectors in many countries are currently following mandatory safety standards, which has necessitated the deployment …