The global market for automotive microcontrollers has been projected to exhibit a staggering 13.7% CAGR during 2017 to 2022, according to a latest research by Future Market Insights (FMI). The global automotive microcontrollers market is estimated to surpass US$ 1,500 Mn in revenues by 2022-end. Utilisation of Microchips to Enhance Flexibility and Improve Connectivity in Vehicles – …
Category Archives: Business
Automotive Lighting Market is expected to reach a valuation of US$34.7 Billion in 2021, And expected to grow at a CAGR of 6.3% for 2021- 2031 | Koito Manufacturing Co. Ltd., Hella KGaA Hueck & Co., Stanley Electric Co., Valeo SA
According to ESOMAR-certified Future Market Insights (FMI), automotive lighting sales have been increasing significantly in response to the growing demand for better safety systems across the globe. As per the study, the global automotive lighting market is anticipated to grow at around 6.3% CAGR through the forecast period from 2021 to 2031. The automotive lighting market is …
Automotive Tire Market financial guide for 2031 by leading players Continental AG, Bridgestone Corp., Michelin
According to ESOMAR-certified Future Market Insights’ (FMI), demand for automotive tire is expected to rise considerably, enabling the automotive tire market to grow at 6.0% CAGR throughout the forecast period between 2021 and 2031. Newly released data by Future Market Insights predicts the global automotive tire market to reach US$ 366,092 Mn in 2021. Despite stifled growth amid COVID-19 outbreak, the market is …
Automotive Wiring Harness Market sales are set to exceed US$ 48 Bn in 2021, And grow at 7.9% CAGR through 2031 | LEONI Group, Samvardhana Motherson Group, Sumitomo Electric
Substantial increase in the investment for automated driving activities and development of electric vehicles charging infrastructure across the globe are expected to remain key defining factors in the global automotive wiring harness market. As per FMI’s analysis, the global automotive wiring harness sales are set to exceed US$ 48 Bn in 2021, whereas in the long-term, …
Automotive Bearing Market will Register a CAGR of 4.9% through 2022 | The Timken Company, Schaeffler AG, RKB Bearing Industries, NTN Corporation, NRB Bearings Ltd.
Automotive bearings are accountable for smooth, economical and frictionless running of automobiles. They are present in almost every part of the automobile to ensure movement safety, load handling as well as balance. Several types of bearings are used in automobiles. To name a few, thrust bearings, ball bearings, roller bearings, housed units, needle roller bearings, …
Automotive Glass Market projecting 4% CAGR through 2030 | Dura Automotive Systems, Saint-Gobain S.A., Asahi Glass Co. Ltd., Fuyao Glass Industry Group Co. Ltd.
The global demand for automotive glass has declined significantly in 2020, with the Covid-19 pandemic restricting automotive production and reducing new orders in the manufacturing sector. However, long-term prospects remain bullish, with a new report by FMI projecting 4% CAGR through 2030. The report opines that market players will benefit from smart glass technology and the rising …
Advanced Driver Assistance System (ADAS) Testing Equipment Market reached US$ 222,486 Thousand in 2021 | Konrad GmbH, AB Dynamics plc, National Instruments Corporation, TKH Group NV
As per a recent market survey by ESOMAR-certified consulting firm Future Market Insights (FMI), the global ADAS testing equipment market reached US$ 222,486 Thousand in 2021. Development of sophisticated ADAS equipment, coupled with increasing adoption of autonomous vehicles in various countries, is identified as key growth accelerators in the report. Owing to these factors, FMI has projected the market …
Electric Bike Market 2021 | Latest Trends, Demand, Growth, Opportunities & Outlook Till 2027 | Top Key Players: ECCITY Motocycles, Hero Electric Vehicles Private Limited, Gogoro Inc., GOVECS Gmb
FMI delivers key insights on the global electric bike market in its latest report titled “Electric Bike Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027.” The long-term outlook on the global electric bike market remains positive with the market value expected to increase at a CAGR of 3.1% during the forecast period (2017-2027). Among the battery …
Aerial Work Platform (AWP) Market will expand at a CAGR of 12.0%
[192 pages Report] An aerial work platform (AWP) Market are commonly used for all kinds of maintenance and construction activities, especially when it needs to be done at a certain height. It is used extensively in maintaining overhead lines in the power and telecommunications and in arboriculture industries. Aerial work platforms might even have advanced …
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CBRN Protection Equipment Sales Majorly Upheld by Personal Protection Equipment; Global Market Revenues Poised for 5% CAGR Through 2029
A new Future Market Insights (FMI) study suggests that the global CBRN (Chemical, Biological, Radiological and Nuclear) protection equipment market will exhibit a healthy CAGR of more than 5% during the forecast period of 2019 – 2029. Greater emphasis of governments on enhancing safety of military forces constitutes a major push to global sales of CBRN protection …