Future demands for automotive engine valves will be firmly driven by trends such as reduction in exhaust emissions and oil consumption, declining sulphur content in diesel fuel, and phasing out of leaded petrol. Such factors may create implications in production and design of automotive engine valves. Leading automakers will also seek newer materials for manufacturing …
Category Archives: Press Release
Automotive Brake Valve Market to experience year over year growth of 5.2% in 2022 and thus anticipated to reach US$ 6,551.1 by 2022 end
Witnessing a prominent boost from the demand for high-speed racing cars, the global automotive brake valve market is set for a promising CAGR during 2022 – 2027. The sales of automotive brake valves will witness an uptick with the growing stringency of regulations to mandate anti-lock braking system (ABS) fitment in passenger cars and commercial vehicles, says a …
Global Automotive Microcontrollers Market has been projected to exhibit a staggering 13.7% CAGR during 2017 to 2022
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 – …
Automated Guided Vehicles Demand will Rise by 7.9% CAGR as Sales Originating in Transportation and Logistics Sector Increase
As per Future Market Insights (FMI), the global market for automated guided vehicle (AGV) is anticipated to grow at a CAGR of 7.9% over the forecast period 2021-2031, totaling US$ 996 Mn in 2021. Despite challenges imposed by the outbreak of COVID-19 pandemic, the market registered 5.4% year-on-year growth in 2021. Benefits offered by AGV such as reduced labor …
Automotive Tire Market to grow at 6.0% CAGR throughout the forecast period between 2021 and 2031
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 …
Automotive Steering System Market to Cross US$ 33 Bn by 2030 – Future Market Insights
The automotive steering system market is witnessing high demand due to the easy availability and low cost of Column-Electric Power Steering systems (C-EPS) in automobiles. The growing demand for their use in small or compact cars is likely to influence the growth of the market in a positive manner during the forecast period ending in …
Automotive Steering System Market is projected to exhibit a CAGR of 4% over the forecast period (2020–2030)
Increasing use of advanced technology, such as sensors and traction control systems is boding well for the growth of the global automotive steering system market. However, according to an FMI study, the COVID-19 pandemic continues to obstruct automotive production activities, worldwide, as some of the most affected countries house major automotive production hubs, such as Germany, …
Conventional Motorcycles and Scooters Market is valued at US$ 100 Bn in 2021. The market is likely to grow at a CAGR of 4.6% CAGR through 2027 to reach US$ 125 Bn by 2027
A new report by Future Market Insights presents interesting insights into the global conventional motorcycles and scooters market and traces the growth of the market over a 10 year forecast period 2017 – 2027. The report titled ‘Conventional Motorcycles and Scooters Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027’ is a comprehensive take on …
Electric Bike Market value expected to increase at a CAGR of 3.1% during the forecast period 2017-2027
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 …
Polymer Concrete Market Analysis by Size, Share, Growth, Trends up to 2027
As compared to conventional concrete products, polymer concrete products have been observed to display a superior compressive strength as well as impact strength. Moreover, polymer concrete is capable of enduring high-frequency vibrations and can be used for constructing complex shapes. Therefore, use of the polymer concrete in industrial infrastructures such as waste containers, pump bases, …
Continue reading “Polymer Concrete Market Analysis by Size, Share, Growth, Trends up to 2027”