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The global park assist system market is projected to reach a valuation of US$ 595.6 Mn in 2022. Demand is forecast to increase at a 14.3% CAGR during the forecast period, reaching US$ 2.2 Bn by 2032. Park assist system, which is also known as advanced parking guidance system, helps the driver park with higher …
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The Cryogenic technology demand is expected to grow at a CAGR of around 10% during the forecast period 2021-2031. The market growth can be attributed to factors such as high demand for industrial gases from end-use industries and infrastructure developments for catering high LNG demand. Also, the increasing number of space missions and innovations in cryo-electronics is …
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The global night vision system market is expected to surpass a valuation of US$ 1.2 Bn by 2032, with sales growing at a 13.9% CAGR over the forecast period. Increasing sales of luxury cars, along with rising awareness regarding road safety is boosting the requirement for improved night visibility range and quality. This is expected …
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The Community cloud demand is expected to grow at a CAGR of around 24% during the forecast period 2021-2031. Global demand for high performance with low latency infrastructure is a significant driving factor for community cloud industry. Along with it, achieving economies of scale by use of shared cost model, shared concerns for data redundancy, security and …
Over the forecast period of 2022-2032, the lane departure warning (LDW) market is expected to grow at a CAGR of 9.7%, reaching US$ 12.9 Bn by 2032. All vehicles have sensors, and despite being well-equipped with mirrors, they have poor visibility, resulting in road accidents. As a result, all heavy-duty manufacturers are required to install …
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The global front collision warning market is projected to expand at a firm 14.5% CAGR during the forecast period between 2022 and 2032. Front collision warning (FCW) system is an ADAS feature in-built in vehicles to warn drivers if they are approaching any collision in the form of an obstruction or car in its path. …
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Over the forecast period of 2022-2032, the advance driver assistance system market is expected to grow at a CAGR of 9.6% to reach a valuation of US$ 131,069.1 Mn by 2032. Almost all vehicles accidents are caused by human error, which can be avoided with advance driver assistance system (ADAS). The role of ADAS is …
Over the forecast period of 2022-2032, the driver monitoring system market is expected to grow at a CAGR of 7.5% to reach a valuation of US$ 8,770.9 Mn by 2032. The driver monitoring system market will gain from the surging demand implementation of stringent regulations mandate the use of advanced technology like driver monitoring system …
According to the Peer-to-Peer (P2P) marketplace market analysis by Future Market Insights (FMI), the global market demand is anticipated to grow at a CAGR of 15.5% during the forecast period from 2022 to 2032, pushing the market size to US$ 1.2 Bn in 2022. As per FMI, increasing penetration of internet-connected services and digitization across the BFSI sector is …
According to the cloud IAM market analysis by Future Market Insights (FMI), the adoption of cloud IAM market is estimated to grow with a CAGR of 18.3% from 2022-2032. The report states that the market is expected to reach the valuation of ~US$ 25,539.2 Mn by the end of 2032. Growth is primarily attributed to integration of …