Automotive Turbocharger Industry Global sales of automotive turbochargers are estimated to be USD 18,217.7 million in 2024 and are projected to grow to USD 45,561.7 million by 2034, reflecting a CAGR of 9.6% over the forecast period from 2024 to 2034. In 2023, the revenue generated by automotive turbochargers was reported at USD 16,622.0 million, …
Category Archives: Research Insights
Automotive Camshaft Industry: Key Drivers and Insights | FMI Reports
The automotive camshaft industry is projected to grow at a CAGR of 3.7% during the assessment period. In 2024, the Industry is expected to generate revenues of USD 10,662.70 million, with the Industry size forecasted to reach USD 11,056.49 million by the end of 2034. The automotive camshaft Industry is integral to the performance and …
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Electric Boat Industry: Key Drivers and Insights | FMI Reports
The global electric boat industry is estimated to reach USD 6,954.6 million in 2024 and is projected to grow at a CAGR of 10.5% during the forecast period, potentially reaching USD 18,875.4 million by 2034. The industry is expected to experience a year-over-year growth of 9.8% in 2024. The electric boat industry is rapidly gaining …
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Hydrostatic Transmission Industry: Key Drivers and Insights | FMI Reports
The hydrostatic transmission industry is projected to reach a significant value of USD 3.41 billion in 2023. Known for their high efficiency and performance, hydrostatic transmissions are well-suited for applications requiring precise and responsive control. FMI forecasts that the Industry revenue could exceed USD 5.61 billion by 2033, reflecting a CAGR of 5.1% over the …
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Automotive Sensors Industry: Key Drivers and Insights | FMI Reports
The global automotive sensors industry is expected to be valued at USD 19.2 billion in 2023 and is projected to grow to USD 44 billion by 2033, driven by a CAGR of 8.6% during the forecast period. The automotive sensors Industry is experiencing rapid growth, fueled by advancements in vehicle technology, the push for enhanced …
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Fifth Wheel Coupling Industry: Key Drivers and Insights | FMI Reports
The global automotive fifth wheel coupling industry is expected to grow at a CAGR of 5.8% from 2023 to 2033. With a Industry value of USD 637.1 million in 2023, it is projected to reach USD 1.1 billion by 2033. The fifth wheel coupling Industry is witnessing steady growth as the demand for heavy-duty commercial …
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Advanced Driver Assistance System (ADAS) Testing Equipment Industry: Key Drivers and Insights | FMI Reports
The global advanced driver assistance system (ADAS) testing equipment industry is expected to be valued at USD 56.4 billion in 2023 and is projected to grow to USD 202.7 billion by 2033, reflecting a CAGR of 13.6% during the forecast period. The Advanced Driver Assistance System (ADAS) testing equipment Industry is experiencing significant growth, driven …
Rubber Track for Defense and Security Industry: Key Drivers and Insights | FMI Reports
The global rubber track for defense and security industry was valued at USD 125.9 million in 2022. Over the forecast period, the demand for rubber tracks in defense and security is expected to grow at a CAGR of 5.8%. The Industry value is projected to rise from USD 131.9 million in 2023 to USD 232.1 …
Automotive Seat Heater Industry: Key Drivers and Insights | FMI Reports
The global automotive seat heater industry was valued at USD 2,871.1 million in 2022. During the forecast period, the demand for automotive seat heaters is expected to grow at a CAGR of 6.7%. The Industry value is projected to increase from USD 3,030.0 million in 2023 to USD 5,790.8 million by 2033. The automotive seat …
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Automotive Windshield Washer System Industry: Key Drivers and Insights | FMI Reports
The automotive windshield washer system industry is expected to grow at a notable CAGR of 5.0% through 2033. According to FMI data, the Industry size is forecasted to rise from USD 21 billion in 2023 to USD 34.2 billion by 2033. The automotive windshield washer system is a crucial component in ensuring clear visibility and …