The global flight tracking system industry is projected to grow at a steady CAGR of 5.5% over the forecast period. Valued at USD 456.6 million in 2023, the market is anticipated to reach a valuation of USD 780.0 million by 2032. The flight tracking system industry is experiencing significant growth, driven by rising demand for …
Category Archives: Research Insights
Automotive Washer System Industry: Enhancing Visibility and Safety on the Road | FMI Reports
The global automotive washer system industry was valued at USD 23.521 billion in 2022 and is expected to reach USD 24.674 billion in 2023. Driven by the rapid growth of the automotive sector, the demand for automotive washer systems is projected to expand at a CAGR of 5.2% from 2023 to 2033, reaching a total …
Car Security System Industry: Safeguarding Vehicles with Advanced Technologies | FMI Reports
The global car security system industry is projected to reach a valuation of USD 13.5 billion in 2023 and is anticipated to grow to USD 40 billion by 2033. The market is expected to expand at a CAGR of 11.4% throughout the forecast period. The Car Security System Industry is witnessing significant growth as the …
Dual Clutch Transmission (DCT) Industry: Revolutionizing Performance and Efficiency in the Automotive Market | FMI Reports
The global dual clutch transmission (DCT) industry was valued at USD 77,849.1 million in 2019. By 2024, it is expected to achieve a year-on-year (Y-O-Y) growth of 8.6%, reaching USD 98,736.5 million. Over the forecast period, the industry is projected to grow at a CAGR of 9.2%, culminating in a revenue of USD 238,566.6 million …
Aircraft Cabin Interior Industry: Market Trends, Key Drivers, and Future Outlook | FMI Reports
The global aircraft cabin interiors industry is projected to reach a valuation of USD 34,859.5 million in 2024 and is expected to grow to USD 48,636.3 million by 2034. Over the forecast period from 2024 to 2034, sales are anticipated to expand at a CAGR of 3.4%. The Aircraft Cabin Interior Industry is evolving rapidly …
Lightweight Automotive Body Panels Industry: Pioneering Sustainable and Efficient Vehicle Designs | FMI Reports
The lightweight automotive body panels industry is projected to be valued at USD 122,054.9 million in 2023 and is anticipated to grow to USD 191,369.2 million by 2033. Market sales are expected to increase at a notable CAGR of 4.6% over the forecast period. The Lightweight Automotive Body Panels Industry is emerging as a cornerstone …
Compaction Machines Industry Gains Momentum with Infrastructure Development and Smart Construction Solutions | FMI Reports
The compaction machines market is poised for significant growth, projected to expand at a robust CAGR of 6.4% from 2023 to 2033. The market is estimated to achieve a valuation of USD 5.60 billion in 2023 and is expected to grow substantially, reaching USD 10.42 billion by the end of 2033. The global compaction machines …
Automotive Head-Up Display Industry Drives Forward with Enhanced Safety and Smart Driving Features | FMI Reports
The global automotive head-up display (HUD) market is anticipated to reach a valuation of USD 1.3 billion in 2023 and is forecasted to expand significantly, hitting USD 6.4 billion by 2033. The market is set to grow at a robust CAGR of 17.2% throughout the forecast period. The global automotive head-up display (HUD) industry is …
APEJ Automotive Aftermarket Poised for Robust Growth Amid Rising Vehicle Maintenance Demand | FMI Reports
According to FMI, the automotive aftermarket is expected to grow in revenue from USD 150 billion in 2023 to USD 264 billion by 2033. However, market growth shows a deceleration, with the CAGR declining from 7.7% during 2017 to 2022 to 5.8% over the forecast period from 2023 to 2033. The Asia Pacific excluding Japan …
APAC Automotive Telematics Industry Set for Robust Growth Amid Rising Connectivity Demands | FMI Reports
The APAC automotive telematics market is projected to reach a valuation of USD 93.9 billion in 2023, with expectations to grow significantly to USD 414.5 billion by 2033. The market is anticipated to experience a robust CAGR of 16% during the forecast period from 2023 to 2033. The Asia-Pacific (APAC) automotive telematics industry is on …