The global electric bus market is expected to be valued at USD 21.3 billion in 2024, with projections indicating it will reach USD 68.5 billion by 2034, growing at a CAGR of 12.4%. The sector has witnessed substantial growth in recent years, driven by increasing environmental awareness, supportive government policies, and advancements in technology. As …
Category Archives: Research Insights
Low-Speed Vehicle (LSV) Market Poised for Growth as Demand for Sustainable Urban Mobility Solutions Increases | FMI Reports
The global low speed vehicle (LSV) market is expected to generate sales of USD 8,776.2 million in 2024. From 2024 to 2034, the market is projected to grow at a CAGR of 7.9%, reaching a market size of USD 18,812.2 million by the end of 2034. The Low-Speed Vehicle (LSV) market is on the rise …
Motorcycle Headlight Bracket Market Set for Steady Growth Driven by Rising Motorcycle Sales and Technological Advancements | FMI Reports
The global motorcycle headlight bracket market is projected to grow at a moderate CAGR of 6.5% through 2034. With several driving factors in play, the market size is expected to reach USD 271.4 million by 2034, up from an estimated USD 145.2 million in 2024. The motorcycle headlight bracket market is experiencing steady growth as …
Turboprop Engine Market Set for Steady Growth with Advancements in Aviation Technology and Regional Connectivity | FMI Reports
The global turboprop engine market is expected to reach a value of USD 1.2 billion by 2024, with further growth anticipated to drive the market to USD 2.2 billion by 2034. The market is projected to expand at a robust CAGR of 6.2% during the forecast period. The rapid growth of the airline sector, fueled …
Accelerating Growth: The Electric Bicycle Market Set to Transform Urban Mobility | FMI Reports
The global electric bicycle market is poised for significant growth in the coming years, offering considerable opportunities. It is projected to reach a value of USD 4.0 billion by 2024, with continued robust expansion expected to drive the market to USD 6.6 billion by 2034. This growth trajectory underscores a substantial market expansion, with a …
Rolling Stock Management Market Set for Growth as Rail Transport Modernizes Globally
The rolling stock management market is projected to be valued at USD 59.2 billion in 2024. It is expected to grow at a moderate CAGR of 6.5% from 2024 to 2034, reaching a market value of USD 111 billion by the end of the forecast period. The Rolling Stock Management Market is experiencing significant growth, …
EV Charging Panelboard Market Accelerates with Rising Demand for Electric Vehicle Infrastructure
The global EV Charging Panelboard Market was valued at USD 5.2 billion in 2023. From 2024 to 2034, demand for EV charging panelboards is expected to grow at a CAGR of 17.2%. The market value is forecasted to increase from USD 6.0 billion in 2024 to USD 29.3 billion by 2034. The individual consumers segment …
Polyolefin Pipe Market Set to Expand as Demand for Durable, Cost-Effective Solutions Grows
The polyolefin pipe market is projected to reach a value of USD 22.3 billion in 2024 and is expected to grow at a CAGR of 5.9% from 2024 to 2034. By the end of the forecast period, the market is anticipated to reach USD 39.5 billion. The Polyolefin Pipe Market is experiencing robust growth, driven …
Light Electric Vehicle Market Accelerates as Eco-Friendly Transportation Solutions Gain Popularity
The light electric vehicle market is forecasted to grow at a CAGR of 10.6% throughout the projected period. The market value is expected to rise from USD 98.2 billion in 2024 to USD 268.0 billion by 2034. The Light Electric Vehicle (LEV) Market is experiencing a significant surge, driven by the growing demand for sustainable …
Heat Shield Market Set for Steady Growth as Demand for Thermal Protection in Automotive and Aerospace Industries Increases
The heat shield market is projected to be valued at USD 5.0 billion in 2024 and is expected to grow at a CAGR of 5.9% over the forecast period. By 2034, the market is anticipated to reach USD 8.9 billion. The global heat shield market is poised for steady growth, driven by the rising demand …