Automotive Control Cable Industry In 2022, the global automotive control cable industry was valued at USD 2.5 billion and is projected to reach US$ 3.6 billion in 2023. According to Future Market Insights, the market is expected to grow at a CAGR of 7.37% from 2023 to 2033, reaching approximately USD 7.33 billion by 2033. The launch of new vehicle models and the …
Category Archives: Research Insights
The Boat Trailers Industry is expected to reach a valuation of USD 1,590 million by 2033, registering a CAGR of 4.5%, according to FMI Reports
Boat Trailers Industry In 2022, the global boat trailers industry reached a consensus value of USD 978.7 million and is projected to be approximately USD 1,023.9 million in 2023. The market is anticipated to grow at a modest CAGR of 4.5% from 2023 to 2033, potentially reaching USD 1,590 million by 2033. Boat trailers offer several unique selling points (USPs), such as customization options, various …
The Automotive Light Bars Industry is projected to reach a valuation of USD 69 billion by 2033, growing at a CAGR of 6.4%, according to FMI Reports
Automotive Light Bars Industry In 2022, the global automotive light bars industry was valued at USD 33.8 billion and is projected to reach US$ 37.1 billion in 2023. According to Future Market Insights, the market is expected to grow at a CAGR of 6.4% from 2023 to 2033, reaching approximately USD 69 billion by 2033. Light commercial vehicles (LCVs) are predicted to account …
The Portable Wheel Jack Industry is anticipated to reach USD 70.33 billion by 2033, exhibiting a CAGR of 8.7%, according to FMI Reports
Portable Wheel Jack Industry The global portable wheel jack industry in 2022 was USD 28.12 billion and is estimated to be USD 30.53 billion in 2023. Future Market Insights has mentioned in its reports that the portable wheel jack market will expand at a CAGR of 8.7% between 2023 and 2033, totaling around USD 70.33 billion by 2033. The growth in the adoption of hydraulic …
The Automotive Load Floor Industry is anticipated to reach USD 3.2 billion by 2033, recording a CAGR of 7.17%, according to FMI Reports
Automotive Load Floor Industry The Automotive Load Floor Industry is projected to reach a valuation of USD 1.6 billion in 2023. According to Future Market Insights (FMI), the market is expected to grow at a CAGR of 7.17% from 2023 to 2033, reaching approximately USD 3.2 billion by 2033. The manufacturing of automotive load floors is focused on enhancing product quality by reducing …
Low Rolling Resistance Tire Industry Poised to Reach USD 55.6 Billion by 2034, Expanding at an 11.4% CAGR | FMI Reports
Low Rolling Resistance Tire Industry The global low rolling resistance tire industry is expected to reach USD 20.5 billion in 2024, with a projected year-on-year growth of 11.4%. Over the assessment period, the market is anticipated to grow at a CAGR of 11.7%, reaching a valuation of USD 55.6 billion by 2034. As both consumers …
Automotive Active Purge Pump Industry Anticipated to Reach USD 230 Million by 2033, Growing at a 10.9% CAGR | FMI Reports
Automotive Active Purge Pump Industry The automotive active purge pump industry is projected to grow from USD 82.01 million in 2023 to USD 230 million by 2033, reflecting a compound annual growth rate (CAGR) of 10.9% during this period. Key Drivers of Growth: Stringent Global Emission Standards: The implementation of rigorous emission regulations is driving the demand …
Automotive Lighting Industry Expected to Hit USD 69 Billion by 2033, Expanding at a 6.4% CAGR | FMI Reports
Automotive Lighting Industry The global automotive lighting industry is expected to reach a valuation of USD 37.1 billion in 2023 and is projected to grow to USD 69 billion by 2033, reflecting a compound annual growth rate (CAGR) of 6.4% during the forecast period. This Industry includes the manufacturing, distribution, and installation of lighting systems for various …
Automotive In-Wheel Motors Industry Forecast: Estimated to Reach USD 17.457 Billion by 2033, Growing at a 19.5% CAGR | FMI Reports
Automotive In-Wheel Motors Industry The automotive in-wheel motor industry is poised for significant growth, projected to reach an impressive USD 17.457 billion by 2033, reflecting a robust compound annual growth rate (CAGR) of 19.5%. This surge is driven by the rising demand for innovative electric vehicle technologies. In-wheel motors, which integrate the motor directly into the wheel …
Automotive Door Hinges Industry Outlook: Projected to Reach USD 7.9 Billion by 2033, Expanding at a 5.5% CAGR | FMI Reports
Automotive Door Hinges Industry The global automotive door hinges industry is anticipated to reach a valuation of USD 4.6 billion in 2023 and is projected to grow to USD 7.9 billion by 2033, reflecting a compound annual growth rate (CAGR) of 5.5% during the forecast period. Several factors are fueling the demand for automotive door …