Global boat hook sales reached USD 1,488.8 million in 2023, with the sector anticipated to experience a year-on-year growth of 5.4%, bringing the value to USD 1,569.1 million by 2024. Demand is expected to increase at a CAGR of 5.8% from 2024 to 2034, with the market likely to reach USD 2,753.6 million by 2034. The global …
Category Archives: Research Insights
Automotive Natural Gas Vehicle Industry Expected to Grow at a 7% CAGR Through 2032 | FMI Reports
The automotive natural gas vehicle (NGV) industry, while experiencing sales growth in recent years, remains in its early development stages. This market consists of vehicles powered by either compressed natural gas (CNG) or liquefied natural gas (LNG) and is expected to grow at a compound annual growth rate (CAGR) of 7% from 2022 to 2032. Industry …
Personal Watercraft Industry Projected to Reach USD 4.82 Billion by 2032, Growing at a 6% CAGR | FMI Reports
The global personal watercraft industry is projected to expand at a strong CAGR of 6%, reaching a substantial value by 2032, with an estimated market worth of USD 4.82 billion. The market is expected to maintain steady growth throughout the forecast period, driven in part by the increased use of PWCs by marine and water police forces. …
Automotive Cowl Screen Industry Expected to Reach USD 713.6 Million by 2032, Growing at an 8.2% CAGR | FMI Reports
The global automotive cowl screen industry is expected to reach USD 451.9 million in 2022 and is projected to grow at a steady CAGR of 8.2% from 2022 to 2032. According to a report by FMI, the market value is forecasted to reach around USD 713.6 million by 2032. The rising demand for automotive cowl screens is …
Convertible Roof Control Unit Industry Expected to Reach USD 781.8 Million by 2034, Growing at a 10.4% CAGR | FMI Reports
Convertible Roof Control Unit Industry The global convertible roof control unit industry is projected to reach USD 781.8 million by 2034, up from an estimated USD 290.7 million in 2024. The industry is expected to grow at a steady CAGR of 10.4% throughout the forecast period from 2024 to 2034. To enhance the performance of control systems …
Used Bike Marketplace Sales Expected to Reach USD 68 Billion by 2032, Growing at a 4.6% CAGR | FMI Insights
The sales of used bikes through bike marketplaces are expected to witness steady growth, with an average Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period. This growth is driven by increasing awareness of bike marketplace platforms, leading to a significant rise in sales from USD 43 billion in 2022 to USD 68 billion by …
Waterproof E-Scooter Industry Anticipated to Reach USD 8.3 Billion by 2032, Expanding at a 5% CAGR | FMI Insights
The waterproof e-scooter industry is projected to grow at a 5% CAGR, with its value rising from USD 5.1 billion in 2022 to USD 8.3 billion in the coming years. According to FMI research, over 71% of e-scooter models now have water resistance features, up from just 40% in 2021, leading to a boost in sales. This …
Electric Vehicle Sensor Industry Set to Reach USD 49,392.50 Million by 2034, Expanding at an Impressive 16.5% CAGR | FMI Insights
The electric vehicle sensor industry is expected to reach a valuation of USD 10,725.11 million by 2024, with its growth closely tied to the increasing number of electric vehicles (EVs) on the road. As sustainability gains momentum, the EV sensor market is thriving alongside the growing electric vehicle sector. The industry is projected to grow at a …
Three-Wheel E-Scooter Industry Expected to Reach USD 1,361.4 Million by 2034, Growing at a 2.4% CAGR | FMI Insights
The global three-wheel e-scooter industry is expected to reach USD 1,074 million by 2024 and grow at a CAGR of 2.4%, reaching around USD 1,361.4 million by 2034. Three-wheel e-scooters are gaining popularity worldwide due to their user-friendly design and added stability from the extra wheel compared to traditional two-wheel models. These scooters offer greater balance, making …
Used E-Scooter Industry Projected to Reach USD 979.5 Million by 2034, Growing at a 3.2% CAGR | FMI Insights
According to a study by FMI, the used e-scooter industry was valued at USD 714.8 million in 2024 and is projected to grow to USD 979.5 million by 2034, with a compound annual growth rate (CAGR) of 3.2%. The shift towards electric vehicles, driven by environmental concerns, technological advancements, and cost-effective fuel solutions, is boosting sales of used e-scooters in new regions. …