As per ESOMAR-certified consulting firm Future Market Insights’ (FMI’s) recent market analysis, growth is on the cards for the global automated guided vehicles (AGV) market. The report forecasts the market valuation to reach US$ 996 Mn in 2021, growing at an impressive 7.9% CAGR through…
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According to ESOMAR-certified Future Market Insights’ (FMI), demand for automotive tire is expected to rise considerably, enabling the automotive tire market to grow at 6.0% CAGR throughout the forecast period between 2021 and 2031. Newly released data by Future Market Insights predicts the global automotive…
Increasing use of advanced technology, such as sensors and traction control systems is boding well for the growth of the global automotive steering system market. However, according to an FMI study, the COVID-19 pandemic continues to obstruct automotive production activities, worldwide,…
A new report by Future Market Insights presents interesting insights into the global conventional motorcycles and scooters market and traces the growth of the market over a 10 year forecast period 2017 – 2027. The report titled ‘Conventional Motorcycles and…
During the projection period, sales of electric bikes are anticipated to grow at a CAGR of 10%. The electric bike market is expected to grow from US$ 52.05 Bn in 2022 to US$ 122.1 Bn in 2032. The multiple benefits…
Automotive Interior Ambient Lighting System Market is Set to Experience Revolutionary Growth by 2030
Future Market Insights (FMI), in its recently published report, suggests that the sales of automotive interior ambient lighting systems reached ~2.7 million units in 2018, equating the revenues worth US$ 28 Bn. As fuel efficiency, low emission, and high performance can no…
The automotive engine valve market is valued at US$ 6.2 bn as on 2022. In 2021, it had a valuation of US$ 5.89 bn. The market is projected to grow at a CAGR of 2.3% during the forecast period. By…
According to Future Market Insights (FMI), the automotive brake valve market is poised to reach US$ 12,109 Mn by the end of 2032. The automotive brake valve market is projected to exhibit a CAGR of 5.9% over the forecast period…
The global market for automotive microcontrollers has been projected to exhibit a staggering 13.7% CAGR during 2017 to 2022, according to a latest research by Future Market Insights (FMI). The global automotive microcontrollers market is estimated to surpass US$ 1,500 Mn in…
The global demand for auto-ventilated seats is predicted to expand at a CAGR of 6.2% during the period of study by Future Market Insights. The global auto-ventilated seats market is expected to rise from $7.97 billion in 2022 to $14.5…