The global automotive wiring harness market is expected to reach a staggering value of US$ 119.31 billion by 2033, according to Future Market Insight. This projection reflects a CAGR of 8%, highlighting substantial growth compared to the projected value of…
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According to FMI’s study of the global EV power module market demand, the industries are anticipated to expand at a healthy CAGR of 24% on average. Consequently, by the end of the forecast period, the EV module market share’s entire…
According to ESOMAR-certified Future Market Insights’ (FMI) – By the end of the year 2033, the overall valuation of the global EV charger market is expected to be around US$ 68,967.2 million. This year, it is expected to be US$…
The total value of electric commercial vehicle MRO market in the previous year 2022 is figured at around US$ 513.9 million. During the projection period, the FMI report predicts that the overall market would develop at an amazing pace of…
Over the forecast period of 2022-2032, the automotive actuator market is expected to grow at a CAGR of 6.6% to reach a valuation of US$ 25.4 Billion by 2032. Automotive actuators are a crucial component of electronic control systems in vehicles as…
The global park assist system market is projected to reach a valuation of US$ 595.6 Million in 2022. Demand is forecast to increase at a 14.3% CAGR during the forecast period, reaching US$ 2.2 Billion by 2032. Park assist system, which is also known…
The locomotive traction transformer market is expected to grow at a CAGR of 4.4% from 2023 to 2033. The market is projected to reach a valuation of US$ 737.7 Million by 2033, from the current valuation of US$ 479.6 Million…
In 2018, the global EV charging station market had sales of US$ 3.8 billion. In 2022, the market expanded by 52.4% year over year. In 2023, it’s projected to generate US$ 22.9 billion in sales. The market for EV charging…
The global lightweight compact wheel loader market in 2022 was US$ 12.2 billion and is estimated to be US$ 13.53 billion in 2023. Future Market Insights has mentioned in its reports that the lightweight compact wheel loader market will expand at a CAGR…
The off-highway electric vehicle market size could be worth US$ 2.24 billion globally in 2023. Sales of off-highway electric vehicles are projected to reach a record high of US$ 8.36 Billion by 2033, rising at a CAGR of 14.1% from 2023 to 2033. Electric vehicles that…