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$…
As per Future Market Insights (FMI), the Europe automotive tire market value is projected to rise from US$ 68.4 billion in 2023 to US$ 108.7 billion by 2033. Sales of automotive tires across Europe are likely to soar at 4.8%…
The global automotive performance tuning and engine remapping services market is estimated to attain a valuation of US$ 586.22 million in 2023. The market is expected to reach US$ 1,100 Million by 2033, rising at a CAGR of 6.4%. The market growth is expected to…
The railway bearing market may grow at a CAGR of 9.00% from 2023 to 2033, from a value of US$ 1.32 billion in 2023 to US$ 3.12 Billion by 2033. Governmental Authorities Have Made Substantial Expenditures in the Construction of Rail Infrastructure: Governments both in developing…
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…