The global connecting rods market is projected to expand at a 4.7% CAGR during the forecast period, reaching US$ 11.7 Bn by 2032. Increasing vehicle production over the years due to the growing demand for electric vehicles will augment demand for connecting rods in the forthcoming years….
The compact e-scooter market share accounted for about US$ 626.8 Million in 2022 and is anticipated to reach US$ 806.3 by 2032, advancing at a CAGR of 2.6% during the forecast period (2022-2032). As traffic congestion worsens in and around major cities, commuters…
Over the forecast period of 2022-2032, the driver monitoring system market is expected to grow at a CAGR of 7.5% to reach a valuation of US$ 8,770.9 Mn by 2032. The driver monitoring system market will gain from the surging demand implementation…
The global adaptive cruise control market is projected to expand at 12.7% CAGR during the forecast period between 2022 and 2032, as per Future Market Insights (FMI). Adaptive cruise control (ACC) is a system designed to control the acceleration and braking of…
The Automated Material Handling Systems Market Size is anticipated to increase at a CAGR of 9.4% over the anticipated time range. The demand for automated material handling equipment is expected to rise from US$ 28.8 Billion in 2022 to US$…
In 2021, the automotive composites market share was estimated to be worth US$ 8.17 billion, and it is anticipated to grow to US$ 12.35 billion by 2029, exhibiting a CAGR of more than 5.30% throughout that time (2022-2029). Sales of…
According to ESOMAR-certified Future Market Insights’ (FMI), the spark plug market is expected to grow favourably, with an estimated US$ 4.0 Bn in global sales in 2023. Between 2023 and 2033, the market’s value is anticipated to rise at a…
According to Future Market Insights’ (FMI) projection, the worldwide X-by-wire market would expand at a 16.0% CAGR in value during the forecast period. The value of the global X-by-Wire market is anticipated to be US$ 39 billion in 2022 and…
Increasing urbanization and inclination towards the environment friendly options are key factors driving market of golf cart. As per a Future Market Insights (FMI) analysis, It is estimated that the golf cart market would grow from US$ 1.34 billion in…
ESOMAR-certified consulting firm Future Market Insights (FMI) has recently published a report on the global APAC automotive telematics market size. According to the report, the market is expected to post impressive gains, expanding at a CAGR of over 15.6% throughout…