The global power liftgate market is slated to increase at a sturdy CAGR of 8% amid the projected period 2020-2039. The market growth can be majorly attributed to surging sales of luxury vehicles. Market players have made investments in recent years on…
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According to Future Market Insights (FMI), the global two wheeler suspension system market is slated to expand at a CAGR of 4.4% in the forecast period, 2020 to 2030. Rising traffic congestion problems owing to growing car ownership has prompted vehicle owners…
The automotive wheel bearing aftermarket is growing steadily with the rise in production of higher load carrying commercial vehicles, high performance vehicles, and others. Maintenance of wheel bearings is important to maintain smooth wheel functioning and free rotation of the wheel…
Future Market Insights (FMI) projects that the global railway bearings market will grow in value at a CAGR of 5.7% between 2020 and 2030. According to the study, as governments invest significantly to improve railway infrastructure, demand for locomotive components,…
The automotive glass market is likely to surpass US$ 16.8 billion through 2030, according to a new research study by Future Market Insights. According to the study, high strength and lower price structure drives the adoption rate of the automotive glass…
Future Market Insights (FMI), in its recent research report on the bicycle chain market, opines that the market will grow at a steady CAGR of 4.6% over the assessment period of 2020-2030. According to the study, demand for bicycle chains will…
According to Future Market Insights, the automotive exterior trim parts market is expected to be valued at US$ 30.3 Bn by 2030-end. The need for light-weight materials has radically transformed automotive exterior trim parts manufacturing, with the introduction of light plastics. These have…
The global ADAS sensors market is poised to record a double-digit growth from 2020-2030, according to Future Market Insights’ recent publication. The advent of automation has brought about paradigm shifts in driving technologies since the recent past. The advent of autonomous…
The global market for railway fishplate (US) or rail joint (UK), is anticipated to witness noteworthy growth in 2019, and reach a market value of around US$ 4,000 million, while registering a Y-o-Y growth rate of over 3%. Additionally, the…
Automotive in-wheel motors have recorded a remarkable surge in sales in recent years, influenced by multiple factors ranging from greater driving range per charge to elimination of components such as driving and differential shafts. According to a study of Future…