The global automotive body-in-white (BIW) industry is currently valued at USD 63.5 billion and is projected to grow to USD 89.4 billion by 2033, with a compound annual growth rate (CAGR) of 3.5% from 2023 to 2033. The market growth is driven by industrialization, globalization, and expanded supply…
Press Release
The cargo bike industry is evaluated at USD 7,921.5 million in 2024. The industry is expected to reach USD 27,182 million by 2034 with an emerging online buying experience. The global cargo bike market is projected to grow at 13.1%…
The electric kick scooter industry is anticipated to grow from USD 2,700.9 million in 2023 to USD 8,021.5 million by 2033, reflecting a compound annual growth rate (CAGR) of 11.5% over the forecast period. This growth is primarily driven by the increasing demand for eco-friendly transportation solutions, spurred…
The global electric cargo bike industry size is anticipated to reach USD 4,781 million in 2024. It is predicted to grow at a CAGR of 14.2% during the forecast period to reach a value of USD 18,052.7 million by 2034….
The global automotive tuner industry is projected to grow from USD 6.4 billion in 2023 to USD 12 billion by 2033, with a compound annual growth rate (CAGR) of 6.4% over the forecast period. This expansion is driven by the rising popularity of aftermarket automotive modifications, particularly among…
Automotive Wheel Bearing Aftermarket The automotive wheel bearing aftermarket is projected to be valued at USD 1,446.20 million in 2023 and is expected to grow to USD 2,147.80 million by 2033, registering a growth rate of 4% between 2023 and 2033. The primary driver of this growth is…
Railway Bearing Industry The railway bearing industry is poised for substantial growth, with projections indicating a significant increase to USD 3.12 billion by 2033, driven by a robust CAGR of 9.00%. Railway bearings are essential for ensuring smooth operations and safety within the rail industry,…
Automotive Glass Industry The automotive glass industry is expected to achieve a valuation of USD 19,674.3 million for 2024 and is projected to grow to USD 34,521.1 million by 2034, with a CAGR of 5.7% during the forecast period. The prices of…
Bicycle Chain Industry The global bicycle chain industry is projected to reach USD 12,802.54 million by 2034, up from USD 7,763.89 million in 2024, reflecting a steady CAGR of 5.13% throughout this period. The rising focus on health and fitness has increased the popularity of cycling as an…
Automotive Exterior Trim Parts Industry In 2022, the global automotive exterior trim parts industry was valued at USD 21.03 billion and is projected to reach USD 42.5 billion in 2023. Future Market Insights estimates that the market will grow at a CAGR of 4.0% from 2023 to 2033,…