Over the forecast period of 2022 to 2032, the tire pressure monitoring system market is expected to grow at a CAGR of 10.3% to reach a value of US$ 7.7 Billion by 2032. Commercial vehicles are heavier and despite being well-equipped with…
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The automotive performance tuning and engine remapping services market is forecast to grow at a CAGR of 6.3% during forecast period. Automotive performance tuning and engine remapping services market is driven by the increasing focus on customization of vehicles. The increasing trend…
The China Driver Monitoring System Market is expected to grow at a CAGR of 12.4% and will create an absolute dollar opportunity worth US$ 445.3 Million. By the end of 2022, it is projected that China will have produced 33…
As per the report published by FMI, the global e-rickshaw market is projected to have a rapid-paced CAGR of 31.8% during the forecast period. The current valuation of the market is US$ 1.71 Billion in 2022. The market value of…
The global ambulance power inverter market is set to witness an impressive growth rate of 5.5% from 2022 to 2032. The ambulance power inverter market size is anticipated to reach a valuation of around US$ 112.17 Billion by the end of…
The global vehicle electrification market share is growing at a CAGR of 10.3% during the forecast period. The vehicle electrification market is expected to grow significantly in the coming years as a result of the preference for electrified vehicles among…
It is expected that the commercial vehicle automotive thermal system market may increase from US$ 16.62 billion in 2023 to around US$ 25.40 billion by 2033, at a CAGR of 4.33%. In a commercial vehicle, the automotive temperature control system…
The railway traction motor market is predicted to grow at a CAGR of 4.5% over the forecast period, according to FMI’s analysis. The industry’s value is anticipated to increase from US$ 35,128 Million in 2023 to US$ 54,554 Million by…
According to Future Market Insights (FMI), the automotive brake valve market is poised to reach US$ 12,109 Million by the end of 2032. The automotive brake valve market is projected to exhibit a CAGR of 5.9% over the forecast period…
The global automotive brake friction products market is expected to create lucrative growth opportunities with an opulent CAGR of 4.8% during the forecast period from 2022 to 2032. The market was valued at around US$ 10.4 Billion in 2022 and…