Escalating sales of commercial vehicles are identified to remain among the key factor bolstering sales of automotive hardware at a global level. The global automotive hardware market is projected to reach a market value in excess of US$ 100 Bn by 2029…
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The global automotive performance parts market is primarily driven by consumers’ desire to improve their vehicle’s performance in terms of exhaust, speed, and cosmetic factors, among other things. As per ESOMAR-certified consulting firm Future Market Insights (FMI), the global automotive performance parts…
The global automated people mover market is projected to grow at a value CAGR of 5.8%, to reach a valuation of over US$ 4.3 Bn by 2032. Rising demand for transit solutions at airports will fuel sales in the market….
Electrification and autonomous mobility have the potential to be game changers for advanced driver assistance systems (ADAS) sensors market, according to a new study by Future Market Insights (FMI). The amalgamation of the two is set to fuel an astounding 14.1%…
The global lightweight compact wheel loader market is estimated to expand at a sluggish pace, reaching the valuation of US$ 2.03 Bn in 2030. Lightweight compact wheel loaders are emerging as preferred equipment on job sites for many projects, a regular-sized wheel…
Nowadays, automotive engines require excessively large oil flow, especially at low engine speed, since conventional unregulated pumps lead to substantial losses at higher speed, as the pump’s output depends on engine speed. For effective automotive piston cooling and lubrication, automotive variable…
Two wheeler batteries are installed in both, IC engine-propelled as well as in electric two wheelers, to operate the electric parts of the vehicle. In electric two wheelers, batteries are used to power the engine and transmission of the vehicle….
Passenger traffic in the aircraft industry continues to register growth rates above historical averages, supported by the reduced price of travel and increasing middle-class population in developing markets. This rise is playing a crucial role in driving the growth of…
Over the forecast period of 2022-2032, the advance driver assistance system market is expected to grow at a CAGR of 9.6% to reach a valuation of US$ 131,069.1 Mn by 2032. Almost all vehicles accidents are caused by human error,…
The global electric vehicle sensor market is anticipated to expand at a CAGR of 16.6%, reaching a valuation of more than US$ 37.1 Bn by 2032. Key factors driving demand for EV sensors include rising global electric vehicle production, the…