Over the forecast period of 2022-2032, the automotive actuator market is expected to grow at a CAGR of 6.6% to reach a valuation of US$ 25.4 Billion by 2032. Automotive actuators are a crucial component of electronic control systems in vehicles as…
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The global park assist system market is projected to reach a valuation of US$ 595.6 Million in 2022. Demand is forecast to increase at a 14.3% CAGR during the forecast period, reaching US$ 2.2 Billion by 2032. Park assist system, which is also known…
The locomotive traction transformer market is expected to grow at a CAGR of 4.4% from 2023 to 2033. The market is projected to reach a valuation of US$ 737.7 Million by 2033, from the current valuation of US$ 479.6 Million…
In 2018, the global EV charging station market had sales of US$ 3.8 billion. In 2022, the market expanded by 52.4% year over year. In 2023, it’s projected to generate US$ 22.9 billion in sales. The market for EV charging…
The global lightweight compact wheel loader market in 2022 was US$ 12.2 billion and is estimated to be US$ 13.53 billion in 2023. Future Market Insights has mentioned in its reports that the lightweight compact wheel loader market will expand at a CAGR…
The off-highway electric vehicle market size could be worth US$ 2.24 billion globally in 2023. Sales of off-highway electric vehicles are projected to reach a record high of US$ 8.36 Billion by 2033, rising at a CAGR of 14.1% from 2023 to 2033. Electric vehicles that…
The global Used EV Market is estimated to be worth approximately US$ 17,890.5 million in the current year, with a projected CAGR of 8.4% over the forecast period. According to the latest analysis of the global used EV market, it is expected that the…
The global automotive door latch market is likely to expand at a CAGR of 4% through 2033. The market is expected to reach a value of US$ 9.3 Billion by 2033, from US$ 6.0 billion in 2023. The automotive door latch market refers to the sector within…
The automotive sunroof market is likely to hold a valuation of US$ 21.09 Billion by 2033. As of 2023, the market value is US$ 7.42 billion. As the automobile industry grows, the automotive sunroof market is expected to expand at a CAGR of 11% from 2023…
The automotive window regulator market will be worth more than US$ 21.2 Billion by 2031. During the projection period, a strong 4.5% CAGR is predicted during forecast period. Increasing shifts of global automobile manufacturers toward imparting a number of automated features into vehicles has led to…