According to Future Market Insights, the low rolling resistance tire market is forecast to grow exponentially through the forecast period at a compound annual growth rate (CAGR) at 11% between 2021 and 2031. The rise in global sales of the low…
Sales of automotive active purge pump is likely to set to witness a quantum leap at a CAGR of over 63% through 2026, as per the latest research study by FMI. Automotive active purge pump sales will continue to be…
Future Market Insights, an ESOMAR-certified market research firm, in its incisive market study on the global automotive coolant aftermarket opines a 4% CAGR through 2030. The development of advanced coolant solutions, with non-polluting properties and extended service life are helping in reduction…
The global lightweight compact wheel loader market is estimated to expand at a sluggish pace, reaching the valuation of US$ 2 Bn in 2030. Lightweight compact wheel loaders are emerging as preferred equipment on job sites for many projects, a regular-sized wheel…
FMI states in its recent study on the Automotive Variable Oil Pump Market that the market will record a CAGR of 3% during the forecasted years 2020-2030. Demand for automotive variable discharge oil pump is anticipated to continue surging particularly due to…
Consumers are favoring two wheelers to avoid traffic congestion and minimize commute time. FMI’s latest study on the global two wheeler lead acid batteries market projects the revenue pool of market to expand 1.8X through the forecast period (2019-2019). “Valve regulated lead…
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…
The global automotive aftermarket industry is expected to witness a shift towards proprietary channels and partnerships, via e-Commerce platforms in particular. The automotive aftermarket scenario indicates that, currently, around half of the revenue comes from wear and tear parts, which…
Primarily used in motorcycles, absorbent glass mat (AGM) batteries are gaining significant traction in the global market due to their properties such as swift recharge and high voltage capability. Motorcycles are experiencing a significant surge in demand in regions such…
Global automotive hardware market is growing at a moderate rate, owing to the escalating sales of commercial vehicles. It is projected to exceed the US$ 75 Bn mark by the end of 2020. Innovative application of plastic composites and eco-friendly bioplastics will…