The estimated size of the tire cord market for the year 2023 amounts to approximately US$ 5.75 billion. With a projected compound annual growth rate (CAGR) of 5.5%, the market is expected to attain a value of US$ 9.82 billion by the year 2033. The global tire cord market is a critical segment within the broader automotive industry. Tire cords […]
The low voltage motors market is projected to experience a robust compound annual growth rate (CAGR) of 6.8% from 2023 to 2033. Currently, the global market for low voltage motors is valued at US$ 41.20 billion, and it is anticipated to reach a valuation of US$ 79.55 billion by 2033. The global low voltage motors market is witnessing a robust […]
The automotive infotainment market is projected to exhibit a significant growth trajectory, with a valuation of US$7.2 billion in 2021 and an anticipated value of US$7.9 billion in 2022. Over the period of assessment from 2022 to 2032, the market is expected to experience a robust demand surge, with a value compound annual growth rate (CAGR) of 9.7%. This growth […]
The automotive paint robots market is expected to experience significant growth, with a compound annual growth rate (CAGR) of 9.2% in terms of value during the forecast period. The market is primarily dominated by established companies, particularly the top 5 players: Durr AG, ABB Ltd., FANUC CORPORATION, KUKA Roboter GmbH, and Yaskawa Electric Corporation. These Tier 1 players are projected […]
The toy drone market is projected to attain a valuation of US$ 417 million by the year 2023, with an anticipated compound annual growth rate (CAGR) of 8.6% leading to a substantial increase to US$ 951.5 million by the conclusion of 2033. The toy drone market has witnessed unprecedented growth in recent years, carving a niche in the expansive landscape […]
The global automotive curtain airbags market recorded a valuation of US$ 206.8 million in 2022. Furthermore, it is projected to witness a steady growth rate, with a compound annual growth rate (CAGR) of 5.6%, resulting in a market value of US$ 358.4 million by the year 2032. The automotive industry is currently experiencing a notable upswing in demand for curtain […]
As per a new report published by Fact.MR – a market research and competitive intelligence provider, the global body worn insect repellent market is anticipated to exceed a valuation of US$ 430 Mn by 2021, and expand at an impressive CAGR of close to 8% over the forecast period of 2021 to 2031. The market has been growing at a higher pace registering annual […]
All end-use industries have seen tremendous expansion in wireless technology. Due to the tremendous potential for revenue generation presented by the automotive industry, manufacturers of wireless chargers have shifted their attention there. Due to the always-expanding automobile industry, manufacturing businesses will continue to see an increase in sales of automotive wireless chargers. Due to disruptive products from new entrants and […]
This Automotive Brake Actuator market research report examines the industry in both developed and emerging markets, both today and in the future. The Automotive Brake Actuator market study assists in realigning corporate strategy by highlighting company goals. It gives information on the market and industry segment expected to dominate. It anticipated which locations will expand the fastest. This Automotive Brake […]
The electric vehicle drive motor market refers to the segment of the automotive industry that deals with the production, marketing, and distribution of electric motors used in electric vehicles (EVs). The electric motor is one of the critical components of an EV, as it is responsible for converting electrical energy into mechanical energy to propel the vehicle. The market for […]