Construction Equipment Market to Witness Healthy Growth by 2026

Construction Equipment Market

The Construction Equipment Market is projected to reach USD 250.4 Billion by 2026 from USD 208.3 Billion in 2021, at a CAGR of 3.8% during the forecast period. Asia is estimated to dominate the construction equipment market with a share of 59.0% in 2021. With …

Fluid Transfer System Market Projected to reach $ 24.7 billion by 2025

Fluid Transfer System Market

The Fluid Transfer System Market is projected to grow to USD 24.7 billion by 2025 from USD 17.8 billion in 2020, at a CAGR of 6.7% during the forecast period. The demand for fluid transfer system is primarly driven by stringent emission norms, coupled with increasing adoption …

Electric Motor Market will Hit Big Revenues in Near Future

The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period. Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East …

Automotive Data Logger Market Likely to reach $4.4 billion by 2025

Automotive Data Logger Market

The automotive data logger market is projected to grow at a CAGR of 7.0% during the forecast period, from USD 3.1 billion in 2020 to USD 4.4 billion by 2025. The key growth drivers of this market are the higher penetration of advanced electronic components …

Electric Scooter Market worth 5,948 thousand units by 2027, at a CAGR of 31.8%

Electric Scooter Market

The global Electric Scooter Market size is projected to reach 5,948 thousand units by 2027, from an estimated 861 thousand units in 2020, at a CAGR of 31.8%. The base year for the report is 2019, and the forecast period is from 2020 to 2027. …

Automotive Shielding Market Projected to reach $4.7 billion by 2025

Automotive Shielding Market

The global Automotive Shielding Market size is projected to reach USD 24.7 billion by 2025 from USD 20.2 billion in 2020, at a CAGR of 4.1%. The growth of the market is driven by increased adoption of electronics-based safety systems and the growing demand for fuel-efficient vehicles. …

What are the Upcoming Trends in the Automotive Fuel Tank Market?

MnM

The Automotive Fuel Tank Market is projected to grow at a CAGR of 5.1% during the forecast period, to reach USD 21.3 billion by 2026. The rise in the production of passenger and commercial vehicles, increasing emission norms and regulations pertaining to lightweight vehicles, and …

Electric Scooter and Motorcycle Market Projected to grow 5,948 thousand units by 2027

Electric Scooter and Motorcycle Market

The global Electric Scooter and Motorcycle Market size is projected to reach 5,948 thousand units by 2027, from an estimated 861 thousand units in 2020, at a CAGR of 31.8%. The base year for the report is 2019, and the forecast period is from 2020 to 2027. …

Baggage Handling System Market Projected to reach $10.3 billion by 2025

Baggage Handling System Market

The report “Baggage Handling System Market by Mode (Airport, Marine, Rail), Solution (Check-In, Screening & Load, Conveying & Sorting, Unload & Reclaim), Check-In (Assisted, Self), Conveying (Conveyor, DCV), Tracking (Barcode, RFID), Region – Global Forecast to 2025″ The global baggage handling system market is projected to reach USD …

Acoustic Vehicle Alerting System Market Projected to reach $5,619 million by 2027

Acoustic Vehicle Alerting System Market

The Acoustic Vehicle Alerting System Market is projected to reach USD 5,619 million by 2027 from an estimated USD 425 million in 2019 considering the installation of AVAS in passenger car and commercial vehicle, at a CAGR of 38.1% during the forecast period. Increasing emphasis …

Trailer Assist System Market Estimated to reach $182 million by 2027

Trailer Assist System Market

The report “Trailer Assist System Market by Technology (Semi-Autonomous (L3), Autonomous (L4, L5)), Component (Camera/Sensor, Software Module), Vehicle (Passenger Cars, LCV, and Trucks), User (OEM Fitted & Aftermarket), and Region – Global Forecast to 2027″, The global trailer assist system market is projected to grow from USD …

Increased Demand for Permanents Magnets from Automotive Industry is Expected to Drive the Market

Permanent Magnet Market, Permanent Magnet Industry, COVID 19 impact on Permanent Magnet Market, neodymium iron boron magnets market, ferrite magnets market, samarium cobalt magnets market, alnico magnets market, ferromagnetic material market

Permanent magnets are the type of magnets that retain their magnetic strength even after the removal of the external magnetizing force. Permanent magnets are mainly categorized into neodymium iron boron magnets, ferrite magnets, samarium cobalt magnets, alnico magnets, and others (which include flexible magnets, injection-molded …

Automotive Turbochargers: Enormous Opportunity with Market Diversification

Automotive Turbocharger Market

The Automotive Turbocharger Market is projected to reach $19.2 billion by 2026 from$11.8 billion in 2021, at a CAGR of 10.2% during the forecast period. Stringent emission norms and increasing adoption of TGDI (Turbocharged Gasoline Direct Injection) technology will drive the automotive turbocharger market. Key …

Automotive Steering System Market Witness to reach $36.9 billion by 2025

Automotive Steering System Market

The global Automotive Steering System Market is projected to reach USD 36.9 billion by 2025 from USD 29.3 billion in 2020, at a CAGR of 4.7%. However, the halt in vehicle production across the region has impacted the automotive steering system market. Despite this, owing to an …