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Showing posts from March, 2022

Automotive Lighting Market Size, Share, Growth Trends, and Forecast Analysis to 2031

  According to ESOMAR-certified Future Market Insights (FMI),  automotive lighting  sales have been increasing significantly in response to the growing demand for better safety systems across the globe. As per the study, the global automotive lighting market is anticipated to grow at around 6.3% CAGR through the forecast period from 2021 to 2031. The automotive lighting market is expected to reach a valuation of  US$34.7 Billion  in 2021. According to Future Market Insights (FMI), the overall automotive lighting market is expected to grow at a CAGR of  6.3%  for 2021- 2031. The global sales of automotive lighting are anticipated to surpass  1.813 million units  in 2021. FMI presents a positive growth outlook for the market. In terms of volume, the automotive lighting market is predicted to expand at  5.2%  CAGR over the course of the assessment period. Rising demand for automation in vehicles for improved safety and high performance is encouraging original equipment manufacturers (OEMs

Ship Repair and Maintenance Services Market Size, Key Players, Growth Factors, Regions and Applications, Industry Forecast by 2031

  Ship repair and maintenance services market  is set to be valued at  US$ 44.3 Bn , expanding at  6.5% CAGR  through 2031, according to latest research conducted by Future Market Insights (FMI). As per Future Market Insight (FMI), the ship repair and maintenance services market is expected register year-on-year (YoY) growth of  5.9% , reaching  US$ 23.6 Bn  in 2021. Request a Sample of this Report @   https://www.futuremarketinsights.com/reports/sample/rep-gb-5645 Continuous rise in shipbuilding activities and increasing spending in research activities for the expansion of wireless seaborne trade is expected to create growth opportunities during the forecast period. Demand for ship repair and maintenance services is surging owing to the growing usage of ships for diverse purposes. Governments in many countries are taking initiatives to strengthen the maritime industry. Based on these factors, the market is anticipated to create incremental opportunities for the ship repair and mainten

Retread Tire Market Key Players, Industry Overview, Applications and Analysis 2031

  As per a study by Future Market Insights (FMI), the global  retread tire  sales is estimated to be valued at ~US$ 8.8 Bn in 2021. The increase in average miles driven and growing vehicles parc will drive the tire aftermarket, subsequently fuelling the demand for retreading tires. Despite negative perceptions around retread tires, they continue remain a highly popular category within automotive aftermarket. Increasing focus on sustainable ways of maintaining cars and curbing vehicular pollution and automotive waste will bode well for the market. Besides this, economical pricing of retread tires have made them a top choice among a large section of vehicle owners. Request a Sample of this Report @   https://www.futuremarketinsights.com/reports/sample/rep-gb-3657 According to the report, increasing automobile ownership will remain a chief driver. Besides this the demand for heavy commercial vehicle is expected to rise in response to the expansion of various industries, which will continu

Hybrid Vehicles Market Size, Share, Growth Trends, and Forecast Analysis to 2026

  FMI delivers key insights on the global hybrid vehicles market in its latest report titled, ‘ Hybrid Vehicles Market: Global Industry Analysis and Opportunity Assessment 2016-2026 .’ The long-term outlook of the global hybrid vehicles market remains positive, with market value expected to increase at a CAGR of 20.4% during the forecast period (2016-2026). Among the product types, the hybrid electric vehicles segment is expected to expand at a significant CAGR in terms of value over the forecast period. The global hybrid vehicles market for passenger cars is estimated to be valued at US$ 54.7 Bn by the end of 2016. Japan is estimated to account for a value share of 48.1% in the global hybrid vehicles market by 2016 end, and it is anticipated to retain its dominance throughout the forecast period. In this report, FMI throws light on the drivers and restraints likely to impact the global hybrid vehicles market during this period. Request a Sample of this Report @   https://www.futuremar

Automotive Lead Acid Battery Market Emerging Growth Analysis, Future Demand and Business Opportunities 2031

  The global  automotive lead acid battery  sales is projected to increasing, enabling the market’s valuation to reach US$ 36.2 Bn in 2031, according to the latest research by Future Market Insights (FMI). The report estimates the market to expand at a steady CAGR of over 3% through the course of 2021-2031. Flooded batteries, followed by enhanced flooded batteries are most sought-after lead acid batteries. Flooded batteries are expected to account for over half of sales registered in the market. The use of lead batteries for starting, lighting and ignition (SLI) application is increasing around the world. Easy availability of lead acid batteries and their economical pricing as compared to other battery types will continue enabling growth in the market over the coming decade. Request a Sample of this Report @  https://www.futuremarketinsights.com/reports/sample/rep-gb-1482 Despite advent of various advanced technologies, which threaten replacement, lead acid batteries sales will continu