Research Report

 The Global Commercial Helicopter Market was valued at US$ 5.9 Bn in 2021 and is expected to reach US$ 11.5 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, Light type of Commercial Helicopters will remain pivotal for the market as the bulk of revenue will be generated through this category. Light Helicopters to Continue being Growth Axis for Commercial Helicopters Revenue Light Helicopters of are used in police operations, geographical surveys, surveillance and other areas where heavy lifting is not necessary and space is limited. The lower costs and the ability to take off, land and stay parked in a smaller area will ensure their popularity remains. Technological improvements such as the use of electric power and hybridization to contribute to growth. The development of technology such as electric power will help reduce noise and operating costs. Developments in electric power for emergency mechanisms can i...

 The global Automotive Cast Iron Cylinder Head market was valued at US$ 5.9 Bn in 2021 and is expected to reach US$ 10.6 Bn by 2032 finds Future Market Insights (FMI) in a recent market survey. As per the findings, revenue through the Inline engine grew at a CAGR of 4.2% during 2017 - 2021. Inline engines are longer than other engines and possess less complexity in their design. Vehicles are preferred with the inline engine built with 3, 4, 5, and 6 cylinder variations. Notable motorcycles such as BMW S1000RR and MV Augusta F4 have cylinder heads with high-performance inline engines. China to grow at a 4.6% CAGR in Automotive Cast Iron Cylinder Head Market over the forecasted period. By 2032, Automotive Cast Iron Cylinder Market in China will be worth US$ 712.3 Mn . The automotive cast iron Cylinder head market achieved a growth rate of 3.6% during the period 2017-2021. International manufacturers have expanded their manufacturing facilities in China to meet the rising...

 The Global Dashboard Camera market was valued at US$ 2 Bn in 2021 and is expected to reach US$ 13 Bn by 2032 finds Future Market Insights (FMI) in a recent market survey. As per the findings, revenue through the basic Dashboard Camera Market grew at a CAGR of 19.8% during 2017-2021. Basic Dashboard Cameras are cheap and easy to install. Basic dash cams are notable for continuously recording video and looping over older material to make room for current footage. Basic dashboard cameras include removable storage, allowing more control over the video captured. Dashboard camera market in the U.K. to grow at 16.8% CAGR during 2022 – 2032 By 2032, the dashboard camera market in the U.K. will be worth US$ 522.1 Mn . From 2017 to 2021, revenue from dashboard cameras increased by 18.6% CAGR. Because insurers are recognizing footage as proof, more number of individuals are installing dashboard cameras to prevent road accidents. It is estimated that a quarter of the UK's 32.7 Mn ...

 The global Automotive Backing Plate Market was valued at US$ 590.6 Mn in 2021 and is expected to reach US$ 613.4 Mn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings, revenue through disc brakes grew at a CAGR of 3.4% during 2017 - 2021. Disc brakes are lighter than drum brakes and possess a greater cooling effect due to their sheer location. They are also paving their way into commercial vehicles due to their consistent performance and high speed. US to Dominate the Automotive Backing Plate Market throughout The Analysis Period The automotive backing plate market in the U.S. is valued at US$ 337.4 Mn by 2032. It witnessed a growth rate of 3.6% in 2017-2021 and is expected to achieve 4.2% CAGR during 2022-2032. Growth in automotive parts in the U.S. aftermarket is driving the market for automotive backing plate market. According to S&P Mobility, around 32 Million U.S. cars are more than 12 years old. This factor is expec...

 The global On street Vehicle Parking Meter Market was valued at US$ 590.7 Mn in 2021 and is expected to reach US$ 1.3 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, Single Space Parking Meters will remain pivotal for the market as the bulk of revenue will be generated through this category, with a forecasted CAGR of 7.2%. On-street parking is a popular choice when compared to off-street, owing to the lower setup costs, lower infrastructure requirements, ease of use for users, and traffic control opportunities. Single-space Parking meters to contribute the most to revenue Single-space Parking meters are the top type in the market due to their historic use and benefits like the provision of a visual reminder to pay, the fact that only on lot is affected when a meter is damaged, and the reduction of theft. Multi space kiosks and kiosks that allow remote payments are expected to witness growth as well/ How wi...

 Global Automotive Brake shims market was valued at US$ 540.8 Bn in 2021 and is expected to reach US$ 930.0 Mn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, revenue through rubber material grew at 3.8% during 2017-2021 and is expected to witness 4.8 % CAGR during the forecasted period of 2022-2032. Owing to its excellent properties of being heat resistant and high insulation for vibration and noise is driving the demand for rubber coated material in automotive brake shims. China to Dominate the Automotive Brake Shims Market in Asia-Pacific throughout the Analysis Period China is expected to account for 31% of the market share in global automotive brake shims by 2032. The expected market size in automotive brake shims is expected to reach US$ 64.6 Mn by 2032. China achieved a growth rate of 3.2% in automotive brake shims during 2017-2021 and is set to witness 4.5% during the forecast period. Market growth in C...

 The Global Automotive Embedded System Market was valued at US$ 4.5 Bn in 2021 and is expected to reach US$ 8.2 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, a key driver of the Automotive Embedded System Market's expected growth is the necessity to expand target functionality and customize core software for a wide range of automobiles. It is projected that revenue through the software segment in the automotive embedded system will grow at 5.2% CAGR during the forecast period. The increase in the number of software developers is predicted to reach over 250 thousand by 2030, reflecting the increased overall development effort in the coming decade. This represents an enormous market potential for the software segment in the automotive embedded system market. The United States to Remain the Largest User of Automotive Embedded Systems Throughout the Analysis Period From 2022 to 2032, the Automobile Embedded Sys...

 The Global Automotive Composite Leaf Spring Market was valued at US$ 71.6 Mn in 2021 and is expected to reach US$ 138 Mn by 2032, finds Future Market Insights (FMI) in a recent market survey. A new market research report by Future Market Insights on the Automotive Composite Leaf Spring Market includes a global industry analysis 2017–2021 and an opportunity assessment 2022–2032. As per the findings of the report, the Transversal installation of Composite Leaf Spring constitutes the bulk of the revenue that will be generated through this segment. It is projected that Transversal Type installation of composite will grow at 5.9% CAGR during the forecast period. The United States to Command the Larger market share of Automotive Composite Leaf Spring throughout the Analysis Period The United States will own 33.9% of the global Automotive Composite Leaf Spring Market. From 2017 through 2021, the CAGR is 6.7%. In the United States. The United States has the highest vehicle ...

 The Global Micro-mobility Charging Infrastructures Market was valued at US$ 3.8 Bn in 2021 and is expected to reach US$ 31.8 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report, wired Micro-mobility Charging Infrastructures will remain pivotal for the market as the bulk of revenue will be generated through this category, with a forecasted CAGR of 21.9%. Wired Chargers to contribute the most to revenue Wired Charging is expected to continue being the top category. It has an advantage over Wireless charging in speed, range and the ease of managing the thermal loss. Switching over to wireless may become an emerging technology as research increases in improving their efficiency. The US to continue being the leading component of revenue in the forecast period The US will continue to be the leading market for micro-mobility charging infrastructure demand. Legislature such as the Bipartisan Infrastructure Law or the I...

 The Global Leisure Boat Market was valued at US$ 42.6 Bn in 2021 and is expected to reach US$ 78.4 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. As per the findings of the report diesel-based propulsion systems for Leisure Boat will remain pivotal for the market as the bulk of revenue will be generated through this category. Used Leisure boats, which are cheaper and are available immediately, can be physically seen and immediately tried, and are often already kitted out by the past owners are the leading contributors to revenue, having witnessed a CAGR of 4.2% in 2017-2022 and having a forecasted CAGR of 5.4% for the next decade. Developments in Electric Boats are a driving factor for the demand Electric boats are growing in popularity due to the fact that today’s consumers and authorities are increasingly concerned about the emissions and pollution caused due to traditional engines. Electric boats are noiseless, odorless and smokeless an...

 The Global Off-Road Motorcycle Market was valued at US$ 14.3 Bn in 2021 and is expected to reach US$ 27 Bn by 2032, finds Future Market Insights (FMI) in a recent market survey. A new market research report by Future Market Insights on the Off-Road Motorcycle market includes global industry analysis for 2017–2021 and an opportunity assessment for 2022–2032. As per the findings of the report, motocross motorcycles will remain pivotal for the market as the bulk of revenue will be generated through this category. Motocross remains the leading category owing to the increasing popularity of Motocross events Motocross as a sport has been growing in popularity, with a resultant increase in demand for motocross motorcycles. Innovations in both motorcycles and events as a whole have boosted their popularity. This category witnessed a CAGR of 6.1% in 2017-2022 and has a forecasted CAGR of 5.6% in the forecast period of 2022-2032. Off-Roading Apps encouraging the use of Off-Roa...

Future Market Insights has recently published a new market research study on the  automotive cylinder liner market that Contains global industry analysis 2017–2021 and opportunity assessment 2022–2027. The report investigates the automotive cylinder liner market and provides critical insights for the forecast period of 2022-2027. As per the key findings of the report, the global automotive cylinder liner market is expected to witness considerable growth in upcoming years due to the increasing implementation of emission norms, coupled with downsizing of engines, resulting in the increase in demand for light weight automotive cylinder liners. The global automotive cylinder liner market is estimated to reach ~US$ 4,741.1 Mn in 2022, and increase at a CAGR of ~3.5% during the projected period of 2022-2027. This growth is expected to be mainly driven by the increasing demand for passenger and commercial vehicles across the globe. Emergence of High-Quality Automotive Cylinde...

 As per FMI, the global construction equipment maintenance and repair market is set to be valued at over US$ 21,955.6 Mn in 2022, with a stable long-term projection. The market is anticipated to expand at over 4.3% CAGR from 2022 to 2032 and reach US$ 32,276.3 Mn by the end of 2032. The construction equipment maintenance and repair market is likely to grow at a stable pace as companies are expected to focus more on research & development (R&D) activities to maintain and repair vehicles. It would effectively improve the working condition and life cycle of various machines. Vehicle repair and servicing will undergo some changes due to a few new upcoming technologies in the automotive industry. The market is further expected to grow rapidly as many firms are looking to invest in R&D activities to provide innovative services to the repair and maintenance sector. They are planning to provide diagnostics tools, which are used to detect the source of any damage t...

 In the near future, electric vehicles will dominate the clean vehicle market, and necessitate demand for revolutionary battery management systems. Steadily growing demand for battery management systems in e-bikes as well as electric cars will squarely surge market growth. According to a new research report published by Future Market Insights (FMI), the  automotive battery management system market  is estimated to reach US$ 15.31 Bn by the end of 2029.  “In the foreseeable future, advancements in battery management systems will contribute towards extending vehicle range, while simultaneously improving battery life and safety. All major OEMs are ambitiously planning to boost electric vehicle production, which is projected to create significant opportunities for the global automotive battery management system market.” Key Takeaways of Automotive Battery Management System Market Study Consumer demand across the globe is beginning to bend in favor of elect...

 Increasing use of advanced technology, such as sensors and traction control systems is boding well for the growth of the global  automotive steering system market . However, according to an FMI study, the COVID-19 pandemic continues to obstruct automotive production activities, worldwide, as some of the most affected countries house major automotive production hubs, such as Germany, the UK, India, and the U.S. The pandemic is likely to have a measurable impact on consumer demand in the short term, with automotive sales in Germany registering a 40% drop in Q1 of 2020. Tier-2, and especially tier 3 suppliers of automotive steering systems are poised to get adversely affected by pandemic-related disruptions. The global automotive steering system market is projected to total US$ 23.2 Bn in 2022. With sales growing at a healthy 4.6% CAGR , the market size is projected to total US$ 33.3 Bn by 2030. The global automotive steering system market is likely to experience a ...

 The global hybrid vehicles market is expected to create a lucrative growth opportunity over the estimation period from 2022 to 2032 by registering a CAGR of 21.6%. The market is anticipated to be valued at US$ 192.7 Bn in 2022 and is expected to reach a valuation of US$ 1,362.3 Bn by 2032.  According to the historical analysis ranging from 2015 to 2021, the hybrid vehicles market exhibited growth at a robust CAGR of 11.4% and is projected to accelerate during the current estimation period at a phenomenal CAGR of 21.6% throughout the forecast period. This surging year-on-year growth in 2022 is expected to bolster even further as governments from all over the world are rapidly taking initiatives to reduce carbon footprints in the transportation sector. The widespread adoption of luxury vehicles combined with the enforcement of severe emission-related regulations and high demand for electric vehicles are all contributing to the expansion of the hybrid vehicles ma...

 ESOMAR-certified consulting firm Future Market Insights’ report, projects the global OHV telematics market to record growth at 15% CAGR over the forecast period of 2022 and 2032. Growing demand from construction industry is accelerating OHV telematics sales across the globe. Demand for OHV telematics is rising extensively in emerging economies as are becoming more aware for the vehicle safety. Increasing application within rental equipment companies, mining industry and for safety & security of vehicles will continue creating sales opportunities. As per the FMI’s analysis, despite the slight setback due to the pandemic, the global OHV telematics market registered the Y-o-Y growth at 14.50% CAGR during 2020-2021. What are the Growth Prospective for Off-Highway Vehicle (OHV) Telematics Market? “Due to the increase in construction, agriculture and mining activities in the remote and inaccessible areas, there has been a growing demand for telematics trackers, ge...

 According to FMI, the aftermarket for two-wheeler accessories will grow at a CAGR of 8.6% between 2022 and 2032. According to the report, protective gear will become the best-selling item and make up 30% of the aftermarket value of two-wheeler accessories. Due to the rising demand for helmets and other protective gear, the total sales of two-wheeler accessories aftermarket are anticipated to surpass. The rising demand for two-wheelers in Asia is a major factor propelling sales of two-wheeler accessories. Due to their large populations, rapid urbanisation, and rising levels of consumer disposable income, India and China are regarded as the most profitable markets for the sale of two-wheelers. As a result, there will likely be a strong demand for two-wheeler accessories to improve motorcycle performance in Asia. China Might Continue to Hold the Upper Edge Spot in Terms of Two-Wheeler Accessory Consumption China has the largest population in the entire world. One of t...