Research Report

 According to Future Market Insights research, during the projected period, the global electric boats market is expected to grow at a CAGR of 12.9%. The electric boats market value is projected to increase from US$ 5.65 Bn in 2022 to US$ 19 Bn by 2032. Due to growing worries about environmental and marine pollution, shipyards are switching to renewable energy sources from fossil fuels. In addition, companies are allocating a sizable portion of their budgets toward R&D in order to create a more robust and durable battery system. Different regional governments are enforcing strict regulations to slow the growth of pollution, launching programmes to increase the number of battery-powered boats on the water, and subsidising the research and development of new battery and pollution control technologies. This is expected to to drive the electric boats market forward. Moreover, the demand for recreational boating activities is being propelled by ...

Rough terrain crane comes across as a kind of hydraulic crane used to move, lift, load, and unload heavy materials all across construction and the other industry verticals. MEA rough terrain cranes market stands at ~US$ 302.5 Mn as of now and is expected to reach US$ 641.9 Mn by the year 2032 at a CAGR of 7.3% from 2022 to 2032. MEA rough terrain cranes market emphasizes on 6 regions – Northern Africa, GCC countries, Turkey, South Africa, Israel, and the rest of MEA. Rough terrain cranes are a preferred choice as far as off-road uses are concerned. This could be credited to their robust construction. Also, continuous improvisation is being done, so that they turn out to be apt for the rough terrain. The features like easy handling, flexibility on the count of placing on hard sites, the way they could be easily moved from a work site to the other, and ease with which they could be stored when they are not in use compel the key market participants to use them over lift truck...

 The global automotive washer system market is expected to register a robust CAGR of 5.2% between 2022 and 2032. The global market reached a valuation of US$ 22.3 Bn in 2021 and is predicted to touch US$ 23.5 Bn in 2022. The global automotive washer system market is anticipated to be totaled US$ 39.1 Bn by 2032. Owing to the rapid expansion of the automotive industry, there is a significant surge in the overall automotive washer system market around the globe. The automotive washer system market incorporates around 4% to 7% of its first parent market, which is an automotive parts and accessories market.       The global automotive washer system market showed stagnant growth during the historical period from 2014 to 2021 by registering a CAGR of 3.1%. However, owing to the increasing production and sales of vehicles, the overall automotive washer system market is expected to broaden its spheres by growing at a pace of 5.2% CAGR between 2022 and 203...

 The motorcycle lead acid battery market is expected to grow from US$ 5,256.93 Mn in 2022 to US$ 8,686.11 Mn by 2032. The sales of motorcycle lead acid batteries is expected to rise at a CAGR of 5.15% during 2022-2032. The demand for motorcycle lead acid batteries is increasing in electric, hybrid, light, and heavy motor vehicles, which is a key element fueling the market's expansion. The sales of motorcycle lead acid batteries are also expected to increase between 2022 and 2032 as a result of factors like the growing population, rising disposable income, expanding government agencies, and strict pollution emission restrictions. Since governments have started to offer incentives for the creation of affordable electric automobiles that do not hurt the environment, it is predicted that sales of motorcycle lead acid batteries would increase. As a consequence, makers of motorcycle lead acid batteries are expected to see several potential prospects over the forecast perio...

 The global compaction machines market is predicted to exhibit a healthy CAGR of 6.4% between 2022 and 2032 with an expected valuation of US$ 5.2 Bn in 2022 and totaling the revenue to around US$ 9.7 Bn by 2032. The market was valued at US$ 4.9 Bn in 2021.  According to the historical forecast, the global compaction machines market grew at a value of 5.2% between 2017 and 2021. However, the surging investments in building and construction projects along with the rising prevalence of modern machinery in order to improve productivity and reduce labor costs, it is expected to elevate the demand for compact machines in the future.  Owing to the rapid expansion of the building and construction industry along with accelerated demand for advanced machinery, the overall sales of compaction machines are predicted to grow at a phenomenal pace across the forecast period.  Key Takeaways Compaction machines are strong equipment utilized for compaction purposes thr...

 The automotive industry has gone through many phases of improvements in design, power and efficiency in the last few decades. The technology has brought automobiles to perform in any terrains, which were earlier meant only for smooth roads. The selection of correct steering design provides stability and manoeuvrability to vehicle in any terrains. The steering mechanism is a combination of various linkages which are intended to turn vehicle in minimum radius without over turning it. Unlike conventional steering, the modern electronic power steering comprises of various electronic components which assist to reduce power and provide precision turning. The electronic power steering can improve fuel efficiency and driving experience. The global electronic power steering market is expected to be valued at US$ 25,234.0 Million in 2022. The electronic power steering market size is set to expand at a 5.2% CAGR during the projection period to US$ 41,893.2 Million by 2032. Ear...

 The global  automotive brake systems market  is expected to witness a rise of 3% CAGR between the forecast years of 2020-2030. The market is poised to take a hit as COVID-19 disrupts automobile production. Furthermore, economic downturn will also hamper the market in a negative manner in the coming days. Despite the gloomy picture, the global market for automotive brake systems will recover as the world limps back to normalcy by 2021. In the decade long prediction, the demand for automotive brake systems is projected to rise as road safety features will gain prominence amongst manufacturers and producers. The demand for automotive brake systems is expected to reach US$ 6,113.2 Million in 2022, rising at a CAGR of 16.9% to US$ 29,548.6 Million from 2022 to 2032. Consumer expenditure on cars and rising consumer demand are both factors in growth. A CAGR of 7.5% was recorded for the market for automotive brake systems from 2016 to 2021. Prominence of Road Safety...