Research Report

 The global automotive trim parts market is currently valued at US$ 39.4 Bn. Sales of automotive trim parts are projected to increase at 4% CAGR and be valued at close to US$ 58 Bn by 2031. The report published on  Automotive Trim Parts Market  is a comprehensive analysis that includes the key parameters and indicators critical in understanding the market. The data from the years 2022 to 2030 has been used to present the market status and size. The study also covers the overall market valuation along with the CAGR for the forecast period. The introductory chapter presents an overview of Automotive Trim Parts Market along with the product definition and market scope. The report also analyzes consumer trends regarding the products along with the industry development trends. To remain ‘ahead’ of your competitors, request for a Sample@  https://www.persistencemarketresearch.com/samples/32687 Vehicle manufacturers are focusing on providing technologically advan...

 The global automotive aluminium extruded parts market is currently valued at over US$ 53 Bn. Sales of automotive aluminium extruded parts are projected to increase at 5.8% CAGR and be valued at over US$ 93 Bn by 2031. By 2023, Automotive Aluminium Extruded Parts are anticipated to create value of about US$ 58,597.3 million, predicts Persistence Market Research. Global automotive industry growth is spurring the market for aluminium extruded parts owing to several factors such as increasing environmental concerns, changing government regulations, demand for efficient material for automobile production and weight reduction of automotive vehicles. The global market for Automotive Aluminium Extruded Parts is expected to reach US$ 103,953.0 million by 2033, growing at a CAGR of 5.9% between 2023 and 2033. The study of market analysis of  Automotive Aluminum Extruded Parts Market  focuses on the key elements and the market dynamics of a specific market within that...

 The Indian automobile wiper market is now estimated to be worth over US$ 140 million and is expected to generate US$ 285 million in sales by 2031. From 2021 to 2031, India’s automobile wiper sales are expected to grow at a CAGR of almost 7.3%. The essential components and market dynamics of a particular market within that industry are the subject of the study of market analysis of the India Automotive Wiper Market. An important component of the market analysis that concentrates on the elements related to the SWOT analysis is the research of the India Automotive Wiper Market . The survey study examines various aspects, including each manufacturing company’s opportunities, risks, opportunities, and weaknesses. One of the most important elements driving the automotive wiper market is the expansion of automobile manufacturing in India. Rising disposable income is one of the most important factors contributing to economic expansion. Increased use of rear wiper systems in l...

 The global ADAS aftermarket was valued at US$ 877.6 Mn in 2020, and is slated to surge at a CAGR of 9% to reach a valuation of US$ 2.28 Bn by 2031. Ultrasonic and radar sensors, together, currently account for more than 50% share in the sales of Advanced Driver Assistance Systems (ADAS). The worldwide  ADAS aftermarket  is currently valued at close to US$ 1 Bn. Sales of ADAS solutions are slated to surge at a CAGR of around 9% from 2021 to 2031. Adaptive Cruise Control to Account for More Than 18% of Worldwide ADAS Aftermarket Sales: Persistence Market Research. to reach a revenue of US$ 2.28 Bn. Advanced Driver Assistance Systems (ADAS) are groups of electronics technologies that assist drivers in driving and parking functions. Through a safe human-machine interface, an ADAS increases car and road safety. ADAS use automated technology such as sensors and cameras to detect nearby obstacles or driver errors and respond accordingly. Increasing demand for safe...

 Over $22.6 billion is presently estimated to be spent on the remanufacturing of car parts in Europe. By 2031, it is anticipated that revenue from the remanufacturing of automobile parts will reach over US$ 44 billion, growing at a CAGR of over 7%. Demand for HCVs and LCVs will be fueled by expanding use of passenger cars for recreational activities, growing knowledge of remanufactured parts, and development in trade economics. These factors will support market growth. Government regulatory actions are aimed at gradually increasing resource productivity, potentially leading to environmental pricing. For example, the European Council and Parliament’s Waste Directive 2008/98/EC provided a legislative framework for waste management in European countries. Furthermore, it established fundamental definitions, ideas, and concepts such as waste hierarchy and the polluter pays principle. In the near future, Europe’s countermeasures are expected to include stronger environmenta...

 The global electric two wheelers market is projected to expand at a value CAGR of 11.6% over the forecast period of 2022-2032 to reach a valuation of US$ 58.66 Bn Mn by the end of 2032. With increasing investments toward the development of infrastructure and population across several countries, electric two wheelers are also anticipated to witness a demand boom over the coming years. Long-range and-high performance electric scooters, motorcycles, and bicycles are being introduced in many countries, which is ultimately expected to benefit the market for electric two wheelers over the coming years. The need for carbon footprint reduction in the environment along with fuel-efficient bikes and enhanced user experience, is compelling manufacturers to increase their investments in production, which will bode well for market expansion going forward. Key Takeaways from Market Study Demand for electric bicycles is projected to increase at a CAGR of 11.5% from 2022 to 2032. Ele...

 The global bicycle market is currently valued at more than US$ 62 Bn. Sales of bicycles are slated to increase at a value CAGR of around 5.8% from 2022 to 2032. to reach a revenue of more than US$ 109 Bn by 2032. Bicycling is favored by a majority of health-conscious individuals as well as a recreational sport. Bicycles are not only good at combating obesity and digestive issues but are also cost-efficient. These advantages have been recognized by developing economies who have been promoting bicycling on a war footing. Some of the key bicycle manufacturers included in the report are Giant Bicycles Inc., Atlas Cycles Ltd, Derby Cycle Holding GmbH, Trek Bicycle Corporation, Avon Cycles Ltd., Zhonglu Co., Ltd, Accell Group N.V., Tube Investments of India Limited, Dorel Industries Inc., Merida Industry Co., Ltd, Tandem Group plc, Samchuly Bicycle Co., Ltd, F.I.V.E. Bianchi S.p.A, Specialized Bicycle Components, Hamilton Industries Pvt. Ltd, Tianjin FUJITA Group Co. Ltd,...