Research Report

FMI delivers key insights on the global  electric vehicle battery market  in its latest report titled “ Electric Vehicle Battery Market: Global Industry Analysis and Opportunity Assessment 2017-2027 .” The long-term outlook on the global electric vehicle battery market remains positive with the market value expected to increase at a CAGR of 8.5% during the forecast period (2017-2027). Among battery types, the lithium ion battery segment in the electric vehicle battery market is expected to expand at a CAGR of more than 9% in terms of value over the forecast period. The global electric vehicle battery market for passenger cars is estimated to be valued at US$ 31.7Bn by the end of 2027.  APEJ is estimated to account for a value share of 24% in the global electric vehicle battery market by the end of 2017, and is expected to dominate the market during the forecast period as well. In this report, FMI throws light on the drivers and restraints likely to impact the electric vehicle battery m

Automotive bearings are accountable for smooth, economical and frictionless running of automobiles. They are present in almost every part of the automobile to ensure movement safety, load handling as well as balance. Several types of bearings are used in automobiles. To name a few, thrust bearings, ball bearings, roller bearings, housed units, needle roller bearings, plummer blocks, plain bearings, spherical roller bearings, slim section bearings, ball thrust bearings, tapered roller bearings and specialized bearings are used. These bearings are made up of different material such as metal-polymers, engineered plastics, metals and bimetals and fibre reinforced composite. The growth of the automotive bearing market is driven by various aspects such as rising technological developments, increasing production of vehicles across the globe, increasing demand for advanced bearings from emerging economies, increasing use of bearings in luxury cars etc. However, high pricing and counterfeiting

  Electric Bike Market value expected to increase at a CAGR of 3.1% during the forecast period (2017-2027) | Top Key Players: ECCITY Motocycles, Hero Electric Vehicles Private Limited, Gogoro Inc., GOVECS GmbH FMI delivers key insights on the global  electric bike market  in its latest report titled “ Electric Bike Market: Global Industry Analysis 2012-2016 and Opportunity Assessment 2017-2027 .” The long-term outlook on the global electric bike market remains positive with the market value expected to increase at a CAGR of 3.1% during the forecast period (2017-2027). Among the battery types, the lead-based battery segment in the electric bike market is expected to expand at a CAGR of more than 3% in terms of value over the forecast period. The global market for battery electric bike is estimated to represent a total increment opportunity of 6.1 Bn from 2017 to 2027. Asia Pacific excluding Japan (APEJ) is estimated to account for a value share of 81% in the global electric bike market

  Automotive Sensors Market  sales at 7.2% CAGR throughout the forecast period from 2021 to 2031. The automotive sensor demand will continue rising through 2021 with worldwide demand projected to increase by  5.5%  year over year. As per Future Market Insights (FMI),  automotive sensor  revenues generation will increase at a ten-year compound annual growth rate (CAGR) of  7.2% , as the automotive production recovers after bucking scepticism about how the market would perform post pandemic. NXP Semiconductors N.V., TE Connectivity, Continental AG, Denso Corporation, Robert Bosch GmbH are identified as leading players in automotive sensor market. They will collectively account for nearly  30%  of global market share in 2021. Auto theft has emerged as a serious problem across the globe. According to a report by the National Insurance Crime Bureau, auto theft grew by 9.2% year-on-year in U.S. reaching 873,080 cases in 2020. To tackle this issue, automakers are installing modern anti-theft

  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 V-shape recove

  Automotive Airbag Market project a steady growth at 3.60% CAGR over the forecast period of 2021 and 2031 ESOMAR-certified consulting firm Future Market Insights’ report on global automotive airbag market project a steady growth at 3.60% CAGR over the forecast period of 2021 and 2031. Growing usage of curtain airbags is increasing the demand for  automotive airbags  across the globe. Demand for automotive airbags is rising extensively in emerging economies as the consumers in these regions are becoming more aware for the vehicle safety. Burgeoning sales of passenger vehicles across the globe have also augmented the demand of automotive airbags. As per the FMI’s analysis, due to the outbreak of coronavirus, sales of automotive airbags declined by -8% in 2020. However, recovery in automotive industry and recommencement of automotive production & manufacturing companies across the globe have improved the market growth. Government increasing funding and initiatives towards the safety

 ESOMAR-certified consulting firm Future Market Insights’ (FMI) recent market survey forecasts sales of  electric scooters  to continue increasing between 2021 and 2031. As per the report, the market will reach  US$ 8.8 Bn  in 2021, leading to expansion at a healthy  9% CAGR . Growing environmental concerns, coupled with demand for reduced costs of commute, easy commutation, and emission control are primary factors encouraging the adoption of electronic vehicles across the world. These factors also will enable the electric scooters sales to total  US$ 8.8 Bn  in 2021. Growth forecasts remain positive for the market. While hindrances were likely amid COVID-19 induced restrictions, sales will recover at an impressive pace. FMI also forecasts the market to exhibit  5.5%  year on year growth in 2021. Increasing government-backed subsidies and rising concerns regarding decarbonization will spur demand for electric scooters in the upcoming years. Rapid urbanization, coupled with growin