Automotive

  As per ESOMAR-certified consulting firm Future Market Insights’ (FMI’s) recent market analysis, growth is on the cards for the global  automated guided vehicles (AGV) market . The report forecasts the market valuation to reach US$ 996 Million in 2021, growing at an impressive 7.9% CAGR through 2031. Rapid urbanization and adoption of industrial automation within logistics, transportation, and healthcare industry across the globe will propel sales. Owing to the growing need of automation, the market experienced year-on-year growth at 7.9 during forecast period. Growing automation in material handling solutions will enhance growth prospects during the forecast period. Also, laser-guided AGVs will gain immense popularity among manufacturers as they offer greater precision and reliability. Get Access to Sample Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-1541 Reduction in labor costs, human errors, and round-the-clock accessibilit...

  The  turbofan engines market   is expected to be worth US$ 1.05 billion in 2022. The industry increased by 6.3% year on year over the last year. Turbofan Engines sales are expected to grow at a CAGR of 17.2% from 2022 to 2032, reaching a value of US$ 5.1 billion by the end of 2032. Demand for turbofan engines in the commercial segment to remain strong, while demand for turbofan engines in wide-body aircraft to grow at a rapid pace during the assessment period. The turbofan engines market to be dominated by the North American region. Keys to success for Turbofan Engine Market Growth With rapid urbanisation and global passenger traffic, an accelerated and more comfy mode of transportation is obligated. To encounter this demand, the airline business is growing at a rapid pace. A rapid way to transport goods is also required by the burgeoning transportation sector. The most effectual mode of transportation is air transport. As the airline industry expands, so does the ...

  The   Automotive ADAS (Advanced Driver Assistance Systems) Market   will be worth US$ 131 billion by year 2032. The market is estimated to expand at a CAGR of 9.6% over the course of the forecast period. In 2021, the ADAS market was estimated to be worth US$ 29 billion. Almost all vehicles accidents are caused by human error, which can be avoided with advance driver assistance system (ADAS). The role of ADAS is to prevent deaths and injuries by reducing the number of car accidents and serious impact of those that cannot be avoided. ADAS manufacturers/ developers have developed systems focusing their efforts on making driving experience safer and having human less human interference. As a result, the advance driver assistance system industry is predicted to grow steadily in the future. Get Access to Sample Now:  https://www.futuremarketinsights.com/reports/sample/rep-gb-10914 Strict regulations imposed on car manufacturers by various government bodies around the wor...

  The global   automotive steering system market   is expected to grow at an average CAGR of 4.6% from 2023 to 2033. The target market will accrue a revenue of US$ 38.0 billion by 2033 as opposed to US$ 24.1 billion in 2023. Historically, the market for automotive steering systems registered a CAGR of 2.3% from 2015 to 2021. Based on region, the automotive steering system market in the U.K, the US, China, and India will perform remarkably well. China’s automotive steering system market will witness rapid growth with a 6.0% CAGR and reach a value of US$ 12 billion by 2033 due to the massive production of passenger and commercial vehicles in the country. Where the strong presence of key manufacturers drives the market growth in the U.K; the US automotive steering system market is driven by technological developments in the automobile sector. Thus, China, the U.K, and the US aid the growth of the global automotive steering system market during the projection period. Factors ...

  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 Billion in 2022 and is expected to reach a valuation of US$ 1,362.3 Billion 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. Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-43   The widespread adoption of luxury vehicles combined with the enforcement of severe emission-related regulation...

  Over the forecast period of 2022 to 2032, the global   bicycle light market   is projected to grow at a CAGR of 7.1%. The market is anticipated to reach a valuation of over US$ 2,454.7 Million by 2032, opines Future Market Insights (FMI). The market for bicycle lights is set to be boosted by the increasing popularity of bicycles among people who are concerned about their health and the environment. Bicycle adoption is rising along with the urgent need for more environmentally friendly means of transportation, which is driving the market for bicycle lights. The market is also expanding due to the rising demand for robust and high-quality bicycle lights. Request a Sample of this Report:   https://www.futuremarketinsights.com/reports/sample/rep-gb-15737 Due to the rising demand for safety and security, it is anticipated that the bicycle lights market would expand significantly in the next ten years. Bicycle adoption is also on the rise in many parts of the world as a ...

  The global  commercial helicopter market  is expected to reach a valuation of US$ 11.5 Billion by 2032, with the market expanding at a positive CAGR of 6.4% from 2022 to 2032. Valued at US$ 5.9 Billion in 2021, the target market is expected to reach an estimated US$ 6.2 Billion in 2022. The elevated need for commercial helicopters in emergency services, VIP transport, military and defense activities, and oil and gas rigs as well as the replacement of older fleets propel the growth of the commercial helicopter market during the forecast period. Helicopters ensure greater connectivity and liveability of cities which propels the market prospects for the same. The use of small aircraft in urban spaces at low altitudes bolsters connectivity and liveability of these urban cities by lessening congestion on important routes in cities. This augments the global sales of commercial helicopters. Request a Sample of this Report: https://www.futuremarketinsights.com/reports...