Automotive

  According to ESOMAR-certified Future Market Insights’ (FMI), During the projection period of 2022 to 2032, the  automotive active roll control system market  are anticipated to grow steadily at a CAGR of 4 percent, reaching a worth of US$ 4.5 Billion. The growing demand for safe and comfortable cars is the main driver of the automotive active roll control system market’s expansion. Automotive active roll control system (ARC) acts when a vehicle when subject to cornering forces. It can decrease the magnitude of sprung mass or roll angle of the vehicle and can improve the passenger’s comfort and vehicle dynamics. The automotive active roll control system contains two sub-systems, i.e., electric active roll control (EARC) and hydraulic active roll control (HARC). The electric unit determines the direction and magnitude of the hydraulic pressure according to the vehicle’s instability and the hydraulic unit regulates the pressure in actuators. The actuators provide the ...

  During the forecast period of 2022 to 2032, the   global bicycle market   is projected to grow steadily at a CAGR of 5.8%. The bicycle market is anticipated to increase from US$ 59,882.2 Million in 2021 to US$ 109,511.7 Million by 2032, according to FMI. The global bicycle market is experiencing significant growth, driven by several key factors. One of the primary drivers is the increasing popularity of cycling as a recreational activity, sport, and environmentally friendly mode of transportation. People are increasingly embracing cycling as a means to stay active and enjoy the outdoors. Moreover, there is a growing consciousness about health and fitness, with individuals recognizing the importance of leading an active lifestyle. Cycling is viewed as a low-impact exercise that offers numerous health benefits, including improved cardiovascular fitness, muscle strength, and weight management. As a result, the demand for bicycles is on the rise. Request a Sample of this Re...

  Based on the market research conducted by FMI, the   automotive wiring harness market   is expected to grow at a considerable CAGR of 7.9% through 2032. The automotive wiring harness market is expected to hit US$ 110.78 billion by 2032. The market is valued at US$ 51.79 billion as of 2022, and in 2021 the automotive wiring harness market valuation was US$ 48 billion. Key Takeaways: The automotive wiring harness market is expected to grow at a CAGR of 7.9% during the forecast period. The market was valued at US$ 48 billion in 2021. The automotive wiring harness market is valued at US$ 51.79 billion in 2022. The automotive wiring harness market is anticipated to be valued at US$ 110.78 billion in 2032. Based on the product type, the Chassis & Safety Segment is expected to lead the market during the forecast period. Based on the vehicle type, the Passenger Cars had the Highest automotive wiring harness market share of nearly 49% in 2021. Asia Pacific currently dominate...

  The   railway system market   is valued at US$ 28,278.1 million as of 2023. The market is expected to advance at a CAGR of 4.8% during the forecast period. By 2033, the market is expected to cross an estimate of US$ 45,192.2 million. Global urbanisation is accelerating, which has increased discretionary income. This has encouraged many people to start purchasing their own cars, which has increased traffic congestion. As a result, people in the workforce, especially, have begun using services like metro lines and electric trains. This could result in a rise in demand for railroad infrastructure during the forecast era. Additionally, governments all over the globe are spending enormous sums of money upgrading the rail infrastructure. This is primarily due to an increase in freight transit. Additionally, the use of railroads is consistent with the use of sustainable energy sources. Many economies are placing a focus on "Green Transportation." Since the investors would conc...

  The global   electric vehicle motor market   is worth US$ 8.68 Billion as of now and expected to reach US$ 18.09 Billion by the year 2032 at a CAGR of 8.5% between 2022 and 2032. Competitive Motors Mabuchi Motors, in June 2021, declared finishing 100% acquisition of Electromag SA for CHF 0.1 Mn or US$ 0.11 Mn. Wolong Electric, in March 2020, did acquire small industrial motors’ business of GE for US$ 160 Mn with the objective of helping it to obtain a significant position in the market. Nidec Corporation, in February 2020, tabled 2 novel traction motor systems; viz 50 kW Ni50Ex and 200 kW Ni200Ex based on original 150 kW E-Axle (100% integrated traction motor system encompassed with a reduction gearbox, an electric motor, and an inverter). WEG, in October 2019, installed LV electric motor plant in Hosur (India). This new-fangled 13K square meter facility holds the capability of manufacturing 250K electric motors/year. Allied Motion Technologies, in May 2019, came up wit...

  The global   Battery Swapping Charging Infrastructure Market Growth   is expected to surpass an impressive valuation of USD   202.07   million in 2023 and is projected to exhibit a compound annual growth rate (CAGR) of 21% from 2023 to 2033.  Infrastructure for EV charging will be more and more in demand for residential and business uses. The market for electric vehicle charging infrastructure is also anticipated to grow over the future decades as a result of improved automakers' cooperation for charging infrastructure via a monthly subscription. Reduced battery replacement infrastructure construction costs, decreased EV purchase costs, increased demand for public charging infrastructure, and supportive government subsidies are accelerating market growth. Request a Sample of this Report: https://www.futuremarketinsights.com/reports/sample/rep-gb-15888 Green energy is also anticipated to be a major factor in private and public electric vehicle charging. Ow...

  The global   automotive brake system market   is expected to reach a valuation of US$ 29,548.6 Million by 2032, with sales growing at a stellar CAGR of 16.9% from 2022 to 2032. Scaling up from an estimated value of US$ 6,113.2 Million in 2022, the target market is likely propelled by the surge in consumer demand and the heightened spending on automobiles.  All braking systems apply the force of friction in order to function. Friction resists the relative movement of the bodies that are in touch with each other. The force of friction relies upon the properties of surface materials in contact as the friction force pushes them together to attain a braking impact. Owing to the escalation in road traffic accidents, this braking motion is crucial in automobiles. Get Access to Sample Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-503 Thus, the automotive brake system market is expected to register considerable growth over this observation period. The auto...