Bhavesh Rangari

Bhavesh Rangari added blog Other
2024-12-13 11:56:38 -

Driver Monitoring System Industry Anticipated to Reach USD 9.3 Billion by 2033, Growing at a 7.5% CAGR
The driver monitoring system (DMS) industry is projected to grow at a steady compound annual growth rate (CAGR) of 7.5% between 2023 and 2033, with its value expected to increase from USD 4.5 billion in 2023 to USD 9.3 billion by 2033. The rise in demand for self-driving and semi-autonomous vehicles, both in the passenger and commercial sectors, is driving the adoption of DMS...

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Bhavesh Rangari added blog Other
2024-12-13 11:01:41 -

Automotive Emergency Braking System Industry to Reach USD 68.26 Billion by 2033 with an 8% CAGR
The automotive emergency braking system industry was valued at around USD 29.5 billion in 2022 and is projected to reach USD 31.6 billion by the end of 2023. With a forecasted compound annual growth rate (CAGR) of 8%, the market is expected to grow significantly, reaching USD 68.3 billion by 2033. This expansion is largely driven by the rising incidence of traffic accidents and the...

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Bhavesh Rangari added blog Other
2024-12-12 12:14:00 -

Two-Wheeler Aftermarket Components & Consumables Industry Set to Reach USD 58 Billion by 2033
The two-wheeler aftermarket components and consumables industry is poised for substantial growth, with a projected compound annual growth rate (CAGR) of 7%, reaching an estimated market value of USD 58 billion by 2033. This significant expansion is driven by the increasing use of two-wheelers, especially in urban areas where motorcycles and scooters are popular for their...

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2024-12-12 10:26:44 -

North America’s Underground Mining Vehicle Industry Poised to Hit USD 8,795.08 Million by 2033
The North American underground mining vehicle industry is expected to reach USD 4,891.72 million in 2023 and grow to USD 8,795.08 million by 2033, with a compound annual growth rate (CAGR) of 6% during the forecast period. This growth is primarily driven by increasing investments in mining and industrialization, along with the adoption of advanced technologies such as artificial...

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Bhavesh Rangari added blog Other
2024-12-11 13:35:38 -

Bicycle Tires Industry to Expand: Anticipated to Reach USD 23,509.1 million by 2034 with a 8.8% CAGR
The global bicycle tires industry is projected to achieve significant growth, with sales estimated at USD 10,158.3 million in 2024, increasing to USD 23,509.1 million by 2034. This represents a robust CAGR of 8.8% during the forecast period from 2024 to 2034. In 2023, the market generated USD 9,423.1 million in revenue and is expected to...

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Bhavesh Rangari added blog Other
2024-12-09 10:58:01 -

Europe Trolley Bus Industry Forecast to Surpass USD 999.1 Million by 2033, Growing at a CAGR of 2.7%
According to the latest report from Future Market Insights (FMI), the European trolley bus industry is projected to reach a valuation of USD 999.1 million by 2033, growing at a moderate compound annual growth rate (CAGR) of 2.7% during the forecast period. By 2023, the market is expected to achieve a significant milestone, reaching USD 765.4 million. The resurgence of the trolley bus...

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Bhavesh Rangari added blog Other
2024-12-09 10:38:33 -

Valve Seat Inserts Industry Expected to Hit USD 8,974.3 Million by 2033, Growing at a CAGR of 3.9%
The valve seat inserts industry is projected to reach a valuation of USD 6,121.3 million in 2023, with an anticipated increase to USD 8,974.3 million by 2033. The global industry is expected to record a compound annual growth rate (CAGR) of 3.9% from 2023 to 2033. Significant growth in sales of valve seat inserts is anticipated due to the global expansion of warehouse space. The...

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Bhavesh Rangari added blog Other
2024-12-06 08:06:11 -

Transportation Condensing Units Industry is anticipated to reach USD 4.87 billion by 2032
In 2022, the global industry for transportation condensing units is projected to reach USD 2.8 billion. By 2032, this market is expected to expand to USD 4.87 billion, with a robust annual growth rate of 5.7%. Developed regions dominate the market, accounting for more than 70% of total sales. Europe and North America are established markets for transportation...

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Bhavesh Rangari added blog Other
2024-12-06 07:34:13 -

The Commercial Aircraft Video Surveillance Systems Industry is projected to reach a valuation of USD 299.32 million by 2033
In 2023, the Commercial Aircraft Video Surveillance Systems industry is projected to reach a value of USD 178.59 million. This sector has experienced rapid growth in recent years, and this trend is expected to continue throughout the forecast period. By 2033, the market is anticipated to expand to USD 299.32 million, reflecting a compound annual growth rate (CAGR)...

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Bhavesh Rangari added blog Other
2024-12-04 11:17:07 -

Retread Tire Industry Growth Outlook: Expected to Achieve USD 20 Billion by 2033
The global retread tire industry is projected to reach USD 11.2 billion in 2023, with expectations to grow to USD 20 billion by 2033, achieving a CAGR of 6% during this period. Industry Drivers This significant growth is primarily driven by rising prices of new tires, particularly for sports utility vehicles, due to increasing natural rubber costs and volatile crude oil prices....

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