The global passenger car airbag market is expected to grow at a CAGR of 6.5% during the forecast period. As per the International Organization of Motor Vehicle Manufacturers, around 70.5 million cars were produced in 2018 with a slight decrease in total production. The major factor for the growth of the market includes cohesive government […]
Category Archives: Automotive
Germany passenger car airbag market is forecast to augment at a CAGR of around 6% during the forecast period. The country is a leading exporter of vehicles and their spare parts. The German economy has a significant share of the automotive sector with around 15-20% of the total economy. As per the International Organization of […]
The global blockchain technology market size was valued at USD 5.92 billion in 2028 and is expected to grow at a compound annual growth rate (CAGR) of 85.9% from 2022 to 2028.The legalization of crypto currency encourages companies and investors to invest more in blockchain technology. In addition, it also encourages market players to make […]
The US passenger car airbag market is expected to have a modest growth at a CAGR of around 4.5% during the forecast period. The US is one of the global leaders in the automotive sector. Major factors for the significant market include high cost of the vehicle, high awareness related to road safety and cohesive […]
UK passenger car airbag market is forecast to have a modest growth at a CAGR of around 5.5% during the forecast period. As per the International Organization of Motor Vehicle Manufacturers, the country produced around 1.5 million passenger cars in 2018 out of a total of 1.6 million vehicles. Some of the major factors for […]
The global turbocharger market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period (2022-2028). One of the key factors that are fueling the market is the growing competitiveness between the market players. With several key players in the market, companies are advancing, innovating, and launching new products to stay in […]
The global machine vision market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2022-2028). The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive […]
Solar Shingle Market was valued at USD 5487.8 million in 2021 and expected to grow with a significant growth rate CAGR of 10% between 2022 and 2028. Solar shingles are an effective source of solar energy, and even if they are not an efficient or economical option, their aesthetic value is a valid incentive if […]
Renewable Heating Market was valued at USD 1.2 billion in 2021 and expected to grow with a significant growth rate CAGR of 6% between 2022 and 2028. In light of power disasters, heat recovery steam generators are important within the area of electricity saving. These structures are typical components of composite cycles(gas turbine and steam […]
Ocean Freight Forwarder market size is estimated to be worth US$ 1485 million in 2022 and is forecast to a readjusted size of US$ 22457 million by 2028 with a CAGR of 6% during the review period. Ocean Freight forwarders specialize in cargo moving via cargo ships. This specialization enables ocean forwarders to know exactly […]