The worldwide market for truck landing gear during 2018 will touch US dollar 253 Million and the overall market is anticipated to reflect a 4.8% CAGR and touch US dollar 365 Million before the end of 2026. The worldwide market
For quite some years now, the autonomous underwater vehicle is the undisputed boss on account of niche underwater applications. On the other hand, the developing acknowledgment of these multi-purpose vehicles has now transformed them into the accepted decision for the subsea network
Recreational boating is mostly opted by people during trips and vacations for amusement activities around the world. Due to the technological advancement, modern boats offer a host of leisure options. Moreover, boat makers are constantly innovating on steering systems, since boat riding with utmost ease remains the primary focus.
In revenues, the global automotive wire and cable materials market had reached nearly US$ 4 Bn, witnessing expansion at single digit revenue CAGR in 2016. Rising emphasis on vehicle maintenance and safety as well as growing installation of navigation and infotainment system are some key factors supporting growth of the market
The global automotive tire market is estimated to witness huge growth across key regions such as North America, Asia Pacific excluding Japan (APEJ), Eastern Europe, Western Europe, Japan, and Middle East and Africa (MEA) over the forecast period (2017-2027).
Increasing vehicle production and sales, technological advancement and tightened regulations regarding safety measures are the prominent driving forces for the automotive lighting market size. The global vehicle production has witnessed considerable increase due to growing demand and emerging economies.
Research Report Insights (RRI) delivers key insights on the global Fifth Wheel Couplingmarket in its latest report titled ‘Fifth Wheel CouplingMarket by 2025.’ The long-term outlook on the global Fifth Wheel Couplingmarket remains positive, with market value expected to increase at a CAGR of 5.4% during the forecast period (2017 – 2025).
Rising awareness about physical exercising will drum up the demand for bicycles in near future. Moreover, a growing shift to eco-friendly transportation options, aggravated by burgeoning vehicle fuel prices, will collectively foster the adoption.
The factors such as reduction in the cost of connectivity and increasing market penetration of connected devices such as smartphones, and tablets are contributing to the burgeoning demand for connected cars. The automotive telematics market by volume is estimated to witness a growth at a CAGR of 22.1% over the period of 2017 to 2025
Increasing defense budgets, particularly in asia pacific, is anticipated to drive growth. Goodwill of the industry participants is expected to play a key role in contract allotments. Advancements such as increased fuel efficiency and efficient armor material are expected to fuel industry growth over the next seven years. Limited budget for military spending particularly in north america and europe may pose a challenge to the armored vehicle industry over the forecast period
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