Automotive Pump Market Size Projected to reach $12.96 billion in 2035
The Automotive Pump Market Size is projected to reach $12.96 billion by 2035, reflecting substantial growth driven by advancements in vehicle electrification and increased demand for fuel-efficient and emission-reducing technologies. As automotive manufacturers focus on developing electric and hybrid vehicles, the need for efficient pump systems in electric vehicle drivetrains, battery cooling systems,...
Unsaturated Polyester Resin (UPR) Recycling and Circular Economy Trends
The unsaturated polyester resin (UPR) market is undergoing significant transformation as industries around the world strive to adopt more sustainable practices. As UPR is widely used in industries like automotive, construction, and marine for its durability and strength, its environmental impact has come under scrutiny. One of the major challenges is the difficulty in recycling UPR, which has...
Electric Construction Equipment Market Size is Projected to Reach USD 44.8 billion by 2030
The electric construction equipment market size is rapidly growing, driven by increasing concerns about sustainability and emissions reduction. As technology advances and battery capacity improves, electric construction equipment is becoming more viable and efficient for various applications.
Key Trends in the Electric Construction Equipment Market:
Growing Demand: The demand for electric construction...
Automotive Lighting Market Size to Hit USD 30.4 Billion by 2030
The Automotive Lighting market size is projected to grow from USD 22.5 Billion in 2023 to USD 30.4 Billion by 2030 at a CAGR of 4.4% during the forecast period. The growing sales of luxury vehicles in developed countries and SUVs in developing countries primarily drive lighting sales. The luxury vehicles are mostly equipped with advanced lighting technologies, driving the demand of the automotive...
Automotive Ethernet Market Size is Projected to Reach USD 5.5 Billion by 2028
The global the automotive ethernet market size is projected to grow from USD 2.2 Billion in 2023 to USD 5.5 Billion by 2028, at a CAGR of 19.7%. The automotive Ethernet market is experiencing robust growth due to the increasing integration of advanced driver-assistance systems, connected vehicles, and autonomous driving features, demanding high-speed and reliable in-vehicle communication systems....
EV Connector Market Size to Hit USD 10.9 Billion by 2030, at a CAGR of 27.1%
The global EV connector market size is projected to grow from USD 2.0 Billion in 2023 to USD 10.9 Billion by 2030, registering a CAGR of 27.1%. Electric vehicles increasingly rely on advanced electronic systems for everything from battery management, engine control, safety features, and vehicle lighting to driver assistance and infotainment. The rapid adoption of EVs and HEVs necessitates specialized...
Functional Food Ingredients Market Size, Latest Trends, Key Segments, and Forecast
The global functional food ingredients market is valued at USD 119.2 billion in 2024 and is projected to grow at a CAGR of 6.8%, reaching USD 165.8 billion by 2029. This market is undergoing significant changes and innovations, driven by consumers’ desire for wholesome and sustainably sourced products that provide health benefits beyond basic nutrition. Functional food ingredients are essential...
Pea Starch Market Insights: Growth Trends and Future Prospects
The global pea starch market is anticipated to reach USD 211 million by 2027, up from USD 156 million in 2022, reflecting a compound annual growth rate (CAGR) of 6.2% during the 2022-2027 period. This market is expanding rapidly, driven by new product launches and strategic distribution agreements. For instance, in April 2022, Puris Foods collaborated with the Upcycled Food Association (UFA), an organization...
Electric Scooter and Motorcycle Market Size to Reach $12.4 Billion by 2030
The Electric Scooter and Motorcycle Market Size is poised for substantial growth, projected to reach a remarkable value of $12.4 billion by 2030. This surge can be attributed to the increasing demand for eco-friendly transportation solutions and the rising awareness of the environmental impact of conventional vehicles. With urbanization on the rise and traffic congestion becoming a critical issue...
Racing Simulator Market Size is Projected to Reach USD 1.1 billion by 2030
The racing simulator market growth is estimated to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030, growing at a CAGR of 15.6%. The popularity of esports has surged in recent years, and racing simulators have become a significant part of this trend. Games like iRacing, Gran Turismo Sport, and Assetto Corsa Competizione have thriving competitive scenes, attracting both casual players and...