Automotive Braking System Market Statistics, Growth Potential [+6.48% CAGR] and Forecast 2022-2031

According to data gathered by Market.us, the revenue of the world’s largest Automotive Braking System market is forecast to grow at a CAGR of 6.48%. The automotive braking system market is primarily driven by the growing demand for vehicles and the increasing safety concerns among consumers. The rising concerns over road accidents and the stringent government regulations regarding vehicle safety are also propelling the growth of the automotive braking system market. The Asia-Pacific region is expected to be the largest market for automotive braking systems, due to the growing demand for vehicles in countries such as China and India. North…

Bicycle Gearbox Market | Hybrid Bikes to be Largest Revenue-Generating Application Segment – Market.us

Gearboxes are becoming increasingly popular among cyclists, as they offer a wide range of ratios that can be customized to suit the terrain and riding style. Additionally, gearboxes require less maintenance than traditional derailleur systems, and are less vulnerable to damage from dirt and debris. Bicycle gearboxes are designed to make pedaling easier and more efficient by reducing the number of times the pedals need to be rotated. This enables riders to maintain a higher average speed, and reduces fatigue on long rides. The bicycle gearbox market is expected to grow in the coming years, as more cyclists adopt this…

Commercial UV Water Purifiers Market to Reflect Tremendous Growth Potential With A CAGR Of 2.38% from 2021 to 2026

Research Viewpoint on Commercial UV Water Purifiers Market Outlook: The rising awareness about the health benefits of drinking purified water is one of the major factors driving the growth of the commercial UV water purifier market. In addition, the growing concerns about waterborne diseases are expected to fuel the demand for commercial UV water purifiers. Moreover, stringent government regulations regarding drinking water quality are anticipated to drive the growth of this market. However, high installation and maintenance costs are expected to restrain the growth of this market during the forecast period. Expected Growth: commercial UV water purifier market share is expected to…

Automotive Power Folding Mirror Systems Market Growth CAGR of 6% | Latest Statistical Report By Market.us

According to data gathered by Market.us, the revenue of the world’s largest Automotive Power Folding Mirror Systems market is expected to register a CAGR of over 6% during the forecast period of 2019-2024. The major factors driving the growth of the market are the increasing demand for luxury and premium cars, and the stringent government regulations regarding vehicle safety. The Asia-Pacific region is estimated to be the largest market for automotive power folding mirror systems, due to the growing production and sales of vehicles in countries such as China, India, and South Korea. The North American region is also expected…

Adaptive Solar Collectors Market [+Regional Market Share and BPS Analysis] | Value Chain Forecast 2022 To 2031

Research Viewpoint on Adaptive Solar Collectors Market Outlook: The global adaptive solar collectors market is expected to register a CAGR of over 7% during the forecast period. The growing demand for renewable energy sources and the need for a reduction in carbon footprints are the major driving factors for the growth of this market. Adaptive solar collectors are devices that are used to collect and store solar energy. They are designed in such a way that they can automatically adjust themselves according to the changes in the position of the sun, thus providing maximum efficiency. These collectors are widely used in residential…

Automotive On-board Power Inverter Industry [+CAGR of 6.74%] | Asia-Pacific Region Largest Market

According to data gathered by Market.us, the revenue of the world’s largest Automotive On-board Power Inverter market is expected to grow from USD 1.23 Billion in 2015 to USD 1.71 Billion by 2020, at a CAGR of 6.74% between 2015 and 2020.  Electric vehicles are becoming increasingly popular, and with that comes the need for a reliable automotive on-board power inverter. A power inverter helps to convert the DC power from the battery into AC power, which is then used to run the various electrical components in the vehicle. The Asia-Pacific region is anticipated to be the largest market for…

Air Conditioning Systems Market Expectations & Grow By USD 199 Bn, Globally, By 2032 At 4.9% CAGR : Market.us

Research Viewpoint on Air Conditioning Systems Market Outlook: Air conditioners are commonplace. They can be used in homes, commercial spaces, and entertainment centers. AC is still highly sought after in developing countries, but it is difficult to find affordable products that are environmentally friendly. AC systems play a crucial role in the transformation of indoor environments, especially in hot and arid regions. They are an integral part of modern infrastructure. As emerging markets continue to grow economically, AC demand is expected to see a bullish increase over the next few decades. Expected Growth: The global air conditioning system market is estimated at USD 124 Billion in 2022…

Ball Joints and Parts Market Shares and Statistics Challenges, Growth by 2031

A ball joint is a spherical bearing that connects the control arm of a vehicle to its steering knuckle. It allows the suspension system to move freely while keeping the wheels in alignment. The automotive industry is the major consumer of ball joints and parts. The increase in vehicle production, due to the rise in global population and economic growth, is expected to drive the demand for ball joints and parts over the forecast period. The Asia-Pacific region is projected to be the largest market for ball joints and parts, followed by North America and Europe. The aftermarket sales of…

Electric vehicle thermal management system Market- Air Cooling to be Largest Type Segment, 2022-2032

The market is anticipated to witness significant growth over the forecast period on account of the rising demand for electric vehicles (EVs) across the globe. In order to ensure optimal battery performance and extend the range of EVs, it is essential to maintain the temperature of battery cells within a certain range. Thermal management systems help in regulating the temperature of battery cells and prevent them from overheating or freezing. The market for electric vehicle thermal management system is expected to be driven by the increasing production of EVs globally. China is projected to be the leading market for EVs,…

Automated Liquid Handlers Market Estimated At USD 2,385.92 Mn by 2030, At a 18.9% CAGR from 2021 to 2030

Research Viewpoint on Automated Liquid Handlers Market Outlook: The global automated liquid handling market was valued at USD 960.99 million in 2020 and is projected to reach USD 2,385.92 million by 2030, growing at a CAGR of 9.5% from 2021 to 2030. Automated liquid handling systems (ALH) are machines that can precisely program to handle liquids. They deliver reproducible and accurate results in clinical and research settings. In clinical and research labs, efficient and precise liquid handling techniques are crucial. The automated liquid handling system can be optimized to use in various techniques such as ELISA, time-resolved fluorescence, PCR setup and next-generation sequencing. The advantages…