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  According to ESOMAR-certified Future Market Insights’ (FMI) - Between 2022 and 2027, the volume of the   MENA commercial vehicles (trucks) Market Size   is expected to increase at a 3.4% CAGR. By the end of 2022, commercial vehicle (truck) sales in MENA will total US$ 6.57 million. MENA Commercial Vehicles (Trucks) Market: Vendor Insights This report includes some of the key players functioning in the MENA commercial vehicles (trucks) market such as: Daimler AG, AB Volvo, Scania AB, Paccar Inc., MAN SE, Navistar International Corp., Hino Motors, Ltd., Isuzu Motors Ltd., Dongfeng Motor Corporation, FAW Group Corporation, Toyota Motor Corporation, Ford Motor Company, Nissan Motor Company Limited, General Motor Company and Volkswagen AG. Manufacturers are using advanced telematics systems and financing options to lure customers. The report presents the value and volume forecasts of the MENA commercial vehicles (trucks) market and provides key insights into the factors driving market gro

The global  automotive brake system & components market size  is set to be valued at  US$ 66,414.8 Mn  in 2022 and is projected to grow at a CAGR of  4.7%  from 2022 to 2032. The automotive brake system & components market is expected to reach a valuation of  US$ 105,131.2 Mn  by 2032. A new study conducted by Future Market Insights (FMI) reveals that demand for  automotive brake system and components  will be driven by innovation in automotive ingenuity over the next couple of years. Electronics has over time evolved as the most crucial part in automotive. Integration of electronics has provided new growth dimensions to the automotive safety system. With the arrival of advanced electronic brake technology, companies are now looking forward to channelizing resource on further research and product development. The automation sector is always under the radar of regulatory authorities and is required to comply with various rules that are incessantly enforced in the interest of bot

  The global  automotive brake system & components market size  is set to be valued at  US$ 66,414.8 Mn  in 2022 and is projected to grow at a CAGR of  4.7%  from 2022 to 2032. The automotive brake system & components market is expected to reach a valuation of  US$ 105,131.2 Mn  by 2032. A new study conducted by Future Market Insights (FMI) reveals that demand for  automotive brake system and components  will be driven by innovation in automotive ingenuity over the next couple of years. Electronics has over time evolved as the most crucial part in automotive. Integration of electronics has provided new growth dimensions to the automotive safety system. With the arrival of advanced electronic brake technology, companies are now looking forward to channelizing resource on further research and product development. The automation sector is always under the radar of regulatory authorities and is required to comply with various rules that are incessantly enforced in the interest of b

  In 2022,  hybrid vehicles market size   is expected to be worth US$ 192.7 billion. From 2022 to 2032, the market is projected to expand at a CAGR of 21.6%. By 2032, the market for hybrid cars is anticipated to be worth US$1,362.3 billion. Hybrid Vehicles: Regional Market Projections The hybrid vehicles market in Japan is expected to represent a significantly higher incremental opportunity between 2016 and 2026. The market for hybrid vehicles in Japan is expected to represent a total incremental opportunity of US$ 241 Bn between 2016 and 2026. Among the product types, the hybrid electric vehicles segment is expected to expand at a significant CAGR in terms of value over the forecast period. In this report, FMI throws light on the drivers and restraints likely to impact the global hybrid vehicles market during this period. Global Hybrid Vehicles Market: Factors Influencing Revenue Growth The hybrid vehicles market is driven by various factors such as better fuel efficiency, incentives

  ESOMAR-certified consulting firm Future Market Insights’ (FMI) - From 2022 to 2032, The   electric scooters market size  is anticipated to grow at a CAGR of 9%. Sales of electric scooters are expected to rise from US$ 9.59 billion in 2022 to US$ 22.7 billion by 2032, according to the report. Key Takeaways from Electric Scooters Market Analysis Lithium-ion batteries will dominate the battery type segment throughout the forecast period. Maxi electric scooter sales will witness high demand, owing to features such as stability and durability. Based on technology, battery-equipped electric scooters will account for maximum sales in the market. The U.S is anticipated to experience increasing demand for three-wheeled electric scooters in the upcoming years. Sales outlook in the U.K. appears to be positive with increasing adoption in tourist mobility. India will provide lucrative opportunities for market expansion to global players, owing to government subsidies prompting adoption of electri

The global  electronic power steering market demand  is anticipated to reach a valuation of US$ 41,893.2 Mn in 2032, with the market growing at a  moderate CAGR of 5.2% from 2022 to 2032. By the end of 2022, the target market is set to reach an estimated US$ 25,234.0 Mn. Increasing security concerns coupled with the surging competition with electronic, self-driving, or autopilot-enabled automobiles will boost the demand for the electronic power steering market during the forecast period.  An upsurge in regulatory standards and commitments connected to fuel-efficient technology, measures implemented by OEMs all around the world to lower the weight and complexity of their cars, and rising global vehicle supply are the major considerations that spur the growth of the electronic power steering market during the projected period.  In addition, rising awareness regarding technologically sophisticated automotive systems and the increasing acceptance of luxury vehicles with ADAS are bolstering

  The global   EV charging cables market   is anticipated to register a phenomenal growth rate of about 27.5% during the forecast period from 2022 to 2032, with an expected valuation of US$ 598.2 Million in 2022 and totaling around US$ 6,791.2 Million by the end of 2032. There are two types of electric vehicle charging cables: public charging and private charging. The private charging segment is predicted to account for a notable portion of the global EV charging cables market. Due to the expanding number of private electric vehicles on the road, this segment in particular is expected to dominate the market over the assessment period. The public charging segment is projected to dominate the market over the forecast period, accounting for a boost in the number of commercial charging terminals across regions. Key Takeaways The implementation of electric vehicles is expanding in several countries all over the world with heavy investments in research and development in this sector. Numerou

  The global   commercial helicopter market size  is expected to reach a valuation of US$ 11.5 Bn by 2032, with the market expanding at a positive CAGR of 6.4% from 2022 to 2032. Valued at US$ 5.9 Bn in 2021, the target market is expected to reach an estimated US$ 6.2 Bn in 2022. Key Takeaways: The commercial helicopter market in the United States will grow at 5.5% CAGR, reaching US$ 3.9 Bn by 2032. In Europe, the commercial helicopter market is predicted to expand at a CAGR of 6%, arriving at a value of US$ 2.8 Bn during the assessment period. By type, the light commercial helicopter segment is anticipated to register a CAGR of 6% during 2022-2032. Based on application, the public safety and law enforcement segment is leading the market with a CAGR of 5.5% during the forecast period. The elevated need for  commercial helicopters  in emergency services, VIP transport, military and defense activities, and oil and gas rigs as well as the replacement of older fleets propel the growth of t

  According to Future Market Insights (FMI), the   automotive air intake manifold market size   is poised to reach   US$ 52,813.4 Mn   by 2032 and register growth at   4.9% CAGR   over the forecast period (2022-2032). A push for personal mobility, demand for comfort and safety, preference for premium features and advanced safety is expected to drive the demand in the market. Further, continuing evolution of automotive technology, including driver assistance technologies, and automated driving systems are expected to facilitate the growth in the market. Further, key players are aiming to deliver even more significant safety benefits and meet the increasing demand for fuel-efficient vehicles. Rising demand for road transportation and growing government intervention in promoting sustainable production of vehicles is likely to propel market growth. The material technologies in the  automotive air intake manifold  have significantly changed, with cast iron, aluminum, and composite plastics.

  As per the reports published by FMI, the global   air brake system market   is estimated at US$ 2,108.8 Million. The market value of the air brake system is anticipated to surpass a valuation of US$ 3,003.5 Billion by the year 2033, advancing at a CAGR of 3.6%. A historical market valuation of US$ 2,025.7 Million has been recorded by the analysts of Future Market Insights for the concerned market during the base year. FMI has analyzed that there is a high demand for air-pressing piston applications, which is leading to rising in market share for air brake systems. Stringent regulations have been imposed by the government of developing economies to stop the vehicles that are serving as a major cause to boost the adoption of air brake systems across the globe. It is identified that the production of high-speed trains and developments made in the railway sector is a key demand drivers for  air brake systems  in the current year. However, after an in-depth analysis of the market, it is w