Business

Surge in Global Demand Powers Growth in Alternative Fuel Vehicles Market, CAGR to Hit 9.8% by 2033 The Alternative Fuel Vehicles (AFV) market is poised for unprecedented growth with a projected Compound Annual Growth Rate (CAGR) of 9.8% from 2025 to 2033. This surge is underpinned by technological advancements, rising fuel prices, and strong government support, steering the market towards ...

The redispersible polymer powder market is set to achieve a Compound Annual Growth Rate (CAGR) of 6.8% through 2032, driven by robust growth in the global construction industry and a rising demand for energy-efficient buildings. Key Market Drivers: Global Construction Industry Expansion: As urbanization accelerates in emerging economies and developed nations continue to invest in infrastructure and green buildings, the ...

The global boring bars market is poised for significant growth, boasting a robust Compound Annual Growth Rate (CAGR) of 5.6%. This growth is primarily fueled by escalating demands from the automotive and aerospace sectors and rapid advancements in machining technology. Boring bars, essential for internal turning operations, are gaining traction due to their critical role in producing precise and efficient ...

The global market for automotive electrically adjustable outside rear view mirrors (ORVMs) is anticipated to grow at a robust Compound Annual Growth Rate (CAGR) of 14.5% from 2024 to 2032. This growth is driven by increasing emphasis on vehicle safety, comfort, and technological enhancements in mirror features. The automotive electrically adjustable ORVM market is experiencing rapid growth due to advancements ...

The automotive needle roller bearing market is anticipated to witness substantial growth, expanding at a Compound Annual Growth Rate (CAGR) of 6.6% from 2024 to 2032. This growth is driven by the increasing demand for fuel-efficient vehicles, advancements in automotive technologies, and growth in vehicle production and aftermarket services. The automotive needle roller bearing market is integral to the automotive ...

The anaerobic adhesives market is anticipated to experience a robust growth trajectory, with a projected CAGR of 6.1% from 2024 to 2032. This growth is primarily fueled by rising demand across various end-use sectors, including automotive, electronics, and industrial applications. Key factors driving this market include the expansion of the automotive industry, innovations in electronic devices, and advancements in industrial ...

The airline cyber security market is projected to expand at a compound annual growth rate (CAGR) of 11.5% from 2024 to 2032. As airlines continue to digitize their operations, enhancing efficiency, they are simultaneously exposing themselves to increasing cyber threats. The aviation industry is uniquely challenged due to the interconnectedness of its systems and the sensitivity of the data it ...

The industrial boiler market is projected to experience a compound annual growth rate (CAGR) of 3.5% from 2024 to 2032, propelled by increasing energy demands across various industries, technological advancements in boiler systems, and growing regulatory mandates focused on energy efficiency and emissions reduction. Key findings reveal a strong market presence for natural gas boilers, attributed to their lower environmental ...

The e-commerce automotive aftermarket is projected to grow at a compound annual growth rate (CAGR) of 15.3% from 2024 to 2032, fueled by a mix of technological innovations, evolving consumer preferences, and increased digital engagement. Key insights reveal that convenience, a diverse product range, and competitive pricing are essential drivers of market growth. One major factor contributing to this expansion ...

The pet tech market is set to grow at a cool 14.2% CAGR during the forecast period of 2024 to 2032, thanks to tech advancements, a growing awareness of pet health, and changes in how pet owners live. The way technology is woven into pet care, along with a focus on health and the busy lifestyles of pet owners, are ...