The global automotive telematics market is projected to increase from a value of US$ 51.85 billion in 2024 to US$ 240.84 billion by the end of 2034. The market has been forecasted to expand at a CAGR of 16.6% from 2024 to 2034.the market is primarily driven by the increasing demand for smarter vehicles and enhanced in-car technology. Key players such as Harman...

The global commercial hydrogen vehicle market is expected to reach a value of US$ 5.24 billion in 2024 and subsequently advance rapidly at a CAGR of 26.9% to end up at US$ 53.24 billion by 2034. The commercial hydrogen vehicle market is gaining traction as a promising sustainable alternative to conventional transportation. With growing environmental concerns and increasing government...

The global nickel acetate market is set to reach a valuation of US$ 57.5 million in 2024 and further expand at a CAGR of 4.1% to end up at US$ 85.9 million by the year 2034. The nickel acetate market is projected to grow significantly, driven by its applications in various industries such as electroplating, textile dyeing, and electric vehicle (EV) battery production. As one of the...

A recently revised research study released by Fact.MR places the global automotive fuel filter market size at a value of US$ 2.77 billion in 2024. Worldwide sales of automotive fuel filters are projected to increase to US$ 5.09 billion by the end of 2034, rising at 6.3% CAGR between 2024 and 2034.This growth is largely driven by the increasing global demand for automobiles, stricter...

The global power hammer market size was valued at US$ 843.4 million in 2023 and has been forecasted to expand at a CAGR of 5.4% to climb to US$ 1.5 billion by the end of 2034. The power hammer market is expected to experience steady growth driven by demand in key sectors like construction, automotive, and aerospace. The market is seeing a rise in the adoption of pneumatic and...

Revenue from the global car fuel filter market size is projected to increase from US$ 1.74 billion in 2024 to US$ 3.05 billion by the end of 2034. According to this updated study released by Fact.MR, worldwide sales of car fuel filters are forecasted to rise at 5.8% CAGR from 2024 to 2034.This expansion is driven by several factors, including stringent environmental regulations,...

The global grinding machines market is experiencing significant growth, driven by advancements in technology, increasing demand for precision components, and the expansion of key industries such as automotive and aerospace. A recently updated Fact.MR research report reveals that the global grinding machine market is valued at US$ 16.75 billion in 2024. Projections for the period...

The United States hybrid electric vehicle (HEV) market is experiencing significant growth, driven by a combination of environmental concerns, technological advancements, and supportive government policies. As per the latest study by Fact.MR, sales of hybrid electric vehicles in the United States are estimated at US$ 22.2 billion in 2024. The United States market is calculated to...

According to an updated research report by Fact.MR, the global contactless coupler market is calculated to reach a value of US$ 543.6 million in 2024. Over the assessment period from 2024 to 2034, worldwide demand for contactless couplers is approximated to rise at a CAGR (compound annual growth rate) of 5.4%, resulting in a market size of US$ 919.7 million by the end of 2034.This...

The global brushless DC (BLDC) motor market is experiencing significant growth, driven by advancements in technology, increasing applications across various industries, and a shift towards energy-efficient solutions. A recently updated market analysis by Fact.MR reveals that worldwide revenue from brushless DC (BLDC) motor market size is evaluated to reach US$ 20.89 billion in 2024....