Automation

  A recent study, conducted by the strategic consulting and market research firm  BlueWeave Consulting , revealed that the Thailand slack wax market was worth USD 38.6 million in the year 2020. The data generated by the study reveals that the  Thailand slack wax market   is estimated to grow at a CAGR of 4.4%, earning revenue of around USD 50.9 million by the end of 2027.  The thriving cosmetics and personal care industry is fueling the growth of the Thailand slack wax market. A shift in the consumption of personal care products by men has bolstered the consumption of such products in Thailand, driving the market growth. In addition to this, the growing demand for slack wax from the rubber industry and the rising number of automobile sales have created a proportional demand for slack wax in the country, supporting the growth of the Thailand slack wax market . Rising construction projects all across the country are driving the growth of the Thailand slack wax mar...

  A recent study, conducted by the strategic consulting and market research firm  BlueWeave Consulting , revealed that the Saudi Arabia tire market was worth USD 3753.0 million in the year 2020. The data generated by the study reveals that the market is estimated to grow at a CAGR of 7.4%, earning revenue of around USD 5984.0 million by the end of 2027.  Saudi Arabia tire market  is rising due to a rapidly growing consumer base and favorable economic conditions. The market is also booming due to a fast-expanding consumer base and rising per capita expenditure on luxury vehicle components, both of which are contributing to market expansion. Another important issue is the increasing presence of multinational tire brands in Saudi Arabia, which provides superior quality assurance and longer product life than domestic competitors.  Additionally, the implementation programs such as National Industrial Development and Logistics Program (NIDLP) supporting the Saudi Visi...

  A recent study conducted by the strategic consulting and market research firm,   BlueWeave Consulting , revealed that the   India electric scooter market   is estimated to grow at a CAGR of 35% during 2022-2028. The growing popularity of electric scooters can be attributed to citizens' growing awareness of carbon emissions and sustainability, which is driving them to switch to electric transportation. The India electric scooter market is expected to have attractive development prospects in the projected period due to favorable government efforts and private-public investments in the construction of additional charging points at strategic places. Establishment Of New Charging Points is Propelling the Growth of the Market The central and state government as well as industry players are making major investments to increase the number of charging stations in the country. This is expected to be a major element in increasing the popularity of electric scooters among the ...

  A recent study by the strategic consulting and market research firm   BlueWeave Consulting   revealed that the Global   Automotive Wheels Market   was worth USD 28,763 million in 2021 and is projected to reach USD 46,173 million by the year 2028, growing at a CAGR of 7.2% during the period of 2022-2028. This can be attributed to the rising demand for automotive and the emergence and adoption of new technologies in wheel manufacturing. Moreover, an increment in the demand for electric vehicles due to stringent pollution standards coupled with the rising popularity of electric vehicles throughout the world is also expected to propel the growth rate of the global automotive wheel market. These factors are driving the growth of the global automotive wheels market during the forecast period 2022-2028 . Rising Demand for Automotives coupled with Emergence and Adoption of New Technologies in Wheel Manufacturing to Bolster Market Growth The Consumer demand for vehicle...