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Showing posts from June, 2022

Automotive Collision Repair Market Rise In The Number Of Subscriptions Of Automobile Insurance In The Automobile Sector

    Automotive Collision Repair Industry Overview   The global automotive collision repair market size was USD 185.98 billion in 2020. It is expected to expand at a compound annual growth rate (CAGR) of 2.1% from 2021 to 2028.   The rise in the number of subscriptions of automobile insurance and technological advancements in the automobile sector are the factors expected to propel market growth. There has been an increase in vehicular damage caused by accidents, which is directly influencing the revenue generated in the global market. Many automobile retailers sell do-it-yourself (DIY) kits to consumers who prefer to repair their cars at home without any assistance. This trend is observed in many suburban parts of South America and Asia Pacific.   Gather more insights about the market drivers, restrains and growth of the   Global Automotive Collision Repair Market   OEMs have developed several channels to distribute their branded parts to different service departments. The rising deman

Agricultural Tractors Market Surge In Demand For Compact Tractors On Small Farms And Technological Advancements

    Agricultural Tractors Industry Overview   The global agricultural tractors market demand was valued at 2,765.3 thousand units in 2021 and is anticipated to expand at a compound annual growth rate(CAGR) of 6.8% from 2022 to 2030.   The surge in demand for compact tractors on small farms and technological advancements, such as integrating telematics with agricultural tractors, are expected to drive market growth over the forecast period. In addition, the rapid adoption of mechanization in the agriculture industry is likely to bode well for the market growth over the next eight years. Furthermore, farm laborers’ migration toward cities creating a shortage of laborers is anticipated to drive the market growth. The outbreak of COVID-19 hampered the product demand owing to the temporary suspension of production and supply chain disruption.   Gather more insights about the market drivers, restrains and growth of the   Global Agricultural Tractors Market   However, in H1 2021, the demand f