According to a new report from Intel Market Research, the global kayak propulsion system market was valued at USD 670 million in 2024 and is projected to reach USD 1,151 million by 2031, expanding at a CAGR of 8.2% during the forecast period (2024–2031). This growth trajectory is fueled by the rising popularity of recreational kayaking, technological advancements in propulsion systems, and increasing demand for eco-friendly water sports equipment.
Read MoreAccording to a new report from Intel Market Research, the global Solar Yacht market was valued at USD 2,114 million in 2024 and is projected to reach USD 5,734 million by 2031, growing at an impressive CAGR of 15.7% during the forecast period (2025–2031). This rapid expansion reflects the maritime industry's accelerating shift toward sustainable propulsion systems, driven by tightening environmental regulations and evolving consumer preferences toward eco-conscious luxury.
Read MoreAccording to a new report from Intel Market Research, the global Carbon Fiber Driveshaft market was valued at USD 754 million in 2024 and is projected to reach USD 1,208 million by 2031, growing at a robust CAGR of 7.1% during the forecast period (2025–2031). This growth is propelled by increasing demand for lightweight automotive components, stringent environmental regulations, and the accelerating adoption of electric vehicles.
Read MoreAccording to a new report from Intel Market Research, the global Tungsten Carbide Copper Alloy market was valued at USD 267 million in 2024 and is projected to reach USD 425 million by 2031, growing at a robust CAGR of 7.0% during the forecast period (2025–2031). This growth is propelled by increasing demand from key end-use industries, particularly oil & gas and mining, as well as China's rapid industrialization creating substantial growth opportunities.
Read MoreDiscover top Automatic Tapping Machine Manufacturers in India offering precision, durability, and innovation for modern industrial applications.
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