The global semi-trailer market was valued at USD 29.5 billion in 2020 and is projected to reach USD 41.2 billion by 2025, growing at a CAGR of 5.6% during the forecast period. Road transportation is a widely utilized mode of transportation of goods because of …
The connected car market is estimated to grow from USD 23.6 billion in 2021 to reach USD 56.3 billion by 2026, at a CAGR of 19.0%. Factors such as the rollout of stringent safety regulations, growing sales of high-end luxury cars, development of 5G infrastructure, …
The battery swapping market is projected to grow from USD 1.7 billion in 2022 to USD 11.8 billion by 2027, at a CAGR of 46.9% during the forecast period. Increased demand for efficient, long-range, and low-emission vehicles is expected to boost the battery swapping market. …
The global V2X cybersecurity market was valued at USD 1.2 billion in 2022 and expected to reach USD 3.2 billion by 2028 and grow at a CAGR of 18.1% over the forecast period (2022 – 2028). Factors such as increasing cyberattacks on vehicles, along with …
The report “OTR Tires Market by Application & Equipment (Construction & Mining, Industrial, Agriculture Tractors), Type (Wheeled, Track), Rim Size, Process (Mold & Pre-Cure), Retreading Market by Process & Application and Region – Global Forecast to 2026” The OTR tires market is projected to grow from …
The air suspension market is projected to grow from USD 17.8 billion in 2022 to USD 21.8 billion by 2027, at a CAGR of 4.2% during the forecast period. Automotive OEMs are investing in R&D activities to introduce innovative suspension systems to enhance ride comfort. …
The electric construction equipment market is estimated to grow from USD 9.2 billion in 2022 to USD 24.8 billion by 2027 at a CAGR of 22.0% over the forecast period. The market growth is primarily driven by the increasing demand to minimize exhaust emissions from …
The global railway system market is estimated to be USD 25.1 billion in 2022 and projected to reach USD 30.9 billion by 2027, at a CAGR of 4.2%. The growing requirement for upgradation and refurbishment of existing rolling stock is expected to drive the railway …
According to a research report “Air Suspension Market by Component (Air Spring, Shocker, Compressor, ECU, Tank, Solenoid Valve, Height & Pressure Sensor), Technology (Electronic, Non-Electronic), Cab Suspension, Vehicle Type (ICE & Electric), Aftermarket & Region – Global Forecast to 2027” published by MarketsandMarkets, the Air Suspension market is …
According to a research report “Metaverse Market for Automotive by Products (Software, Hardware), Technology (Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR), Non-fungible Token (NFT), Blockchain), Function, Application & Region – Global Forecast to 2030″ published by MarketsandMarkets, the global metaverse market for automotive is projected to …
According to a research report “Construction Equipment Market by Type (Excavator-Crawler & Mini; Loader-Backhoe, Skid-steer, & Wheel; Dozer, Dump Truck, Compactor, Crane), Electric Equipment, Propulsion, Power Output, Rental, Aftertreatment Device and Region – Global Forecast to 2027″ published by MarketsandMarkets, the construction equipment market size is estimated to …
The global electric vehicle market size is projected to grow from 8,151 thousand units in 2022 to 39,208 thousand units by 2030, at a CAGR of 21.7%. Factors such as growing demand for low emission commuting and governments supporting long range, zero emission vehicles through …
The report “Smart Electric Drive Market by Vehicle Type (PC, CV, 2W), EV Type (BEV, PHEV, HEV), Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), Application (E-Axle, Wheel Drive), Drive (FWD, RWD, AWD), and Region – Global Forecast to 2026″, The global smart electric drive market size …
The global Electric Scooter and Motorcycle Market is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period. The base year for the report is 2021, and the forecast period is from 2022 to 2027. Factors such as …