The railway cybersecurity market is estimated to be USD 6.2 billion in 2021 and is projected to grow at a CAGR of 9.4% during the forecast period, to reach USD 10.6 billion by 2027. Various countries have realized that the development of railway infrastructure is …
Improved vehicle fuel efficiency, high torque, increased power, and provision of better vehicle handling are some of the factors that are set to drive the growth of the In-Wheel Motor Market by 2026. The global In-Wheel Motor Market shows significant growth and is projected to …
The global automotive cybersecurity market is projected to reach USD 5.3 billion by 2026, from USD 2.0 billion in 2021, at a CAGR of 21.3%. The growth of the market is driven by the growing demand for added infotainment, telematics, convenient features and stringent safety …
The report “Exhaust System Market by After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Vehicle Type (PC, LCV, Trucks, Buses, Ag Tractor, Construction & Mining Equipment), Aftermarket, Component, Sensor, Application, Sales Channel and Region – Global Forecast to 2026“, is projected to grow at a CAGR of 5.3% …
Published by MarketsandMarkets, the global farm equipment market is projected to grow from USD 111.8 billion in 2022 to USD 141.6 billion by 2027, at a CAGR of 4.8% during the forecast period. An increase in farm mechanization, government support with farm loan waivers/credit finance, …
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. The semi-trailer market is primarily driven by the ever-growing need for improved transportation operations across …
According to a research report “Autonomous Train Market by Level of Automation (GOA1, GOA2, GOA3, GOA4), Technology (CBTC, ERTMS, ATC, PTC), Application, Component, Train Type (Metro, Light Rail, Bullet Train/HSR), Track Length, GOA 4 Systems and Region – Global Forecast to 2030″ published by MarketsandMarkets, the overall autonomous …
The global Wireless Charging Market for Electric Vehicles is projected to grow from USD 15 million in 2022 to USD 377 million by 2027, at a CAGR of 88.4%. Factors such as rising sales of EVs around the world, coupled with the growing focus towards …
According to a research report “Automotive Diagnostic Scan Tools Market by Workshop Equipment, Vehicle, Handheld Scan Tools (Scanner, Code Reader, Digital Pressure Tester, TPMS Tool, Battery Analyzer), Offering, Connectivity (wi-Fi, Bluetooth), Type and Region – Global Forecast to 2026″ published by MarketsandMarkets, the Automotive Diagnostic scan tools Market …
The global automotive traction motor market is projected to grow at a CAGR of 33.7% from USD 4.1 billion in 2021 to USD 17.3 billion by 2026. Increasing demand of electric vehicles, manufacturing of high performance motors, and supporting government policies are factors responsible to …
The Global Electric Bus Market size is estimated to be 112,041 units in 2022 and expected to reach 671,285 units by 2027 and grow at a CAGR of 43.1% over the forecast period (2022 – 2027). Increasing focus of countries on promoting electrification of mass transit solutions and …
The global Automotive Transmission Market stood at USD 59.9 billion in 2022 and expected to reach USD 80.8 billion by 2027 and grow at a CAGR of 6.2% over the forecast period (2022 – 2027). The stringent regulations formulated to reduce C02 emissions are likely to change …
The global Rolling Stock Market was valued at USD 53.8 billion in 2022 and expected to reach USD 64.8 billion by 2027 and grow at a CAGR of 3.8% over the forecast period (2022 – 2027). The growth of the rolling stock market can be attributed to …
The global automotive suspension market is expected to grow from USD 45.3 billion in 2022 and is projected to reach USD 51.6 billion in 2027, at a CAGR of 2.6% during the forecast period. The demand for automotive suspension is driven by the increase in …