The global forklift market size was valued at USD 58.9 billion in 2022 and is expected to reach USD 84.5 billion by 2027, at a CAGR of 7.5 % during the forecast period 2022-2027. The market is expected to witness growth due to major factors …
The global electric scooter and motorcycle market, by value, is estimated to be 4.9 USD Billion in 2023 and is projected to reach 14.7 USD Billion by 2028, at a CAGR of 24.8% from 2023 to 2028. electric Governments’ backing of electric two-wheelers through subsidies …
The overall autonomous train market is estimated to grow at a CAGR of 5.1% from 2022 to 2030, to reach 12.3 USD billion by 2030. Asia Pacific is projected to lead the autonomous train market during the forecast period, followed by Europe. PTC is estimated …
According to a research report “Connected Car Market by Service ICE & EV (OTA, Navigation, Cybersecurity, Multimedia Streaming, Social Media, e-Call, Autopilot, Home Integration), Form, Market (OE, Aftermarket), Network, Transponder, Hardware, and Region – Global Forecast to 2026″ published by MarketsandMarkets, the connected car market …
The global ADAS market is projected to grow from an estimated $30.9 billion in 2022 to $65.1 billion by 2030, registering a CAGR of 9.7% from 2022 to 2030. The demand for Advanced Driver Assistance Systems (ADAS) is increasing quickly due to the rise in …
The quantum computing in automotive market is estimated to grow from USD 143 million in 2026 to USD 5,203 million by 2035, at a CAGR of 49.0% from 2026 to 2035. Increasing government investments in developing quantum computing infrastructure and growing strategic collaborations between OEMs, …
The global mobility as a service market in terms of revenue was estimated to be worth $3.3 billion in 2021 and is poised to reach $40.1 billion by 2030, growing at a CAGR of 32.2% from 2021 to 2030. The growth of the mobility as …
The global automotive engineering services market is projected to grow from an estimated USD 153.2 billion in 2022 to USD 243.9 billion by 2028, registering a CAGR of 8.1%. The growing demand of zero-emission vehicles, advancements in technologies such as ADAS, battery management, connectivity, among …
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 …
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 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 …