The terminal tractor market is projected to grow from USD 1.4 billion in 2024 to USD 1.9 billion by 2030, at a CAGR of 5.5%. Terminal tractors also referred to as shunt trucks, yard trucks, or spotting trucks, are primarily utilized for handling forty or …
The Automotive Telematics Market is projected to grow from an estimated USD 9.0 billion in 2024 to reach USD 16.1 billion by 2030 at a CAGR of 10.1% during the forecast period. Automotive manufacturers are highly focused on collaborating with telematic suppliers to integrate their …
The electric powertrain market is projected to reach USD 230.5 billion by 2030 from USD 96.7 billion in 2023, at a CAGR of 13.2% from 2023 to 2030. The electric powertrain market is driven by growing demand for electric vehicles which in turn is influenced …
The global V2X cybersecurity market is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%. The advancement in connected car technology and the expansion of the automotive V2X market are key drivers contributing to …
The software-defined vehicle market is projected to grow from USD 270.9 billion in 2023 to USD 419.7 billion by 2028, registering a CAGR of 9.1% during the forecast period. The market growth is attributed to the continued development of connected vehicles and the introduction of …
The forklift market size is projected to grow from USD 58.9 billion in 2022 to USD 84.5 billion by 2027, at a CAGR of 7.5% for the same period. The market is expected to witness growth due to major factors such as rising demand for …
The Electric Vehicle Plastics market is projected to grow from USD 3.7 billion in 2022 to USD 12.6 billion by 2027, at a CAGR of 27.9% over the forecast period. Race to reduce overall vehicle weight to increase driving range, reduce emissions in hybrid vehicles, …
The global automotive valves market is projected to grow at a CAGR of 2.3% from 2022 to 2027, to reach a market size of USD 28.2 billion by 2027. The key driving factors behind the growth of automotive valves market are rise in sales of …
The automotive 3D printing market is projected to grow from USD 2.9 billion in 2022 to USD 7.9 billion by 2027, at a CAGR of 21.7%. The increasing demand for Connected, Autonomous, Shared, Electric (CASE) vehicles, need for low-cost manufacturing, low-volume parts production, complex structured …
According to a research report “Electric Scooter Market by Vehicle (E-Scooter/Moped, E-Motorcycle), Voltage (36V, 48V, 60V, 72V, Above 72V), Motor Type (Hub and Mid-drive), Battery (Li-ion and lead acid), Motor Power, Technology, Vehicle Class, Usage & Region – Global Forecast to 2030″ published by MarketsandMarkets, the global Electric …
The global EV test equipment market size is projected to grow from USD 79 million in 2022 to reach USD 242 million by 2027, at a CAGR of 25.2%. The increasing demand for alternative fuel vehicles has increased the growth of the market for electric …
The Automotive Heat Exchanger Market is projected to grow from USD 28.9 billion in 2022 to USD 34.3 billion by 2027, at a CAGR of 3.5%. Factors such as growth in vehicle production, paired with increasing adoption of HVAC systems in off-highway and high-end commercial …
The low-speed vehicle market is projected to grow from USD 11.1 billion in 2024 to USD 16.3 billion by 2030, at a CAGR of 6.6%. Low-speed vehicles (LSVs) are characterized by their four-wheeled structure and a maximum speed typically around 25 mph (40 km/h). These …
The Electric Power Steering Market is projected to grow at a CAGR of 5.4% from 2021 to 2027, to reach a market size of USD 33.4 billion by 2027 from USD 24.3 billion in 2021. The major factors driving the growth of the electric power …