The global electric commercial vehicle traction motor market is projected to grow from USD 2.1 billion in 2024 to USD 9.8 billion by 2030, registering a CAGR of 28.8%. The traction motor market for Electric Commercial Vehicles (ECVs) has witnessed substantial growth in recent years, …
The global electric power steering market was valued at USD 24.3 billion in 2021 and is projected to reach USD 33.4 billion by 2027, growing at a CAGR of 5.4% from 2021 to 2027. The key growth drivers for the market are the increasing number …
The global lawn mower market size was valued at USD 23.5 billion in 2022 and is expected to reach USD 33.6 billion by 2027, growing at a CAGR of 7.4% from 2022 to 2027. The rising sports activities and golf lawns would drive the institutional …
The global EV test equipment market size was valued at USD 79 million in 2022 and it is expected to reach USD 242 million by 2027, at a CAGR of 25.2% during the forecast period 2022-2027. Factors such as increasing pollution and the threat of …
The global 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 revival of automotive industry, along with the increase in demand for hybrid and plug-in hybrid …
The global E-Bike market is projected to grow from USD 49.1 billion in 2023 to USD 62.3 billion by 2028 at a CAGR of 4.9%. The worldwide demand for e-bikes is growing rapidly as customers see e-bikes as an eco-friendly solution for commutes, with rising …
The Automotive Lighting Market is projected to grow from an estimated USD 22.5 billion in 2023 to reach USD 30.4 billion by 2030 at a CAGR of 4.4% during the forecast period. Automotive manufacturers are highly focused on developing new and innovative lighting to increase the driver’s …
The Automotive Diagnostic scan tools Market is estimated to be USD 33.1 billion in 2021 and is projected to reach a market size of USD 41.4 billion by 2026, growing at a CAGR of 4.5% during the forecast period. The major factors behind the growth of the …
The global automotive interior market, by value, is estimated to be USD 157.4 billion in 2023 and is projected to reach USD 194.8 billion by 2028, at a CAGR of 4.4% from 2023 to 2028. The growth of the automotive interior market is influenced by various …
The construction equipment market is forecasted to grow significantly, reaching an estimated value of $194.7 billion by the year 2030. This growth is driven by increasing urbanization, infrastructure development, and advancements in technology, which are boosting demand across various regions. Factors such as government investments …
The global rolling stock market, by value, is estimated to be 54.6 USD billion in 2023 and is projected to reach 65.6 USD billion by 2028, at a CAGR of 3.8% from 2023 to 2028. The market for rolling stock is expected to rise as …
The global conveyor system market size is projected to reach USD 12.7 billion by 2027, from an estimated value of USD 9.4 billion in 2022, at a CAGR of 6.0%. Higher adoption of automation processes in various end-use industries and rising demand for handling larger …
The global automotive valves market was valued at USD 25.1 billion in 2022 and is expected to reach USD 28.2 billion by 2027 and grow at CAGR of 2.3% over the forecast period (2022-2027). Factors such as increasing vehicles sales, growing adoption of hybrid electric …
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 need for decreased development time with fewer prototypes, which would eventually decrease the production cost, is driving the …