The global robotaxi market, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030. The growth of the robotaxi market is influenced by the rising …
The global farm equipment market is projected to grow from USD 107.7 Billion in 2023 to USD 136.3 Billion by 2028, at a CAGR of 4.8% during the forecast period. The growth of the farm equipment market is largely fueled by factors such as government …
The automatic tire inflation system market is projected to grow from USD 82 million in 2023 to USD 138 million by 2028, at a CAGR of 10.7% during the forecast period. The increasing demand for improved tire life and to prevent accidents due to tire …
The global AVAS market is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%. The AVAS market is driven by the increasing adoption of electric and hybrid vehicles, which are quieter than traditional internal …
The global automotive cybersecurity market size is projected to grow from USD 2.5 billion in 2023 to USD 6.0 billion by 2028, at a CAGR of 18.5%. The automotive cybersecurity market is driven by the increasing demand for ADAS technology in vehicles along with growing …
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 Automotive Actuators market is projected to grow from USD 20.9 Billion in 2023 to reach USD 29.3 Billion by 2030 at a CAGR of 4.9% during the forecast period. The growing production of passenger cars, light, and heavy commercial vehicles in developed and developing …
The autonomous forklift market size is projected to grow from USD 4.6 billion in 2023 to USD 8.8 billion by 2028, at a CAGR of 13.8% from 2023 to 2028. The growth of the autonomous forklift market is influenced by factors such as rising complexities …
The e-bike market is projected to grow from USD 48.7 billion in 2024 to USD 71.5 billion by 2030, with a CAGR of 6.6%. The market experienced significant growth from 2019 to 2021, followed by steady growth in 2022. In 2023, e-bike sales declined again …
The Euro 7 regulations compliant market is estimated to grow from 13.6 million units in 2026 to 14.1 million units by 2035 at a CAGR of 0.4% from 2026 to 2035. The European Commission has been focusing on technologies that will help achieve the goal …
The global machine tools market is projected to grow from USD 78.6 Billion in 2023 to USD 104.7 Billion by 2030, registering a CAGR of 4.2%. Companies in the automobile industry are gradually adopting CNC machine tools to produce complex components with more accuracy, efficiency, …
The sensor market for automated vehicles is projected to grow from USD 0.4 billion in 2022 to USD 19.1 billion by 2030, registering a CAGR of 62.6%. The growing demand of safer, efficient and fuel-efficient vehicles are expected to increase the demand for automated vehicles …
The global commercial vehicle telematics market size is projected to grow from USD 5.4 Billion in 2024 to USD 12.8 Billion by 2030, at a CAGR of 15.2%. The surge in e-commerce and last-mile delivery services is driving the demand for advanced telematics solutions that …
The Electric truck market is estimated to be 101,499 units in 2022 and is projected to grow at a CAGR of 34.2% during the forecast period, to reach 1,067,985 units by 2030. The market for electric truck is increasing due to factors such as increase …