The global cell to pack (CTP) battery market is set for remarkable expansion, driven by its adoption in next-generation electric vehicles (EVs) and ongoing advances in battery design. According to MarketsandMarkets, the market is projected to surge from $18.7 billion in 2023 to $79.0 billion …
The automotive industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%. The growth of the automotive industry is influenced by various factors …
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 Software Defined Vehicle market size is projected to grow from USD 213.5 billion in 2024 to USD 1,237.6 billion by 2030, at a CAGR of 34.0%. The growth of demand for SDVs in the global market is influenced by various factors such as an …
The SUV market is projected to reach 53 million units by 2030 from 41 million units in 2024, at a CAGR of 4.4%. The SUV segment has rapidly gained popularity among consumers owing to its road presence, space & size, stylish design, and advanced safety …
The global rolling stock market, by value, is estimated to be USD 28.6 billion in 2024 and is projected to reach USD 40.1 billion by 2030, at a CAGR of 5.8% from 2024 to 2030. Development in the hybrid trains is providing opportunities for the …
The global fire truck market is estimated to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030, at a CAGR of 2.7%. Rapid urbanization, infrastructural development, safety regulations for fire safety, technological improvements, and increase in government spending are projected to …
The global terminal tractor market size is projected to grow from USD 1.55 billion in 2025 to USD 2.25 billion by 2032 at a CAGR of 5.5%. Rising international trade by expanding ports and distribution centers, booming e-commerce, and expanding warehouses have increased the volume …
The Air Suspension market is projected to reach USD 13.9 billion by 2030 from USD 10.0 billion in 2024, at a CAGR of 5.6%. The rising sales of luxury passenger vehicles, including SUVs, sedans, and electric vehicles, are expected to boost the global demand for …
The global autonomous driving software market is projected to grow from USD 1.8 billion in 2024 to USD 7.0 billion in 2035, at a CAGR of 13.3%. As automakers and technology companies plan to launch self-driving cars, demand for driving software solutions is likely to …
The Conveyor System market size is projected to grow from USD 10.4 Billion in 2024 to USD 14.8 Billion by 2030, at a CAGR of 6.0%. The constant need to increase the productivity each year is expected to increase the demand for highly mechanized and …
The global forklift market is estimated to grow from USD 85.2 billion in 2024 to USD 125.4 billion by 2030, with a CAGR of 6.7% over the forecast period. The global forklift market observes growth due to growth in e-commerce and warehouse sectors, an increase …
The global all-terrain vehicle market size is projected to grow from USD 2.9 billion in 2024 to USD 3.3 billion by 2030 at a CAGR of 2.3%. The all-terrain vehicle (ATV) market is expected to grow due to increased demand across various applications such as …
The global hydrogen truck market is projected to grow from USD 1.9 billion in 2024 to USD 10.8 billion in 2035, at a CAGR of 16.9%. Hydrogen Truck market is growing due to expansion in hydrogen refueling infrastructure and advancements in fuel cell technology, R&D …