The global ride sharing market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026. Increasing the daily commute of passengers for short-distance city travel, constantly increasing fuel …
The stacker crane market size is projected to reach USD 1,442 million by 2027 from an estimated USD 976 million in 2021, at a CAGR of 6.7% from 2021 to 2027. The growth of the stacker crane market is influenced by factors such as rising …
The autonomous / self-driving cars market size was valued at $20.3 Million in 2021, and it is expected to reach $62.4 Million by 2030, at a CAGR of 13.3% during the forecast period 2021-2030. The increasing adoption of ADAS & safety features, the focus of …
According to a research report “Future of Hydrogen in Automotive Market by Vehicle Type (Passenger Car, Light Commercial Vehicle, Bus, and Truck), Propulsion Type (FCEV, FCHEV, and H2-ICEV), H2 Refueling Points (Asia Pacific, Europe, and North America) and Region – Global Forecast 2035″ published by MarketsandMarkets, the Future …
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 steering …
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 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 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 global fuel cell powertrain market size is projected to grow from USD 512 million in 2020 to USD 3,629 million by 2027, at a CAGR of 47.9%. Asia Oceania is projected to be the largest market by 2027, followed by North America and Europe …
The SUV market is projected to grow at a CAGR of 6.6% during the forecast period, from an estimated USD 885.8 billion in 2022 to USD 1,221.7 billion by 2027, at a CAGR of 6.6%. Rising consumer inclination toward comfort and automatic safety features, other …
The micro-mobility market is estimated to grow from USD 3.4 billion in 2022 to USD 6.1 billion by 2027 at a CAGR of 12.5% over the forecast period. Developing connected and telematics technologies, opportunities for service providers in untapped markets, and electric two-wheeler & component …
The automotive engineering service market is projected to grow from 153.2 billion in 2022 to 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 others, and rising commercial transport …
According to a research report “EV Charging Station Market by Application, Level of Charging, Charging Point, Charging Infrastructure, Operation, DC Fast Charging, Charge Point Operator, Connection Phase, Service, Installation and Region – Global Forecast to 2030″ published by MarketsandMarkets, the global EV Charging Station Market is projected to …
The Automotive Steering System market is projected to grow from USD 35.3 billion in 2022 to USD 39.5 billion by 2027, at a CAGR of 2.3% over the forecast period. The rapid adoption of Electric Vehicles (EVs) worldwide creates a huge demand for Electrical Power …