The global air brake system market size was valued at USD 3.1 billion in 2023 and is expected to reach USD 3.4 billion by 2028, at a CAGR of 2.2% during the forecast period 2023-2028. The air brake system market is expected to grow due …
The electric motors market in the U.S. is a thriving sector within the global market that is expected to grow at a significant growth rate due to the rising demand for energy-efficient motors across diverse industries such as Industrial, Commercial, Residential, Agriculture, and Transportation. Among …
The automotive safety system market is estimated to be USD 82.80 Billion in 2017 and is projected to reach 169.46 billion by 2025, at a CAGR of 9.36%. The market is principally driven by increasing demand for a safe, efficient, and convenient driving experience and …
The global Industrial Filtration Market is expected to reach USD 47.1billion by 2029 from USD 37.1 billion in 2024 at a CAGR of 4.9% during the forecast period according to a new report by MarketsandMarkets™. The rigorous environmental regulations imposed by governments worldwide require industries to adopt filtration …
The integrated vehicle health management market is projected to grow at a CAGR of 12.0% during the forecast period, to reach USD 28.0 billion by 2027 from an estimated USD 11.3 billion in 2019. Diagnostics segment, by health management type, is estimated to hold the …
The diesel exhaust fluid market size was valued at USD 34.4 billion in 2022 and is expected to reach USD 50.0 billion by 2027, at a CAGR of 7.8% during the forecast period 2022-2027. Stringent emission regulations leading to increased penetration of diesel SCR vehicles …
The global Digital Oilfield Market is expected to reach USD 43.0 billion by 2029 from USD 30.1 billion in 2023 at a CAGR of 6.3% during the forecast period according to a new report by MarketsandMarkets™. Digital oilfields play a crucial role in improving operational efficiency, reducing costs, …
The global vehicle for disabled market is projected to grow from USD 2.6 billion in 2019 to reach USD 6.3 billion by 2027, at a CAGR of 11.7%. The growth of vehicles for disabled market is influenced by factors such as the growing population of …
The global Gas Engine Market is expected to reach USD 6.3 billion by 2029 from USD 5.1 billion in 2024 at a CAGR of 4.5% during the 2024–2029 period according to a new report by MarketsandMarkets™. The growth in this market can be attributed to various factors stimulating …
The global automotive conformal coatings market post-COVID-19 is projected to reach USD 2.7 billion by 2025 from USD 1.8 billion in 2020, at a CAGR of 8.7%. The growth of this market is primarily driven by the increasing automotive electronics in vehicles and various technological …
The global baggage handling system market is projected to reach USD 10.3 billion by 2025 from USD 7.5 billion in 2020, at a CAGR of 6.6%. The growing focus on improving air connectivity and the development of intermodal transport will drive the baggage handling system …
According to a research report “Automotive Filters Market by Filters Type (Air, Fuel, Oil, Cabin, Coolant, Brake Dust, Oil Separator, Transmission, Steering, EMI/EMC, Coolant, DPF, GPF, Urea), Vehicle Type, Electric & Hybrid Type, Aftermarket & Region – Global Forecast to 2030″ published by MarketsandMarkets, the global automotive filters …
The railway wiring harness market, by value, was USD 1.5 billion in 2021. It is projected to grow at a CAGR of 4.6% from 2021 to 2026, to reach USD 1.9 billion by 2026. Asia Pacific accounted for the largest share of the market in …
The Semi-Trailer Market is estimated to be USD 29.5 billion in 2020 and is projected to grow to USD 41.2 billion by 2025, at a CAGR of 5.6% during the forecast period. The semi-trailer market is primarily driven by the ever-growing need for improved transportation …