Light Management System Market to See Massive Growth in Near Future

Light Management System Market

The global Light Management System Market is expected to grow from an estimated $11.66 billion in 2018 to $21.51 billion by 2023, at a CAGR of 13.03%, during the forecast period. The increasing adoption of energy-efficient lighting automation systems is the major driver of the lighting management …

Market Leader – Photonics Market

Photonics Market, Photonics

The Photonics market is estimated to be USD 593.7 billion in 2020 and is projected to reach USD 837.8 billion by 2025, at a CAGR of 7.1% between 2020 to 2025. Growing application of photonics enabled products in the healthcare sector, information and communication sector, …

Electric Power Steering Market – Global Leaders & Geographical Growth

Electric Power Steering Market

The Electric Power Steering Market is estimated to grow at a CAGR of 5.4 % during the forecast period, to reach USD 33.4 billion by 2027. Increasing government norms related to air emission standards and fuel efficiency of vehicles are expected to drive the electric …

Electric Bus Market: Analysis, Growth & Trends

Electric Bus Market

The global Electric Bus Market size is expected to grow from approximately 112,041 units in 2022 to reach 671,285 units by 2027, at a CAGR of 43.1%. Factors such as a rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled …

Automotive Interior Market – Development and Trends to 2027

Automotive Interior Market

The Automotive Interior Market is estimated to be worth USD 153.5 billion in 2022 and is projected to reach USD 201.2 billion by 2027, at a CAGR of 5.6% during the forecast period. Technological advancements in current automotive interior components, along with the increasing trend …

Wireless EV Charging Market to Grow at a CAGR of 88.4%

Wireless EV Charging Market

The global Wireless Charging for Electric Vehicles Market is projected to grow from $15 million in 2022 to $377 million by 2027, at a CAGR of 88.4%. Factors such as rising sales of EVs around the world, coupled with the growing focus on autonomous vehicles …

Autonomous Forklift Market Projected to reach $6.4 billion by 2027

Autonomous Forklift Market

According to a research report “Autonomous Forklift Market by Tonnage Capacity (<5, 5-10, >10), Navigation Technology (Laser, Vision, Optical Tape, Magnetic, Inductive Guidance), Sales Channel, Application, End-Use Industry, Type, Propulsion and Region – Global Forecast to 2027″ published by MarketsandMarkets, the autonomous forklift market size is projected to …

Automotive Head-up Display (HUD): An Emerging Market with Promising Growth Potential

Automotive HUD Market

The global Automotive Head-up Display (HUD) Market is projected to reach $3.9 billion by 2027 from $1.0 billion in 2022, at a CAGR of 30.4% during the forecast period. The market is driven by increased customer awareness about road and vehicle safety, demand for improved …

Connected Cars Market: Growth and Opportunities

Connected Car Market

The globally Connected Car Market is projected to reach $57.6 billion by 2026, from an estimated $24.0 billion in 2021, at a CAGR of 19.1% from 2021 to 2026. The roll-out of various government regulations regarding mandating safety features such as e-call, navigation, collision warning …

Electric Motor Market will Hit Big Revenues in Near Future

Electric Motor Market

The global Electric Motor Market is expected to grow from an estimated USD 113.3 billion in 2020 to USD 169.1 billion by 2026, at a CAGR of 6.9% during the forecast period. Increased demand for HVAC systems in residential, commercial, and industrial end-users in the Middle East …

E-Bike Market: Insights & Forecast to 2026

E-Bike Market

The E-Bike Market is projected to reach USD 79.7 billion by 2026 from USD 47.0 billion in 2021, at a CAGR of 11.1%. Government support and initiatives and the positive impact of the Covid-19 pandemic on sales of e-bikes will drive the electric bike market. …

Terminal Tractor Market | Growth and Opportunities by 2026

Terminal Tractor Market

The global Terminal Tractor Market is projected to grow from $718 million in 2021 to $877 million by 2026, at a CAGR of 4.1% during the forecast period. Increasing international trade (ports traffic and rail freight) and growing demand from e-commerce and logistics industries drive …

Connected Motorcycle Market is Projected to Grow $757 Million by 2027, at a CAGR of 54.7%.

Connected Motorcycle Market

The report “Connected Motorcycle Market by Hardware (Embedded, Tethered), Calling Service, Communication Type (V2V, V2I), Network Type (C-V2X, DSRC), End-User (Private, Commercial), Service, Motorcycle Type, Application, Propulsion & Region – Global Forecast to 2027″, size is projected to grow from USD 55 million in 2021 to USD …

HD Map for Autonomous Vehicles Market is Booming: Explore Opportunities!

HD Map for Autonomous Vehicles Market

The HD Maps for Autonomous Vehicles Market, by value, is estimated to be USD 1.4 billion in 2021 and is projected to reach USD 16.9 billion by 2030, at a CAGR of 31.7% from 2021 to 2030. The key factors that drive this market include …