Military Truck Market Outlook and Evolving Industry Trends to 2027

Military Truck Market

The global military truck market is projected to grow from 15,677 units in 2019 to 20,171 by 2027, at a CAGR of 3.2%. Factors such as high demand for customized trucks, technological advancements, increasing popularity of transportation of military equipment, and continuous growth of army …

Automotive Lightweight Material Market Projected to reach $99.3 billion by 2025

Automotive Lightweight Materials Market 

The global Automotive Lightweight Material Market is projected to grow from USD 69.7 billion in 2020 to USD 99.3 billion by 2025, at a CAGR of 7.3% during the forecast period. The increasing stringency of vehicle emission and fuel economy regulations and growing government initiatives for vehicle …

Construction Equipment Market Growth Factors, Regional Analysis, and Forecast by 2026

Construction Equipment Market

The construction equipment market is projected to reach USD 250.4 Billion by 2026 from USD 208.3 billion in 2021, at a CAGR of 3.8% during the forecast period. This growth is triggered by various factors which cover various aspects, like increase in infrastructure investments post-COVID-19 pandemic …

Asia Pacific Electric 3-Wheeler Market Projected to reach 702.1 thousand units by 2027

Asia Pacific Electric 3-Wheeler Market

The Asia Pacific electric 3-wheeler market is estimated to be 272.7 thousand units in 2022 and is projected to grow to 702.1 thousand units by 2027, at a CAGR of 20.8% during the forecast period. Increasing crude oil prices and the demand for eco-friendly mobility …

Automotive Motors Market Outlook and Evolving Industry Trends

Automotive Motors Market 

The global automotive motors market for ICE vehicles is projected to grow from USD 23.0 billion in 2022 to USD 28.7 billion by 2027, at a CAGR of 4.5%. Automotive companies and component manufacturers are investing significant amounts in research and testing of new uses …

Diesel Exhaust Fluid Market – Segmentation & Growth Analysis

Diesel Exhaust Fluid Market

The global Diesel Exhaust Fluid Market size is projected to grow from projected to reach USD 50.0 billion by 2027 from USD 34.4 billion in 2022, at a CAGR of 7.8%. Based on components, the SCR catalyst OE market is estimated to account for the …

Automotive Software Market Projected to reach $40.1 billion in 2027

Automotive Software Market

The global automotive software market size is expected to grow at a CAGR of 13.1% from USD 21.7 billion in 2022 to USD 40.1 billion by 2027. Compliance with fuel efficiency standards, comfort, convenience, and the need for reducing vehicle downtime will drive the market …

Mobility as a Service Market by Service (Ride-Hailing, Car Sharing, Micro Mobility, Bus Sharing, Train) Transportation – Global Forecast to 2030

Mobility as a Service Market

The report “Mobility as a Service Market by Service (Ride-Hailing, Car Sharing, Micro Mobility, Bus Sharing, Train), Solution, Application, Transportation, Vehicle, Operating System, Business Model, Propulsion & Region – Forecast to 2030″, size is projected to reach USD 40.1 billion by 2030 from an estimated USD 3.3 …

Electric Off-highway Vehicle Market Size, Industry Overview & Growth – 2025 

Electric Off-highway Vehicle Market

The Electric Off-highway Vehicle Market is projected to reach USD 17.5 Billion by 2025 from USD 6.3 Billion in 2020, at a CAGR of 22.8% during the forecast period. The growth of this market is primarily driven by the increasing demand to minimize equipment emissions, ventilation costs …

EV Battery Market Size, Industry Overview & Growth – 2025

EV Battery Market

The global EV Battery Market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025. The base year for the report is 2020, and the forecast period is from 2021 to 2025. With the …

Automotive Piston Market: Business Opportunities and Global Industry Analysis

Automotive Piston Market

The global Automotive Piston Market size is projected to grow to USD 2.2 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 3.5%. Demand for high-pressure GDI pistons, lightweight piston components, and passenger car gasoline engines would drive the global automotive …

EV Test Equipment Market – Emerging Nations to Offer New Growth Avenues

EV Test Equipment Market

The global EV test equipment market size is projected to grow from USD 79 million in 2022 to USD 242 million by 2027, at a CAGR of 25.2%. Factors such as increasing pollution and the threat of global warming have accentuated the need to replace …

Farm Equipment Market Industry Statistics & Trends

Farm Equipment Market

The global Farm Equipment Market is projected to grow from USD 99.4 Billion in 2021 to USD 126.0 Billion by 2027, at a CAGR of 4.0% during the forecast period. Government support with farm loan waivers/credit finance, OEM/sales incentives to support dealer service and rental …

Automotive Heat Shield Market Likely to Boost Future Growth by 2025

Automotive Heat Shield Market

The global automotive heat shield market is projected to reach USD 13.9 billion by 2025 from USD 11.7 billion in 2020, at a CAGR of 3.4% during the forecast period. Automotive heat shields are used at various locations within a vehicle to protect the vehicle …