Connected Car Market Projected to reach $56.3 billion by 2026

Connected Car Market

The connected car market is estimated to grow from USD 23.6 billion in 2021 to reach USD 56.3 billion by 2026, at a CAGR of 19.0%. Factors such as the rollout of stringent safety regulations, growing sales of high-end luxury cars, development of 5G infrastructure, …

Battery Swapping Market Projected to reach $11.8 billion by 2027

Battery Swapping Market

The battery swapping market is projected to grow from USD 1.7 billion in 2022 to USD 11.8 billion by 2027, at a CAGR of 46.9% during the forecast period. Increased demand for efficient, long-range, and low-emission vehicles is expected to boost the battery swapping market. …

V2X Cybersecurity Market Projected to reach $3.2 billion by 2028

V2X Cybersecurity Market

The global V2X cybersecurity market was valued at USD 1.2 billion in 2022 and expected to reach USD 3.2 billion by 2028 and grow at a CAGR of 18.1% over the forecast period (2022 – 2028). Factors such as increasing cyberattacks on vehicles, along with …

OTR Tires Market Projected to reach $11.0 billion by 2026

OTR Tires Market

The report “OTR Tires Market by Application & Equipment (Construction & Mining, Industrial, Agriculture Tractors), Type (Wheeled, Track), Rim Size, Process (Mold & Pre-Cure), Retreading Market by Process & Application and Region – Global Forecast to 2026” The OTR tires market is projected to grow from …

Air Suspension Market Surge Towards Solid Growth by 2027

Air Suspension Market

The air suspension market is projected to grow from USD 17.8 billion in 2022 to USD 21.8 billion by 2027, at a CAGR of 4.2% during the forecast period. Automotive OEMs are investing in R&D activities to introduce innovative suspension systems to enhance ride comfort. …

Electric Construction Equipment Market Surge Towards Solid Growth by 2027

Electric Construction Equipment Market

The electric construction equipment market is estimated to grow from USD 9.2 billion in 2022 to USD 24.8 billion by 2027 at a CAGR of 22.0% over the forecast period. The market growth is primarily driven by the increasing demand to minimize exhaust emissions from …

Railway System Market Projected to reach $30.9 billion by 2027

Railway System Market

The global railway system market is estimated to be USD 25.1 billion in 2022 and projected to reach USD 30.9 billion by 2027, at a CAGR of 4.2%. The growing requirement for upgradation and refurbishment of existing rolling stock is expected to drive the railway …

Air Suspension Market Projected to reach $21.8 billion by 2027

Air Suspension Market

According to a research report “Air Suspension Market by Component (Air Spring, Shocker, Compressor, ECU, Tank, Solenoid Valve, Height & Pressure Sensor), Technology (Electronic, Non-Electronic), Cab Suspension, Vehicle Type (ICE & Electric), Aftermarket & Region – Global Forecast to 2027” published by MarketsandMarkets, the Air Suspension market is …

Metaverse Market for Automotive to Show Significant Growth in Near Future

Metaverse Market for Automotive

According to a research report “Metaverse Market for Automotive by Products (Software, Hardware), Technology (Virtual Reality (VR), Augmented Reality (AR), Mixed Reality (MR), Non-fungible Token (NFT), Blockchain), Function, Application & Region – Global Forecast to 2030″ published by MarketsandMarkets, the global metaverse market for automotive is projected to …

Construction Equipment Market to Show Significant Growth in Near Future

Construction Equipment Market

According to a research report “Construction Equipment Market by Type (Excavator-Crawler & Mini; Loader-Backhoe, Skid-steer, & Wheel; Dozer, Dump Truck, Compactor, Crane), Electric Equipment, Propulsion, Power Output, Rental, Aftertreatment Device and Region – Global Forecast to 2027″ published by MarketsandMarkets, the construction equipment market size is estimated to …

Electric Vehicle Market Analysis | Industry Size, Share, Growth and Forecast 2022-2030

Electric Vehicle Market

The global electric vehicle market size is projected to grow from 8,151 thousand units in 2022 to 39,208 thousand units by 2030, at a CAGR of 21.7%. Factors such as growing demand for low emission commuting and governments supporting long range, zero emission vehicles through …

Smart Electric Drive Market Size, Growth, Demand, Opportunities & Forecast To 2026

Smart Electric Drive Market

The report “Smart Electric Drive Market by Vehicle Type (PC, CV, 2W), EV Type (BEV, PHEV, HEV), Component (Power Electronics, E-Brake Booster, Inverter, Motor, Battery), Application (E-Axle, Wheel Drive), Drive (FWD, RWD, AWD), and Region – Global Forecast to 2026″, The global smart electric drive market size …

Electric Scooter and Motorcycle Market Projected to reach 6,193 thousand units by 2027

Electric Scooter and Motorcycle Market

The global Electric Scooter and Motorcycle Market is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period. The base year for the report is 2021, and the forecast period is from 2022 to 2027. Factors such as …

Railway Cybersecurity Market worth $10.6 billion by 2027

Railway Cybersecurity Market

The railway cybersecurity market is estimated to be USD 6.2 billion in 2021 and is projected to grow at a CAGR of 9.4% during the forecast period, to reach USD 10.6 billion by 2027.  Various countries have realized that the development of railway infrastructure is …