Electric Construction Equipment Market Projected to reach USD 24.8 billion 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. Strict vehicular emission regulations and high ventilation costs in underground mining drive the development of the Electric …

Electric Motors Market Likely to Boost Future Growth by 2027

Electric Motors Market

The global Electric Motors Market is expected to grow from USD 134.0 billion in 2022 to USD 186.0 billion by 2027, at a CAGR of 6.8% according to a new report by MarketsandMarkets™. This market is mainly driven by increasing investments in electric vehicles and …

Electric Van Market Projected to reach 1,082.9 thousand units by 2030

Electric Van Market

The electric van market is projected to register a CAGR of 33.6% from 2022 to 2030, reaching 1,082.9 thousand units by 2030 from 106.8 thousand units in 2022. Continuous development in battery technologies and an increasing number of e-commerce companies will drive the electric van …

Brushless DC Motor Market will Hit Big Revenues in Near Future

Brushless DC Motor Market

The global brushless DC Motor market size is expected to grow from an estimated USD 9.6 billion in 2020 to USD 15.2 billion by 2025, at a CAGR of 9.5%, during the forecast period. Increasing industrial applications of these motors and surging adoption of brushless DC motors …

Portable Power Station Market will Hit Big Revenues in Near Future

Portable Power Station Market

The global portable power station market size is projected to reach USD 494 million by 2026, from an estimated 358 million in 2021, at a CAGR of 6.7 % during the forecast period. The growth of the market is driven by the increasing use of …

E-Bike Market Opportunities & Prominent Trends by 2026

E-Bike Market

The e-Bike market size is projected to reach USD 80.6 billion by 2027 from an estimated USD 49.7 billion in 2022, at a CAGR of 10.2% from 2022 to 2027. The market is expected to witness growth due to the development of infrastructure for e-Bike …

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 …

Electric Motor Market will Escalate Rapidly 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 …

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 …