The global electric mid- & large bus market size is projected to grow from 66,593 units in 2023 and is expected to cross 171,000 units by 2030, at a CAGR of 14.4%. Growing urbanization, population density, and government policies will influence the electric mid- & …
The global automotive axle & propeller shaft market size is projected to grow at a CAGR of 3.2% during the forecast period, to reach a market size of USD 25.4 billion by 2025 from USD 21.7 billion in 2020. Increasing production of heavy commercial vehicles, …
The Low-Carbon Propulsion Market size is projected to grow at a CAGR of 21.5% during the forecast period, to reach 11,640 thousand units by 2027 from an estimated 2,980 thousand units in 2020. The prices of oils are highly uncertain and subject to international market …
The global automotive transmission market worldwide size was valued at $59.9 billion in 2022 and is estimated to achieve a market size of $80.0 billion by 2027, at a CAGR of 6.2 % during the forecast period 2022-2027. The stringent regulations formulated to reduce C02 emissions …
The global semi-autonomous truck market size is projected to grow from 948 thousand units in 2020 to reach 3,254 thousand units by 2025, at a CAGR of 28.0%. The global autonomous truck market size is projected to grow from USD 460 million in 2024 to …
The global ride sharing market was valued at USD 85.8 billion in 2021 and is expected to reach USD 185.1 billion by 2026, at a CAGR of 16.6% during the forecast period 2021-2026. The ride-sharing market has transformed the way we travel, providing convenient and affordable …
The global occupant classification system market is projected to grow at a CAGR of 6.7% to reach USD 2.8 billion by 2025 from an estimated USD 2.0 billion in 2020. The increasing sales of mid-size and luxury vehicles in recent years, which is driven by …
The global cylinder deactivation system market is projected to grow at a CAGR of 1.9%, to reach USD 5.1 billion by 2025 from an estimated USD 4.6 billion in 2020. Factors such as increasing stringency of vehicle emission and fuel economy norms and increasing adoption …
The global body in white market is projected to grow from USD 77.0 billion in 2019 to reach USD 90.5 billion by 2027, at a CAGR of 2.0%. The growth of the body in white market is influenced by the implementation of stringent emission regulations …
The acoustic vehicle alerting system market is projected to reach USD 5,619 million by 2027 from an estimated USD 425 million in 2019 considering the installation of AVAS in passenger car and commercial vehicle, at a CAGR of 38.1% during the forecast period. The growth …
The global electric scooter and motorcycle market, by value, is estimated to be USD 4.9 billion in 2023 and is projected to reach USD 14.7 billion by 2028, at a CAGR of 24.8% from 2023 to 2028. The market for electric scooters and motorcycles is …
The global semi-trailer market was valued at USD 29.5 billion in 2020 and is projected to reach USD 41.2 billion by 2025, growing at a CAGR of 5.6% during the forecast period. The semi trailer market is experiencing unprecedented growth as demand for efficient transportation …
Growth and Trends in the Automotive Diagnostic Scan Tools Market The automotive diagnostic scan tools market is witnessing significant growth, driven by advancements in automotive technology and the increasing complexity of vehicles. As vehicles become more sophisticated, with integrated computer systems and advanced sensors, traditional …
Global Rolling Stock Market Size and Growth The global rolling stock market has witnessed steady growth over the years, driven by factors such as population growth, urbanization, and increasing investments in transportation infrastructure. The global rolling stock market, by value, is estimated to be 54.6 …