Forklift Market Predicted to Surpass $84.5 Billion by 2027

Forklift Market

The forklift market size is projected to grow from USD 58.9 billion in 2022 to USD 84.5 billion by 2027, at a CAGR of 7.5% for the same period. The increasing demand for forklifts offers many opportunities for rental services of these trucks, refurbished forklifts …

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. This report covers battery swapping market for 2-wheeler, 3-wheeler and 4-wheeler vehicle type and automated and  …

Automotive Cybersecurity Market Projected to reach $6.0 billion by 2028

Automotive Cybersecurity Market

The global automotive cybersecurity market size is projected to grow from USD 2.5 billion in 2023 to USD 6.0 billion by 2028, at a CAGR of 18.5%. The demand for automotive cybersecurity solutions is fueled by the increased use of electronics per vehicle, a growing …

EV Charging Station Market worth $76.9 billion by 2027

EV Charging Station Market

The global EV Charging Station market is projected to grow from USD 11.9 Billion in 2022 to USD 76.9 Billion by 2027, registering a CAGR of 45.0% from 2022 to 2027. The increasing demand for alternative fuel vehicles has fueled the growth of electric vehicles. …

Forklift Market Size, Share, Trends, Top Players and Forecast 2027

Forklift Market

The forklift market size is projected to grow from USD 58.9 billion in 2022 to USD 84.5 billion by 2027, at a CAGR of 7.5% for the same period. The increasing demand for forklifts offers many opportunities for rental services of these trucks, refurbished forklifts …

Recreational Boat Market worth $25.9 billion by 2028

Recreational Boat Market

The global recreational boat market, by value, is estimated to be USD 18.9 billion in 2023 and is projected to reach USD 25.9 billion by 2028, at a CAGR of 6.5% from 2023 to 2028. The recreational boat market is set to benefit from several …

Automotive Turbocharger Market Poised to Reach $22.2 Billion by 2028

Automotive Turbocharger Market

The automotive turbocharger market is projected to grow from USD 15.0 billion in 2023 to USD 22.2 billion by 2028, at a CAGR of 8.1%. The automotive turbocharger market is driven by decreasing emission limits and increased demand for high-performance vehicles. With the shift from …

Automotive Turbocharger Market Projected to reach $22.2 billion by 2028

Automotive Turbocharger Market

The Automotive Turbocharger market is estimated to grow from USD 15.0 billion in 2023 to USD 22.2 billion by 2028 at a CAGR of 8.1% over the forecast period. The growth in the automotive turbocharger market is attributed to the growing fuel-efficiency targets & decreasing …

Exploring the $40.2 Billion Automotive HMI Market’s Future by 2028

Automotive HMI Market

The automotive HMI market is projected to grow from USD 23.9 billion in 2023 to USD 40.2 billion by 2028, at a CAGR of 11.0%. An increase in awareness for driver safety, growing demand for easy accessibility solutions to multiple functions in vehicles, rise in …

Advanced Tires Market Projected Worth of $3.2 Billion by 2030

Advanced Tires Market

The advanced tires market size is projected to reach USD 3.2 billion by 2030 from an estimated USD 1.3 billion in 2023, at a CAGR of 14.4% from 2023 to 2030. The market is projected to expand due to consumers placing an increasing emphasis on …

Terminal Tractor Market Poised to Exceed $1,042 Million by 2027

Terminal Tractor Market

The global terminal tractor market is projected to grow from USD 802 million in 2022 to USD 1,042 million by 2027, at a CAGR of 5.4% during the forecast period. The Warehouse & Logistics segment is expected to be the largest segment during the forecast …

Automotive V2X Market Expected to Surpass $19.5 Billion by 2028

Automotive V2X Market

The global automotive V2X market is projected to grow from USD 2.6 billion in 2022 to USD 19.5 billion by 2028, at a CAGR of 39.7%. Factors such as developments in connected car technology, paired with increasing focus towards traffic safety are expected to augment revenues for …

Electric Vehicle Market Projected to Surpass 39.2 Million Units by 2030

Electric Vehicle Market

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

Electric Bus Market Estimated to Reach $678.3 billion by 2030

Electric Bus Market

The global electric bus market is projected to grow at a CAGR of 41.7% during the forecast period, from an estimated market size of USD 58.9 billion in 2023 to USD 678.3 billion by 2030. The market is driven by factors such as demand for …