The global Energy Management Systems Market is projected to reach USD 75.6 billion in 2028 from USD 40.7 billion in 2023 at a CAGR of 13.2% according to a new report by MarketsandMarkets™. EMS determines the most cost-effective configuration for power production, transmission, and distribution …
The global electric bus market is expected to grow from USD 58.9 million in 2023 to USD 678.3 billion by 2030. The increasing demand for electric buses is driven by various factors, including government initiatives and subsidies for electric vehicle adoption, advancements in battery technology, …
The global automotive conformal coatings market post-COVID-19 is projected to reach USD 2.7 billion by 2025 from USD 1.8 billion in 2020, at a CAGR of 8.7%. The growth of this market is primarily driven by the increasing automotive electronics in vehicles and various technological …
The global ride-sharing market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026. Increasing the daily commute of passengers for short-distance city travel, constantly increasing fuel prices, …
The Semi-Trailer Market is estimated to be USD 29.5 billion in 2020 and is projected to grow to USD 41.2 billion by 2025, at a CAGR of 5.6% during the forecast period. The semi-trailer market is primarily driven by the ever-growing need for improved transportation …
The Driving Simulator Market is projected to grow at a CAGR of 7.2% from USD 1.5 billion in 2020 to USD 2.1 billion by 2025. The growth of the driving simulator market can be attributed to the increasing demand of skilled drivers due to high …
The global automotive turbocharger market is projected to reach USD 22.2 billion by 2028 from USD 15.0 billion in 2023, at a CAGR of 8.1%. The growth in the automotive turbocharger industry is mainly driven by stringent emission regulations with reduced emission limits & increased …
The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%. The growing demand of safer, efficient and fuel efficient mobility alternative is expected to drive the demand for automotive …
The Asia Pacific Electric Three-Wheeler Market is projected to grow from USD 813 million in 2023 to USD 892 million by 2028, registering a CAGR of 1.9%. Due to several factors, the electric three-wheeler market is gaining popularity in the Asia Pacific region. Firstly, electric …
The micromotor market is projected to grow from USD 44.8 billion in 2023 to USD 68.3 billion by 2028, at a CAGR of 8.8% during the forecast period. Micromotors have wide applications in automotives, medical equipment, agriculture equipment system, aircraft systems, industrial automation processes, etc. …
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. With the growth in automotive industry, there has been rise in the air pollution. To …
The Euro 7 regulations compliant market is estimated to grow from 13.6 million units in 2026 to 14.1 million units by 2035 at a CAGR of 0.4% from 2026 to 2035. The European Commission has been focusing on technologies that will help achieve the goal …
The sensor market for automated vehicles is projected to grow from USD 0.4 billion in 2022 to USD 19.1 billion by 2030, registering a CAGR of 62.6%. The growing demand of safer, efficient and fuel-efficient vehicles are expected to increase the demand for automated vehicles …
The global recreational boat market, by value, is estimated to be 18.9 USD Billion in 2023 and is projected to reach 25.9 USD Billion by 2028, at a CAGR of 6.5% from 2023 to 2028. In the near future, demand for recreational boat is expected …