Category Archives: Automotive & Transportation

Automotive Axle Market Outlook 2029: Presents Market Insights & Depth Analysis

The global automotive axle market is anticipated to grow at a considerable CAGR of 1.5% during the forecast period (2023-2030). The growing developments in the automotive axle market are driving the growth of the global automotive axle market. For instance, in September 2022, Automotive supplier Hitachi Astemo signed a contract with Honda to manufacture electric axles for […]

Freight Trucking Market Outlook 2029: Presents Market Insights & Depth Analysis

The global freight trucking market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. One of the major factors behind the inclination of the market includes the freight trucking market players undertaking innovations that are making logistic services easy, safe, and economical. Few of the innovations are – Platooning: This method allows […]

Nickel-Cadmium Battery Market Outlook 2029: Presents Market Insights & Depth Analysis

The global nickel-cadmium battery market is anticipated to grow at a considerable CAGR of 0.7% during the forecast period. The market growth is mainly attributed to the use of nickel-cadmium batteries in the healthcare sector across the globe. Hospitals require several types of batteries for powering electronic medical equipment. In hospitals, fetal monitors, pagers, infusion pumps, portable […]

Low-Frequency Sound-Absorbing Insulation Material Market Sluggish Growth Rate Foreseen by 2023-2030

Low-frequency sound-absorbing insulation material market is estimated to grow at a CAGR of nearly 1.6% during the forecast period. Noise is associated with the annoyance experienced by humans owing to the machines and appliances used in everyday activities. Sound is the propagation of a disturbance in a fluid or solid; a wave motion is initiated […]

Automotive Wiring Harness Market to Witness Astonishing Growth by 2029

The global automotive wiring harness market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. Automotive companies are heavily investing in the automotive wiring harness business to cater to the unique electrical demands of electric vehicles (EVs).An automotive wiring harness is a network of wires, cables, and connectors that transmit electrical signals […]

Outboard Electric Motors Market Sluggish Growth Rate Foreseen by 2023-2030

The global outboard electric motors market is anticipated to grow at a CAGR of 5.1% during the forecast period. Growing interest toward recreational water sports activities and rising water-based tourism are the major drivers for recreational boating market growth which has boosted the demand for outboard electric motors for boats. Various types of recreational boats are used […]

Flap Rudder Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

Flap rudder market is anticipated to grow at a CAGR of nearly 4.5% during the forecast period. The demand for marine vessel in fishing is increasing, thereby creating scope for market growth. Seafood consumption due to changing dietary patterns among population is the prominent factor for growth of the fishing sector, hence, driving the flap […]

Freight Trucking Market 2023 Driving Factors Forecast Research 2029

The global freight trucking market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. One of the major factors behind the inclination of the market includes the freight trucking market players undertaking innovations that are making logistic services easy, safe, and economical. Few of the innovations are – Platooning: This method allows […]

Motor Vehicle Insurance Market to Witness Growth Acceleration by 2030

Motor vehicle insurance market is anticipated to grow at a CAGR of 6.2% during the forecast period. Automotive vehicles are expensive products that a person purchases through their life-long earnings. Thus, any damage or loss of this vehicle does not create financial loss but also impacts the mental health of the vehicle owners. Due to […]

Bike Rental Market Will Generate Record Revenue by 2029

Bike rental market is anticipated to grow at a significant CAGR during the forecast period. Increased domestic and international tourism, as well as increased migration of individuals across cities, are driving the market forward. Furthermore, one of the important factors driving the growth of the global bike rental market is technological advancement and increased internet […]

Radial Forging Machine Market Outlook 2029: Presents Market Insights & Depth Analysis

Radial forging machines market size was valued at $160 million in 2022, and is projected to reach $262 million by 2030, registering a CAGR of 7.3% during the forecast period (2023-2030). The market growth can be attributed to the increasing demand for radial forging machines from the automotive industry and other end-user industries. Radial forging machines […]

Usage-based Insurance Market Value Projected to Expand by 2029

Usage-based insurance market is anticipated to grow at a significant CAGR of nearly 27.9% during the forecast period. The major factors that drive the growth of the UBI market include the growing automobile industry across the globe, along with the increasing technological advancements in both developing & developed countries. For instance, In July 2018, the […]

Commercial Drones Market 2023 Driving Factors Forecast Research 2029

Commercial drones market is growing at a CAGR of 17.5% during the forecast period. The factors that augment the growth of the market include increasing demand in varied applications, reduction in size, and technical advancement. Drones are aircraft-flying devices without a human pilot aboard. UAVs are a component of an unmanned aircraft system (UAS) which […]

Online Powersports Market Value Projected to Expand by 2029

The global online powersports market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period. The increasing number of off-road and recreational activities across the globe is one of the prime factors affecting and driving the market for online powersports. There have been increasing trends of formula off-road racing programs such as Britpart […]

Fuel Cell Electric Vehicle Market Will Generate Record Revenue by 2029

The global fuel cell electric vehicle market is anticipated to grow at a considerable CAGR of 2.9% during the forecast period (2023-2030). Some of the primary factors that are fueling the fuel cell vehicle market is the enthusiasm of market players to participate in the competition with their new launches. There are five most exciting fuel cell […]

Automotive Fabric Market Outlook 2029: Presents Market Insights & Depth Analysis

The global automotive fabric market is anticipated to grow at a CAGR of 3.0% during the forecast period.  The major strategic moves such as partnerships, collaborations, invention, and innovation adopted by key market players such as Darlington, Toyota, Seiren Group, Southwest and Fabrics & Foam Products, L.P., lead to higher growth of the market in the coming […]

Automobile Gyroscope Market Is Likely to Experience a Tremendous Growth by 2029

Automobile gyroscope market is expected to grow at a significant CAGR during the forecast period. Gyroscopes are sensors that are used to measure orientation in a variety of devices. Gyroscopes have come a long way since their origin, owing to gradual technological advancements. As a result, they have become one of the most important components […]

Trailer Tires Market Competitive Landscape, Growth Factors, Revenue Analysis by 2029

Trailer Tires Market research involves carrying out thorough research on market to help newly emerging players in making calculated decision regarding which business ideas to follow. It is carried out to assess the viability of novel product or service. There are a few important goals can be accomplished by referring this easy to follow Trailer […]

Reverse Logistics Market 2023 Driving Factors Forecast Research 2029

The global Reverse Logistics market is anticipated to grow at a CAGR of 8.0% during the forecast period (2023-2030). Reverse logistics is the process of managing the flow of products, materials, and information from the point of consumption back to the point of origin. This can include activities such as product returns, recalls, repairs, and recycling. It […]

Retail Logistics Market Will Generate Record Revenue by 2029

The global retail logistics market is anticipated to grow at a substantial CAGR of 12.1% during the forecast period. The increasing e-Commerce market is one of the major reasons for augmenting the retail logistic market during the forecast period. The introduction of prominent e-commerce companies across the globe such as FedEx Corp, and DHL International GmbH, among […]

Usage-based Insurance (UBI) Market Value Projected to Expand by 2029

The global UBI market is anticipated to grow at a CAGR of 27.9% during the forecast period. Due to the increasing demand for usage-based insurance for automotive continues, along with the strong ecosystem is getting created around connected automotive services. This ecosystem involves participants such as automotive IoT and insurance platform providers, data platform and analytics companies, […]

Cargo Insurance Market 2023 Driving Factors Forecast Research 2029

The global cargo insurance market is expected to grow at a significant CAGR during the forecast period. Cargo insurance is a process used for shipment protection from any theft or physical damage and ensures the optimum value of goods against potential losses during the shipment process over air, seas, or land transportation. Cargo insurance offers […]

Compressed Natural Gas (CNG) Truck Market to Witness Growth Acceleration by 2030

The global CNG truck market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period (2023-2030). CNG trucks is a commercial vehicle that utilize compressed natural gas as their fuel source, offering a more environmentally friendly alternative to diesel or gasoline. By emitting fewer pollutants and greenhouse gases, these trucks are becoming increasingly […]

Transportation Security Technology Market Value Projected to Expand by 2029

The global transportation security technology market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. Growing integration of technologies such as artificial intelligence (AI), internet of things (IoT), and 5G are  drastically transforming the public transportation, in terms of efficiency, flexibility, and cost-effectiveness. The growing implementation of automation, IoT,  digital tools for […]

Traffic Management Market 2023 Driving Factors Forecast Research 2029

Traffic management market is expected to grow at a CAGR of nearly 11.5% during the forecast period. The major factors driving the growth of the global traffic management market include the increasing number of vehicles and road traffic injuries globally. According the World Health Organization (WHO), around 1.3 million individuals die every year due to […]

Electric Scooter Lift and Carrier Market to Witness Growth Acceleration by 2028

The global electric scooter lift and carrier market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The rising demand for electric scooters has created the requirement for easy carrying and lifting equipment used for travelling long distances. Moreover, the advantageous features offered by electric scooter lifts and carrier elevators increase its […]

Automated Storage and Retrieval System Market 2023 Driving Factors Forecast Research 2029

Automated storage and retrieval systems (ASRS) are type of warehouse technology in which goods are automatically retrieved and returned to storage. This is typically achieved by combining the technology with Warehouse Execution Software (WES) that manages the process and assists warehouse staff while processing orders. Automated storage is used to increase the efficiency of the warehouse […]

Automotive Varistor Market 2023 Driving Factors Forecast Research 2029

Automotive varistor market is expected to grow at a significant CAGR during the forecast period. The use of IoT has risen dramatically in recent years, resulting in a significant surge in the development of wireless communication devices. These gadgets are made up of a variety of electronic circuits and parts. Varistors are utilised as control […]

Grease Cartridges Market to See Massive Growth by 2029

Grease Cartridges Market is projected to have a considerable CAGR of around 5.0% during the forecast period. A grease cartridge is a metallic nipple that is used in a grease gun for injecting grease into a bearing. A grease cartridge decreases human efforts to a great extent while utilizing grease for machinery equipment, which in […]

Smart Transportation Market to Witness Astonishing Growth by 2029

Smart transportation market is projected to exhibit a significant growth, at a CAGR of around 9.8%, during the forecast period. The major factors responsible for the growth of the smart transportation market includes the growing research and development in the connected technology in transportation, offering a space for the newer trends in the smart transportation […]

Smart Parking Market 2023 Driving Factors Forecast Research 2029

Smart Parking Market is anticipated to grow considerably at a CAGR of 16.5% during the forecast period. The key companies across the globe are adopting different business strategies including expanding their technological advancements, geographic presence, R&D activities, new product approvals, mergers & acquisitions, partnerships, and collaborations to increase market share. Among these, technological advancements are one […]

GCC E-Commerce Logistics Market 2023 Driving Factors Forecast Research 2029

GCC e-commerce logistics market is growing at a considerable CAGR of 3.1% during the forecast period. Enlarging network of railway is one of the prime factors affecting and driving the market. Developed infrastructure in major GCC countries and availability of emigrant workforce is also estimated to be the key factors that are contributing significantly towards […]

Ride-hailing Market to Witness Growth Acceleration by 2029

Ride-hailing market is anticipated to grow significantly at a CAGR during the forecast period.  High smartphone and internet penetration globally will drive the growth of the global ride-hailing market. In addition to this, greater funding to the startups of the ride-hailing and increasing cost of the vehicle will drive the growth of the market. Moreover, […]

FMCG Logistics Market Outlook 2029: Presents Market Insights & Depth Analysis

The global FMCG logistics market is anticipated to grow at a considerable CAGR of 4.6% during the forecast period. The rapid increase in the penetration of e-commerce in FMCG sector will drive the market growth. The e-commerce refers to the purchase and sale of products over the internet. Its potential to provide transparency of inventory status, projected […]

Metal Alloy Market to Signify Strong Growth by 2023-2029

The global metal alloy market is anticipated to grow at a CAGR of 4.77% during the forecast period (2023-2030). Metal alloys are metallic substances formed by fusing or mixing two metals, or non-metal and metal, thereby obtaining a desirable characteristic including strength, hardness, lightness, etc. The key factors driving the metal alloy market include transportation, construction, machinery, […]

Automatic Route Control System Market Analysis, Size, Current Scenario and Future Prospects

Automatic Route Control System Market is expected to grow at a significant CAGR during the forecast period. The Automatic Route Control System (ARCS) is a self-contained automated system that directs the operation of a standard motor vehicle and manages tasks such as delivery or collection of commodities along predetermined routes. In practice, the system monitors […]

North America Smart transportation Market to Witness Growth Acceleration by 2029

North America smart transportation market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the ongoing smart city projects in support with the growing government initiatives through public-private partnership (PPP) model. Moreover, the high adoption of smart connected devices, such as IoT and AI […]

India Smart transportation Market to see Rapid Growth by 2029

India smart transportation market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising support from the governmental bodies for the deployment of advanced technologies for the traffic management. In June 2015, Government of India announced its flagship program ‘Smart Cities Mission’ that […]

European Smart transportation Market Will Generate Record Revenue by 2029

European smart transportation market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising government spending on improving the urban transport and traffic system of the region, especially in UK and France. Moreover, the increasing cross border trade has risen the traffic in […]

Asia-Pacific Smart transportation Market to Witness Growth Acceleration by 2029

Asia-Pacific smart transportation market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the smart city initiatives in the emerging economies of the region, such as China and India. Moreover, the rising urban population and significant penetration rate of IoT and automation technologies in […]

Smart Railway Market Value Projected to Expand by 2029

Smart railway market is anticipated to grow significantly at a CAGR of 4.5% over the forecast period.  The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. […]

Automated Passenger Counting System Market to see Rapid Growth by 2029

The global automated passenger counting system market is anticipated to grow at a considerable CAGR of 11.9% during the forecast period. With the growth in urbanization trends, cities require increasingly reliable, smart, and efficient transportation systems. According to the United Nations (UN), by 2050, around 68% of the global population is expected to be living in urban […]

Dual Clutch Transmission Market 2023 Driving Factors Forecast Research 2029

Dual clutch transmission market is anticipated to grow at a significant CAGR of 5.1 % during the forecast. Rising awareness of low carbon footprint technologies is expected to grow the dual clutch transmission market. Dual clutch transmission systems are effectively improving driver’s experience and are effective for people who are living in congested and unfavorable […]

Small Boat Market 2023 Driving Factors Forecast Research 2029

The global small boat market is anticipated to grow at a considerable CAGR of 3.7% during the forecast period. The modern boat layouts including the Gen-Z category attract customers towards them. Additionally, the integration of advanced technologies including IoT, AI, and smart sensors provides various convenient facilities including GPS tracking and automatic control. Such a […]

Electric Vehicle Power Inverter Market to Witness Growth Acceleration by 2029

The global electric vehicle power inverter market is anticipated to grow at a considerable CAGR of 21.9% during the forecast period. One of the prominent factors for the estimated growth is the growing demand for electric vehicles in the market. The growing awareness about the environment, the importance of electrification of vehicles, and the rising […]

Drone Market Will Generate Record Revenue by 2029

The global drone market is anticipated to grow at a CAGR of around % during the forecast period. The drone is playing a vital role in every industry from inspecting high-rise buildings or to monitoring crops from the sky. Not just for military purposes, drones have now become an essential part of end-user verticals. The […]

Armored Vehicles Market Will Generate Record Revenue by 2029

The global armored vehicles market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2023-2029). One of the crucial factors that have been boosting the market growth is the growing military activities between countries for strengthening the security of the nations. Such military collaboration has been increased in the past few years […]

Automotive Acceleration Sensor Market 2023 Driving Factors Forecast Research 2029

 Automotive acceleration sensor market is expected to grow at a significant CAGR during the forecast period. Accelerometers are used in a variety of safety systems in modern automobiles. Airbags are activated by abrupt braking during an accident. Automotive gyroscopes, on the other hand, are used for a variety of functions in advanced cars and are […]

2-5 MP High-Speed Camera Market Value Projected to Expand by 2029

The global 2-5 MP high-speed camera market is expected to grow at a significant CAGR during the forecast period. A high-speed camera is an image capture device capable of recording pictures at speeds of up to 250 frames per second. The picture exposure is more than 1/1,000. Fast-moving objects are captured using high-speed cameras and […]

E-Cargo Bike Market Will Generate Record Revenue by 2029

E-cargo bike market is anticipated to grow at a considerable CAGR of 27.6% during the forecast period. The e-cargo bike market has been growing in the past few years exponentially. With continuously increasing market players, the competition in the market is evident and growing. This has increased the multiple options for the user with the […]

Last Mile Delivery Market 2023 Driving Factors Forecast Research 2029

The global last mile delivery market is anticipated to grow at a CAGR of 8.5% during the forecast period (2023-2030). The growth of the global last mile delivery market is contributed to the increasing partnerships among key players to expand geographical reach. For instance, in June 2023, SpiceXpress and Logistics Pvt. Ltd. partnered with Ekart, a supply […]

Automated Guided Vehicle Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

Automated guided vehicle market is anticipated to grow at a CAGR of 31.5% during the forecast period (2023-2030). The high labour costs and the growing trend of automation and robotics in several industries across the globe is driving the global automated guided vehicles market. The lack of manpower in developed countries has led to a […]

Aeronautical Telecommunication Market Value Projected to Expand by 2029

Aeronautical telecommunication market is expected to grow at a significant CAGR during the forecast period. The Aeronautical Telecommunication Network (ATN) is an internetwork architecture that enables ground-to-ground, air-to-ground, and avionic data subnetworks to communicate using common interface services and protocols based on the ISO OSI Reference Model. All radios, navigation aids, and other telecommunication equipment […]

Pneumatic Tires Market to Witness Growth Acceleration by 2029

Pneumatic Tires Market  is anticipated to grow at a CAGR 6.7% during the forecast period. Pneumatic tires are largely used in the automobile industry owing to enhanced performance features in terms of fuel economy, good traction and efficiency. Moreover, the rapid increase in disposable income of consumers and changing lifestyles are anticipated to drive the […]

Marine Interiors Market Will Generate Record Revenue by 2029

The global marine interior market is anticipated to grow at a CAGR of 10.1% during the forecast period. The growing demand for luxury yachts and ships along with the increasing number of aged ships led to a surge in refurbishment programs across the globe. Several key market players are providing refurbishment services to stay competitive in the […]

Automotive 3PL Market to Witness Growth Acceleration by 2029

Automotive 3PL market is anticipated to grow at a considerable CAGR of 6.0% during the forecast period (2023-2029). In August 2021, Germany reached its target of one million registered battery-electric and plug-in hybrid vehicles, as per the government resources. According to the German Association of the Automotive Industry (VDA), electric vehicles accounted for 30.4% of […]

Diesel Exhaust Fluid (DEF) Market to Witness Growth Acceleration by 2029

The global DEF market is anticipated to grow at a considerable CAGR of 6.9% during the forecast period. One of the most rising segments in the vehicle industry is the SUV segment, which is fueling the growth of the DEF market. SUVs are highly useful and have been increasing as the family vehicle in the past few […]

US Automotive Heat Shield Market Outlook 2029: Presents Market Insights & Depth Analysis

The US automotive heat shield market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising sales statistics of passenger vehicles in the US along with the continuous focus of the government on the roll-out of electric vehicles. For instance, Tesla Inc. […]

North America Automotive Heat Shield Market to Witness Robust Expansion by 2029

The North America automotive heat shield market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the continuous rise in disposable income, leading to the rise in sales statistics of passenger vehicles in North America, primarily in the US. However, the outbreak of […]

India Automotive Heat Shield Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

The India automotive heat shield market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising production of passenger vehicles, electric vehicles, and on-road vehicle bases in the country. In 2018, the country projected a 8.0% increase in the production of automotive […]

Germany Automotive Heat Shield Market 2023 Driving Factors Forecast Research 2029

Germany automotive heat shield market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the presence of the leading automotive manufacturers, such as Audi, BMW, in the country. Moreover, the initiatives for the roll-out of electric vehicles in Germany is further expected to […]

Europe Automotive Heat Shield Market to Witness Growth Acceleration by 2029

The European automotive heat shield market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the presence of a range of automotive manufacturers, such as Audi, BMW, Ford Chevrolet, Porsche, and Volkswagen. Moreover, the continuous announcement of several governments in the European region […]

Asia-Pacific Automotive Heat Shield Market Analysis, Size, Current Scenario and Future Prospects

The Asia-Pacific automotive heat shield market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the presence of the largest producer of automotive ‘China’, and the continuously evolving economies, such as India and Indonesia, in terms of vehicle production. However, the outbreak of […]

Usage-based Insurance (UBI) Market Analysis, Size, Current Scenario and Future Prospects

The global UBI market is anticipated to grow at a CAGR of 27.9% during the forecast period. Due to the increasing demand for usage-based insurance for automotive continues, along with the strong ecosystem is getting created around connected automotive services. This ecosystem involves participants such as automotive IoT and insurance platform providers, data platform and analytics companies, […]

Hands-free Power Liftgate Market to Witness Growth Acceleration by 2029

Hands-free power liftgate market is anticipated to grow at a significant CAGR of 8.1% during the forecast period. One of the crucial factors that are fueling the market is the growing technology and its demands. Technology has been growing exponentially over the years, and in the past few years, competitiveness in the market has fuelled […]

E-Commerce Logistics Market to Witness Growth Acceleration by 2029

The global e-commerce logistics market is growing at a CAGR of 15.2% during the forecast period. The major factors that are enlarging the growth of the e-commerce logistics market include the rising companies’ focus on geographical expansion and the growing e-commerce industry are some major factors that are contributing significantly towards the growth of the […]

Autopilot Systems Market Analysis, Size, Current Scenario and Future Prospects

The global autopilot systems market size was valued at $4.4 billion in 2022, and is projected to reach $6.3 billion by 2030, registering a CAGR of 5.4% during the forecast period (2023-2030). An autopilot system is used to automate the process of guiding and controlling the aircraft. A typical autopilot system can automate multiple tasks, such as […]

Baggage Handling Systems Market Analysis, Size, Current Scenario and Future Prospects

The global baggage handling systems market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period. To cater the fastest air traffic growth automation in the baggage handling systems across the globe is a key factor contributing to the growth of the global baggage handling systems market. For instance, considering the increase in […]

Automotive Wiring Harness Market Outlook 2029: Presents Market Insights & Depth Analysis

The global automotive wiring harness market is anticipated to grow at a considerable CAGR of 5.2% during the forecast period. Automotive companies are heavily investing in the automotive wiring harness business to cater to the unique electrical demands of electric vehicles (EVs).An automotive wiring harness is a network of wires, cables, and connectors that transmit electrical signals […]

Trade Finance Market to Witness Growth Acceleration by 2029

Trade finance market is anticipated to grow at a CAGR of 7.5% during the forecast period. Trade finance can help reduce the risk associated with global trade by reconciling the divergent needs of an exporter and importer.  The rise in the need for safety and security of trading activities, surge in adoption of trade finance […]

Automotive Speaker Market to See Massive Growth by 2029

The global automotive speaker market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period. The growing adoption of advanced technologies in automotive industry will propel the market growth. The consumers are seeking for more cutting-edge features in their audio systems, such as those that are energy-efficient, touchscreen-optimized, Bluetooth-enabled, navigation system and have […]

Forklift Truck Market to Witness Growth Acceleration by 2029

The global forklift truck market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The primary factor fueling the market growth is the active participation of key market companies. The market players are consistently growing the competition in the market via their new launches, innovations, and collaborations which are contributing to the […]

Environmental Test Chambers Market to Signify Strong Growth by 2023-2029

The global environmental test chambers market is anticipated to grow at a significant CAGR of 3.5% during the forecast period. The growth of the market is attributed to the growing demand from end-user industries such as automotive, aerospace, and defense for customized chambers. Environmental test chambers play a major role in testing the effects of indicated environmental […]

Power Sports Batteries Market to see Huge Growth by 2029

Power sports batteries market is anticipated to grow at a CAGR of 5.8% during the forecast period. The major strategic moves such as partnerships, collaborations, and geographical expansion adopted by key market players such as Clarios, Exide Technologies, and Crown Battery, among others, lead to higher growth of the market in the coming year. Recent […]

Shock Absorber Market 2023 Driving Factors Forecast Research 2029

The global shock absorber market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. One of the major factors that are growing the market includes technological advancement in the shock-absorbing industry which is supporting in the improvement of a vehicle’s performance, and consumers’ experience. Over the past few years, the demand for […]

Ship Radar Market 2023 Driving Factors Forecast Research 2029

Ship Radar Market is anticipated to grow at a significant CAGR during the forecast period. The major factor that is fuelling the global ship radar market includes the rise in the inclusion of advanced marine radar systems, to fulfil the surge in demand for weapon guidance application as well as navigation purposes at sea in […]

Animation and VFX Market to see Huge Growth by 2029

Animation and VFX Market is estimated to grow at a considerable CAGR of around 10% during the forecast period. Animation and VFX Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having […]

Automotive HUD Market to Witness Growth Acceleration by 2029

Automotive HUD Market is a transparent screen that displays useful information without requiring users to look away from their usual viewpoints. A HUD also has got an advantage that the user does not have to refocus to view the outside after looking at the optically nearer instruments. HUDs have been intensively used in luxury vehicles […]

Reusable Launch Vehicles Market Will Generate Record Revenue by 2029

The global reusable launch vehicles market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. One of the core factors that is boosting market growth is the active participation of market players. The companies of space exploration have been flourishing across the globe for their R&D developments and satellite programs for study, […]

Intelligent Airways Transportation System Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

Intelligent airways transportation system market is anticipated to grow at a significant CAGR during the forecast period. The Intelligent Airways Transportation System (IATS) enables airlines to better manage aviation operations through the use of information technology (IT). The primary purpose of Intelligent Airways Transportation System technology is to give passengers a pleasant flying experience and […]

Bus card reader market is thriving worldwide by 2029

Bus card reader market is estimated to grow at a CAGR of 7.2% during the forecast period. The major factors contributing to the growth of the market include the growing implementation of smart card technology across public transport buses coupled with the increasing focus on the development of transportation infrastructure. Public bus transport buses are […]

Airport Ground Handling Systems Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

The global airport ground handling systems market is anticipated to grow at a CAGR of 4.1% during the forecast period. The demand for electric ground handling systems is increasing to control CO2 emissions. Key players are also focusing on developing and testing new eco-friendly (electric) equipment to cater to the demand and stay competitive in the market. […]

Air Spring Market to Witness Robust Expansion by 2029

Air Spring Market are a type of suspension systems used for providing smooth braking systems in automobiles. Air Spring Market research report allows making important decision making essential for business growth. It helps key participants further in applying right business ideas to grow business and choose the right business doing strategy. Having complete understanding of […]

Turbocharger Market 2023 Driving Factors Forecast Research 2029

The global turbocharger market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period. One of the key factors that are fueling the market is the growing competitiveness between the market players. With several key players in the market, companies are advancing, innovating, and launching new products to stay in the competition. For […]

Hybrid Drivetrain Market Analysis, Size, Current Scenario and Future Prospects

The global hybrid drivetrain market is anticipated to grow at a considerable CAGR of 26.5% during the forecast period. The advancement in technology is expected to fuel the global hybrid drivetrain market. Due to advanced technology in EVs there are several plug-in hybrid and battery EV options available in the market and various companies are launching new […]

Road Haulage Market Booming Worldwide with Latest Trend and Future Scope by 2029

The global road haulage market is anticipated to grow at a CAGR of 5.5% during the forecast period (2023-2030). Among the various factors that drive the road haulage market, fuel efficiency has emerged as the most critical one. The more efficient a vehicle is, the less fuel it consumes, which translates into lower costs for the haulage […]

IT Spending in Transportation Market to Witness Robust Expansion by 2029

The global IT spending in transportation market is expected to grow at a significant CAGR during the forecast period. It is defined as an investment or spending in the transportation system and its related activities in terms of devices and solutions. IT spending has been increasing across several transportation modes including airways, roadways, railways and […]

Used Car Market to see Huge Growth by 2029

The global used car market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the key factors that are boosting the market is the increasing blockchain feature in the vehicle industry for saving the driving history of the vehicle. Such a system has become popular in recent years as it […]

Terminal Tractor Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

The global terminal tractor market is anticipated to grow significantly at a CAGR of 4.8% over the forecast period. According to Environment Defense Fund, the delivery trucks and tractors are responsible for nearly half of the nitrogen oxide emissions, and about 7% of overall greenhouse gas emissions. To reduce the emissions, the companies are inclined towards manufacturing […]

Robotaxi Market Value Projected to Expand by 2029

Robotaxi Market is anticipated to exhibit significant CAGR of 109.5% during the forecast period. The real-time viability of robotaxi being a safe way of transportation of passenger or goods is of key importance for its adoption as a mode of transportation in hi-tech cities. Therefore, the significant rise in the number of pilot projects to identify […]

Truck Engines Market Booming Worldwide with Latest Trend and Future Scope by 2029

The global truck engine market is anticipated to grow at a considerable CAGR of 5.5% during the forecast period. The growth is attributed owing to the increase in development and launch of new technology truck engines that incorporate state-of-the-art features such as improved fuel efficiency, reduced emissions, and enhanced performance capabilities. These engines offer increased reliability, durability, […]

Lobster Dining Car Market Competitive Landscape, Growth Factors, Revenue Analysis by 2029

The global lobster dining car market is expected to grow at a significant CAGR during the forecast period. The major factors propelling the growth of the global lobster dining car market include the rising awareness about the benefits of seafood and ready-to-eat food. Lobsters are rich in Copper, phosphorus, zinc, omega-3 fatty acids, magnesium, and […]

Variable Valve Timing (VVT) and Start-Stop System Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

The global variable valve timing (VVT) and start-stop system market is anticipated to grow at a CAGR of 18.5% during the forecast period. VVT is the process of altering the timing of a valve lift event and is often used to improve performance, fuel economy, or emissions. By adjusting the valves, it can make the engine more […]

Automotive Interior Materials Market Outlook 2029: Presents Market Insights & Depth Analysis

The global automotive interior materials market is anticipated to grow at a CAGR of 4.1% during the forecast period. In recent years travelling among people is becoming common, which resulted in the increased expectation of automotive interior designs with comfortable seating. Hence, the key companies in the market are offering customizations to create innovative interiors as per […]

Rising Demand to Bluetooth Beacons Market Key Players, Growth Analysis during 2023-2029

Bluetooth Beacons Market is expected to grow at a significant CAGR during the forecast period. Bluetooth beacons are a type of short-range wireless communication technology. BLE beacons are ideal for applications that require a regular data transfer and need to save a lot of battery power. BLE beacon technology is being used in a variety […]

Rising Demand to Automotive Sunroof Market Key Players, Growth Analysis during 2023-2029

The global automotive sunroof market is anticipated to grow at a considerable CAGR of 9.4% during the forecast period. In the past few years, the automotive sunroof’s demand has grown exponentially in the Indian vehicle market which is impacting the global automotive sunroof market owing to the huge population, and growing economy of the country has increased […]

Road Safety Market to Witness Growth Acceleration by 2029

  The global road safety market is expected to witness a significant growth rate of 8.9% during the forecast period. Rising fatalities owing to the increasing road accidents is one of the solutions factors which is encouraging the government to adopt road safety solutions. As per the World Health Organization (WHO), road accident is the […]

GPS Bike Computer Market Worldwide Industry Analysis, Future Demand and Forecast till 2029

The global GPS bike computer market is anticipated to grow at a significant CAGR during the forecast period. A bike computer is a device that is mounted on a bicycle and displays and calculates trip data. It’s similar to the speedometer/odometer found on a car’s dashboard. The device is put on the handlebar so that […]

Electric Commercial Truck Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

The global electric commercial truck market is anticipated to grow at a considerable CAGR of 22.3 % during the forecast period. The reducing cost of EV batteries will make trucks more affordable and will help to increase demand, which will gear up the electric commercial truck market during the forecast period. Government strictness, companies are pushed to […]

Convertible Roof System Market to see Huge Growth by 2029

The global convertible roof system market is anticipated to grow at a considerable CAGR of 3.9% during the forecast period. The convertible roof top vehicle has been driven by the consistent development in the technologies and the new vehicle launches in the market. This constant participation of the market players has been making the market […]