The global electric motorcycle market size is worth USD 30.11 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 19.0% from 2023 to 2030. The market is expected to grow due to increasing demand for energy-efficient commuting options, rising concern for ... Read More »
May 2023The car air purifier market has witnessed significant growth in recent years, driven by various factors including increasing awareness and concern regarding air pollution and its detrimental effects on human health. Vehicle emission and heavy traffic on the roads deteriorate the air quality inside cars which can lea...Read More »
The global electric forklift market size is expected to reach USD 39.15 billion by 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.9% from 2023 to 2030, according to a study conducted by Grand View Research, Inc. The rising application of electric equipment acr... Read More »
May 2023The global automotive telematics market size was valued at USD 49.85 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 16.6% from 2023 to 2030. Increasing demand for high-performance, fuel-efficient, technologically advanced vehicles is increasing the in... Read More »
May 2023The global route optimization software market size was valued at USD 5.69 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.1% from 2023 to 2030. The growth is expected to be propelled by the increasing need for efficient transportation management. As ... Read More »
May 2023The European electric vehicles (EV) market refers to the industry and market segment focused on electric-powered vehicles in Europe. It consists of the production, sale, and adoption of electric cars, electric buses, electric motorcycles, and other electric-powered vehicles across Europe...Read More »
Off-The-Road (OTR) tires are used on heavy machinery at construction, mining, and other sites where roads are unavailable. They are essential for navigating rough terrains like sand, boulders, dirt, rocks, mud, snow, and other uneven surfaces. These tires have specifically designed tread...Read More »
The low-speed vehicle (LSV) market refers to the part of the automotive industry that focuses on vehicles designed for short-distance travel at relatively low speeds. These vehicles are gas-powered or electric and are used in areas where low-speed transportation is needed...Read More »
Automotive wheel plays a crucial role in the functioning of the global automotive sector. Automotive wheels are a vital component of any vehicle, providing essential support, stability, and motion for the vehicle to move efficiently on the road. The wheel market is highly competitive and...Read More »
An automotive camera cleaning system is used to clean dust, ice, and mist present on the lens of the vehicle cameras. Cameras placed at the front and rear sides of the automobile play an important role in terms of information gathering in pictorial and video formats. These cameras get co...Read More »
A used truck is a vehicle that has previously been owned and operated by someone else and is now being offered for sale. The condition of a used truck can vary widely, depending on factors such as age, mileage, and maintenance history. Factors such as the low cost of buying and theincrea...Read More »
The India construction equipment market size was valued at USD 6.66 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 9.0% from 2023 to 2030. Heavy construction equipment plays an essential role in the construction industry as it makes the completion o... Read More »
May 2023The use of wireless electric chargers can save drivers from the hassle of manually plugging their Electric Vehicles (EVs) through cable and make the use of Electric vehicles more convenient and appealing. Moreover, the increasing support and investment from the government for the adoptio...Read More »
A automotive fuel tank is a necessary component of a vehicle’s fuel system that holds diesel or gasoline fuel powering the vehicle’s engine. As there is an increase in population, economic growth, and development in infrastructure vehicle production is growing. The market for...Read More »
The automotive chassis market refers to the industry involved in the production and sale of chassis systems for vehicles. The structural framework that connects and supports all a vehicle's key parts is called the automotive chassis. It covers the steering, braking, and suspension system...Read More »
The growth of the drive by wire market can be attributed to drive by wire systems that improve vehicle fuel efficiency by reducing the weight of mechanical components and enabling more accurate engine and powertrain management. So, automakers trying to boost fuel efficiency have raised t...Read More »
The driveline market refers to the automotive industry that transmits power from the engine to the wheels of the vehicle. The driveline consists of transmission, driveshaft, axels, wheels, and differentials. The driveline is a necessary part of the vehicle and allows the vehicle to move....Read More »
Automotive seats are considered a significant part of a vehicle as they ensure the comfort of drivers and passengers. In addition to that, the use of different types of material and interior components can provide a unique look for the vehicle itself. Therefore, the material used for a s...Read More »
The global logistics automation market size is expected to reach USD 30.90 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 14.7% from 2023 to 2030. Logistics automation includes hardware and software solutions to automate logistics processes such as tra... Read More »
May 2023Connected aircraft refers to increasing connectivity between passengers, in-flight, and ground crew. It uses the Internet of Things (IoT) to improve passenger experience by making flights safer and more entertaining. The advancement in aircraft technology, the emergence of IoT, and incre...Read More »