The North America intelligent traffic management system market size was valued at USD 3.73 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11.5% from 2022 to 2030. The increasing demand to reduce traffic congestion and improve road safety are some fac... Read More »
June 2022The global automotive axle market size was valued at USD 61.19 billion in 2021 and is projected to register a compound annual growth rate (CAGR) of 1.5% from 2022 to 2030. Factors such as growing demand for heavy duty commercial vehicles such as long trailers used to carry over size load... Read More »
June 2022The Europe electric forklift market size was valued at USD 15.30 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 13.0% from 2022 to 2030. Increasing demand for electric forklifts from the chemical, food & beverage, and logistics sectors for material handling operations is exp... Read More »
June 2022The global automotive engine market size was worth USD 94.8 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 2.5% from 2022 to 2030. The demand for the automotive engine is directly dependent on automotive production. Thus, increasing sales of passenge... Read More »
June 2022The global cargo bicycles market size was valued at USD 1,838.3 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 22.3% from 2022 to 2030. Increased demand for fleets for freight delivery, coupled with the need for environmentally safe transport alterna... Read More »
June 2022The global CNG powertrain market size was valued at USD 71.99 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 17.2% from 2022 to 2030. A growing need for an alternative transitional fuel leads toward the net-zero carbon emissions goal. Compressed Natu... Read More »
June 2022The global medium cars market size was valued at USD 235.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 6.4% from 2022 to 2028. Medium cars or compact cars are gaining popularity as consumers are highly inclined towards having cost-effective, conve... Read More »
May 2022The global pickup trucks market size was valued at USD 222.79 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 1.6% from 2022 to 2028. The global market is majorly driven by the rising affordability due to growing disposable income, a high number of prod... Read More »
May 2022The global on-road motorcycles market size was valued at USD 56.8 billion in 2021 and is estimated to expand at a compound annual growth rate (CAGR) of 6.1% from 2022 to 2028. The rising focus by manufacturers on manufacturing high-performance and comfortable on-road motorcycles is the k... Read More »
May 2022The global e-scooter sharing market size was valued at USD 925.3 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 18.8% from 2022 to 2028. The growth of the market can be largely attributed to the growing popularity and the increasing demand for shared... Read More »
May 2022The global bicycle trip market size was valued at USD 1,022.6 million in 2021 and is anticipated to expand at a compound annual growth rate (CAGR) of 13.2% from 2022 to 2030. The tourism and adventure sector has risen significantly in recent years and is anticipated to grow further. Cycl... Read More »
May 2022The global train market size was valued at USD 66.4 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) 3.8% from 2022 to 2028. Technological developments and expansion of rail network across the world are the major drivers to the train market. ... Read More »
May 2022The global motorcycles market size was valued at USD 104.1 billion in 2021 and is estimated to rise at a compound annual growth rate (CAGR) of 7.4% from 2022 to 2028. The launch of effective products, the surge in sportbike users, and the rising trend of customization are the key factors... Read More »
May 2022The global shared vehicles market size was valued at USD 127.9 billion in 2021 and is expected to expand at a CAGR of 14.4% from 2022 to 2028. Increasing inclination toward shared vehicles as they are flexible, convenient, and saves travel cost are the factors expected to propel the mark... Read More »
May 2022The global minivans market size was valued at USD 100.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 2.9% from 2022 to 2028. Increasing disposable income, affordability, and spending on passenger vehicles are major factors influencing the market gr... Read More »
May 2022The global buses market size was valued at USD 13.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 9.7% from 2022 to 2028. The market is significantly driven by the developments and investments in the transport area in the emerging countries includin... Read More »
May 2022The global large SUVs market size was valued at USD 322.7 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 0.5% from 2022 to 2028. The market is majorly driven by the increasing demand from the Middle East and Europe, attributed to the rising popularit... Read More »
May 2022The global small SUVs market size was valued at USD 551.2 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 0.33% from 2022 to 2028. Small SUVs market growth is substantially credited to the rising popularity of the SUVs. Sport utility vehicles or SUVs ... Read More »
May 2022The Africa electric scooter market size was valued at USD 20.7 million in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 7.5% from 2022 to 2030. Rapid urbanization, high fuel prices, and increasing vehicular pollution encourage people to switch from Internal Co... Read More »
May 2022The U.S. retail logistics market size was valued at USD 43.17 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 11.0% from 2022 to 2030. The escalating demand for retail logistics across the U.S. due to the pandemic is expected to propel market growth i... Read More »
May 2022