The global automotive semiconductor market size was valued at USD 43.26 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 8.1% from 2023 to 2030. Increasing penetration of electronic components in luxury to mass-produced cars, increasing adoption of elect... Read More »
June 2023The global aerial work platform market size was valued at USD 17.46 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 8.9% from 2023 to 2030. The expansion of the construction industry, particularly in emerging economies, is the primary factor driving ... Read More »
June 2023The global public transportation market size was valued at USD 214.54 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 7.6% from 2023 to 2030. The growth of the public transportation market can be attributed to increasing government initiatives grow... Read More »
May 2023The global motor grader market size was valued at USD 3.55 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 5.4% from 2023 to 2030. An increasing number of commercial, public, and residential construction projects and mining activities worldwide contri... Read More »
May 2023The Autonomous Underwater Vehicle (AUV) is an uncrewed submersible vehicle that operates independently, using propulsion systems such as mechanical, electric, or hybrid and is applied in various sectors, including commercial and military applications such as border protection patrol, int...Read More »
The automotive actuators market is a rapidly growing industry that manufactures and sells different actuators used in various automotive applications. Actuators are devices such as electric motors, hydraulic pumps, o-r pneumatic cylinders, that convert energy into motion. They are used i...Read More »
The global luxury electric vehicles market size was valued at USD 158.8 billion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 17.7% from 2023 to 2030. Rising demand for emission-free, air combating fuel efficient, and technologically advanced vehicles is dri... Read More »
May 2023The 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 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 2023Off-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 »
The 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 »
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 »
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 »
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 »
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 »