Electronic toll collection (ETC) is a technology used to collect tolls or fees for the use of highways, bridges, and tunnels without requiring drivers to stop and pay in cash or manually swipe a card. Factors such as the increasing need for efficient toll collection systems, growing dema...Read More »
Automotive acoustic engineering services are a subset of engineering services that deals with designing and developing a sound system, noise control, and acoustic components in automobiles. The market for automotive acoustic engineering services consists of companies that sell products a...Read More »
The autonomous truck industry is a rapidly growing sector of the transportation industry with the potential to revolutionize the delivery and transportation of goods. Also known as self-driving trucks, these trucks are equipped with sensors such as cameras, radar, LiDAR, and advanced com...Read More »
Freight trucking is part of the logistics and supply industry, known as the process of transporting heavy goods, commodities, and cargo to different destinations or channels. The vehicles used in the process are heavy-duty and suitable to transport heavy goods in bulk. Different vehicles...Read More »
The global demand for self-driving cars and trucks market size is expected to be approximately 103.4 thousand units in 2022 and is projected to reach USD 3,195.5 thousand units by 2030, growing at a CAGR of 46.8% from 2023 to 2030. The development of a supportive regulatory framework, go... Read More »
April 2023The global dashboard camera market size was estimated at USD 4.03 billion in 2023 and is anticipated to reach USD 7.64 billion by 2030, growing at a CAGR of 9.6% from 2024 to 2030. The industry growth is attributed to the rising awareness about vehicular safety, quicker insurance claims,... Read More »
March 2023The global electric powertrain market size was valued at USD 83.30 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 15.3% from 2023 to 2030. The COVID-19 pandemic has affected the overall automotive industry, leading to a subsequent decline in the grow... Read More »
March 2023The global electric mobility market size was estimated at USD 109,232.0 million in 2022 and is projected to reach USD 325,637.8 million by 2030, growing at a CAGR of 14.6% from 2023 to 2030... Read More »
March 2023The North America e-commerce fulfillment services market size was valued at USD 23,334.14 million in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.9% from 2023 to 2030. Fulfillment service centers allow e-commerce merchants to outsource services such as pro... Read More »
March 2023The global automated fare collection market size was evaluated at USD 10.81 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 14.1% from 2023 to 2030. Automated fare collection (AFC) reduces infrastructural costs by centrally managing the fare collectio... Read More »
February 2023The global smart transportation market size was valued at USD 110.53 billion in 2022 and is expected to expand at a compound annual growth rate (CAGR) of 13.0% from 2023 to 2030. The market growth is driven by growing advancements in urban projects, government initiatives aimed at r... Read More »
January 2023The global marine propulsion engines market was valued at USD 15,789.3 million in 2022 and is predicted to expand at a compound annual growth rate (CAGR) of 4.4% from 2023 to 2030. The marine industry is increasing steadily due to dependency on the ships for transportation of goods requi... Read More »
January 2023The global commercial vehicles market size was estimated at USD 1.35 trillion in 2022 and is projected to register a compound annual growth rate (CAGR) of 3.7% from 2023 to 2030. Implementation of vehicle scrappage programs, aggressive investments in infrastructure development and rural ... Read More »
January 2023The global railway telematics market size was valued at USD 11.26 billion in 2022 and is estimated to register a compound annual growth rate (CAGR) of 6.7% from 2023 to 2030. The surge in demand for a safe, secure, and efficient transport system is anticipated to support the market growt... Read More »
January 2023The global smart parking systems market size was estimated at USD 6.49 billion in 2022 and is anticipated to reach USD 30.16 billion by 2030, growing at a CAGR of 22.1% from 2023 to 2030. The market growth can be attributed to increasing government investment in smart city projects and i... Read More »
January 2023The global modular container market size was valued at USD 26,248.3 million in 2021 and is expected to expand at a CAGR of 7.5% from 2022 to 2030. Modular containers are prefabricated steel structures used as workplaces, hospitals, laboratories, schools, worker camps on construction site... Read More »
December 2022The global automotive charge air cooler market was valued at USD 9.9 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 7.2% from 2022 to 2030. The function of a charge air cooler is to cool the combustion air, thus reducing the temperature to a le... Read More »
December 2022The global freight transport market size was estimated at USD 30,916.4 million in 2022 and is projected to reach USD 72,975.0 million by 2030, growing at a CAGR of 11.3% from 2023 to 2030. The growth of the market is attributed to the reasonable shipping prices assi... Read More »
November 2022The global electric power transmission and distribution equipment market was valued at USD 202.6 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 5.7 % from 2022 to 2030. The advancement in electric power transmission and distribution equipment to fulf... Read More »
November 2022The U.S. semi-trailer dealership market size was valued at USD 8.25 billion in 2021 and is projected to register a Compound Annual Growth Rate (CAGR) of 5.6% from 2022 to 2030. The U.S. Semi- Trailer Dealership market is primarily driven by the expansion of the logistic industry coupled ... Read More »
November 2022