The outbreak of the COVID-19 pandemic has had a significant impact on the overall aviation industry. The civil aviation industry particularly confronted considerable revenue losses, with revenues plummeting over the year from USD 837.53 billion in 2019 to USD 459.64 billion in 2020 as tr... Read More »
July 2021The global electric passenger cars market size was valued at USD 120.81 billion in 2020 and is expected to expand at a compound annual growth rate (CAGR) of 32.5% from 2021 to 2028. Worldwide, the sales of passenger cars dipped considerably as the automotive industry bore the adverse eff... Read More »
June 2021The global automotive natural gas vehicle market demand was valued at 29,793.76 thousand units in 2020 and is expected to grow at a compound annual growth rate (CAGR) of 3.3% from 2021 to 2028. Natural gas is gaining popularity across the world as an alternative fuel owing to easy availa... Read More »
April 2021Electric Vehicles (EVs) have a lower operational cost than conventional vehicles; however, the cost of electric vehicles is higher. The higher acquisition cost of EVs is associated with the cost of batteries used in these vehicles. The cost of a battery of an EV constitutes around 30 &nd...Read More »
The global halal logistics market size was valued at USD 286.96 billion in 2019. It is expected to expand at a compound annual growth rate (CAGR) of 8.4% from 2020 to 2027. The growing Muslim population increased spending on halal products, and the growing trade of halal food worldwide i... Read More »
December 2020The global connected motorcycle market size was valued at USD 38.9 million in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 48.4% from 2020 to 2027. The automotive sector is witnessing technological advancements in design, electronics, and manufacturing processe... Read More »
September 2020The global automated sortation system market size was valued at USD 4.72 billion in 2019 and is expected to grow at a compound annual growth rate (CAGR) of 5.2% from 2020 to 2027. Automated sortation systems are used to sort numerous products, including consumer goods, luggage, mail, and... Read More »
August 2020The global automotive test equipment market size was valued at USD 2.3 billion in 2019 and is expected to register a compound annual growth rate (CAGR) of 4.5% from 2020 to 2027. The automotive test equipment is used to perform quality control tests to evaluate and ensure the effective p... Read More »
June 2020The global autonomous cranes market is expected to witness growth from 2020 to 2027 owing to the digital transformation and technological advancements. Autonomous systems are gaining momentum across several end-use industries such as construction, electric power industry, agriculture, ma...Read More »
The global automotive logistics market size was valued at USD 141.8 billion in 2019 and is anticipated to grow at a compound annual growth rate (CAGR) of 5.8% from 2020 to 2027. Automotive logistics is referred as warehousing and transportation of finished vehicles and their components a... Read More »
May 2020The exponential outbreak of coronavirus has impelled individuals and businesses to halt their commutable operations and encouraged them to follow social distancing across the globe. With the rising number of the COVID19 positives and infected patients, has driven the demand for necessiti...Read More »
The global Electric Vehicle Supply Equipment market size was valued at USD 18.75 billion in 2019, registering a CAGR of 33.1% from 2020 to 2025. EVSE is supply equipment used for charging electric vehicles in various residential and commercial locations such as homes, corporate offi... Read More »
November 2019The global business jet market size was valued at USD 23.57 billion with an estimated 703 jets delivered in 2018. The market is expected expand at a CAGR of over 3% over the forecast period. Factors such as continuous wealth creation in mature markets as well as the rising penetration of... Read More »
October 2019The global in-car infotainment market size was valued at USD 17,181.7 million in 2018 and is expected to register a CAGR of 12.6% from 2019 to 2025. The growing demand for systems that can facilitate in-car comfort, entertainment, and convenience, including on-demand music, smartphone in... Read More »
July 2019The global vertical mobility market is poised to witness a significant growth rate in the next eight years owing to the benefits such as faster mode of transport, saving time on traffic congestions, and flexibility, among others. Vertical mobility generally requires low infrastructure in...Read More »
The global truck platooning market is projected to grow a substantial CAGR over the forecast period owing to key benefits offered such as reduced operational cost and enhanced vehicle safety. Truck Platooning refers to a convoy of two or more trucks linked to each other using automa...Read More »
The global air taxi market is a well-organized aircraft and is an easy solution to commute over shorter distances. Its compact size and operational capabilities allow it to land and take-off from shorter runways. It is expected to be operated via smaller local airports with less or no ai...Read More »
The global material handling equipment telematics market size was valued at USD 3.18 billion in 2017. It is expected to expand at a CAGR of 11.7% during the forecast period. The industry has witnessed significant developments in the past few years. Technological advancements and increase... Read More »
January 2019The U.S. ceramic brake disc market size was estimated at USD 89.1 million in 2017. It is anticipated to expand at a CAGR of 2.6% over the forecast period. Reduction in unsprung mass in a vehicle and high durability and low maintenance of the product are anticipated to drive adoption of c... Read More »
January 2019The global electric vehicle (EV) range extender market demand was pegged at 247,285 units in 2017 and is likely to exhibit a CAGR of 10.2% from 2018 to 2025. An electric vehicle (EV) range extender includes a variety of components such as generators, battery packs, power converters, and ... Read More »
December 2018