The global electric three wheeler market size was valued at USD 829.5 million in 2021 and is expected to reach USD 1.57 billion by 2030, growing at a compound annual growth rate (CAGR) of 7.5 % from 2022 to 2030. The market is expected to experience growth owing to the rising inclination... Read More »
August 2022The global catamaran market size was estimated at USD 1.35 billion in 2021 and is projected to reach USD 2.23 billion by 2030, growing at a CAGR of 5.8% from 2022 to 2030. The increased disposable income of citizens, as well as an increase in cruising and racing events, are some of the f... Read More »
August 2022The 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 estimated at USD 94.8 billion in 2021 and is projected to reach USD 118.2 billion by 2028, growing at a CAGR of 2.5% from 2022 to 2030. The demand for the automotive engine is directly dependent on automotive production. Thus, increasing ... Read More »
June 2022The global cargo bicycles market size was valued at USD 1,838.3 million in 2021 and is expected to reach USD 12,061.0 million by 2030, growing at a CAGR of 22.3% from 2022 to 2030. Increased demand for fleets for freight delivery, coupled with the need for environmentally safe ... 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 projected to reach USD 363.1 billion by 2028, growing at a CAGR of 6.4% from 2022 to 2028. Medium cars or compact cars are gaining popularity as consumers are highly inclined towards having cost-effect... Read More »
May 2022The global on-road motorcycles market size was valued at USD 56.8 billion in 2021 and is projected to reach USD 86.0 billion by 2028, growing at a CAGR of 6.1% from 2022 to 2028. The rising focus by manufacturers on manufacturing high-per... Read More »
May 2022The global e-scooter sharing market size was estimated at USD 925.3 million in 2021 and is expected to expand at a CAGR of 18.8% from 2022 to 2028. This market growth can be largely attributed to the growing popularity and the increasing demand for shared micro-mobility.... Read More »
May 2022The global train market size was valued at USD 66.4 billion in 2021 and is expected to reach USD 86.0 billion by 2028, expanding 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 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 motorcycles market size was valued at USD 104.1 billion in 2021 and is projected to reach USD 171.5 billion by 2030, growing at a 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 ... Read More »
May 2022The global buses market size was valued at USD 13.6 billion in 2021 and is projected to reach USD 26.0 billion by 2028, growing at a 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... Read More »
May 2022The global large SUVs market size was valued at USD 322.7 billion in 2021 and is projected to reach USD 334.3 billion by 2028, growing at a 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 popu... Read More »
May 2022The global minivans market size was valued at USD 100.7 billion in 2021 and is estimated to reach USD 122.7 billion by 2028, expanding 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 ... Read More »
May 2022The global small SUVs market size was valued at USD 551.2 billion in 2021 and is projected to reach USD 564.1 billion by 2028, growing at a CAGR of 0.33% from 2022 to 2028. Small SUVs market growth is substantially credited to the rising popularity of the SUVs.... 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 2022The global on-highway vehicle lighting market size was valued at USD 26.98 billion in 2021 and is projected to expand at a compound annual growth rate (CAGR) of 4.9% from 2022 to 2030. The growing penetration of LED lighting in the automotive industry along with rising sales of commercia... Read More »
April 2022