The 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 estimated at USD 110.53 billion in 2022 and is projected to reach USD 285.12 billion by 2030, growing at a CAGR of 13.0% from 2023 to 2030. The market growth is driven by growing advancements in urban projects, government initiatives aimed ... Read More »
January 2023The global marine propulsion engines market was estimated at USD 15,789.3 million in 2022 and is predicted to expand at a CAGR of 4.4% from 2023 to 2030. The marine industry is increasing steadily due to dependency on the ships for transportation of goods required such as natural resources, and consumer supplie... Read More »
January 2023The global railway telematics market size was valued at USD 11.26 billion in 2022 and is expected to reach USD 18.37 billion by 2030, growing at a CAGR of 6.7% from 2023 to 2030. The surge in demand for a safe, secure, and efficient transport system is antic... 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 reach USD 18.02 billion by 2030, growing at a 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 ... Read More »
December 2022The global freight transport market size was estimated at USD 28.66 billionin 2021 and is projected to reach USD 72.97 billion by 2030, growing at a CAGR of 11.3% from 2022 to 2030. The growth of the market is attributed to the reasonable shipping prices assigned by... Read More »
November 2022The global electric power transmission and distribution equipment market size was estimated at USD 202.6 billion in 2021 and is projected to reach USD 326.5 billion by 2030, growing at a CAGR of 5.7% from 2022 to 2030... 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 2022The global light car trailer market size was valued at USD 1.55 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.7% from 2022 to 2030. The growth of the market is primarily attributed to the expansion of the logistics industry, coupled with the incre... Read More »
November 2022Ligament injuries usually occur due to extreme force on the joints due to high-impact events or falls. The most common ligament injuries occur in the ankle, thumb, wrist, knee, neck, or back. The common procedures for the treatment of these injuries include physical therapy and surgical ...Read More »
The global automotive data management market size was valued at USD 1.58 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 20.3% from 2022 to 2030. The market is gaining popularity owing to the increasing demand for connected and autonomous cars worldwi... Read More »
October 2022The global search and rescue helicopter market size was valued at USD 1.91 billion in 2021 and is anticipated to grow at a compound annual growth rate (CAGR) of 4.1% from 2022 to 2030. The increasing demand for advanced search and rescue helicopters by various countries for military, law... Read More »
October 2022The global tractor implements market size was valued at USD 28.69 billion in 2021 and is projected to reach USD 43.50 billion by 2030, growing at a CAGR of 5.0% from 2022 to 2030. Rapid industrialization in the agriculture sector has resulted in increased expenditures on labor-intensive ... Read More »
September 2022The 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 2022