The 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 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 2022The 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 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 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 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 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 2019