The global automotive relay market size was estimated at USD 15.5 billion in 2024 and is projected to reach USD 25.0 billion by 2030, growing at a CAGR of 7.0% from 2025 to 2030. Electric automotive parts have diversified over the past decade, leading to an increase in the number of rela... Read More »
May 2025The global connected car market size was estimated at USD 12,843.0 million in 2024 and is projected to reach USD 26,470.7 million by 2030, growing at a CAGR of 12.8% from 2025 to 2030. The market is being driven by the rising integration of advanced driver assistance systems (ADAS), inte... Read More »
May 2025The global automotive drivetrain market size was estimated at USD 234.77 billion in 2024 and is projected to reach USD 339.89 billion by 2030, growing at a CAGR of 6.9% from 2025 to 2030. The market is driven by several key factors, including the r... Read More »
May 2025The global rail logistics market size was estimated at USD 372.77 billion in 2024 and is projected to grow at a CAGR of 6.6% from 2025 to 2030. The rail logistics industry's growth is driven by several underlying drivers, most notably the growing demand for cost-efficient, bulk transport... Read More »
May 2025The global utility terrain vehicles market size was estimated at USD 7.23 billion in 2024 and is projected to grow at a CAGR of 5.7% from 2025 to 2030. The increasing demand for versatile, off-road-capable vehicles across agriculture, construction, outdoor recreation, and defense sectors... Read More »
May 2025The global autonomous forklift market size is estimated at USD 4.84 billion in 2024 and is projected to reach USD 9.49 billion by 2030, growing at a CAGR of 12.1% from 2025 to 2030. The autonomous forklift market is gaining momentum, driven by growing labor shortages ... Read More »
May 2025The global international express delivery market size was estimated at USD 30.96 billion in 2024 and is projected to reach USD 56.00 billion by 2030, growing at a CAGR of 10.5% from 2025 to 2030. Several key macroeconomic and sector-specific factors have driven the market.... Read More »
May 2025The global forklift rental market size was estimated at USD 6.10 billion in 2024 and is projected to grow at a CAGR of 5.4% from 2025 to 2030. A key driver in the global forklift rental industry is the introduction of stringent government regulations aimed at reducing emissions and impro... Read More »
May 2025The Brazil construction equipment market size was estimated at USD 6.50 billion in 2024 and is projected to grow at a CAGR of 5.7% from 2025 to 2030. Rapid urbanization, steady growth in the construction sector, and a well-established mining industry are the major driving factors fueling... Read More »
May 2025The global armored vehicle market size was estimated at USD 32.41 billion in 2024 and is projected to reach USD 44.56 billion by 2030, growing at a CAGR of 5.4% from 2025 to 2030. Increasing geopolitical tensions and ongoing conflicts across various regions lead countries to allocate sub... Read More »
May 2025The global compact agricultural tractors market size was estimated at USD 17.48 billion in 2024 and is anticipated to reach USD 29.21 billion by 2030, growing at a CAGR of 9.0% from 2025 to 2030. The rising trend of small-scale and precision farming across both d... Read More »
May 2025The global planting equipment market size was estimated at USD 20.65 billion in 2024 and is projected to reach USD 26.65 billion by 2030, growing at a CAGR of 4.7% from 2025 to 2030. The growing trend of farm mechanization, particularly in emerging economies, is driving the growth of the industry.... Read More »
May 2025The global cylinder deactivation system market size was estimated at USD 4.68 billion in 2024 and is projected to reach USD 6.93 billion by 2030, growing at a CAGR of 6.8% from 2025 to 2030. Governments worldwide enforce stricter fuel economy standards and emission norms, prompting autom... Read More »
May 2025The global electric commercial vehicle market size was estimated at USD 85.26 billion in 2024 and is projected to reach USD 235.41 billion by 2030, growing at a CAGR of 18.3% from 2025 to 2030. The electric commercial vehicle industry is undergoing rapid transformation, dr... Read More »
May 2025The global micro electric vehicle market size was estimated at USD 9.84 billion in 2024 and is projected to reach USD 20.26 billion by 2030, growing at a CAGR of 12.9% from 2025 to 2030. Micro electric vehicles (MEVs) are compact, battery-powered vehicles designed for urban environments.... Read More »
May 2025The global electric vehicle power inverter market size was estimated at USD 7.38 billion in 2024 and is expected to grow at a CAGR of 18.6% from 2025 to 2030. One of the primary drivers is the growing adoption of electric vehicles across the globe. With increasing concerns over climate c... Read More »
May 2025The U.S. aerial work platform market size is estimated at USD 6.50 billion in 2024 and is projected to grow at a CAGR of 6.0% from 2025 to 2030. Rapid developments in the logistics and supply chain sector, coupled with the growing focus of e-commerce businesses on constructing warehouses... Read More »
April 2025The global battery management system market size was estimated at USD 8.49 billion in 2024 and is projected to reach USD 31.27 billion by 2030, growing at a CAGR of 25.2% from 2025 to 2030. Battery management systems are widely used in rechargeable batteries mounted in electric vehicles.... Read More »
April 2025The global transportation management system market size was estimated at USD 15.88 billion in 2024 and is estimated to reach USD 41.57 billion by 2030, growing at a CAGR of 17.5% from 2025 to 2030. The factors driving the global transportation management system (TMS) industry include the... Read More »
April 2025The global vehicle subscription market size was valued at USD 6.04 billion in 2024 and is projected to reach USD 26.77 billion by 2030, growing at a CAGR of 28.6% from 2025 to 2030. Vehicle subscription is a flexible alternative to traditional car ownership and leasing, allowing customer... Read More »
April 2025