The global vehicle scanner market size was estimated at USD 2.34 billion in 2023 and is projected to grow at a CAGR of 5.3% from 2024 to 2030. Increasing concerns about security and the need for effective vehicle inspection systems are propelling the demand for market growth. The rise in... Read More »
August 2024The global automotive x-by-wire systems market size was estimated at USD 22.96 billion in 2023 and is projected to grow at a CAGR of 14.4% from 2024 to 2030. The emergence of advanced driver assistance systems and the increasing levels of vehicle automation is expected to increase the de... Read More »
August 2024The global degaussing system market size was estimated at USD 985.3 million in 2023 and is expected to grow at a CAGR of 6.0% from 2024 to 2030. The key market drivers are the increasing need for naval fleet protection against modern threats such as magnetic mines and advanced torpedoes.... Read More »
July 2024The global passenger cars market size was estimated at USD 3,415.11 billion in 2023 and is anticipated to grow at a CAGR of 16.2% from 2024 to 2030. The market growth is attributed to the rapid development and integration of Advanced Driver Assistance Systems (ADAS) and autonomous drivin... Read More »
July 2024The global automotive multi-camera system market size was estimated at USD 2.53 billion in 2023 and is projected to grow at a CAGR of 14.7% from 2024 to 2030. The increasing emphasis on Advanced Driver-Assistance Systems (ADAS) is a major factor is a major factor contributing to the mark... Read More »
July 2024The global integrated marine automation system market size was estimated at USD 6.06 billion in 2023 and is expected to grow at a CAGR of 8.9% from 2024 to 2030. The maritime industry is experiencing a significant shift towards increased efficiency, safety, and environmental sustainabili... Read More »
July 2024The global automotive hydraulics system market size was estimated at USD 43.71 billion in 2023 and is expected to expand at a CAGR of 3.9% from 2024 to 2030. The rising demand for commercial vehicles, spurred by economic expansion, urbanization trends, and heightened transportation requi... Read More »
July 2024The global automotive engine valve market size was estimated at USD 5.26 billion in 2023 and is expected to grow at a CAGR of 4.5% from 2024 to 2030. Increasing vehicle production in global emerging markets, is fueling demand for engine valves as automakers strive to meet growing consume... Read More »
July 2024The global automotive gear shifter market size was estimated at USD 14.21 billion in 2023 and is anticipated to grow at a CAGR of 9.0% from 2024 to 2030. One of the most notable trends in the market is the shift towards electronic gear shifters. Unlike traditional mechanical gear shifter... Read More »
July 2024The global parcel sortation systems market size was estimated at USD 2.01 billion in 2023 and is expected to grow at a CAGR of 9.3% from 2024 to 2030. Parcel sortation systems automate the process of segregating and routing packages within warehouses and distribution centers.... Read More »
July 2024The global automotive supercharger market size was estimated at USD 7.82 billion in 2023 and is anticipated to grow at a CAGR of 4.5% from 2024 to 2030. As there is rising demand for high-performance and efficient vehicles is creating demand for superchargers. Ongoing advancements in tec... Read More »
July 2024The global hybrid train market size was estimated at USD 20.67 billion in 2023 and is expected to grow at a CAGR of 6.9% from 2024 to 2030. The increasing focus on sustainability across the global transportation sector and technological advancements in hybrid train propulsion systems and... Read More »
July 2024The global luxury SUV market size was estimated at USD 171.88 billion in 2023 and is expected to grow at a CAGR of 18.1% from 2024 to 2030. The market growth can be attributed to a combination of advanced technology, superior comfort, and enhanced performance. ... Read More »
July 2024The global vessel traffic management system market size was valued at USD 6.12 billion in 2023 and is expected to grow at a CAGR of 7.5% from 2024 to 2030. Vessel traffic management systems (VTMS) are a cornerstone of modern port operations, playing a vital role in ensuring safe and effi... Read More »
July 2024The global automotive over-the-air updates market size was valued at USD 4.21 billion in 2023 and is expected to grow a CAGR of 21.3% from 2024 to 2030. The growth is attributed to the rising number of connected cars and electric vehicles. As the number of these software-dependent automo... Read More »
July 2024Marine electronics is a term used for electronic devices built up for marine environment on board ships and yacht. The devices include marine VHF radio, autopilot, chartplotter, self-steering gear, fishfinder, marine radar, GPS, fiber optic gyrocompass, marine fuel management and satelli... Read More »
July 2024The global electric cargo bikes market size was estimated at USD 1.20 billion in 2023 and is expected to grow at a CAGR of 22.8% from 2024 to 2030. The market is majorly driven by the growing preference for bicycles as a convenient form of exercise to ensure a healthy life. People have s... Read More »
July 2024The global heavy-duty electric trucks market size was estimated at USD 1.22 billion in 2023 and is expected to grow at a CAGR of 20.6% from 2024 to 2030. Heavy-duty electric trucks are the electric counterparts of conventional diesel-powered trucks used for long-distance freight hauling ... Read More »
July 2024The global automotive spark plug market size was estimated at USD 4.35 billion in 2023 and is anticipated to grow at a CAGR of 4.2% from 2024 to 2030. Advancements in technology and the development of high-performance engines are significant drivers. Modern engines require more efficient... Read More »
July 2024The global tire pressure monitoring system market size was estimated at USD 8.24 billion in 2023 and is anticipated to grow at a CAGR of 12.7% from 2024 to 2030. The proliferation of IoT (Internet of Things) and AI (Artificial Intelligence) has enabled the development of more advanced TP... Read More »
July 2024