The global electric power steering market size was estimated at USD 25.32 billion in 2023 and is expected to grow at a CAGR of 6.6% from 2024 to 2030. The growing trend of autonomous vehicles drives the adoption of electric power steering systems as a modern alternative to traditional st... Read More »
May 2024The global hybrid cars market size was estimated at USD 203.09 billion in 2023 and is projected to grow at a CAGR of 11.7% from 2024 to 2030. The increasing volatility of oil prices is driving the market growth. As the prices of traditional fossil fuels fluctuate and concerns about oil s... Read More »
May 2024The global crane market size was estimated at USD 35.58 billion in 2023 and is anticipated to grow at a CAGR of 4.8% from 2024 to 2030. Growing demand for cranes is high in construction projects, where they are essential for lifting heavy materials and equipment. Besides, the growing tre... Read More »
May 2024The global terminal tractor market size was estimated at USD 752.2 million in 2023 and is projected to grow at a CAGR of 4.7% from 2024 to 2030. Terminal tractors, also known as yard trucks, hostlers, or shunt trucks, are specialized vehicles designed for moving trailers and containers w... Read More »
May 2024The global automotive collision repair market size was valued at USD 199.56 billion in 2023 and is anticipated to grow at a CAGR of 1.9% from 2024 to 2030. The increase in the number of subscriptions of automobile insurance and technological advancements in the automobile sector are expected to further propel the ma... Read More »
April 2024The U.S. mountain e-bikes market size was valued at USD 1.05 billion in 2023 and is anticipated to grow at a CAGR of 15.8% from 2024 to 2030. Electric mountain bikes (e-MTBs) offer several advantages over conventional mountain bikes, driving their adoption in the country. The growing nee... Read More »
April 2024The global refrigerated transport market size was valued at USD 123.59 billion in 2023 and is projected to grow at CAGR of 8.6% from 2024 to 2030. The rising demand for perishable goods and the advancements in refrigeration technology drive the refrigerated transport market. With the inc... Read More »
April 2024The U.S. reverse logistics market size was estimated at USD 153.24 billion in 2023 and is projected to grow at a CAGR of 8.6% from 2024 to 2030. With the near exponential growth of e-commerce businesses, the frequency of returns and replacements of products have increased resulting in th... Read More »
April 2024The global automotive aftermarket industry size was estimated at USD 448.24 billion in 2023 and is expected to grow at a CAGR of 3.9% from 2024 to 2030. The market growth is majorly driven by the pursuit of automobile drivers to enhance their vehicle performance in terms of exhaust sound... Read More »
April 2024The global heavy duty road filtration aftermarket industry size was estimated at USD 3,423.4 million in 2023 and is expected to grow at a CAGR of 3.9% from 2024 to 2030. The market growth is driven by the increasing demand for efficient and reliable filtration systems in heavy duty vehic... Read More »
March 2024The Europe yacht market size was valued at USD 3.33 billion in 2023 and it is projected to grow at a CAGR of 6.4% from 2024 to 2030. The increasing preference of travellers for luxury marine tourism and personalized services is the primary factor driving the market growth. Owing to the i... Read More »
March 2024The U.S. warehouse management system market size was valued at USD 783.0 million in 2023 and is projected to grow at a CAGR of 20.0% from 2024 to 2030. To meet the rising consumer demand, logistics companies in the U.S. are striving to enhance their operations owing to challenges posed b... Read More »
March 2024The U.S. cold chain market size was estimated at USD 72.99 billion in 2023 and is projected to grow at a CAGR of 14.5% from 2024 to 2030. The growing automation of refrigerated warehouses and increased consumption of fresh food are expected to further drive the market growth over the for... Read More »
March 2024The global secure logistics market size was valued at USD 84.71 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2030. Secure logistics involves secure storage, handling, and transportation of products, goods, and confidential information throughout the supply cha... Read More »
March 2024The global space tourism market size was valued at USD 851.4 million in 2023. It is expected to grow at a compound annual growth rate (CAGR) of 44.8% from 2024 to 2030. Rising advancements in technology, growing inclination of adventure travelers, High Net Worth of Income (HNWI) individu... Read More »
February 2024The Brazil third-party logistics market size was estimated at USD 30.75 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.1% from 2024 to 2030. As Brazil is the largest economy as well as geographically the largest and most populous country in South Am... Read More »
February 2024The U.S. agricultural tractor market size was 367.04 thousand units in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.4% from 2024 to 2030. In 2023, the U.S. market accounted for 11.8% share of the global agricultural tractors market. The increasing mechanizat... Read More »
February 2024The U.S. pharmaceutical logistics market size was estimated at USD 26.5 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 8.1% from 2024 to 2030. The demand for pharmaceutical logistics is growing in the U.S. due to the increasing sales of generic drugs,... Read More »
February 2024The U.S. forklift market size was valued at USD 9.11 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 11.0% from 2024 to 2030. The retail and e-commerce sector in the country has witnessed significant growth in the past few years, leading to an increasi... Read More »
February 2024The U.S. bicycle accessories market was estimated at USD 2.1 billion in 2023 and is projected to grow at a compound annual growth rate (CAGR) of 7.7% from 2024 to 2030. The market growth can be attributed to factors such as health and fitness trends and increasing environmental concerns.... Read More »
February 2024