The 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 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 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 2024The global smart container market size was estimated at USD 4.20 billion in 2023 and is expected to register a CAGR of 19.6% from 2024 to 2030. A smart container is a shipping container equipped with advanced technologies such as IoT sensors, GPS, and real-time tracking systems to monito... Read More »
July 2024The global automotive curtain airbags market size was estimated at USD 4.25 billion in 2023 and is expected to grow at a CAGR of 6.6% from 2024 to 2030. Automotive curtain airbags are safety solutions installed in the doors of some vehicles to enhance occupant safety in the event of a si... Read More »
July 2024The global automotive electric water pump market size was estimated at USD 3.21 billion in 2023 and is projected to grow at a CAGR of 14.2% from 2024 to 2030. An automotive electric water pump is a device used in vehicles to circulate coolant through the engine and other components to re... Read More »
July 2024The global electric earthmoving equipment market size was valued at USD 1.98 billion in 2023 and is expected to grow at a CAGR of 13.5% from 2024 to 2030. The growth of the market can be attributed to the increasing adoption of electric earthmoving equipment, such as dozers, excavators, ... Read More »
July 2024The global autonomous tractors market size was estimated at USD 1.68 billion in 2023 and is expected to grow at a CAGR of 14.6% from 2024 to 2030. The market for autonomous tractors is experiencing significant growth driven by a convergence of technological advancements, agricultural tre... Read More »
July 2024The global active power steering market size was estimated at USD 10.55 billion in 2023 and is expected to grow at a CAGR of 13.5% from 2024 to 2030. Active power steering is an advanced power steering technology that adjusts both the steering ratio and steering force based on driving speed and conditions.... Read More »
July 2024