The North America bus market size was estimated at USD 6.64 billion in 2023 and is expected to grow at a CAGR of 10.8% from 2024 to 2030. Factors such as advancement in the public transportation industry and the expansion & revamping of American and Canadian road networks are driving... Read More »
June 2024The global automotive rain sensor market size was estimated at USD 5.03 billion in 2023 and is expected to grow at a CAGR of 7.7% from 2024 to 2030. The increasing demand for vehicles, advancements in sensor technology, and comfort and convenience features in vehicles are driving the mar... Read More »
June 2024The Europe automotive collision repair market size was estimated at USD 84.02 billion in 2023 and is projected to grow at a CAGR of 0.9% from 2024 to 2030. Advanced Driver Assistance Systems (ADAS), including sensors, cameras, and radar systems, are standard in modern vehicles. Repairing... Read More »
June 2024The global electric vehicle market size was estimated at USD 1,070.77 billion in 2023 and is anticipated to grow at a CAGR of 33.6% from 2024 to 2030. Government policies and incentives worldwide are accelerating the adoption of Electric Vehicles (EVs). Many countries are implementing st... Read More »
June 2024The global cargo inspection market size was estimated at USD 2,828.5 million in 2023 and is expected to register a CAGR of 4.4% from 2024 to 2030. The market is witnessing consistent expansion, propelled by several factors. Increasing global security concerns and stricter regulations on ... Read More »
May 2024The Asia Pacific automotive collision repair market size was estimated at USD 53.59 billion in 2023 and is anticipated to grow at a CAGR of 3.6% from 2024 to 2030. The market encompasses all services and products related to the repair and refurbishment of vehicles after they have been in... Read More »
May 2024The global automotive wiring harness market size was estimated at USD 50.09 billion in 2023 and is projected to grow at a CAGR of 3.4% from 2024 to 2030. The surge in electric vehicle (EV) adoption, bolstered by consistent government incentives for both manufacturers and consumers, is a ... Read More »
May 2024The North America automotive collision repair market size was estimated at USD 45.4 billion in 2023 and is projected to grow at a CAGR of 1.1% from 2024 to 2030. Stringent government regulations and safety standards are driving market growth. Regulatory bodies such as the National Highwa... Read More »
May 2024The U.S. Off-highway electric vehicle market size was estimated at USD 543.35 million in 2023 and is expected to expand at a CAGR of 12.4% from 2024 to 2030. The use of off-highway electric vehicles (OHEVS) is expected to witness significant growth due to advancements in battery technolo... Read More »
May 2024The global in-plant logistics market size was valued at USD 12.34 billion in 2023 and is expected to register a CAGR of 11.2% from 2024 to 2030. This surge is driven by the increasing adoption of automation technologies like robots, automated storage and retrieval systems (ASRS), and rea... Read More »
May 2024The U.S. charging as a service market size was valued at USD 55.2 million in 2023 and is anticipated to grow at a CAGR of 23.9% from 2024 to 2030. The rapidly growing adoption of electric vehicles in the United States has created significant need for efficient and intelligent charging solutions. However, there has b... Read More »
May 2024The 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 2024