The global fighter aircraft market is expected to grow at a substantial CAGR of 3.7% during the forecast period (2023-2030). The increase in the expansion of the Air Forces by various countries is driving the global market. Countries facing increased threats from aggressive neighbours or terrorist groups which is promoting country governments to invest in expanding their […]
Category Archives: Automotive & Transportation
The global used car market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the key factors that are boosting the market is the increasing blockchain feature in the vehicle industry for saving the driving history of the vehicle. Such a system has become popular in recent years as it […]
The global aircraft recycling market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. The key factor driving the aircraft recycling market is the advancement in technology. Key market players are busy in designing and creating advanced recycling processes with the integration of innovative technological systems. Original Equipment Manufacturers (OEMs) are also […]
The global smart ports market is estimated to grow at a CAGR of nearly 26.0% during the forecast period. The major factors contributing to the growth of the market include a significant rise in the logistics sector and rising demand for automation in ports. A significant rise in the logistics sector has been witnessed in […]
Small Satellite Market is anticipated to grow at a considerable CAGR of 10.1% during the forecast period. The increasing R&D activities by NASA and growth in military spending for surveillance missions will be propelling the market growth. For instance, the adoption of SKYWAN technology by NASA and triband antennas enables real-time transmission. Further in July […]
Space Propulsion Market is anticipated to grow at a significant CAGR during the forecast period. An increase in the number of space exploration missions, increasing demand for superior electric powered propulsion systems, and increasing demand for LEO-based totally services are the major factors that are driving the growth of the space propulsion market during the […]
Robotaxi Market is anticipated to exhibit significant CAGR of 109.5% during the forecast period. The real-time viability of robotaxi being a safe way of transportation of passenger or goods is of key importance for its adoption as a mode of transportation in hi-tech cities. Therefore, the significant rise in the number of pilot projects to identify […]
The global retail logistics market is anticipated to grow at a substantial CAGR of 12.1% during the forecast period. The increasing e-Commerce market is one of the major reasons for augmenting the retail logistic market during the forecast period. The introduction of prominent e-commerce companies across the globe such as FedEx Corp, and DHL International GmbH, among […]
Ship Radar Market is anticipated to grow at a significant CAGR during the forecast period. The major factor that is fuelling the global ship radar market includes the rise in the inclusion of advanced marine radar systems, to fulfil the surge in demand for weapon guidance application as well as navigation purposes at sea in […]
US Airbag Market is one of the global leaders in the automotive and airbag sector. The US airbag market is forecast to grow nearly at a CAGR of 5% during the forecast period. Almost every big automotive manufacturer has an established manufacturing unit in the US such as Audi, Mercedes, Nissan, Ford, Volkswagen and so […]
UK airbag market is expected to show a modest growth at a CAGR of nearly 5% during the forecast period. As per the International Organization of Motor Vehicle Manufacturers, the country manufactured around 1.6 million vehicles out of which more than 1.5 million were passenger cars. The major factor for the significant market in the […]
Japan airbag market is expected to augment with a modest growth nearly at a CAGR of 3.5% during the forecast period. Japan is the leading automotive and airbag market player all across the globe. A number of key players in the airbag market have their headquarter in Japan. Dacial Corporation, Denso Corporation, Nihon Plast, Toyoda […]
India airbag market is forecast to augment at a CAGR of around 9.5% during the forecast period. India is one of the largest automotive markets all across the globe in terms of vehicle production. In 2018, the country produced around 5.2 million vehicles. The country is one of the preferred economies by the automotive giants […]
European Airbag market is forecast to grow at a CAGR of around 5.5% during the forecast period. Europe is one of the key players for the sales and production of the airbag and automotive. The UK, Germany, Spain, Italy, France are the leading automobile manufacture across the globe. The market share of Europe in the […]
China Airbag Market is the global leader in automotive production and sales. China airbag market is expected to grow at a CAGR of 7.5% during the forecast period. As per the International Organization of Motor Vehicle Manufacturers, China has manufactured about 27.8 million vehicles in 2018. The Chinese Central Government expects that China’s automotive output […]
Brazil airbag market is forecast to augment at a CAGR of nearly 7% during the forecast period. Key factors that will raise the country’s airbag market include increasing disposable income of the people, rising awareness toward road safety, high road accidents and cohesive government regulations. Front airbags and anti-lock braking systems are mandatory in passenger […]
Asia Pacific Airbag Market is the leader in the global airbag market and is expected to grow at a CAGR of more than 7% during the forecasted period. The major factors for the growth of the market include significant vehicle sales in the region during the forecast period, and high vehicle exports by the countries […]
The global Recreational vehicles market is anticipated to grow at a CAGR of 9.2% during the forecast period (2023-2030). The global Recreational vehicles market is anticipated to grow at a significant rate owing to several factors which includes, increasing disposable income, growing popularity of outdoor recreation, and expansion of RV rental services. In December 2023, Kia India […]
Low-speed vehicle market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. The versatility of low-speed vehicles is a crucial feature for sustaining the market. Meter maids, hunting, yard maintenance, industrial utilities, grounds-keeping, and campus security are all common uses for them. They are also utilized in corporate offices, museums, […]
Passenger car airbag market is expected to grow at a CAGR of 6.5% during the forecast period. As per the International Organization of Motor Vehicle Manufacturers, around 70.5 million cars were produced in 2018 with a slight decrease in total production. The major factor for the growth of the market includes cohesive government regulations, rising […]
Latin American e-commerce retail market is growing at a considerable CAGR of around 25.6% during the forecast period. The market growth is mainly augmented by a rise in internet users, an increase in online sales convenience of mobile e-commerce, and incremental trust in the logic of online purchases. For instance, according to the ITU, around […]
The global motorhome market is expected to grow at a CAGR of 8.5% during the forecast period. One of the factors that are boosting the market growth is the implementation of stringent vehicle emission regulations in most nations across the globe which is encouraging consumers to switch to hybrid and electric recreational vehicles such as motorhomes. The […]
The global online powersports market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period. The increasing number of off-road and recreational activities across the globe is one of the prime factors affecting and driving the market for online powersports. There have been increasing trends of formula off-road racing programs such as Britpart […]
The global Naval Vessels market is anticipated to grow at a considerable CAGR of 12.8% during the forecast period. Aircraft carriers are the largest warships in the naval fleet as they require a large amount of deck room, and this factor is accelerating the demand for naval vessels. For instance, China’s People’s Liberation Army Navy […]
The global mortar ammunition market is anticipated to grow at a considerable CAGR of 4.8% during the forecast period. The increased investments and procurement of advanced precision-guided mortar ammunition are anticipated to boost the market’s growth during the forecast period. For instance, Elbit Systems has been awarded a USD 30 million contract to supply STYLET, a precision […]
The global automotive image sensors market is anticipated to grow at a CAGR of 11.3% during the forecast period (2023-2030). With the growing demand for smart features in automobiles, companies are focusing on various R&D activities and portfolio expansion to stay competitive. For instance, In September 2023, Sony Semiconductor Solutions Corp. (SSS) released an automotive image sensor, […]
The global shock absorber market is anticipated to grow at a considerable CAGR of 12.2% during the forecast period. One of the major factors that are growing the market includes technological advancement in the shock-absorbing industry which is supporting in the improvement of a vehicle’s performance, and consumers’ experience. Over the past few years, the demand for […]
Indian tire market is expected to witness significant growth at a CAGR of 5.1% during the forecast period. Till 2018, the country was one of the fastest-growing automotive markets all across the globe, however, a downfall in vehicle sales in 2019 & 2020 (due to the COVID-19 pandemic) has been witnessed in the country. However, […]
Germany’s tire market is projected to witness a modest growth at a CAGR of 2.2% during the forecast period. The country is one of the largest manufactured of the vehicle all across the globe. As per the OICA, the country produced 4.6 million vehicles in 2019. As per the European Tyre & Rubber Manufacturers Association, […]
European tire market is projected to witness a CAGR of 2.1% during the forecast period. Stable vehicle sales, high expenditure on vehicles, and its accessories are some of the major factors for the growth of the market in the region. Growth in the demand for high-performance tires is another major factor for the growth of […]
China’s tire market is expected to witness a significant growth at a CAGR of 3.9% during the forecast period. The country is the largest automotive market by volume all across the globe. As per OICA, in 2019, 25.77 million vehicles were sold in China whereas 25.7 million vehicles were manufactured in the country, making it […]
Brazil tire market is expected to register a modest growth at a CAGR of 3.4% during the forecast period. Fluctuating vehicle sales will impact the growth of the Brazil tire industry. In 2012, the Brazil automotive market was the fourth largest market globally with a volume of 3.8 million vehicle sales as per the OICA. […]
Car POS machine market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. Cloud computing refers to the on-demand access of data and programs from a centralized pool of resources. The rising adoption of the cloud platform is considered to be one of the major factors augmenting the growth of […]
The car care products market is anticipated to grow at a considerable CAGR of 4.5% during the forecast period. The popularity of anti-microbial car care products is expected to rise at a considerably high rate. These products are ideal for protecting vehicles from microbial growth and aid drivers as well as passengers to protect themselves from various […]
The global dashboard camera market is anticipated to grow at a CAGR of 20.1% during the forecast period. Dashboard cameras are gaining popularity due to the increase in road accidents. Dashboard cameras assist the drivers to store the incidents happening in the front and the rear side of the vehicles. The incident is stored in the DVR […]
The global automated passenger counting system market is anticipated to grow at a considerable CAGR of 11.9% during the forecast period. With the growth in urbanization trends, cities require increasingly reliable, smart, and efficient transportation systems. According to the United Nations (UN), by 2050, around 68% of the global population is expected to be living in urban […]
The global Reverse Logistics market is anticipated to grow at a CAGR of 8.0% during the forecast period. Reverse logistics is the process of managing the flow of products, materials, and information from the point of consumption back to the point of origin. This can include activities such as product returns, recalls, repairs, and recycling. It is […]
Automotive Drivetrain Market is anticipated to grow at a CAGR of 5.8% during the forecast period (2023-2030). The market growth is attributed to commercial trends across the globe. The availability of the APP550 highlights the continued trend toward electrification in the automobile sector. To comply with environmental rules and consumer demand for cleaner and more […]
The global micromobility market is anticipated to grow at a considerable CAGR of 15.5% during the forecast period. According to a report by OECD, by 2050 around 55% of the global population will reside in cities as compared to 37% in 2075. Thus, the growing population has led to the emergence of thousands of new cities globally, […]
In-Vehicle Networking Market is growing at a significant CAGR of around 6.6% during the forecast period. This informative In-Vehicle Networking Market report provides new method and covers foremost regions such as Latin America, Middle East, North America, Europe, Africa and Asia Pacific. Making most out of the consumer insights and market opportunities, market players can […]
The global automotive air filter market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. Increase in the development in air filters by major players is key factor to propel the growth of the automotive air filter market during the forecast period. For instance, in April 2020, MANN-HUMMEL had launched an ISO […]
Airline Passenger Communications System Market is estimated to grow at a CAGR of 8.77% during the forecast period. The market for airline passenger communication systems includes products and services for commercial and military aeroplanes, that allow passengers to communicate via digital technology. The expansion of the communication systems market in the aviation industry is fueled […]
Dual clutch transmission market is anticipated to grow at a significant CAGR of 5.1 % during the forecast. Rising awareness of low carbon footprint technologies is expected to grow the dual clutch transmission market. Dual clutch transmission systems are effectively improving driver’s experience and are effective for people who are living in congested and unfavorable […]
Transmission coolers market is anticipated to grow at a CAGR of 10.0% during the forecast period. A transmission cooler is a device designed to regulate and lower the temperature of the transmission fluid in a vehicle’s transmission system. It typically consists of a heat exchanger, usually located in the front of the vehicle that dissipated […]
The global aviation analytics market is anticipated to grow at a CAGR of 10.8% during the forecast period (2023-2030). An increase in adoption of improved safety, efficiency, and profitability by streamlining maintenance schedules and increasing aircraft uptime, leading to higher customer satisfaction scores and increased revenue streams drive the growth of aviation analytics market. Various factor such […]
Aviation Mission Computer Market is expected to grow at a significant CAGR during the forecast period. Mission computers enable advanced systems like as combat systems to observe and control the battlefield, which is required to execute any mission. Mission computers are also equipped with high-performance processors. These computers are linked to a data processing system and […]
The global air traffic control equipment market is anticipated to grow at a CAGR of 5.2% during the forecast period. An increase in the number of airports is one of the prime factors affecting and driving the global air traffic control equipment market. Transportation through the mode of air is one of the safest modes when compared […]
Automotive paints market is anticipated to grow at a considerable CAGR of 4.2% during the forecast period. The production of cost-effective and eco-friendly automotive paints in the market by players is expected to provide lucrative growth in the market over the forecast. Eco-friendly paints enable players to make a positive impact on the environment. Moreover, […]
Taxi market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the core factors that is fueling the market is the growing tour and travel sector across the globe. Tours and traveling have been growing for years owing to several reasons such as visiting, functions, studies, jobs, business, […]
The global automotive engine market is anticipated to grow at a CAGR of 7.3% during the forecast period (2023–2030). The market growth is attributed to growing demand for a shift towards Electric Vehicles across the globe. Government initiatives and regulations along with the increasing public awareness of environmental issues, have led to a marked increase in the […]
The US automotive motors market is projected to grow at a significant CAGR of 7.2% during the forecast period. The key factors that drive the US automotive motors market include the increased preferences towards the adoption of electric vehicles in order to overcome issues such as oil dependence, global warming, and environmental pollution. Besides, the […]
North America automotive motors market is projected to grow at a significant CAGR of 7.4% during the forecast period. The key factors that drive the market include the increased need for safety features and convenience in a vehicle. The advancements in vehicle manufacturing and the advent of electric vehicles owing to the increased focus towards […]
Indian automotive motors market is projected to grow at a double-digit CAGR during the forecast period. Considerable growth in vehicle sales (both cars and two-wheeler), exponential growth in the electric vehicle sales, and high export volume are some of the major factors for the substantial market for the automotive motor market in the country. Moreover, […]
Germany automotive motors market is projected to grow at a significant CAGR of 8.9%during the forecast period. The key factors that drive the Germany automotive motors market include the strong and robust automotive industry in the country along with the presence of the major automakers and auto-ancillaries in the country such as Audi, BMW, Ford-Werke […]
The European automotive motors market is projected to grow at a significant CAGR of 9.1% during the forecast period. UK, Germany, Spain, Italy, France, Czech Republic, and Russia are the major countries contributing to the market as these countries are among the leading automotive manufacturers across the globe. European countries are laying emphasis on shifting […]
The Asia-Pacific automotive motors market is projected to grow at a significant CAGR of 9.7% during the forecast period. The key factors that drive the Asia-Pacific automotive motors market include the substantial growth in the electric vehicle market and rising production capacities in the automotive industry in the region, especially in China, Japan, and India. […]
Automotive Motors Market is projected to grow at a significant CAGR of around 8.5% during the forecast period. The key factors that drive the global automotive motors market include the increased need for safety features and convenience. The automotive motors are highly utilized for applications such as the HVAC system, electric power steering, power windows, […]
The main factors driving the predator drone market include intelligence, surveillance, and reconnaissance (ISR) capabilities, the requirement for improved border security, and the growing usage of drones in combat operations. The demand for ISR capabilities is rising as a result of the need to better comprehend the battlefield and the actions and objectives of the enemy. ISR […]
The global directed energy weapons market is anticipated to grow at a CAGR of 9.5% during the forecast period (2023-2030). With the rise in terrorist activities, nations require cutting-edge and exceptionally proficient safeguarding gear to protect the citizens of their nation. A significant piece of the budget is spent on the R&D of new technologies in the […]
The global used car market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the key factors that are boosting the market is the increasing blockchain feature in the vehicle industry for saving the driving history of the vehicle. Such a system has become popular in recent years as it […]
The global utility vehicle market is anticipated to grow at a considerable CAGR of 10.3% during the forecast period. One of the core factors driving the market is the growing participation of the market players which has increased the competition in the market. In recent years, market players have been launching their new vehicles in the segment […]
The global turbocharger market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period. One of the key factors that are fueling the market is the growing competitiveness between the market players. With several key players in the market, companies are advancing, innovating, and launching new products to stay in the competition. For […]
Trucks Telematics is anticipated to grow at a significant CAGR during the forecast period. Telematics essential facilitates increased productivity through a simple web-based interface. Modern fleets can be a lot more efficient if they use data and insights to make better, more educated business decisions. The market is expected to develop due to increasing demand […]
The global tourism vehicle rental market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. Europe is the major region that holds a prominent market share in the automotive industry and is anticipated to grow significantly during the forecast period. The core driving factors include corporations enlarging their fleets, a good government’s […]
The global terminal tractor market is anticipated to grow significantly at a CAGR of 4.8% over the forecast period. According to Environment Defense Fund, the delivery trucks and tractors are responsible for nearly half of the nitrogen oxide emissions, and about 7% of overall greenhouse gas emissions. To reduce the emissions, the companies are inclined towards manufacturing […]
Power by the hour market is anticipated to grow at a significant CAGR of 6.0% during the forecast period. Power by the hour is a maintenance programme offered to aircraft operators by aircraft manufacturers, as well as aircraft engine and component suppliers. The programme is a collaboration between aircraft operators and component manufacturers. The component […]
The global baggage handling systems market is anticipated to grow at a considerable CAGR of 6.4% during the forecast period. To cater the fastest air traffic growth automation in the baggage handling systems across the globe is a key factor contributing to the growth of the global baggage handling systems market. For instance, considering the increase in […]
The global electric vehicle charging stations market is anticipated to grow at a CAGR of 30.26% during the forecast period (2023-2030). One of the main reasons driving the market growth is the rising number of improvements in battery technology and reduction in manufacturing costs, and growing adoption of advanced technologies. Battery technology has advanced significantly in recent […]
Automotive Adhesives Market is anticipated to grow at a CAGR of 7.4% during the forecast period. The key factors that drive the growth of the market include the increased demand for light-weight vehicles, increased demand for fuel-efficiency, along with lower carbon emissions. This has raised the adoption of automotive adhesives in the sector and replaced […]
The German automotive adhesives market is projected to grow at a significant CAGR during the forecast period. The key aspect that drives the growth of the market includes the increased use of epoxy-based adhesives for the production of vari ous automotive components. The epoxy-based adhesives offer a strong bonding capability and higher resistance against moisture […]
The Asia-Pacific automotive adhesives market is projected to grow at a significant CAGR of 8.1% during the forecast period. The key aspect that drives the growth of the market includes government support for the usage of modern adhesives for vehicles in order to make them light-weight and fuel-efficient. The automakers are opting for the modern […]
The global armored vehicles market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. One of the crucial factors that have been boosting the market growth is the growing military activities between countries for strengthening the security of the nations. Such military collaboration has been increased in the past few years as […]
Automotive Smart Antenna Market is expected to grow at a significant CAGR during the forecast period. The automotive smart antenna is built in a vehicle or automobile for transmission and receiving of various signals from electronic vehicle devices. This antenna enables the electronic control unit (ECU) of the vehicle to assign a valid action based […]
The global metal alloy market is anticipated to grow at a CAGR of 4.77% during the forecast period (2023-2030). Metal alloys are metallic substances formed by fusing or mixing two metals, or non-metal and metal, thereby obtaining a desirable characteristic including strength, hardness, lightness, etc. The key factors driving the metal alloy market include transportation, construction, machinery, […]
The global last mile delivery market is anticipated to grow at a CAGR of 8.5% during the forecast period (2023-2030). The growth of the global last mile delivery market is contributed to the increasing partnerships among key players to expand geographical reach. For instance, in June 2023, SpiceXpress and Logistics Pvt. Ltd. partnered with Ekart, a supply […]
Global automotive tubeless tyres market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period. An automotive tubeless tyres has a molded rim that maintains air pressure inside the tyres and seals the flanges of the wheel. Tubeless tyres possess low thickness and hence, tyres manufactures developed advanced tyres in which the rate […]
Global airline technology integration market is anticipated to grow at a CAGR of 10.0% during the forecast period (2023-2030). The market growth is attributed to regulation compliance across the globe. To comply with increasingly stringent emissions regulations and targets, airlines are investing in more sustainable technologies that can help reduce their environmental impact. These technologies include the […]
The global outboard electric motors market is anticipated to grow at a CAGR of 5.1% during the forecast period. Growing interest toward recreational water sports activities and rising water-based tourism are the major drivers for recreational boating market growth which has boosted the demand for outboard electric motors for boats. Various types of recreational boats are used […]
Global automotive exhaust systems market is anticipated to grow at a CAGR of 5.2% during the forecast period. The main function of a bushing is to reduce the transmission of vibrations and shocks from the road to the rest of the vehicle, which helps to improve the overall ride comfort and reduce noise and harshness inside the […]
Indian aviation industry is expected to see a CAGR of 4.5% during the period. India, in total, has 464 airports and airstrips, of which 125 airports are owned by the Airport Authority of India (AAI). The 125 airports under the control of AAI manage around 78% of the domestic passenger traffic and 22% of international […]
The global ADAS market is expected to grow at a significant CAGR during the forecast period. ADAS is a rapidly emerging technology and is expected to find a significant growth in the automotive industry to increase safety, comfort, and tracking. Major factors augmenting the growth of the market include the high number of road accidents […]
The global Cold chain monitoring market is anticipated to grow at a CAGR of 20.4% during the forecast period (2023-2030). The growth of global Cold chain monitoring market is anticipated to several driving factors which includes, increasing demand for perishable goods, growing awareness of the importance of food safety and expanding cold chain networks. The rising number […]
The global automotive battery sensor market is anticipated to grow at a CAGR of 6.5% during the forecast period (2023–2030). The market’s growth is attributed to the growing demand for advancements in battery technology across the globe. Significant improvements in lithium-ion battery technology have resulted in increased energy densities, better performance, and reduced costs. The aforementioned advances […]
The global FMCG logistics market is anticipated to grow at a considerable CAGR of 4.6% during the forecast period. The rapid increase in the penetration of e-commerce in FMCG sector will drive the market growth. The e-commerce refers to the purchase and sale of products over the internet. Its potential to provide transparency of inventory status, projected […]
The global off-street parking management market is anticipated to grow at a CAGR of 14.5% during the forecast period (2023-2030). The growing demand for the off-road parking slots across the globe is a key factor driving the growth of the global off-street parking management market. The City of Woodinville has been making its laundry list of off-street […]
Commercial avionic system market is anticipated to grow at a significant CAGR during the forecast period. Electronic systems associated with flight are termed as ‘avionics’ that covers the internal sensors and control systems within an aircraft; from airborne communication and navigation systems to ‘stealth’ aircraft design and flight control systems. The growing advancements in the […]
The global automotive logistics market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period. Logistics is a vital element for the automotive sector. The production and assembly of each of these components require a long network of suppliers. And it also requires a distribution circuit. With the growth of automobile sectors market […]
The global road safety market is expected to witness a significant growth rate of 8.9% during the forecast period. Rising fatalities owing to the increasing road accidents is one of the solutions factors which is encouraging the government to adopt road safety solutions. As per the World Health Organization (WHO), road accident is the top-most […]
The global heat-treated steel plates market is anticipated to grow at a CAGR of 3.2% during the forecast period. The global heat-treated steel plates market growth is driven by the increasing shipbuilding activities globally, especially in Asia-Pacific countries, such as Japan, South Korea, China, and Southeast Asian countries. Heat-treated steel plates are widely used in shipbuilding for […]
The global automotive lighting market is anticipated to grow at a CAGR of 10.1% during the forecast period. The increasing adoption of advanced light in vehicles is expected to drive the automotive lighting market during the forecast period. The key players are focusing on developing and installing advanced lighting to improve the visibility, appearance, and experience of […]
The North America aircraft tires market is anticipated to grow at a significant CAGR over the forecast period. The key aspect that drives the growth of the North American aircraft tires market is increasing passenger aircraft in the region, and high investment for the new airports and airport expansion, which will subsequently motivate the aircraft […]
The global automotive speaker market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period. The growing adoption of advanced technologies in automotive industry will propel the market growth. The consumers are seeking for more cutting-edge features in their audio systems, such as those that are energy-efficient, touchscreen-optimized, Bluetooth-enabled, navigation system and have […]
The global automotive financing services market is anticipated to grow at a considerable CAGR of 9.2% during the forecast period. The rapid shift of consumers towards electric vehicles due to rising rates of conventional vehicle fuels is generating new opportunities for the market. According to the International Energy Agency, more than 10 million electric vehicles are on […]
The global aviation connectors market is anticipated to grow at a CAGR of 5.2% during the forecast period. The demand for commercial passenger & cargo aircraft, civil helicopters, and military aircraft is increasing across the globe, which directly fuels the use of connectors. Furthermore, the rising requirement for modern avionic systems along with the increasing flight safety […]
The global automotive ignition coil market is anticipated to grow significantly at a CAGR of 4.1% over the forecast period. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2020, […]
Automotive HUD Market is a transparent screen that displays useful information without requiring users to look away from their usual viewpoints. A HUD also has got an advantage that the user does not have to refocus to view the outside after looking at the optically nearer instruments. HUDs have been intensively used in luxury vehicles […]
The global bicycle accessories market is anticipated to grow at a CAGR of 7.5% during the forecast period (2023–2030). The market growth is attributed to the growing demand for infrastructure development and government initiatives across the globe. Around the globe, numerous governments have implemented investments in bicycle infrastructure, such as designated bike lanes and bicycling-friendly laws. The […]
The global business jet market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2023–2030). The addition of new models to existing fleets moves the worldwide market ahead. According to the General Aviation Manufacturers Association (GAMA), jet deliveries climbed by 12.5% in the first half of 2019. New models such as the […]
Aircraft Cabin Interior market is projected to grow at a significant CAGR of 7.8% during the forecast period. The key factors that drive the global Aircraft Cabin Interior market are the rising aviation industry, enhancing the passenger’s experience, rise in aircraft deliveries, and providing secure and comfortable surroundings. According to the World Bank, there were approximately […]
Hybrid electric vehicle conversion kit market size was valued at $0.61 billion in 2022, and is projected to reach $1.85 billion by 2030, registering a CAGR of 17.2% during the forecast period (2023-2030). Hybrid electric vehicle conversion kits are sets of components and systems that can be installed on a conventional gasoline-powered vehicle to turn […]