Biomaterials Market Insights: Growth, Innovations, and Key Players, Opportunities 2029
Biomaterials Market in terms of revenue was estimated to be worth $45.2 billion in 2024 and is poised to reach $64.2 billion by 2029, growing at a CAGR of 7.3% from 2024 to 2029 according to a new report by MarketsandMarkets™. The biomaterials market is estimated to grow at a CAGR of 7.3% during the forecast period of 2024 to 2029. The important factors impacting market...
Forklift Market Size Worth USD 125.4 billion by 2030
The global forklift market is estimated to grow from USD 85.19 billion in 2024 to USD 125.42 billion by 2030, with a CAGR of 6.7% over the forecast period. Growth in the e-commerce and warehouse sectors, increased demand for warehouse automation, and rising labor costs are the key reasons behind the growing demand for forklifts worldwide. According to the International Trade Administration,...
Electric Commercial Vehicle Market Size worth USD 255.6 billion by 2030
The global Electric Commercial Vehicle market, by value, is estimated to grow from USD 60.41 billion in 2024 to USD 248.20 billion by 2030, with a CAGR of 26.6%.
Global electric commercial vehicle sales have surged due to regulatory incentives, technological advancements, and economic benefits. Additionally, growing last-mile delivery and urban logistics are driving the growth in electric commercial...
Future of the Delivery Robot Market: Trends, Innovations, and Growth Opportunities
The delivery robot market is undergoing a transformative phase, driven by technological advancements, rising consumer demand for faster deliveries, and increasing labor shortages in the logistics industry. As automation and artificial intelligence (AI) continue to evolve, delivery robots are becoming an integral part of last-mile delivery solutions. This article explores the key trends, innovations,...
USA Smart Home Market: Driving the Future of Home Automation and Connectivity
The smart home market in United States is undergoing a rapid transformation, with an increasing number of consumers adopting innovative solutions that bring automation, convenience, security, and energy efficiency into their homes. The convergence of technology, consumer demand, and enhanced connectivity is propelling the market into new heights. By 2025, the US smart home market is expected...
Electric Commercial Vehicle Market: Trends, Growth Drivers, and Forecast to 2030
The global Electric Commercial Vehicle Market, by value, is estimated to grow from USD 60.41 billion in 2024 to USD 248.20 billion by 2030, with a CAGR of 26.6%.
Global electric commercial vehicle sales have surged due to regulatory incentives, technological advancements, and economic benefits. Additionally, growing last-mile delivery and urban logistics are driving the growth in electric commercial...
The US Humanoid Robot Market: A Rapid Expansion from USD 0.58 Billion in 2024 to USD 3.83 Billion by 2029
The US humanoid robot market is on the brink of a dramatic transformation, with projections indicating growth from USD 0.58 billion in 2024 to USD 3.83 billion by 2029. This represents an impressive compound annual growth rate (CAGR) of 45.7% during this period. This rapid expansion is driven by the increasing investments in AI and robotics, with major technology companies leading the charge...
Low-Speed Vehicle Market: Trends, Innovations, and Global Forecast to 2030
The low-speed vehicle market is projected to grow from USD 11.09 billion in 2024 to USD 16.28 billion by 2030 at a CAGR of 6.6% during the forecast period.
The low-speed vehicle (LSV) market is expanding due to factors like increased golf participation, growing charging infrastructure, and a rising need for safe, comfortable mobility, especially among seniors. Growth is further fueled by travel...
Rolling Stock Market Outlook 2030: Trends, Innovations, and Growth Opportunities
The global rolling stock market, by value, is estimated to be USD 28.61 Billion in 2024 and is projected to reach USD 40.10 Billion by 2030, at a CAGR of 5.8% from 2024 to 2030.
The advancement of hybrid train technology is creating new growth opportunities in the market. Hybrid trains, which combine diesel and battery or hydrogen fuel cell technology, help reduce fuel consumption and emissions...
Software Defined Vehicle Market: Trends, Growth, and Future Outlook to 2030
The global Software Defined Vehicle Market size is projected to grow from USD 213.5 billion in 2024 to USD 1,237.6 billion by 2030, at a CAGR of 34.0%.
SDVs are expected to be the next big disruption in Automotive Sector in the coming decade. By 2030, more than 70% passenger cars, as well as significant amount of LCVs will be SDVs. Key automakers are also adapting to new generation E/E and chassis...