Air Brake System Market Trends: Growth to $3.4 Billion by 2028
The Air Brake System Market is experiencing significant growth, projected to reach $3.4 billion by 2028, driven by several key trends. Increasing demand for commercial vehicles, particularly in emerging economies, is fueling the adoption of advanced air brake systems. Technological innovations, such as electronic braking systems (EBS) and automatic emergency braking (AEB), are enhancing safety and...
Industrial Vehicles Market Size, Share, Trends | Forecast [2030]
The global industrial vehicles market size is projected to grow from USD 43.1 billion in 2024 to USD 56.7 billion by 2030, at a CAGR of 4.6%. Government investments in infrastructure development projects are fueling the growth of the industrial vehicles market on a global scale. Initiatives aimed at modernizing transportation networks, constructing new warehouses, and enhancing logistics capabilities...