North America to Lead Low-Speed Vehicle Market Growth: Projected USD 8 Billion by 2028

Low Speed Vehicle Market
North America is expected to be the largest market for low-speed vehicles during the forecast period. The market is projected to grow from USD 5,703.2 million to USD 8,020.0 million at a CAGR of 5.8%. These vehicles are popular for short-range commutes among older citizens in the US and are also used as neighborhood vehicles to commute to gyms, malls, restaurants, and schools. In the North American...

Electric Scooter and Motorcycle Market Size to Reach $12.4 Billion by 2030

Electric Scooter and Motorcycle Market
The Electric Scooter and Motorcycle Market Size is poised for substantial growth, projected to reach a remarkable value of $12.4 billion by 2030. This surge can be attributed to the increasing demand for eco-friendly transportation solutions and the rising awareness of the environmental impact of conventional vehicles. With urbanization on the rise and traffic congestion becoming a critical issue...

Can Electric Bus Market Share Overtake Traditional Buses in the Next Decade?

Electric Bus Market
The electric bus market share is rapidly expanding as governments and transit authorities worldwide prioritize sustainable public transportation solutions. With increased demand for eco-friendly alternatives to traditional diesel buses, electric buses are becoming a significant portion of the overall bus market. Key regions, including North America, Europe, and Asia-Pacific, are investing heavily...

Electric Bus Industry to Reach $37.5 Billion by 2030: Key Market Drivers and Trends

Electric Bus Market
The global electric bus industry is projected to grow at a CAGR of 14.2% during the forecast period, from an estimated market size of USD 17.0billion in 2024 to USD 37.5 billion by 2030. The growing demand for electric buses is driven by several factors, such as government initiatives, subsidies and tax exemptions for electric vehicle adoption, charging infrastructure, and advancements in battery...