Conveyor System Market Growth, Size, Share, Trends & Forecast 2027
The global conveyor system market size is projected to reach USD 12.7 billion by 2027, from an estimated value of USD 9.4 billion in 2022, at a CAGR of 6.0%. Higher adoption of automation processes in various end-use industries and rising demand for handling larger volumes of goods are the driving factors that are expected to boost the conveyor system market. The constant R&D efforts by conveyor...
Automotive Ambient Lighting Market Trends, Size, Share, & Forecast 2027
The automotive ambient lighting market size is projected to reach USD 6.2 billion by 2027 from an estimated USD 3.8 billion in 2022, at a CAGR of 10.6% from 2022 to 2027. The automotive ambient lighting market is mainly driven by increasing demand of premium vehicles, increasing adoption of LED based lighting in C&D segment cars owing to consumer inclination towards more personalized and dictinct...
Automotive Wheels Aftermarket Industry Size & Forecast 2027
The Automotive Wheels Aftermarket projected to grow at a CAGR of 3.5% from USD 3.4 billion in 2022 to reach USD 4.1 billion by 2027.
The growth of the automotive wheels aftermarket is influenced by factors such as accident rates, changing consumer preferences for stylish wheels, and the growing number of automobile enthusiasts in Europe and North America. Environmental regulations in Europe mandating...
Mounted Bearing Market Size, Share, Growth & Forecast 2027
The Mounted Bearing Market size is projected to grow from USD 1.4 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 5.6%.Owing to extensive research & development activities by leading players in the market, products such as sensor-based bearings, self-aligning bearings, connected bearings, and self-lubricating bearings are being launched. Furthermore, increasing adoption of sensors in...
Connected Motorcycle Market Size, Share, Report Forecast 2027
The global connected motorcycle market size is projected to grow from USD 55 Million in 2021 to USD 757 Million by 2027, at a CAGR of 54.7%. Factors such as rising premium motorcycle sales around the world, growing demand for motorcycle safety and driver assistance along with growing demand for usage-based insurance and infotainment systems in motorcycles will boost the demand for the connected motorcycle...
Automotive Variable Valve Timing (VVT) and Start-Stop System Market Size 2027
The automotive VVT & start-stop system market is projected to grow at a CAGR of 5.7%, reaching USD 58.8 billion by 2027 from USD 42.3 billion from 2021.
Some of the major factors responsible for the growth of the VVT & start-stop system market are government regulations for reducing emissions levels and increasing hybridization of vehicles.
Gasoline VVT system is expected to be the fastest...
Construction & Heavy Equipment Telematics Market Size & Share 2026
The global construction & heavy equipment telematics market size is projected to reach USD 1,498 million by 2026, from an estimated value of USD 676 million in 2021, at a CAGR of 17.2%.
Increase in demand for telematics solutions in off-highway equipment and government mandates on safety and security of off-highway equipment are the driving factors that are expected to boost the construction...
Ride Sharing Market Size, Share, Growth, Industry Report 2026
The global ride-sharing market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026.
Increasing the daily commute of passengers for short-distance city travel, constantly increasing fuel prices, deteriorating public transport services, and growing day-to-day traffic jams in urban cities are prompting the growth...
Semi-Trailer Market Size, Share, Trends & Forecast Report 2025
The Semi-Trailer Market is estimated to be USD 29.5 billion in 2020 and is projected to grow to USD 41.2 billion by 2025, at a CAGR of 5.6% during the forecast period. The semi-trailer market is primarily driven by the ever-growing need for improved transportation operations across various essential as well as non-essential sectors. OEMs are integrating fuel-efficient designs in their new models to...
Automotive Engine Management System Market Size, Share & Forecast 2025
The Automotive Engine Management System Market is projected to grow at a CAGR of 1.5% from 2020 to 2025, and the market size is expected to grow from USD 58.8 billion in 2020 to USD 63.2 billion by 2025. Stringency in emission norms and increasing vehicle production are projected to drive the engine management system market.
Sensor segment will hold the largest share of the engine management system...