Ebike Market – European market scenario with key players and market trend
The Ebike market has been booming during the COVID-19 era. For example, the eBike sales in Europe increased to 15.6 million units in 2022, compared to 14 million units in 2021. Demand for e-bikes will increase in 2021 and 2022 with an increase in traffic congestion, growing e-commerce business, growing interest in cycling as a fitness and recreational activity, and consumers’ tendency towards...
Asia Pacific Electric Vehicle Market Projected to reach USD 404.7 billion by 2030
The Asia Pacific Electric Vehicle Market is expected to grow from USD 218.8 billion to USD 404.7 billion by 2030, at a CAGR of 8.1%. The market in Asia Pacific region is led by growing dominance in China, and increasing demand for passenger EVs in South Korea, India, Japan and south east Asian countries such as Thailand, Indonesia, Malaysia and Vietnam. EV sales in China peaked near 50% share of the...
North America to Lead Low-Speed Vehicle Market Growth: Projected USD 8 Billion by 2028
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...
Ev Connector Market Size, Share, Growth Report 2030
The global EV connector industry size is projected to grow from USD 2.0 billion in 2023 to USD 10.9 billion by 2030, registering a CAGR of 27.1%.
A rise in data transmission and complicated systems for ADAS, battery management, vehicle illumination, and autonomous driving necessitate high-bandwidth and low-latency EV connectors. EV connectors for high-voltage systems also require downsizing,...
Racing Simulator Market Size, Share, Growth, Trends & Forecast 2030
The racing simulator industry size is projected to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030 at a CAGR of 15.6% during the forecast period.
Rising e-sports leagues and competitions, a preference for professional motor racing events, ongoing simulation technology advancements, growing cost, and convenient accessibility are the primary factors propelling the racing simulator...
V2X Cybersecurity Market Size, Share, Trends & Forecast 2030
The global V2X cybersecurity industry size is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%.
The rise of the automotive V2X industry and the development of linked car technologies are two major factors driving the V2X cybersecurity market’s revenue growth. Additionally, the growing frequency of cyberattacks worldwide and the growing amount of...
Racing Simulator Market Size, Share, Trends, Growth & Forecast 2030
The racing simulator industry size is projected to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030 at a CAGR of 15.6% during the forecast period.
Rising e-sports leagues and competitions, a preference for professional motor racing events, ongoing simulation technology advancements, growing cost, and convenient accessibility are the primary factors propelling the racing simulator market’s...
Automotive Telematics Market Size, Share, Trends & Forecast 2030
The Automotive Telematics Industry Size is projected to grow from an estimated USD 9.0 billion in 2024 to reach USD 16.1 billion by 2030 at a CAGR of 10.1% during the forecast period.
In order to improve driver and on-road safety, automakers are concentrating heavily on working with telematic suppliers to include their services into their new vehicles. In their high-end models, a few of manufacturers...
Electric Commercial Vehicle Market Size, Share, Demand & Growth Forecast 2030
The global Electric Commercial Vehicle Industry Size is projected to grow from USD 70.9 billion in 2024 to USD 255.6 billion by 2030, registering a CAGR of 23.8%.
By offering a more sustainable and cleaner substitute for conventional commercial vehicles that run on fossil fuels, ECVs hope to lessen air pollution, greenhouse gas emissions, and dependency on finite fossil fuel supplies. Due to decreased...
Mining Machinery Market Size, Share, Trends & Analysis by 2030
The mining machinery market is projected to grow from USD 24.8 billion in 2023 to USD 32.8 billion by 2030 at a CAGR of 4.1%. The market is being propelled by a range of factors driving widespread adoption at the global level. The rise in the extraction of minerals, metals, and coal from mines is majorly contributing to the growth of the market. Autonomous mining trucks navigate predetermined paths...