Variable Frequency Drive Market Size to Grow $32.00 billion by 2030
The Variable Frequency Drive market is projected to reach USD 32.00 billion by 2030 from an estimated USD 24.68 billion in 2025, at a CAGR of 5.3% during the forecast period (2025–2030).
The growth in the VFD market is primarily driven by energy efficiency demand across industries, where reduced energy consumption is achieved by motor speed control. Gains in industrial automation as well as digitalization...
Future of EV Manufacturing Market Size, Share, Trends, Demand & Growth 2035
The Future of EV Manufacturing Market is projected to grow from 15.7 million units in 2024 to 46.3 million units by 2035, at a CAGR of 10.3%.
As the electric vehicle sales continue to rise, OEMs face significant challenges in terms of scalability, time to market, technology integration and most importantly capital investment. While capital investment challenge is to some extent being met...
Autonomous Construction Equipment Market Report Size, Share, Report 2030
The autonomous construction equipment market size is projected to grow from USD 4.40 billion in 2024 to USD 9.77 billion by 2030, at a CAGR of 14.2% from 2024 to 2030.
The growth of the autonomous construction equipment market can be attributed to rising labour costs and their advantages in remote environments. This equipment also come with benefits such as cost efficiency, improved workplace safety,...
Truck Refrigeration Unit Market Size, Share, Trends & Analysis 2030
The Truck Refrigeration Unit market size is projected to grow to USD 8.83 billion by 2030 from USD 6.83 billion in 2024, at a CAGR of 4.4% from 2024 to 2030.
The growing demand for perishable goods, including food items, beverages, medicines & drugs, primarily drives the demand for truck refrigeration units. The rising demand for cold chain solutions in the chemicals & pharmaceuticals industry...
Self-driving Cars Market Size, Share & Growth Report 2035
The global self-driving cars market size is projected to reach from 37,090 thousand units in 2024 to 76,217 thousand units in 2035, at a CAGR of 6.8%.
The self-driving cars market is poised for significant growth, driven by advancements in sensor technologies like LiDAR and radar, the adoption of vehicle-to-everything (V2X) communication, and the rise of mobility-as-a-service (MaaS) solutions such...
Battery Thermal Management System Market Size, Share, Trends & Analysis by 2030
The global battery thermal management system market size is projected to grow from USD 3.7 Billion in 2024 to USD 8.5 Billion by 2030, at a CAGR of 14.7%. The increasing demand for electric vehicle and battery safety is expected to increase the demand for BTMS. Additionally, continuos innovation in BTMS components will boost the demand for BTMS.
BTMS without Battery segment is estimated to exhibit...
Global Automotive Outlook Size, Share, Trends, Technology & Growth 2025
Global light vehicle sales were 84.0 million units in 2024 and are projected to 85.1 million units in 2025, witnessing a YoY growth of 1.3% from 2024 to 2025.
The growth of light vehicle sales is influenced by various factors, such as the adoption of electric vehicles, especially hybrid vehicles, the development and manufacturing of long-range batteries, the introduction of autonomous vehicles...
EV Battery Testing Market Size, Share, Growth 2030
The EV battery testing market size is estimated to grow from USD 3.35 billion in 2024 to USD 9.51 billion in 2030 at a CAGR of 19.0% during the forecast period.
The EV battery testing market is driven by growing demand for electric vehicles. Growing concerns over battery failures, fires, and environmental impacts have led to stricter safety standards, driving the demand for comprehensive testing...
Anti-snoring Devices Market: Trends, Innovations, and Growth Opportunities
The global anti-snoring devices market is experiencing significant growth, driven by the increasing prevalence of sleep disorders such as obstructive sleep apnea (OSA) and the rising awareness of the health impacts of snoring. Valued at approximately USD 0.83 billion in 2023, the market is projected to reach USD 1.45 billion by 2029, exhibiting a Compound Annual Growth Rate (CAGR) of 9.8% during the...
Nailing Systems Market Growth Outlook 2029: Industry Share, Emerging Trends, Strategic Insights & Business Expansion Forecast
The global nailing systems market, valued at US$407.7 million in 2023, is forecasted to grow at a robust CAGR of 5.3%, reaching US$427.7 million in 2024 and an impressive US$553.2 billion by 2029. Growing cases of sports related injuries among the population below 19 years of age to boost the demand for nailing systems market. The nailing systems market is divided...