EPDM Market Report: Future Business Growth, Revenue, and Key Players Analysis by 2028
The global EPDM market is projected to grow from USD 3.9 billion in 2023 to USD 5.2 billion by 2028, at a CAGR of 5.9% during the forecast period. The rising automotive sector in the APAC region is driving the EPDM market during the forecast period. The EPDM market growth is primarily driven by the rising automotive sector which helps to generate the demand for EPDM across the industry....
Wireless EV Charging Market Size, Share, Growth, Trends & Forecast 2030
The global wireless charging market for electric vehicles size is projected to grow from USD 80 million in 2023 to USD 1279 million by 2030, at a CAGR of 48.4%. The need for wireless EV charging solutions is anticipated to rise in tandem with the growing emphasis on e-mobility and the expansion of EV charging infrastructure. Additionally, the government’s strong support for emission-free electric...
Hybrid Train Market Size, Share & Growth Report 2030
The global hybrid train Industry is projected to grow from 412 units in 2023 to 446 units by 2030, registering a CAGR of 1.1%.
Due to a number of important elements coming together, demand for hybrid trains is rising globally. In an era marked by rising urbanization, environmental awareness, and a growing focus on energy efficiency, hybrid trains have become a game-changing advancement for the...
Automotive Sensor Fusion Market Size, Share, Trends & Forecast Analysis 2030
The global Sensor Fusion Market for Automotive is poised for remarkable growth, projected to expand from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, registering a CAGR of 42.4%. This surge is driven by the growing demand for safer, more intelligent automotive systems, where sensor fusion technology plays a pivotal role. The integration of sensors, data, and AI is transforming how vehicles...
Electric Light Commercial Vehicle Market Size, Share, Demand, Growth & Forecast 2030
The Global Electric Light Commercial Vehicle (ELCV) Market is projected to grow from 333.6 thousand units in 2022 to 3,919.3 thousand units by 2030, at a CAGR of 36.1%. This growth is driven by the increasing demand for cleaner, sustainable vehicles, government support for zero-emission solutions, and advancements in electric vehicle technology. Governments are offering significant incentives to promote...
Electric Scooter and Motorcycle Market Trends: Projected to Reach $12.4 Billion by 2030
Electric Scooter and Motorcycle Market Trends show significant growth, with the market projected to reach $12.4 billion by 2030. As urban mobility continues to shift towards eco-friendly and cost-efficient alternatives, electric scooters and motorcycles are emerging as popular choices for commuters seeking fast, affordable, and sustainable transportation solutions. Increased government support through...
Automotive Lighting Market Size, Share, Trends & Forecast 2030
The Automotive Lighting Industry Size is projected to grow from an estimated USD 22.5 billion in 2023 to reach USD 30.4 billion by 2030 at a CAGR of 4.4% during the forecast period.
Automakers are putting a lot of effort into creating new and creative lighting to improve the safety and visual appeal of the road for drivers and other users. Every car needs automotive lighting, which greatly improves...
Electric Construction Equipment Market Size, Share, Demand & Growth 2030
The global electric construction equipment industry size is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% from 2023 to 2030
Growing laws for low-noise construction machinery in residential areas, operational benefits including lower ventilation costs in underground mining and cheaper running costs of electric equipment, and the growing demand to...
China to lead the EV Charging Station Market, global market projected to reach USD 10.1 billion by 2030
The China EV charging station market is expected to grow from USD 6.3 billion in 2024 to USD 10.1 billion by 2030, at a CAGR of 8.2%. China has emerged as a global leader in public light-duty vehicle charging infrastructure, accounting for approximately 70% of the world’s total in 2024, with projections to maintain dominance through 2030. Its robust growth is fueled by strategic initiatives...
The Asia Pacific will dominate the ADAS Market is projected to reach 297 million units by 2030
The Asia Pacific ADAS Market is expected to grow from 122 million units in 2024 to 297 million units by 2030 at a CAGR of 16.0%. The Asia Pacific region is led by China followed by Japan and South Korea. The ADAS penetration in China was 32-38% in 2024 and set to cross 95% by 2030. Leading automakers in the region, such as BYD, Toyota, Honda, Hyundai, and Kia leverage the advantages of safety systems...