North America Leads the Charge: Portable Power Station Market Share to Reach $1.1 billion by 2028
The global Portable Power Station Market is projected to grow from USD 0.5 billion in 2023 to USD 1.1 billion by 2028, at a CAGR of 18.4% during the 2023-2028. The portable power station market in the U.S. is experiencing significant growth, driven by several factors. The rising popularity of outdoor activities such as camping and recreation, stringent emission control regulations, and increasing...
Rolling Stock Market Size, Share & Growth Report, 2030
The global rolling stock market, by value, is estimated to be USD 28.6 billion in 2024 and is projected to reach USD 40.1 billion by 2030, at a CAGR of 5.8% from 2024 to 2030.
Development in the hybrid trains is providing opportunities for the market growth. Train with hydrogen or battery drive technologies are still on the way to the market and offer much more sustainable and flexible alternatives...
Truck Refrigeration Unit Market Size, Share, Trends & Analysis 2030
The Truck Refrigeration Unit market 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...
Brushless DC Motor Market Share Expected to Reach $17.6 Billion by 2028
The global Brushless DC Motor Market Share is expected to reach USD 17.6 billion by 2028 from USD 12.1 billion in 2023 at a CAGR of 7.9% during the 2023-2028 period according to a new report by MarketsandMarkets™. Brushless DC motors are synchronous electric motors that are driven by direct current (DC). They are also known as electronically commutated motors (EC motors). These motors are highly...
Self-driving Cars Market Size, Share, Trends | Report 2035
The global self-driving cars market 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 as...
Autonomous Driving Software Market Size, Share, Report, Forecast 2035
The global autonomous driving software market is projected to grow from USD 1.8 billion in 2024 to USD 7.0 billion in 2035, at a CAGR of 13.3%.
As automakers and technology companies plan to launch self-driving cars, demand for driving software solutions is likely to rise due to increasing investment in ADAS/AD technologies by OEMs and technology providers. The demand for L2+ vehicles is also growing....
Energy Efficient Motor Market Share Expected to Reach $59.3 Billion by 2028
The global Energy Efficient Motor Market Share will grow to USD 59.3 Billion by 2028 from USD 41.7 Billion in 2023, at a CAGR of 7.3% according to a new report by MarketsandMarkets™. An energy efficient motor is a type of electric motor that is designed to consume less electrical energy while providing the same level of output as a standard motor. Energy-efficient motors help achieve significant...
Forklift Market Size, Share, Trends, Analysis & Report 2030
The global forklift market size is projected to grow at a CAGR of 6.7% during the forecast period, from an estimated market size of USD 85.2billion in 2024 to USD 125.4 billion by 2030.
The growing demand for forklifts is driven by several factors, such as the growth in the e-commerce market, the rapid rise in automation in warehouses and manufacturing facilities, and the increase in the number...
Conveyor System Market Size, Share, Trends & Forecast 2030
The global conveyor system market size is projected to grow from USD 10.4 Billion in 2024 to USD 14.8 Billion by 2030, at a CAGR of 6.0%. The conveyor system market is experiencing robust growth due to the rising growth of automation, and advancement in 5G, IoT and Artificial Intelligence. Additionally, increasing standards for safer conveyor operations with new technological developments from solution...
Engines Market Share Expected to Reach $477.89 billion by 2029
The global Engines Market is anticipated to grow from estimated USD 377.83 billion in 2024 to USD 477.89 billion by 2029, at a CAGR of 4.8% during the forecast period. The major factors owing to the growth of Engines Market are rising demand for fuel efficient and low emission engines. Engines are machines used in converting fuels into mechanical energy. This helps in major industries such as automotive,...