Hydrogen IC Engines Market to Generate $327 Million Revenue by 2035
The global Hydrogen IC Engines Market in terms of revenue was estimated to be worth $12 million in 2024 and is poised to reach $327 million by 2035, growing at a CAGR of 34.7% from 2024 to 2035 according to a new report by MarketsandMarkets™.
The global Hydrogen IC Engines Market is anticipated to grow at a higher level. There are various drivers responsible for the growth of the market such...
Automotive Market Share, Size, Trends & Forecast 2024
The Global Automotive market will have a global passenger vehicles and commercial vehicles combined sales of 92 million units in 2023 and is projected to 95 million units in 2024, witnessing a YoY growth of 3.1% from 2023 to 2024.
The growth of the automotive market is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along...
Electric Light Commercial Vehicle Market Size, Share & trends [2030]
The global electric light commercial vehicle market size 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%.
Factors such as rising demand for zero-emissions commuting and government support for low-emission vehicles through subsidies and tax breaks have resulted in automakers embracing EVs and the expansion of the electric light commercial...
Hybrid Train Market Size, Share, Analysis, Growth & Forecast 2030
The global hybrid train market is projected to grow from 412 units in 2023 to 446 units by 2030, registering a CAGR of 1.1%.
The demand for hybrid trains is surging worldwide, driven by a convergence of critical factors. In an era characterized by increasing urbanization, heightened environmental consciousness, and a growing emphasis on energy efficiency, hybrid trains have emerged as a transformative...
Automotive Interior Market Size & Share Report 2028
The global automotive interior market size, by value, is estimated to be USD 157.4 billion in 2023 and is projected to reach USD 194.8 billion by 2028, at a CAGR of 4.4% from 2023 to 2028.
The growth of the automotive interior market is influenced by various factors such as Increasing customer preference for convenience, premium features, and advanced safety features, Integration of smartphone...
EV Cables Market Size, Share, Growth & Forecast 2028
The Global EV Cables Market Size is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028
The major factors driving the growth of the EV cable market are increasing fuel prices that have increased the demand for electric vehicles. Also, heavy R&D activities by EV cable manufacturers to develop EV cables for automobiles are expected to push the growth...
All-terrain Vehicle Market Size, Share, Report, Forecast 2028
The global all-terrain vehicle market size is projected to grow from USD 3.2 billion in 2023 to USD 3.7 billion by 2028 at a CAGR of 3.0%, from 2023 to 2028.
The all-terrain vehicle (ATV) market is experiencing growth due to the rising demand across various sectors such as agriculture, military and defense, and recreation. Additionally, an increase in recreation and outdoor activities, utility,...
Automotive TIC Market worth USD 20.9 billion by 2028, at a CAGR of 3.4%
The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%.
The growing demand of safer, efficient and fuel efficient mobility alternative is expected to drive the demand for automotive TIC services around the world. For instance, the demand for TIC services for automotive components such as EV Battery, EV Motors,...
Fire Truck Market worth USD 9.6 billion by 2030, at a CAGR of 2.7%
The global fire truck market is estimated to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030, at a CAGR of 2.7%.
Rapid urbanization, infrastructural development, safety regulations for fire safety, technological improvements, and increase in government spending are projected to be the driving force for a fire truck market. There was a huge demand for the modernization and expansion...
Connected Tires Market Size worth USD 54 million by 2028, at a CAGR of 67.1%
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Growing demand for road safety, increased vehicle features are driving the demand for connected tires. With features like tire pressure monitoring, tread wear analysis, and temperature sensing, connected tires offer enhanced safety on the road. Drivers and fleet managers...