Autonomous Construction Equipment Market Size worth $9.77 billion by 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%. Rising focus on advancement in equipment from the OEM side and increasing adoption of automated machinery in the mining & construction segment for operational efficiency and safety to drive the market.
The advancement in AI and machine learning...
Electric Scooter Motor Market Size worth $1,201.2 million by 2030
The global electric scooter motor market size is projected to grow from USD 416.0 million in 2024 to USD 1,201.2 million by 2030, registering a CAGR of 19.3%. The electric scooter motor market for electric two-wheelers (e2w) is witnessing many dynamics on the back of several factors. Firstly, since the battery technology has upgraded itself, it allows the vehicles to provide longer range and better...
Future of EV Manufacturing Market Size worth 46.3 million units by 2035
The Future of EV manufacturing is projected to grow from 15.7 million units in 2024 to 46.3 million units by 2035, at a CAGR of 10.3%.
OEMs confront major obstacles in the areas of scalability, time to market, technological integration, and—above all—capital investment as sales of electric vehicles continue to climb. Plant and platform sharing across other OEMs, manufacturing plant layout,...
EV Battery Testing Market Size worth USD 9.51 billion in 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. Regulatory requirements and safety standards are becoming stricter worldwide, compelling manufacturers to conduct comprehensive testing to meet compliance norms. The rising focus on battery innovation, including the development of solid-state,...
Truck Refrigeration Unit Market Size worth $8.83 billion by 2030
The Truck refrigeration unit industry is projected to grow from USD 6.83 billion in 2024 to USD 8.83 billion by 2030, at a CAGR of 4.4%. The growth of this market is primarily driven by the rising demand for perishable goods as consumer preferences for fresh produce, dairy, and pharmaceuticals continue to increase, leading to increased global trade.
The independent refrigeration units, which are...
Global Automotive Outlook worth 85.1 million units in 2025
Light vehicle sales worldwide are expected to increase by 1.3% year over year from 2024 to 2025, from 84.0 million units in 2024 to 85.1 million units in 2025.
A number of factors, including the adoption of electric vehicles, particularly hybrids, the development and production of long-range batteries, the introduction of autonomous vehicles and the steps OEMs are taking to commercialize them,...
Future of Indian Automotive Industry Growth & Trends 2030
At a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030, Future of Automotive in India are predicted to reach 6.0 million units in 2030 from 4.1 million units in 2023. At a compound annual growth rate (CAGR) of 5.7%, the India automotive (PV+CV) market is projected to increase from 5.1 million units in 2023 to 7.5 million units in 2030.
A rapidly growing middle class with more disposable...
EV Battery Market Size, Share, Trends & Analysis Report, 2035
The global EV battery market is projected to grow from USD 132.6 Billion in 2023 to USD 508.8 Billion by 2033, registering a CAGR of 14.4%. The EV battery market is a powerhouse propelling the green revolution, and its growth trajectory is fueled by a complex interplay of forces. Governments worldwide are tightening regulations on carbon emissions, pushing carmakers towards cleaner alternatives like...
Autonomous Forklift Market worth $5.07 billion by 2032
The autonomous forklift industry is projected to reach USD 5.07 billion by 2032 from an estimated USD 2.73 billion in 2025, at a CAGR of 9.3% from 2025 to 2032. The market is projected to expand because of rising demand for automated storage and retrieval systems (ASRS), growing acceptance of automated material handling equipment and warehouses, particularly in the e-commerce sector, industrial expansion...
Battery as a Service Market worth $14.45 billion in 2035
The global battery as a service industry is projected to grow from USD 0.66 billion in 2024 to USD 14.45 billion by 2035 at a CAGR of 32.4% during the forecast period. The growth of the market is primarily driven by the increasing demand for EVs with low upfront costs, along with the rising acceptance of EVs, particularly in cost-sensitive markets like India and China, where consumers prefer affordable...