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...
EV Battery Recycling Market Size & Report 2035
The global EV battery recycling market, by value, is estimated to be USD 0.54 Billion in 2024 and is projected to reach USD 23.72 Billion by 2035, at a CAGR of 40.9% from 2024 to 2035.The growing demand for electric vehicles is driving the need for efficient recycling of EV batteries to ensure a stable supply of critical materials like lithium, cobalt, and nickel. Stringent environmental regulations...
Compact Construction Equipment Market Trends & Forecast 2032
The Compact Construction Equipment market is projected to grow from USD 39.52 billion in 2025 to USD 56.05 billion by 2032, at a CAGR of 5.1%. The growth of this market can be attributed to increasing urbanization, residential developments, government initiatives carried out for smart city programs in developing countries, and technological advancements in the compact construction equipment industry.
Compact...
Weigh-In-Motion System Market Size, Share, Trends & Report 2027
The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period.
Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) is boosting the growth of the market for weigh-in-motion system. Road safety regulations by governments especially...
Automotive Lightweight Materials Market Size Report 2027
The automotive lightweight materials market is projected to grow from USD 73.9 billion in 2022 to USD 101.5 billion by 2027, at a CAGR of 6.5% for the same period. The base year for the report is 2021, and the forecast period is from 2022 to 2027.
The automotive lightweight materials market is expected to grow mainly due to increasing stringency in emission norms and the rising bar for fuel-efficient...
Automotive Steering System Market Size & Share, Report, 2027
The Automotive Steering System market is projected to grow from USD 35.3 billion in 2022 to USD 39.5 billion by 2027, at a CAGR of 2.3% over the forecast period.
The rapid adoption of Electric Vehicles (EVs) worldwide creates a huge demand for Electrical Power Steering (EPS) and Steer-by-Wire (SbW) steering systems. Integration of Advanced Driver Assistance Systems (ADAS) with EPS has helped OEMs...
EV Platform Market Size, Share, Growth, Demand by 2030
The EV platform market is estimated to grow from USD 9.0 billion in 2022 to USD 68.0 billion by 2030 at a CAGR of 28.7% over the forecast period.
Preference for high-voltage and long-distance range EVs, high demand for solid-state batteries in EVs, growing demand for end-to-end software-defined vehicles, and development of lightweight EVs would create growth opportunities in the EV platform industry.
Utility...
Electric Truck Market Size, Share, Trends & Forecast 2030
The Electric truck market is estimated to be 101,499 units in 2022 and is projected to grow at a CAGR of 34.2% during the forecast period, to reach 1,067,985 units by 2030. The market for electric truck is increasing due to factors such as increase in distribution services; last mile delivery and government focus on reducing vehicle emissions.
“NMC Battery segment expected to lead to market...