Weigh-In-Motion System Market Size, Share, Growth & Forecast 2027
The weigh-in-motion system industry size 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...
Global Engines & Gensets Industry Outlook
The global Engines and Gensets Outlook is expected to grow from estimated USD 401.95 billion in 2024 to USD 417.31 billion by 2025, at a YoY increase of 3.8%. The engines and gensets outlook highlights that both industries are experiencing significant growth driven by the rising demand for fuel-efficient, low-emission engines and reliable power solutions. Engine, which convert fuel into mechanical...
EV Platform Market Size, Share, Trends & Forecast 2030
The EV platform industry size 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.
Opportunities for expansion in the EV platform sector would arise from the preference for high-voltage and long-distance EVs, the high need for solid-state batteries in EVs, the rising desire for end-to-end software-defined vehicles, and the development...
Automotive Lightweight Materials Market Size, Share & Forecast 2027
The automotive lightweight materials industry size 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 market for automotive lightweight materials is anticipated to expand primarily as a result of stricter pollution regulations and the growing...
Automotive Steering System Market Size worth USD 39.5 billion by 2027
The Automotive Steering System Industry Size 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.
Electrical Power Steering (EPS) and Steer-by-Wire (SbW) steering systems are in high demand due to the global deployment of EVs. OEMs have been able to deliver new and enhanced steering features that customers have universally embraced...
EV Battery Recycling Market Size worth USD 23.72 billion by 2035, at a CAGR of 40.9%
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 EV battery recycling market is driven by the dual objectives of reducing environmental impact and addressing resource scarcity, particularly for lithium, cobalt, and nickel. Recycled materials are often...
Autonomous Vehicle Sensor Market Outlook, Key Innovations, Growth Trends, and Business Opportunities 2030
The Global Autonomous Vehicle Sensor Market is witnessing rapid expansion, driven by technological advancements, increasing automation, and the growing demand for smart and connected devices. From automotive and healthcare to industrial automation and consumer electronics, sensors are at the core of the digital transformation across industries.
According to market research, the global sensor market...
Electric Truck Market Outlook, Growth Trends, Key Opportunities, and Industry Insights 2030
The Electric Truck Industry 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 global push toward sustainability is revolutionizing the commercial vehicle industry, with electric trucks leading the charge in reducing carbon emissions and operating costs. As governments implement stricter regulations...
Autonomous Forklift Market Size, Share, Growth & Opportunities 2032
The autonomous forklift market size is projected to grow from an estimated USD 2.73 billion in 2025 to USD 5.07 billion by 2032 at a CAGR of 9.3% over the forecast period.
The growth of the autonomous forklift market is influenced by factors such as increasing labor shortages, rising warehouse automation, and the rapid expansion of e-commerce & logistics industries. Additionally, advancements...
Rolling Stock Market Trends, Innovations, and Growth Opportunities 2030
The rolling stock industry is on the cusp of significant transformation, driven by technological advancements, increasing urbanization, and a global push towards sustainable transportation solutions. As of 2024, the global rolling stock market is valued at approximately USD 28.6 billion and is projected to reach USD 40.1 billion by 2030, reflecting a Compound Annual Growth Rate (CAGR) of 5.8% during...