Automotive Green Tires Market Size, Share, Demand & Growth Forecast 2028
The global automotive green tires market size is projected to grow from USD 11.5 billion in 2023 to USD 15.8 billion by 2028, at a CAGR of 6.5%. The high demand for low rolling resistance tires is one of the key factors driving the growth of the green tires market. Low rolling resistance tires are designed to reduce the amount of energy required for a tire to roll, which can lead to improved fuel...
Electric Commercial Vehicle Market Size, Share, Demand & Growth Forecast 2030
The global Electric Commercial Vehicle Industry Size is projected to grow from USD 70.9 billion in 2024 to USD 255.6 billion by 2030, registering a CAGR of 23.8%.
By offering a more sustainable and cleaner substitute for conventional commercial vehicles that run on fossil fuels, ECVs hope to lessen air pollution, greenhouse gas emissions, and dependency on finite fossil fuel supplies. Due to decreased...
Hybrid Train Market Size to Hit 446 units by 2030 at a CAGR of 1.1%
The global hybrid train market share is projected to grow from 412 units in 2023 to 446 units by 2030, registering a CAGR of 1.1%. Due to increasing concerns over environmental sustainability, the demand for hybrid trains has surged to the forefront of the transportation industry. These innovative locomotives represent a pivotal step towards addressing the evolving needs of modern rail transport,...
Electric Light Commercial Vehicle Market Size to Hit 3,919.3 thousand units by 2030
The Electric Light Commercial Vehicle (e-LCV) market size is poised for remarkable growth, expected to reach 3,919.3 thousand units by 2030, driven by increased demand for eco-friendly transportation, particularly within the logistics sector. A few key factors propel this market:
Environmental Regulations and Sustainability Goals: Stringent emission regulations worldwide push companies to adopt...