Hypercharger Market to Hit 273.7 Thousand Units by 2030
The Hypercharger market size is projected to grow from 10.4 Thousand Units in 2023 and projected to reach 273.7 Thousand Units by 2030, at a CAGR of 59.5%. The Hypercharger demand is primarily driven by the growing popularity and adoption of electric vehicles (EVs). As more consumers and businesses transition to electric mobility, there is a heightened need for charging solutions that offer ultra-fast...
Electric Scooter and Motorcycle Market Trends: Projected to Reach $12.4 Billion by 2030
Electric Scooter and Motorcycle Market Trends show significant growth, with the market projected to reach $12.4 billion by 2030. As urban mobility continues to shift towards eco-friendly and cost-efficient alternatives, electric scooters and motorcycles are emerging as popular choices for commuters seeking fast, affordable, and sustainable transportation solutions. Increased government support through...
China to lead the EV Charging Station Market, global market projected to reach USD 10.1 billion by 2030
The China EV charging station market is expected to grow from USD 6.3 billion in 2024 to USD 10.1 billion by 2030, at a CAGR of 8.2%. China has emerged as a global leader in public light-duty vehicle charging infrastructure, accounting for approximately 70% of the world’s total in 2024, with projections to maintain dominance through 2030. Its robust growth is fueled by strategic initiatives...
The Asia Pacific will dominate the ADAS Market is projected to reach 297 million units by 2030
The Asia Pacific ADAS Market is expected to grow from 122 million units in 2024 to 297 million units by 2030 at a CAGR of 16.0%. The Asia Pacific region is led by China followed by Japan and South Korea. The ADAS penetration in China was 32-38% in 2024 and set to cross 95% by 2030. Leading automakers in the region, such as BYD, Toyota, Honda, Hyundai, and Kia leverage the advantages of safety systems...
Ebike Market – European market scenario with key players and market trend
The Ebike market has been booming during the COVID-19 era. For example, the eBike sales in Europe increased to 15.6 million units in 2022, compared to 14 million units in 2021. Demand for e-bikes will increase in 2021 and 2022 with an increase in traffic congestion, growing e-commerce business, growing interest in cycling as a fitness and recreational activity, and consumers’ tendency towards...
Asia Pacific Electric Vehicle Market Projected to reach USD 404.7 billion by 2030
The Asia Pacific Electric Vehicle Market is expected to grow from USD 218.8 billion to USD 404.7 billion by 2030, at a CAGR of 8.1%. The market in Asia Pacific region is led by growing dominance in China, and increasing demand for passenger EVs in South Korea, India, Japan and south east Asian countries such as Thailand, Indonesia, Malaysia and Vietnam. EV sales in China peaked near 50% share of the...
Automotive Turbocharger Market Size, Share & Trends [2024-2030]
The global automotive turbocharger market size is projected to reach $22.9 billion by 2030, driven by the increasing demand for fuel-efficient vehicles and stringent emission regulations worldwide. Turbochargers play a vital role in enhancing engine performance by enabling smaller engines to deliver higher power output while maintaining fuel efficiency. The growing adoption of turbocharged engines...
Mining Machinery Market Size, Share, Trends & Analysis by 2030
The mining machinery market is projected to grow from USD 24.8 billion in 2023 to USD 32.8 billion by 2030 at a CAGR of 4.1%. The market is being propelled by a range of factors driving widespread adoption at the global level. The rise in the extraction of minerals, metals, and coal from mines is majorly contributing to the growth of the market. Autonomous mining trucks navigate predetermined paths...
EV Charging Station Market Share: Regional Insights and Competitive Landscape
The EV Charging Station Market Share is heavily influenced by the Asia-Pacific region, which accounts for the largest share due to significant investments in infrastructure and widespread adoption of electric vehicles in countries like China, India, and Japan. Europe holds a substantial share as well, supported by stringent government regulations for reducing carbon emissions and financial incentives...
Automotive LiDAR Market Projected to reach $9.59 billion in 2030
The global automotive LiDAR market is projected to reach USD 9.59 billion by 2030, growing from USD 1.19 billion in 2024 at a CAGR of 41.6%. The growth of the market can be attributed to the push of OEMs for a high level of vehicle autonomy, driving the integration of LiDAR systems into sensor suites alongside cameras and radars for improved perception and safety. Many OEMs are integrating LiDAR systems...