Automotive Fuel Cell Market Trends and Forecast by 2030
The global automotive fuel cell market size is valued at USD 0.2 billion in 2024 and is expected to reach USD 2.1 billion by 2030, at a CAGR of 48.0%. Government support toward green hydrogen technology and improving hydrogen infrastructure is expected to support the automotive fuel cell market. Furthermore, the fuel cell vehicle (FCEV) market is poised for expansion, driven by increasing demand...
E-Bike Market Size, Share, Analysis & Forecast Report, 2028
The global E-Bike market is projected to grow from USD 49.1 billion in 2023 to USD 62.3 billion by 2028 at a CAGR of 4.9%. The e-bike industry has declined in 2023 in some regions due to economic uncertainty, supply chain disruptions, and price competition due to intense competition. However, these are temporary challenges, and the market would remain positive in the long-term outlook. Though the...
Automotive Turbocharger Market Size, Share, Analysis & Forecast by 2030
The Automotive Turbocharger Market is estimated to grow from USD 15.0 billion in 2023 to USD 22.2 billion by 2028 at a CAGR of 8.1% over the forecast period.
The growth in the automotive turbocharger market is attributed to the growing fuel-efficiency targets & decreasing emission limits, and the trend toward high-performance vehicles. Due to the growing vehicle parc of turbocharged vehicles,...
Electric Vehicle Battery Market Share, Analysis, Trends & Forecast by 2033
The global Electric Vehicle 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%. Increased awareness about environmental concerns and the desire for sustainable transportation options are driving consumer interest in electric vehicles. Longer battery life, faster charging times, and increased driving ranges are influencing consumer decisions....
Automotive Brake System Market Size, Share, Trends & Global Forecast by 2028
The automotive brake system market is projected to grow from an estimated USD 23.5 billion in 2023 to USD 30.1 billion by 2028 at a CAGR of 5.1% during the forecast period.
The automotive brake system market growth is mainly driven by the regulations on stopping distance and safety standards in countries such as China, India, Brazil, the European Union, the US, and Canada, among others. Further,...
Automotive V2X Market Size, Share, Trends & Global Forecast by 2030
The global automotive V2X market is projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%.
Factors such as advancements in connected car technology, coupled with a heightened emphasis on traffic safety, supportive government initiatives, and regulatory frameworks, are anticipated to contribute significantly to the revenue growth of the automotive Vehicle-to-Everything...
Train Battery Market Set to Reach $378 Million by 2030
The global train battery market is projected to grow from USD 277 million in 2023 to USD 378 million by 2030 at a CAGR of 4.6% from 2023 to 2030.
The growth in the train battery market is primarily driven by factors such as development in the rail network, strengthening emission norms, and growing operating costs of the urban rail network, which are considered the most significant drivers of the...
Recreational Boat Market Estimated to Reach $25.9 Billion by 2028
According to a research report “Recreational Boat Market by Boat Type (Yachts, Sailboats, Personal Watercrafts, Inflatables), Size (<30 Feet, 30-50 Feet, >50 Feet), Engine Placement, Engine (ICE, Electric), Material, Activity Type, Power Source, Region – Global Forecast to 2028″ published by MarketsandMarkets, the global recreational boat market, by value, is estimated to...
Automotive Paints Market Estimated to reach $9.9 billion by 2028
According to a research report “Automotive Paints Market by Type (E-coat, Primer, Basecoat, Clearcoat), Resin (PU, Epoxy, Acrylic), Technology (Solvent, Water, Powder), Paint Equipment (Airless, Electrostatic), Texture, Content, ICE & EVs, Refinish and Region – Global Forecast to 2028″ published by MarketsandMarkets, the global automotive paints market is estimated to be USD...
Bike and Scooter Rental Market Set to Reach $10.1 Billion by 2027
The global bike and scooter rental market is projected to grow from USD 2.5 billion in 2019 to reach USD 10.1 billion by 2027, at a CAGR of 18.9%. The growth of the bike and scooter rental market is influenced by the rising demand for micro mobility and shift of consumer preference toward a more economical, convenient, and flexible mode of transport.
Electric propulsion is expected to be the largest...