Mobility as a Service Market Projected to Reach $40.1 Billion by 2030
The Mobility as a Service Market is projected to grow from USD 5.7 Billion in 2023 to USD 40.1 Billion by 2030, at a CAGR of 32.2% over the forecast period. Faster internet connectivity, falling vehicle ownership, and the need to reduce traffic congestion and vehicular emissions will fuel the demand for seamless MaaS applications for end-to-end multimodal transport solutions.
Pay-as-you-go payment...
Future of Hydrogen in Automotive Market worth 353 Thousand Units by 2035
The future of hydrogen in automotive market size is projected to grow from 23 thousand units in 2024 to 353 thousand units by 2035, at a CAGR of 28.3%. Factors such as the extended driving range of FCEVs and the increasing interest among consumers indicate hydrogen’s potential as an alternative for zero-emission mobility. Additionally, the rising involvement of investors, advancements in technology...
Connected Car Market worth $26.4 billion by 2030
The global connected car market is projected to grow from USD 12.4 Billion in 2024 to USD 26.4 Billion by 2030 at a CAGR of 13.3%. The connected car market is experiencing exponential growth, driven by various factors. Foremost is the surging consumer demand for constant connectivity and reliance on technology, particularly among tech-savvy populations. This insatiable need for connectivity is being...
Electric Scooter Market Size, Share, Forecast 2024-2030
The global electric scooter market size was valued at USD 4.3 billion in 2024 and is expected to reach USD 12.4 billion by 2030, at a CAGR of 18.9% from 2024 to 2030. The global market is poised for significant growth, driven by expanding charging infrastructure, increased adoption in key countries, and a heightened focus on environmental sustainability. Governments worldwide are actively promoting...
EBike Market Size, Share, Trends & Analysis by 2030
The global EBike market is forecast to grow from USD 48.7 billion in 2024 to USD 71.5 billion by 2030 at a CAGR of 6.6%.
Major drivers driving the e-bike market are government subsidies and incentives, growing micro-mobility services, technological advancements in e-bikes, and infrastructure development dedicated to e-bikes. The e-bike market has been declining in the last few years due to supply...
Automotive Ambient Lighting Market Trends, Size, Share, & Forecast 2027
The automotive ambient lighting market size is projected to reach USD 6.2 billion by 2027 from an estimated USD 3.8 billion in 2022, at a CAGR of 10.6% from 2022 to 2027. The automotive ambient lighting market is mainly driven by increasing demand of premium vehicles, increasing adoption of LED based lighting in C&D segment cars owing to consumer inclination towards more personalized and dictinct...
Electric Bus Market Size, Share, Trends & Analysis by 2030
The electric bus market worldwide size was valued at USD 18.6 billion in 2023 and is expected to reach USD 48.1 billion by 2030, with a CAGR of 14.5% from 2023 to 2030. The market is driven by factors such as demand for zero-emission vehicles, growing environmental concerns, and government initiatives promoting sustainable transportation drive the electric bus market.
Electric Bus Market Growth...
Battery Thermal Management System Market Size, Share, and Trends by 2030
The global battery thermal management systems market size is projected to grow from USD 3.7 billion in 2024 to USD 8.5 billion by 2030, at a CAGR of 14.7%. The BTMS market is witnessing robust growth driven by increasing demand for electric vehicles and innovation around battery technologies may drive the market for BTMS systems.
Driver: Innovation in EV battery system
Battery thermal management...
Automotive Transmission Market Outlook, Size & Share by 2028
The global automotive transmission market size was valued at $62.4 billion in 2023 and is expected to reach $4.2 billion by 2028, at a CAGR of 6.2% during the forecast period. The growth in the automotive transmission market is primarily driven by technological advancements leading to more efficient transmission systems and stringent emissions regulations necessitating the adoption of fuel-efficient...
OTR Tire Market Size, Share & Trends by 2030
The global OTR Tire market is projected to grow from USD 4.8 billion in 2024 to USD 7.0 billion by 2030 at a CAGR of 6.5%. The growing demand for heavy machinery in construction, mining, and agriculture, coupled with increasing infrastructure projects worldwide, is driving the expansion of the OTR tire market. Additionally, advancements in tire technology, such as enhanced durability and tread designs,...