Automotive Engineering Services Market Projected to reach $253.9 billion by 2027
The report “Automotive Engineering Services Market by Application (ADAS & Safety, Body Electrical & Electronics, Chassis, Connectivity, Interior/Exterior, Powertrain & Exhaust, Battery, Motor, Charger Test, Simulation), Service, Location & Vehicle – Forecast to 2027″, is projected to grow at a CAGR of 8.8% from USD 153.3 billion in 2021 to USD 253.9 billion...
Rolling Stock Market Dynamics: Driver, Opportunities and Challenges by 2027
The global Rolling Stock Market was valued at USD 53.8 billion in 2022 and expected to reach USD 64.8 billion by 2027 and grow at a CAGR of 3.8% over the forecast period (2022 – 2027). The growth of the market can be attributed to the factors such as increasing urbanization, increasing traffic congestion, rising demand for comfortable journey and growing preference for shorter journey time....
Autonomous Train Market Projected to reach $12.3 billion by 2030
According to a research report “Autonomous Train Market by Level of Automation (GOA1, GOA2, GOA3, GOA4), Technology (CBTC, ERTMS, ATC, PTC), Application, Component, Train Type (Metro, Light Rail, Bullet Train/HSR), Track Length, GOA 4 Systems and Region – Global Forecast to 2030″ published by MarketsandMarkets, the overall autonomous train market is estimated at USD 8.3 billion...
Lawn Mower Market Outlook 2022: Emerging Technology Trends 2022 to 2027
The Lawn Mower
Market, by value, is projected to grow to USD 33.6 billion by 2027 from
USD 23.5 billion in 2022, at a CAGR of 7.4% from 2022 to 2027. The base year
for the report is 2021 and the forecast period is from 2022 to 2027. The major
factors contributing towards the growth is the developments in residential and
commercial purposes. The developments in robotic technologies have also
contributed...
Thermal Systems Market Growth, Trends and Forecast to 2027
The thermal systems market is projected to reach USD 41.7 billion by 2027 from USD 37.6 billion in 2022, at a CAGR of 2.1%. Stringent emission norms and rising demand for in-vehicle comfort applications will drive the automotive thermal system market
Rise in global vehicle production as well as vehicle parc, controlling GHG emissions from vehicles has become major challenge. To overcome this, regulatory...
Usage-Based Insurance Market Size, Growth, Demand, Opportunities & Forecast To 2026
The Usage-Based Insurance Market is projected to reach USD 66.8
billion by 2026 from an estimated USD 19.6 billion in 2021, growing at a CAGR
of 27.7% during the forecast period. The increasing adoption of telematics and
connected car services is expected to drive the usage-based insurance market.
The rolling out of various UBI packages in countries such as India, South
Africa is expected to further...
Connected Rail Market Outlook 2022: Top Players Robert Bosch GmbH (Germany), Siemens (Germany), Hitachi (Japan)
The global Connected Rail Market is expected to grow from approximately USD 94.6 billion in 2022 to reach 124.5 billion by 2027, at a CAGR of 5.6%. Rapid urbanization, a growing population, and the continuous innovation of new technologies are also driving the Connected Rail Market. Growing need for safety and compliance in rail transit is also driving the Connected Rail Market. The North American...
All-terrain Vehicle Market Growth Factors, Demand, Trends and Forecast to 2027
The All-terrain
Vehicle Market, by value, is projected to reach USD 5.0 billion by 2027
from an estimated USD 4.3 billion in 2022, at a CAGR of 2.7% from 2022 to 2027.
The market has a promising growth potential due to factors like rising
applications from farm management to enhancing military mobility operations,
including ease in regulatory norms for registration across different regions of
world....
Automotive Heat Exchanger Market – Opportunities, Trends, and Analysis
The global Automotive Heat Exchanger Market is projected to grow from USD 28.9 billion in 2022 to USD 34.3 billion by 2027, at a CAGR of 3.5%.
Parameters such as steady growth in motor vehicle production, in conjunction with the rise in demand for HEVs and PHEVs, will upsurge the demand for automotive heat exchangers. Further, the rise in demand for battery thermal management systems, coupled...
All Wheel Drive Market Size, Growth, Demand, Opportunities & Forecast To 2027
The global
All
Wheel Drive Market size is projected to reach USD 53.8 billion by 2027, from an estimated value
of USD 35.9 billion in 2022, at a CAGR
of 8.4% during forecasted period. Rapid urbanization, Industrialization and the
rising standard of living of customers is leading to increased demand for
premium cars, and the demand for SUVs is expected to boost the All Wheel Drive
Market....