Electric Construction Equipment Market Size, Share, Trends | Forecast [2030]
The global electric construction equipment Industry is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% from 2023 to 2030. The market is driven by factors such as – increasing demand to minimize exhaust emissions, operational benefits such as decreased ventilation costs in underground mining & lower operating costs of electric equipment, and...
Automotive Telematics Market Size, Share, Growth, Trends | Forecast [2030]
The Automotive Telematics Industry is projected to grow from an estimated USD 9.0 billion in 2024 to reach USD 16.1 billion by 2030 at a CAGR of 10.1% during the forecast period. Automotive manufacturers are highly focused on collaborating with telematic suppliers to integrate their services into their new models to increase drivers’ and on-road safety. Several automakers offer e-SIM card facilities...
Automotive Gears Market Size, Share, Trends & Forecast by 2030
The global automotive gears market is expected to grow by USD 42.7 billion in 2024 to 50.8 billion in 2030, projected to grow at a CAGR of 3.0% in the forecasted period. The rising global vehicle production is expected to drive the market. The rising demand for SUVs and premium vehicles has increased in developed and developing countries, with increasing disposable income, consumer demand for ride...
Automotive Interior Market Size, Share | Report [2030]
The global automotive interior industry, by value, is estimated to be USD 157.4 billion in 2023 and is projected to reach USD 194.8 billion by 2028, at a CAGR of 4.4% from 2023 to 2028.
The growth of the automotive interior market is influenced by various factors such as Increasing customer preference for convenience, premium features, and advanced safety features, Integration of smartphone connectivity,...
Electric Powertrain Market Size, Share, Growth | Analysis [2030]
The electric powertrain Industry is projected to reach USD 230.5 billion by 2030 from USD 96.7 billion in 2023, at a CAGR of 13.2% from 2023 to 2030.
The electric powertrain market is driven by growing demand for electric vehicles which in turn is influenced by factors such as growing stringency in emission norms and government support in terms of tax exemptions & subsidies to promote electric...
Hybrid Trains: The Future of Sustainable Rail Transportation
As the demand for eco-friendly transportation solutions rises, hybrid trains are emerging as a key player in the rail industry. Combining traditional fuel engines with electric power, hybrid trains offer significant benefits in terms of efficiency, emissions reduction, and operational flexibility. In this newsletter, we will explore the importance of hybrid trains, their market dynamics, and the innovations...
Green Tires: Driving the Future of Sustainable Mobility
As the global automotive industry shifts towards more sustainable and eco-friendly solutions, the Green Tires Market is rapidly gaining traction. Green tires are not only designed to reduce fuel consumption but also to minimize environmental impact through innovative materials and manufacturing processes. In this newsletter, we’ll explore the importance of green tires in the future of sustainable...
Hypercharger Market Size and Share: Projected to Reach 273.7 Thousand Units by 2030
The hypercharger market is poised for substantial growth, with projections estimating a market size of 273.7 thousand units by 2030. This significant expansion is driven by the rapid adoption of electric vehicles (EVs) and the increasing need for faster, more efficient charging solutions. As the EV market continues to evolve, hyperchargers are emerging as a critical component of the infrastructure,...
Electric Light Commercial Vehicle Market Size, Growth | Forecast 2030
The global electric light commercial vehicle market size is projected to grow from 333.6 thousand units in 2022 to 3,919.3 thousand units by 2030, at a CAGR of 36.1%.
Factors such as rising demand for zero-emissions commuting and government support for low-emission vehicles through subsidies and tax breaks have resulted in automakers embracing EVs and the expansion of the electric light commercial...
Wireless EV Charging Market: The Game Changing Potential | Forecast 2030
The global wireless charging market for electric vehicles size is projected to grow from USD 80 million in 2023 to USD 1279 million by 2030, at a CAGR of 48.4%. The rise in focus towards e-mobility paired with increased infrastructure development for EVs charging are expected to increase the demand for wireless EV charging solutions. Also, the strong government support for emission free electric vehicle...