Baggage Handling System Market Size, Share, Report Forecast 2025
The baggage handling system market is projected to grow at a CAGR of 6.6%, from USD 7.5 billion in 2020 to USD 10.3 billion by 2025. The increasing focus on improving operational efficiency at airports, growing air passenger volume, and significant developments in intermodal transport are the major factors which will drive the baggage handling system market.
The conveying and sorting segment is...
Semi-Trailer Market Size, Share, Growth, Report 2025
The global semi-trailer market was valued at USD 29.5 billion in 2020 and is projected to reach USD 41.2 billion by 2025, growing at a CAGR of 5.6% during the forecast period. Road transportation is a widely utilized mode of transportation of goods because of wide inland connectivity in many regions and the cost advantages it offers over other modes of transportation. Increasing manufacturing activities,...
Automotive Engine Management System Market Size, Share, Analysis 2025
The automotive engine management system market size was valued at USD 63.2 billion by 2025 and is expected to reach USD 58.8 billion in 2020, at a CAGR of 1.5% during the forecast period. The demand for automotive engine management system is driven by the implementation of stringent emission norms, fuel efficiency regulations, growing vehicle production around the globe. The rising demand for...
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...
Construction & Heavy Equipment Telematics Market Size & Share Forecast 2026
The global construction and heavy equipment telematics market size is projected to reach USD 1,498 million by 2026, from an estimated value of USD 676 million in 2021, at a CAGR of 17.2%. Increase in demand for telematics solutions in off-highway equipment and government mandates on safety and security of off-highway equipment are the driving factors that are expected to boost the construction...
Ride Sharing Market Size, Share, Growth and Forecast 2026
The global ride sharing market was valued at USD 85.8 billion in 2021 and is expected to reach USD 185.1 billion by 2026, at a CAGR of 16.6% during the forecast period 2021-2026. The ride sharing market has gained popularity over the past few years because companies are trying to make transportation more reliable, convenient, enjoyable, and safe. The prime purpose of such transportation is to reduce...
Connected Motorcycle Market Size, Share, Report, Forecast 2027
The global connected motorcycle market size is projected to grow from USD 55 Million in 2021 to USD 757 Million by 2027, at a CAGR of 54.7%. The upcoming safety norms for motorcycles in many countries around the world will provide greater opportunities for this market. Connected motorcycles will provide new opportunities to OEMs and service providers for channelizing data to provide better services...
VVT & Start-Stop System Market Size, Share, Trends, Analysis and Forecast 2027
The global automotive VVT & start-stop system market is projected to grow at a CAGR of 5.7%, reaching USD 58.8 billion by 2027 from an estimated USD 42.3 billion in 2021. The key factors that drive the market for VVT & start-stop systems are the demand for improving fuel efficiency and performance, stringent emission norms, and the increasing hybridization of vehicles.
Rise in hybridization...
Automotive Wheels Aftermarket Size, Share, Trends, Growth 2027
The global automotive wheels aftermarket is projected to grow at a CAGR of 3.5% during the forecast period to reach USD 4.1 billion by 2027 from an estimated USD 3.4 billion in 2022. The automobile industry has witnessed a continuous increase in the average weight of the vehicle owing to the rising demand for safety and comfort features. This has led to huge innovations and R&D efforts from both...
Mounted Bearing Market Size, Share, Growth, Trends 2027
The global mounted bearing market size is projected to grow from USD 1.4 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 5.6%. The base year for the report is 2021, and the forecast period is from 2022 to 2027. The global market is driven by adoption of mounted bearings in numerous industries; increased efficiency and long life with less maintenance requirements of mounted bearing; growing...