Electric Scooter and Motorcycle Market Size, Share, Trends & Analysis by 2028
The global electric scooter and motorcycle market worldwide size was valued at USD 4.9 billion in 2023 and is expected to reach USD 14.7 billion by 2028, at a CAGR of 24.8% from 2023 to 2028. With rising emission levels, increasing prices, and the limited availability of petroleum, the demand for zero-emission alternative fuel vehicles has increased. This has, in turn, increased the demand for...
Wireless Charging Market for Electric Vehicles Size Share, Growth and 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%. Increasing focus toward V2G power transfer and increasing penetration of electric vehicles, paired with strong government support towards wireless EV charging are anticipated to increase the demand for wireless charging for electric vehicles...
Hybrid Train Market Size, Share, Growth & Forecast Report 2030
The global hybrid train market is projected to grow from 412 units in 2023 to 446 units by 2030, registering a CAGR of 1.1%. Due to the rising demand for sustainable transportation solutions, the industry of railway systems is experiencing a transformative shift towards hybrid trains. These innovative locomotives seamlessly blend the power of battery-electric, hydroelectric, and diesel-electric propulsion...
Electric Construction Equipment Market Size, Share, Trends, Growth & Forecast 2030
The global electric construction equipment market is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% during the forecast period. The electric construction equipment market has shown significant growth recently. The market growth is primarily driven by the increasing demand to minimize exhaust emissions from construction equipment, reduce ventilation...
Automotive Market Outlook, Size, Share, Growth, Demand & Forecast 2024
The Global Automotive Market Outlook, 2024 will have global passenger and commercial vehicles combined sales projected to 95 million units in 2024, witnessing a YoY growth of 3.1% during the forecast period. The combined sales volume of passenger vehicles and commercial vehicles witnessed a YoY growth of 12.3% from 2022 to 2023, wherein the passenger vehicles segment dominated the sales of the cars...
Racing Simulator Market Size, Share and Forecast Report 2030
The racing simulator market is projected to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030 at a CAGR of 15.6% during the forecast period. The increasing popularity of virtual sim racing events, the growing use of racing simulators for entertainment purposes, the rising number of motorsport events, and the increasing application to racing simulators for professional racers training are...
Automotive Ethernet Market Size, Share and Industry Analysis 2028
The global automotive ethernet market size is projected to grow from USD 2.2 billion in 2023 to USD 5.5 billion by 2028, at a CAGR of 19.7%. the increasing adoption of autonomous cars, where high-speed and reliable communication is essential is driving the growth of automotive ethernet globally.
Booming trend of connected cars
The automotive Ethernet market is experiencing significant growth,...
Automotive Software Market Size, Share, Trends & Analysis by 2030
According to a research report “Automotive Software Market by ICE Application (ADAS, Autonomous Driving, Infotainment, Body Control & Comfort, Telematics), Software Layer (OS, Middleware, Application), Vehicle Type (PCs, LCVs, HCVs), EV Application & Region – Global Forecast to 2030″ published by MarketsandMarkets, the global automotive software market size is projected...
Electric Tractor Market Size, Share, Trends, Demand and Forecast 2030
The Electric Tractor market is projected to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3%. The key factors driving the electric tractor market are advancement in battery technology, stringent emission norms, precision agriculture, and incentives on electric tractors are driving the electric tractor market.
Growing stringent emission regulations
The stringent...
Electric Commercial Vehicle Market Size, Share, Trends, Growth and Forecast 2030
The global electric commercial vehicle market is projected to grow from USD 70.9 billion in 2024 to USD 255.6 billion by 2030, registering a CAGR of 23.8%. The stringent regulations to reduce emissions and promote sustainable transportation practices have incentivized businesses to transition to electric vehicles, aligning with global efforts to combat climate change. Additionally, advancements in...