Global Car Care Products Market Size, Share, Industry, Trends and Forecast 2027
The global car care products market is projected to grow at a CAGR of 1.9% during the forecast period, from an estimated USD 4.4 billion in 2022 to USD 4.8 billion by 2027.
Increase in sale of used cars, use of e-commerce platforms by leading players to increase customer base are expected to offer promising future growth of the market for car care products. Availability of various auto beauty shops...
CV Depot Charging Market Size, Share, Trends & Global Forecast by 2030
The CV depot charging market size for chargers of new vehicles was USD 4.7 billion in 2023 and is projected to reach USD 30.7 billion in 2030, witnessing a CAGR of 28.2% from 2024 to 2030. The report also includes the analysis of number of chargers for new vehicles in depot setting, number of chargers for ECV parc in depot setting, cost of chargers (including installation cost) for new vehicles in...
Forklift Market Size, Share, Trends, Analysis, Industry Report & Global Forecast 2027
The forklift market size is projected to grow from USD 58.9 billion in 2022 to USD 84.5 billion by 2027, at a CAGR of 7.5% for the same period.
The market is expected to witness growth due to major factors such as rising demand for sustainable intralogistics, rapid growth in the e-commerce and warehousing sector, and increasing demand for lean & automated warehouses to increase operational...
Global SUV Market Size, Share, Trends, Industry & Forecast 2027
The SUV market is projected to grow at a CAGR of 6.6% during the forecast period, from an estimated USD 885.8 billion in 2022 to USD 1,221.7 billion by 2027, at a CAGR of 6.6%. The growth of the SUV market.
Rising consumer inclination toward comfort and automatic safety features, other benefits such as higher ground clearance, commanding driver seating position, robustness, and off-road driving...
Automotive Telematics Market Size, Share, Global Trends & Industry Forecast 2027
The automotive telematics market is estimated to grow from USD 8.8 billion in 2022 to USD 15.5 billion by 2027, at a CAGR of 12.1% during the forecast period.
The automotive telematics market is expected to grow due to growing trend of intra-vehicle connectivity solutions and implementation of government mandates and initiatives. The market growth is also boosted by the growing cellular internet...
Automotive Valves Market Size, Share, Global Trends, Industry Forecast 2027
The global automotive valves market is projected to grow at a CAGR of 2.3% from 2022 to 2027, to reach a market size of USD 28.2 billion by 2027. The key driving factors behind the growth of automotive valves market are rise in sales of vehicles, demand for HVAC systems, growing emission regulations and increasing adoption of electric vehicle.
Solenoid valve – Expected to grow at the highest...
Fuel Cell Powertrain Market Size, Share, Global Trends & Industry Forecast 2027
The global fuel cell powertrain market size is projected to grow from USD 512 million in 2020 to USD 3,629 million by 2027, at a CAGR of 47.9%. Asia Oceania is projected to be the largest market by 2027, followed by North America and Europe Increasing developments and investments, along with the push to popularize fuel cell vehicles, will boost the Asia Oceania fuel cell powertrain market. In countries...
Global EV Test Equipment Market Size, Share, Trends, Industry, Forecast 2027
The global EV test equipment market size is projected to grow from USD 79 million in 2022 to reach USD 242 million by 2027, at a CAGR of 25.2%.
The increasing demand for alternative fuel vehicles has increased the growth of the market for electric vehicles. To reduce crude oil consumption, automotive emissions, and air pollution, governments around the world have adopted and implemented favourable...
Conveyor System Market Size, Share, Global, Trends, Industry & Forecast 2027
The global conveyor system market size is projected to reach USD 12.7 billion by 2027, from an estimated value of USD 9.4 billion in 2022, at a CAGR of 6.0%. Higher adoption of automation processes in various end-use industries and rising demand for handling larger volumes of goods are the driving factors that are expected to boost the conveyor system market. The constant R&D efforts by conveyor...
Electric Power Steering Market Size, Share, Global Trends, Report & Industry Forecast 2027
The Electric Power Steering Market is projected to grow at a CAGR of 5.4% from 2021 to 2027, to reach a market size of USD 33.4 billion by 2027 from USD 24.3 billion in 2021. The major factors driving the growth of the electric power steering market are stringent automotive safety and security norms introduced by the government, rising preference of vehicle electrification among OEMs and Tier I suppliers,...