Automotive Engineering Services Market Share & Growth Report 2030
The automotive engineering service market share is projected to grow from 153.2 billion in 2022 to 243.9 billion by 2028, registering a CAGR of 8.1%.
The growing demand of zero-emission vehicles, advancements in technologies such as ADAS, battery management, connectivity, among others, and rising commercial transport are expected to increase the demand for automotive engineering services around...
With 5.4% CAGR, Diesel Generator Market to Reach $23.4 Billion by 2029
The global Diesel Generator Market is expected to reach USD 23.4 billion by 2029 from USD 17.9 billion in 2024 at a CAGR of 5.4% during the forecast period according to a new report by MarketsandMarkets™. Diesel generators are essential because they provide reliable and constant source of electricity during power outages and emergencies. The longevity and durability of diesel generators allow...
Automotive Lightweight Materials Market Size & Share Report 2027
The automotive lightweight materials industry is projected to grow from USD 73.9 billion in 2022 to USD 101.5 billion by 2027, at a CAGR of 6.5% for the same period. The base year for the report is 2021, and the forecast period is from 2022 to 2027.
The automotive lightweight materials market is expected to grow mainly due to increasing stringency in emission norms and the rising bar for fuel-efficient...
Navigating the Public Cloud Market: Insights for Enterprises and IT Leaders
The Public Cloud Market is set to experience remarkable growth, driven by increasing adoption across various industries and organizations of all sizes. According to a research report, “Public Cloud Market by Service Model (Infrastructure as a Service, Platform as a Service, Software as a Service), Organization Size (Large Enterprises, Small and Medium Enterprises (SMEs)), Vertical...
“Specialty Vehicle Market Size: Projections and Growth Insights from 2024 to 2030
The specialty vehicle market size is projected to grow from USD 82.30 billion in 2024 to USD 99.80 billion by 2030, at a compound annual growth rate (CAGR) of 3.3%. This growth is driven by increasing investments in healthcare and emergency services, along with the expansion of the construction and logistics sectors. The rising demand for customization to meet specific customer requirements is also...
Weigh-In-Motion System Market Size, Share & Trends 2027
The weigh-in-motion system market growth is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period.
Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) is boosting the growth of the market for weigh-in-motion system. Road safety regulations by governments especially...
Global Future Trends of the Smart Locker Industry: Growth Trends, Regional Insights, and Future Opportunities
The smart locker industry is undergoing significant growth as technological innovations, increasing e-commerce demand, and the need for secure, contactless solutions shape the future. Smart lockers are transforming how businesses and consumers manage deliveries, personal storage, and last-mile logistics. As these lockers are adopted in sectors such as retail, logistics, residential buildings, and...
Access Control as a Service (ACaaS) Industry in North America: Current Trends and Future Outlook
The Access Control as a Service (ACaaS) industry is rapidly gaining momentum in North America, driven by the increasing need for security, technological advancements, and the growing trend of cloud-based solutions. As organizations across various sectors prioritize safeguarding their physical and digital assets, ACaaS is emerging as a pivotal solution. Offering flexibility, scalability, and ease of...
Farm Equipment Market Size: Key Drivers and Growth Factors by 2030
The farm equipment market size is significantly influenced by the increasing demand for food production due to the growing global population. As more people require food, farmers are turning to advanced equipment to enhance productivity and efficiency. Innovations in technology, such as precision agriculture and smart farming solutions, are also contributing to the expansion of the market. These advancements...
Automotive Steering System Market Size to Hit $39.5 billion by 2027, at a CAGR of 2.3%
The Automotive Steering System market size is projected to grow from USD 35.3 billion in 2022 to USD 39.5 billion by 2027, at a CAGR of 2.3% over the forecast period.
The rapid adoption of Electric Vehicles (EVs) worldwide creates a huge demand for Electrical Power Steering (EPS) and Steer-by-Wire (SbW) steering systems. Integration of Advanced Driver Assistance Systems (ADAS) with EPS has helped...