Acoustic Vehicle Alerting System Market Trends, Size, Share & Forecast 2030
The global AVAS market is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%.
The AVAS market is driven by the increasing adoption of electric and hybrid vehicles, which are quieter than traditional internal combustion engine vehicles and require AVAS to ensure pedestrian safety. Regulatory mandates from governments and international bodies, such as the...
Automotive Conformal Coatings Market Size, Share, Trends, Forecast 2030
The automotive conformal coating market is projected to reach USD 3.5 billion by 2030, from an estimated USD 2.0 billion in 2024, at a CAGR of 10.0% during the forecast period.
Automotive manufacturers are subject to stringent industry standards and regulations aimed at ensuring vehicle safety, reliability, and performance. These standards often mandate rigorous testing and protection of electronic...
Zinc Battery Market Insights: Current Trends and Emerging Applications
The zinc battery market has been gaining momentum in recent years, driven by advancements in energy storage technologies, increasing environmental awareness, and the global shift toward renewable energy solutions. Zinc batteries, known for their safety, cost-efficiency, and sustainability, are becoming a preferred choice across various industries. This article delves into the latest market trends...
The PLGA Market: Unlocking Opportunities Across Industries
The Poly(lactic-co-glycolic acid) (PLGA) market is growing steadily, driven by its unique versatility and biocompatibility. As a biodegradable polymer, PLGA has become essential in diverse industries such as healthcare, biotechnology, packaging, textiles, and agriculture. With its ability to degrade at controlled rates and adaptability in formulation, PLGA continues to redefine possibilities across...
North America Will Dominate The Heat Pump Market Projected to Reach $157.8 Billion by 2029
The global Heat Pump Market is expected to reach USD 157.8 billion by 2029 from USD 90.1 billion in 2024 at a CAGR of 11.8% during the 2024-2029 period. The heat pump market in the US witnessed substantial growth owing to the growing adoption of energy-efficient systems, favorable governmental incentives for renewable energy adoption, and the need to reduce carbon emissions. As such, heat pumps are...
Future Of SUV Market Size, Share, Trends & Forecast 2030
The SUV market size is projected to reach 53 million units by 2030 from 41 million units in 2024, at a CAGR of 4.4%.
The SUV segment has rapidly gained popularity among consumers owing to its road presence, space & size, stylish design, and advanced safety and comfort features. Mid-size and full-size SUVs with in-cabin safety and comfort features such as 4WD/AWD, automatic transmission, advanced...
Future Of Automotive Market Size, Share, Demand, Growth & Forecast 2030
The automotive industry size, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%.
The growth of the automotive industry is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along with installation of fast and ultra-fast...
The Booming Heat Exchanger Market: Insights and Innovations
The global heat exchanger market is poised for robust growth, projected to expand from USD 23.0 billion in 2024 to USD 32.3 billion by 2029, reflecting a remarkable CAGR of 7.0%. These essential devices facilitate the efficient transfer of heat between fluids, playing a pivotal role in energy conservation across a variety of industries. From recovering waste heat in industrial operations to transferring...
Green Revolution in North America: Biorefinery Industry to Reach $314.62 Billion by 2029
The global Biorefinery Industry is expected to grow from estimated USD 212.05 billion in 2024 to USD 314.62 billion by 2029, at a CAGR of 8.2% during the forecast period. The US biorefinery market is an emerging sector in the global market and is expected to grow exponentially with increased demand for renewable energy fuels that biorefineries can produce biofuels and bio-based products. Feedstocks...
Fire Truck Market Size, Share, Growth & Forecast Report 2030
The global fire truck market is estimated to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030, at a CAGR of 2.7%.
Rapid urbanization, infrastructural development, safety regulations for fire safety, technological improvements, and increase in government spending are projected to be the driving force for a fire truck market. There was a huge demand for the modernization and expansion...