Autonomous Forklift Market Size, Share, Trends, Growth & Forecast Report 2028
The autonomous forklift market size is projected to reach USD 8.8 billion by 2028 from an estimated USD 4.6 billion in 2023, at a CAGR of 13.8% from 2023 to 2028. The market is projected to expand because of rising demand for automated storage and retrieval systems (ASRS), rising acceptance of automated material handling equipment and warehouses, particularly in the e-commerce sector, industrial expansion...
Cell to Pack Battery Market Share: Key Players and Regional Insights Driving Growth
The Cell to Pack Battery Market Share is poised for remarkable growth, reaching $79.0 billion by 2033. This innovative technology, which eliminates traditional battery modules, is redefining the energy storage landscape by improving energy density, efficiency, and cost-effectiveness. The market share of leading players such as CATL, BYD, and Tesla continues to expand, driven by strategic investments...
Micromotor Market Size, Share, Trends, Growth & Forecast 2028
The micromotor market size is projected to grow from USD 44.8 billion in 2023 to USD 68.3 billion by 2028, at a CAGR of 8.8%. The growth of this market can be attributed to the growing trend for industrial automation, increase in safety and comfort features in automobiles, and rising demand for lightweight components in medical equipment.
Based on Application, industrial automation is predicted...
Electric Scooter and Motorcycle Market Share Expected to Reach $12.4 Billion by 2030
The Electric Scooter and Motorcycle Market Share is projected to grow significantly, reaching a value of $12.4 billion by 2030. This growth is largely driven by the increasing shift toward sustainable urban mobility, as electric two-wheelers provide a cleaner alternative to traditional fuel-powered options. Factors like advancements in battery technology, extended range, and faster charging capabilities...
Connected Tires Market Size, Share, Growth, Report 2028
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Connected tires will grow in demand due to their ability to enhance various aspects of driving, vehicle performance, and overall safety. These tires provide real-time monitoring of essential parameters such as tire pressure, tread wear, and temperature. By continuously...
Automatic Tire Inflation System Market Size, Share, Report Forecast 2028
The automatic tire inflation system market size is projected to grow from USD 82 million in 2023 to USD 138 million by 2028, at a CAGR of 10.7% during the forecast period. The increasing demand for automatic tire inflation systems is driven by various factors, including tire and drivetrain life, vehicle fuel economy, demand for safety features, and improved performance on different driving surfaces.
Rapid...
Robotaxi Market Size, Share, Value & Forecast 2030
The global robotaxi market size, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030.
The growth of the robotaxi market is influenced by the rising demand for ride-hailing services, high R&D investments, and government focus on reducing emissions, infrastructure development, and growth of the electrification...
Automotive TIC Market Size, Share, Growth & Forecast 2028
The global automotive TIC market size is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%.
The growing demand of safer, efficient and fuel-efficient mobility alternative is expected to drive the demand for automotive TIC services around the world. For instance, the demand for TIC services for automotive components such as EV Battery, EV Motors,...
Basalt Fiber Market: Transforming Construction, Automotive, Wind Energy, Electronics, and Marine Industries
Basalt fiber, a remarkable material derived from volcanic rock, is fast becoming an essential component across multiple industries. Its natural origin, combined with a suite of performance advantages, makes it a unique, eco-friendly alternative to traditional materials like fiberglass, carbon fiber, and steel. The basalt fiber market is booming, supported by an increasing demand for lightweight,...
Automotive Seats Market Size to Hit USD 53.7 billion in 2023, at a CAGR of 1.2%
The global automotive seat market growth is projected to reach USD 58.4 billion by 2030 from USD 53.7 billion in 2023, at a CAGR of 1.2%. The automotive seat industry’s growth is mainly driven by growing demand for premium vehicles, rising adoption of powered seats in mid-segment cars & SUVs, and increasing demand for aftermarket seating solutions drive the automotive seat market.
Asia Pacific...