Autonomous Vehicle Market for Luxury Segment Poised to Transform the Driving Experience in the Coming Years

The first fully autonomous cars are expected to hit the market between 2025 and 2030, with driverless car technologies being viewed as an essential boost for this market. The global autonomous vehicle market for luxury segment is projected to grow at a CAGR of 35.35% during the forecast period from 2025 to 2030, with the market size predicted to reach 27,906 Units in 2025 and 126,774 Units by 2030. Based...

Low Speed Vehicles Market are Changing the Face of the Transportation Industry

The low speed vehicle market in North America is projected to grow at a CAGR of 3.06%, reaching USD 4.15 billion by 2022. The rising trend of using low speed vehicles in gated communities, resorts, industrial & college campuses and changing the face of the transportation industry to drive the low speed vehicle market is projected to fuel the demand of these vehicles. To respond to consumer preferences,...

Rigid Foam Market: Outlook, Opportunity & Future Trends Till Forecast Period 2022

The market for rigid foam has been growing rapidly due to its excellent combination of properties such as energy conservation, high mechanical strength, along with the lighter weight as compared to other foams. Rigid foam plays an important role in modern building & construction, automotive, packaging, and other industrial applications due to its efficient thermal insulation properties.   Moreover,...

Increased Demand for Luxury and Comfort Drive to Fuel the Growth of Air Suspension Market in the Coming Years

Over a passage of time, suspension systems have evolved drastically from leaf and coil-overs to air suspension systems. Initially, the use of air suspension systems was limited to commercial vehicles, luxury cars, and buses, which constitute a major part of commute across the globe. However, with the increased demand for vehicles and luxury and comfort drive, the demand for air suspension systems has...

Mining Lubricants Market Current Size & Future Projections According to the Economic & Industrial Outlook

The mining lubricants market was valued at USD 1.95 billion in 2016, and is projected to reach USD 2.56 billion by 2022, at a CAGR of 4.5% from 2017 to 2022. Growth of the mining industry, increase in the demand for coal in electricity generating applications, and the increasing demand for base metals such as copper, nickel, lead, zinc, and others are fueling the demand for mining lubricants. Royal...

Wind Turbine Composites Material Market Industry Leaders & New Revenue Pockets & Research Insight

Agreements and expansions are key development strategies adopted by leading players in the wind turbine composite market The use of composites to develop structural parts of wind turbines is growing due to the increase in demand for high strength, lightweight, corrosion resistive, and durable materials. The wind turbine composite market is projected to reach USD 12.17 billion by 2021, at a CAGR of...

Composite Bearings Market Leaders & New Revenue Pockets & Research Insight

Acquisitions and expansions are the key development strategies adopted by the leading market players to drive the global composite bearings market. The use of composite bearings is becoming crucial in the construction & mining and automotive applications due to the increase in demand for self-lubricating, high strength, operational stability at high temperatures, and light-weight materials. The...

Microspheres Market Leaders Research Insight and New Revenue Pockets

The global microspheres market size was USD 3.98 billion in 2016 and is projected to reach USD 6.68 billion by 2022, at a CAGR of 9.02% between 2017 and 2022. Key players in this market have adopted strategies such as expansions and new product launches to meet the demand of end users. They are also focusing on acquisitions to strengthen their market position increasing their share in the microspheres...

Asia-Oceania Region to be a Favorable Market for Rolling Stocks in the Years to Come

Railways have become an indispensable part of the transport system and play a crucial role since all the industries are highly dependent on it for the transportation of a variety of goods, raw materials, and other basic commodities. Rolling stocks that mainly include locomotives, passenger coaches, and freight wagons are the most reliable and safest mode of transport as compared to other modes. Growing...

Growing Demand for Fuel-Efficient and Electric Vehicles to Propel the Growth of Automotive Actuators Market in the Coming Years

Actuators are being implemented in the automotive industry since for long with a purpose of converting energy into motion. Advancements in technology coupled with the increasing number of applications of actuators have led the global market for automotive actuators to witness good growth in the past few years. In addition, growing demand for fuel-efficient vehicles and growing automotive industry are...