EV Manufacturing Market Size, Share, Demand, Growth | Industry Report 2035
The EV Manufacturing Market is projected to grow from 15.7 million units in 2024 to 46.3 million units by 2035, at a CAGR of 10.3%.
As the electric vehicle sales continue to rise, OEMs face significant challenges in terms of scalability, time to market, technology integration and most importantly capital investment. While capital investment challenge is to some extent being met by EV technology,...
Global Automotive Outlook worth 85.1 million units in 2025
Global Automotive Outlook were 84.0 million units in 2024 and are projected to 85.1 million units in 2025, witnessing a YoY growth of 1.3% from 2024 to 2025.
The growth of light vehicle sales is influenced by various factors, such as the adoption of electric vehicles, especially hybrid vehicles, the development and manufacturing of long-range batteries, the introduction of autonomous vehicles and...
EV Battery Testing Market Size, Share, Demand, Growth, Report, 2030
The EV battery testing market is estimated to grow from USD 3.35 billion in 2024 to USD 9.51 billion in 2030 at a CAGR of 19.0% during the forecast period.
The EV battery testing market is driven by growing demand for electric vehicles. Growing concerns over battery failures, fires, and environmental impacts have led to stricter safety standards, driving the demand for comprehensive testing to...
Battery as a Service Market Size, Share, Growth | Report 2035
The global battery as a service market is projected to reach from USD 0.66 Billion in 2024 to USD 14.45 Billion in 2035, at a CAGR of 32.4%.
The battery as a service market is gaining momentum due to the increasing adoption of EVs, as part of the global shift toward sustainable transportation. Additionally, government policies, such as subsidies and tax incentives, are encouraging the development...
India Automotive Market Size, Share, Trends, Demand & Growth 2030
The India Automotive Market is expected to grow from 5.1 million units in 2023 to 7.5 million units in 2030, at a CAGR of 5.7%.
The India Automotive Market is driven by a rapidly increasing middle class with higher disposable incomes, fast adoption of shared mobility, the launch of affordable cars with lucrative design features, and the government actively pursuing policies for boosting automotive...
EV Battery Recycling Market Size, Share, Trends | Growth Report, 2035
The global EV battery recycling market, by value, is estimated to be USD 0.54 Billion in 2024 and is projected to reach USD 23.72 Billion by 2035, at a CAGR of 40.9% from 2024 to 2035.
The EV battery recycling market is driven by the dual objectives of reducing environmental impact and addressing resource scarcity, particularly for lithium, cobalt, and nickel. Recycled materials are often...
Autonomous Forklift Market Size, Share, Growth & Industry Report, 2032
The autonomous forklift market size is projected to grow from an estimated USD 2.73 billion in 2025 to USD 5.07 billion by 2032 at a CAGR of 9.3% over the forecast period.
The growth of the autonomous forklift market is influenced by factors such as increasing labor shortages, rising warehouse automation, and the rapid expansion of e-commerce & logistics industries. Additionally, advancements...
Machine Tools Industry: Data-Driven Insights Fueling Next-Gen Manufacturing
The Machine Tools Industry is at the core of global manufacturing transformation, serving as the backbone for sectors ranging from aerospace to automotive and medical devices. According to MarketsandMarkets.com, the Machine Tools Industry is projected to reach a remarkable USD 105.11 billion by 2032, growing from USD 81.09 billion in 2025 at a compound annual growth rate of 3.8%. Demand for process...
Compact Construction Equipment Market Size, Share, Trends & Forecast 2032
The Compact Construction Equipment market is projected to grow from USD 39.62 billion in 2025 to USD 56.21 billion by 2032, at a CAGR of 5.1%.
The compact construction equipment industry is expanding in North America due to increased regional residential and infrastructure spending, population expansion, and rising disposable income. Technological advancements in compact construction equipment,...