Electric Truck Market worth $32,133.4 million by 2032
The electric truck market is estimated at USD 5,247.2 million in 2025. It is projected to grow at a CAGR of 29.5%, reaching USD 32,133.4 million by 2032.
The electric truck market is swiftly evolving as governments and fleets push for cleaner freight solutions. With prominent players such as AB Volvo and BYD rolling out models for urban delivery and long-haul routes, adoption is accelerating. For...
The Rise of Electric Bikes: A Deep Dive into the Global Ebike Market
The global Ebike market is rapidly transforming urban and rural mobility, offering a cleaner, smarter, and more affordable alternative to traditional vehicles. From daily commutes to rugged mountain trails, the demand for electric bikes—also known as electric bicycles—is soaring across all demographics.
What Is Driving the Electric Bicycle Boom?
The rising awareness around sustainability,...
Why EV Chargers Are Driving the Future of Mobility
The rise of electric vehicles (EVs) isn’t just a trend—it’s a revolution. As the world shifts towards cleaner, more sustainable transportation, one vital element is ensuring that this transformation runs smoothly: EV Chargers.
Why EV Chargers Matter
Imagine owning a smartphone with no access to a charging port. That’s the dilemma EVs would face without a robust charging infrastructure....
Automotive Radar Market Size, Share, Trends & Analysis by 2032
The automotive radar market is projected to reach USD 22.83 billion by 2032 from USD 5.36 billion in 2025 at a CAGR of 23.0%. The growth of the automotive radar market is being driven by OEMs prioritizing 4D imaging radar integration to enable L2+ to L4 autonomous features, particularly in premium and electric vehicles. This trend is reinforced by regulatory mandates such as GSR II in Europe, NCAP...
Connected Tires Market worth $54 million by 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%. Growing demand for road safety, increased vehicle features are driving the demand for connected tires. With features like tire pressure monitoring, tread wear analysis, and temperature sensing, connected tires offer enhanced safety on the road. Drivers and fleet managers...
Micromotor Market worth $68.3 billion by 2028
The micromotor market is projected to grow from USD 44.8 billion in 2023 to USD 68.3 billion by 2028, at a CAGR of 8.8% during the forecast period. Micromotors have wide applications in automotives, medical equipment, agriculture equipment system, aircraft systems, industrial automation processes, etc. With the increase in demand for miniaturization of components in automotive, medical devices, aerospace...
Automotive TIC Market worth $20.9 billion by 2028
The global automotive TIC market 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,...
Automatic Tire Inflation System Market worth $138 million by 2028
The automatic tire inflation system market 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 improved tire life and to prevent accidents due to tire blowouts, the demand for ATIS in heavy-duty vehicles and farm tractors would create growth opportunities.
ATIS for Farm Tractor is expected to be...