OTR Tires Market Size, Share & Trends 2032
The global OTR tires market is projected to grow from USD 3.66 billion in 2025 to USD 5.58 billion by 2032 at a CAGR of 6.2%. OTR tires are designed to bear the weight of off-highway vehicles and offer firm traction with the road surface. Growth in construction activities and mining operations, an increase in warehouses, and growing mechanization in farming due to high labor costs are driving the...
Future of Automotive Aftermarket Size, Share, Demand & Growth Forecast 2030
The global automotive aftermarket was USD 674.61 billion in 2024 and is projected to reach USD 804.87 billion by 2030, at a CAGR of 2.9% during the same period.
The global automotive aftermarket is driven by the increasing age and mileage of EVs across all regions in the future, the rising focus on harnessing the power of vehicle telematics to offer services, and the growing adoption of digitalization...
XEV Aftermarket Size, Share, Trends, Growth & Forecast 2035
The global XEV aftermarket was USD 59.00 billion in 2024 and is expected to reach USD 195.07 billion in 2035, at a CAGR of 11.5% from 2024 to 2035.
The future of XEV Aftermarket is driven by a rapidly increasing xEVs in global vehicles, rising age and mileage of EVs across all regions in the future, rising focus on harnessing the power of vehicle telematics to offer services, the increasing adoption...
Fire Truck Market Size Worth USD 9.6 billion by 2030
The global fire truck market size is projected to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030, at a CAGR of 2.7% during the forecast period. Global demand for fire trucks has increased due to factors including harsh pollution regulations in developing nations, increased infrastructure development, and fast urbanization. Advanced fire vehicles are in greater demand due to the growth...
Software Defined Vehicle Market Size Worth USD 1,237.6 billion by 2030
The global Software Defined Vehicle market size is projected to grow from USD 213.5 billion in 2024 to USD 1,237.6 billion by 2030, at a CAGR of 34.0%. The growing focus on vehicle safety and the need for autonomous driving experience in cars are driving forces behind the Software Defined Vehicle market. There are various benefits for consumers, one of them is predictive maintenance, which provides...
Mining Conveyor System Market Size, Share & Trends [2032]
The mining conveyor system market is projected to reach USD 359.4 million by 2032 from an estimated USD 351.7 million in 2025, at a CAGR of 0.3% during the forecast period.
The market is experiencing steady growth, driven by increasing demand for minerals and metals across the globe, particularly in rapidly industrializing economies such as India, China, and Brazil. Furthermore, environmental...
Autonomous Driving Software Market Size & Report 2035
The global autonomous driving software market size is projected to grow from USD 1.8 billion in 2024 to USD 7.0 billion in 2035, at a CAGR of 13.3%.
As automakers and technology companies plan to launch self-driving cars, demand for driving software solutions is likely to rise due to increasing investment in ADAS/AD technologies by OEMs and technology providers. The demand for L2+ vehicles is also...
Rolling Stock Market Size, Share, Report 2030
The global rolling stock market size, by value, is estimated to be USD 28.61 Billion in 2024 and is projected to reach USD 40.10 Billion by 2030, at a CAGR of 5.8% from 2024 to 2030. Rolling stock manufacturers are investing in R&D to develop emission-free trains which include battery-electric propulsion systems, and hybrid configurations that combine multiple energy sources. Additionally, Governments...
Forklift Market Size, Share, Growth & Industry Report 2030
The global forklift market size is projected to grow at a CAGR of 6.7% during the forecast period, from an estimated market size of USD 85.2billion in 2024 to USD 125.4 billion by 2030.
The growing demand for forklifts is driven by several factors, such as the growth in the e-commerce market, the rapid rise in automation in warehouses and manufacturing facilities, and the increase in the number...
Air Suspension Market Size, Share & Forecast 2030
The global Air Suspension Industry is expected to grow from USD 10.0 billion in 2024 to 13.9 billion by 2030, it is projected to grow at a CAGR of 5.6% in the forecast period. The air suspensions play a very important part in a vehicle, as they provide comfort, ride quality, and stability and also help reduce emissions by increasing fuel efficiency. Therefore, automotive OEMs invest very heavily...