EV Cables Market Size, Share, Demand & Growth Forecast 2028
The Global EV Cables Industry is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028
The major factors driving the growth of the EV cable market are increasing fuel prices that have increased the demand for electric vehicles. Also, heavy R&D activities by EV cable manufacturers to develop EV cables for automobiles are expected to push the growth of...
Automotive Green Tires Market Size, Share & Growth Report 2028
The global automotive green tires market size is projected to grow from USD 11.5 billion in 2023 to USD 15.8 billion by 2028, at a CAGR of 6.5%. The high demand for low rolling resistance tires is one of the key factors driving the growth of the green tires market. Low rolling resistance tires are designed to reduce the amount of energy required for a tire to roll, which can lead to improved fuel...
Automotive Interior Market Size, Share, Growth & Forecast 2028
The global automotive interior industry, by value, is estimated to be USD 157.4 billion in 2023 and is projected to reach USD 194.8 billion by 2028, at a CAGR of 4.4% from 2023 to 2028.
The growth of the automotive interior market is influenced by various factors such as Increasing customer preference for convenience, premium features, and advanced safety features, Integration of smartphone connectivity,...
Wireless EV Charging Market Size, Share, Trends, Growth & Forecast 2030
The global wireless charging market for electric vehicles size is projected to grow from USD 80 million in 2023 to USD 1279 million by 2030, at a CAGR of 48.4%. The rise in focus towards e-mobility paired with increased infrastructure development for EVs charging are expected to increase the demand for wireless EV charging solutions. Also, the strong government support for emission free electric vehicle...
Hybrid Train Market Size, Share, Growth Report 2030
The global hybrid train market is projected to grow from 412 units in 2023 to 446 units by 2030, registering a CAGR of 1.1%.
The demand for hybrid trains is surging worldwide, driven by a convergence of critical factors. In an era characterized by increasing urbanization, heightened environmental consciousness, and a growing emphasis on energy efficiency, hybrid trains have emerged as a transformative...
Automotive Sensor Fusion Market Opportunities, Size, Share 2030
The global Automotive Sensor Fusion Market is projected to grow from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, registering a CAGR of 42.4%.
The sensor fusion market for automotive is experiencing a remarkable surge in growth, revolutionizing the global automotive industry. Integrating sensors, data, and artificial intelligence has transformed how cars perceive and interact with the environment....
Electric Light Commercial Vehicle Market Size & Share Report 2030
The global electric light commercial vehicle market size is projected to grow from 333.6 thousand units in 2022 to 3,919.3 thousand units by 2030, at a CAGR of 36.1%.
Factors such as rising demand for zero-emissions commuting and government support for low-emission vehicles through subsidies and tax breaks have resulted in automakers embracing EVs and the expansion of the electric light commercial...
Forklift Market Size Worth USD 125.4 billion by 2030
The global forklift market is estimated to grow from USD 85.19 billion in 2024 to USD 125.42 billion by 2030, with a CAGR of 6.7% over the forecast period. Growth in the e-commerce and warehouse sectors, increased demand for warehouse automation, and rising labor costs are the key reasons behind the growing demand for forklifts worldwide. According to the International Trade Administration,...
Electric Commercial Vehicle Market Size worth USD 255.6 billion by 2030
The global Electric Commercial Vehicle market, by value, is estimated to grow from USD 60.41 billion in 2024 to USD 248.20 billion by 2030, with a CAGR of 26.6%.
Global electric commercial vehicle sales have surged due to regulatory incentives, technological advancements, and economic benefits. Additionally, growing last-mile delivery and urban logistics are driving the growth in electric commercial...
Electric Commercial Vehicle Market: Trends, Growth Drivers, and Forecast to 2030
The global Electric Commercial Vehicle Market, by value, is estimated to grow from USD 60.41 billion in 2024 to USD 248.20 billion by 2030, with a CAGR of 26.6%.
Global electric commercial vehicle sales have surged due to regulatory incentives, technological advancements, and economic benefits. Additionally, growing last-mile delivery and urban logistics are driving the growth in electric commercial...