Railway Telematics Market – Analysis, Trends and Forecasts
The Railway Telematics Market is estimated to be USD 5.1 billion in 2021 and is projected to grow at a CAGR of 7.5% during the forecast period, to reach USD 7.3 billion by 2026.
Various countries have realized that the development of railway infrastructure is one of the important factors driving economic development. Therefore, a number of countries and OEMs are investing significantly in railway...
Automotive Engineering Services Market (2021-2027)
The global Automotive Engineering Services Market is projected to grow at a CAGR of 8.8% from USD 153.3 billion in 2021 to USD 253.9 billion by 2027.
Vehicle manufacturers are increasingly focusing on the implementation of advanced technologies in vehicles. The megatrends of vehicle lightweighting, autonomous vehicles, connectivity services, and electrification of vehicles will transform the...
Automotive Hypervisor Market: Key Players and Forecast
The global Automotive Hypervisor Market is projected to grow at a CAGR of 39.3% during the forecast period to reach $704 million by 2026 from an estimated $134 million in 2021.
The Asia Pacific is estimated to lead the market in 2020; China, Japan, and India are the key contributors to the automotive hypervisor market in the region. The increasing demand for luxury vehicles especially in China...
Highway Driving Assist Market, 2019–2027 (USD Million)
Highway Driving Assist is a driving convenience and safety system that controls the vehicle’s steering, acceleration, and deceleration functions to reduce driver workload on highways and motorways. It maintains the speed set by the driver, keeps a safe distance from the vehicle directly ahead, keeps the vehicle in the center of its current lane, and automatically changes the lane when required....
Increasing Demand for Occupancy Sensor Market by 2025
The occupancy sensor market is
projected to reach USD 3.6 billion by 2025 from USD 2.9 billion in 2020; it is
expected to grow at a CAGR of 13.3% during the forecast period. The growth of
the occupancy sensor market is driven by factors such as increasing need for
energy-efficient lighting controls and the growing popularity of smart homes. On the other hand, the rising trend of green buildings
across...
Autonomous Truck Market is Expecting Revolutionary Growth in Coming Years
The Global Autonomous Truck Market size is projected to reach USD 1,550 million by 2030, from USD 460 million in 2024, at a CAGR of 22.4%. The forecast period is from 2024 to 2030. The autonomous truck technology is the evolution in the trucking and transportation industry, as it can save a considerable amount of money and solve problems like driver shortage and increasing road accidents. Also, after...
In-Vehicle Computer System Market Growing Immensely at a Global Level
The Global In-Vehicle Computer System Market is projected to reach USD 980 million by 2025 from USD 565 million in 2020, at a CAGR of 11.6%.
In-vehicle computer systems are designed to be used as network video recorder (NVR), in-vehicle gateways, and more, and offer high-performance computing and reliable communication for various automotive applications. These computers are ruggedized to withstand...
Covid-19 Impact on the Functional Safety Market
According to the new
market research report “Functional Safety Market, by Offering
[Component (Safety Sensor, Programmable Safety System, Final Control Element),
Services], System (ESD, TMC, F&G, HIPPS, BMS), Industry (Oil & Gas,
Chemicals, Power Generation), and Region – Global Forecast to 2025”, published
by MarketsandMarkets™, the Functional Safety Market was worth USD...
Major Key Trends in Warehouse Management System Market
According to the new market research report “Warehouse
Management System Market with COVID-19 Impact Analysis by Offering
(Software, Services), Deployment (On-Premise, On-Cloud), Tier Type (Advanced,
Intermediate, Basic), Industry (3PL, Automotive, E-Commerce), and Region –
Global Forecast to 2025”, published by MarketsandMarkets™, the
Warehouse Management System...
Fastest Growth in Cloud Gaming Market in Coming Years
The Cloud Gaming Market is estimated to be valued at USD 306 million in 2019 and is projected to reach USD 3,107 million by 2024, at a CAGR of 59.0%.
The
major driving factors are the commercialization of 5G, the rise in a number of
gamers, and the upsurge of immersive and competitive gaming on mobile. An
increase in the number of internet users is also expected to drive cloud gaming
growth during...