Autonomous Driving Software Market Size, Share, Trends | Forecast 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%.
The demand for driving software solutions is expected to increase as automakers and tech companies prepare to introduce self-driving cars. This is because OEMs and technology suppliers are investing more in ADAS/AD technologies. Additionally, there...
Conveyor System Market Size, Share, Trends, Growth & Forecast 2030
The Conveyor System market size is projected to grow from USD 10.4 Billion in 2024 to USD 14.8 Billion by 2030, at a CAGR of 6.0%. The constant need to increase the productivity each year is expected to increase the demand for highly mechanized and automated material handling systems like Conveyor System. Additionally, continuous innovation in advance driving technologies and components will boost...
Forklift Market Size, Share, Demand, Growth & Forecast 2030
The global Forklift Market Size is estimated to grow from USD 85.2 billion in 2024 to USD 125.4 billion by 2030, with a CAGR of 6.7% over the forecast period.
The global forklift market observes growth due to growth in e-commerce and warehouse sectors, an increase in demand for warehouse automation, and rising labor costs. Moreover, the rising demand for sustainable material handling equipment...
Hydrogen Truck Market Size, Share, Trends, Demand & Forecast 2035
The global hydrogen truck market size is projected to grow from USD 1.9 billion in 2024 to USD 10.8 billion in 2035, at a CAGR of 16.9%.
Hydrogen Truck market is growing due to expansion in hydrogen refuelling infrastructure and advancements in fuel cell technology, R&D in liquid hydrogen technology, along with rising consumer interest in zero-emission vehicles. Also, the shift towards hydrogen...
Electric Scooter Motor Market Size, Share, Trends & Demand 2030
The global Electric Scooter Motor Market Size is projected to grow from USD 416.0 million in 2024 to USD 1,201.2 million by 2030, registering a CAGR of 19.3%.
The surging popularity of electric two-wheelers, due to their affordability, convenience, and eco-friendliness, is directly fuelling the demand for electric scooter motors. Advancements in motor technology, resulting in improved efficiency,...
Future of Digital Cockpit Market Size, Share & Growth Forecast 2030
The digital cockpit market size is projected to reach 67 million units by 2030 from 45 million units in 2024, at a CAGR of 7.0%.
The digital cockpit has rapidly gained popularity among consumers owing to the increasing demand for personalization, multi-display solutions, enhanced safety and convenience, and the integration of AI in cockpit features. OEMs continuously work towards enhancing personalization...
Future of EV Manufacturing Market Trends, Demand & Forecast 2035
The Electric Vehicle sales 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,...
Autonomous Construction Equipment Market Size, Share, Report, 2030
The Autonomous Construction Equipment Market Growth is projected to grow from USD 4.40 billion in 2024 to USD 9.77 billion by 2030, at a CAGR of 14.2% from 2024 to 2030.
The growth of the autonomous construction equipment market can be attributed to rising labour costs and their advantages in remote environments. This equipment also come with benefits such as cost efficiency, improved workplace...
Self-driving Cars Market Size, Share, Demand, Growth & Forecast 2035
The global self-driving cars market size is projected to reach from 37,090 thousand units in 2024 to 76,217 thousand units in 2035, at a CAGR of 6.8%.
The self-driving cars market is poised for significant growth, driven by advancements in sensor technologies like LiDAR and radar, the adoption of vehicle-to-everything (V2X) communication, and the rise of mobility-as-a-service (MaaS) solutions such...
EV Battery Testing Market Size, Share, Trends & Forecast 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...