Electric Commercial Vehicle Market worth USD 248.20 billion by 2030
The global Electric Commercial Vehicle market size is projected to grow from USD 60.48 billion in 2024 to USD 248.20 billion by 2030, at a robust CAGR of 26.6% over the forecast period.
This surge is driven by tightening emissions regulations, fleet electrification in logistics, and improving battery and charging technologies that make electric commercial vehicles more viable for heavy-duty, medium-duty...
Automotive Sensor Fusion Market Size worth USD 3.3 billion by 2030
The global Automotive Sensor Fusion Market Size is projected to expand from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, representing a CAGR of approximately 42.4% over the forecast period.
This strong growth is driven by the rising demand for advanced driver assistance systems (ADAS), higher levels of vehicle automation (L2, L3, L4), stringent safety regulations and consumer expectations...
Hydrogen Truck Market Size, Share | Industry Report 2035
The hydrogen truck market is accelerating as the logistics industry shifts toward zero-emission commercial vehicles. Hydrogen fuel cell trucks are emerging as a sustainable alternative, offering longer ranges and faster refueling compared to battery-electric trucks.
Market Growth Drivers:Rising environmental regulations and demand for sustainable transportation are driving growth. Companies are...
Rolling Stock Market Size, Share | Industry Trends 2032
The rolling stock market is experiencing a significant transformation, fueled by modernization of rail infrastructure, adoption of electric locomotives, and demand for efficient passenger train manufacturing. Rail operators globally are upgrading fleets to improve sustainability, efficiency, and service quality.
Market Growth Factors:The growing demand for freight train market solutions and passenger...
Forklift Market Size, Share & Growth | Industry Report 2032
The forklift market is undergoing rapid transformation, fueled by the growth of e-commerce, logistics, and warehouse automation. Modern operations increasingly rely on electric forklifts, lithium-ion forklift batteries, and warehouse forklift solutions to boost productivity and reduce operational costs.
Market Growth Drivers:The adoption of electric forklifts is increasing due to energy efficiency,...
Automotive Lighting Market Size, Share, Growth Trends & Demand 2030
The automotive lighting market is evolving at an unprecedented pace, driven by technological innovations such as LED headlights for cars, adaptive headlights, and matrix LED technology. Modern vehicles are no longer just means of transport—they are integrated systems where car interior ambient lights and laser headlights technology enhance safety, comfort, and user experience.
Market Growth Factors:The...
Smart Gas Meter Market Size, Share, Industry Growth Trends, and Forecast to 2030
The global smart gas meter market size is projected to reach USD 4.04 billion by 2030, up from USD 2.49 billion in 2024, growing at a CAGR of 8.5% during the forecast period.This steady growth reflects rising investments in smart grid technologies, the digitalization of gas distribution networks, and the integration of AI and data analytics for efficient metering and energy management.
Smart gas...
Automotive Sensor Fusion Market Size, Share, Growth, Trends & Forecast 2030
The global Automotive Sensor Fusion Market Size is expected to expand tenfold by 2030. Factors such as increasing vehicle automation, safety regulations, and the shift toward connected mobility are driving demand.
Moreover, growing consumer interest in ADAS-equipped vehicles and the deployment of autonomous fleets in logistics and mobility services are set to further propel market growth.
Key...
Pad-Mounted Switchgear Market Size, Share | Industry Report, 2030
The pad-mounted switchgear market is projected to grow from USD 6.13 billion in 2025 to USD 7.97 billion by 2030 at a CAGR of 5.4%
The global pad-mounted switchgear market is expected to grow steadily from 2025 to 2030, driven by the increasing shift toward underground power distribution systems, urban infrastructure expansion, and the upgrading of aging grid networks. As urbanization accelerates...
Canned Motor Pumps Market Size, Share & Growth Report 2030
The global canned motor pump market is projected to reach USD 2.27 billion by 2030, up from USD 1.68 billion in 2025, registering a CAGR of 6.2% over the forecast period.
The major drivers for the canned motor pumps market are the rapid industrialization and stringent safety and environmental regulations for industries. The rise in focus on safe handling of hazardous and toxic fluids and the growth...