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...
Conveyor System Market Size, Share & Growth Forecast 2030
The global 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 conveyor system market is experiencing robust growth due to the rising growth of automation, and advancement in 5G, IoT and Artificial Intelligence. Additionally, increasing standards for safer conveyor operations with new technological developments from solution...
Future of Digital Cockpit Market Size, Share & Growth Report 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%.
Due to the growing need for customization, multi-display options, improved safety and convenience, and the incorporation of artificial intelligence (AI) into cockpit functions, the digital cockpit has quickly become more and more popular among consumers. OEMs are constantly...
Autonomous Construction Equipment Market Size worth $9.77 billion by 2030
The autonomous construction equipment market size is projected to grow from USD 4.40 billion in 2024 to USD 9.77 billion by 2030 at a CAGR of 14.2%. Rising focus on advancement in equipment from the OEM side and increasing adoption of automated machinery in the mining & construction segment for operational efficiency and safety to drive the market.
The advancement in AI and machine learning...
Electric Scooter Motor Market Size worth $1,201.2 million by 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 electric scooter motor market for electric two-wheelers (e2w) is witnessing many dynamics on the back of several factors. Firstly, since the battery technology has upgraded itself, it allows the vehicles to provide longer range and better...
Future of EV Manufacturing Market Size worth 46.3 million units by 2035
The Future of EV manufacturing is projected to grow from 15.7 million units in 2024 to 46.3 million units by 2035, at a CAGR of 10.3%.
OEMs confront major obstacles in the areas of scalability, time to market, technological integration, and—above all—capital investment as sales of electric vehicles continue to climb. Plant and platform sharing across other OEMs, manufacturing plant layout,...
EV Battery Testing Market Size worth USD 9.51 billion in 2030
The EV battery testing market size 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. Regulatory requirements and safety standards are becoming stricter worldwide, compelling manufacturers to conduct comprehensive testing to meet compliance norms. The rising focus on battery innovation, including the development of solid-state,...