𝗖𝗼𝗻𝘀𝘁𝗿𝘂𝗰𝘁𝗶𝗼𝗻 𝗠𝗮𝗰𝗵𝗶𝗻𝗲𝗿𝘆 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗥𝗶𝘀𝗶𝗻𝗴 𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗲𝗺𝗮𝗻𝗱 𝗳𝗼𝗿 𝗔𝘂𝘁𝗼𝗺𝗮𝘁𝗲𝗱 𝗦𝗼𝗹𝘂𝘁𝗶𝗼𝗻𝘀
The global construction machinery market is undergoing a transformative phase, fueled by the demand for smart, sustainable, and efficient construction solutions. According to a recent MarketsandMarkets report, the Construction & Mining Equipment Market iis projected to grow from USD 148.02 billion in 2024 to USD 186.62 billion by 2030 at a CAGR of 3.9%.
Key Growth Drivers
Urbanization &...
Trailer Telematics Market Size, Share & Trends [2030]
The trailer telematics market is projected to grow from USD 0.77 billion in 2024 to USD 1.41 billion by 2030, at a CAGR of 10.5% from 2024 to 2030.
The growth of the trailer telematics market can be attributed to rising demand for efficient fleet management, strict government regulations, improved security & safety of assets, and increasing demand in cold chain logistics. These equipment also...
Future of Commercial Vehicle Telematics Market Size, Share, Growth Analysis by 2030
The Future of Commercial Vehicle Telematics Market Size is projected to reach $12.8 billion by 2030, reflecting robust growth driven by advancements in fleet management solutions, data analytics, and vehicle connectivity. Telematics systems are becoming essential for commercial fleets as they provide real-time data on vehicle performance, location tracking, and driver behavior, enabling companies...
Fire Truck Market worth USD 9.6 billion by 2030, at a CAGR of 2.7%
The global fire truck market is estimated to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030, at a CAGR of 2.7%.
Rapid urbanization, infrastructural development, safety regulations for fire safety, technological improvements, and increase in government spending are projected to be the driving force for a fire truck market. There was a huge demand for the modernization and expansion...
Railway Telematics Market: Growth Opportunities and Industry OutlookRailway Telematics Market
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...