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...
Construction Equipment Market Size, Share, Trends & Analysis by 2030
The construction equipment market is projected to grow from USD 148.02 billion in 2024 to USD 186.62 billion by 2030 at a CAGR of 3.9%.
The construction equipment industry is expanding in the Asia Pacific due to growing urbanization, increased infrastructure development in Asia’s emerging economies, population expansion, and rising disposable income. Technological advancements in construction...
Hydrogen Truck Market Size and Forecast 2024 to 2035
The global hydrogen truck market size is projected to grow from USD 1.93 billion in 2024 to USD 10.79 billion by 2035 at a CAGR of 16.9% during the forecast period. The hydrogen truck market growth can be attributed to the regulatory backing and government initiatives to develop and deploy hydrogen-powered vehicles in the global market. Also, the expansion of hydrogen refuelling infrastructure and...
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...
Hybrid Product Portfolio of OEMs Projected to Hit 28.5 Million Units by 2030
The hybrid market is projected to grow from 12.4 million units in 2024 to 28.5 million units by 2030 at a CAGR of 13.0%. The major drivers of the market are stringent emission norms set by the governments, an increase in the adoption of sustainable vehicles, and superior efficiency without range anxiety or charging or battery discharge. By region, Europe and China are projected to lead the hybrid...
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...
All-terrain Vehicle Market Size & Share Report 2030
The all-terrain vehicle market size is projected to grow from USD 2.9 billion in 2024 to USD 3.3 billion by 2030, at a CAGR of 2.3%. The market is rising due to increased applications for farm and military operations, advancements in AI technology, which have improved the riding experience, and safety technology for ATVs. This market has also gained popularity due to increased race events and recreational...
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...
Self-driving Cars Market Size worth 76,217 thousand units in 2035
The global self-driving cars market size is projected to reach from 37,090 thousand units in 2024 to 76,217 thousand units by 2035 at a CAGR of 6.8% during the forecast period. Rising concerns about road safety, traffic congestion, and the environmental impact of traditional vehicles are pushing the demand for autonomous electric vehicles. Additionally, the increasing popularity of ride-hailing services...