Automotive Aftermarket worth $804.87 billion by 2030

Automotive Aftermarket
The global automotive aftermarket was USD 674.61 billion in 2024 and is projected to reach USD 804.87 billion by 2030, at a CAGR of 2.9% during the same period. The automotive aftermarket is driven by the increasing age and mileage of EVs across all regions in the future, the rising focus on harnessing the power of vehicle telematics to offer services, and the growing adoption of digitalization...

EV Aftermarket worth $195.07 billion in 2035

XEV Aftermarket
The global EV Aftermarket was USD 59.00 billion in 2024 and is expected to reach USD 195.07 billion in 2035, at a CAGR of 11.5% from 2024 to 2035. The future of EV Aftermarket is driven by a rapidly increasing EVs in global vehicles, rising age and mileage of EVs across all regions in the future, rising focus on harnessing the power of vehicle telematics to offer services, the increasing adoption...

Construction Equipment Industry Outlook 2025: Trends, Growth Drivers & Market Forecast

The construction equipment industry in 2025 is defined by rapid technological transformation, increasing demand across global infrastructure projects, and a shift toward sustainability and digital innovation. The market, valued at USD 148.02 billion in 2024, is anticipated to grow to USD 186.62 billion by 2030 at a CAGR of 3.9%, driven by urbanization, government investments, and infrastructure development...

Self-driving Cars Market Size, Share, Growth | Industry Report, 2035

Self-driving Cars Market
The global self-driving cars market 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 as...

Electric Trucks Market Size, Share, Growth, Industry Report, 2032

Electric Truck Market
The electric truck market is estimated at USD 5.25 billion in 2025. It is projected to grow at a CAGR of 29.5%, reaching USD 32.13 billion by 2032. The ev truck market is swiftly evolving as governments and fleets push for cleaner freight solutions. With prominent players such as AB Volvo and BYD rolling out models for urban delivery and long-haul routes, adoption is accelerating. For instance,...

Electric Car Market 2025: Driving Sustainable Mobility and Revenue Growth

Electric Vehicle Market
The global electric car market is experiencing robust expansion as advances in technology and consumer demand for sustainable transportation redefine automotive landscapes worldwide. Business leaders and market strategists must navigate evolving regulatory, competitive, and infrastructure dynamics to capture share in this high-growth segment. Executive Summary The global electric vehicle market...

Forklift Market Size, Share, Growth & Industry Report, 2030

Forklift Market
The global forklift market 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 industry 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...

Robotaxi Market Size, Share, Growth | Industry Report 2030

Robotaxi Market
The global robotaxi market, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030. The growth of the robotaxi industry is influenced by the rising demand for ride-hailing services, high R&D investments, and government focus on reducing emissions, infrastructure development, and growth of the electrification...

Electronic Parking Brake System Market Size, Share & Trends [2025-2032]

The electronic parking brake system market size was valued at USD 2.51 billion in 2025 and is expected to reach USD 4.70 billion by 2032, at a CAGR of 9.4%, during the forecast period 2025-2032.  Increasing electrification of vehicles, particularly in hybrid and battery-electric models, and growing production of ICE vehicles are creating strong demand for electronic parking brakes, as they...

Microcars Market worth $49.00 billion by 2032

Microcars Market
The Microcars Market is projected to grow from USD 36.75 billion in 2025 to USD 49.00 billion by 2032 at a CAGR of 4.2%. The microcars market is expanding in Asia due to increased urbanization, population shifts from rural to urban areas, and the ongoing developments in electric & hybrid technology. Technological advancements in microcars, such as connected car features and integration of width...