EV Charging Cable Market Set to Reach $3.9 Billion by 2030
The global EV charging cable market is projected to grow from USD 1.3 billion in 2023 to USD 3.9 billion by 2030, registering a CAGR of 16.7%. As environmental consciousness and the shift toward sustainable transportation gather momentum, the demand for robust and innovative charging solutions has soared. This surge is influenced by the growing awareness of the environmental benefits of EVs and significant...
Catalytic Converter Market Set to Reach $73.1 Billion by 2025
The global catalytic converter market was estimated to be worth USD 42.4 billion in 2018 and is poised to reach USD 73.1 billion by 2025, growing at a CAGR of 8.10% from 2018 to 2025. The Asia Oceania region is projected to lead the catalytic converter market during the forecast period owing to the highest vehicle production compared to other regions such as North America and Europe. The increasing...
Gasoline Direct Injection Market Estimated to Reach $7.3 Billion by 2027
The gasoline direct injection market is estimated to grow from USD 5.1 billion in 2022 to USD 7.3 billion by 2027 at a CAGR of 7.1% over the forecast period.
Growing stringency in emission limits with decreased emission limits is expected to drive the gasoline direct injection market. In addition, technological advancements such as turbo GDI system, GDI system for hybrid electric vehicles (HEV)...
Automotive Telematics Market Size, Share, Growth, Forecast 2027
The automotive telematics market is estimated to grow from USD 8.8 billion in 2022 to USD 15.5 billion by 2027, at a CAGR of 12.1% during the forecast period.
The automotive telematics market is expected to grow due to growing trend of intra-vehicle connectivity solutions and implementation of government mandates and initiatives. The market growth is also boosted by the growing cellular internet...
Automotive Green Tires Market Size, Share, Trends, Analysis 2028
The global automotive green tires market size is projected to grow from USD 11.5 billion in 2023 to USD 15.8 billion by 2028, at a CAGR of 6.5%. The high demand for low rolling resistance tires is one of the key factors driving the growth of the green tires market. Low rolling resistance tires are designed to reduce the amount of energy required for a tire to roll, which can lead to improved fuel...
Forklift Market Size & Share Forecast 2027
The forklift market size is projected to grow from USD 58.9 billion in 2022 to USD 84.5 billion by 2027, at a CAGR of 7.5% for the same period.
The market is expected to witness growth due to major factors such as rising demand for sustainable intralogistics, rapid growth in the e-commerce and warehousing sector, and increasing demand for lean & automated warehouses to increase operational...
Wireless Charging Market for Electric Vehicles Size, Share, Report, Forecast 2030
The global wireless charging market for electric vehicles size is projected to grow from USD 80 million in 2023 to USD 1279 million by 2030, at a CAGR of 48.4%. The rise in focus towards e-mobility paired with increased infrastructure development for EVs charging are expected to increase the demand for wireless EV charging solutions. Also, the strong government support for emission free electric vehicle...
Automotive Motors Market Size, Share, Industry Forecast 2027
The global Automotive Motors Market for ICE vehicles is projected to grow from USD 23.0 billion in 2022 to USD 28.7 billion by 2027, at a CAGR of 4.5%.
Factors such as recovering sales of automobiles around the world, along with the increasing fuel prices, increasing demand for better fuel efficiency in automobiles and growing demand for low emission transport will boost the demand for use of automotive...
Automotive 3D Printing Market Size, Share, Analysis, Trends & Forecast 2027
The automotive 3D printing market is projected to grow from USD 2.9 billion in 2022 to USD 7.9 billion by 2027, at a CAGR of 21.7%. The increasing demand for Connected, Autonomous, Shared, Electric (CASE) vehicles, need for low-cost manufacturing, low-volume parts production, complex structured components, and critical engine components that are difficult to produce with conventional manufacturing...
E-Bike Market Estimated to Reach $77.2 Billion by 2028
The global E-Bike market is projected to reach USD 77.2 billion by 2028 from USD 51.5 billion in 2023, at a CAGR of 8.4% from 2023 to 2028. The growth in E-Bike industry is expected mainly due to driving factors for market like increasing traffic congestion, growing interest in cycling as a fitness and recreational activity, and the inclination of consumers toward an eco-friendly solution for commuting.
The...