EV Connector Market Size to Hit USD 10.9 Billion by 2030, at a CAGR of 27.1%
The global EV connector market size is projected to grow from USD 2.0 Billion in 2023 to USD 10.9 Billion by 2030, registering a CAGR of 27.1%. Electric vehicles increasingly rely on advanced electronic systems for everything from battery management, engine control, safety features, and vehicle lighting to driver assistance and infotainment. The rapid adoption of EVs and HEVs necessitates specialized...
Recloser Market Size Booming Worldwide with Leading key players – Eaton, ABB, Siemens, SC
The global Recloser Market Size is expected to reach $1.5 billion by 2030, driven by factors such as infrastructure development, increasing energy demand, and advancements in smart grid technology. Reclosers, which play a critical role in improving the reliability and stability of electrical grids by automatically resetting after momentary faults, are increasingly in demand as utility companies focus...
V2X Cybersecurity Market Size to Hit USD 778 million by 2030
The global V2X cybersecurity market growth is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%. The growth of the V2X cybersecurity market is primarily driven by the rapid expansion of connected and autonomous vehicles on the roads. As the automotive industry increasingly integrates V2X communication technologies to enhance vehicle safety, efficiency, and...
Blower Industry Set for Significant Growth by 2028
The global blower industry is on track to reach $4.6 billion by 2028, growing at a CAGR of 4.8% from $3.7 billion in 2023. This growth is fueled by rising demand across manufacturing, construction, and wastewater treatment industries. Positive displacement blowers, known for their adaptability, are expected to dominate the market. Additionally, energy efficiency and air handling technologies are gaining...
Automotive Telematics Market Size to Hit USD 16.1 Billion by 2030
The Automotive Telematics market growth is projected to grow from USD 9.0 Billion in 2024 to USD 16.1 Billion by 2030 at a CAGR of 10.1% during the forecast period. This growth is mainly driven by the increasing demand for premium and luxury cars, growing concerns regarding safety during breakdowns and accidents, and the rising focus of telematics providers on advanced telematics solutions incorporating...
Electric Commercial Vehicle Market Size is Projected to Reach USD 255.6 Billion by 2030
The global electric commercial vehicle market growth is projected to grow from USD 70.9 Billion in 2024 to USD 255.6 Billion by 2030, registering a CAGR of 23.8%. The electric commercial vehicle market is growing globally, driven by factors such as excessive emissions by fossil fuel-powered commercial vehicles, fluctuations in fuel prices, and government support through policies. Europe and North...
2024 Outlook: Rising Trends in the Carbon Footprint Management Industry
Implementation of COP27 targets to restrict global warming and an increase in demand for energy consumption by industries are expected to propel the growth of the global carbon footprint management market. Moreover, the swelling demand for energy consumption by industries is also positively impacting the growth of the carbon footprint management market.
The global carbon footprint management industry...
Car as a Connected Living Ecosystem to Hit worth $1.5 trillion by 2035
The automotive industry is undergoing a profound transformation, driven by the convergence of technology and mobility. The car is no longer merely a transportation device; it’s evolving into a connected living ecosystem, offering a range of services and features that enhance the driving experience and integrate seamlessly with our digital lives.
Market Size and Share
The market for connected...
Marine Engines Market Size in 2024: What’s Driving the Growth?
The global marine engines market size is projected to reach USD 15.2 billion by 2029, showing a growth from the estimated USD 13.1 billion in 2024, with a compound annual growth rate (CAGR) of 3.0% from 2024 to 2029. Traditionally, after-sales services like maintenance and repairs have been a part of the marine engines market. However, companies are finding ways to optimize this segment to generate...
Exploring the Growth of Electrolyzer Market Size Amidst the Hydrogen Revolution
The global Electrolyzer Market Size is expected to reach USD 57.2 billion by 2030 from USD 0.5 billion in 2023 at a CAGR of 97.7% during the 2023–2030 period. The growing demand for cleaner fuels is one of the major factors driving the Electrolyzers Market. Global electrolyzers demand has been increasing gradually due to goals set to achieve net zero emissions in recent years. Governments worldwide...