Electric Coolant Pump Market Size worth USD 3.9 billion by 2030
The electric coolant pump market is projected to grow from USD 1.9 billion in 2024 to USD 3.9 billion by 2030 at a CAGR of 12.8% during the forecast period.
The growth of the electric coolant pump market is influenced by factors such as growing stringency in emission regulations with decreased emission limits, where electric coolant pumps can help reduce engine load and lower emissions. Factors...
Micro Mobility Market Size, Growth, Share Report 2027
The micro-mobility market is estimated to grow from USD 3.4 billion in 2022 to USD 6.1 billion by 2027 at a CAGR of 12.5% over the forecast period.
Developing connected and telematics technologies, opportunities for service providers in untapped markets, and electric two-wheeler & component manufacturers entering the micro-mobility business would create growth opportunities in the micro-mobility...
Electric Utility Vehicle Market Size, Share, Growth & Forecast Report 2027
The electric utility vehicle market is projected to grow from USD 18.9 billion in 2022 to USD 23.9 billion by 2027, registering a CAGR of 4.8%.
The growing electrification of utility vehicles, increased charging density, flourishing logistics & warehousing industry, and rising commercial transport are expected to increase the demand for electric utility vehicles. Electric all-terrain vehicles...
SUV Market Size, Share, Growth, Demand & Industry Forecast 2027
The SUV market is projected to grow at a CAGR of 6.6% during the forecast period, from an estimated USD 885.8 billion in 2022 to USD 1,221.7 billion by 2027, at a CAGR of 6.6%.
Rising consumer inclination toward comfort and automatic safety features, other benefits such as higher ground clearance, commanding driver seating position, robustness, and off-road driving capabilities are projected to...
Air Suspension Market Size, Share, Trends, Outlook & Forecast 2027
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%.
Electric & hybrid buses would lead the market demand for air suspension systems
Stringent emission & fuel efficiency regulations and stiff competition have compelled OEMs to make fuel-efficient and clean energy vehicles. Electrification and hybridization are ways...
Fuel Cell Powertrain Market Size, Share & Forecast 2027
The global fuel cell powertrain market size is projected to grow from USD 512 million in 2020 to USD 3,629 million by 2027, at a CAGR of 47.9%. Asia Oceania is projected to be the largest market by 2027, followed by North America and Europe Increasing developments and investments, along with the push to popularize fuel cell vehicles, will boost the Asia Oceania fuel cell powertrain market. In countries...
Automotive Motors Market Size, Share, Analysis & 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...
EBike Market Size, Share, Trends & Analysis by 2030
The global EBike market is forecast to grow from USD 48.7 billion in 2024 to USD 71.5 billion by 2030 at a CAGR of 6.6%.
Major drivers driving the e-bike market are government subsidies and incentives, growing micro-mobility services, technological advancements in e-bikes, and infrastructure development dedicated to e-bikes. The e-bike market has been declining in the last few years due to supply...
Conveyor System Market Growth, Size, Share, Trends & Forecast 2027
The global conveyor system market size is projected to reach USD 12.7 billion by 2027, from an estimated value of USD 9.4 billion in 2022, at a CAGR of 6.0%. Higher adoption of automation processes in various end-use industries and rising demand for handling larger volumes of goods are the driving factors that are expected to boost the conveyor system market. The constant R&D efforts by conveyor...
Automotive Ambient Lighting Market Trends, Size, Share, & Forecast 2027
The automotive ambient lighting market size is projected to reach USD 6.2 billion by 2027 from an estimated USD 3.8 billion in 2022, at a CAGR of 10.6% from 2022 to 2027. The automotive ambient lighting market is mainly driven by increasing demand of premium vehicles, increasing adoption of LED based lighting in C&D segment cars owing to consumer inclination towards more personalized and dictinct...