The global road haulage market is anticipated to grow at a CAGR of 5.5% during the forecast period (2023-2030). Among the various factors that drive the road haulage market, fuel efficiency has emerged as the most critical one. The more efficient a vehicle is, the less fuel it consumes, which translates into lower costs for the haulage […]
Category Archives: Automotive
The global defense logistics market is anticipated to grow at a considerable CAGR of 2.3% during the forecast period. The management of logistics and supply chain operations is of vital importance in the defense sector. Defense logistics focuses on key areas of logistics and supply chain management in contexts, such as sustainability, inventory management, resilience, procurement, information […]
Aviation asset management market is anticipated to grow at a significant CAGR of 5.9% during the forecast period. Airports have a range of airside and landside assets such as airfields, refueling facilities, runways and taxiways, transit systems, aerobridges, buildings, baggage handling systems, parking garages, and air navigation aids, that require efficient asset management tools for […]
The global electric vehicle (EV) taxi market is anticipated to grow at a significant CAGR of 14.1% during the forecast period. One of the factors that are influencing taxi manufacturers and transport service providers for adopting the electrification of vehicles is the governmental initiatives for electric vehicles across the globe. For instance, in May 2022, the EU […]
The global electric vehicle (EV) test equipment market is anticipated to grow at an exponential CAGR of 22.3% during the forecast period. One of the core factors that is contributing to the exponential growth of the market during the forecast period is the increasing participation and activeness of market players in EV test equipment. In recent times, […]
North American automotive data logger market is anticipated to exhibit considerable CAGR of 6.1% during the forecast period. The presence of cohesive government policies for the deployment of autonomous cars across the region is a key factor driving the growth of the North American automotive data logger market. The US is the major contributor to the […]
European automotive data logger market is anticipated to exhibit considerable CAGR of 5.7% during the forecast period. The growing consumer demand for high-tech vehicles is a key factor promoting manufacturers to invest in new & innovative product launches to gain of the market share. The rise in the number of data loggers launches for automotive applications […]
Asia-Pacific automotive data logger market is anticipated to exhibit considerable CAGR of 7.5% during the forecast period. The rising adoption of the advanced electronic component in the trending and upcoming vehicle architecture is a key factor driving the growth of the Asia-Pacific automotive data logger market. This is due to the fact that the advanced electronic […]
The global automotive image sensors market is anticipated to grow at a CAGR of 11.3% during the forecast period (2023-2030). With the growing demand for smart features in automobiles, companies are focusing on various R&D activities and portfolio expansion to stay competitive. For instance, In September 2023, Sony Semiconductor Solutions Corp. (SSS) released an automotive image sensor, […]
The global CNG truck market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period (2023-2030). CNG trucks is a commercial vehicle that utilize compressed natural gas as their fuel source, offering a more environmentally friendly alternative to diesel or gasoline. By emitting fewer pollutants and greenhouse gases, these trucks are becoming increasingly […]