Intelligent airways transportation system market is anticipated to grow at a significant CAGR during the forecast period. The Intelligent Airways Transportation System (IATS) enables airlines to better manage aviation operations through the use of information technology (IT). The primary purpose of Intelligent Airways Transportation System technology is to give passengers a pleasant flying experience and […]
Category Archives: Automotive
The global autonomous farm equipment market is anticipated to grow at a considerable CAGR of 10.2% during the forecast period. The primary factor driving the autonomous farm equipment market is use of AI in farming equipment and technological advancements. Significant technological advancements, such as the use of AI in fully automated tractors and harvesters, are inspiring suppliers […]
The global smart ports market is estimated to grow at a CAGR of nearly 26.0% during the forecast period. The major factors contributing to the growth of the market include a significant rise in the logistics sector and rising demand for automation in ports. A significant rise in the logistics sector has been witnessed in […]
The battery electric vehicle (BEV) market is anticipated to grow at a CAGR of 20.0% during the forecast period (2023-2030). The factors driving the growth of the electric vehicle market include government initiatives and incentives, such as rebates, and schemes to encourage EV ownership by helping offset the high upfront costs of EVs. For instance, in August […]
The global automotive heat treatment market is anticipated to grow at a considerable CAGR of 3.4% during the forecast period (2023-2030). Heat treatment plays a critical role in enhancing the properties of lightweight materials such as aluminum, magnesium, and others, making components durable and resistant to wear and tear. The growth of the automotive heat treatment market […]
Transmission coolers market is anticipated to grow at a CAGR of 10.0% during the forecast period. A transmission cooler is a device designed to regulate and lower the temperature of the transmission fluid in a vehicle’s transmission system. It typically consists of a heat exchanger, usually located in the front of the vehicle that dissipated heat […]
Global Unmanned Aerial Vehicle (UAV) market is anticipated to grow at a lucrative CAGR of 14.5% during the forecast period (2023-2030). The drone sector is a sunrise sector in India with the potential to significantly impact defense, surveillance, internal security, disaster management, agriculture, healthcare, geo-spatial mapping, mining, infrastructure, and aerial photography and cinematography, among many other areas. […]
Automotive tyre pressure monitoring systems market is anticipated to grow at a significant CAGR during the forecast period. The major factor propelling the growth of the global automotive tyre pressure monitoring systems market includes the growing number of road accidents prompting the government authorities to impose safety regulations and norms globally. As per the Global […]
Automotive Motors Market is projected to grow at a significant CAGR of around 8.5% during the forecast period. The key factors that drive the global automotive motors market include the increased need for safety features and convenience. The automotive motors are highly utilized for applications such as the HVAC system, electric power steering, power windows, […]
The global radial forging machine market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2023-2030). The radial forging machines market growth can be credited to the growing demand for radial forging machines from the automotive business and end-user sectors. Radial forging machines are used for manufacturing high-quality gears with exact sizes […]