Category Archives: Automotive

Motor Racing Telematics MRT Market Value Projected to Expand by 2029

 This Motor Racing Telematics MRT Market research report focuses more on a number of distinctive as well as foremost market sectors. It further focuses market segmentation. Industry-specific interviews are carried out with market players to foresee future business growth. Various facets of the industry are also depicted here under each industry sector. Future development visions and a […]

Low Speed Vehicle Market to Witness Robust Expansion by 2029

Low-speed vehicle market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. The versatility of low-speed vehicles is a crucial feature for sustaining the market. Meter maids, hunting, yard maintenance, industrial utilities, grounds-keeping, and campus security are all common uses for them. They are also utilized in corporate offices, museums, […]

Purpose-Built Vehicle Market 2023 Driving Factors Forecast Research 2029

The global purpose-built vehicles market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2023-2030). The purpose-built vehicle (PBV) market is a new business model in the automotive industry that includes original equipment manufacturers (OEMs) designing, manufacturing, and selling highly customized vehicles according to customers’ application needs also the growing demand for […]

EV Charging Cable Market to See Massive Growth by 2029

EV Charging Cable market is anticipated to grow at a considerable CAGR of 19.8% during the forecast period. The adoption of EVs is increasing rapidly around the world, as more and more people are switching to EVs to reduce their carbon footprint and save money on fuel costs. This is driving the demand for EV charging […]

Sea Air Logistics Market to see Rapid Growth by 2029

Sea Air Logistics Market is expected to grow at a significant CAGR during the forecast period. The process of physically transferring cargo, retail products, and commodities from one continent to another by air and water is known as sea air logistics. Goods can be delivered by air or by water, using either an aircraft or […]

School and Employee Bus Services Market Will Generate Record Revenue by 2029

The global school and employee bus services market is anticipated to grow at a considerable CAGR of 7.2% during the forecast period. Governments around the globe are taking steps to reduce carbon emissions from the transportation sector, including the school and employee bus services market. This is driven by a growing awareness of the impact of carbon […]

Drone Taxi Market to Witness Astonishing Growth by 2029

Drone Taxi Market is projected to grow at a CAGR of XX% during the forecast period.  The primary factor driving the market is its advantages including reduction in traffic congestion, increasing transportation efficiency, and reduction in the level of noise pollution. Further, it can be used to carry passengers for intracity or intercity transportation. The […]

Connected Ship Market Value Projected to Expand by 2029

The global connected ship market is estimated to grow at a CAGR of 4.2% during the forecast period. Ship owners are increasingly implementing digital solutions to improve the safety, efficiency, and navigation of the vessel. Several contracts were reported over the decades to power ships with IoT solutions. For instance, in December 2019, ABB awarded nearly $180 […]

Motorhome Market Is Likely to Experience a Tremendous Growth by 2029

The global motorhome market is expected to grow at a CAGR of 8.5% during the forecast period. One of the factors that are boosting the market growth is the implementation of stringent vehicle emission regulations in most nations across the globe which is encouraging consumers to switch to hybrid and electric recreational vehicles such as motorhomes. The […]

Commercial Aircraft MRO Market to Witness Astonishing Growth by 2029

Commercial Aircraft MRO Market is anticipated to grow at a significant CAGR of nearly 4.5% during the forecast period. The major factors that drive the market growth include increasing investments in aircraft MRO software, increasing economic growth, and speedy growth in urbanization in developing economies. For instance, In January 2021, ST Engineering signed a five-year […]