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 […]
Category Archives: Automotive
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 […]
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 […]
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 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 […]
The global parking management market is anticipated to grow at a CAGR of 7.28% during the forecast period (2023–2030). The market growth is attributed to the growing demand for Intelligent parking management system based on an Advanced RISC Machine (ARM) platform with wireless sensor networks. There is a considerable increase in the publication of several studies and […]
The global automotive communication protocol market is expected to grow at a significant CAGR during the forecast period. The growth of the automotive communication protocols market is led by key trends such as the rising electrification of automobiles. Automotive communication protocols employ a serial data bus or wireless technology to send data between different electronic […]
US automated storage and retrieval system (ASRS) market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 10.2% during the forecast period. The growth of the market is majorly driven by the increasing application of these systems in end-user industries such as retail, e-commerce, automobile, […]
UK Automated Storage and Retrieval System (ASRS) Market is estimated to grow at a CAGR of over 9.5% during the forecast period. Well-developed e-commerce industry and growing industrial automation are driving the growth of the ASRS market in the country. An increase in the e-commerce industry increases the demand for warehouses which may lead to […]
North American Automated Storage and Retrieval System (ASRS) Market is estimated to generate a significant market value in 2018 and is estimated to grow at a CAGR of 10.1% during the forecast period. The growth is majorly driven by the increasing application of these systems in end-user industries such as retail, e-commerce, automobile, and healthcare […]