The global postal automation system market is anticipated to grow at a CAGR of 10.6% during the forecast period (2024-2031). An increasing application of postal automation systems for a wide range of end-user applications such as government postal, courier and parcel, express and other applications are the major factors attributable to the growth of the postal automation […]
Category Archives: Automotive
The global hub motor market is anticipated to grow at a moderate CAGR of 4.9% during the forecast period (2024-2031). Globally, with the growth in EV sales and rapid technological advancements such as Advanced Driver Assistance Systems (ADAS), companies are focusing on R&D and portfolio expansion which is driving overall demand for the hub motor market. For […]
The global bike-sharing service market is anticipated to grow at a CAGR of 14.2% during the forecast period (2024–2031). The market growth is attributed to the growing demand for changing mobility patterns across the Globe. Bike-sharing services have expanded significantly as a result of the focus on multipurpose mobility and the trend towards shared mobility. Individuals are […]
The global automotive specialty coatings market is anticipated to grow at a CAGR of 11.1% during the forecast period (2024-2031). The automotive speciality coatings industry has evolved along with the automotive industry globally. The demand for automotive speciality coatings and advancements in coatings technology is influenced by the increase in vehicle production. An increase in the number […]
The global automotive film market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period (2024-2031). Window film is becoming more popular vehicle accessory these days. It improves the driving experience for customers by reducing discomfort from high heat and glare while protecting themselves and their possessions. Window film blocks ultra-violet (UVA) rays […]
The global fighter aircraft market is expected to grow at a substantial CAGR of 3.7% during the forecast period (2023-2030). The increase in the expansion of the Air Forces by various countries is driving the global market. Countries facing increased threats from aggressive neighbours or terrorist groups which is promoting country governments to invest in expanding their […]
The global used car market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the key factors that are boosting the market is the increasing blockchain feature in the vehicle industry for saving the driving history of the vehicle. Such a system has become popular in recent years as it […]
The global aircraft recycling market is anticipated to grow at a considerable CAGR of 7.9% during the forecast period. The key factor driving the aircraft recycling market is the advancement in technology. Key market players are busy in designing and creating advanced recycling processes with the integration of innovative technological systems. Original Equipment Manufacturers (OEMs) are also […]
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 […]
Small Satellite Market is anticipated to grow at a considerable CAGR of 10.1% during the forecast period. The increasing R&D activities by NASA and growth in military spending for surveillance missions will be propelling the market growth. For instance, the adoption of SKYWAN technology by NASA and triband antennas enables real-time transmission. Further in July […]