The global business jet market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2023–2030). The addition of new models to existing fleets moves the worldwide market ahead. According to the General Aviation Manufacturers Association (GAMA), jet deliveries climbed by 12.5% in the first half of 2019. New models such as the […]
Category Archives: Automotive
Global automotive bushing market is anticipated to grow at a CAGR of 4.7% during the forecast period (2023-2030). The growth of the automotive bushing industry is driven by technological advancements, increasing production of vehicles, and growing demand for luxury and comfort. There are various types of bushings used in cars that include leaf spring bushings, steering rack […]
Automotive NFC Market is estimated to grow at a CAGR of over 20% during the forecast period. The NFC (Near Field Technology) is a bidirectional short-range communication technology that works on the electromagnetic field induction for the safe and secured data transfer. It enables users to exchange information, configure and connect devices and easily access […]
The global automotive chips market is anticipated to grow at a considerable CAGR of 14.9% during the forecast period. Growing participation of the market players to develop and introduce automotive chips is anticipated to bolster the growth of the automotive chips market during the forecast period. The automobile market has been facing the chip shortage issue for […]
Convertible Roof System Market is anticipated to grow at a considerable CAGR of 3.9% during the forecast period. The convertible roof top vehicle has been driven by the consistent development in the technologies and the new vehicle launches in the market. This constant participation of the market players has been making the market more and […]
The Global Connected Car Solutions Market is expected to grow at a significant CAGR during the forecast period (2023-2030). A connected car can communicate with other systems outside of the vehicle in both directions. It has internet access and, in most circumstances, a wireless network. This enables the car to access and exchange data, download software and […]
The global unmanned surface vehicle market is anticipated to grow at a significant CAGR of 4.9% during the forecast period. One of the major factors that are projecting considerable growth in the market is the growing demand for water quality monitoring systems. Unmanned surface vehicles (USVs) are armed with various payload sensors which are used […]
The global automotive axle market is anticipated to grow at a considerable CAGR of 1.5% during the forecast period (2023-2030). The growing developments in the automotive axle market are driving the growth of the global automotive axle market. For instance, in September 2022, Automotive supplier Hitachi Astemo signed a contract with Honda to manufacture electric axles for […]
The global freight trucking market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period. One of the major factors behind the inclination of the market includes the freight trucking market players undertaking innovations that are making logistic services easy, safe, and economical. Few of the innovations are – Platooning: This method allows […]
The global nickel-cadmium battery market is anticipated to grow at a considerable CAGR of 0.7% during the forecast period. The market growth is mainly attributed to the use of nickel-cadmium batteries in the healthcare sector across the globe. Hospitals require several types of batteries for powering electronic medical equipment. In hospitals, fetal monitors, pagers, infusion pumps, portable […]