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 […]
Category Archives: Automotive
Motor vehicle insurance market is anticipated to grow at a CAGR of 6.2% during the forecast period. Automotive vehicles are expensive products that a person purchases through their life-long earnings. Thus, any damage or loss of this vehicle does not create financial loss but also impacts the mental health of the vehicle owners. Due to this […]
Bike rental market is anticipated to grow at a significant CAGR during the forecast period. Increased domestic and international tourism, as well as increased migration of individuals across cities, are driving the market forward. Furthermore, one of the important factors driving the growth of the global bike rental market is technological advancement and increased internet […]
Artillery System Market reports provides us with a complete outlook on thorough assessment of thorough data about vital feature of the global industry related to market size, revenue, development and market sales. This study report captures regulatory concerns and entry barriers that greatly affect the market growth. This report emphasizes on how industries get benefit […]
Radial forging machines market size was valued at $160 million in 2022, and is projected to reach $262 million by 2030, registering a CAGR of 7.3% during the forecast period (2023-2030). The market growth can be attributed to the increasing demand for radial forging machines from the automotive industry and other end-user industries. Radial forging machines […]
Usage-based insurance market is anticipated to grow at a significant CAGR of nearly 27.9% during the forecast period. The major factors that drive the growth of the UBI market include the growing automobile industry across the globe, along with the increasing technological advancements in both developing & developed countries. For instance, In July 2018, the […]
Commercial drones market is growing at a CAGR of 17.5% during the forecast period. The factors that augment the growth of the market include increasing demand in varied applications, reduction in size, and technical advancement. Drones are aircraft-flying devices without a human pilot aboard. UAVs are a component of an unmanned aircraft system (UAS) which […]
The global online powersports market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period. The increasing number of off-road and recreational activities across the globe is one of the prime factors affecting and driving the market for online powersports. There have been increasing trends of formula off-road racing programs such as Britpart […]
The global fuel cell electric vehicle market is anticipated to grow at a considerable CAGR of 2.9% during the forecast period (2023-2030). Some of the primary factors that are fueling the fuel cell vehicle market is the enthusiasm of market players to participate in the competition with their new launches. There are five most exciting fuel cell […]
The global automotive fabric market is anticipated to grow at a CAGR of 3.0% during the forecast period. The major strategic moves such as partnerships, collaborations, invention, and innovation adopted by key market players such as Darlington, Toyota, Seiren Group, Southwest and Fabrics & Foam Products, L.P., lead to higher growth of the market in the coming […]