Category Archives: Automotive

Usage-based Insurance Market to Witness Astonishing Growth by 2029

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 thriving worldwide by 2029

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 […]

Online Powersports Market to see Huge Growth by 2029

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 […]

Fuel Cell Electric Vehicle Market to Signify Strong Growth by 2023-2029

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 […]

Automotive Fabric Market Will Generate Record Revenue by 2029

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 […]

Automobile Gyroscope Market to See Massive Growth by 2029

Automobile gyroscope market is expected to grow at a significant CAGR during the forecast period. Gyroscopes are sensors that are used to measure orientation in a variety of devices. Gyroscopes have come a long way since their origin, owing to gradual technological advancements. As a result, they have become one of the most important components […]

LAMEA Automotive Carbon Fiber Market Size, Share, Industry Growth, Analysis and Forecast 2023-2029

This LAMEA Automotive Carbon Fiber 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 […]

Reverse Logistics Market Booming Worldwide with Latest Trend and Future Scope by 2029

The global Reverse Logistics market is anticipated to grow at a CAGR of 8.0% during the forecast period (2023-2030). Reverse logistics is the process of managing the flow of products, materials, and information from the point of consumption back to the point of origin. This can include activities such as product returns, recalls, repairs, and recycling. It […]

Retail Logistics Market Value Projected to Expand by 2029

The global retail logistics market is anticipated to grow at a substantial CAGR of 12.1% during the forecast period. The increasing e-Commerce market is one of the major reasons for augmenting the retail logistic market during the forecast period. The introduction of prominent e-commerce companies across the globe such as FedEx Corp, and DHL International GmbH, among […]

Usage-based Insurance (UBI) Market Is Likely to Experience a Tremendous Growth by 2029

The global UBI market is anticipated to grow at a CAGR of 27.9% during the forecast period. Due to the increasing demand for usage-based insurance for automotive continues, along with the strong ecosystem is getting created around connected automotive services. This ecosystem involves participants such as automotive IoT and insurance platform providers, data platform and analytics companies, […]