The global cargo insurance market is expected to grow at a significant CAGR during the forecast period. Cargo insurance is a process used for shipment protection from any theft or physical damage and ensures the optimum value of goods against potential losses during the shipment process over air, seas, or land transportation. Cargo insurance offers […]
Category Archives: Automotive
The global CNG truck market is anticipated to grow at a considerable CAGR of 5.0% during the forecast period (2023-2030). CNG trucks is a commercial vehicle that utilize compressed natural gas as their fuel source, offering a more environmentally friendly alternative to diesel or gasoline. By emitting fewer pollutants and greenhouse gases, these trucks are becoming increasingly […]
The global transportation security technology market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. Growing integration of technologies such as artificial intelligence (AI), internet of things (IoT), and 5G are drastically transforming the public transportation, in terms of efficiency, flexibility, and cost-effectiveness. The growing implementation of automation, IoT, digital tools for […]
The global automotive ignition coil market is anticipated to grow significantly at a CAGR of 4.1% over the forecast period. The market players are considerably contributing to the market growth by the adoption of various strategies including mergers & acquisitions, collaborations, funding, and new product launches, to stay competitive in the market. For instance, in February 2020, […]
The global electric scooter lift and carrier market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The rising demand for electric scooters has created the requirement for easy carrying and lifting equipment used for travelling long distances. Moreover, the advantageous features offered by electric scooter lifts and carrier elevators increase its […]
Automated storage and retrieval systems (ASRS) are type of warehouse technology in which goods are automatically retrieved and returned to storage. This is typically achieved by combining the technology with Warehouse Execution Software (WES) that manages the process and assists warehouse staff while processing orders. Automated storage is used to increase the efficiency of the warehouse […]
Automotive varistor market is expected to grow at a significant CAGR during the forecast period. The use of IoT has risen dramatically in recent years, resulting in a significant surge in the development of wireless communication devices. These gadgets are made up of a variety of electronic circuits and parts. Varistors are utilised as control […]
Grease Cartridges Market is projected to have a considerable CAGR of around 5.0% during the forecast period. A grease cartridge is a metallic nipple that is used in a grease gun for injecting grease into a bearing. A grease cartridge decreases human efforts to a great extent while utilizing grease for machinery equipment, which in […]
Smart transportation market is projected to exhibit a significant growth, at a CAGR of around 9.8%, during the forecast period. The major factors responsible for the growth of the smart transportation market includes the growing research and development in the connected technology in transportation, offering a space for the newer trends in the smart transportation […]
Smart Parking Market is anticipated to grow considerably at a CAGR of 16.5% during the forecast period. The key companies across the globe are adopting different business strategies including expanding their technological advancements, geographic presence, R&D activities, new product approvals, mergers & acquisitions, partnerships, and collaborations to increase market share. Among these, technological advancements are one […]