European smart transportation market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the rising government spending on improving the urban transport and traffic system of the region, especially in UK and France. Moreover, the increasing cross border trade has risen the traffic in […]
Category Archives: Automotive
Asia-Pacific smart transportation market is projected to witness considerable growth during the forecast period. The major factors contributing to the growth of the market include the smart city initiatives in the emerging economies of the region, such as China and India. Moreover, the rising urban population and significant penetration rate of IoT and automation technologies in […]
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 developed and […]
Automatic Route Control System Market is expected to grow at a significant CAGR during the forecast period. The Automatic Route Control System (ARCS) is a self-contained automated system that directs the operation of a standard motor vehicle and manages tasks such as delivery or collection of commodities along predetermined routes. In practice, the system monitors […]
Smart railway market is anticipated to grow significantly at a CAGR of 4.5% over the forecast period. The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launches, and product innovation to remain competitive in the marketplace. […]
The global automated passenger counting system market is anticipated to grow at a considerable CAGR of 11.9% during the forecast period. With the growth in urbanization trends, cities require increasingly reliable, smart, and efficient transportation systems. According to the United Nations (UN), by 2050, around 68% of the global population is expected to be living in urban […]
Dual clutch transmission market is anticipated to grow at a significant CAGR of 5.1 % during the forecast. Rising awareness of low carbon footprint technologies is expected to grow the dual clutch transmission market. Dual clutch transmission systems are effectively improving driver’s experience and are effective for people who are living in congested and unfavorable […]
The global online powersports market is anticipated to grow at a considerable CAGR of 4.3% during the forecast period (2022-2028). 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 […]
The global heat-treated steel plates market is anticipated to grow at a CAGR of 3.2% during the forecast period. The global heat-treated steel plates market growth is driven by the increasing shipbuilding activities globally, especially in Asia-Pacific countries, such as Japan, South Korea, China, and Southeast Asian countries. Heat-treated steel plates are widely used in shipbuilding for […]
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 […]