Category Archives: Automotive

Automated Passenger Counting System Market Comprehensive Insight by Growth Rate, Industry Status, Forecast till 2029

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 to Witness Robust Expansion by 2029

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 […]

Online Powersports Market to see Huge Growth by 2028

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 […]

Heat-Treated Steel Plates Market to see Rapid Growth by 2028

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 […]

Electric Scooter Lift and Carrier Market Value Projected to Expand by 2028

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 […]

Motorhome Market to Witness Astonishing Growth by 2028

The global motorhome market is expected to grow at a CAGR of 8.5% during the forecast period. One of the factors that are boosting the market growth is the implementation of stringent vehicle emission regulations in most nations across the globe which is encouraging consumers to switch to hybrid and electric recreational vehicles such as motorhomes. The […]

Aerographene Market is Anticipated to Increase at a Stable CAGR over the Forecast Period (2022 to 2028)

The global aerographene market is anticipated to grow at a significant CAGR during the forecast period. The major factor for the growth of the market is the increasing demand for electronic devices such as mobile phones, printers, laptops, TVs, and many others. With increasing disposable income across the globe, it is expected that the market […]

Vehicle Inertial Sensor Market to Witness Growth Acceleration by 2028

The global vehicle inertial sensor market is expected to grow at a significant CAGR during the forecast period. Inertial measurement units (IMUs) are used with high-performance sensors (gyroscopes, magnetometers, and accelerometers) in inertial systems to offer high-accuracy information on the surrounding environment through relative movement. The strong combination of inertial measurement units (IMUs) and other […]

Utility Vehicle Market to Witness Growth Acceleration by 2028

The global utility vehicle market is anticipated to grow at a considerable CAGR of 10.3% during the forecast period (2022-2028). One of the core factors driving the market is the growing participation of the market players which has increased the competition in the market. In recent years, market players have been launching their new vehicles in the […]

Car POS Machine Market Sluggish Growth Rate Foreseen by 2022-2028

The global car POS machine market is anticipated to grow at a considerable CAGR of 7.8% during the forecast period. Cloud computing refers to the on-demand access of data and programs from a centralized pool of resources. The rising adoption of the cloud platform is considered to be one of the major factors augmenting the […]