The Global Connected Car Solutions Market is expected to grow at a significant CAGR during the forecast period (2022-2028). A connected car can communicate with other systems outside of the vehicle in both directions. It has internet access and, in most circumstances, a wireless network. This enables the car to access and exchange data, download […]
Category Archives: Automotive
The global automotive regenerative braking market is anticipated to grow at a considerable CAGR of 16.1% during the forecast period (2022-2028). One of the crucial factors fueling the market growth includes the rapidly growing urbanization across the globe. As per the data published by the Word Bank, in 2020, global urbanization reached 56.2% in 2020, which was […]
The global armored vehicles market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2022-2028). One of the crucial factors that have been boosting the market growth is the growing military activities between countries for strengthening the security of the nations. Such military collaboration has been increased in the past few years […]
The global commercial telematics market is anticipated to grow at a significant CAGR during the forecast period (2021-2027). Telematics is defined as a method of monitoring the location and movement of vehicle through various systems such as Global Positioning System (GPS) and on boards diagnostics systems. With the support of GPS and on boards diagnostics […]
The global 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 […]
The global automotive wheels aftermarket is anticipated to grow at a significant CAGR during the forecast period (2022-2028). The major factor driving the growth of the global automotive wheels aftermarket during the forecast period is the increasing demand for lightweight materials in the automobile industry across the globe. Additionally, the rising sales of passenger cars with the […]
The global automotive speaker market is anticipated to grow at a considerable CAGR of 6.8% during the forecast period (2022-2028). The growing adoption of advanced technologies in automotive industry will propel the market growth. The consumers are seeking for more cutting-edge features in their audio systems, such as those that are energy-efficient, touchscreen-optimized, Bluetooth-enabled, navigation system and […]
The global automotive horn market is anticipated to grow at a considerable CAGR of 7.3% during the forecast period (2022-2028). The rising demand for new vehicles such as passenger vehicles and commercial vehicles coupled with demand for soft tone horns by consumers and government authorities is the key factor boosting the market growth. Furthermore, the companies are […]
The global 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. […]
The global IT spending in transportation market is expected to grow at a significant CAGR during the forecast period. It is defined as an investment or spending in the transportation system and its related activities in terms of devices and solutions. IT spending has been increasing across several transportation modes including airways, roadways, railways and […]