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 […]
Category Archives: Automotive
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 […]
The global intelligent airways transportation system market is anticipated to grow at a significant CAGR during the forecast period. The Intelligent Airways Transportation System (IATS) enables airlines to better manage aviation operations through the use of information technology (IT). The primary purpose of Intelligent Airways Transportation System technology is to give passengers a pleasant flying […]
The global forklift truck market is anticipated to grow at a considerable CAGR of 4.9% during the forecast period. The primary factor fueling the market growth is the active participation of key market companies. The market players are consistently growing the competition in the market via their new launches, innovations, and collaborations which are contributing to the […]
The global lobster dining car market is expected to grow at a significant CAGR during the forecast period (2021-2027). The major factors propelling the growth of the global lobster dining car market include the rising awareness about the benefits of seafood and ready-to-eat food. Lobsters are rich in Copper, phosphorus, zinc, omega-3 fatty acids, magnesium, […]
The global automotive radar sensors market is anticipated to grow at a CAGR of 20.4% during the forecast period. Automotive radar sensors are an active safety feature that warns a driver in the event of an imminent frontal collision. When the vehicle comes too close to another vehicle in front of it, a visual and audible signal […]