Automotive Motors Market is projected to grow at a significant CAGR of around 8.5% during the forecast period. The key factors that drive the global automotive motors market include the increased need for safety features and convenience. The automotive motors are highly utilized for applications such as the HVAC system, electric power steering, power windows, […]
Category Archives: Automotive
The main factors driving the predator drone market include intelligence, surveillance, and reconnaissance (ISR) capabilities, the requirement for improved border security, and the growing usage of drones in combat operations. The demand for ISR capabilities is rising as a result of the need to better comprehend the battlefield and the actions and objectives of the enemy. ISR […]
The global directed energy weapons market is anticipated to grow at a CAGR of 9.5% during the forecast period (2023-2030). With the rise in terrorist activities, nations require cutting-edge and exceptionally proficient safeguarding gear to protect the citizens of their nation. A significant piece of the budget is spent on the R&D of new technologies in the […]
The global defense electronics market is anticipated to grow at a considerable CAGR of 5.6% during the forecast period. The defense Electronics Market is the industry that provides electronic systems for military operations. The defense industry has seen several recent launches of software services and factories. For instance, in March 2023, The Marine Corps launched its own […]
The global used car market is anticipated to grow at a significant CAGR of 10.1% during the forecast period. One of the key factors that are boosting the market is the increasing blockchain feature in the vehicle industry for saving the driving history of the vehicle. Such a system has become popular in recent years as it […]
The global utility vehicle market is anticipated to grow at a considerable CAGR of 10.3% during the forecast period. 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 segment […]
The global turbocharger market is anticipated to grow at a considerable CAGR of 8.3% during the forecast period. One of the key factors that are fueling the market is the growing competitiveness between the market players. With several key players in the market, companies are advancing, innovating, and launching new products to stay in the competition. For […]
Trucks Telematics is anticipated to grow at a significant CAGR during the forecast period. Telematics essential facilitates increased productivity through a simple web-based interface. Modern fleets can be a lot more efficient if they use data and insights to make better, more educated business decisions. The market is expected to develop due to increasing demand […]
The global tourism vehicle rental market is anticipated to grow at a considerable CAGR of 8.1% during the forecast period. Europe is the major region that holds a prominent market share in the automotive industry and is anticipated to grow significantly during the forecast period. The core driving factors include corporations enlarging their fleets, a good government’s […]
The global terminal tractor market is anticipated to grow significantly at a CAGR of 4.8% over the forecast period. According to Environment Defense Fund, the delivery trucks and tractors are responsible for nearly half of the nitrogen oxide emissions, and about 7% of overall greenhouse gas emissions. To reduce the emissions, the companies are inclined towards manufacturing […]