The US passenger car airbag market is expected to have a modest growth at a CAGR of around 4.5% during the forecast period. The US is one of the global leaders in the automotive sector. Major factors for the significant market include high cost of the vehicle, high awareness related to road safety and cohesive […]
Category Archives: Automotive
The global commercial telematics market is anticipated to grow at a considerable CAGR of 15.8% during the forecast period (2020-2026). The increase in technological advancements by the key providers of commercial telematics solutions & services to differentiate their product offerings to remain competitive in the global market is a key factor to drive the growth of the […]
The global automotive tire market is anticipated to grow at a considerable CAGR during the forecast period (2021-2027). The key companies across the globe are highly inclined towards the adoption of different growth strategies including capacity expansion, mergers and acquisitions, new product launches, and product innovation to remain competitive in the marketplace. For instance, in February 2021, […]
Automotive Rubber-Molded Components Market is Expected to grow at a CAGR of 6% During Forecast 2022-2028. Automotive rubber Molded components include a wide range of Molded rubber parts that vary significantly in terms of shape and weight used for automotive engineering. Automotive rubber Molded components are manufactured using compression,transfer,or injection moulding processes. (Get 15% Discount […]
The global vehicle reseller market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period (2021-2027). The rise in competition among the market and the threat of new entries are the factors will bolster the growth of the vehicle reselling dealership business. The reliable & add on service and quality has changed the […]
The global electric ships market is anticipated to grow at a considerable CAGR of 11% during the forecast period (2021-2027). Rise in adoption of fully electric and hybrid propulsion for retrofitting the existing ships will propel the market growth. This is in response to the compliance of International Maritime Organization (IMO) ruling on reducing sulfur emissions. This […]
The global electric commercial truck market is anticipated to grow at a considerable CAGR of 22.3 % during the forecast period (2021-2027). The reducing cost of EV batteries will make trucks more affordable and will help to increase demand, which will gear up the electric commercial truck market during the forecast period. Government strictness, companies are pushed […]
The global pharmaceutical logistics market is anticipated to grow at a considerable CAGR of 8.0% during the forecast period (2021-2027). The speeding up of increasing focus on advancements in technology is one of the prime factors affecting and driving the market. Through the introduction of blockchain technology, it had been effective in reducing unnecessary administrative costs along […]
The global freight trucking market is anticipated to grow at a considerable CAGR of 5.3% during the forecast period (2021-2027). One of the major factors behind the inclination of the market includes the freight trucking market players undertaking innovations that are making logistic services easy, safe, and economical. Few of the innovations are – · Platooning: This method […]
The global automotive digital instrument cluster market is anticipated to grow at a considerable CAGR of 19.7 % during the forecast period (2021-2027). Automotive digital instrument cluster reveals important data source for drivers, which displays important information about the status of vehicle. As of now, instrument clusters are coming up with 2D and 3D graphics to display […]