The US automotive motors market is projected to grow at a significant CAGR of 7.2% during the forecast period. The key factors that drive the US automotive motors market include the increased preferences towards the adoption of electric vehicles in order to overcome issues such as oil dependence, global warming, and environmental pollution. Besides, the […]
Category Archives: Automotive
The North America automotive motors market is projected to grow at a significant CAGR of 7.4% during the forecast period. The key factors that drive the market include the increased need for safety features and convenience in a vehicle. The advancements in vehicle manufacturing and the advent of electric vehicles owing to the increased focus […]
Germany automotive motors market is projected to grow at a significant CAGR of 8.9%during the forecast period. The key factors that drive the Germany automotive motors market include the strong and robust automotive industry in the country along with the presence of the major automakers and auto-ancillaries in the country such as Audi, BMW, Ford-Werke […]
The European automotive motors market is projected to grow at a significant CAGR of 9.1% during the forecast period. UK, Germany, Spain, Italy, France, Czech Republic, and Russia are the major countries contributing to the market as these countries are among the leading automotive manufacturers across the globe. European countries are laying emphasis on shifting […]
The Indian automotive motors market is projected to grow at a double-digit CAGR during the forecast period. Considerable growth in vehicle sales (both cars and two-wheeler), exponential growth in the electric vehicle sales, and high export volume are some of the major factors for the substantial market for the automotive motor market in the country. […]
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 smart ticketing market is anticipated to grow significantly at a CAGR of nearly 13.0% during the forecast period (2021-2027). The key companies operating in the industry are highly inclined towards the adoption of different growth strategies including capacity expansion, partnerships, mergers and acquisitions, geographical expansion, new product launch, and product innovation to remain […]
The global robotaxi market is anticipated to exhibit significant CAGR of 109.5% during the forecast period (2021-2027). The real-time viability of robotaxi being a safe way of transportation of passenger or goods is of key importance for its adoption as a mode of transportation in hi-tech cities. Therefore, the significant rise in the number of […]
The Western Europe e-commerce retail market is anticipated to grow at a considerable CAGR of around 26.7% during the forecast period (2021-2027). The market growth is augmented by the rise in internet users in the region as a large number of internet users makes it easy for e-commerce retail market players to reach the targeted customers. This […]
Latin America e-commerce logistics is anticipated to grow at a CAGR of 6.1% during the forecast period (2021-2027). The market growth is mainly attributed to the growth in the number of e-commerce industries, increasing digital infrastructure development, and rising investment by key market players across the globe. More discounted offers and a variety of products […]