The global ride-hailing market is anticipated to grow significantly at a CAGR during the forecast period. High smartphone and internet penetration globally will drive the growth of the global ride-hailing market. In addition to this, greater funding to the startups of the ride-hailing and increasing cost of the vehicle will drive the growth of the […]
Category Archives: Business
The global automotive communication protocol market is expected to grow at a significant CAGR during the forecast period (2025-2031). The growth of the automotive communication protocols market is led by key trends such as the rising electrification of automobiles. Automotive communication protocols employ a serial data bus or wireless technology to send data between different […]
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 financing services market is anticipated to grow at a CAGR of 9.2% during the forecast period. The growing urbanization has driven the need for self-driven mode of transportation which in turn is driving the growth of the global automotive financing services market. Automobiles are expensive products that a middle- or lower income […]
The global pharmaceutical logistics market is growing at a considerable CAGR of 8.0% during the forecast period. Increasing developed modes of transportation, decreasing distribution costs are two of the prime factors affecting and driving the market. Additionally, the increasing supply chain globalization along with growing demand related with over counter (OTC) medicines are also estimated […]
The global automotive digital instrument cluster market is anticipated to grow at a significant CAGR of 19.0 % during the forecast period. The automotive digital cluster or electronic display is a digital panel a set of framework for vehicle speed, engine rpm, fuel capacity, and utilized fuel from the fuel tank. The basic purpose of […]
The global Freight Trucking market is anticipated to grow at a significant CAGR of 5.3% during the forecast period. One of the primary factors contributing towards the growth of the market is the growing culture of online shopping. As per the U.S. Bureau of the Census retrieved from FRED, Federal Reserve Bank of St. Louis, […]
The global vehicle reseller market is anticipated to grow at a significant CAGR of 8.0% during the forecast period. The market is primarily driven by the reduced per capita income of the population across various countries including Pakista, Somalia, and others, which led in shifting the customers towards the used cars. According to the CEIC […]
The global electric commercial truck market is anticipated to grow at a significant CAGR of 22.3% during the forecast period. Due to growing environmental concerns, governments across the globe are focusing on enacting emission norms and laws to reduce vehicle emissions. The government norms and laws are targeting to reduce nitrogen oxides (NOx), and carbon […]
The global dual clutch transmission market is anticipated to grow at a significant CAGR of 5.1 % during the forecast 2021-2027. Rising awareness of low carbon footprint technologies is expected to grow the dual clutch transmission market. Dual clutch transmission systems are effectively improving driver’s experience and are effective for people who are living in […]