Heating, ventilation and air conditioning (HVAC) systems enable indoor and vehicular environmental comfort to provide thermal comfort and acceptable indoor air quality. Integration of HVAC systems in automobiles has been a major development in the automobile industry. Most of the vehicle manufactured today are equipped with HVAC systems, and the number of vehicles is further […]
Category Archives: Business
Automated storage and retrieval systems (ASRS) are type of warehouse technology in which goods are automatically retrieved and returned to storage. This is typically achieved by combining the technology with Warehouse Execution Software (WES) that manages the process and assists warehouse staff while processing orders. Automated storage is used to increase the efficiency of the warehouse […]
The global fuel cell electric vehicle market is anticipated to grow at a substantial CAGR of 2.9% during the forecast period (2025-2031). One of the major factors of contributing to the growth of the market is the rising demand for zero-emission vehicles. The fuel cell electric vehicles have hydrogen as the mode of power to […]
Ride sharing is vehicle rental services provided to customers by various collaborative firms operating across the globe. The rental service comprises of pick up and ferrying the passengers at same or different locations. Ride sharing is gaining popularity across the globe among commuters, and the global ride sharing market is expected to expand at a rapid […]
The rapid urbanization along with increased road congestion has led the manufacturers and service providers to offer efficient and cost-effective transportation and goods-delivery system. Urban air mobility provides transportation of human resource and goods over urban areas via flying vehicles. Urban air mobility offers a cost-effective mode of travel and enhances consumer travel experience at […]
Recreational boat market is growing at a CAGR of 3% during the forecast period. A recreational boat is a type of watercraft which are specifically designed for near-shore area or inland waterways such as rivers and lakes. A boat can be used for many purposes including fishing, ski/wake surfing, sailing, education & training and so […]
The global fuel delivery system market is projected to grow at a CAGR of 4% during the forecast period. The market growth is backed by the technological advancement in the fuel delivery system. Fuel delivery systems are important part of a vehicle which delivers the fuel into the cylinder head. Most of the automobile original […]
The global airbag market is anticipated to grow at a significant CAGR of 7.3% during the forecast period. Some of the factors adding to the growth of the market include the rising number of road accidents and increased awareness of road safety among the general population. Road accident has become a significant concern globally, which […]
The global road safety market is expected to witness a significant growth rate of 8.9% during the forecast period. Rising fatalities owing to the increasing road accidents is one of the solutions factors which is encouraging the government to adopt road safety solutions. As per the World Health Organization (WHO), road accident is the top-most […]
China e-commerce logistics market is estimated to grow significantly at a CAGR of around 15.2% during the forecast period. China offers significant growth opportunities for the market coupled with the trend towards the e-commerce industry and significant demand for smart packaging in the country. The Government of China has promoted the investments and establishment of […]