The global armored vehicles market is anticipated to grow at a significant CAGR of 6.1% during the forecast period. One of the major factors that are contributing to market growth is the growing demand for the tensions between the nations in recent years. Countries such as China, India, the US, Russia, and others have been […]
Category Archives: Business
The global automotive wheels aftermarket is anticipated to grow at a significant CAGR during the forecast period. The major factor driving the growth of the global automotive wheels aftermarket during the forecast is the increasing use of lightweight materials to reduce the overall weight of the vehicle. Additionally, engine downsizing is growing in the automotive […]
The global automotive ignition coil market is anticipated to grow at a considerable CAGR of 4.1% during the forecast period. The factors contributing to the growth of the market include the growing number of e-commerce platforms across the globe, due to which the demand for automotive ignition coils has increased. The countries are reopening their […]
The global smart railway market is projected to grow at a modest CAGR of 4.5% during the forecast period. The smart railway market’s primary factor is growing digitization and urbanization in emerging economies such as India and China, among others. Further, the growing application of technology in the travel and tourism industry is another factor […]
The global drone package delivery market is anticipated to grow at a significant CAGR of 14.9% during the forecast period. One of the core factors that is fueling the market is increasing traffic jams on the road. The delivery system has been facing issues a big challenge in terms of delivering products on time to […]
The global automotive drive shaft market is anticipated to grow at a significant CAGR of 5.5% during the forecast period. The automotive drive shafts have witnessed an increasing uptake on account of their numerous merits over conventional components. The drive shafts provide secure connections between shafts, wheels, and rotary equipment. In addition, flexible shaft couplings […]
The global automotive horn market is anticipated to grow at a significant CAGR of 7.3% during the forecast period. The rising number of vehicles across the globe is the prominent factor driving the demand and growth of the automotive horn market. According to India Brand Equity Foundation (IBEF), India’s annual production of automobiles in 2021 […]
The global motor vehicle insurance market is anticipated to grow at a CAGR of 6.2% during the forecast period. Automotive vehicles are expensive products that a person purchases through their life-long earnings. Thus, any damage or loss of this vehicle does not create financial loss but also impacts the mental health of the vehicle owners. […]
The global small boat market is anticipated to grow at a considerable CAGR of 3.7% during the forecast period. The modern boat layouts including the Gen-Z category attract customers towards them. Additionally, the integration of advanced technologies including IoT, AI, and smart sensors provides various convenient facilities including GPS tracking and automatic control. Such a […]
The global trade finance market is anticipated to grow at a CAGR of 7.5% during the forecast period. Trade finance can help reduce the risk associated with global trade by reconciling the divergent needs of an exporter and importer. The rise in the need for safety and security of trading activities, surge in adoption of […]