Purpose-built vehicle market is anticipated to grow at a considerable CAGR of 6.1% during the forecast period (2023-2030). Purpose-built vehicle are the vehicles manufactured according to the need and demand of the consumer. The growing adoption of customized vehicles is coupled with the increasing disposable income is the key factor supporting the growth of the […]
Category Archives: Business
Automotive drivetrain market is anticipated to grow at a CAGR of 5.8% during the forecast period (2023-2030). The market growth is attributed to commercial trends across the globe. The availability of the APP550 highlights the continued trend toward electrification in the automobile sector. To comply with environmental rules and consumer demand for cleaner and more […]
Autonomous Vehicles market is anticipated to grow at a CAGR of 24.2% during the forecast period (2025-2031). Autonomous vehicles, also known as self-driving cars, are vehicles that are capable of sensing their surroundings and operating without human involvement. They use a combination of sensors, software, and artificial intelligence to navigate roads, avoid obstacles, and obey […]
Recreational vehicles market is anticipated to grow at a CAGR of 9.2% during the forecast period (2025-2031). A recreational vehicle (RV) is a motor vehicle or trailer that is designed for recreational use. RVs typically have living quarters, such as a kitchen, bathroom, and sleeping area. They can be used for camping, fishing, road trips, […]
Permanent magnet motor market is anticipated to grow at a CAGR of 9.4% during the forecast period (2025-2031). The market’s growth is attributed to the growing demand for imperative for energy efficiency across the globe. The development of medium-range Permanent Magnet Pumps complies with the global push for energy efficiency. The capacity to operate at […]
AI in transportation market is anticipated to grow at a CAGR of 12.1% during the forecast period (2025-2031). The growing adoption of generative AI with improving machine learning models is the key factor supporting the growth of the market globally. The impact of generative AI in the connected transportation landscape has been recognized in data […]
AVAS market is anticipated to grow at a CAGR of 14.6% during the forecast period (2025-2031). Significant factors contributing to the market growth include rising road accidents globally, and increasing demand for safety technologies such as collision avoidance systems, parking assistance, traction control, lane departure warnings, electronic stability control, airbags, tire pressure monitors, and telematics. […]
Automotive e-axle market is anticipated to grow at a significant CAGR of 17.4% during the forecast period (2025-2031). An automotive e-axle, or electric axle, is a consolidated propulsion system present in electric vehicles (EVs) that combines the electric motor, power electronics, and gearbox into a single unit. Get Free Sample link @ https://www.omrglobal.com/request-sample/automotive-e-axle-market Based on […]
Commercial aircraft landing gear market is anticipated to grow at a significant CAGR of 7.8% during the forecast period (2025-2031). Commercial aircraft landing gear is the undercarriage system supporting an aircraft during landing, takeoff, and taxiing, ensuring safe ground operations. Get Free Sample link @ https://www.omrglobal.com/request-sample/commercial-aircraft-landing-gear-market Based on the aircraft type, the global commercial aircraft […]
Space tourism market is anticipated to grow at an exponential CAGR of 41.6% during the forecast period (2024-2031). Significant factors contributing to the space tourism market include rising advancements in space technology, coupled with users’ inclination toward space adventures. The progress in the space tourism sector is creating numerous opportunities for companies to contribute to […]