The global automated parking systems market is expected to grow by leaps and bounds in the upcoming period. This could be credited to rise in demand for convenient and safe parking as the number of vehicles plying on the roads is increasing exponentially. Automated parking systems do reduce the depth and width required for parking space coupled with distance between parking spaces as no arrangements need to be made to open car doors or drive the car into parking space. Read More »
As per the report circulated by the experts the scope of the global Ride Sharing Market was priced at US$ 6.68 billion in 2017. This is expected to reach US$ 11.94 billion by 2025 with a CAGR of 7.5% during the period of forecast. An organization that links car driver with travelers by means of an app or else a website is recognized as ride sharing. The sellers that deliver the facilities are recognized as the companies of transport system.Read More »
The electric & hybrid electric buses market is subject to witness a substantial growth due to the rapid technological advancement in automotive sector and favorable initiative to promote electrical vehicles in the market. Growing concerns regarding exponential rise in air pollution, and shifting preference towards zero emission vehicles from clean energy vehicles (CNG buses) are expected to drive the growth of the market over the forecast period.Read More »
The scope of the global Electric Transporters Market was appreciated at US$ 35.10 billion in 2017. It is estimated to stretch US$ 66.98 billion by 2025, moving ahead at a CAGR of 8.4% for the period of the forecast.Read More »
In accordance with the report issued by the specialists the scope of the global Shared Mobility Market was appreciated by US$ 104.95 billion in 2017. It is expected to increase by a CAGR of 25.1% during the period of 2018 to 2025 and extend up to US$ 619.51 billion by the completion of 2025.Read More »
The global automotive traffic sign recognition market is expected to foresee an explosive growth by the year 2028. Automotive traffic sign recognition system uses the advanced driver assistance concept to monitor traffic signs and displays them on the dashboard panel. This facilitates optimal traffic monitoring by automatic detection of neighborhood environment, which aids in accomplishing accident-free driving.Read More »
The global autonomous sea-surface vehicles (ASVs) market is expected to display higher growth rate over the upcoming years. Rapid surge in autonomous sea-surface vehicles market is credited to the shifting focus towards a supportive regulatory framework, increase in government funding to promote adoption of automation and digitalization in the automotive sector, and recent advancement in the digital infrastructure. Read More »
The global alternative fuel vehicle (AFV) market is anticipated to grow at a significant rate during the forecast period. Alternative fuel constitutes a large market on an international level. CNG, NGV, Ethanol, LPG and others are some types of alternative fuel for vehicles. Biodiesel is a common form of diesel fuel produced from animal fats, vegetables or restaurant greases. Advantages in using biodiesel as a vehicle fuel leads in producing less air pollutants, produces low smoke and safe to handle.Read More »
Global small commercial vehicle market is anticipated to grow significantly in the forecast period due to increasing preference for mini commercial vehicles by developing economies. Small commercial vehicle (SCV) is widely used for short inter-city and intra-city delivery of goods. It is mostly preferred by the small businesses for transporting bulky loads and heavy cargos. Small commercial vehicle is either three-wheeled or four-wheeled, depending on the weight of the goods. Read More »
The global tire pressure management systems market is set to grow at a significant CAGR during the forecast period. Engineering innovations have turned tire industry to enjoy a higher competitive advantage. Tire-pressure optimization techniques thus present a novel opportunity to offer an all-inclusive and smart solutions to the commercial vehicle industry.Read More »
The global underwater scooters market is estimated to grow at an exponential rate by the year 2023. The underwater scooter, as an electromechanical vehicle that drives effortlessly under the water surface. The use of lithium-ion batteries has driven the use of rechargeable batteries for consumer electronics goods. Currently, since there are no significant and powerful community regulations that address the sanction of underwater scooters.Read More »
The global cold chain logistics market is set to grow at a higher CAGR during the forecast period. Cold chain systems is a force that generates exports and unleashes new opportunities over multiple sectors rather operating singular. The development of the cold chain facilities are highly vital to the growth of global trade as perishable products due to the availability of food product and health supplies.Read More »
Global cold chain monitoring market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Cold chain monitoring is a supply chain logistics solution that helps in effective tracking of pharmaceutical & healthcare products, perishable products, and food items with expected freshness.Read More »
Global electric vehicle market is expected to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. An electric vehicle (EV) uses traction motors or electric motors rather than a diesel or petrol engine for propulsion. The battery can be charged using household mains electricity via an EV chagrining point or at powerful EV charge station.Read More »
The global industrial thermoplastic vulcanizates market estimated to grow by the completion of the prediction period. The international market of industrial thermoplastic vulcanizates is expected to observe advanced development all over the period of prediction by way of the speedy growth of the automobile manufacturing.Read More »
The global tire pressure monitoring system (TPMS) market is expected to display higher growth rate over the next seven years. Rapid surge in tire pressure monitoring system industry is credited to the increasing demand for advanced security features in both lightweight and heavyweight vehicles, and mandatory administrative regulations for incorporation of safety & security measures, majorly in the developed economies such as U.S. and the UK.Read More »
The global Automotive Electronics Market is expected to display higher growth rate over the next seven years. Rapid surge in the automotive electronics industry is credited to rising demand for safety systems like anti-lock braking and airbags in vehicles. Growing concerns regarding safety of passenger & driver is driving demand for advanced safety solution to limit road fatalities, thereby fostering market growth in the past few years.Read More »
The global fast rescue boats market is estimated to develop by a substantial CAGR for the duration of the prediction. The rescue boat is utilized to go to a vessel in anguish, or to rescue staff and travelers. It can be dragged by hand, float power-driven or driven by an engine. The lifeboats may perhaps be inflexible, inflatable or firm inflatable mixture hulled boats. Rescue boat consist of high speed category [>20 knots] and standard speed category [>6 knots].Read More »
Global automotive powertrain testing market is anticipated to witness an exponential growth in the forecast period. An automotive powertrain comprises all the key constituents that produce power and transmits it to surface or to the road. The components comprising powertrain are the transmission, engine, differentials, drive shafts, and the driving wheels.Read More »
The global Electric Scooters Market is anticipated to reach USD 28.56 billion by 2025 at a 7.3% CAGR in the forecast period. The market for electric scooter is gaining a positive traction, since it is in the trajectory phase due to fall in prices and rise in demand. The wave of connected devices and vehicles will continue to leverage the automotive industry as well. Environmental concerns and government policies are playing a vital role in shaping the local as well as the international market.Read More »