Latest Publications

The Global Automotive Differential Market is expected to expand at a CAGR of 5.9 percent from 2025 to 2030. It is expected to grow from a market size of USD 18.8 billion in 2023 to USD 26.2 billion by 2030. The demand for improved road traction and fuel efficiency are two major factors driving the growth of the automotive differential industry. With vehicle demand, the automotive differe . . .

The Global Automotive Relay Market was valued at USD 15.0 billion in 2023 and is expected to reach USD 22.3 billion by 2030, growing at a CAGR of 6.0% during 2025-2030. The extensive adoption of electric content in passenger & commercial vehicles is supporting the upliftment in the growth of various applications that are further contributing towards the growth of the global automotive rel . . .

The Global Road Freight Transportation Market is forecast to grow at a CAGR of 7.4% between 2025 and 2030. The growth of this market is attributed to the increase in the global retail industry, the emergence of e-commerce in various segments, and the need for fast courier deliveries. Road haulage or freight transport means shipment made through the way of roads. Roads are the most comm . . .

The global Automotive Conformal Coatings Market is expected to grow at an annual rate of 10.2% from USD 1.7 billion in 2023 to USD 4.2 billion in 2030. The increasing use of automotive electronics in automobiles, as well as numerous technological advancements in conformal coating application methods, are propelling this market forward. Conformal coating is a protective coating for elec . . .

The Global Automotive Thermal System Market was worth USD 41.2 billion in 2023 and is expected to reach USD 50.5 billion by the year 2030, growing at a CAGR of 3.8 % forecast from 2025 to 2030. The thermal management system is one of the critical systems of automobiles which ensures the efficient regulation of heat flow inside the vehicle. In addition, components in vehicles must opera . . .

The Global Forklift Market is expected to reach USD 93.5 billion in 2030 from USD 60.7 billion in 2023 with a compound annual growth rate CAGR of 7.8% throughout the forecast period (2025-2030). Forklifts are an important artery in the operations of industrial businesses by making and transporting goods fast and efficient along with the job of loading and unloading . . .

The Global Autonomous Vehicle Market size in terms of volume was USD 17.7 Billion in 2023 and is expected to reach USD 53.2 Billion by 2030, growing at a CAGR of 17.8% during 2025 – 2030. The growth of the autonomous vehicle market is attributed to the extensive development of an autonomous fleet of parcel and cab delivery services along with OTA updates availed . . .

The Baggage Handling System Market is projected to grow at a CAGR of 6.9%, from USD 7.5 billion in 2023 to USD 10.9 billion by 2030.  The growing emphasis on optimizing airport operating performance, the number of air passengers, and major advances in intermodal transport are the key factors driving the demand for the baggage handling market. The Baggage Handling System Ma . . .

The Global Smart Parking System Market was valued at USD 4.4 billion in 2023 and is anticipated to reach USD 11.89 billion by 2030, thus growing at a CAGR of 10.57% during the forecast period. The smart parking system is an intelligent parking system that uses a sensing device to define the vacancy in the parking space. It helps the driver with safe parking and notifies the driver correctly a . . .

The Global Micro-Mobility Market was valued at USD 4.1 billion in 2023, growing at a CAGR of 18.0% during the forecast period. The global micro-mobility market is an emerging mode of transport for making short-distance trips and has drastically grown in cities in the last few years. These days, electric scooters, shared bikes, and other vehicle types are frequently used to travel over comparativel . . .