Latest Publications

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 . . .

An electric vehicle (EV) powertrain combines an internal combustion engine (ICE) with an electric motor and a battery pack and the ICE and electric motor work in tandem to propel the vehicle. During low-demand situations, like city driving, the electric motor takes the lead, drawing power from the battery and when extra power is needed, such as during acceleration or high-speed cruising, the . . .

The Global Exoskeleton Market is expected to reach USD 5.2 billion in 2030 from USD 0.8  in 2023 billion with a compound annual growth rate CAGR of 39.8% throughout the forecast period (2025-2030). An exoskeleton is a hard covering that supports and protects a skeleton that is on the exterior of an animal to both support the body shape and protect the inte . . .

The Global Market for Hybrid Vehicles is anticipated to reach 8696 thousand units by 2030. During the projected period 2023 to 2030, the market is expected to grow by an anticipated CAGR of 8.12%. currently 5773 thousand units in 2030  Stricter pollution regulatory rules and rising demand for low- or zero-emission vehicles, drive growth in the hybrid vehicles market. Additionally, govern . . .

The Global Electric Vehicle Component Market was valued at USD 24.5 billion in 2023. Government support for electric vehicle adoption, increasing the need to reduce greenhouse gas emissions,s and reducing the cost of components, propelling the growth of the market. Electric Vehicle Component Market Segmentation Insight by Component Based on components, the global electric vehicle comp . . .

The Global Electric Vehicle Communication Controller Market is expected to reach USD 0.64 billion by 2030, growing at a CAGR of 34.6% during the forecast period. The global electric vehicle communication controller market is growing at a noteworthy pace, due to the increasing adoption of electric vehicles and several government initiatives across the globe. Among the vehicle type segment, pas . . .

Global eVTOL Aircraft Market is anticipated to grow from USD 1.1 billion in 2023 to USD 24.3 billion in 2030 at a CAGR of 52.6 % during the forecast period from 2025 to 2030.  An electric vertical takeoff and landing (eVTOL) aircraft is an electrically powered aircraft which offers efficient and faster services. An eVTOL aircraft is considered a next-generation travel solution due to the s . . .

The Global EV Battery Market is anticipated to grow from USD 131.7 billion in 2023 to USD 312.8 billion in 2030 at a CAGR of 13.5 % during the forecast period from 2025 to 2030. In the present scenario, various countries' government prioritize cleaner transportation options. Hence, there is a growing demand for zero-emission vehicles which ultimately increases the EV battery market grow . . .