Latest Publications

The Global Artificial Intelligence in the transportation market is anticipated to grow from USD 1.47 billion in 2023 to USD 11.35 billion by 2030, growing at a CAGR of 19.5% during the forecast period 2025-2030. Artificial intelligence is the most sought-after technology globally, driving the growth of AI in the transportation market. Artificial intelligence is a computer-operated task that i . . .

The Global Solar-Powered Vehicle Market was valued at USD 0.29 billion in 2023 and is anticipated to reach USD 2.85 billion in 2030, registering a CAGR of 37.56% during the forecast period 2025-2030. Solar-powered vehicles are a type of electric vehicle that is partially or completely powered by solar energy as a fuel for propulsion. It is equipped with photovoltaic cells which conv . . .

The Global Electric Off-Highway Vehicle Market is anticipated to reach 20.1 billion USD by 2030, up from an expected 6.1 billion USD in 2023 at 22.5% CAGR for the said period. The key factors responsible for this growth would be the development of advanced and new products, the post-2023 recovery of end-use sectors, and upcoming norms of emission for off-highway vehic . . .

The Global Reefer Container Market is expected to be worth USD 16.5 billion in 2023 and USD 24.6 billion by 2030, growing at a CAGR of 6.1% during the forecast period 2025-2030. The growth of this market can be attributed to increased global trade in perishable commodities, as lower tariffs make the cross-border movement of perishable goods easier. Furthermore, technological advances i . . .

The Global Tire Curing Press Industry is a highly fragmented market with a large number of global and regional players in the market. The market for tire curing presses is growing at a sluggish pace during the forecast period. The market is mainly driven by the manufacturing of Tires. Due to the Covid-19 impact, the automotive industry is facing a slow growth rate and this has ultimately impacted . . .

The Global Drive-by-Wire Market is gaining significant traction globally and is anticipated to grow from USD 24.2 billion in 2023 to USD 64.5 billion in 2030, registering a CAGR of 6.1% during the forecast period 2025-2030. Drive-by-wire technology is a developed vehicle control method that incorporates mechanical linkages within the vehicle. It replaces traditional mechanical control systems . . .

The Global Automotive Ethernet Market was USD 1.77 billion in 2023 and is anticipated to grow to USD 5.8 billion by 2030, witnessing a CAGR of 21.2% during the forecast period 2025-2030. Automotive ethernet refers to a physical network that is used in connecting components within a vehicle via wired technology. Automotive ethernet provides smartphone connectivity, navigation, high-powered inf . . .

The Global Heavy Construction Equipment Market was valued at USD 180.3 billion in 2023 and is anticipated to reach USD 277.5 billion by 2030, witnessing a 5% CAGR during the forecast period. Heavy construction equipment also called large-scale machinery is used to speed up processes, boost efficiency on a large scale, and decrease the demand for labor. Heavy machinery, construction equipment, . . .

The Global Electric All-Terrain Vehicle (ATV) and utility-terrain vehicle (UTV) market size is expected to grow from USD 17.5 billion in 2023 to USD 24.5 billion by 2030. It will register a CAGR of 8.7% during the forecast period. The American National Standards Institute defines an ATV as a vehicle with operator-straddled seats, steering wheel handlebars, and low-pressure tires. As . . .

The global Baked Chip Market accrued earnings worth approximately USD 2.15 billion in 2023 and is predicted to earn market revenue of about USD 5.5 Billion by 2030, thereby registering a CAGR of nearly 8.5% during the forecast period 2023-2030. Baked chips are low-fat alternatives to fried chips. With less fat and grease on the hands, this lighter version of chips gives the same taste and cru . . .