Latest Publications

From USD 0.08 billion in 2023, the Global Wireless Electric Vehicle Charging Market is predicted to grow to USD 1.8 billion by 2030, registering a CAGR of 56% during the forecast period (2025–2030). The growth of this market is attributed to the increasing awareness of protecting the environment and restricting the use of fossil fuels, which has stimulated governments and vari . . .

From USD 46.0 billion in 2023, the Global Hybrid Powertrain Systems Market is predicted to grow to USD 57.4 billion by 2030, registering a CAGR of 4.5% during the forecast period (2025–2030). The growth of this market is attributed to the capability of hybrid powertrain systems to eliminate the production of emissions along with improved efficiency of hybrid-enabled technologies. Hybr . . .

The Global Demand for the Automotive Airbag Market is expected to hit USD 30.2 billion in 2023 and USD 43.4 billion by 2030, increasing at a CAGR of 8.8 percent over the forecast period. The demand will expand as more people use airbags and as new versions of airbag design and technologies are developed. The need for vehicle airbags and seatbelts is being driven by various developme . . .

The global healthcare IT market size is expected to grow from USD 400.6 billion in 2023 to USD 1000.43 billion by 2030, thereby registering a CAGR of 20.1% during the forecast period. Healthcare Information Technology (IT) encompasses the application of technological solutions within the healthcare sector to transmit, manage, and store patient information electronically. These include Electro . . .

At a CAGR of 24.6% Global Electric Commercial Vehicle, Market is predicted to grow and generate revenue of USD 2,418 billion by 2030 and presently the market is at USD 414.5 billion. The market growth is estimated to be inclined by the rise in demand for zero-emission vehicles, governments’ engagement, and automotive market key players’ moves towards electric vehicle manufacturing. The . . .

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 . . .