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Showing posts from August, 2022

Automotive Bushing Market Likely to reach $175.31 billion by 2025

The report  “ Automotive Bushing Market  by Application (Engine, Suspension, Chassis, Interior, Exhaust, Transmission), Vehicle Type (Passenger Car, Light Commercial Vehicle, Heavy Commercial Vehicle), Ev Type, and Region – Global Forecast to 2025″  The global automotive bushing market is projected to grow from an estimated USD 132.20 billion in 2018 to USD 175.31 billion by 2025, at a CAGR of 4.11% from 2018 to 2025. The market is anticipated to grow owing to various reasons such as the growing vehicle production, shifting focus toward lightweight vehicles, and rising demand for ride quality and safety in vehicles. The interior bushing segment is estimated to be the fastest-growing segment of the automotive bushing market, in terms of value The interior bushing segment is expected to show high growth in the future. Due to the rising demand for ride quality and safety, this segment is expected to drive the growth of automotive bushings in the coming years. Bushings used for the suspens

Mobility as a Service Market worth $40.1 billion - Global Key Players, Trends, Industry Size & Forecast 2030

The Mobility as a Service Market size is projected to reach USD 40.1 billion by 2030 from an estimated USD 3.3 billion in 2021, at a CAGR of 32.1% from 2021 to 2030. The growth of this market is influenced by factors such as increasing smart city initiatives, growing adoption of on-demand mobility services, need to reduce CO 2 emissions, improved 4G/5G infrastructure, and penetration of smartphones. Therefore, the mobility as a service market is expected to witness significant growth in the future. Electric Mobility as a Service is boosting the mobility as a service market (MaaS. It combines highly innovative technologies and new business models to create conditions for the large-scale adoption of electric vehicles. For example, more than 20% of Communauto’s fleet consists of electric vehicles. The use of electric vehicles not only reduces carbon emissions but also lowers noise and air pollution. They can also be cheaper to run per mile and reduce dependency on fossil fuels. Alon

Farm Equipment Market by Tractor Power Output, Autonomous Tractor, Electric Tractor – Global Forecast to 2027

Published by MarketsandMarkets, the global   farm equipment market   is projected to grow from USD 111.8 billion in 2022 to USD 141.6 billion by 2027, at a CAGR of 4.8% during the forecast period. An increase in farm mechanization, government support with farm loan waivers/credit finance, contract farming, and a shortage of skilled labor are the key factors driving farm equipment growth globally. Browse 333 market data Tables and 59 Figures spread through 349 Pages and in-depth TOC on  “Farm Equipment Market by Tractor Power Output (<30, 31-70, 71-130, 131-250, >250HP), Tractor Drive Type, Autonomous Tractor, Electric Tractor (Hybrid, Electric), Farm Equipment (Combine, Baler, Sprayer), Implement, Rental & Region – Global Forecast to 2027” The demand for electric & autonomous tractors and the rising demand for farm equipment rental services would create growth opportunities in the farm equipment market. Download PDF Brochure @   https://www.marketsandmarkets.com/pdfdownlo

Automotive Cybersecurity Market Projected to reach $5.3 billion by 2026

  The report “ Automotive Cybersecurity Market  by Form (In-Vehicle, External Cloud Services), Offering (Hardware & Software), Security, Application Type, Vehicle Type, Propulsion, Vehicle Autonomy, Approach, EV Application, and Region – Global Forecast to 2026 ” The global automotive cybersecurity market size is projected to grow from USD 2.0 billion in 2021 to USD 5.3 billion by 2026, at a CAGR of 21.3%. Increasing sales of connected vehicles and semi-autonomous vehicles led to increasing use of electronic component for a vehicle. This increased the complexity of vehicle E/E architecture and software codings thus a vehicle is now becomes more vulnerable against a cyber-attack. Thereby, to safeguard the vehicles from such kind of attack the demand for automotive cybersecurity solutions increased at a rapid pace globally. Moreover, the recent launch of UNECE WP.29 regulation and “Auto Data” regulation are further expected to accelerate the markets growth momentum in the coming year

Ride Sharing Market Projected to reach $185.1 billion by 2026

The report  " Ride Sharing Market  by Type (E-hailing, Station-Based, Car Sharing & Rental), Car Sharing (P2P, Corporate), Service (Navigation, Payment, Information), Micro-Mobility (Bicycle, Scooter), Vehicle Type, and Region - Global Forecast to 2026" , is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026. Increase in urbanization, internet and smartphone penetration and increase in cost of vehicle ownership is boosting the growth of the market for ride sharing. Browse 194 market data Tables and 51 Figures spread through 221 Pages and in-depth TOC on "Ride Sharing Market" Electric Vehicle segment is expected to be the fastest-growing segment during the forecast period In China, according to David Xu, Didi’s head of strategy, a whopping 21% of the ride-hailing fleet is electric. Beijing-based Didi Chuxing Technology Co., the world’s largest ride-hailing company, has abo

Electric Bus Market Trends and Industry Forecast Report by 2027

The global   Electric Bus Market   size is expected to grow from approximately 81 thousand units in 2021 to reach 704 thousand units by 2027, at a CAGR of 43.1%. Factors such as rise in pollution and environmental hazards, stringent government regulations, and stiff competition have compelled automotive OEMs to make fuel-efficient and environment-friendly vehicles. OEMs worldwide are investing heavily in research & testing applications leading to continuous advancements in electric buses. For instance, in September 2020, Proterra introduced its newest battery-electric transit vehicle, ZX5 electric bus. The Proterra’s fifth-generation battery-electric transit bus features a new streamlined vehicle design and maximizes the amount of energy that can be stored onboard the vehicle to increase power and range. Also, in September 2020, Mercedes-Benz unveiled the new all-electric eCitaro G. It is optionally equipped with innovative solid-state batteries. Download PDF Brochure @   https://w

Exhaust System Market Projected to reach $47.9 billion by 2026

The report " Exhaust System Market  by After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Vehicle Type (PC, LCV, Trucks, Buses, Ag Tractor, Construction & Mining Equipment), Aftermarket, Component, Sensor, Application, Sales Channel and Region - Global Forecast to 2026 ", is projected to grow at a CAGR of 5.3% during the forecast period, from an estimated USD 36.9 billion in 2021 to USD 47.9 billion by 2026. Growing vehicle emission is leading to the stringent emission and fuel economy regulations and growing penetration of aftertreatment devices in combinations are boosting the growth of the market for exhaust system. Browse 320 market data Tables and 59 Figures spread through 292 Pages and in-depth TOC on "Exhaust System Market by After-Treatment Device (DOC, DPF, LNT, SCR, GPF), Vehicle Type (PC, LCV, Trucks, Buses, Ag Tractor, Construction & Mining Equipment), Aftermarket, Component, Sensor, Application, Sales Channel and Region - Global Forecast to 2026&quo

Railway Cybersecurity Market Projected to reach $10.6 billion by 2027

The report " Railway Cybersecurity Market  by Type (Infrastructural & On-board), Offering, Security Type (Network, Application, Endpoint, System Administration and Data Protection), Application (Passenger & Freight), Rail Type and Region - Global Forecast to 2027", is estimated to be USD 6.2 billion in 2021 and is projected to grow at a CAGR of 9.4% during the forecast period, to reach USD 10.6 billion by 2027. Browse 153 market data Tables and 73 Figures spread through 259 Pages and in-depth TOC on "Railway Cybersecurity Market” Various countries have realized that the development of railway infrastructure is one of the important factors driving economic development. Therefore, a number of countries and OEMs are investing significantly in railway cybersecurity infrastructure. For instance, in 2019, Wabtec launched two new offerings designed to modernize its globally installed 23,000 locomotives. Wabtec developed FDL Advantage, which is a fuel-saving engine u

Railway Telematics Market Opportunities & Prominent Trends by 2030

  The  Railway Telematics Market  was valued at USD 5.1 billion in 2021 and projected to reach USD 7.3 billion by 2026, growing at a CAGR of 7.5% from during forecast period. The future of the freight rail industry is expected to rely on smart digital transportation systems that leverage technologies over larger railcar networks. New technologies such as integrated service management, asset management, and predictive analytics, shock detection, and automatic stock control are expected to help rail management companies manage optimal routes, schedules, capacities, and idle railcars in near real-time. Due to the increasing presence of smart technologies in rail transportation, the associated solutions and services markets are also expected to grow at high rates, globally. Emerging technologies such as refrigerated wagon management, estimated time of arrival of railcars are expected to enable efficient and better freight rail transportation. This is also expected to improve timely decisio

Rolling Stock Market by Product Type (Locomotive, Rapid Transit, Wagon, & Coach) – Global Trends and Forecast to 2027

The global  Rolling Stock Market  was valued at USD 53.8 billion in 2022 and expected to reach USD 64.8 billion by 2027 and grow at a CAGR of 3.8% over the forecast period (2022 – 2027). The growth of the rolling stock market can be attributed to the factors such as increasing urbanization, increasing traffic congestion, rising demand for comfortable journey and growing preference for shorter journey time. Moreover, The demand for rolling stocks is dependent on some other factors such as the replacement of old rolling stocks, new railway projects, and the expansion of railway routes. Apart from this, the increasing electrification of railway networks is also expected to foster the growth of the rolling stock market globally. Browse 304 market data Tables and 70 Figures spread through 356 Pages and in-depth TOC on  “Rolling Stock Market “ The rolling stock market is expected to grow at a CAGR of 3.8% during the forecast period. Rising demand for energy-efficient & green transportati

In-Wheel Motor Market Projected to reach $4,395 million by 2026

  The report  " In-Wheel Motor Market  by Propulsion (BEV, HEV, PHEV & FCEV), Vehicle Type (PC & CV), Motor (Axial & Radial), Cooling (Air & Liquid), Power Output (Up to 60 kW, 60-90 kW & Above 90 kW), Vehicle Class, Motor Weight, and Region - Global Forecast to 2026 " Global in-wheel motor market is projected to grow at a CAGR of 40.3% during the forecast period to reach USD 4,395 million by 2026 from an estimated USD 808 million in 2021 The major factors behind the growth of the in-wheel motor market are improved vehicle performance, replacement of transmission, drive shaft, axles, and differentials. In-wheel motor helps supply torque to its associated tire and generates more power to improve the efficiency of a vehicle. Browse 162 market data Tables and 52 Figures spread through 190 Pages and in-depth TOC on  "In-Wheel Motor Market” Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=192634770 Electric passenger c