Automotive and Transportation Research Reports

The global electric bus market is estimated to grow from USD 17.0 billion in 2024 to USD 37.5 billion by 2030, with a CAGR of 14.2% over the forecast period .  The growth of the electric bus market is driven by countries prioritizing the electrification of their public transportation fleets with zero-emission mobility through subsidies, tax exemptions, and favorable regulations prompted by emission concerns. For instance, the EU's CO2 targets for HD vehicles demand a 45% CO2 reduction by 2030, 65% by 2035, and 90% by 2040. According to the European Green Deal and REPowerEU goals, all new urban buses should be zero-emission by 2030. In February 2025, the US EPA launched the Clean School Bus Program with an investment of USD 5 bn to replace the existing buses with electric and alternative buses. Apart from government initiatives, factors such as - advancements in battery technology and the economic viability due to lower total cost of ownership – are also driving the market growth....

  The low-speed vehicle market is projected to grow from USD 11.09 billion in 2024 to USD 16.28 billion by 2030 at a CAGR of 6.6% during the forecast period. The low-speed vehicle (LSV) market is expanding due to factors like increased golf participation, growing charging infrastructure, and a rising need for safe, comfortable mobility, especially among seniors. Growth is further fueled by travel & tourism, urban mobility solutions, sustainable transport initiatives, and commercial infrastructure projects. Investments in the aviation and manufacturing sectors are also boosting LSV adoption for on-site transportation. However, inconsistent regulations, limited range, and the need for better-charging infrastructure pose challenges. In North America, a strong golf culture and a growing elderly population drive high LSV demand, with electric models gaining popularity due to their quiet operation and lower costs compared to gasoline versions. Browse through 255 market data tabl...

  The global automotive camera market size is projected to grow from USD 8.33 Billion in 2024 to USD 16.04 Billion by 2030, at a CAGR of 11.5% . Government regulations regarding vehicle occupants and pedestrian safety is driving the growth of the automotive camera market on a global scale. T he GSR2 regulations in Europe, effective June 2024, mandate driver monitoring systems (DMS) in all new vehicles. This has raised the demand for cameras that can monitor driver alertness. Technological advancements are also enhancing camera capabilities. Companies such as Valeo (France) and Teledyne FLIR LLC (US) are developing thermal imaging for automotive applications, providing improved visibility in extreme weather conditions as well as during nighttime. Initiatives aimed at enhancing road safety, reducing traffic congestion, and supporting autonomous vehicle technology require sophisticated camera systems for accurate detection and monitoring. These vehicles rely on multiple cameras, t...