The global vehicle electrification market is projected to grow from USD 128.06 billion in 2024 to over USD 419.55 billion by 2034, at a CAGR of 12.6%. Vehicle Electrification Market Key Takeaways In 2023, Asia-Pacific held the largest market share at 47%. North America is expected to experience a CAGR of 10.9% in the coming … Read more
The global barge transportation market is set to grow from USD 133.35 billion in 2024 to USD 191.36 billion by 2034, at a CAGR of 3.68%. Barge Transportation Market Key Takeaways Europe dominated the global barge transportation market with a 72% share in 2024. The tank barge fleet segment accounted for over 25% of revenue … Read more
The automotive electronic control unit market is projected to grow from USD 76.08 billion in 2024 to USD 134.67 billion by 2034, at a CAGR of 5.87%. Automotive Electronic Control Unit Market Key Takeaways Asia Pacific dominated the automotive ECU market with a 50.14% share in 2024. The Internal Combustion Engine (ICE) segment led with … Read more
The global automotive RADAR market is valued at USD 18.04 billion in 2024 and is projected to grow at a CAGR of 32.4%, reaching approximately USD 298.86 billion by 2034. Automotive RADAR Market Key Takeaways Asia Pacific Leads: Held the largest market share in 2023. Europe’s Rapid Growth: Expected to grow at the fastest CAGR … Read more
The global automotive LiDAR market is valued at USD 1.30 billion in 2024 and is expected to grow at a CAGR of 23%, reaching approximately USD 10.51 billion by 2034. Automotive LiDAR Market Key Takeaways North America Dominates: Held the largest market share of 38% in 2024. Europe’s Growth Potential: Expected to expand at a profitable … Read more
The global forklift market is expected to grow from USD 74.33 billion in 2024 to USD 264.41 billion by 2034, at a CAGR of 13.53% Forklift Market Key Takeaways With a 48% revenue share in 2024, Asia-Pacific dominated the forklift market, supported by strong growth in e-commerce, manufacturing, and infrastructure development. The Class 3 forklift … Read more
The global automotive tire market is expected to grow from USD 143.88 billion in 2024 to USD 232.38 billion by 2034, at a CAGR of 4.91%. Automotive Tire Market Key Takeaways Asia Pacific led the global automotive tire market in 2024, capturing 41% of the total market share, driven by rapid urbanization, increasing vehicle production, and … Read more
The global automotive sensor market is projected to grow from USD 40.24 billion in 2024 to USD 88.18 billion by 2034, at a CAGR of 8.16%. Automotive Sensor Market Key Takeaway Asia Pacific dominated the automotive sensor market in 2024, capturing 56.11% of the total revenue share, driven by increasing vehicle production and the rapid adoption … Read more
The global automotive paints and coatings market is expected to grow from USD 19.99 billion in 2024 to USD 41.13 billion by 2034, at a CAGR of 7.48% Automotive Paints and Coatings Market Key Takeaways North America led the automotive paints and coatings market in 2024, driven by increasing vehicle production and advancements in coating technologies. … Read more
The global Vehicle to Grid technology market is expected to grow from USD 5.54 billion in 2024 to USD 49.75 billion by 2034, with a CAGR of 28.13% Vehicle to Grid Technology Market Key Takeaways Europe Dominates: Europe led the global Vehicle-to-Grid (V2G) market in 2024, holding a 35.80% market share. EV Supply Equipment Leads: … Read more