The global rolling stock market is estimated to be valued at USD 53.97 billion in 2021 and is projected to reach USD 70.69 billion by 2026 at a CAGR of 4.6%. The global rolling stock market forecast indicates that such transit options have made it easier to travel around different locations, with advantages including cost-effectiveness, dependability, and comfort level. Read More »
The global courier, express, and parcel market is projected to grow at a CAGR value of 6.8% during the forecast period [2021 to 2026]. Services that deliver goods and mail through various modes of transportation like airplanes, ships, motor vehicles, and railways are collectively known as courier, express, and parcel (CEP). Read More »
The global automotive test equipment market will grow from USD 2.71 billion in 2021 to USD 3.81 billion by 2026 with a CAGR value of 4.57% during the forecast period [2021 to 2026]. Automotive test equipment helps in maintaining vehicle efficiency and consequently contributes to the vehicles overall longevity. Read More »
Technical advancement in the in-house transportation services among several industries has resulted in high demand for Energy Efficient Forklift. The Global Energy Efficient Forklift Market will observe over 5.5% CAGR from 2021 to 2026, with the Asia Pacific holding the maximum revenue share in 2019. Read More »
The global automotive turbocharger market is estimated to be valued at USD 16.44 billion in 2021 and is projected to reach USD 25.41 billion by 2026 at a CAGR of 9.1%. According to our automotive turbocharger market report, the transition towards direct gasoline engines is being driven by the rising movement of light-weighting engines in commercial vehicles, which is favorably stimulating the proliferation of automotive turbochargers. Read More »
Technological advancement in internal transportation services in various industries has promoted new developments in the industry. Global Airport People Mover Market will witness over 5.5% CAGR up to 2026, with North America holding the largest share. Read More »
The rising penetration of clean vehicles along with the necessity to curb air pollution has influenced the Global Fuel Cell Buses Market Growth. The industry is a viable solution to enhance and improvise the face of public transportation in diversified regions. I Read More »
ADAS applications track nearby barriers or driver mistakes using advanced technologies such as sensors and cameras. The involvement of a supportive government in terms of road safety is expected to boost demand for ADAS calibration equipment in the near future. Read More »
The growing demand for electric cars, as well as supportive government policies to minimize global carbon footprint and encouraging the introduction of electric cars, are moving the global EV charging cables market ahead. Furthermore, the development and introduction of EV charging stations around the world are projected to augment demand for electric cars, resulting in a spike in the use of EV charging cables. Read More »
Automotive finance, also known as auto financing, is a type of scheme that provides financial goods and services to help customers buy cars without needing to pay in full upfront. Borrowing money from financial institutions like banks, credit unions, brokers, and other informal money lenders is one example of such a scheme. Read More »