Category Archives: Automotive

Global Autonomous Truck Market Trends: Key Insights and [Growth] Opportunities

The global autonomous truck market is undergoing a transformative phase, poised to reshape the transportation and logistics industry. With a valuation of USD 19 billion in 2022 and an expected compound annual growth rate (CAGR) of 7.16% between 2024 and 2028, this market is set to witness substantial expansion. The integration of artificial intelligence (AI), sensor technology, and… Read More »

Global Power Steering Market Demand: Insights into USD 29 Billion Market and Projected [6.76%] Growth

The global power steering market is a fundamental component of the automotive industry, significantly impacting vehicle performance, safety, and comfort. With technological advancements, the demand for efficient and responsive steering systems has increased. The transition toward electric power steering (EPS) and steer-by-wire technology reflects the industry’s focus on sustainability, fuel efficiency, and automation. Additionally, stringent… Read More »

Global Passenger Car Market Forecast: Expected to Reach USD 1600 Billion with Key Trends

The global passenger car market is a vast and dynamic industry, encompassing various vehicle segments that cater to different consumer needs. According to the TechSci Research report, the market was valued at USD 1,600 billion in 2022 and is expected to grow at a CAGR of 7.1% through 2028. This growth is driven by evolving consumer preferences, technological… Read More »

Global Automotive Market Key Players and Forecast: USD 2,900 Billion with [CAGR 3.5%]

The Global Automotive Market is a key pillar of global trade and economic infrastructure. As an industry that designs, manufactures, distributes, and sells motor vehicles, it plays a significant role in shaping economies, urban planning, environmental sustainability, and personal mobility. According to TechSci Research, the global automotive market was valued at USD 2,900 billion in 2022 and is… Read More »

Asia Pacific Automotive Bearings Market Demand & Growth: USD 42 Billion with [7.1%] CAGR

The Asia Pacific Automotive Bearings Market is a critical segment within the automotive industry, characterized by its significant growth, technological advancements, and evolving market dynamics. Bearings are essential components in vehicles, reducing friction and ensuring smooth rotation of various mechanical parts, such as wheels, engines, and transmissions. As automotive demand surges in the region, the… Read More »

Europe Mobility on Demand Market Growth: Projected [7.9% CAGR] and Key Players

The Europe Mobility on Demand (MoD) market is undergoing rapid transformation, driven by urbanization, technological advancements, and changing consumer preferences. According to a report by TechSci Research, the market stood at USD 31 billion in 2022 and is projected to grow at a CAGR of 7.9% from 2024 to 2028. The increasing demand for cost-effective, sustainable, and efficient transportation… Read More »

Europe Tractor & Trailer Market Share: Comprehensive Overview of Growth and Demand [Trends]

The Europe Tractor & Trailer Market is a vital component of the continent’s logistics and transportation sector. With a market valuation of USD 16 billion in 2022, the industry is projected to grow at a CAGR of 4.7% from 2024 to 2028. This growth is driven by factors such as technological innovations, regulatory policies promoting sustainable transportation, increased agricultural… Read More »

UAE High-Performance Trucks Market Overview: Key Players, Trends, and Future [Growth]

The UAE high-performance trucks market has demonstrated significant growth in recent years, driven by various economic, technological, and regulatory factors. According to the TechSci Research report, the market stood at USD 12 billion in 2022 and is projected to grow at a CAGR of 4.25% during 2024-2028. The demand for high-performance trucks is fueled by infrastructure development, increasing… Read More »

France High-Performance Trucks Market Overview: USD 2.6 Billion & [4.78%] CAGR Trends

The France High-Performance Trucks Market has become an essential part of the nation’s transportation sector, playing a significant role in logistics, construction, agriculture, and long-haul transportation. With an industry valuation of USD 2.6 billion in 2022 and a projected CAGR of 4.78% from 2024 to 2028, this market is expected to grow steadily. The primary factors driving this expansion… Read More »

Automotive Passenger Car Emergency Braking System Market Share: Key Players, Growth Insights, and [10.5% CAGR]

The Global Automotive Passenger Car Emergency Braking System Market has witnessed substantial growth in recent years, driven by technological advancements, increasing safety awareness, and stringent government regulations. Emergency braking systems, often referred to as Autonomous Emergency Braking (AEB) or Collision Avoidance Systems, are becoming an essential feature in modern vehicles, offering enhanced safety to drivers, passengers, and… Read More »