According to TechSci Research’s report, “Automotive Closure Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F,” the global automotive closure market stood at USD 42.64 billion in 2023, projected to grow at a CAGR of 6.44% through 2029. This market’s growth is fueled by advancements in technology, increased demand for convenience and safety, and… Read More »
The Global Utility Terrain Vehicles (UTV) Market has emerged as a significant player within the automotive industry, catering to both recreational and commercial needs. According to a TechSci Research report, the market was valued at USD 10.74 billion in 2023 and is expected to grow at a Compound Annual Growth Rate (CAGR) of 7.44% through 2029. This… Read More »
Selective Catalytic Reduction (SCR) technology has become increasingly essential as the world addresses the environmental and health impacts of air pollution, especially emissions from internal combustion engines. According to TechSci Research, the global Selective Catalytic Reduction Market reached USD 18.52 billion in 2023 and is projected to expand to USD 27.50 billion by 2029, with a compound… Read More »
According to the TechSci Research report, “Automotive Aftermarket Fuel Additives Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2029F,” the global automotive aftermarket fuel additives market was valued at USD 1.47 billion in 2023 and is anticipated to reach USD 2.20 billion by 2029, registering a compound annual growth rate (CAGR) of 7.02% through… Read More »
The automotive industry is undergoing a transformative phase characterized by electrification and the shift towards sustainable mobility. One of the groundbreaking technologies driving this change is the in-wheel motor, a type of electric motor integrated directly into a vehicle’s wheel hub. According to TechSci Research, the Global In-Wheel Motor Market was valued at USD 3.11 Billion in 2023 and is… Read More »
The global smart tire market has experienced substantial growth, driven by advancements in automotive technology, increased safety concerns, and the demand for connected and autonomous vehicle systems. According to the TechSci Research report titled “Global Smart Tire Market-Industry Size, Share, Trends, Competition, Opportunity and Forecast, 2018-2030F,” the market is expected to grow at a notable rate between… Read More »
According to TechSci Research, the Asia-Pacific electric vehicle (EV) battery swapping market is poised for robust growth, driven by governmental initiatives aimed at reducing reliance on gasoline and diesel vehicles. Countries across the Asia-Pacific region, including major players like China and India, are increasingly embracing policies that favor electric vehicle adoption. These policy shifts are creating an… Read More »
The shared mobility market in Saudi Arabia is anticipated to grow significantly in the coming years, driven by factors such as rising disposable incomes, increased travel demand, and a push toward clean energy. The presence of numerous holy sites, such as Mecca and Medina, draws millions of visitors annually, particularly during religious festivals like Eid… Read More »
The Asia Pacific shared mobility market is poised for rapid growth, with the sector expected to expand at a significant compound annual growth rate (CAGR) between 2018 and 2030. Shared mobility encompasses various transportation modes, including shared use of vehicles, scooters, motorcycles, and public transit, available on an as-needed basis. This evolving market not only offers affordable… Read More »
The Asia-Pacific region is experiencing a surge in the adoption of electric two-wheelers, driven by governmental initiatives, technological advancements, and evolving business models. According to the TechSci Research report, “Asia-Pacific Electric Two-wheeler Market – Competition Forecast and Opportunities, 2018-2030F,” the market for electric two-wheelers in the region is expected to grow significantly. This growth aligns with… Read More »