The Saudi Arabia heavy-duty trucks market has emerged as a significant segment within the broader automotive industry, driven by the country’s rapid industrialization, infrastructure development, and expansion of the oil and gas sector. According to the TechSci Research report, the market was valued at USD 2,482.45 million in 2022 and is projected to exhibit a compound annual growth… Read More »
The Advanced Driver Assistance Systems (ADAS) market has emerged as a critical segment of the automotive industry, driven by the increasing demand for safety features, technological advancements, and regulatory mandates. As of 2022, the global ADAS market stood at USD 40.66 billion and is projected to reach USD 60.10 billion by 2028, growing at a compound annual… Read More »
The Europe Electric Two-Wheeler Market is experiencing rapid growth, driven by increasing environmental consciousness, government incentives, and advancements in battery technology Valued at approximately USD 650 million in 2022, the market is expected to expand at a robust compound annual growth rate (CAGR) of 12.35% from 2023 to 2028. This report provides a comprehensive analysis of the market… Read More »
The global off-road vehicle market is witnessing substantial growth, driven by rising technological innovation and increasing construction and industrial activities. Off-road vehicles play a vital role in a range of industries, including agriculture, mining, construction, and forestry, providing essential mobility, hauling capacity, and durability in rugged terrains. This report delves into the current state of the global… Read More »
The African passenger car market has emerged as a dynamic and rapidly evolving sector, showing significant potential for growth between 2018 and 2028. With the market projected to reach USD 18.6 billion by 2023 and a forecasted compound annual growth rate (CAGR) of 4.6% from 2023 to 2028, this report provides a comprehensive analysis of the key factors… Read More »
The UAE electric commercial vehicle market has witnessed significant growth in recent years, reflecting the country’s commitment to sustainability and green energy. Valued at USD 201 million in 2022, the market is projected to grow at a compound annual growth rate (CAGR) of 3.3% from 2023 to 2028. This report provides a comprehensive analysis of the market, focusing… Read More »
The Asia Pacific tire market has emerged as a significant player in the global automotive industry. Valued at USD 82 billion in 2022, the market is projected to grow at a compound annual growth rate (CAGR) of 5.58% from 2023 to 2028. This growth is driven by various factors, including economic expansion in key countries, advancements in tire… Read More »
The Asia Pacific electric three-wheeler market has been gaining significant attention due to its potential to revolutionize transportation in the region. Valued at USD 702 million in 2022, this market is projected to grow steadily at a compound annual growth rate (CAGR) of 1.7% from 2023 to 2028. The driving forces behind this growth include increasing environmental awareness,… Read More »
According to TechSci Research, the Global Automotive Cockpit Electronics Market stood at USD 38 billion in 2022 and is anticipated to grow with a CAGR of 8.3% from 2024 to 2028. The market’s robust growth is driven by several key factors, including the rapid adoption of advanced infotainment and navigation systems, stringent global safety regulations, evolving consumer… Read More »
The global truck platooning market is poised for significant growth, driven by advancements in technology, environmental imperatives, and the need for enhanced road safety and cost efficiencies in commercial trucking. According to a TechSci Research report, the market stood at USD 1 billion in 2022 and is projected to grow with a CAGR of 10.2% from 2024… Read More »