Automotive Market Research Reports

  The global vehicle electrification market size was valued at   USD 89.26 billion in 2022   and is expected to grow at a compound annual growth rate   (CAGR) of 9.9%   from 2023 to 2030. The market is expected to grow significantly due to the automotive industry's demand for alternatives to petroleum-based fuel and government initiatives for environmentally sustainable transportation options globally. The governments of various nations are launching green initiatives; various environmental agencies are setting aggressive targets for emission cuts globally. At the same time, environmentally conscious consumers are increasingly adopting electric vehicles and contributing toward reducing their overall carbon footprint. As a result, the demand for vehicle electrification products is expected to increase during the forecast period. Furthermore, various advantages linked to electrification are improving the vehicle's performance, adding additional features, and provi...

  The global cold chain market size was valued at  USD 270.98 billion in 2023   and is expected to grow at a compound annual growth rate   (CAGR) of 18.9%   from 2024 to 2030. Changes in consumer preferences and growing e-commerce sales are expected to drive the growth of the market. An increasing number of organized retail stores in developing economies are leading to the growing demand for cold chain solutions. Rising investment in cold chains and government initiatives to minimize food waste are expected to boost market growth. The growing adoption of technologies such as RFID and automation in cold chain applications provides significant growth opportunities for the market. Gather more insights about the market drivers, restrains and growth of the  Cold Chain Market The World Trade Organization (WTO) and bilateral free trade agreements, such as the European Union Free Trade Agreement (FTA) and the North America Free Trade Agreement (NAFTA), have created...

Road Safety Industry Overview The global road safety market size was evaluated at USD 3.07 billion in 2022 and is anticipated to grow at a compound annual growth rate (CAGR) of 17.5% from 2023 to 2030. The market is gaining momentum owing to a surge in the number of road accidents and fatalities. The increasing need for public security and improvement in road infrastructure bodes well for market growth. Additionally, several governments around the world are taking steps to decrease traffic accidents through numerous programs and initiatives. In an attempt to curb the growing number of road accidents and fatalities, governments worldwide are focusing on maintaining traffic discipline and ensuring commuters' safety. Gather more insights about the market drivers, restrains and growth of the  Road Safety Market Road safety products have witnessed several developments over the past few years. Earlier, to maintain traffic discipline, the operators installed red lights and speed monitorin...

  All-Terrain Vehicle Industry Overview The global all-terrain vehicle market size was valued at USD 4.54 billion in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 3.8% from 2023 to 2030. The rising popularity of outdoor sports activities, including off-road events, the increasing number of adventure and trail parks, and the rising demand for all-terrain vehicle (ATVs) for agricultural and military applications are the major factors propelling the growth of the market. Furthermore, the growing disposable income and purchasing capacity of individuals in developed and developing economies are anticipated to drive the demand for all-terrain vehicles over the forecast period. Gather more insights about the market drivers, restrains and growth of the  All-Terrain Vehicle Market The market for all-terrain vehicles witnessed negative growth during the first half of 2020 owing to the spread of the COVID-19 virus. The global lockdown and restrictions led to the...