Market Research Future Insights According to MRFR analysis, the global Automotive Software Industry is expected to register a CAGR of ~ 20% from 2022 to 2030 and hold a value of over USD 28 Billion by 2030. Automotive software indicates software, (or embedded software or firmware) that is related mainly to automotive industry-specific products or […]
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Global Autonomous Trucks Market: Current Trends and Future Projections
Autonomous Trucks Market Overview Autonomous Trucks Market is expected to be valued at USD 460 Million with a CAGR of 15.6% Forecast by 2030 Robotic trucks and Self-driving trucks are other names for Autonomous Trucks. These trucks have all of the most important features of regular trucks. The self-driving system uses LIDAR (laser radar), infrared […]
Driving Towards Sustainability: The Rise of Low Speed Electric Vehicles
Low speed Vehicle Market Overview These vehicles generally move at 20-25mph speed. These are battery-driven with minimal emissions. Therefore, the Low speed Vehicle Market is facing huge demand globally Low speed Vehicles are in higher demand among consumers. People prefer small size and lower-weight vehicles for regular usage. The rise in concern for the environment […]
Revolutionizing Commuting: How Bikes Are Changing the Way We Travel
Market Research Future Insights According to MRFR analysis, the global Bike Market is expected to register a CAGR of ~7.89% from 2022 to 2030 and hold a value of over USD 84.26 billion by 2030. Bike are bicycles with an integrated electric motor drive system and a battery that generates electricity for propulsion or propulsion assistance. Electric […]
Navigating Automotive Sensors Market: A Study of the Industry’s Key Segments
Rise in demand for vehicle electrification, formulation of stringent government regulations related to emissions will drive the automotive sensors market at a high CAGR during the forecast period.