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Press Releases from MarketsandMarkets™ INC. (677 total)

Ride Sharing Market Value $185.1 billion by 2026 at a CAGR of 16.6%

The global Ride Sharing Market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026. Increase in urbanization, internet and smartphone penetration and increase in cost of vehicle ownership are the major factors driving the growth of the Ride Sharing Market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=198699113 The ownership of a vehicle is cumulative of

Rolling Stock Market Projected to reach $64.8 billion by 2027

The report "Rolling Stock Market by Component, Product Type (Locomotive, Rapid Transit, Wagon, & Coach), Locomotive Technology (Conventional, Turbocharged, & Maglev), Application (Passenger Transportation & Freight transportation) & Region - Global Forecast to 2027", size is projected to grow from USD 53.8 billion in 2022 to USD 64.8 billion by 2027, at a CAGR of 3.8%. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=4380892 The rolling stock market is expected to grow at a CAGR

Automotive 3D Printing Market Projected to reach $7.9 billion by 2027

According to a research report "Automotive 3D Printing Market by Vehicle Type (ICE & Electric Vehicles), Offering (Hardware & Software), Component, Material (Metals, Plastics, Resin & Composites), Technology (SLA, SLS, EBM, FDM, LOM, 3DIP), Application, & Region - Global Forecast to 2027" published by MarketsandMarkets, the automotive 3D printing market is projected to grow from USD 2.9 billion in 2022 to USD 7.9 billion by 2027, at a CAGR of

Automotive Diagnostic Scan Tools Market Size, Growth, Demand, Opportunities & Fo …

According to a research report "Automotive Diagnostic Scan Tools Market by Workshop Equipment, Vehicle, Handheld Scan Tools (Scanner, Code Reader, Digital Pressure Tester, TPMS Tool, Battery Analyzer), Offering, Connectivity (wi-Fi, Bluetooth), Type and Region - Global Forecast to 2026" published by MarketsandMarkets, the Automotive Diagnostic scan tools Market is estimated to be USD 33.1 billion in 2021 and is projected to reach a market size of USD 41.4 billion by

Surgical Sutures Market by 2026 - Global Trends, Share Analysis, Leading Players …

The global surgical sutures market is projected to reach USD 4.9 billion by 2026, growing at a CAGR of 6.0% from 2021 to 2026. Increasing number of surgical procedures; According to the WHO 2016 Report, the estimated mean global surgical rate was 4,469 operations per 100,000 people per year, with road accidents and associated trauma being the major cause of surgical treatment. According to the EC Factsheet 2017, globally, there are around

Electric Construction Equipment Market Projected to reach $24.8 billion by 2027

According to a research report "Electric Construction Equipment Market by Equipment Type, Battery Capacity, Battery Type, Power Output, Application, Propulsion, Electric Tractor Market, Electric Construction & Mining Equipment Market and Region - Global Forecast to 2027" published by MarketsandMarkets, the electric construction equipment market is estimated to grow from USD 9.2 billion in 2022 to USD 24.8 billion by 2027 at a CAGR of 22.0% over the forecast period. Download PDF

Brake System Market Projected to reach $28.1 billion by 2027

According to a research report "Brake System Market by Type (Disc, Drum), Technology (ABS, ESC, TCS, EBD), On & Off-Highway Vehicle (Passenger Car, LCV, HCV, Construction-Mining, Tractor, ATV), OHV Brake (Hydraulic Wet, Hydrostatic, Dynamic), Actuation and Region - Global Forecast to 2027" published by MarketsandMarkets, the brake system market is projected to reach USD 28.1 billion by 2027 from an estimated USD 22.2 billion in 2022, at a CAGR of

Farm Equipment Market to Show Significant Growth in Near Future

The global Farm Equipment Market is projected to grow from USD 111.8 Billion in 2022 to USD 141.6 Billion by 2027, at a CAGR of 4.8% during the forecast period. Government support with farm loan waivers/credit finance, OEM/sales incentives to support dealer service and rental operations, increase in farm mechanization, and contract farming are the major factors driving the growth of the Farm Equipment Market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=164005174 The plowing

Electric Scooter and Motorcycle Market worth 6,193 thousand units by 2027

The global electric scooter market and electric motorcycle market is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period. Factors such as favorable government policies, growing demand for energy-efficient commuting, rising concern for emission free vehicles, rising fuel prices have compelled two-wheeler OEMs to explore beyond the use of conventional internal combustion engines (ICE) in two-wheelers. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=142827777 Market

Construction Equipment Market Trends and Forcecast by 2027

The construction equipment market size is projected to grow from USD 180.4 billion to USD 223.1 billion by 2027, at a CAGR of 4.3% for the same period. The market is expected to witness growth due to the development of public-private capital investments, increase in the number of the commercial projects, and restart of the infrastructure projects sanctioned by governments after the pandemic situation. Browse 470 market data Tables and 72

Train Battery Market Growth Factors, Demand, Trends and Forecast to 2030

According to a research report "Train Battery Market by Type & Technology (Lead Acid-Gel Tubular, VRLA, Conventional; Ni-Cd-Sinter, Fiber, Pocket, & Li-Ion), Advanced Train (Autonomous, Hybrid, Fully Battery-Operated), Rolling Stock Type, Application and Region - Global Forecast to 2030" published by MarketsandMarkets, the global train battery market size is projected to reach USD 758 million by 2030, from an estimated value of USD 518 million in 2022, at a CAGR

Mining Machinery Market Analysis | Industry Size, Share, Growth and Forecast 202 …

The global Mining Machinery Market size is projected to reach USD 36.2 billion by 2025, from an estimated value of USD 29.0 billion in 2020, at a CAGR of 4.5%. Increasing use of electric machinery in underground mining and increase in demand for metals and commodities are the driving factors are expected to boost the mining machinery market. Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=99264577 The mining industry has witnessed many advancements,

Construction Equipment Market Growth Factors, Opportunities, Ongoing Trends and …

The construction equipment market is estimated to grow from USD 180.4 billion in 2022 to USD 223.1 billion by 2027, at a CAGR of 4.3% over the same period. The base year for the report is 2021, and the forecast period is from 2022 to 2027. The market would witness growth owing to driving factors such as rapid urbanization, increasing infrastructure development in emerging economies, and population and migration to

Collagen Market is Expected to Reach $5.3 billion by 2026

The global collagen market size is estimated to be valued at USD 4.1 billion in 2021. It is projected to reach USD 5.3 billion by 2026, recording a CAGR of 5.4%, in terms of value. The growing application of collagen in the pharmaceutical and cosmetics & personal care products industry to fuel the demand for collagen proteins. Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=220005202 The nutritional products segment accounts for the largest market share in

Ride Sharing Market by Type (E-hailing, Station-Based, Car Sharing & Rental) - G …

The global Ride Sharing Market was valued at USD 85.8 billion in 2021 and projected to reach USD 185.1 billion by 2026, growing at a CAGR of 16.6% from during forecast period (2022-2026). Electric Vehicle segment is expected to be the fastest-growing segment during the forecast period In China, according to David Xu, Didi's head of strategy, a whopping 21% of the ride-hailing fleet is electric. Beijing-based Didi Chuxing Technology Co., the

Railway Cybersecurity Market Outlook: Top Players Thales Group (France), Siemens …

The report "Railway Cybersecurity Market by Type (Infrastructural & On-board), Offering, Security Type (Network, Application, Endpoint, System Administration and Data Protection), Application (Passenger & Freight), Rail Type and Region - Global Forecast to 2027", is estimated to be USD 6.2 billion in 2021 and is projected to grow at a CAGR of 9.4% during the forecast period, to reach USD 10.6 billion by 2027. Browse 153 market data Tables and 73

Electric Vehicle Market worth 39,208 thousand units by 2030

The electric vehicle market size is projected to grow from 8,151 thousand units in 2022 to reach 39,208 thousand units by 2030, at a CAGR of 21.7%. Factors such as growing demand zero emissions commuting and governments supporting low emission vehicles through subsidies & tax rebates have led to automakers adopting to EV's and growth of Electric Vehicle market. Browse 262 market data Tables and 104 Figures spread through 324 Pages

Robotaxi Market by Application, Level of Autonomy, Vehicle, Service, and Region …

The global Robotaxi Market size is projected to grow from 617 units in 2021 to 1,445,822 units by 2030, at a CAGR of 136.8%. Factors such as the rising concerns over road safety, emissions, and the increasing demand for ride-hailing services have led to the growth of the market. Autonomous vehicles also help in optimizing cost to the fleet operator. Newer business models like mobility as a service would provide

Automotive Camera Market by Application (ADAS, Park Assist), Technology (Thermal …

The global automotive camera market is projected to reach USD 11.3 billion by 2026 from USD 6.8 billion in 2021, at a CAGR of 10.4% during the forecast period. The rising demand for semiautonomous and autonomous driving, focus on advanced safety systems, increasing adoption of driving assistance features, and increasing consumer disposable income will fuel the demand for automotive cameras. Moreover, increasing adoption of ADAS & safety features, focus on

Mobility as a Service Market Growth Factors, Opportunities, Ongoing Trends and K …

The Mobility as a Service Market size is projected to reach USD 40.1 billion by 2030 from an estimated USD 3.3 billion in 2021, at a CAGR of 32.1% from 2021 to 2030. The growth of this market is influenced by factors such as increasing smart city initiatives, growing adoption of on-demand mobility services, need to reduce CO2 emissions, improved 4G/5G infrastructure, and penetration of smartphones. Therefore, the mobility as

Railway Telematics Market by Solution (Fleet Management, Automatic Stock Control …

The Railway Telematics Market was valued at USD 5.1 billion in 2021 and projected to reach USD 7.3 billion by 2026, growing at a CAGR of 7.5% from during forecast period. Driver: Government initiatives for smart railways Increasing urbanization across the globe is resulting in the evolution of smart cities. Governments around the world are undertaking various smart city initiatives to provide better transportation infrastructure and speeding-up operational activities in public transportation

Exhaust System Market Projected to reach $47.9 billion by 2026

The Exhaust System Market was valued at USD 36.9 billion in 2021 and is projected to reach USD 47.9 billion by 2026, growing at a CAGR of 5.3% during the forecast period SCR segment is expected to be the largest segment during the forecast period SCR is one of the latest emission control devices that breaks down the hydrocarbons and NOx into water and nitrogen. It uses expensive metals such as palladium,

Wireless Charging Market for Electric Vehicles by Power Supply Range (3-50 KW) - …

The report "Wireless Charging Market for Electric Vehicles by Power Supply Range (3-50 KW), Application (Home & Commercial), Distribution Channel (Aftermarket & OE), Component, Charging System, Propulsion, Vehicle Type & Region - Global Forecast to 2027" The global wireless charging market for electric vehicles is projected to grow from USD 15 million in 2022 to USD 377 million by 2027, at a CAGR of 88.4%. Factors such as rising sales

Railway Wiring Harness Market by Application (HVAC, Lighting, Traction System, I …

The report "Railway Wiring Harness Market by Application(HVAC, Lighting, Traction System, Infotainment), Material, Train (Metro/Monorail, Light Rail, HRS), Component (Wire, Connector), Voltage (High, Low), Cable, Wire length,End Use and Region - Global Forecast to 2026" The railway wiring harness market, by value, was USD 1.5 billion in 2021. It is projected to grow at a CAGR of 4.6% from 2021 to 2026, to reach USD 1.9 billion by 2026. Asia

In-Wheel Motor Market by Vehicle Type, Power Output, Motor Weight - Global Forec …

The global In-Wheel Motor Market was valued at USD 808 million in 2021 and projected to reach USD 4,395 million by 2026, growing at a CAGR of 40.3% during the forecast period. The global In-Wheel Motor Market is driven by increased performance, driving range, reliability, and provision for improved electric vehicle performance similar to Internal Combustion Engine (ICE) vehicles Additionally, it helps to reduce vehicle part count, complexity, and cost

Electric Bus Market worth 671,285 units by 2027

The report "Electric Bus Market by Propulsion (BEV, PHEV & FCEV), Application (Intercity & Intra-city), Consumer, Range, Bus Length, Seating Capacity, Power Output, Battery Capacity, Component, Level of Autonomy, Battery type & Region - Global Forecast to 2027" The global electric bus market size is projected to grow from 112,041 units in 2022 to reach 671,285 units by 2027, at a CAGR of 43.1%. The growth of the electric bus

EV Charging Cables Market by Power Supply (AC and DC), Application (Private Char …

According to a research report "EV Charging Cables Market by Power Supply (AC and DC), Application (Private Charging and Public Charging), Length (2-5 Meters, 6-10 Meters, and >10 Meters), Shape (Straight and Coiled), Mode, Charging Level, Diameter and Region - Global Forecast to 2027" published by MarketsandMarkets, the global EV charging cables market is projected to grow at a CAGR of 29.8%, to reach USD 2,453 million by 2027 from

Farm Equipment Market Trends and Indication to 2027

The report "Farm Equipment Market by Tractor Power Output(250HP), Tractor Drive Type, Autonomous Tractor, Electric Tractor(Hybrid, Electric), Farm Equipment(Combine, Baler, Sprayer), Implement, Rental & Region - Global Forecast to 2027", is projected to grow from USD 99.4 billion in 2021 to USD 126.0 billion by 2027, at a CAGR of 4.0% during the forecast period. The demand for electric and autonomous vehicles would create growth opportunities for the farm equipment

All Wheel Drive Market Projected to reach $53.8 billion by 2027

The report "All Wheel Drive Market by System (Automatic, Manual), Vehicle Type (Passenger & Commercial Vehicle), EV Type (BEV, PHEV), Component (Power Transfer Unit, Differential, Propeller Shaft, Transfer Case, Final Drive Unit) and Region - Global Forecast to 2027", size is projected to reach USD 53.8 billion by 2027, from an estimated value of USD 35.9 billion in 2022, at a CAGR of 8.4%. Browse 205 market data Tables

EV Battery Market Growth Factors, Demand, Trends and Forecast to 2025

The global EV Battery Market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025. The base year for the report is 2020, and the forecast period is from 2021 to 2025. With the increasing stringency of government mandates regarding emissions caused by vehicles, the automotive industry focuses on efficiency, emission-free propulsion, and innovative technologies. The increasing adoption of

All-terrain Vehicle Market Growth Factors, Demand, Trends and Forecast to 2027

The report "All-terrain Vehicle Market by Type & Application (Sport, Entertainment, Agri, Military & Defense), Drive (2WD, 4WD, AWD), Engine (800cc), Fuel, Wheel Number, Seating Capacity, Side-By-Side Vehicle and Region - Global Forecast to 2027", size is projected to reach USD USD 5.0 billion by 2027, from an estimated USD 4.3 billion in 2022, at a CAGR of 2.7%, from 2022 to 2027. increasing demand for all-terrain vehicles in agriculture,

Electric Vehicle Charging Station Market Size, Growth, Demand, Opportunities & F …

The global Electric Vehicle Charging Station Market size is projected to grow from 2,354 thousand units in 2022 to 14,623 thousand units by 2027, at a CAGR of 44.1%. Automotive companies and component manufacturers are investing significant amounts in research and testing of EV charging technology. Factors such as rising sales of EVs around the world, along with the growing demand for zero emission transport will boost the demand for

Hub Motor Market likle to HIT $10.82 billion by 2025

The report "Hub Motor Market by Installation (Front & Rear), Vehicle (E-Bikes, E-Scooters/Mopeds, and E-Motorcycles), Motor (Geared and Gearless), Sales Channel (OE and Aftermarket), Power Output (Below 1000 W, 1000-3000 W, and Above 3000 W), and Region - Global Forecast to 2025" Global hub motor market is projected to grow at a CAGR of 5.01% from USD 7.69 billion in 2018 to reach USD 10.82 billion by 2025 The major

Automotive Ambient Lighting Market Outlook 2022: Size, Share, Trends and Forecas …

The automotive ambient lighting market size is projected to reach USD 6.2 billion by 2027 from an estimated USD 3.8 billion in 2022, at a CAGR of 10.6% from 2022 to 2027. The automotive ambient lighting market is mainly driven by increasing demand for premium vehicles, and increasing adoption of LED-based lighting in C&D segment cars owing to consumer inclination towards more personalized and distinct features in their cars. Further,

Mobility as a Service Market Outlook to 2022 : High Growth Opportunities by 2030

The mobility as a service market size is projected to reach USD 40.1 billion by 2030 from an estimated USD 3.3 billion in 2021, at a CAGR of 32.1% from 2021 to 2030. The growth of this market is influenced by factors such as increasing smart city initiatives, growing adoption of on-demand mobility services, the need to reduce CO2 emissions, improved 4G/5G infrastructure, and the penetration of smartphones. Therefore, the

EV Battery Market Outlook to 2022: High Growth Opportunities by 2025

The global EV battery market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025. Increasing demand of electric vehicles, improvement in battery technology, supporting government policies and regulations, and launch of new plug-in EV models are factors responsible to drive the EV battery market. Today, with the increasing concerns raised over the environmental impact of conventional vehicles, governments around

Mining Machinery Market Witness the Growth of USD 36.2 billion by 2025

The global Mining Machinery Market size is projected to reach USD 36.2 billion by 2025, from an estimated value of USD 29.0 billion in 2020, at a CAGR of 4.5%. Increasing use of electric machinery in underground mining and increase in demand for metals and commodities are the driving factors are expected to boost the mining machinery market. The mining industry has witnessed many advancements, especially with the introduction of

Driving Simulator Market worth $2.1 billion by 2025

The report "Driving Simulator Market by Application (Training and Research & Testing), Vehicle Type(Car Simulator and Truck & Bus Simulator), Simulator Type(Training Simulator and Advanced Driving Simulator), Training Simulator Type(Compact Simulator and Full-Scale Simulator), End User, Region - Forecast to 2025", is projected to grow at a CAGR of 7.2% from USD 1.5 billion in 2020 to USD 2.1 billion by 2025. The growth of the driving simulator market can

Automotive Seats Market Outlook to 2022: Top Players Adient Plc (US), Lear Corpo …

The Automotive Seats Market is projected to grow from USD 51.5 billion in 2021 to USD 68.4 billion by 2030, at a CAGR of 3.2% during the forecast period. Growing demand for premium vehicles, rising adoption of powered seats in mid-segment cars & SUVs and increasing demand for aftermarket seating solutions are driving the Automotive Seats Market. However, a projected recovery in Q1-Q2 of 2021 in vehicle production supports the growth

Car Care Products Market Trends and Industry Forecast to 2027

The global Car Care Products Market is projected to grow at a CAGR of 4.7% during the forecast period, from an estimated USD 4.2 billion in 2021 to USD 5.5 billion by 2027. Car care products are high-quality chemicals used for better shine, gloss, and longevity of vehicles. Increase in sale of used cars, use of e-commerce platforms by leading players to increase customer base are expected to offer promising

Electric Scooter and Motorcycle Market Outlook 2022: Big Things are Happening | …

The global Electric Scooter and Motorcycle Market is expected to account for 6,193 thousand units by 2027, growing at a CAGR of 33.1% during the forecast period. The base year for the report is 2021, and the forecast period is from 2022 to 2027. Factors such as growing demand for energy-efficient commuting and governments supporting electric two-wheelers through subsidies & tax rebates have compelled two-wheeler OEMs to explore beyond the

Electric Vehicle Charging Station Market Size, Share and Growth Forecast to 2027

The global Electric Vehicle Charging Station Market size is projected to grow from 2,354 thousand units in 2022 to 14,623 thousand units by 2027, at a CAGR of 44.1%. Automotive companies and component manufacturers are investing significant amounts in research and testing of EV charging technology. Factors such as rising sales of EVs around the world, along with the growing demand for zero emission transport will boost the demand for

Lawn Mower Market Size, Growth, Demand, Opportunities & Forecast To 2027

The Lawn Mower Market, by value, is projected to grow to USD 33.6 billion by 2027 from USD 23.5 billion in 2022, at a CAGR of 7.4% from 2022 to 2027. The base year for the report is 2021 and the forecast period is from 2022 to 2027. The major factors contributing towards the growth is the developments in residential and commercial purposes. The developments in robotic technologies have also

Automotive Hydrostatic Fan Drive System Market Trends and Industry Forecast to 2 …

The report "Automotive Hydrostatic Fan Drive System Market by Component, Pump Type (Fixed Displacement and Variable Displacement), Vehicle Type (Buses, Construction Equipment, and Agricultural Tractors), and Region - Global Forecast to 2025″, The automotive hydrostatic fan drive system market is projected to grow at a CAGR of 6.80% during the forecast period, from USD 144.8 Million in 2018 to USD 229.6 Million by 2025. The growing demand for an independent, compact,

The Future of the Farm Equipment Market: Interesting Highlights and Emerging Ven …

The global Farm Equipment Market is projected to grow from USD 99.4 Billion in 2021 to USD 126.0 Billion by 2027, at a CAGR of 4.0% during the forecast period. Government support with farm loan waivers credit finance, OEM/sales incentives to support dealer service and rental operations, increase in farm mechanization, and contract farming are the major factors driving the growth of the Farm Equipment Market. However, a projected recovery in Q1-Q2

Automotive Air Purifier Market Size, Share, Trends and Forecast to 2025

The report "Automotive Air Purifier Market by type (Purifier, Ionizer, & Hybrid), Technology (HEPA, Activated Carbon, Ionic Filter, & Photocatalytic), Vehicle Class (Economy, Mid-Priced, & Luxury), End Market (OE & Aftermarket), and Region - Global Forecast to 2025", The automotive air purifier market is estimated to be USD 792.7 million in 2018 and is projected to reach a market size of USD 2,286.9 million by 2025, growing at a CAGR

Automotive Wiring Harness Market Trends, Current and Future Analysis by 2027

The report "Automotive Wiring Harness Market by Application (Engine, Chassis, Cabin, Body & Lighting, HVAC, Battery, Seat, Sunroof, Door), Transmission Type (Data, Electrical), Date Rate, ICE & Electric Vehicle, Component, Material, & Region - Global Forecast to 2026" The global automotive wiring harness market is projected to grow from USD 47.0 billion in 2021 to USD 57.4 billion by 2026, at a CAGR of 4.1% during the forecast period. The

Zero Trust Security Market Emerging Technologies, Industry Demand, CAGR Status, …

In the post-COVID-19 scenario, the report "Zero Trust Security Market by Solution Type (Data Security, Endpoint Security, API Security, Security Analytics, Security Policy Management), Deployment Type, Authentication Type, Organization Size, Vertical, and Region - Global Forecast to 2026", size is projected to grow from USD 19.6 billion in 2020 to USD 51.6 billion by 2026, recording a compound annual growth rate (CAGR) of 17.4% from 2020 to 2026. The major

Population Health Management Market - Industry-Specific Opportunities and Trends …

MarketsandMarkets™ Research Report's View on Revenue Impact? The population health management market has been segmented on the basis of component, mode of delivery, end user, and region. Population health management solutions enable stakeholders in the healthcare sector to deliver patient-centric care and help in curtailing the high costs associated with healthcare by reducing readmissions, ensuring that only appropriate and optimum interventions are provided to patients. These solutions streamline workflows by ensuring that

Wound Care Market will grow at 7.6% CAGR - Global Insights on Trends and Leading …

According to the new market research report "Wound Care Market is projected to reach USD 27.8 billion by 2026 from USD 19.3 billion in 2021, at a CAGR of 7.6% during the forecast period. Driver: Growing prevalence of diseases & conditions affecting wound healing capabilities; Physical health conditions, such as acute wounds, chronic wounds, and surgical wounds, have a negative effect on the wound healing process. The prevalence of acute, chronic, and

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