Press Releases by Category Logistics & Transport
Key Trend Reshaping the Lubricants Market in 2025: New Synthetic Oils Enhance En …
What Are the Projections for the Size and Growth Rate of the Lubricants Market?
The lubricants market has experienced steady growth in recent years. It is projected to expand from $156.67 billion in 2024 to $162.46 billion in 2025, with a compound annual growth rate (CAGR) of 3.7%. This growth in the past period can be attributed to industrialization, mechanization, the expansion of the automotive sector, technological innovations in lubricant formulations,…
In-Depth Analysis of the IoT Fleet Management Market: Growth Opportunities, Key …
How Is the Chondroplasty Market Projected to Grow, and What Is Its Market Size?
The chondroplasty market has seen strong growth in recent years. It will increase from $13.77 billion in 2024 to $14.68 billion in 2025 at a CAGR of 6.5%. This growth is attributed to the rise in sports-related injuries, patient preference for non-total joint replacement procedures, advances in postoperative care, healthcare provider training, and an increasing incidence of…
Railway Battery Market is Forecasted to Reach US$ 483.9 million in 2027, Says St …
The global Railway Battery Market is projected to witness a growth rate of 2.4% annually from 2022 to 2027, with an anticipated size of US$ 483.9 million in 2027, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global Railway Battery Market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment…
What's Driving the Railway Energy Management Market 2025-2034: Railway Energy Ma …
What Are the Projections for the Size and Growth Rate of the Railway Energy Management Market?
The railway energy management market has seen strong growth in recent years. It will grow from $3344.12 billion in 2024 to $3619.24 billion in 2025, at a CAGR of 8.2%. This growth is due to the increasing demand for energy efficiency and sustainability, rising energy costs, urbanization, population growth, the need for real-time monitoring, and…
Lane Keep Assist System And Adaptive Cruise Control Market Forecast 2025-2034: A …
How Will the Lane Keep Assist System And Adaptive Cruise Control Market Grow, and What Is the Projected Market Size?
The lane keep assist system and adaptive cruise control market will grow from $16.66 billion in 2024 to $18.71 billion in 2025, at a CAGR of 12.3%. The growth is driven by rising concerns for road safety, increasing demand for autonomous vehicles, government regulations for advanced safety features, the rise in…
Global Hazardous Goods Logistics Market Projected to Surpass $337.09 Billion by …
How Is the Chondroplasty Market Projected to Grow, and What Is Its Market Size?
The chondroplasty market has seen strong growth in recent years. It will increase from $13.77 billion in 2024 to $14.68 billion in 2025 at a CAGR of 6.5%. This growth is attributed to the rise in sports-related injuries, patient preference for non-total joint replacement procedures, advances in postoperative care, healthcare provider training, and an increasing incidence of…
Hypercharger Market Growth Analysis: Industry Expansion and Key Players - Charge …
Global Hypercharger Market reached US$ 12.8 billion in 2023 and is expected to reach US$ 209.3 billion by 2031, growing with a CAGR of 41.8% during the forecast period 2024-2031.
The Hypercharger market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a…
In-Dash Navigation System Market Forecast 2025-2034: Analysing Major Trends, Opp …
How Will the In-Dash Navigation System Market Grow, and What Is the Projected Market Size?
The in-dash navigation system market will grow from $13.95 billion in 2024 to $15.53 billion in 2025, reflecting a CAGR of 11.3%. The growth is driven by the increasing demand for integrated infotainment systems in vehicles, greater reliance on navigation aids for travel and commuting, rising traffic congestion, and improvements in user interface and user experience.
The…
Leading Growth Driver in the Intelligent Traffic Management System Market in 202 …
What Are the Market Size and Growth Forecast for the Intelligent Traffic Management System Market?
The intelligent traffic management system market is expected to grow from $9.68 billion in 2024 to $10.91 billion in 2025, at a compound annual growth rate (CAGR) of 12.7%. Growth drivers include urbanization, population growth, environmental concerns, safety regulations, economic development, and the rising demand for mobility services.
The Intelligent Traffic Management System market will grow to…
In-Dash Navigation System Market Forecast 2025-2034: Analysing Major Trends, Opp …
How Will the In-Dash Navigation System Market Grow, and What Is the Projected Market Size?
The in-dash navigation system market will grow from $13.95 billion in 2024 to $15.53 billion in 2025, reflecting a CAGR of 11.3%. The growth is driven by the increasing demand for integrated infotainment systems in vehicles, greater reliance on navigation aids for travel and commuting, rising traffic congestion, and improvements in user interface and user experience.
The…
Leading Element Driving Change in the Flexion Tires Market in 2025: Agricultural …
What Is the Estimated Market Size and Growth Rate for the Flexion Tires Market?
The flexion tires market is expected to grow from $12.2 billion in 2024 to $13.03 billion in 2025, with a CAGR of 6.8%. The growth is supported by the expansion of industries such as textiles, automotive, consumer goods manufacturing, and furniture sectors.
The flexion tires market is expected to grow to $16.08 billion by 2029 at a CAGR…
Future of Automotive in India worth 6.0 million units by 2030, at a CAGR of 5.7%
Future of Automotive in India by Vehicle Type (PV, CV, 2W, 3W), PV by Body Type (Hatchback, Sedan, SUV, MPV), Propulsion Type (ICE, BEV) - Forecast to 2030
The India automotive (PV+CV) market [https://www.marketsandmarkets.com/Market-Reports/future-automotive-in-india-219650907.html?utm_source=abnewswire.com&utm_medium=referral&utm_campaign=future-automotive-in-india] is expected to grow from 5.1 million units in 2023 to 7.5 million units in 2030, at a CAGR of 5.7%.
The future of automotive in India is driven by a rapidly increasing middle class with higher disposable…
Projected Growth and Trends in Global Ethyl Acetate Market: 2024-2029
Understanding the Rapid Expansion of the Ethyl Acetate Market and Its Growing Applications.
What Is The Projected Market Size Of The Global Ethyl Acetate Market And Its Growth Rate?
The ethyl acetate market has been experiencing strong growth recently and is projected to continue this trend in the coming years:
• In 2024, the market size was $5.12 billion
• The market size is expected to rise to $5.6 billion in 2025 at a…
Soaring Growth in Drone Light Shows Market: Expansion Trajectory and Key Player …
Impacted by global sporting events and the rise of event marketing, the Drone Light Shows market is expected to show significant growth from $6.36 billion in 2024 to $16.8 billion in 2029.
What Is The Projected Market Size Of The Global Drone Light Shows Market And Its Growth Rate?
Drone Light Shows market is set for considerable expansion:
* The market will grow from $6.36 billion in 2024 to $7.47 billion in 2025,…
Green Packaging Market Analysis, Size, Share, and Growth Forecast to 2024-2031 | …
The Global Green Packaging Market reached USD 255.1 billion in 2022 and is expected to reach USD 350.5 billion by 2030, growing with a CAGR of 7.2% during the forecast period 2024-2031.
The Green Packaging market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the…
Fuel Injection Systems Market Anticipated Growth through 2024-2031 | Magneti Mar …
Global Fuel Injection Systems Market reached US$ 79.5 Billion in 2023 and is expected to reach US$ 171.7 Billion by 2031, growing with a CAGR of 10.3% during the forecast period 2024-2031.
The Fuel Injection Systems market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of…
Packaging Robots Market Expected High CAGR and Report 2024-2031 | ABB Robotics, …
Global Packaging Robots Market reached US$ 5.7 billion in 2022 and is expected to reach US$ 14.6 billion by 2031, growing with a CAGR of 12.2% during the forecast period 2024-2031.
The Packaging Robots market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition.…
Hydrogen Fuel Cell Train Market is Booming Worldwide with Alstom, Siemens, Bomba …
HTF MI recently introduced Global Hydrogen Fuel Cell Train Market study with 143+ pages in-depth overview, describing about the Product / Industry Scope and elaborates market size (2025-2032). The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence.
𝐌𝐚𝐣𝐨𝐫 𝐜𝐨𝐦𝐩𝐚𝐧𝐢𝐞𝐬 profiled in Hydrogen Fuel Cell Train Market are: Alstom, Siemens, Bombardier, Toyota, Hyundai, Panasonic, Ballard Power Systems, Plug Power, etc.
𝐆𝐞𝐭…
Key Trends Shaping the Future Dirt Bike Market From 2025-2034: Advancements In E …
What Is the Estimated Market Size and Growth Rate for the Dirt Bike Market?
The dirt bike market will grow from $8.24 billion in 2024 to $8.77 billion in 2025, at a CAGR of 6.4%. This growth is attributed to off-road recreation trends, motorsports culture, youth appeal, outdoor exploration, and the evolution of trail riding.
The dirt bike market is projected to experience significant growth in the upcoming years, reaching $11.3 billion…
Cruiser Bikes Global Market Report 2025: Rising Demand for Luxury Motorcycles Bo …
The Global Cruiser Bikes market is expected to show strong growth from $70.95 billion in 2024 to $75.51 billion in 2025, with a compound annual growth rate (CAGR) of 6.4%, prompted by increased demand for luxury motorcycles and expanding tourism industry.
What Is The Projected Market Size Of The Global Cruiser Bikes Market And Its Growth Rate?
The global market for Cruiser bikes:
• Grew from $70.95 billion in 2024 to $75.51 billion…
Global CNG And LPG Vehicle Market Projected to Surpass 6.4 Billion by 2029 with …
What Are the Market Size and Growth Forecast for the CNG And LPG Vehicle Market?
The CNG and LPG vehicle market has grown strongly, expected to grow from $4.19 billion in 2024 to $4.57 billion in 2025, at a CAGR of 9.1%. This growth can be attributed to increased adoption by public transit systems, government incentives, rising environmental awareness, industry collaborations, and research and development initiatives.
The CNG and LPG vehicle market…
Automotive Seat Belts Market Set to Reach 18.95 Billion by 2029 with 5.6% Yearly …
What Is the Estimated Market Size and Growth Rate for the Automotive Seat Belts Market?
The automotive seat belts market has experienced strong growth, forecasted to grow from $14.49 billion in 2024 to $15.26 billion in 2025, at a CAGR of 5.3%. This growth has been supported by rising automobile sales and production, increasing disposable income, growing concerns over road safety, higher demand for passenger cars, and stringent government regulations.
The automotive…
E-Commerce Boom Fuels Expansion Of The Fleet Management Software Market Driver: …
How Is the Fleet Management Software Market Projected to Grow, and What Is Its Market Size?
The fleet management software market is projected to grow from $24.04 billion in 2024 to $28.24 billion in 2025, at a CAGR of 17.5%. This growth is driven by the demand for autonomous and electric vehicles (EVs), real-time monitoring, predictive maintenance, the rise of mobility-as-a-service (MaaS), and increased connectivity.
The fleet management software market is expected…
Global Energy Logistics Market to Reach $895.99 Billion by 2029, Growing at 13.4 …
What Is the Expected Size and Growth Rate of the Energy Logistics Market?
The energy logistics market has grown rapidly in recent years. It is expected to rise from $467.23 billion in 2024 to $540.99 billion in 2025, at a compound annual growth rate (CAGR) of 15.8%. Growth is attributed to urbanization and industrialization, regulatory changes, increased demand for liquefied natural gas transportation, energy storage solutions, and energy market liberalization.
The energy…
Surge In Demand For High-Speed Travel Propels Hyperloop Train Market Growth: Maj …
How Will the Hyperloop Train Market Grow, and What Is the Projected Market Size?
The hyperloop train market will grow from $2.24 billion in 2024 to $3.17 billion in 2025, with a CAGR of 41.7%. The growth is driven by the increasing need for faster and more efficient transportation, traffic decongestion, population growth, urbanization, and challenges in the transportation sector.
The Hyperloop Train market is expected to grow exponentially to $10.98 billion…
Logistics Real Estate Market Hits New High | Major Giants GLP, Goodman Group, DH …
The latest research study released by HTF MI on Global Logistics Real Estate Market with 143+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, sales, drivers, opportunities, market viewpoint and status. The market Study is segmented by key a region that is accelerating the marketization. Logistics Real Estate study is a perfect mix of qualitative…
Marine Battery Market is Forecasted to Reach US$ 0.5 billion in 2027, Says Strat …
The global marine battery market is projected to witness a growth rate of 3.4% annually from 2022 to 2027, with an anticipated size of US$ 0.5 billion by 2027, according to an analysis by Stratview Research.
Stratview Research, a global market research firm has launched a report on the global marine battery market which provides a comprehensive outlook of the global and regional market, industry forecast, current & emerging trends, segment…
A Deep Dive into Luxury Travel Market 2025: Key Drivers, Growth Factors, and Pro …
What Are the Market Size and Growth Forecast for the Luxury Travel Market?
The luxury travel market has demonstrated significant growth in recent years. It is forecasted to grow from $1696.93 billion in 2024 to $1784.98 billion in 2025, at a CAGR of 5.2%. This growth can be attributed to factors such as economic expansion, high disposable income, rising consumer aspirations, cultural and experiential tourism, the emergence of luxury boutique hotels,…
Key Influencer in the ASRS For Garments On Hangers Market 2025: E-Commerce Boom …
"What Is the Forecasted Market Size and Growth Rate for the ASRS For Garments On Hangers Market?
The ASRS for garments on hangers market has experienced strong growth in recent years. It is expected to expand from $1.9 billion in 2024 to $2.08 billion in 2025, at a compound annual growth rate (CAGR) of 9.5%. The historical growth can be attributed to the rise of retail and e-commerce, increasing environmental awareness,…
Artificial Intelligence Enabled Last Mile Delivery Market Set to Reach 2.8 Billi …
"What Is the Estimated Market Size and Growth Rate for the Artificial Intelligence Enabled Last Mile Delivery Market?
The artificial intelligence-enabled last mile delivery market has expanded rapidly in recent years. It is expected to grow from $1.35 billion in 2024 to $1.57 billion in 2025, reflecting a CAGR of 16.0%. The historical growth can be attributed to the rising demand for e-commerce, increasing urbanization, evolving customer expectations, advancements in AI…
Emerging Healthcare Transportation Service Market Trend 2025-2034: Innovative Ai …
How Is the Healthcare Transportation Service Market Projected to Grow, and What Is Its Market Size?
The healthcare transportation service market is expected to grow from $103.25 billion in 2024 to $109.57 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.1%. This growth is driven by economic factors and insurance coverage, emphasis on patient experience and comfort, the shift toward value-based care models, the rise in chronic diseases,…
Headlight Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share
How Big Is the Headlight Market Expected to Be, and What Will Its Growth Rate Be?
The headlight market will grow from $7.72 billion in 2024 to $8.25 billion in 2025, at a CAGR of 6.9%. The growth is driven by vehicle safety regulations, lighting efficiency improvements, aesthetic and design preferences, and the rise in premium vehicle sales.
The headlight market is projected to grow at a strong pace, reaching $10.77 billion…
Prominent Heavy Duty Trucks Market Trend for 2025: Increasing Focus On Hydrogen- …
What Are the Projected Growth and Market Size Trends for the Heavy Duty Trucks Market?
The heavy duty trucks market is expected to grow from $229.16 billion in 2024 to $242.93 billion in 2025, with a CAGR of 6.0%. The growth is driven by the increasing demand for freight, rising pollution standards, advancements in vehicle safety, and growing industrial operations.
The heavy-duty trucks market is expected to see steady growth, reaching $291.39…
Air Freight Market: A Global Overview and Future Outlook (2025-2034)
The global air freight market has undergone a tremendous transformation in recent years. With e-commerce booming, the need for fast and reliable shipping solutions has risen significantly. Air freight, which is known for its speed and efficiency, has become a preferred method for transporting time-sensitive goods, particularly high-value items. In 2024, the global air freight market reached a volume of 109.67 million metric tons (MMT) and is expected to grow…
India Used Truck Market Size, Share, Growth and Forecast 2025-2033
India Used Truck Market Overview
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Market Growth Rate: 4.3% (2025-2033)
Market Size in 2024: USD 2.1 Billion
Market Size in 2033: USD 3.2 Billion
The India used truck market is growing rapidly, driven by affordability, increasing logistics demand, digital platforms, and financing options for buyers. According to the latest report by IMARC Group, the market size reached USD 2.1 Billion in 2024. Looking forward, IMARC Group expects the…
Europe Electric Cargo Bikes Market Size, Share, Trends, Opportunities, and Forec …
The Europe Electric Cargo Bikes Market is expected to grow at a Prominent CAGR during the forecasting period (2024-2031).
The Europe Electric Cargo Bikes market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the…
Driving Forces Behind the Growth of the Electric Vehicle Transmission Market: Ma …
"How Will the Electric Vehicle Transmission Market Grow, and What Is the Projected Market Size?
The electric vehicle transmission market will grow from $9.22 billion in 2024 to $11.24 billion in 2025, at a CAGR of 21.9%. Growth factors include early innovations in EVs, rising popularity, environmental concerns, and climate change awareness.
The electric vehicle transmission market will reach $22.25 billion by 2029 at a CAGR of 18.6%, due to regulatory policies,…
Prominent Electric Vehicle Thermal Management System Market Trend for 2025: Inno …
"What Are the Projected Growth and Market Size Trends for the Electric Vehicle Thermal Management System Market?
The electric vehicle thermal management system market will grow from $3.07 billion in 2024 to $3.61 billion in 2025, at a CAGR of 17.6%. This growth is due to increased environmental regulations, safety concerns, production levels, and consumer awareness.
The electric vehicle thermal management system market is expected to grow to $6.22 billion by 2029…
Major Market Shift in Electric Vehicle Telematics Industry: Companies Embrace GP …
"What Is the Forecasted Market Size and Growth Rate for the Electric Vehicle Telematics Market?
The electric vehicle telematics market will grow from $10.39 billion in 2024 to $12.79 billion in 2025, at a CAGR of 23.1%. The growth is attributed to increased vehicle tracking, remote diagnostics, charging infrastructure integration, fleet management, and predictive maintenance.
The electric vehicle telematics market will grow to $26.48 billion by 2029 at a CAGR of 20.0%,…
Shaping the Electric Vehicle Power Electronics Market in 2025: Innovative Power …
"How Big Is the Electric Vehicle Power Electronics Market Expected to Be, and What Will Its Growth Rate Be?
The electric vehicle power electronics market will grow from $12.2 billion in 2024 to $16.69 billion in 2025, at a CAGR of 36.8%. Growth is due to increasing government regulations, energy efficiency standards, environmental concerns, and the need for affordable solutions.
The electric vehicle power electronics market is expected to grow to $50.68…
A Deep Dive into Electric Vehicle Motors Market 2025: Key Drivers, Growth Factor …
"What Are the Market Size and Growth Forecast for the Electric Vehicle Motors Market?
The electric vehicle motors market will grow from $24.04 billion in 2024 to $28.18 billion in 2025, at a CAGR of 17.2%. This growth is driven by government incentives, regulations, environmental awareness, infrastructure development, and consumer demand.
The electric vehicle motors market is forecasted to grow to $48.57 billion by 2029 at a CAGR of 14.6%, driven by…
Emerging Electric Vehicle Infotainment Market Trend 2025-2034: Strategic Partner …
"How Is the Electric Vehicle Infotainment Market Projected to Grow, and What Is Its Market Size?
The electric vehicle infotainment market will grow from $2.22 billion in 2024 to $3.02 billion in 2025, at a CAGR of 36.3%. The growth is attributed to increased screen sizes, wireless connectivity usage, urbanization, and safety regulations.
The electric vehicle infotainment market will reach $9.01 billion by 2029 at a CAGR of 31.4%, attributed to content…
Key Trend Reshaping the Electric Vehicle Communication Controller Market in 2025 …
"What Are the Projections for the Size and Growth Rate of the Electric Vehicle Communication Controller Market?
The electric vehicle communication controller market will grow from $0.17 billion in 2024 to $0.23 billion in 2025, at a CAGR of 35.5%. This is attributed to the rising adoption of electric vehicles, government regulations and incentives, and increasing demand for connected and autonomous vehicles.
The electric vehicle communication controller market will grow to $0.69…
Leading Element Driving Change in the Electric Vehicle Charging Infrastructure M …
"What Is the Estimated Market Size and Growth Rate for the Electric Vehicle Charging Infrastructure Market?
The electric vehicle charging infrastructure market will grow from $31.74 billion in 2024 to $42.43 billion in 2025, at a CAGR of 33.7%. Growth is driven by environmental concerns, government incentives, reduced operating costs, energy independence, corporate initiatives, and public awareness.
The electric vehicle charging infrastructure market is expected to grow to $115.35 billion by 2029…
Primary Catalyst Driving Electric Vehicle Battery Swapping Market Evolution in 2 …
"What Is the Future Outlook for the Electric Vehicle Battery Swapping Market's Size and Growth Rate?
The electric vehicle battery swapping market is expected to grow from $3.36 billion in 2024 to $4.74 billion in 2025, at a CAGR of 41.1%. This growth is attributed to environmental concerns, increasing urbanization, rising fuel prices, consumer demand for convenience, and infrastructure development.
The electric vehicle battery swapping market is forecasted to reach $17.9 billion…
Major Force in the Electric Vehicle Battery Management System Market 2025: The S …
"How Will the Electric Vehicle Battery Management System Market Grow, and What Is the Projected Market Size?
The electric vehicle battery management system market will grow from $7.1 billion in 2024 to $9.4 billion in 2025, at a CAGR of 32.3%. Growth drivers include rising environmental concerns, increasing fuel prices, growing demand for electric vehicles, declining battery costs, and improving energy density.
The electric vehicle battery management system market will grow to…
Third Party Logistics Market Growth Projections: CAGR Value, and Share Insights …
Coherent Market Insights' most recent research study, "Global Third Party Logistics Market Size, Share, Pricing, Trends, Growth, Opportunities and Forecast 2025-2032," provides a thorough overview of the market for Third Party Logistics on a global scale. The research contains future sales projections, consumer demand, regional analyses, and other crucial data about the target market, as well as the numerous motivators, inhibitors, opportunities, and dangers. In addition to future strategies, acquisitions,…
Automotive Armrest Market Growth, Trends, and Forecast | Key Players & Insights …
The Global Automotive Armrest Market is estimated to reach at a Significant CAGR during the forecast period 2024-2031.
The Automotive Armrest market report provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. With a commitment to delivering actionable intelligence, DataM Intelligence empowers businesses to make informed decisions and stay ahead of the competition. Leveraging a combination of qualitative and quantitative research methods, the company offers comprehensive…
Biodegradable Plastic Packaging Market Growth 2024-2032 | Trends, Market Size, L …
The Biodegradable Plastic Packaging Market is poised for significant growth from 2024 to 2032, driven by increasing environmental concerns and regulatory support for sustainable alternatives.
Key material types include starch-based plastics, cellulose-based plastics, polylactic acid (PLA), polyhydroxyalkanoates (PHA), polybutylene succinate (PBS), and polybutylene adipate terephthalate (PBAT), among others. These biodegradable solutions find applications in food, beverage, pharmaceutical, and personal/homecare packaging, catering to rising consumer demand for eco-friendly packaging.
The market is shaped…
Global Commercial Aviation Market Projected to Reach USD 306.75 Billion by 2035
According To OMR Business Consulting, The global commercial aviation market, valued at USD 208.62 billion in 2024, is set for substantial growth, projected to reach approximately USD 306.75 billion by 2035, expanding at a compound annual growth rate (CAGR) of 6.5% from 2025 to 2035. This growth is driven by the increasing demand for air travel, economic development, the rise of the middle class in emerging markets, and advancements in…