Press Releases by Category Logistics & Transport
Europe Electric Kick Scooter Industry Forecasted to Grow at a 14.5% CAGR, Surpas …
The Europe electric kick scooter market is witnessing rapid growth, spurred by the increasing demand for environmentally friendly and cost-effective modes of urban transportation. According to Persistence Market Research, the market is forecasted to grow at a 14.5% compound annual growth rate (CAGR), surpassing US$ 3.8 billion by 2031. This growth is being driven by the rising popularity of micro-mobility solutions in cities, the growing focus on reducing carbon emissions,…
Comprehensive Luxury Coaches Market Insights: Forecasting Size, Growth, and Comp …
What combination of drivers is leading to accelerated growth in the luxury coaches market?
The luxury coaches market is projected to grow alongside the thriving tourism industry. Tourism pertains to the practice of people traveling and lodging in foreign locations for leisure, work, or other reasons. This surge in tourism can be attributed to streamlined transportation, increased disposable incomes, easy access to information, and the rising popularity of international travel experiences.…
Automotive Acoustic Engineering Services Market Set to Expand at a 9.5% CAGR, Re …
The automotive industry is experiencing significant advancements in various aspects, from electrification to connectivity and safety features. One of the crucial components that are gaining attention is acoustic engineering services. These services focus on enhancing the sound experience within vehicles, ensuring noise, vibration, and harshness (NVH) reduction, as well as improving the auditory experience for drivers and passengers. According to a recent report by Persistence Market Research, the automotive acoustic…
Automotive Production Growth Driving Steering Tie Rod Market Driver: Leading Tra …
Which drivers are expected to have the greatest impact on the over the steering tie rod market's growth?
The increasing automotive production is expected to boost the growth of the steering tie rod market. Steering tie rods are essential components in vehicle production, connecting the steering rack to the steering knuckle. The rising global demand for vehicles and technological advancements are driving automotive production. For example, the European Automobile Manufacturers Association…
In-Depth Analysis of the Public Charging Service Market: Growth Opportunities, K …
Which drivers are expected to have the greatest impact on the over the public charging service market's growth?
The growth of the public charging service market is expected to be fuelled by the rise in the use of electric vehicles. Electric vehicles (EVs) are vehicles propagated by an electric motor, powered by rechargeable batteries or other energy storage systems. The rise in the use of electric vehicles can be credited to…
Car Detailing Service Market Set to Expand at a 5.1% CAGR, Reaching US$ 5.09 Bn …
The car detailing service industry has become an integral part of the automotive aftercare sector. With the growing demand for maintaining vehicle aesthetics and increasing awareness regarding vehicle protection, the market is seeing remarkable expansion. According to a recent report by Persistence Market Research, the car detailing service market is poised to expand at a compound annual growth rate (CAGR) of 5.1% and is expected to reach US$ 5.09 billion…
Key Influencer in the Smart Labelling In Logistics Market 2025: The Impact Of In …
Which drivers are expected to have the greatest impact on the over the smart labelling in logistics market's growth?
The rise in Internet of Things (IoT) integration is expected to fuel the smart labelling in logistics market. The IoT enables seamless data exchange and automation, improving the efficiency of supply chains. For example, global IoT connections reached 13.2 billion in 2022 and are forecast to grow by 18% to 34.7 billion…
Rising Demand For Coal Boosts Market Growth Due To Increasing Energy Production …
What industry-specific factors are fueling the growth of the dry bulk shipping market?
The surge in coal demand is set to drive the expansion of the dry bulk shipping market in the future. Derived from ancient plant matter, coal is a flammable sedimentary rock mainly composed of carbon, serving as a key energy supplier for electricity production and industrial operations. The escalating coal demand stems from growing energy requirements, industrial expansion,…
Key Influencer in the Courier, Express And Parcel (CEP) Market 2025: The Surge I …
How Are the key drivers contributing to the expansion of the courier, express and parcel (cep) market?
The anticipated expansion of the e-commerce industry is foreseen to stimulate the progress of the courier, express, and parcel (CEP) market. E-commerce involves the online purchasing and selling of services and goods and has evolved into a crucial component of contemporary trade. The growth in the e-commerce industry is attributed to factors like increased…
Automotive Gesture Recognition Systems Market to Experience Remarkable Growth at …
The automotive industry is undergoing a significant transformation, with technological advancements shaping the way vehicles interact with drivers. One such innovation is the integration of gesture recognition systems in vehicles, a technology that allows drivers and passengers to interact with in-car systems through hand or body gestures. The automotive gesture recognition systems market is expected to grow at a remarkable pace, reaching a market value of USD US$ 2.8 billion…
Liquid Packaging Market Trends You Can't Ignore - Growth, Tech & Market Leaders …
The Global Liquid Packaging Market reached USD 472 billion in 2022 and is projected to witness lucrative growth by reaching up to USD 674 billion by 2031. The market is growing at a CAGR of 4.4% during the forecast period 2024-2031
Liquid Packaging Market report, published by DataM Intelligence, provides in-depth insights and analysis on key market trends, growth opportunities, and emerging challenges. Committed to delivering actionable intelligence, DataM Intelligence empowers…
Automotive Grade Smart Cockpit System-On-Chip (SoC) Market Set to Reach $10.55 B …
What industry-specific factors are fueling the growth of the automotive grade smart cockpit system-on-chip (soc) market?
The increasing need for advanced driver assistance systems is projected to fuel the growth of the automotive grade smart cockpit system-on-chip (SoC) market. These advanced driver assistance systems (ADAS) utilize vehicle technologies designed to enhance the safety and driving experience by incorporating features such as auto braking, lane maintenance support, and collision evasion. The amplified…
Europe Vehicle Electrification Market to Experience Remarkable Growth at a 8.6% …
The European vehicle electrification market is witnessing an exciting period of growth, with the market expected to expand significantly at a compound annual growth rate (CAGR) of 8.6% by 2031. As the automotive industry undergoes a transformation towards cleaner and more energy-efficient vehicles, electrification technologies are playing a pivotal role. The increasing demand for electric vehicles (EVs) and hybrid electric vehicles (HEVs), combined with supportive government policies, are key factors…
Impact of Rising Vehicle Numbers on the Side View Camera System Market: A Key Fa …
What combination of drivers is leading to accelerated growth in the side view camera system market?
The increasing demand for vehicles is expected to drive the side-view camera system market. As the number of vehicles on the road rises due to urbanization and economic growth, the demand for safety and visibility features, such as side-view camera systems, is also growing. These systems improve safety by enhancing visibility of blind spots, helping…
Gasoline Particulate Filter Market to Witness Strong Growth, Expected to Reach U …
The global gasoline particulate filter (GPF) market is experiencing substantial growth, driven by increasing environmental regulations and growing consumer demand for cleaner, more fuel-efficient vehicles. With concerns over air pollution and harmful emissions on the rise, governments worldwide are enforcing stricter emission standards for automotive manufacturers, pushing the demand for gasoline particulate filters. The GPF market is expected to reach a value of US$ 4.8 billion by 2031, growing at…
Automotive Pedestrian Protection System Market to Witness Strong Growth, Expecte …
The automotive pedestrian protection system (PPS) market is experiencing significant growth, and it is expected to reach a value of US$ 18.84 billion by 2031. The market is projected to grow at a compound annual growth rate (CAGR) of 14.7% during the forecast period from 2024 to 2031. The increasing emphasis on vehicle safety, stricter government regulations, and the rising demand for advanced safety features in vehicles are key factors…
Seat Mounts: Anchoring Growth in the Dynamic Marine Seats Market
The marine seats market is driven by the demand for comfort, safety, and durability in various marine applications, from recreational boating to commercial vessels. Within this dynamic sector, the seat mount segment presents a high-opportunity area, playing a crucial role in ensuring secure and adaptable seating solutions for diverse marine environments.
Market Dynamics and Growth Drivers
Seat mounts provide the essential connection between marine seats and the vessel's deck, offering stability, adjustability,…
Automotive Coil Spring Market to Witness Strong Growth, Expected to Reach US$ 15 …
The automotive coil spring market is poised for robust growth, driven by increasing demand for advanced automotive suspension systems. The global market is expected to reach a value of US$ 15.98 billion by 2031, registering a compound annual growth rate (CAGR) of 4.9% during the forecast period (2024-2031). Automotive coil springs are a vital component of suspension systems, playing a crucial role in enhancing vehicle stability, comfort, and handling by…
Forklift Trucks Market to Reach US$ 103.6 Bn by 2031, Registering a 7.6% CAGR (2 …
The global forklift truck market is poised for significant growth, with a projected market size of US$ 103.6 billion by 2031. This represents a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031. Forklift trucks, essential for material handling across various industries, are widely used in warehouses, manufacturing plants, retail, and logistics sectors to lift, stack, and transport goods. As industries focus on improving efficiency and safety in…
Increasing Adoption Of Electric Vehicles Driving The Growth Of The Market Due To …
Which drivers are expected to have the greatest impact on the over the electric vehicle e-axle market's growth?
The surge in the use of electric vehicles is predicted to fuel the expansion of electric vehicle e-axle markets. Electric vehicles, which are powered by electric motors instead of traditional internal combustion engines, draw energy from rechargeable batteries. The growing concern for the environment, government incentives, improvements in battery technology, and the surging…
Inflatable Boat Market to Reach US$ 2.94 Bn by 2031, Registering a 3.9% CAGR (20 …
The inflatable boat market is witnessing steady growth, with its size expected to reach US$ 2.94 billion by 2031, registering a compound annual growth rate (CAGR) of 3.9% from 2024 to 2031. Inflatable boats are widely used for recreational activities, military purposes, rescue operations, and commercial purposes such as transportation and leisure boating. These boats are particularly valued for their portability, cost-effectiveness, and durability in various water conditions. As consumer…
Key Influencer in the Steering Thermal Systems Market 2025: Luxurious Vehicles D …
What industry-specific factors are fueling the growth of the steering thermal systems market?
The growing demand for luxury vehicles is expected to drive the steering thermal systems market. Luxury vehicles, known for their high-end features and performance, require reliable steering systems to maintain optimal temperature and performance. Steering thermal systems prevent overheating in steering components, ensuring reliability. For instance, in April 2023, Porsche reported delivering 80,767 cars in Q1 2023, an…
Top Factor Driving Spark Plug Market Growth in 2025: Impact Of Increasing Automo …
What market dynamics are playing a key role in accelerating the growth of the spark plug market?
Rising automotive production is expected to boost the spark plug market. Increased vehicle demand, driven by economic growth, urbanization, and rising consumer purchasing power, is leading to higher automotive production. Spark plugs are essential components in igniting the fuel-air mixture in combustion engines. For instance, in June 2024, Statistics Canada reported that the number…
Comprehensive Solar Vehicle Market Insights: Forecasting Size, Growth, and Compe …
Which drivers are expected to have the greatest impact on the over the solar vehicle market's growth?
The growing demand for electric vehicles is expected to propel the growth of the solar vehicle market. Electric vehicles (EVs) are powered by electric motors and rechargeable batteries. Their demand is driven by environmental benefits, cost savings, technological advances, and energy security concerns. Solar technology in EVs is used as a supplementary energy source,…
Rising Tourism Boosts Growth Of The Sailing Yacht Market Driver: A Major Catalys …
Which drivers are expected to have the greatest impact on the over the sailing yacht market's growth?
The rise in tourism is expected to fuel the growth of the sailing yacht market. Tourism is growing as transportation infrastructure improves and disposable incomes increase. Sailing yachts play an important role in tourism by offering unique travel experiences. For example, in 2023, the Croatian Bureau of Statistics reported 17.8 million tourist arrivals in…
Oil & Gas Exploration and Disaster Preparedness Boost Seismic Equipment Market
The Seismic Equipment Market Is Set To Grow At An Estimated CAGR Of 5.2% From 2025 To 2034, Rising From $8 Billion In 2024 To $12.5 Billion By 2034.
On March 25, 2025, Exactitude Consultancy., Ltd. released a research report titled Seismic Equipment Market 2025-2034 This report offers a new perspective on the Seismic Equipment Market covering an extensive range of aspects including market overview, expenditure analysis, import trends, segmentation, key…
Leading Growth Driver in the School Bus Market in 2025: Increasing School Enroll …
How Are the key drivers contributing to the expansion of the school bus market?
An increase in school enrollments is expected to drive the growth of the school bus market. School enrollment is rising globally, fueled by literacy initiatives and better access to education, particularly in developing regions. School buses play a vital role in ensuring students' safe transportation to school and related activities. For instance, the United States Census Bureau…
Primary Catalyst Driving RoboTaxi Market Evolution in 2025: Traffic Congestion F …
Which drivers are expected to have the greatest impact on the over the robotaxi market's growth?
The growing issue of traffic congestion is expected to drive the growth of the robotaxi market. Traffic congestion arises when traffic demand exceeds road capacity, often due to high vehicle volumes, inadequate infrastructure, and inefficient traffic management. Robotaxis can help reduce congestion by offering on-demand transportation, optimizing routes, and minimizing the number of private vehicles…
Urban Gardening and Landscaping Trends Drive the Small Gas Engines Market
The Small Gas Engine Market Is Set To Grow At An Estimated CAGR Of 5.1% From 2025 To 2034, Rising From $3.2 Billion In 2024 To $5.0 Billion By 2034.
On March 24, 2025, Exactitude Consultancy., Ltd. released a research report titled Small Gas Engines for Lawn Mowers Market 2025-2034 This report offers a new perspective on the Small Gas Engines for Lawn Mowers Market covering an extensive range of aspects…
Key Trends Shaping the Future Robot Cars And Trucks Market From 2025-2034: Auton …
What industry-specific factors are fueling the growth of the robot cars and trucks market?
The increasing number of road accidents is expected to drive the growth of the robot cars and trucks market. Road accidents often occur due to speeding, distracted driving, impaired driving, and poor road conditions. Autonomous vehicles, such as robot cars and trucks, can reduce accidents by utilizing advanced sensors and real-time decision-making capabilities, removing human error and…
Automotive Innovator Hosam Al-Baderi Shares Insights in Exclusive Online Intervi …
Hosam Al-Baderi, the CEO of Amari Motors and Amari Customs and Designs, recently shared his journey and professional insights in a detailed online interview, offering an in-depth look at the intersections between his passions and his entrepreneurial ventures in the automotive industry.
In the interview, Al-Baderi discusses his roots in Salt Lake City, Utah, where he developed an early interest in sports and outdoor activities that eventually paved the way for…
Honda-Acty.com Expands Availability of Honda Acty Parts and Accessories for Nort …
Toronto, ON - March 24, 2025 - Honda-Acty.com, a leading supplier of parts and accessories for the Honda Acty, announces the expansion of its inventory to better serve North American owners of this unique Japanese mini truck. With growing interest in the Honda Acty among businesses, farmers, and automotive enthusiasts in the United States and Canada, the company is streamlining access to high-quality replacement parts and accessories.
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The Honda Acty,…
Tomberlin Announces "Go Beyond the Cart Path" Sales Event - Free Evoke E-Bike Wi …
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Aiken, SC - March 24, 2025 - Tomberlin, the leader in luxury low-speed electric vehicles (LSVs), drives the future of personal transportation with a limited-time sales event. From March 15 - June 15, 2025, customers who purchase a new 2024 or prior model year Tomberlin LSV will receive one free Tomberlin Evoke e-Bike - an exciting offer that expands the freedom and versatility Tomberlin owners expect.
"We don't just build…
Composite Intermediate Bulk Containers Market to Observe Prominent CAGR in the 3 …
Data Bridge Market Research analyses that the global composite intermediate bulk containers market is expected to reach USD 2.79 billion by 2031, which is USD 2.11 billion in 2023, registering a CAGR of 3.6 % during the forecast period of 2024 to 2031.
Market Definition:
Composite intermediate bulk containers (IBCs) are storage vessels that are used for transporting and storing liquids and bulk materials. The combination materials such as plastic, metal, and…
E-Commerce Warehouse Market worth USD 832.8 Billion by 2032, Driven by Automatio …
According to a new report published by Allied Market Research, titled, "E-Commerce Warehouse Market" was valued at $158.38 billion in 2022, and is estimated to reach $832.8 billion by 2032, growing at a CAGR of 18.4% from 2023 to 2032.
E-commerce warehousing refers to the physical storage and management of products or goods that are bought and sold online. It involves the receipt, storage, and handling of inventory in a warehouse…
Automotive Glass Fiber Composites Market Size to Hit US$ 11.4 Bn by 2031 | Persi …
The automotive glass fiber composites market is on the brink of significant growth, expected to reach US$ 11.4 billion by 2031, growing at a steady pace. This market is propelled by the increasing demand for lightweight and durable materials in the automotive industry, as well as the rising consumer demand for more fuel-efficient and environmentally friendly vehicles. Glass fiber composites are a mixture of glass fibers and polymers, offering superior…
[Latest] The Evolution of the Italy Automotive Actuators Market in the Digital A …
New Jersey, United States,- Italy Automotive Actuators Market The market is also influenced by the rising consumer demand for enhanced vehicle comfort and safety features, leading to the integration of actuators in systems like power seats, HVAC, and brake mechanisms. The transition towards sustainable transportation solutions further emphasizes the need for innovative actuator technologies to manage complex vehicle systems effectively. As the automotive industry in Italy continues to evolve, the…
[Latest] The Growing Demand for Sustainability in the Indonesia Power Generation …
New Jersey, United States,- Indonesia Power Generation Epc Market The growth is attributed to the increasing demand for electricity in Indonesia, driven by industrialization, urbanization, and the government's focus on energy infrastructure development. The market is expected to continue its expansion as the country diversifies its energy mix, incorporating renewable sources such as wind, solar, and geothermal into the power generation landscape. The demand for advanced and efficient technologies in…
Vehicle Scanner Market to Expand at 6.1% CAGR, Reaching US$ 3.4 Bn by 2031 | Per …
The vehicle scanner market is poised for significant growth in the coming years, with a projected value of US$ 3.4 billion by 2031, expanding at a compound annual growth rate (CAGR) of 6.1%. These scanning systems are designed to provide comprehensive monitoring and inspection of vehicles, ensuring security, safety, and compliance across various industries. Vehicle scanners are widely used for border security, toll booths, law enforcement, and automotive manufacturing to…
FTL and LTL Shipping Services Market Share 2025 Global Key Findings, Industry De …
The latest report from Coherent Market Insights examines the growth prospects of the FTL and LTL Shipping Services Market from 2025 to 2032. This in-depth analysis covers industry size, market share, business trends, key growth factors, and regional forecasts. The report provides a comprehensive overview by integrating research findings, market assessments, and data from various sources. It explores crucial market dynamics, including drivers, restraints, challenges, and potential risks, while also…
Shipping Containers Market to Expand at 3.8% CAGR, Reaching US$ 9.8 Bn by 2031 | …
The global shipping containers market is experiencing steady growth and is projected to reach a valuation of US$ 9.8 billion by 2031, expanding at a compound annual growth rate (CAGR) of 3.8%. Shipping containers are essential for the transportation of goods globally, facilitating both international and domestic trade across industries. These standardized metal boxes, commonly referred to as intermodal containers, have become integral to modern logistics, enabling seamless transfer between…
Truck Mounted Concrete Mixers Market to Expand at 5.3% CAGR, Reaching US$ 12.3 B …
The global truck-mounted concrete mixers market is experiencing a steady growth trajectory, driven by the rising demand for efficient, cost-effective, and high-performance equipment in the construction industry. By 2031, the market is expected to reach a significant valuation of US$ 12.3 billion, growing at a compound annual growth rate (CAGR) of 5.3%. Truck-mounted concrete mixers are widely used for transporting and mixing concrete on construction sites, ensuring timely and precise…
Automotive Parts Remanufacturing Market Size to Be Valued at US$ 130.6 Bn by 203 …
The automotive parts remanufacturing market is set for substantial growth in the coming years. As global concerns over sustainability, cost reduction, and resource efficiency continue to rise, remanufacturing has become a pivotal solution in the automotive industry. By 2031, the market is expected to be valued at US$ 130.6 billion, growing at a significant compound annual growth rate (CAGR). Remanufacturing refers to the process of restoring used automotive parts to…
New Energy Vehicle (NEV) Taxi Market Size to Be Valued at US$ 120.4 Mn by 2031 - …
The global New Energy Vehicle (NEV) Taxi market is set to witness remarkable growth in the coming years, with projections estimating a market size of US$ 120.4 million by 2031. This market, primarily driven by the rising demand for eco-friendly transportation, is experiencing a significant transformation due to technological advancements in electric vehicle (EV) infrastructure and growing concerns about air pollution and carbon emissions. New Energy Vehicles, which include electric,…
Self-Driving Bus Market to Achieve US$ 9.0 Bn by 2031 - Persistence Market Resea …
The self-driving bus market is poised for significant growth, with the global market expected to reach US$ 9.0 billion by 2031, growing at a robust compound annual growth rate (CAGR). The transformation in public transportation driven by autonomous vehicles is no longer a far-off concept, as self-driving buses are increasingly becoming a reality in many cities around the world. This growth is primarily fueled by technological advancements in artificial intelligence…
Passenger Car Accessories Market Set to Expand at a 5.9% CAGR, Reaching US$ 369. …
The global passenger car accessories market is experiencing significant growth, and it is projected to expand at a compound annual growth rate (CAGR) of 5.9%, reaching a market value of US$ 369.15 billion by 2031. This growth is being driven by several key factors, including an increase in disposable income, the growing demand for comfort and convenience features, and rising consumer preference for personalizing vehicles. As automotive consumers look for…
[Latest] Investment Strategies in the North America Automotive Hydraulic Actuato …
New Jersey, United States,- North America Automotive Hydraulic Actuators Market The growth is primarily driven by the increasing automation and digitalization within the automotive industry, leading to a higher demand for vehicles equipped with advanced features and connectivity. Hydraulic actuators play a crucial role in modern vehicles, enabling precise control in systems such as power steering, braking, suspension, and transmission. The rising consumer demand for enhanced vehicle performance and safety…
[Latest] Investment Strategies in the Russia Automotive Eps Market: Risks and Re …
New Jersey, United States,- Russia Automotive Eps Market The growth. Moreover, the shift towards lightweight and more efficient automotive parts and the increasing need for safety and comfort in vehicles are anticipated to further drive the demand for automotive EPS in Russia. The growing trend of automation and smart steering systems is also expected to create new opportunities in the market, fostering further development and innovation in EPS technology.
Get |…
Air Cargo Green Capabilities Launches New Digital Booking Platform
Luxembourg, January 22, 2025 - Air Cargo Green Capabilities (ACGC) is making air freight easier than ever with its brand-new digital booking platform. Now, businesses can book and track their shipments effortlessly while keeping things green and efficient.
We're launching a digital booking platform that's here to shake up the air freight world. With this tool, you can book shipments, track them in real-time, and handle all your logistics in one…
Saudi Arabia Warehousing & Cold Storage Market Surges with 8.7% YoY Growth, Driv …
In 2024, the Saudi Arabia cold storage market recorded a notable 8.7% year-on-year (YoY) growth, driven by the increasing need for temperature-controlled storage in key cities like Riyadh, Jeddah, and Dammam. As of January 2025, cold storage capacity across the Kingdom expanded by 5.38%, with significant developments in Makkah, Riyadh, and the Eastern Province, strengthening Saudi Arabia's warehousing infrastructure.
Saudi Arabia's economy is witnessing unprecedented growth, fueled by the ambitious Vision…
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