Automotive And Transportation

Automotive industry is the industry of automobiles. It is the industry that designs, develops, manufactures, markets, and sells motor vehicles, and is one of the earth’s most important and largest economic sectors by revenue.

The growth of Saudi Arabia tire market is attributable to the increasing penetration of automobiles because of customers’ high purchasing power and living standards in this region. Furthermore, the launch of various Chinese automobile brands at affordable costs is also driving the market growth.

UK electric vehicle market is flourishing at a high rate because of the driving factors such as increasing environmental consciousness towards fuel vehicles and highly volatile prices of non-renewable resources.

UAE used car market is growing at a high CAGR because of the growing emergence of online and authorized platforms of used car sales and buying and the surging demand for used cars being released in the market.

With the growing number of IoT-based smart cities and the increasing number of automotive vehicles across the globe, the global market for smart parking systems is expected to grow substantially.

The global automotive smart tire market is immensely gaining popularity in the automobile industry because of the emergence of connected and autonomous vehicles and the introduction of technology in various automobile components.

The global in-cabin automotive AI market is growing at a high rate because of the flourishing automotive industry and the increasing focus towards offering overall comfort and enhanced experience to the driver, along with the stringent government regulations regardingdriving safety.

The global electric vehicle testing, inspection, and certification market is gaining traction because of the growing concern towards non-renewable energy and environment. and stringent government regulations on the automotive industry has resulted in the sharp surge in the adoption of electric vehicles.

Germany mountain bike market reached USD 2,446.5 million in 2020 and is further projected to reach USD 4,688.3million by 2027, growing at a CAGR of 9.9% during 2021-2027 (forecast period). There are several factors contributing to the growth of the German mountain bike market, including an aging population comprising 40–60-year-olds, rising awareness of changing climatic conditions in the country, and an increase in mountain biking events.

The global side view camera system market was worth USD 76.3 million in 2020 and is further projected to reach USD 302.4 million by the year 2027, growing at the CAGR of 18.6% in the forecast period. global side view camera system market is growing because of factors like the increasing demand for passenger and commercial vehicles and the expanding automobile manufacturing with the growing preference for using light-weighted parts for making automobiles energy efficient.

Lead acid batteries are the widely used batteries across all battery types in photovoltaic systems. Despite the low energy density, lack of efficiency, and higher maintenance, lead-acid batteries are the longest-lasting types of batteries and are regarded as the most rechargeable of all batteries.