Automation

  A recent study by the strategic consulting and market research firm  BlueWeave Consulting  revealed that the  Indonesia tire market  is anticipated to grow at a CAGR of 9.9% during the forecast period (2022-2028).  The market's expected growth can be ascribed to a  rising disposable income and a growing fleet of automobiles .  Increasing exports of tires and the growing number of motorcycles purchased by Indonesia's middle class have led to a proliferation of the country's tire industry. Nevertheless, concerns such as fluctuating prices of raw materials required for tire manufacturing and environmental concerns related to tire disposal may negatively affect the Indonesia tire market during the forecast period. Increasing motorcycle sales contributing to the growth of the Indonesia tire market As a result of the prevailing road conditions and traffic congestion on Indonesia's roads, motorcycles are the most common mode of transportation in the co...

  A recent study conducted by the strategic consulting and market research firm  BlueWeave Consulting  revealed that the global electric trucks market was worth USD 21.4 billion in 2021 and is estimated to grow at a CAGR of 14.6%, earning revenue of around USD 52.3 billion by the end of 2028. The growth of the  global electric trucks market  is attributable to the growing adoption of battery vehicles to promote zero-emission and sustainability.  In addition, increased government initiatives and subsidies, along with increasing investments in establishing charging infrastructure by public and private players, are expected to drive the market growth during the forecast period.  However, lack of sufficient charging infrastructure, especially in low and middle-income countries, may act as a major restraining factor for the growth of the global electric trucks market. Global Electric Trucks Market - By Battery Type Based on battery types, the global electri...

  A recent study conducted by the strategic consulting and market research firm,  BlueWeave Consulting , revealed that the Saudi Arabia  Automotive PCB  Market is projected to grow at a CAGR of 12.5% by the end of 2028. The  Saudi Arabia Automotive PCB Market  is booming because of  the increasing market share of advanced electronics in vehicles and growing purchasing power of the consumers. Also, good consumer awareness of safety features in developing regions are the key factors driving the  Saudi Arabia  Automotive PCB  Market .  Moreover, rising  government focus on some of the ADAS features and the execution of basic safety systems such as ABS, anti-lock braking system, and TPMS. This is prompting the growth of Saudi Arabia Automotive PCB (Printed Circuit Board) Market during the forecast period.  Furthermore,  Saudi Arabia  Automotive PCB  Market  is one of the most emerging markets that grow cont...