Automation

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated Africa two-wheeler tire market size volume at 8.15 million units in 2022. During the forecast period between 2023 and 2029, BlueWeave expects   Africa two-wheeler tire market   size volume to grow at a steady CAGR of 4.5% reaching 11.05 million units by 2029. Major factors for the expansion of Africa two-wheeler tire market include increasing fleet size, growing automation, and high adoption of mopeds. Climate change, rising temperature and sea levels, shifting precipitation patterns, and extreme weather patterns are altering African countries' socioeconomic status. It is affecting road infrastructure, resulting in the frequency of tire replacement is escalating in African countries. These elements are boosting two-wheeler tire sales in the region and are expected to influence growth during the forecast period as well. Continuous commercial expansion of the regi...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimates global train battery market size at USD 552.96 million in 2021. During the forecast period between 2022 and 2028, BlueWeave expects global   train battery market size to grow at a significant CAGR of 10.8% reaching a value of USD 1,102.54 million by 2028. An increasing demand for energy-efficient transportation systems, high-speed trains, and luxury trains will all increase in tandem with urbanization. It is also expected that the introduction of high-speed trains in developing countries will create more opportunities for the global train battery market's growth through the creation of hybrid rail systems and important developments in autonomous trains. Global Train Battery  Market   – Overview A device that gives a train electricity is called a train battery. It is significant, as it enables the train to run independently of an external power source. When ...

  A recent study conducted by the strategic consulting and market research firm,   BlueWeave Consulting , revealed that the   India automotive lighting market   was worth USD 2.9 billion in the year 2021. The market is projected to grow at a CAGR of 5.5% from 2022-2028 (forecast period), earning revenues of around USD 4.3 billion by the end of 2028. The market is booming owing to the rising adoption of advanced technologies driven by improved safety features to promote market growth. Additionally, stricter government lighting regulations for better visibility and safety are predicted to accelerate market growth substantially. Furthermore, rising living standards and much more disposable income of the consumers in India combined with the increased research and development(R&D) activities that improve safety standards and quality of automotive lighting are driving the Indian automotive lighting market. Increasing Automobile Sales  in India Boosting Automotive ...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, expects global electric scooter and motorcycle market size to zoom at an impressive CAGR of 35% during the forecast period between 2022 and 2028. Global   electric scooter and motorcycle market   will advance due to growing consumer awareness of air pollution caused by emissions from fossil-fueled vehicles and strong demand for low-noise transportation options. Increased government spending to encourage the use of EVs is expected to increase demand for electric motorcycles and scooters. The government's subsidies, grants, and tax breaks on the purchase of electric two-wheelers will provide new market opportunities for manufacturers to increase their output. The popularity of electric motorcycles and scooters is largely attributed to their low operating and maintenance costs. Consumers are being compelled to switch to battery-powered electric motorcycles and scooters becau...

  A recent study conducted by the strategic consulting and market research firm,   BlueWeave Consulting , revealed that the United States automotive aftermarket market is projected to grow at a CAGR of 2.5% during the forecast period. The   United States automotive aftermarket market   is growing because the average age of vehicles and the expansion of automotive dealers on online platforms are driving the market. In addition, the market is propelled by motorists' desire to improve the performance of their vehicles in terms of exhaust sound, speed, and cosmetic standards, among many other elements. The United States Environmental Protection Agency keeps an eye on the environmental effects and built-up standards related to the operation of automotive components, such as the noise emission levels related to contemporary automotive resonators and mufflers in automotive exhaust systems. However, the adoption of vehicle safety technologies and rising electric vehicle sale...

  A recent study conducted by the strategic consulting and market research firm,   BlueWeave Consulting , revealed that the global   electric vehicle (EV) charging station market   is projected to witness a CAGR of over 40% during 2022 - 2028. The demand for the global electric vehicle (EV) charging station market is expected to grow at a significant rate, during the forecast period. Increasing initiatives by the government to accelerate the growth of electric vehicle and electric vehicle charging stations along with growing fuel prices is pushing the consumers to switch towards better and energy-efficient alternatives such as electric vehicles is anticipated to propel the demand for EV charging stations in the forecast period. Furthermore, initiatives like Net Zero and expanding the production capacity of electric vehicles are estimated to present lucrative growth opportunities to the market in the forecast period. Growing Environment Consciousness and Aim Towards S...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated g lobal  low-speed vehicle (LSV) market   size at USD 8.35 billion in 2021. During the forecast period between 2022 and 2028, BlueWeave expects g lobal low-speed vehicle market   size to grow at a steady CAGR of 7.3% reaching a value of USD 13.62 billion by 2028.   Global low-speed vehicle (LSV)   market expansion is driven by rising demand for low-speed cars in gated communities and resorts, high adoption of conventional fuel and electric low-speed vehicles, and growing environmental concerns. The surging demand for LSVs among the geriatric population due to short-distance transportation and ease of use and increasing urbanization and growing public safety awareness is also expected to drive the overall market growth. Due to high disposable income, consumers demand for luxury services in the hospitality sector. Stringent government regulations re...

  BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated   Saudi Arabia spare parts  market   size value at USD 4.35 billion in 2021. During the forecast period between 2022 and 2028, BlueWeave expects Saudi Arabia spare parts market size to grow at a steady CAGR of 7.5% reaching a value of USD 7.13 billion by 2028. The expansion of Saudi Arabia spare parts market is driven by increasing vehicle customization, expanding vehicle average age, and evolving advanced technologies in manufacturing automotive spare parts. Additionally, the growing popularity of e-commerce platforms as well as a greater emphasis on maintaining vehicle and passenger safety while driving could contribute to the market expansion. Saudi Arabians can afford private vehicles due to their high per capita income and superior urban living circumstances. One of the fundamental reasons Saudi Arabia prioritizes automotive development is that its imp...