Business

The Rise of Used Garage Equipment: Meeting the Budget Needs of Smaller Repair Shops

The Automotive Garage Equipment Market: A Comprehensive Overview Automotive garage equipment refers to a wide range of tools, machinery, and equipment used in automobile repair shops or garages. The market for automotive garage equipment is growing rapidly, driven by the increasing number of vehicles on the road and the need for regular maintenance and repairs. […]

Business

Connected Car Technology Driving Growth in the Automotive Navigation Systems Market

The automotive industry has undergone significant changes in 2020 due to the COVID-19 pandemic. Despite this, the automotive market share has remained relatively stable. According to a report by Statista, Toyota, Volkswagen, and Daimler were the top three automotive companies in terms of market share in 2020. This article will delve into the automotive industry […]

Business

The Future of Aftermarket Car Electronics: Insights from Industry Experts

As technology advances, the automotive industry continues to see significant changes in the way cars are designed and operated. One of the areas that have seen significant changes is the use of electronics in cars. From sensors that monitor various systems to entertainment systems, the aftermarket car electronics industry has grown significantly over the years. […]

Business

Electric vehicle motors Industry Growth Projections by Leading Keyplayers

Market Overview: In addition, the global Electric vehicle motors Industry is expected to rise at a CAGR of 20% with a significant value during the projected the year of 2023-2030. Electric vehicle motors are electro mechanical devices that turn electrical energy into mechanical energy to power electric cars. The interplay of the magnetic field and current in electric […]

Business

Electric truck Industry Growth Projections Key Based on Product Type, End-use and Regional Demand

Market overview: The electric truck market was worth USD 22.63 billion in 2021 and is expected to be worth USD 57.67 billion by 2027, growing at a CAGR of 14.30 percent during the forecast period (2022 – 2030). Factors such as increased government initiatives to promote e-mobility, stringent emission standards imposed on fossil-fuel-powered commercial vehicles, and […]