$48 Billion U.S. Recreational Vehicles Industry Soars with Pandemic

The U.S. RVs industry posted record revenues and shipments in 2021 during the COVID-19 pandemic, as consumers sought ways to vacation safely. This was a major turning point and stimulus for the industry, as a new and younger demographic was introduced to the RV lifestyle.

Topics: Travel & Leisure Transportation & Shipping Industry Insights

E-bike Market Growth Accelerates: Examining the Factors Driving the Surge

Electric bikes (e-bikes) are helping to define the future of the bicycle market. They have developed technological breakthroughs that have been noticed by manufacturers and suppliers of the automotive industry. The category has also achieved unprecedented sales in major world economies for the past several years.

Topics: Transportation & Shipping Industry Insights

Global Aircraft Landing Gear Market Soars to New Heights

The global aircraft landing gear market is expected to grow from $13,348.5 million in 2023 to $19,538.5 million in 2027 at a compound annual growth rate (CAGR) of 10.4%, according to a new report from The Business Research Company titled The Aircraft Landing Gear Global Market Report 2023.

Topics: Transportation & Shipping Industry Insights

Can the Integration of AI and 5G in Automotives Revolutionize Consumer Behavior?

Recent innovations such as in-vehicle payments, with the integration of artificial intelligence (AI) and 5G connectivity in automotives, are transforming the user experience.

Topics: Retail Transportation & Shipping Industry Insights

The Thriving Market for Electric Vehicles in Last Mile Delivery

Consumer purchasing habits have changed significantly because of the pandemic, and many of us now consider online shopping to be the default option. To address and satisfy the enormous demand for online shopping around the world, faster delivery alternatives and hyperlocal shopping have seen huge growth over the past two years.

Topics: E-commerce & IT Outsourcing Transportation & Shipping Industry Insights

Recycled EV Bearings: A Constructive Step Towards Sustainability

Modern automobile powertrain technology is transforming the automotive industry to enable various vehicles, such as connected, autonomous, shared, and electric vehicles.

Topics: Transportation & Shipping Industry Insights

Sodium-Ion Batteries Poised for Rapid Growth as an Alternative to Lithium-Ion Batteries

Sodium-ion batteries (SIBs) are an emerging battery technology that offers cost-effectiveness, better safety, performance advantages, and sustainability over the widely used lithium-ion batteries across industries such as automotive, electronics, and energy.

Topics: Energy & Resources Transportation & Shipping Consumer Electronics Industry Insights

Electric Vehicle On-Board Charger Market Primed to Accelerate

The global automotive sector is going through significant changes because of shifting consumer behavior and strict carbon emission regulations.

Topics: Transportation & Shipping Industry Insights

The Rise of Electric Vehicles and Their Impact on the Future of Automotive Lubricants

The ongoing shift of the automotive industry from internal combustion engine (ICE) vehicles to electric vehicles (EVs) has led to various changes in related industries, such as the automotive oil and lubricants industry.

Topics: Materials & Chemicals Transportation & Shipping Industry Insights

Digital Connectivity on Wheels: IoT for Micromobility

The Internet of Things (IoT) has provided opportunities for manufacturers to leverage connectivity with other essential benefits. The number of linked items in various industrial operations has increased dramatically.

Topics: Transportation & Shipping Industry Insights