Key Global Motorcycle Industry Statistics & Growth Regions

The global motorcycle market – which includes not only internal combustion engine (ICE) motorcycles but ICE and/or electric mopeds,  scooters, and bikes – is expected to grow 4.4% per year through 2022, according to a white paper from The Freedonia Group. This marks an improvement over the anemic industry growth that characterized the period between 2012-2017.

Topics: Transportation & Shipping Industry Insights The Freedonia Group

Drones and Turboprops Will Boost Aircraft Manufacturing Market Size to $16.1 Billion

The global aircraft manufacturing market will grow at an annual rate of 9.5% to 2021, according to a new report from The Business Research Company. Driving the market is the increasing use of drones together with the rising demand for turboprops.

Topics: Transportation & Shipping Industry Insights

4 Key Factors Driving the Trend for Autonomous Vehicles

Note: The following is an excerpt from the white paper "Will Self-Driving Vehicles Be a Reality by 2025?" by BIS Research, a global market intelligence, research, and advisory company that focuses on emerging technology trends that are likely to disrupt the market. The excerpt is a section titled "What Is Driving the Trend for Self-Driving Cars?" 

Topics: Transportation & Shipping Industry Insights

The Automotive Intelligent Lighting Industry: Key Insights & Statistics

According to a recent market intelligence report from BIS Research, the automotive intelligent lighting market was valued at $9.40 billion in 2017 and is expected to reach $15.08 billion by 2023, growing at a CAGR of 8.44% during the forecast period from 2018 to 2023.

Topics: Transportation & Shipping Heavy Industry

How Artificial Intelligence Can Build Sentient Supply Chains

Lack of visibility and transparency are considered some of the biggest challenges in the supply chain industry, at times causing disruptions and inventory imbalance.  These issues largely stem from an inability to store and make sense of the overwhelming amount of data scattered across different processes, sources, and systems.

Topics: Software & Enterprise Computing Transportation & Shipping Industry Insights

7 Key Stats to Know About the Automotive Aftermarket

The automotive aftermarket — the secondary market for vehicle parts used in repair and maintenance — encompasses everything from brake parts to filters to batteries. Automotive aftermarket companies include General Motors, Bosch, Standard Motor Products, Denso, Federal-Mogul, and CARDONE Industries, among others.

Topics: Transportation & Shipping Industry Insights The Freedonia Group

5 Top Trends in the Transportation Industry in 2018

The transportation industry is a vast ecosystem which covers everything related to the major modes of transport, namely, road, rail, marine, and air transport. This industry includes goods as well as passenger transport.

Topics: Transportation & Shipping Industry Insights Heavy Industry

6 Major Automotive Industry Trends That May Surprise You

The automotive industry has witnessed a drastic evolution post 2016 with many important advancements in technology. The old-fashioned four-wheeled cars, which were earlier equipped with basic features, have transformed into connected cars with advanced features such as cloud computing, big data, and the Internet of Things (IoT), among others.

Topics: Transportation & Shipping Industry Insights

5 Things to Know About the Automotive Regenerative Braking System Market

According to a new market research report by BIS Research titled Global Automotive Regenerative Braking System Market - Analysis and Forecast: 2017–2026, the global regenerative braking system (RBS) market is expected to reach a value of $24.52 billion by 2026.

Topics: Energy & Resources Transportation & Shipping Heavy Industry

The Global Trucking Industry and the Role of Artificial Intelligence

In its US Freight Transportation Forecast publication, the American Trucking Association (ATA) has estimated that freight transport in the US will grow to 20.73 billion tons by 2028, a growth of 36.6% from that of 2017 numbers (15.18 billion tons).

Topics: Software & Enterprise Computing Transportation & Shipping Industry Insights Heavy Industry