Posts

Showing posts from July, 2024

Connected Ship Market is Predicted to Grow At More Than 5% CAGR till 2032

  Connected Ship Market may reach USD 10.7 billion in revenue by 2032 . The market growth is driven by rapid advancements in digitalization and the integration of Internet of Things (IoT) technologies within the maritime industry. Of late, fleets are receiving advanced sensors, communication systems and data analytics tools to improve operational efficiency, safety and decision making. For example, in April 2022, The Port of Antwerp introduced a new service for monitoring cargo temperature conditions in collaboration with logistics partners including Foodcareplus, Dockflow, and TrakAssure for providing alerts for shippers and 3PLs. This technology enables real-time monitoring of vessel functions, such as engine performance, fuel consumption and progress, resulting in efficiencies and reduced operating costs. Request for Sample Copy report @     https://www.gminsights.com/request-sample/detail/8640 The growing emphasis on environmental sustainability and the need to...

Autonomous Vehicle Market Share, Trend & Growth Forecast to 2032

Autonomous Vehicle Market size is estimated to be valued at USD 6.1 trillion by the end of 2032. The rising advancements in AI and machine learning technologies for enhancing vehicle safety and performance will drive the market growth. The increasing investments by automotive and tech companies in autonomous driving R&D activities has made way for supportive government policies and regulations. The strong demand for efficient, safe, and convenient transportation solutions is further accelerating the interest in autonomous vehicles. As per data from the National Highway Traffic Safety Administration, in 2022, approximately, 289,310 people were injured in crashes due to distracted drivers. The potential for reducing traffic accidents and congestion, along with lower operational costs for ridesharing and logistics companies is boosting the appeal of these vehicles. The rising environmental concerns and the push for sustainable transport solutions is facilitating the development an...

Automotive Garage Equipment Market Growth Potential & Forecast, 2032

  Automotive Garage Equipment Market is projected to accrue USD 13.5 billion by 2032. The rising global vehicle population and the increasing demand for regular vehicle maintenance and repair services will favor the market growth. As per International Energy Agency (IEA), in 2023, nearly 14 million new electric cars were registered worldwide, increasing the total number of electric vehicles on the roads to 40 million. With more people owning and using cars, the need for efficient and well-equipped automotive garages is growing correspondingly. Rapid advancement of automotive technologies, including electric and hybrid vehicles is also necessitating specialized garage equipment for servicing and repairs. As the automotive industry evolves, garage manufacturers are eyeing innovations to meet the specific needs of these new types of vehicles. Government regulations and standards regarding emissions and safety are becoming increasingly stringent, making way for advanced equipment fo...