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Market Insight:

Low voltage chargers are used to charge, recondition, and/or maintain 12-24V starting, lighting, ignition, and service batteries (SLI and SB). These batteries are utilised not just in automobiles, but also in motorbikes, leisure boats, and recreational vehicles.

The market would expand in the approaching years due to increased demand for electri ..

Market Insight: 

According to the International Organization of Motor Vehicle Manufacturers, light vehicles include passenger automobiles and light commercial vehicles. Due to the growing acceptance of electric vehicles and advancements in modern metal alloys, there has been an increase in demand for light vehicle production in recent years resulting from the au ..

The U.S. automotive aftermarket is expected to record a value of US$479.25 billion in 2027, growing at a CAGR of 3.08%, for the duration spanning 2023-2027. The factors such as growth in automotive production, upsurge in used car sales, rising number of smartphone users, acceleration in electric vehicle sales and rapid urbanization would drive the growth of the market. However, the market growt ..

The global automotive connector market recorded a value of US$103.92 billion, growing at a CAGR of 12.70%, for the time period of 2023-2027. Factors such as accelerating sales of autonomous cars, growing digital ad spending in automotive industry, upsurge in millennial population, rising developments in Europe connector market, surging urbanization and increase in safety concerns among consumer ..

Europe used car market is predicted to reach US$1,025.2 billion in 2026, progressing at a CAGR of 5.27%, over the period 2022-2026. Factors such as growing population, increasing car ownership, expanding urbanization, mounting penetration of internet and high depreciation rate of new cars would drive the growth of the market. However, the market growth would be challenged by fluctuating prices ..

Heavy duty trucks constitute an essential part of the trucking industry. Heavy duty trucks throughout the world are responsible for the majority of freight movement over land and are vital tools in the construction, manufa ..

Forklift trucks are small industrial vehicles with power operated forked platform attached at the front that can be raised and lowered for insertion under a cargo to lift or move it. Forklifts are used in various industrie ..