The automotive and transportation industry is a vital component of the global economy, facilitating the movement of people and goods around the world. In recent years, the industry has undergone significant technological advancements, with the development of electric vehicles, autonomous driving, and connected cars. These innovations have the potential to revolutionize the way we think about transportation, making it more efficient, environmentally friendly, and safer.
However, the industry also faces significant challenges, including concerns around climate change and air pollution, increasing demand for sustainable transportation options, and the need for more affordable and accessible transportation solutions. As a result, many companies are investing heavily in research and development to create sustainable, low-emission vehicles and improve the efficiency of existing transportation systems.
Overall, the automotive and transportation industry plays a crucial role in shaping the future of our world. By embracing new technologies and working together to address the industry's challenges, we can create a safer, more sustainable, and more efficient transportation system for generations to come.
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Motorcycles represent a lifestyle and freedom on the road. Motorcycles are especially convenient when travelling short distances; these attributes are expected to boost the global motorcycle market. M...
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The global adventure motorcycle market is expected to grow at a CAGR of 8.7% during the period 2023-2028. The market is expected to be driven by increased participation in sports and adventure activit...
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The global electric cargo bikes market attained a value of USD 1,455.8 million in 2021, driven by the rising environmental consciousness worldwide. Aided by the growing technological advancements, the...
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The global motorcycle sidecars market witnessed a healthy growth in the historical period of 2018-2022. The market is expected to grow at a CAGR of 6% in the forecast period of 2023-2028 to reach a vo...
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The global three-wheeled motorcycle market is further expected to grow at a CAGR of 12% in the forecast period of 2023-2028.
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The global bicycle market attain a value of USD 56.99 billion in 2022. The market is expected to grow at a CAGR of 6.5% in the forecast period of 2023-2028 to reach a value of USD 83.16 billion by 202...
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The global folding electric bicycle market has been driven by the rising preference for hazard-free and environment-friendly vehicles. Aided by the low-interest credits offered by the financial instit...