🚗 Overview: The Smart Mobility Market
The global Smart Mobility Market is experiencing rapid growth, driven by the need for efficient, sustainable, and technology-driven transportation solutions. As urban populations swell and environmental concerns intensify, cities worldwide are adopting smart mobility solutions to address traffic congestion, reduce emissions, and enhance the overall...
As per MRFR analysis, the Motor Vehicle Market Size was estimated at 2,377.62 (USD Billion) in 2023.The Motor Vehicle Market Industry is expected to grow from 2,424.22(USD Billion) in 2024 to 3,000 (USD Billion) by 2035. The Motor Vehicle Market CAGR (growth rate) is expected to be around 1.96% during the forecast period (2025 - 2035). As the automotive industry continues to evolve,...
The Smart Mobility Industry is rapidly transforming as OEMs, tech firms, mobility service providers, and infrastructure developers converge to enable smarter transport. Companies are investing in IoT, AI, cloud platforms, and telecommunications to support connected vehicles and mobility ecosystems. The industry is adopting more solutions for ride-sharing, traffic management, smart parking, and...
Overview
The Electric Steering Market is experiencing substantial growth, driven by the global shift toward Electric Power Steering (EPS), Steer-by-Wire (SBW) systems, and the rise of connected and autonomous vehicles. Traditional hydraulic steering systems are gradually being replaced by electric solutions that offer improved fuel efficiency, reduced emissions, and enhanced driver comfort.
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"Comprehensive Outlook on Executive Summary Smart Transportation Market Size and Share
The global smart transportation market size was valued at USD 143.97 million in 2024 and is expected to reach USD 334.19 million by 2032, at a CAGR of 11.10% during the forecast period
This competitive era calls for businesses to be equipped with knowhow of the major happenings...
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