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Transportation, hardware, connectivity, solution, and geography are the major segments of the smart fleet management market. Automotive, rolling stack, and marine transportation are the three transportation segments. Tracking, optimization, ADAS, and remote diagnostics are subsets of the hardware segment.
Smart Fleet Management Market is expected to grow at a CAGR of 7.98% throughout the forecast period, to reach US$ 792.31 Bn. by 2029.
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The most important safety device in automobiles is the airbag. Increasing consumer demand for safety and stringent government policies drive up demand for vehicle airbags.
Automotive Airbag Market size was valued at US$ 11.62 Bn. in 2021 and the total revenue is expected to grow at 10.11 % through 2022 to 2029, Automotive Airbag Market is reaching nearly US$ 25.10 Bn. by 2029.
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COVID-19 had a negative impact on the dump truck market due to the strict lockdowns and social seclusion implemented to stop the virus's spread.
Dump Trucks Market was valued at US$ 8.28 Bn. in 2021. The Global Dump Trucks Market size is expected to grow at a CAGR of 7.1% through the forecast period.
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Governments in almost every country are concerned about pollution and high maintenance costs, so they are putting more emphasis on renewable energy resources, which is limiting the growth of the global steam turbine market.
Steam Turbine Market was valued at US$ 26.2 Bn in 2021. The Global Steam Turbine Market size is estimated to grow at a CAGR of 2.4% over the forecast period.
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Greenhouse Gas Emissions from the Transportation Sector in Canada - The Automotive Parts Manufacturers Association (APMA), a trade organisation representing Canadian auto part manufacturers, has embraced the electric vehicle trend.
Canada Electric Car Market reached was volume at 26700 thousand units. in 2020. Canada Electric Car Market size is estimated to grow at a CAGR of 20.2 %. The market is expected to reach a volume of 95670.93 thousand units in 2027.
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Telehandlers are lift trucks that are used to lift and transfer heavy materials such as crates, container goods, and other similar components over short distances.
Telehandler Market was worth US$ 6.74 Bn. in 2021 and total revenue is expected to grow at a rate of 14.9 % CAGR from 2022 to 2029, reaching almost US$ 20.48 Bn. in 2029
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