Market Research Reports

  Market Overview The global recreational boating market is projected to expand from USD 28.71 billion in 2025 to USD 36.82 billion by 2030, reflecting a compound annual growth rate (CAGR) of 5.1% during the forecast period. This growth is primarily driven by increasing participation in water-based leisure activities, technological advancements in boat manufacturing, and a rising preference for sustainable boating options. Key Trends Technological Advancements in Boat Design and Functionality Innovations such as smart navigation systems, integrated IoT devices, and electric propulsion are enhancing the boating experience, making it more convenient and eco-friendly. Surge in Watersports and Fishing Activities An increasing number of individuals are engaging in watersports and fishing, driving demand for specialized recreational boats tailored to these activities. Shift Towards Sustainable Boating Solutions The adoption of electric and hybrid-powered boats is on the rise, aligning wi...

The automotive lighting market size is projected to increase from USD 37.32 billion in 2025 to USD 51.26 billion by 2030, growing at a compound annual growth rate (CAGR) of 6.55% during the forecast period. Market Overview: The automotive lighting market is evolving rapidly, driven by growing emphasis on road safety, energy efficiency, and vehicle aesthetics. As automakers continue to embrace electric vehicles and advanced driver assistance systems (ADAS), lighting solutions have become more integrated, intelligent, and design-forward. The shift toward LED and laser technologies, coupled with increasing regulatory focus on visibility standards, is transforming how lighting is used across vehicle categories. From headlights to ambient interior lighting, the automotive lighting industry is experiencing robust innovation and investment from both OEMs and Tier-1 suppliers. Key Trends: Widespread Adoption of LED Technology  LED lights are becoming the standard across vehicle segments du...

 The forklift trucks market size is projected to grow from USD 59.79 billion in 2025 to USD 70.87 billion by 2030, registering a compound annual growth rate (CAGR) of 3.46% during the forecast period. Market Overview: The forklift market is witnessing consistent growth driven by rising demand in warehousing, construction, and manufacturing industries. As global trade volumes increase and e-commerce continues to expand, the need for efficient material handling solutions is higher than ever. Forklift companies are investing heavily in electric and autonomous models to cater to sustainability goals and reduce operational costs. The global forklift market is also benefitting from government initiatives supporting industrial automation and logistics infrastructure upgrades, especially in emerging economies. These changes are significantly impacting the forklift market size and transforming the forklift industry landscape. Key Trends: Shift Toward Electric and Hybrid Forklifts E...

 The  automotive wheel market size  is projected to reach USD 55.36 billion by 2030, rising from USD 40.41 billion in 2025, registering a steady CAGR of 6.5% during the 2025–2030 forecast period. Market Overview: The  automotive wheel market  is undergoing significant transformation, driven by increasing consumer preference for lightweight and fuel-efficient vehicles, rapid urbanization, and the global push toward electrification. Wheels, being a critical component for both performance and aesthetics, are now at the center of OEM innovation and aftermarket customization. As manufacturers focus on sustainability and weight reduction, alloy and carbon fiber wheels are gaining notable traction. The market is experiencing healthy growth across Asia-Pacific, North America, and Europe, with OEMs and aftermarket players continuously upgrading design, material, and functionality. Key Trends: Shift Toward Lightweight Materials The surge in demand for...

 The Recreational Vehicle Market is projected to grow from USD 35.94 billion in 2025 to USD 53.17 billion by 2030, reflecting a robust CAGR of 8.15% during the forecast period. Market Overview: The recreational vehicle market has witnessed significant growth in recent years, with a rise in demand for motorhomes, campers, and other RV types. The shift in consumer preferences toward outdoor recreation and the increased interest in traveling comfortably while maintaining social distancing has contributed to this upward trend. RV companies are introducing innovative models that cater to various consumer needs, ensuring the RV industry is well-poised for future expansion. As a result, the recreational vehicle market is expected to continue its upward trajectory, with an estimated market value reaching USD 53.17 billion by 2030. Key Trends: Rising Demand for Motorhomes : The growing demand for motor homes is most likely caused by an increasing desire for comfort and convenience during ...

The India Used Car Market is projected to grow from USD 36.39 billion in 2025 to USD 73.52 billion by 2030, at a robust CAGR of 15.1% during the forecast period (2025-2030). Market Overview The India used car market is experiencing significant growth driven by changing consumer preferences, rising disposable incomes, and the growing availability of financing options. As more buyers look for affordable alternatives to new cars, the second-hand car market in India has emerged as a lucrative opportunity for both buyers and sellers. The increasing shift toward digital platforms for buying and selling pre-owned cars has further accelerated the market's growth. With an expected market size reaching USD 73.52 billion by 2030, the used car industry in India shows immense potential. Key Trends Digitization and Online Platforms : The rise of online platforms like OLX Autos, Cars24, and others has simplified the process of buying and selling used cars, expanding the reach of the market. ...

 The car rental market is projected to grow from USD 146.30 billion in 2025 to approximately USD 243.76 billion by 2030, registering a compound annual growth rate (CAGR) of over 10.75% during the forecast period of 2025 to 2030. Market Overview The car rental industry is experiencing a dynamic shift, driven by evolving consumer preferences, tourism recovery, and tech-enabled service models. Both the short term car rental market and long term car rental market are gaining traction, particularly in urban areas and tourist hotspots. Companies are focusing on flexible rental models and improving customer convenience, fueling strong demand in the car rental services market. The growth of the car rental and leasing services market is also being influenced by increased mobility needs, changing work patterns, and demand for affordable transportation alternatives. Key Trends in the Car Rental Industry 1. Rise of Self-Drive Rental Services The self drive car rental market is expanding ...

The aviation industry is projected to grow from USD 343.54 billion in 2025 to USD 395.76 billion by 2030, registering a compound annual growth rate (CAGR) of 2.87% during the forecast period of 2025 to 2030. Market Overview The global aviation industry is a vital part of the transportation sector, playing a critical role in global trade, tourism, and connectivity. As consumer demand for air travel rebounds post-pandemic and commercial fleets undergo modernization, the aviation market is undergoing transformative shifts. Emerging markets, technological innovation, and sustainability efforts are reshaping the aviation industry outlook, contributing to measurable aviation industry growth worldwide. Key Trends in the Aviation Industry Rise of Sustainable Aviation Fuel (SAF) One of the leading aviation industry trends is the growing emphasis on sustainability. Major aviation industry companies are investing in SAF to reduce carbon emissions, in line with international environmental goals. D...