The electric motor market size was valued at USD 167.73 billion in 2024 and is expected to hit around USD 341.72 billion by 2034, growing at a CAGR of 7.38% from 2025 to 2034.| www.precedenceresearch.com
The commercial vehicles market size is estimated to surpass around USD 910.05 billion by 2034, increasing from USD 553.65 billion in 2024, at a CAGR of 5.20%.| www.precedenceresearch.com
The semiconductor market was estimated to be worth USD 544.78 billion in 2023, and with a CAGR of 7.64%, it is predicted to grow to USD 1,137.57 billion by 2033.| www.precedenceresearch.com
The global artificial intelligence (AI) market size was calculated at USD 638.23 billion in 2025 and is projected to hit around USD 3,680.47 billion by 2034 with a a CAGR of 19.20%.| www.precedenceresearch.com