The global stair lift market is booming, driven by a growing aging population and increased focus on accessibility for individuals with mobility challenges. This report by Fact.MR reveals key trends, market size projections, and leading players driving innovation in this vital sector.
The global on-demand transportation market is experiencing a rapid surge, driven by factors like increasing smartphone usage, the convenience of app-based services, and the growing need for alternatives to traditional transportation. Ride-sharing is a key driver, with the market projected to reach US$ 287.6 billion by 2031. Asia Pacific is leading the charge, with a surge in app-based ride-hailing and a supportive regulatory environment.
The American Center for Mobility (ACM) has partnered with Michigan Technological University (Michigan Tech) to provide engineering services at its 500-acre proving ground in Ypsilanti, Michigan. This partnership will leverage Michigan Tech’s expertise in sustainable vehicle technologies and advanced mobility solutions to enhance ACM’s capabilities and drive innovation in the mobility sector.
The American Center for Mobility (ACM) has partnered with Michigan Technological University (Michigan Tech) to provide engineering services at its proving ground in Ypsilanti, Michigan. The partnership leverages Michigan Tech’s expertise in sustainable vehicle technologies and advanced mobility solutions to accelerate the development of safe, sustainable, and secure mobility technologies.
Alstom, a global leader in sustainable mobility solutions, has completed the sale of its North American conventional signalling business to Knorr-Bremse AG. This move is a key part of Alstom’s strategy to strengthen its financial position and ensure long-term stability. Despite the sale, Alstom remains committed to the North American market, continuing to provide advanced signalling solutions and investing in local manufacturing and technological innovation.
On September 5th, Benzinga hosts AutoRevolution: The Future of Mobility and EVs, bringing together leading industry voices to discuss the transformative changes happening in the automotive sector. Attendees will gain insights from experts on investment strategies, technological advancements, and the economic forces shaping the future of transportation.
The global motorized quadricycle market is experiencing rapid growth, driven by increasing demand for versatile and efficient transportation solutions. These four-wheeled vehicles offer a unique combination of stability and maneuverability, catering to diverse needs in urban environments, businesses, and tourism. The market is projected to reach a valuation of US$ 4.76 billion by 2034, with significant growth anticipated in North America and East Asia.
Uber and General Motors’ Cruise have announced a multi-year partnership to integrate Cruise’s autonomous vehicles into the Uber platform. The collaboration aims to launch next year with Chevy Bolt-based autonomous vehicles, offering riders the option to choose self-driving rides. Both companies see the partnership as a significant step towards making autonomous technology accessible and safe for consumers worldwide.
Waymo, the autonomous vehicle subsidiary of Alphabet, has reached a significant milestone with its robotaxis completing over 50,000 paid trips monthly in San Francisco, Phoenix, and Los Angeles. This achievement reflects the increasing adoption of autonomous technology in the mobility sector, as passengers embrace the convenience and safety of driverless transportation.
The Prosthetic Robot Arm market is poised for significant growth due to advancements in Robotics, Artificial Intelligence, and 3D Printing technology. These technologies enable the production of customized Prosthetic Arms for amputees and individuals with chronic diseases or congenital conditions. The market is driven by the increasing demand for advanced assistive devices, with three-dimensional printing technology and the need for more functional and cosmetically appealing limbs being key factors.
