GIS2025

  Rubber Tracks for Defense & Security Market   is growing steadily as countries modernize their military vehicles and increase defense spending. The market was valued at  $2.5 billion in 2024  and is expected to reach  $4.3 billion by 2034 , growing at a  CAGR of 5.6% . Rubber tracks are widely used in military vehicles because they are durable, quieter, and create less ground pressure than traditional metal tracks. These features help vehicles move more smoothly across difficult terrains while reducing noise and improving mobility. Because of these benefits, rubber tracks are increasingly used in armored vehicles, unmanned ground vehicles (UGVs), and reconnaissance systems. As defense forces focus on faster, more agile, and stealth-ready equipment, rubber track systems are becoming an important part of next-generation military mobility. Rising geopolitical tensions and ongoing military modernization programs are also driving demand for these systems. ...

  Robotaxi Market  is growing rapidly as self-driving technology becomes more advanced and practical. The market was valued at  $2.83 billion in 2024  and is expected to reach  $251.42 billion by 2034 , expanding at a very high  CAGR of 56.6% . Robotaxis are autonomous taxis that use artificial intelligence, sensors, and smart mobility platforms to operate without a human driver. They are designed to make urban transportation more efficient, reduce traffic congestion, lower emissions, and provide affordable travel options for people. Many automotive companies, technology firms, and mobility service providers are investing heavily in robotaxi development. Both fully autonomous and semi-autonomous systems are being tested and launched in different regions. Growing urban populations and the need for smarter transportation solutions are also increasing demand for these services. Supportive government policies, improvements in AI, and advancements in sensor tech...

  Rail Wheel Market  is growing steadily as countries invest in better railway systems and stronger freight networks. The market is expected to increase from  $3.5 billion in 2024  to  $5.9 billion by 2034 , growing at a  CAGR of 5.4% . Rail wheels are essential parts of trains, freight wagons, trams, and metro systems. They must be strong, durable, and safe to ensure smooth and reliable rail operations. The market includes different types of wheels such as  monoblock, tyred, and resilient wheels , which are made using casting or forging methods. These wheels are usually produced from materials like steel, alloys, and sometimes advanced composites. Growth in the market is driven by the modernization of railway infrastructure, expansion of high-speed rail, and increasing demand for efficient freight transportation. Rapid urbanization and the need for sustainable transport options are also encouraging governments and private players to invest more in rai...