Autonomous Train Market Set to Reach $12.3 Billion by 2030

The overall autonomous train market is estimated to grow at a CAGR of 5.1% from 2022 to 2030, to reach 12.3 USD billion by 2030. Asia Pacific is projected to lead the autonomous train market during the forecast period, followed by Europe. PTC is estimated …

Automotive Wheels Aftermarket Size Forecast 2027

Automotive Wheels Aftermarket

The Automotive Wheels Aftermarket is projected to grow at a CAGR of 3.5% from USD 3.4 billion in 2022 to reach USD 4.1 billion by 2027. The growth of the automotive wheels aftermarket is influenced by factors such as accident rates, changing consumer preferences for stylish …

ADAS Market to Hit $65.1 Billion by 2030

ADAS Market

The global ADAS market is projected to grow from an estimated $30.9 billion in 2022 to $65.1 billion by 2030, registering a CAGR of 9.7% from 2022 to 2030. The demand for Advanced Driver Assistance Systems (ADAS) is increasing quickly due to the rise in …

Automotive Seats Market Analysis – Trends, Size, Share

Automotive Seats Market

The Automotive Seats Market is projected to grow from USD 51.5 billion in 2021 to USD 68.4 billion by 2030, at a CAGR of 3.2% during the forecast period. Growing demand for premium vehicles, rising adoption of powered seats in mid-segment cars & SUVs and …

Automotive Wheels Aftermarket Size | Industry Report 2027

Automotive Wheels Aftermarket

The global automotive wheels aftermarket is expected to show growth at a CAGR of 3.5% from USD 3.4 billion in 2022 to reach USD 4.1 billion by 2027. The continuous growth in the use of advanced materials and new compositions in wheels by manufacturers and …

Car Care Products Market Estimated to reach $4.8 billion by 2027

Car Care Products Market

The global car care products market is projected to grow at a CAGR of 1.9% during the forecast period, from an estimated USD 4.4 billion in 2022 to USD 4.8 billion by 2027. Increase in sale of used cars, use of e-commerce platforms by leading …

Electric Vehicle Charging Cable Market to Reach $2.45 Billion by 2027

EV Charging Cables Market

The global EV charging cables market is projected to grow at a CAGR of 29.8%, to reach USD 2,453 million by 2027 from an estimated USD 665 million in 2022. The market growth is driven factors such as increasing adoption of electric vehicles worldwide, rapid growing …

Automotive Lighting Market to Surpass $28.5 Billion by 2027

Automotive Lighting Market

According to a research report “Automotive Lighting Market for ICE & EV by Technology (Halogen, LED, Xenon/HID), Position & Application (Head, Side, Tail, Fog, DRL, CHMSL, Dashboard, Glovebox, Reading, Dome, Rear View Mirror), Adaptive Lighting, 2W and Region – Global Forecast to 2027″ published by MarketsandMarkets, the automotive …

Automotive Engineering Service Market Projected to reach $243.9 billion by 2028

Automotive Engineering Services Market

The global automotive engineering services market is projected to grow from an estimated USD 153.2 billion in 2022 to USD 243.9 billion by 2028, registering a CAGR of 8.1%. The growing demand of zero-emission vehicles, advancements in technologies such as ADAS, battery management, connectivity, among …

Automotive Wheels Aftermarket Size | Industry Report 2027

Automotive Wheels Aftermarket

The Automotive Wheels Aftermarket is projected to grow at a CAGR of 3.5% from USD 3.4 billion in 2022 to reach USD 4.1 billion by 2027. The growth of the automotive wheels aftermarket is influenced by factors such as accident rates, changing consumer preferences for stylish …

Semi-Trailer Market Projected to reach $41.2 billion by 2025

Semi-Trailer Market

The global semi-trailer market was valued at USD 29.5 billion in 2020 and is projected to reach USD 41.2 billion by 2025, growing at a CAGR of 5.6% during the forecast period. Road transportation is a widely utilized mode of transportation of goods because of …

Connected Car Market Projected to reach $56.3 billion by 2026

Connected Car Market

The connected car market is estimated to grow from USD 23.6 billion in 2021 to reach USD 56.3 billion by 2026, at a CAGR of 19.0%. Factors such as the rollout of stringent safety regulations, growing sales of high-end luxury cars, development of 5G infrastructure, …

Battery Swapping Market Projected to reach $11.8 billion by 2027

Battery Swapping Market

The battery swapping market is projected to grow from USD 1.7 billion in 2022 to USD 11.8 billion by 2027, at a CAGR of 46.9% during the forecast period. Increased demand for efficient, long-range, and low-emission vehicles is expected to boost the battery swapping market. …

V2X Cybersecurity Market Projected to reach $3.2 billion by 2028

V2X Cybersecurity Market

The global V2X cybersecurity market was valued at USD 1.2 billion in 2022 and expected to reach USD 3.2 billion by 2028 and grow at a CAGR of 18.1% over the forecast period (2022 – 2028). Factors such as increasing cyberattacks on vehicles, along with …