The advanced tires market size is projected to reach USD 3.2 billion by 2030 from an estimated USD 1.3 billion in 2023, at a CAGR of 14.4% from 2023 to 2030. The market is projected to expand due to consumers placing an increasing emphasis on …
The global wireless charging market for electric vehicles is projected to grow from USD 15 million in 2022 to USD 377 million by 2027, at a CAGR of 88.4%. Factors such as rising sales of electric vehicles around the world, along with the increasing inclination …
The global automotive V2X market is projected to grow from USD 2.6 billion in 2022 to USD 19.5 billion by 2028, at a CAGR of 39.7%. Factors such as developments in connected car technology, paired with increasing focus towards traffic safety are expected to augment revenues for …
The electric vehicle market size is projected to grow from 8,151 thousand units in 2022 to reach 39,208 thousand units by 2030, at a CAGR of 21.7%. Factors such as growing demand zero emissions commuting and governments supporting low emission vehicles through subsidies & tax …
The automotive fuse market, by value, is projected to grow at a CAGR of 2.0% from 2022 to 2027, to reach USD 28.4 billion by 2027 from USD 25.7 billion in 2022. The market for automotive fuse is increasing due to factors such as rising …
The global electric bus market is projected to grow at a CAGR of 41.7% during the forecast period, from an estimated market size of USD 58.9 billion in 2023 to USD 678.3 billion by 2030. The market is driven by factors such as demand for …
The Automotive Interior Market is projected to reach USD 201.2 billion by 2027 from USD 153.5 billion in 2022, at a CAGR of 5.6% during the forecast period. Technological advancements in current generation automotive interior components Increasing customer preference for convenience, premium features, and advanced …
Autonomous / Self-driving Cars Market was valued at $20.3 Million in 2021, and it is expected to reach $62.4 Million by 2030, at a CAGR of 13.3% during the forecast period 2021-2030. Safety features are an important prerequisite for automotive customers across the world. Governments across …
The global automotive transmission market size accounted for $59.9 billion in 2022 and is estimated to achieve a market size of $80.0 billion by 2027, at a CAGR of 6.2 % during the forecast period 2022-2027. CVT, by Number of forward gears, is estimated to …
The global automotive LiDAR market was valued at USD 555 million in 2022 and expected to reach USD 8,611 million by 2030 and grow at a CAGR of 40.9% over the forecast period (2022 – 2030). Factors such as increasing sales of high-end vehicles, along …
The automotive telematics market was valued at USD 8.8 billion in 2022 and is expected to reach USD 15.5 billion by 2027, at a CAGR of 12.1% during the forecast period 2022 to 2027. An increase in efforts by the government for developing an intelligent …
The global automotive fuel cell market is projected to grow from 25 thousand units in 2022 to 724 thousand units by 2030, registering a CAGR of 52.4%. Fuel cell operated vehicles such as buses, LCVs, passenger cars, and trucks, were mapped as part of this …
The fuel tank market for automotive is projected to reach USD 21.3 billion by 2026 from an estimated USD 16.6 billion in 2021, at a CAGR of 5.1% during the forecast period. The growth of the fuel tank market for automotive is influenced by a …
The global EV battery market is projected to grow at a CAGR of 19.0% from USD 56.4 billion in 2022 to USD 134.6 billion by 2027. The growth of the EV battery market can be attributed to the increasing demand of electric vehicles, improvement in …