Advanced Tires Market Projected to Reach $3.2 Billion by 2030

Advanced Tires Market

The advanced tires market 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 growth of the advanced tires market is influenced by factors such as growing consumer …

Automotive Hypervisor Market Size, Share, Growth, Report, Forecast 2027

Automotive Hypervisor Market

The automotive hypervisor market is projected to grow at a CAGR of 27.0% from 2022 to 2027, to reach USD 566 million by 2027 from USD 171 million in 2022. The basic objective of the hypervisor is to create an abstraction of various automotive functions …

Weigh-In-Motion System Market Size, Share, Trends, Report 2027

Weigh-In-Motion System Market

The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period. Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) is boosting the growth of …

Automotive Steering System Market Size, Share, Trends, Growth, Forecast 2027

Automotive Steering System Market

The Automotive Steering System market is projected to grow from USD 35.3 billion in 2022 to USD 39.5 billion by 2027, at a CAGR of 2.3% over the forecast period. The rapid adoption of Electric Vehicles (EVs) worldwide creates a huge demand for Electrical Power …

Motor Lamination Market Size, Share, Industry Forecast, Report 2027

Motor Lamination Market

The motor lamination market is estimated to grow from USD 21.9 billion in 2022 to reach USD 27.6 billion by 2027 at a CAGR of 4.7% over the forecast period. The growing demand for fuel-efficient and safe vehicles will require addition of accessories primarily driven …

Connected Rail Market Surge to Reach $124.5 Billion by 2027

Connected Rail Market

The global connected rail market size is projected to grow from USD 94.6 billion in 2022 to reach USD 124.5 billion by 2027, at a CAGR of 5.6%.The major factors behind the growth of rail systems & services market is the continuous need for safety …

Electric Scooter and Motorcycle Market Projected to Reach $14.7 Billion by 2028

Electric Scooter and Motorcycle Market

The global electric scooter and motorcycle market, by value, is estimated to be USD 4.9 billion in 2023 and is projected to reach USD 14.7 billion by 2028, at a CAGR of 24.8% from 2023 to 2028. The market for electric scooters and motorcycles is …

Construction Equipment Market Set to Reach $194.7 Billion by 2030

Construction Equipment Market

The construction equipment market is projected to grow from USD 149.7 billion in 2023 to USD 194.7 billion by 2030, at a CAGR of 3.8%. The construction equipment rental business is picking up steam and seems to be having a positive impact on the global …

EV Charging Cable Market Estimated to Reach $3.9 billion by 2030

EV Charging Cable Market

The global EV charging cable market is projected to grow from USD 1.3 billion in 2023 to USD 3.9 billion by 2030, registering a CAGR of 16.7%. With environmental concerns at the forefront of collective consciousness and the increasing popularity of electric vehicles, the demand …

Automotive Pumps Market Projected to reach $18.0 billion by 2027

Automotive Pumps Market

The global automotive pumps market is projected to grow at a CAGR of 4.1% during the forecast period, to reach USD 18.0 billion by 2027 from an estimated USD 14.8 billion in 2022. The major factors driving the growth of the market are fluctuating fuel …

Automotive Lightweighting Market Size, Share, Analysis, Report 2027

Automotive Lightweighting Market

The automotive lightweighting market is projected to grow from USD 73.9 billion in 2022 to USD 101.5 billion by 2027, at a CAGR of 6.5% during the forecast period. Increasing demand of lightweight materials in the vehicles is due to increased safety components, incorporating batteries …

Automotive Shielding Market Projected to Reach $24.7 billion by 2025

Automotive Engine Management System Market

The global automotive shielding market size is projected to grow from USD 20.2 billion in 2020 to USD 24.7 billion by 2025, at a CAGR of 4.1%. Compliance towards fuel efficiency standards and the adoption of electronics-based driving comfort & safety systems will drive the …

Solid-State Car Battery Market Surge to 661,724 units by 2030

Solid-State Car Battery Market

The global solid-state car battery market size is projected to grow from 27,070 units in 2025 to 661,724 units by 2030, at a CAGR of 89.5%. Automotive companies are investing huge amounts in research and testing of solid-state battery technology. The ongoing trend of growing …

SUV Market Share, Trends, Growth, Demand, Forecast 2027

SUV Market

The SUV Market is projected to reach USD 1221.7 billion by 2027 from  USD 885.8 billion in 2022, at a CAGR of 6.6%. Rising demand for comfort and advanced automatic safety features will drive the SUV market With the rising increase in global vehicle sales, …