The automotive VVT & start-stop system market is projected to grow at a CAGR of 5.7%, reaching USD 58.8 billion by 2027 from USD 42.3 billion from 2021. Some of the major factors responsible for the growth of the VVT & start-stop system market are …
The Sensor Fusion Market for Automotiveis projected to reach USD 22.2 billion by 2030 from an estimated USD 2.9 billion in 2021, at a CAGR of 25.4% during the forecast period. The growth of the sensor fusion market for automotive is influenced by a major …
The global automotive solenoid market is estimated to be USD 4.3 billion in 2021 and is projected to grow at a CAGR of 7.3%, to reach USD 6.2 billion by 2026. The growth of this market is fueled by rising automation in vehicles and increased …
The Railway Cybersecurity Market is estimated to be USD 6.2 billion in 2021 and is projected to grow at a CAGR of 9.4% during the forecast period, to reach USD 10.6 billion by 2027. Various countries have realized that the development of railway infrastructure is …
The global electric bus market is expected to grow from USD 58.9 million in 2023 to USD 678.3 billion by 2030. The increasing demand for electric buses is driven by various factors, including government initiatives and subsidies for electric vehicle adoption, advancements in battery technology, …
The global automotive conformal coatings market post-COVID-19 is projected to reach USD 2.7 billion by 2025 from USD 1.8 billion in 2020, at a CAGR of 8.7%. The growth of this market is primarily driven by the increasing automotive electronics in vehicles and various technological …
The global ride-sharing market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026. Increasing the daily commute of passengers for short-distance city travel, constantly increasing fuel prices, …
The Semi-Trailer Market is estimated to be USD 29.5 billion in 2020 and is projected to grow to USD 41.2 billion by 2025, at a CAGR of 5.6% during the forecast period. The semi-trailer market is primarily driven by the ever-growing need for improved transportation …
The Driving Simulator Market is projected to grow at a CAGR of 7.2% from USD 1.5 billion in 2020 to USD 2.1 billion by 2025. The growth of the driving simulator market can be attributed to the increasing demand of skilled drivers due to high …
The global automotive turbocharger market is projected to reach USD 22.2 billion by 2028 from USD 15.0 billion in 2023, at a CAGR of 8.1%. The growth in the automotive turbocharger industry is mainly driven by stringent emission regulations with reduced emission limits & increased …
The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%. The growing demand of safer, efficient and fuel efficient mobility alternative is expected to drive the demand for automotive …
The Asia Pacific Electric Three-Wheeler Market is projected to grow from USD 813 million in 2023 to USD 892 million by 2028, registering a CAGR of 1.9%. Due to several factors, the electric three-wheeler market is gaining popularity in the Asia Pacific region. Firstly, electric …
The micromotor market is projected to grow from USD 44.8 billion in 2023 to USD 68.3 billion by 2028, at a CAGR of 8.8% during the forecast period. Micromotors have wide applications in automotives, medical equipment, agriculture equipment system, aircraft systems, industrial automation processes, etc. …
The e-Bike market size is projected to reach USD 80.6 billion by 2027 from an estimated USD 49.7 billion in 2022, at a CAGR of 10.2% from 2022 to 2027. With the growth in automotive industry, there has been rise in the air pollution. To …