The India connected car market is estimated to be USD 9.8 billion in 2019 and is projected to reach USD 32.5 billion by 2025, at a compound annual growth rate (CAGR) of 22.2% during the forecast period. Increase in government mandates supporting connected technology in …
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 headlight control module market is estimated to be USD 3.6 billion in 2019 and is projected to reach USD 5.0 billion by 2027, at a CAGR of 4.3%. Rising disposable income has resulted in an increase in consumer spending capability to purchase premium vehicles, …
The Mining Remanufacturing Components Market is projected to grow at a CAGR of 3.5% during the forecast period, to reach a market size of USD 5.0 billion by 2027 from USD 3.8 billion in 2019. Mining equipment is projected to experience the fastest demand for …
The integrated vehicle health management market is projected to grow at a CAGR of 12.0% during the forecast period, to reach USD 28.0 billion by 2027 from an estimated USD 11.3 billion in 2019. Asia Pacific to be the largest market for integrated vehicle health …
Global Solar Vehicle Market is projected to grow at a CAGR of 36.4% from 8,955 units in 2022 to reach 107,380 units by 2030. Rest of the World (RoW): Brazil is expected to be the fastest growing country in the Rest of the World region …
The Micro-Mobility Market is estimated to grow from USD 3.4 billion in 2022 to USD 6.1 billion by 2027 at a CAGR of 12.5% over the forecast period. Developing connected and telematics technologies, opportunities for service providers in untapped markets, and electric two-wheeler & component …
The Electric Utility Vehicle Market is projected to grow from USD 18.9 billion in 2022 to USD 23.9 billion by 2027, registering a CAGR of 4.8%. The growing electrification of utility vehicles, increased charging density, flourishing logistics & warehousing industry, and rising commercial transport are …
The blind spot monitor market is projected to grow from USD 10.6 billion in 2019 to reach USD 28.6 billion by 2027, at a CAGR of 13.2% during the forecast period. Introduction of stringent government programs pertaining to vehicle safety, rising consumer demand for active …
The global vehicle access control market is projected to grow from USD 10.8 billion in 2020 to reach USD 22.6 billion by 2027, at a CAGR of 11.2%. The growth of the vehicle access control market is influenced by the rising demand for security & …
The global trailer assist system market is projected to grow from USD 82 million in 2019 to reach USD 182 million by 2027, at a CAGR of 10.5% during the forecast period. The growth of trailer assist system market is influenced by factors such as …
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 …
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 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 …