The global electric vehicle communication controller market is projected to grow from USD 55 million in 2019 to USD 563 million by 2027, at a CAGR of 33.8%. Wireless (inductive) charging segment to grow faster than wired charging The wireless charging segment is expected to …
The report “Automotive Heat Shield Market by Application (Engine, Exhaust, Under Bonnet, Under Chassis, Turbocharger), Product (Single Shell, Double Shell, Sandwich), Function (Acoustic, Non-Acoustic), Material, Vehicle Type, EV, and Region – Global Forecast to 2025″, The global automotive heat shield market is projected to reach USD 13.9 …
The global automated parking system market was estimated to be worth $1.3 billion in 2019 and is expected to reach $3.6 billion by 2027, growing at a CAGR of 13.1% from 2019 to 2027. The key drivers for the market are the increasing number of …
The global vehicle control unit market is projected to grow from USD 2.9 billion in 2019 to reach USD 10.4 billion by 2027, at a CAGR of 17.1%. The growth of the vehicle control unit market can be attributed to the growing adoption rate of …
The report “Automotive Transmission Market by Transmission Type (Manual Transmission, Automatic Transmission, CVT, DCT, AMT), Fuel Type, Vehicle Type, Hybrid Vehicle, Two-Wheeler Transmission, Number of Forward Gears and Region – Global Forecast to 2027″, is projected to reach USD 80.8 billion by 2027 from USD 59.9 billion …
The commercial vehicle & off-highway radar market is projected to grow at a CAGR of 27.4% during the forecast period, to reach USD 831 million by 2027 from an estimated USD 153 million in 2020. The demand for autonomous and safety features, real-time data monitoring, …
The ADAS market is projected to grow from USD 30.9 billion in 2022 to USD 65.1 billion by 2030, registering a CAGR of 9.7%. The demand for Advanced Driver Assistance Systems (ADAS) is increasing quickly due to the rise in traffic accidents on a global …
Battery swapping is one of the most promising charging concepts being adopted in the EV sector to address the concerns related to conventional charging infrastructure. This includes replacing the depleted battery from the vehicle with a fully charged one. Since there is no charging involved …
Stringent emissions regulations have shifted the global focus on electric vehicles, resulted in an exponential growth of these vehicles in recent years. According to IEA publication, though car sales dropped by ~16% during the pandemic, electric vehicle sales increased by 41%. According to IEA, number …
The fluid transfer system market size was valued at USD 19.1 billion in 2022 and is expected to reach USD 25.0 billion by 2027, at a CAGR of 5.6% during the forecast period 2022-2027. The base year for the report is 2021, and the forecast …
The automotive camera market is projected to grow from USD 8.0 billion in 2023 to USD 13.9 billion by 2028, at a CAGR of 11.7% during the forecast period. The cameras are used as advanced safety devices for enhancing the visibility of the surrounding environment …
The global In-Vehicle Computer System Market is projected to grow from USD 565 million in 2020 to USD 980 million by 2025, at a CAGR of 11.6%. Growing consumer demand for vehicle telematics and camera-based surveillance systems would drive the market for in-vehicle computer systems. 8 GB …
The usage-based insurance market is projected to grow from an estimated USD 30.6 billion in 2023 to reach USD 80.7 billion by 2028 at a CAGR of 21.4% during the forecast period. The usage-based insurance market is estimated to be fueled by growing EV and …
The global rolling stock management market is projected to grow from USD 42.8 billion in 2019 to reach USD 58.4 billion by 2025, at a CAGR of 5.32%. The growth of the rolling stock management market is influenced by factors such as expansions and upcoming …