The Global Automotive Airbag Silicone Market size is projected to grow from $239 million in 2020 to $534 million by 2025, at a 17.5% CAGR. The excellent heat resistance, high fabric strength, and improved lifespan offered by silicone coating are expected to boost its demand …
The Automotive Interior Market is estimated to be worth $123.2 billion in 2020 and is projected to reach $153.8 billion by 2025, at a CAGR of 4.5% during the forecast period. Technological advancements in current automotive interior components, along with the increasing trend of connected …
The Global Mounted Bearing Market size is projected to grow from USD 1.4 billion in 2020 to USD 1.9 billion by 2025, at a CAGR of 5.8%. A mounted unit is typically a ball or roller bearing set into a housing. These units can be …
The Vehicle Electrification Market is projected to grow at a CAGR of 11.9% to reach USD 129.6 billion by 2025 from USD 73.7 billion. The vehicle electrification market is expected to witness a significant downturn in 2020, largely attributed to a decline in vehicle production. …
The Automotive Head-up Display (HUD) Market is estimated to be worth USD 866 million in 2020 and is projected to reach USD 3,372 million by 2025, at a CAGR of 31.3% during the forecast period. The market is driven by increased customer awareness about road …
The Global Connected Car Market in the pre-COVID-19 situation was projected to reach USD 180.9 billion by 2025 from USD 63.2 billion in 2020. However, due to COVID-19, most of the countries have imposed a complete lockdown for more than two months, which has impacted …
The Global V2X Cybersecurity Market size is projected to reach USD 2,798 million by 2025, from an estimated USD 659 million in 2020, at a CAGR of 33.5%. The increasing trend of connected and autonomous vehicle technologies will trigger the demand for V2X technologies, which, …
The Commercial Vehicle & Off-highway Radar Market is projected to grow at a CAGR of 27.4%, by value, during the forecast period. It is estimated to be USD 153 million by 2020 and is projected to reach USD 831 million by 2027. The market growth …
The Global Automotive Lighting Market size is projected to grow from USD 27.0 billion in 2020 to USD 34.9 billion in 2025, at a CAGR of 5.3%. Increasing consumer disposable income and rising vehicle sales are providing a surge to the demand for automotive lighting …
The HD Map for Autonomous Vehicles Market is estimated to be USD 1.3 billion in 2020 and is projected to reach USD 20.4 billion by 2030, at a CAGR of 36.2% during the forecast period. The key factors that drive this market include the increasing …
According to the new market research report on “Integrated Marine Automation System Market by Ship Type (Commercial, and defense), Component, End User (OEM, Aftermarket), Solution (Vessel Management System, Power Management System, Process Control, Safety System), and Region – Global Forecast to 2023“, The integrated marine automation system …
The Air Brake System Market is estimated to be USD 4.5 billion in 2018 and is projected to reach USD 5.6 billion by 2025, at a CAGR of 3.31% during the forecast period. The demand for air brake systems is driven by the increasing sales …
Car manufacturers are focusing more on vehicle safety and security to prevent the rising instances of thefts. The continuous increase in vehicle theft has led to the growth of the vehicle access control market. Other major factors responsible for growth are the demand for luxury …
The automotive industry has witnessed a shift in technology from the use of mechanical systems to electrical systems. With the advancement of mechatronics, linear as well as rotational motions in vehicles can be achieved using electrical prime movers. As electric content in cars has increased …