The global CNG and LPG vehicle market size is projected to reach 4,389 thousand units sales by 2026, from an estimated 2,235 thousand units sales in 2021, at a CAGR of 15.5%. The base year for the report is 2020, and the forecast period is …
The global EV market is projected to grow from USD 388.1 billion in 2023 to USD 951.9 billion by 2030, registering a CAGR of 13.7%. The electric vehicle (EV) market is currently experiencing a transformative phase of rapid growth and innovation. With increasing global concern …
The air brake system market size is projected to grow from USD 3.1 billion in 2023 to USD 3.4 billion by 2028, at a CAGR of 2.2% from 2023 to 2028. The demand for air brake systems is driven by the increasing sales and production …
The thermal systems market is projected to reach USD 41.7 billion by 2027 fromUSD 37.6 billion in 2022, at a CAGR of 2.1%. Stringent emission norms and rising demand for in-vehicle comfort applications will drive the automotive thermal system market Rise in global vehicle production, …
The global automotive test equipment market size is expected to show growth at a CAGR of 4.1% from USD 3.0 billion in 2020 to reach USD 3.7 billion by 2025. The automotive industry has witnessed a rapid evolution with continuous developments in engineering and technology. …
The global automotive fuel cell market is projected to grow from 25 thousand units in 2022 to 724 thousand units by 2030, registering a CAGR of 52.4%. Fuel cell operated vehicles such as buses, LCVs, passenger cars, and trucks, were mapped as part of this …
The automotive filters market is projected to reach USD 13.1 billion by 2027 from USD 11.1 billion in 2022, at a CAGR of 3.3%. The increase in demand for light commercial and heavy commercial vehicles, Rising government emission norms related to CO2 and NOx emission, …
The global ADAS market is projected to grow from an estimated USD 30.9 billion in 2022 to USD 65.1 billion by 2030, registering a CAGR of 9.7%. Factors such as increasing concern for road safety, efficient R&D for ADAS component design and government mandates for …
The global train dispatching market is projected to grow from USD 942 million in 2022 to USD 1,391 million by 2027, registering a CAGR of 8.1%. Technology advancements have enabled the railway industry to operate efficiently, leveraging state-of-the-art information and communications technology (ICT) within the …
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%. The growth of this market can be attributed to the growing trend of ADAS-featured vehicles and the surge in the …
The automotive relay market is projected to grow from USD 12.2 billion in 2022 to USD 15.5 billion by 2027, at a CAGR of 5.0% for the same period. The rapid growth of the electric vehicles and the need for advanced electronic systems for various …
The cell to pack battery market is projected to grow from USD 5.5 billion to USD 29.3 billion in 2030, at a CAGR of 26.9% during the forecast period. The growth of this market can be attributed to the increase in the sale of EVs, …
The global railway system market is estimated to be USD 25.1 billion in 2022 and projected to reach USD 30.9 billion by 2027, at a CAGR of 4.2%. The growing requirement for upgradation and refurbishment of existing rolling stock is expected to drive the railway …
The global automotive traction motor market is projected to grow by CAGR 22.8% from USD 6.5 billion in 2022 to USD 18.4 billion by 2027. The base year for the report is 2022, and the forecast period is from 2022 to 2027. Asia Pacific …