Shifting Gears: The $80.8 Billion Automotive Transmission Market by 2027

Automotive Transmission Market

The global automotive transmission market size accounted for $59.9 billion in 2022 and is estimated to achieve a market size of $80.0 billion by 2027, at a CAGR of 6.2 % during the forecast period 2022-2027. CVT, by Number of forward gears, is estimated to …

Automotive LiDAR Market Poised to Reach $8,611 Million by 2030

Automotive LiDAR Market

The global automotive LiDAR market was valued at USD 555 million in 2022 and expected to reach USD 8,611 million by 2030 and grow at a CAGR of 40.9% over the forecast period (2022 – 2030). Factors such as increasing sales of high-end vehicles, along …

Automotive Telematics Market Projected to Reach $15.5 Billion by 2027

Automotive Telematics Market

The automotive telematics market was valued at USD 8.8 billion in 2022 and is expected to reach USD 15.5 billion by 2027, at a CAGR of 12.1% during the forecast period 2022 to 2027. An increase in efforts by the government for developing an intelligent …

Automotive Fuel Cell Market Predicted to Reach 724 Thousand Units by 2030

Automotive Fuel Cell Market

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 …

Automotive Fuel Tank Market worth $21.3 billion by 2026

Automotive Fuel Tank Market

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 …

EV Battery Market to Surpass $134.6 Billion by 2027

EV Battery Market

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 …

Quadricycle Market to Surpass $35.6 Billion by 2032

Quadricycle Market

The quadricycle market size is estimated to grow from USD 19.1 billion in 2022 to reach USD 35.6 billion by 2032, at a CAGR of 6.4% over the forecast period. The rising traffic congestion, increasing geriatric population, demand for safer mode of commute have attributed …

Automotive Filters Market Set to Reach $13.1 Billion by 2027

Automotive Filters Market

The automotive filters market is estimated to grow from USD 11.1 billion in 2022 to USD 13.1 billion by 2027, at a CAGR of 3.3%. The growth of the automotive filters market includes increasing stringency of vehicle emission & fuel economy regulations and the development of advanced filtration …

In-Vehicle Infotainment Market to Reach $38.4 Billion by 2027

In-vehicle Infotainment Market

The global in-vehicle infotainment market in terms of revenue was estimated to be worth $20.8 billion in 2021 and is poised to reach $38.4 billion by 2027, growing at a CAGR of 10.8% from 2021 to 2027. The in-vehicle Infotainment system aggregates all the infotainment …

V2X Cybersecurity Market to Reach $3.2 Billion by 2028

V2X Cybersecurity Market

Published by MarketsandMarkets, the global V2X cybersecurity market is projected to grow from USD 1.2 billion in 2022 to USD 3.2 billion by 2028, at a CAGR of 18.1%. Factors such as developments in connected car technology, paired with increasing growth of automotive V2X market …

Automotive Camera Market Expected to Grow to $13.9 Billion by 2028

Automotive Camera Market

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 …

Wireless Charging Market Set to Reach $377 Million by 2027

Wireless Charging Market for Electric Vehicles

The global wireless charging market for electric vehicles is projected to grow from USD 15 million in 2022 to USD 377 million by 2027, at a CAGR of 88.4%. Factors such as rising sales of electric vehicles around the world, along with the increasing inclination …

Forklift Market to Reach $84.5 Billion by 2027

Forklift Market

The global forklift market size was valued at USD 58.9 billion in 2022 and is expected to reach USD 84.5 billion by 2027, at a CAGR of 7.5 % during the forecast period 2022-2027. The market is expected to witness growth due to major factors …

Electric Scooter and Motorcycle Market Poised to Reach $14.7 Billion by 2028

Electric Scooter and Motorcycle Market

The global electric scooter and motorcycle market, by value, is estimated to be 4.9 USD Billion in 2023 and is projected to reach 14.7 USD Billion by 2028, at a CAGR of 24.8% from 2023 to 2028. electric Governments’ backing of electric two-wheelers through subsidies …