The Automotive Lighting Market is projected to grow from an estimated USD 22.5 billion in 2023 to reach USD 30.4 billion by 2030 at a CAGR of 4.4% during the forecast period. Automotive manufacturers are highly focused on developing new and innovative lighting to increase …
The global electric vehicle tires market size is projected to grow from USD 2.8 billion in 2023 to USD 11.2 billion by 2030, at a CAGR of 21.7%. The rise in focus towards e-mobility is expected to increase the demand for electric vehicle tires. Also, …
The Automotive Airbag Silicone Market is projected to grow from USD 239 million in 2020 to USD 534 million by 2025 in terms of value, at a CAGR of 17.5%. Stringent safety regulations, along with increasing installations and growing demand for frontal, curtain/side, and knee …
The global automotive smart antenna market is estimated to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030, at a CAGR of 10.9%. The increased demand for connected car features, in-vehicle infotainment, autonomous vehicles, and safety norms has increased the adoption …
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 Owing to various benefits offered by electrification such as decreased vehicle weight, lower emissions, increased fuel efficiency, improved driving comfort, and …
The global electric mid- & large bus market size is projected to grow from 66,593 units in 2023 and is expected to cross 171,000 units by 2030, at a CAGR of 14.4%. Growing urbanization, population density, and government policies will influence the electric mid- & …
The synthetic fuels market size is projected to grow from USD 48.4 billion in 2023 to USD 70.1 billion by 2030, at a CAGR of 5.4% from 2023 to 2030. The market growth is expected to be driven by investment from private players boosting research …
The global automotive axle & propeller shaft market size is projected to grow at a CAGR of 3.2% during the forecast period, to reach a market size of USD 25.4 billion by 2025 from USD 21.7 billion in 2020. Increasing production of heavy commercial vehicles, …
The global EV battery market is projected to grow from USD 132.6 billion in 2023 to USD 508.8 billion by 2033, registering a CAGR of 14.4%. Recent advancements in the EV market have resulted in the introduction of batteries with higher standards. While these batteries …
The Low-Carbon Propulsion Market size is projected to grow at a CAGR of 21.5% during the forecast period, to reach 11,640 thousand units by 2027 from an estimated 2,980 thousand units in 2020. The prices of oils are highly uncertain and subject to international market …
The global automotive transmission market worldwide size was valued at $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. The stringent regulations formulated to reduce C02 emissions …
The global semi-autonomous truck market size is projected to grow from 948 thousand units in 2020 to reach 3,254 thousand units by 2025, at a CAGR of 28.0%. The global autonomous truck market size is projected to grow from USD 460 million in 2024 to …
The global ride sharing market was valued at USD 85.8 billion in 2021 and is expected to reach USD 185.1 billion by 2026, at a CAGR of 16.6% during the forecast period 2021-2026. The ride-sharing market has transformed the way we travel, providing convenient and affordable …
The global occupant classification system market is projected to grow at a CAGR of 6.7% to reach USD 2.8 billion by 2025 from an estimated USD 2.0 billion in 2020. The increasing sales of mid-size and luxury vehicles in recent years, which is driven by …