The Electric Power Steering Market is estimated to grow at a CAGR of 5.4 % during the forecast period, to reach USD 33.4 billion by 2027. Increasing government norms related to air emission standards and fuel efficiency of vehicles are expected to drive the electric …
The Automotive Interior Market is estimated to be worth USD 153.5 billion in 2022 and is projected to reach USD 201.2 billion by 2027, at a CAGR of 5.6% during the forecast period. Technological advancements in current automotive interior components, along with the increasing trend …
The global Automotive Head-up Display (HUD) Market is projected to reach $3.9 billion by 2027 from $1.0 billion in 2022, at a CAGR of 30.4% during the forecast period. The market is driven by increased customer awareness about road and vehicle safety, demand for improved …
The E-Bike Market is projected to reach USD 79.7 billion by 2026 from USD 47.0 billion in 2021, at a CAGR of 11.1%. Government support and initiatives and the positive impact of the Covid-19 pandemic on sales of e-bikes will drive the electric bike market. …
The Automotive Switch Market is projected to grow to USD 7.5 billion by 2026 from USD 6.2 billion in 2021, at a CAGR of 3.8% during the forecast period. The demand for automotive switches is primarily driven by the increasing adoption of electronics in vehicles …
The global weigh-in-motion system market is expected to reach $1,730 million by 2027, at a CAGR of 10.5% during the forecast period. Increasing government initiatives towards intelligent transportation system and increasing public-private partnerships (PPPs), increasing traffic congestion, and low cost compared with static weigh scale …
According to the new market research report “Power Supply Market by Output Power, Product Type, Vertical (Lighting, Consumer Electronics, Telecommunications, Transportation, Food & Beverages, Medical & Healthcare, Military & Aerospace, Industrial), and Geography – Global Forecast to 2023″, published by MarketsandMarkets™, the power supply market …
The Global Automotive Conformal Coatings Market is projected to reach USD 2.7 billion by 2025 from USD 1.8 billion in 2020, at a CAGR of 8.7%. However, halt in vehicle production across the globe have impacted the automotive conformal coatings market. Despite this, owing to …
The global Automotive Solenoid Market is estimated to be USD 4.3 billion in 2021 and is projected to reach USD 6.2 billion by 2026, growing at a CAGR of 7.3% from 2021 to 2026. Asia-Pacific is estimated to lead the market during the forecast. The …
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 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 IoT in Aviation Market scope includes components, applications, and end markets. IoT devices, IoT solutions, and services are covered under components. Airlines, airports, MROs, and OEMs are included under end markets while air traffic management, asset management, ground operations, and passenger experience are considered under applications. …
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 …
The quantum cascade lasers (QCL) market size is projected to grow from USD 355 million in 2019 to USD 422 million by 2025, at a CAGR of 3.9% during the forecast period. The drivers fueling the growth of the market are increase in the use …