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 Sensor Market for Automated Vehicles is projected to grow from USD 0.4 billion in 2022 to USD 19.1 billion by 2030, registering a CAGR of 62.6%. The growing demand of safer, efficient and fuel-efficient vehicles are expected to increase the demand for automated vehicles …
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 globally Connected Car Market is projected to reach $57.6 billion by 2026, from an estimated $24.0 billion in 2021, at a CAGR of 19.1% from 2021 to 2026. The roll-out of various government regulations regarding mandating safety features such as e-call, navigation, collision warning …
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 …
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 Renewable Drones Market size will grow to USD 148 million by 2025 (forecast year) from USD 45 million in 2020 (estimated year), at a CAGR of 27.1% during 2020-2025. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are …
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 lighting control system market size is estimated to grow from USD 19.5 billion in 2019 and projected to reach USD 39.0 billion by 2024, at a CAGR of 14.8%. The most significant factor driving the growth of this market is the high requirement for …
The Ethernet storage fabric market is expected to grow from USD 1.2 billion in 2019 to USD 2.3 billion by 2024, at a CAGR of 12.7% during the forecast period. Need for simplified data center management due to the architecture changes in enterprise data center, …
According to MarketsandMarkets, the global 3D projector market is estimated to grow from USD 3.1 billion in 2019 to USD 4.4 billion by 2024; at a CAGR of 7.1%. Major factors driving the growth of the 3D projector market include the increasing use of 3D …
The VOC sensors and monitors market, by device type, is segmented into monitors and sensors. The monitors segment is expected to dominate and witness significant growth during the forecast period. Increasing implementation of rules and regulations by government bodies to ensure occupational health and safety …
The growth of the pressure control equipment market is driven by the technological advancement in oilfield equipment, increase in global investment in exploration and production (E&P), and rise in unconventional hydrocarbon production in North America. Some major companies operating in the global pressure control equipment …