The Automotive Shielding Market is projected to grow at a CAGR of 7.33% during the forecast period, to reach USD 12.24 billion by 2025. The rising demand for luxury and commercial vehicles, rising electromagnetic compliance requirements, and increasing sales of electric vehicles have led to …
The Global Automotive Actuators Market size is projected to grow at a CAGR of 7.1% during the forecast period, to reach USD 39.5 billion by 2027 from an estimated USD 22.8 billion in 2019. The growing demand for comfort features and stringent regulations regarding vehicle …
According to MarketsandMarkets analysis, the Automotive Wheels Aftermarket, by volume, is estimated to reach 29.9 million units in 2018 and projected to grow at a CAGR of 4.07% during the forecast period. The major factors driving this growth are increasing vehicle sales and cost-effective pricing. …
The Mining Equipment Market is projected to grow at a CAGR of 5.40 % from 2018 to 2025. From a market size of USD 77.7 billion in 2018, it is projected to reach USD 112.3 billion by 2025. With the increase in urban population, there …
The Automotive Simulation Market is estimated to be USD 1.4 billion in 2018 and is projected to reach USD 2.9 billion by 2025, at a CAGR of 11.1% during the forecast period. Increasing focus on R&D activities and rapid technological changes owing to the changing government norms …
The Air Brake System Market is estimated to be USD 4.5 billion in 2018 and is projected to reach USD 5.6 billion by 2025, at a CAGR of 3.31% during the forecast period. The demand for air brake systems is driven by the increasing sales …
Car manufacturers are focusing more on vehicle safety and security to prevent the rising instances of thefts. The continuous increase in vehicle theft has led to the growth of the vehicle access control market. Other major factors responsible for growth are the demand for luxury …
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 …
Increasing demand for autonomous and connected technologies in automotive is expected to drive the market for advanced tires. Advanced tires comprise technologies such as chip-embedded, self-inflating, multi-chamber, and all-in-one tires. These technologies are expected to increase in-vehicle convenience significantly. These technologies help increase the durability …
The automotive smart antenna module is a digital wireless communication system that can exhibit the diversity effect on components, namely, transmitter and receiver. The diversity effect refers to the transmission or reception of multiple band radio frequency (RF) waves at once to increase the data …
The Autonomous Truck Market is estimated to be 15.2 thousand units in 2025 and is projected to reach 81.8 thousand units by 2030, at a CAGR of 39.96%. The Semi-Autonomous Truck Market is estimated to be 260.1 thousand units in 2018 and is projected to …
The Torque Converter Market is driven by the high penetration of Automatic Transmission (AT) in mid- and premium segment cars. Also, the increasing penetration of Continuously Variable Transmission (CVT) in mid-level vehicles is expected to drive the market in developing countries. The increasing demand for …
The Global Military Truck Market is projected to grow from 15,677 units in 2019 to 20,171 by 2027, at a CAGR of 3.2%. Factors such as high demand for customized trucks, technological advancements, increasing popularity of transportation of military equipment, and continuous growth of army …
The automotive airbags & seatbelts market is estimated to be USD 55.77 billion in 2017 and is projected to reach 135.43 billion by 2025, at a CAGR of 11.97% during the forecast period. Increasing demand for safe, more efficient driving experiences, and growing stringency of safety regulations …