The Optoelectronics Market is projected to grow at a CAGR of 14.13% during the forecast period, to reach USD 9.80 billion by 2025. The high demand and increasing sales of premium segment vehicles and the rising awareness regarding vehicle safety performance are the major factors …
The Conveyor System Market is projected to grow at a CAGR of 4.33% during the forecast period, to reach USD 9.9 billion by 2025 from an estimated USD 7.4 billion in 2018. Increasing industrialization and automation have led to improved productivity and efficiency in the …
The Automotive PCB Market is projected to grow at a CAGR of 5.33% during the forecast period, to reach USD 12.43 billion by 2025. The market growth is primarily driven by factors such as the increased incorporation of advanced safety, convenience, and comfort systems and …
The Automotive Relay Market is projected to grow at a CAGR of 6.20% from 2017 to 2022 and is projected to reach USD 16.75 billion by 2022. The electronic and electrical applications in vehicles will continue to increase with increasing focus on safety, security, and …
The global Automotive Robotics Market is estimated to be USD 5.07 billion in 2016, and is projected to reach USD 8.44 billion by 2021, growing at a CAGR of 10.74% from 2016 to 2021. Asia–Pacific is estimated to lead the market in 2016; articulated robots …
The Augmented Reality Automotive Market is projected to grow at a CAGR of 30.31% during the forecast period, to reach USD 7.98 billion by 2025. The growing consumer awareness of advanced in-vehicle safety technologies, the desire of automotive manufacturers to build safer vehicles, and stringent …
The IoT Fleet Management Market is estimated to grow at a CAGR of 21.26% during the forecast period, to reach a market size of USD 8.28 billion by 2021. The rising demand for optimum operational efficiency, increased profitability, improved fuel economy, reduced maintenance cost, and …
The Multi Camera System Market is projected to grow at a CAGR of 19.13% during the forecast period, to reach USD 2,843.4 million by 2025. The increased emphasis of insurance companies on safety features and rise in trend of integrating additional safety features in the …
The Biometric Identification Market for automotive, by value, is projected to grow at a CAGR of 25.61% from 2017 to 2022, to reach USD 21.72 billion by 2022. Factors such as an increased focus on safety, security, and comfort are expected to fuel the demand …