The automotive lightweight materials market is projected to grow from USD 73.9 billion in 2022 to USD 101.5 billion by 2027, at a CAGR of 6.5% for the same period. The base year for the report is 2021, and the forecast period is from 2022 …
The global LiDAR simulation market is projected to reach USD 4.01 billion by 2032, growing from USD 0.93 billion in 2025 at a CAGR of 23.1%. Rapid advancements in autonomous driving technologies are driving strong demand for automotive LiDAR simulation, a critical component for achieving level 3 …
The automatic tire inflation system market is projected to grow from USD 82 million in 2023 to USD 138 million by 2028, at a CAGR of 10.7% during the forecast period. The increasing demand for improved tire life and to prevent accidents due to tire …
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Growing demand for road safety, increased vehicle features are driving the demand for connected tires. With features like …
The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%. The growing demand of safer, efficient and fuel-efficient mobility alternative is expected to drive the demand for automotive TIC …
The Global EV Cables Market is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028 The major factors driving the growth of the EV cable market are increasing fuel prices that have increased the …
The Automotive seat market is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period. The increasing demand for mid- & full-size SUVs and luxury cars has impacted the automotive seating …
The electric powertrain market is projected to reach USD 230.5 billion by 2030 from USD 96.7 billion in 2023, at a CAGR of 13.2% from 2023 to 2030. The electric powertrain market is driven by growing demand for electric vehicles which in turn is influenced …
The global V2X cybersecurity market is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%. The advancement in connected car technology and the expansion of the automotive V2X market are key drivers contributing to the revenue …
The Automotive Telematics Market is projected to grow from an estimated USD 9.0 billion in 2024 to reach USD 16.1 billion by 2030 at a CAGR of 10.1% during the forecast period. Automotive manufacturers are highly focused on collaborating with telematic suppliers to integrate their …
The global AVAS market is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%. The AVAS market is driven by the increasing adoption of electric and hybrid vehicles, which are quieter than traditional internal …
The Air Suspension market is projected to reach USD 13.9 billion by 2030 from USD 10.0 billion in 2024, at a CAGR of 5.6%. The rising sales of luxury passenger vehicles, including SUVs, sedans, and electric vehicles, are expected to boost the global demand for …
The Conveyor System market size is projected to grow from USD 10.4 Billion in 2024 to USD 14.8 Billion by 2030, at a CAGR of 6.0%. The constant need to increase the productivity each year is expected to increase the demand for highly mechanized and …
The global forklift market is estimated to grow from USD 85.2 billion in 2024 to USD 125.4 billion by 2030, with a CAGR of 6.7% over the forecast period. The global forklift market observes growth due to growth in e-commerce and warehouse sectors, an increase …