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 Automotive Steering System market is projected to grow from USD 35.3 billion in 2022 to USD 39.5 billion by 2027, at a CAGR of 2.3% over the forecast period. The rapid adoption of Electric Vehicles (EVs) worldwide creates a huge demand for Electrical Power …
The automotive engineering service market is projected to grow from 153.2 billion in 2022 to 243.9 billion by 2028, registering a CAGR of 8.1%. The growing demand of zero-emission vehicles, advancements in technologies such as ADAS, battery management, connectivity, among others, and rising commercial transport …
The Air Suspension market is projected to reach USD 21.8 billion by 2027 from USD 17.8 billion in 2022, at a CAGR of 4.2%. Electric & hybrid buses would lead the market demand for air suspension systems Stringent emission & fuel efficiency regulations and stiff …
The automotive VVT & start-stop system market is projected to grow at a CAGR of 5.7%, reaching USD 58.8 billion by 2027 from USD 42.3 billion from 2021. Some of the major factors responsible for the growth of the VVT & start-stop system market are …
The global automotive glazing market size is estimated to be USD 1.0 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 9.9%. The market will be driven primarily because of the increase in demand for vehicle weight …
The global body in white market is projected to grow from USD 77.0 billion in 2019 to reach USD 90.5 billion by 2027, at a CAGR of 2.0%. The growth of the body in white market is influenced by the implementation of stringent emission regulations …
The automotive power distribution block market is projected to grow at a CAGR of 4.15%, from USD 6.47 billion in 2018 to USD 8.60 billion by 2025. The inclusion of basic safety systems such as ABS, anti-lock braking systems, TPMS, and electronic stability programs, along …
The automotive gearbox market is projected to grow at a CAGR of 4.24% from USD 103.55 Billion in 2018 to USD 138.52 Billion by 2025 The increase in demand for enhanced driving experience and smooth gear shifting is driving the growth of the automotive gearbox …
The automotive terminal market is projected to grow at a CAGR of 10.03% during the forecast period, to reach USD 27.14 Billion by 2025 from an estimated USD 12.64 Billion in 2017. The combination of higher disposable income and increasing awareness of active as well …
The convertible roof system market is projected to grow at a CAGR of 6.77%, from 2018 to 2025, to reach a market size of USD 2.11 Billion by 2025 from 1.33 Billion in 2018. The major factors driving the growth of the convertible roof system …