The OTR tires market is projected to grow from USD 8.7 billion in 2022 to USD 11.4 billion by 2027, at a CAGR of 5.5% during the forecast period. Increasing demand of the off-highway vehicles due to growth in infrastructure development activities, higher demand of …
The automotive drive by wire market is projected to reach USD 27.9 billion by 2027 from an estimated USD 20.6 billion in 2022 at a CAGR of 6.2% during the forecast period, driven by developments in the automotive drive by wire sector and growing EV …
The global all wheel drive market size is projected to reach USD 53.8 billion by 2027, from an estimated value of USD 35.9 billion in 2022, at a CAGR of 8.4% during the forecasted period. Rapid urbanization, Industrialization and the rising standard of living of …
The global electric bus market is expected to grow from USD 58.9 million in 2023 to USD 678.3 billion by 2030. The increasing demand for electric buses is driven by various factors, including government initiatives and subsidies for electric vehicle adoption, advancements in battery technology, …
The global automotive turbocharger market is projected to reach USD 22.2 billion by 2028 from USD 15.0 billion in 2023, at a CAGR of 8.1%. The growth in the automotive turbocharger industry is mainly driven by stringent emission regulations with reduced emission limits & increased …
The e-Bike market size is projected to reach USD 80.6 billion by 2027 from an estimated USD 49.7 billion in 2022, at a CAGR of 10.2% from 2022 to 2027. With the growth in automotive industry, there has been rise in the air pollution. To …
The global recreational boat market, by value, is estimated to be 18.9 USD Billion in 2023 and is projected to reach 25.9 USD Billion by 2028, at a CAGR of 6.5% from 2023 to 2028. In the near future, demand for recreational boat is expected …
The global gasoline direct injection market is projected to grow from USD 5.1 billion in 2022 to USD 7.3 billion by 2027, at a CAGR of 7.1% during the forecast period. Increasing vehicle production, increase in demand for fuel-efficient vehicles, and growing penetration of hybrid …
The global CNG and LPG vehicle market size is projected to reach 4,389 thousand units sales by 2026, from an estimated 2,235 thousand units sales in 2021, at a CAGR of 15.5%. The base year for the report is 2020, and the forecast period is …
The air brake system market size is projected to grow from USD 3.1 billion in 2023 to USD 3.4 billion by 2028, at a CAGR of 2.2% from 2023 to 2028. The demand for air brake systems is driven by the increasing sales and production …
The thermal systems market is projected to reach USD 41.7 billion by 2027 fromUSD 37.6 billion in 2022, at a CAGR of 2.1%. Stringent emission norms and rising demand for in-vehicle comfort applications will drive the automotive thermal system market Rise in global vehicle production, …
The global automotive test equipment market size is expected to show growth at a CAGR of 4.1% from USD 3.0 billion in 2020 to reach USD 3.7 billion by 2025. The automotive industry has witnessed a rapid evolution with continuous developments in engineering and technology. …
The global automotive fuel cell market is projected to grow from 25 thousand units in 2022 to 724 thousand units by 2030, registering a CAGR of 52.4%. Fuel cell operated vehicles such as buses, LCVs, passenger cars, and trucks, were mapped as part of this …
The automotive filters market is projected to reach USD 13.1 billion by 2027 from USD 11.1 billion in 2022, at a CAGR of 3.3%. The increase in demand for light commercial and heavy commercial vehicles, Rising government emission norms related to CO2 and NOx emission, …