The automotive telematics market was valued at USD 8.8 billion in 2022 and is expected to reach USD 15.5 billion by 2027, at a CAGR of 12.1% during the forecast period 2022 to 2027. An increase in efforts by the government for developing an intelligent …
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 fuel tank market for automotive is projected to reach USD 21.3 billion by 2026 from an estimated USD 16.6 billion in 2021, at a CAGR of 5.1% during the forecast period. The growth of the fuel tank market for automotive is influenced by a …
The global EV battery market is projected to grow at a CAGR of 19.0% from USD 56.4 billion in 2022 to USD 134.6 billion by 2027. The growth of the EV battery market can be attributed to the increasing demand of electric vehicles, improvement in …
The quadricycle market size is estimated to grow from USD 19.1 billion in 2022 to reach USD 35.6 billion by 2032, at a CAGR of 6.4% over the forecast period. The rising traffic congestion, increasing geriatric population, demand for safer mode of commute have attributed …
The automotive filters market is estimated to grow from USD 11.1 billion in 2022 to USD 13.1 billion by 2027, at a CAGR of 3.3%. The growth of the automotive filters market includes increasing stringency of vehicle emission & fuel economy regulations and the development of advanced filtration …
The global in-vehicle infotainment market in terms of revenue was estimated to be worth $20.8 billion in 2021 and is poised to reach $38.4 billion by 2027, growing at a CAGR of 10.8% from 2021 to 2027. The in-vehicle Infotainment system aggregates all the infotainment …
The electric van market is projected to register a CAGR of 33.6% from 2022 to 2030, reaching 1,082.9 thousand units by 2030 from 106.8 thousand units in 2022. The market growth can be attributed to factors such as the increase in distribution services and last-mile …
Published by MarketsandMarkets, the global V2X cybersecurity market is projected to grow from USD 1.2 billion in 2022 to USD 3.2 billion by 2028, at a CAGR of 18.1%. Factors such as developments in connected car technology, paired with increasing growth of automotive V2X market …
The Automotive Camera Market is projected to grow from USD 8.0 billion in 2023 to USD 13.9 billion by 2028, at a CAGR of 11.7% during the forecast period. The cameras are used as advanced safety devices for enhancing the visibility of the surrounding environment …
Published by MarketsandMarkets, the global Thermal Systems market is projected to grow at a CAGR of 2.1% during the forecast period, from an estimated USD 37.6 billion in 2022 to USD 41.7 billion by 2027. Growing stringency of emission regulations for on-highway & off-highway vehicles …
The Automotive Wheels Aftermarket is projected to grow at a CAGR of 3.5% from USD 3.4 billion in 2022 to reach USD 4.1 billion by 2027. The growth of the automotive wheels aftermarket is influenced by factors such as accident rates, changing consumer preferences for stylish …
The global forklift market size was valued at USD 58.9 billion in 2022 and is expected to reach USD 84.5 billion by 2027, at a CAGR of 7.5 % during the forecast period 2022-2027. The market is expected to witness growth due to major factors …
The low-speed vehicle market is projected to grow from USD 10.4 billion in 2023 to USD 15.0 billion by 2028, at a CAGR of 7.4%. Low-speed vehicles have wide applications in golf courses, gated communities, resorts, college campuses, large industrial zones & IT hubs, amusement …