Trailer Assist System Market Estimated to reach $182 million by 2027

Trailer Assist System Market

The report “Trailer Assist System Market by Technology (Semi-Autonomous (L3), Autonomous (L4, L5)), Component (Camera/Sensor, Software Module), Vehicle (Passenger Cars, LCV, and Trucks), User (OEM Fitted & Aftermarket), and Region – Global Forecast to 2027″, The global trailer assist system market is projected to grow from USD …

Increased Demand for Permanents Magnets from Automotive Industry is Expected to Drive the Market

Permanent Magnet Market, Permanent Magnet Industry, COVID 19 impact on Permanent Magnet Market, neodymium iron boron magnets market, ferrite magnets market, samarium cobalt magnets market, alnico magnets market, ferromagnetic material market

Permanent magnets are the type of magnets that retain their magnetic strength even after the removal of the external magnetizing force. Permanent magnets are mainly categorized into neodymium iron boron magnets, ferrite magnets, samarium cobalt magnets, alnico magnets, and others (which include flexible magnets, injection-molded …

Automotive Steering System Market Witness to reach $36.9 billion by 2025

Automotive Steering System Market

The global Automotive Steering System Market is projected to reach USD 36.9 billion by 2025 from USD 29.3 billion in 2020, at a CAGR of 4.7%. However, the halt in vehicle production across the region has impacted the automotive steering system market. Despite this, owing to an …

In-vehicle Infotainment Market Projected to reach $38.4 billion by 2027

In-vehicle Infotainment Market

The In-vehicle Infotainment Market is projected to grow from USD  20.8 billion in 2021 to USD  38.4 billion by 2027, at a CAGR of 10.8%. The in-vehicle Infotainment system aggregates all the infotainment functions of the vehicle, including tuner reception, media connectivity, audio playback, navigation, …

All-terrain Vehicle Market Size, Drivers, Opportunities, and Key Players – Global Forecast to 2027

All-terrain Vehicle Market

The All-Terrain Vehicle Market, by value, is projected to grow to USD 5.0 billion by 2027 from USD 4.3 billion in 2022, at a CAGR of 2.7% during the forecast period. The increasing demand for ATVs in military, agriculture, and sports applications is the major …

Automotive Pumps Market Growth and Forecast 2021-2026

Automotive Pump Market

Automotive pumps perform different functions including raising, compressing, or transferring fluids by mechanical action and facilitating the circulation of fluids around a system for a vehicle’s operational performance. The rapidly evolving automotive industry has provided advanced solutions in fluid dynamics for automotive applications. The global …

Usage-Based Insurance Market Projected to reach $66.8 billion by 2026

Usage-Based Insurance Market

The Usage-Based Insurance Market is projected to reach USD 66.8 billion by 2026 from an estimated USD 19.6 billion in 2021, growing at a CAGR of 27.7% during the forecast period. The increasing adoption of telematics and connected car services is expected to drive the usage-based insurance …

CNG and LPG Vehicle Market Projected to reach 4,389 thousand Units Sales by 2026

CNG & LPG Vehicle Market

The global electric 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 from …

Automotive Upholstery Market Projected to reach $7.74 billion by 2025

Automotive Upholstery Market

The report “Automotive Upholstery Market by Application (Carpets, Dashboards, Roof Liners, Seat Covers, Sun Visors & Trunk Liners), Upholstery Materials, Fabric Type (Non-woven & Woven), Integrated Technology, Vehicle Type, and Region – Global Forecast to 2025″, The automotive upholstery market in 2017, is estimated to be USD …

Automotive Acoustic Materials Market Estimated to reach $3.5 billion by 2027

Automotive Acoustic Materials Market

The report “Automotive Acoustic Materials Market by Type (ABS, Fiberglass, PP, PU, PVC & Textile), Component (Arch Liner, Dash, Fender & Floor Insulator, Door, Head & Bonnet Liner, Engine Cover, Trunk Trim, Parcel Tray), ICE & EV, and Region – Forecast to 2027″, is projected to grow …

Construction Equipment Market Projected to reach $250.4 billion by 2026

Construction Equipment Market

The report “Construction Equipment Market by Type (Excavator-Crawler & Mini, Loader-Backhoe, Skid-steer, Wheel, Dozer, Dump Truck), Electric Equipment, Propulsion, Power Output, Application, Rental, Aftertreatment Device, and Region – Global Forecast to 2026″, is projected to reach USD 250.4 Billion by 2026 from USD 208.3 billion in 2021, …

Forklift Market Future Estimations to Elucidate the Investment Pockets

Forklift Market

The report “Forklift Market by Application (Manufacturing, Wholesale & Retail Distribution, Freight, & Logistics), Fuel (Diesel, Electric, and Gasoline & LPG/CNG), Tonnage (<5, 5-10, 11-36, and >36), Class (1, 2, 3, and 4/5), and Region – Global Forecast to 2021″, The global forklift market is projected to …

Cylinder Deactivation System Market Estimated to reach $5.1 billion by 2025

Cylinder Deactivation System Market

The report “Cylinder Deactivation System Market by Component, No. of Cylinders (4 & 6 and Above), Valve Actuation Method (Overhead Camshaft & Pushrod Design), Fuel Type (Gasoline & Diesel), Vehicle Type (Passenger Vehicle & LCV), and Region – Global Forecast to 2025″, The global cylinder deactivation system …

COVID-19 Impact on Global Machine Tool Market Projected to reach $68.9 billion by 2021

COVID-19 Impact on Global Machine Tool Market

Post COVID-19, the global machine tool market size is projected to reach USD 68.9 billion by 2021 from an estimated USD 65.6 billion in 2020, at a CAGR of 5.0%. The projections were based on the ongoing automotive industry production drop, which is the biggest consumer of …