The automotive hypervisor market is projected to grow at a CAGR of 27.0% from 2022 to 2027, to reach USD 566 million by 2027 from USD 171 million in 2022. The basic objective of the hypervisor is to create an abstraction of various automotive functions …
The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period. Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) is boosting the growth of …
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 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 level 3 autonomous vehicle market is projected to grow from 291 thousand units in 2025 to 8.7 million units by 2035 at a CAGR of 40.5%. Level 3 autonomy is a crucial step toward true autonomous vehicles as it requires balancing regulatory norms and …
South-East Asia Two-wheeler e-Axle Market is expected to reach USD 584 million by 2032, from USD 227 million in 2025, with a CAGR of 14.45%. In South-East Asia, hub-mounted e-axles dominate the market due to their low cost, ease of integration, and minimal maintenance making …
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 EV platform market is estimated to grow from USD 9.0 billion in 2022 to USD 68.0 billion by 2030 at a CAGR of 28.7% over the forecast period. Preference for high-voltage and long-distance range EVs, high demand for solid-state batteries in EVs, growing demand …
The Autonomous Vehicle Sensor Market 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 around …
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 second life EV battery market is estimated at ~25-30 GWH in 2025 and is projected to reach ~330-350 GWH in 2030 at a CAGR of ~65% during the forecast period. Electric vehicles (EVs) have experienced remarkable growth over the past three to four years, driven by …
The global robotaxi market, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030. The growth of the robotaxi market is influenced by the rising …
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 …