The commercial vehicle & off-highway radar market is projected to grow at a CAGR of 27.4% during the forecast period, to reach USD 831 million by 2027 from an estimated USD 153 million in 2020. The demand for autonomous and safety features, real-time data monitoring, …
The ADAS market is projected to grow from USD 30.9 billion in 2022 to USD 65.1 billion by 2030, registering a CAGR of 9.7%. The demand for Advanced Driver Assistance Systems (ADAS) is increasing quickly due to the rise in traffic accidents on a global …
The brake system market is projected to reach USD 28.1 billion by 2027 from an estimated USD 22.2 billion in 2022, at a CAGR of 4.8% during the forecast period. The brake system market growth is mainly driven by the regulations on stopping distance and …
The fluid transfer system market size was valued at USD 19.1 billion in 2022 and is expected to reach USD 25.0 billion by 2027, at a CAGR of 5.6% during the forecast period 2022-2027. The base year for the report is 2021, and the forecast …
The usage-based insurance market is projected to grow from an estimated USD 30.6 billion in 2023 to reach USD 80.7 billion by 2028 at a CAGR of 21.4% during the forecast period. The usage-based insurance market is estimated to be fueled by growing EV and …
The advanced tires market is projected to reach USD 3.2 billion by 2030 from an estimated USD 1.3 billion in 2023, at a CAGR of 14.4% from 2023 to 2030. The growth of the advanced tires market is influenced by factors such as growing consumer …
The global connected rail market size is projected to grow from USD 94.6 billion in 2022 to reach USD 124.5 billion by 2027, at a CAGR of 5.6%.The major factors behind the growth of rail systems & services market is the continuous need for safety …
The global electric scooter and motorcycle market, by value, is estimated to be USD 4.9 billion in 2023 and is projected to reach USD 14.7 billion by 2028, at a CAGR of 24.8% from 2023 to 2028. The market for electric scooters and motorcycles is …
The global EV charging cable market is projected to grow from USD 1.3 billion in 2023 to USD 3.9 billion by 2030, registering a CAGR of 16.7%. With environmental concerns at the forefront of collective consciousness and the increasing popularity of electric vehicles, the demand …
The global automotive pumps market is projected to grow at a CAGR of 4.1% during the forecast period, to reach USD 18.0 billion by 2027 from an estimated USD 14.8 billion in 2022. The major factors driving the growth of the market are fluctuating fuel …
The global automotive shielding market size is projected to grow from USD 20.2 billion in 2020 to USD 24.7 billion by 2025, at a CAGR of 4.1%. Compliance towards fuel efficiency standards and the adoption of electronics-based driving comfort & safety systems will drive the …
The global solid-state car battery market size is projected to grow from 27,070 units in 2025 to 661,724 units by 2030, at a CAGR of 89.5%. Automotive companies are investing huge amounts in research and testing of solid-state battery technology. The ongoing trend of growing …
The global Usage-Based Insurance Market size was valued at USD 19.6 billion in 2021 and projected to reach USD 66.8 billion by 2026, growing at a CAGR of 27.7% during the forecast period. The growth of the usage-based insurance market is influenced by factors such …
The HD maps for autonomous vehicles market is estimated to be USD 1.4 Billion in 2021 and is projected to grow at a CAGR of 31.7% during the forecast period, to reach USD 16.9 Billion by 2030. With the growing trend of autonomous driving technology, …