Automotive piston market is projected to grow to USD 2.2 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 3.5%. Factors such as fuel shift towards gasoline passenger cars & especially towards GDI engines and the demand for lightweight piston components …
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 EV market is projected to grow from USD 388.1 billion in 2023 to USD 951.9 billion by 2030, registering a CAGR of 13.7%. The electric vehicle (EV) market is currently experiencing a transformative phase of rapid growth and innovation. With increasing global concern …
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 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 global ADAS market is projected to grow from an estimated USD 30.9 billion in 2022 to USD 65.1 billion by 2030, registering a CAGR of 9.7%. Factors such as increasing concern for road safety, efficient R&D for ADAS component design and government mandates for …
The global train dispatching market is projected to grow from USD 942 million in 2022 to USD 1,391 million by 2027, registering a CAGR of 8.1%. Technology advancements have enabled the railway industry to operate efficiently, leveraging state-of-the-art information and communications technology (ICT) within the …
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%. The growth of this market can be attributed to the growing trend of ADAS-featured vehicles and the surge in the …
The automotive relay market is projected to grow from USD 12.2 billion in 2022 to USD 15.5 billion by 2027, at a CAGR of 5.0% for the same period. The rapid growth of the electric vehicles and the need for advanced electronic systems for various …
The cell to pack battery market is projected to grow from USD 5.5 billion to USD 29.3 billion in 2030, at a CAGR of 26.9% during the forecast period. The growth of this market can be attributed to the increase in the sale of EVs, …
The global railway system market is estimated to be USD 25.1 billion in 2022 and projected to reach USD 30.9 billion by 2027, at a CAGR of 4.2%. The growing requirement for upgradation and refurbishment of existing rolling stock is expected to drive the railway …