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 ADAS market is projected to grow from 359.8 million units in 2025 to 652.5 million units by 2032 at a CAGR of 8.9%. The ADAS market is undergoing a significant transformation, driven by the shift toward integrated domain controllers and high-performance, low-power computing systems …
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 …
The Global EV Cables Market is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028 The major factors driving the growth of the EV cable market are increasing fuel prices that have increased the …
The Automotive seat market is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period. The increasing demand for mid- & full-size SUVs and luxury cars has impacted the automotive seating …
The global automotive smart antenna market size was valued at USD 2.5 billion in 2023 and is expected to reach USD 5.2 billion by 2030, at a CAGR of 10.9%, during the forecast period 2023-2030. The key factors driving the automotive smart antenna market are the increase …
The global automotive green tires market size is projected to grow from USD 11.5 billion in 2023 to USD 15.8 billion by 2028, at a CAGR of 6.5%. The high demand for low rolling resistance tires is one of the key factors driving the growth …
The electric powertrain market is projected to reach USD 230.5 billion by 2030 from USD 96.7 billion in 2023, at a CAGR of 13.2% from 2023 to 2030. The electric powertrain market is driven by growing demand for electric vehicles which in turn is influenced …
The electric light commercial vehicle market is projected to reach USD 116.60 billion by 2032 from USD 24.49 billion in 2025 at a CAGR of 25.0% during 2025–2032. The growth in the electric light commercial vehicle (eLCV) market can be attributed to the rising demand …
The global hybrid train market is projected to grow from 412 units in 2023 to 446 units by 2030, registering a CAGR of 1.1%. The demand for hybrid trains is surging worldwide, driven by a convergence of critical factors. In an era characterized by increasing …
The automotive transmission market is witnessing robust growth as manufacturers prioritize enhanced fuel efficiency, advanced drivetrains, and the shift to electric vehicles. Based on MarketsandMarkets.com data, the global automotive transmission market was valued at USD 62.4 billion in 2023 and is projected to reach USD …
The Automotive Lighting Market is projected to grow from an estimated USD 22.5 billion in 2023 to reach USD 30.4 billion by 2030 at a CAGR of 4.4% during the forecast period. Automotive manufacturers are highly focused on developing new and innovative lighting to increase …