The global battery as a service market is projected to reach from USD 0.66 Billion in 2024 to USD 14.45 Billion in 2035, at a CAGR of 32.4%. The battery as a service market is gaining momentum due to the increasing adoption of EVs, as …
Indian passenger vehicle sales were 4.1 million units in 2023 and are expected to reach 6.0 million units in 2030, at a CAGR of 5.6% from 2023 to 2030. The India automotive (PV+CV) market is expected to grow from 5.1 million units in 2023 to …
As the global transition toward electric mobility accelerates, the EV Battery Market has emerged as the cornerstone of innovation and investment. From advanced chemistry breakthroughs to next-gen charging systems, battery technology is reshaping the automotive landscape. The Rise of Solid-State Battery Technology One of the …
The Engines and Gensets Outlook highlights that both industries are experiencing significant growth driven by the rising demand for fuel-efficient, low-emission engines and reliable power solutions. Engine, which convert fuel into mechanical energy, play a crucial role in industries such as automotive, marine, aerospace, and …
The global EV battery recycling market, by value, is estimated to be USD 0.54 Billion in 2024 and is projected to reach USD 23.72 Billion by 2035, at a CAGR of 40.9% from 2024 to 2035. The EV battery recycling market is driven by the …
The autonomous forklift market size is projected to grow from an estimated USD 2.73 billion in 2025 to USD 5.07 billion by 2032 at a CAGR of 9.3% over the forecast period. The growth of the autonomous forklift market is influenced by factors such as …
The global Advanced Driver Assistance Systems (ADAS) Market is evolving rapidly as automakers race to deliver smarter, safer, and more convenient driving experiences. From ADAS software innovations to breakthroughs in sensor fusion and automated driving systems like highway pilot, Drive Pilot, and ProPILOT, the industry …
The global Automotive Gears Market is experiencing a transformative phase, driven by increasing demand for enhanced vehicle performance, fuel efficiency, and smoother driving experience. As electric and hybrid vehicles continue to gain traction, innovative solutions in Vehicles Gear, Automotive Gearbox, and Transmission Gears are reshaping …
The Compact Construction Equipment market is projected to grow from USD 39.52 billion in 2025 to USD 56.05 billion by 2032, at a CAGR of 5.1%. The compact construction equipment industry is expanding in North America due to increased regional residential and infrastructure spending, population …
The global XEV aftermarket was USD 59.00 billion in 2024 and is expected to reach USD 195.07 billion in 2035, at a CAGR of 11.5% from 2024 to 2035. The future of XEV Aftermarket is driven by a rapidly increasing xEVs in global vehicles, rising …
The automotive piston market is projected to grow from USD 2.46 billion in 2025 to USD 2.79 billion by 2035, at a CAGR of 1.3% during the forecast period. The growth of the automotive piston market is driven by steady global demand for internal combustion …
The global automotive aftermarket was USD 674.61 billion in 2024 and is projected to reach USD 804.87 billion by 2030, at a CAGR of 2.9% during the same period. The global automotive aftermarket is driven by the increasing age and mileage of EVs across all …
The global engines market is projected to reach USD 477.89 billion by 2029 from an estimated USD 377.24 billion in 2024, at a CAGR of 4.8% during the forecast period. The driving factor behind this growth is the growing demand for fuel-efficient and low-emission engines …
China Semiconductor Market for Automotive reached USD 419.15 billion in 2024, from USD 280.81 billion in 2020, with a CAGR of 8.9%. China’s semiconductor market for the automotive sector is rapidly expanding, driven by the country’s status as the world’s largest electric vehicle (EV) market …