The micromotor market is projected to grow from USD 44.8 billion in 2023 to USD 68.3 billion by 2028, at a CAGR of 8.8% during the forecast period. Micromotors have wide applications in automotives, medical equipment, agriculture equipment system, aircraft systems, industrial automation processes, etc. …
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 global automotive software market size is projected to grow from USD 19.0 billion in 2023 to USD 32.3 billion by 2030, at a CAGR of 7.8%. The rise in focus towards software-defined vehicles paired with increasing penetration of ADAS features in vehicles are expected …
The global Power Rental Market size is expected to grow from USD 10.8 billion in 2024 to USD 14.2 billion by 2029, at a CAGR of 5.6% according to a new report by MarketsandMarkets™. The power rental market thrives due to its adaptability, reliability, and …
The global automotive operating system market size was valued at USD 12.7 billion in 2022 and is expected to reach USD 25.8 billion by 2030, at a CAGR of 9.2%, during the forecast period 2022-2030. Factors such as growing number of ECUs/domain controllers in vehicles, along with the …
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 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 …