The global ride-sharing market is projected to grow at a CAGR of 16.6% during the forecast period, from an estimated USD 85.8 billion in 2021 to USD 185.1 billion by 2026. Increasing the daily commute of passengers for short-distance city travel, constantly increasing fuel prices, …
The global automotive LiDAR market was valued at USD 555 million in 2022 and expected to reach USD 8,611 million by 2030 and grow at a CAGR of 40.9% over the forecast period (2022 – 2030). Factors such as increasing sales of high-end vehicles, along …
The Semi-Trailer Market is estimated to be USD 29.5 billion in 2020 and is projected to grow to USD 41.2 billion by 2025, at a CAGR of 5.6% during the forecast period. The semi-trailer market is primarily driven by the ever-growing need for improved transportation …
The Driving Simulator Market is projected to grow at a CAGR of 7.2% from USD 1.5 billion in 2020 to USD 2.1 billion by 2025. The growth of the driving simulator market can be attributed to the increasing demand of skilled drivers due to high …
The global baggage handling system market is projected to reach USD 10.3 billion by 2025 from USD 7.5 billion in 2020, at a CAGR of 6.6%. The growing focus on improving air connectivity and the development of intermodal transport will drive the baggage handling system …
The automotive data logger market is projected to grow at a CAGR of 7.0% during the forecast period, from USD 3.1 billion in 2020 to USD 4.4 billion by 2025. The increasing production of electric vehicles and autonomous vehicle testing and the increasing electronic architecture …
The Automotive Airbag Silicone Market is projected to grow from USD 239 million in 2020 to USD 534 million by 2025 in terms of value, at a CAGR of 17.5%. Stringent safety regulations, along with increasing installations and growing demand for frontal, curtain/side, and knee …
The automotive telematics market was valued at USD 8.8 billion in 2022 and is expected to reach USD 15.5 billion by 2027, at a CAGR of 12.1% during the forecast period 2022 to 2027. An increase in efforts by the government for developing an intelligent …
The global Automotive Piston Pin Market size is projected to grow from USD 259 million in 2020 to reach USD 314 million by 2025, at a CAGR of 4.0%. The growth of the piston pin market can be attributed to the substantial production and sales …
The Vehicle Electrification Market is projected to grow at a CAGR of 11.9% to reach USD 129.6 billion by 2025 from USD 73.7 billion Owing to various benefits offered by electrification such as decreased vehicle weight, lower emissions, increased fuel efficiency, improved driving comfort, and safety …
The global automotive glazing market size is estimated to be USD 1.0 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 9.9%. The market will be driven primarily because of the increase in demand for vehicle weight …
The global automotive axle & propeller shaft market size is projected to grow at a CAGR of 3.2% during the forecast period, to reach a market size of USD 25.4 billion by 2025 from USD 21.7 billion in 2020. Increasing production of heavy commercial vehicles, …
The global automotive power electronics market size is projected to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025, at a CAGR of 4.7%. The increasing electronics content inside the vehicle for the operation of specific vehicle applications and government mandates …
The Low-Carbon Propulsion Market size is projected to grow at a CAGR of 21.5% during the forecast period, to reach 11,640 thousand units by 2027 from an estimated 2,980 thousand units in 2020. The prices of oils are highly uncertain and subject to international market …