The EV platform market is estimated to grow from USD 9.0 billion in 2022 to USD 68.0 billion by 2030 at a CAGR of 28.7% over the forecast period. Preference for high-voltage and long-distance range EVs, high demand for solid-state batteries in EVs, growing demand …
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 V2X cybersecurity market is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%. The advancement in connected car technology and the expansion of the automotive V2X market are key drivers contributing to the revenue …
The global fire truck market is estimated to grow from USD 8.1 billion in 2024 to USD 9.6 billion by 2030, at a CAGR of 2.7%. Rapid urbanization, infrastructural development, safety regulations for fire safety, technological improvements, and increase in government spending are projected to …
The Truck Refrigeration Unit market is projected to grow to USD 8.83 billion by 2030 from USD 6.83 billion in 2024, at a CAGR of 4.4% from 2024 to 2030. The growing demand for perishable goods, including food items, beverages, medicines & drugs, primarily drives …
The global self-driving cars market is projected to reach from 37,090 thousand units in 2024 to 76,217 thousand units in 2035, at a CAGR of 6.8%. The self-driving cars market is poised for significant growth, driven by advancements in sensor technologies like LiDAR and radar, …
The EV battery testing market is estimated to grow from USD 3.35 billion in 2024 to USD 9.51 billion in 2030 at a CAGR of 19.0% during the forecast period. The EV battery testing market is driven by growing demand for electric vehicles. Growing concerns …
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 …
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 …
As the world transitions into a new era of smart infrastructure, renewable energy, and digitized power systems, the demand for advanced electrical distribution is booming. One technology leading this transformation is the bus duct system—a robust alternative to traditional cabling that’s redefining industrial power distribution …
Fire trucks are the unsung heroes of our emergency response systems, evolving continually to meet the demands of modern firefighting. As technology advances and urban landscapes grow, the fire truck market is experiencing significant changes. Understanding the current trends and future projections in this sector …
The automotive industry is undergoing a significant transformation, and at the forefront of this change is the emergence of software-defined vehicles (SDVs). As vehicles become increasingly connected, autonomous, and electric, the role of software in driving innovation and efficiency is growing rapidly. Understanding the dynamics …
The global Sensor fusion market for automotive is projected to grow from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, registering a CAGR of 42.4%. The sensor fusion market for automotive is experiencing a remarkable surge in growth, revolutionizing the global automotive …
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 …