The Rise of Software-Defined Vehicles: Transforming the Future of Automotive Technology

Software Defined Vehicle Market

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 …

Automotive Sensor Fusion Market Size, Share, Opportunities & Forecast Report 2030

Sensor Fusion Market for Automotive

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 …

ADAS Market Set to Hit $65.1 Billion by 2030

ADAS Market

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 …

Sensor Market for Automated Vehicles Size & Share Report 2030

Sensor Market for Automated Vehicles

The Sensor Market for Automated Vehicles 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 …

Electric Power Steering Market – Global Leaders & Geographical Growth

Electric Power Steering Market

The Electric Power Steering Market is estimated to grow at a CAGR of 5.4 % during the forecast period, to reach USD 33.4 billion by 2027. Increasing government norms related to air emission standards and fuel efficiency of vehicles are expected to drive the electric …

Automotive Interior Market – Development and Trends to 2027

Automotive Interior Market

The Automotive Interior Market is estimated to be worth USD 153.5 billion in 2022 and is projected to reach USD 201.2 billion by 2027, at a CAGR of 5.6% during the forecast period. Technological advancements in current automotive interior components, along with the increasing trend …

Connected Cars Market: Growth and Opportunities

Connected Car Market

The globally Connected Car Market is projected to reach $57.6 billion by 2026, from an estimated $24.0 billion in 2021, at a CAGR of 19.1% from 2021 to 2026. The roll-out of various government regulations regarding mandating safety features such as e-call, navigation, collision warning …

Weigh-In-Motion System Market – Emerging Industry Trends | Major Leaders

Weigh-In-Motion System Market

The global weigh-in-motion system market is expected to reach $1,730 million by 2027, at a CAGR of 10.5% during the forecast period. Increasing government initiatives towards intelligent transportation system and increasing public-private partnerships (PPPs), increasing traffic congestion, and low cost compared with static weigh scale …

Automotive Conformal Coatings Market – Insights and Trends

Automotive Conformal Coatings Market

The Global Automotive Conformal Coatings Market is projected to reach USD 2.7 billion by 2025 from USD 1.8 billion in 2020, at a CAGR of 8.7%. However, halt in vehicle production across the globe have impacted the automotive conformal coatings market. Despite this, owing to …

Renewable Drones Market is Thriving Worldwide with Huge Growth Opportunity 2020-2025

Renewable Drones Market

The global Renewable Drones Market size will grow to USD 148 million by 2025 (forecast year) from USD 45 million in 2020 (estimated year), at a CAGR of 27.1% during 2020-2025. The rising adoption of drones for reducing inspection, increasing focus on asset optimization are …

Commercial Vehicle & Off-Highway Radar Market Boom in Near Future!

Commercial Vehicle & Off-Highway Radar Market

The Commercial Vehicle & Off-highway Radar Market is projected to grow at a CAGR of 27.4%, by value, during the forecast period. It is estimated to be USD 153 million by 2020 and is projected to reach USD 831 million by 2027. The market growth …

Key Market Dynamics in Lighting Control System Market

The lighting control system market size is estimated to grow from USD 19.5 billion in 2019 and projected to reach USD 39.0 billion by 2024, at a CAGR of 14.8%. The most significant factor driving the growth of this market is the high requirement for …

How big is the opportunity for the Ethernet storage fabric market?

The Ethernet storage fabric market is expected to grow from USD 1.2 billion in 2019 to USD 2.3 billion by 2024, at a CAGR of 12.7% during the forecast period. Need for simplified data center management due to the architecture changes in enterprise data center, …

Low Power Consumption and Low Maintenance Cost Drives the Growth : 3D Projector Market

According to MarketsandMarkets, the global 3D projector market is estimated to grow from USD 3.1 billion in 2019 to USD 4.4 billion by 2024; at a CAGR of 7.1%. Major factors driving the growth of the 3D projector market include the increasing use of 3D …