Electric Car Market 2025: Driving Sustainable Mobility and Revenue Growth
The global electric car market is experiencing robust expansion as advances in technology and consumer demand for sustainable transportation redefine automotive landscapes worldwide. Business leaders and market strategists must navigate evolving regulatory, competitive, and infrastructure dynamics to capture share in this high-growth segment.
Executive Summary
The global electric vehicle market...
Robotaxi Market Size, Share, Growth | Industry Report 2030
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 industry is influenced by the rising demand for ride-hailing services, high R&D investments, and government focus on reducing emissions, infrastructure development, and growth of the electrification...
Electronic Parking Brake System Market Size, Share & Trends [2025-2032]
The electronic parking brake system market size was valued at USD 2.51 billion in 2025 and is expected to reach USD 4.70 billion by 2032, at a CAGR of 9.4%, during the forecast period 2025-2032.
Increasing electrification of vehicles, particularly in hybrid and battery-electric models, and growing production of ICE vehicles are creating strong demand for electronic parking brakes, as they...
Automotive Piston Market worth $2.79 billion by 2035
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 engine vehicles, stringent emissions norms, and a focus on fuel efficiency. Asia Pacific holds the largest market share, with rising demand for...
Occupant Classification System Market worth $3.95 billion in 2032
The global occupant classification system market is projected to reach USD 3.95 billion in 2032 from USD 4.00 billion in 2025 at a CAGR of -0.2%.
The occupant classification system (OCS) market is set for notable growth due to increasing consumer demand for enhanced safety features in vehicles and stringent safety regulations that require effective occupant protection systems. Additionally, the...
Automotive Interior Market worth $205.77 billion by 2032
The global automotive interior market is estimated to be USD 176.44 billion in 2025 and is projected to reach USD 205.77 billion by 2032, at a CAGR of 2.2% during the same period.
The growth of the automotive interior market is influenced by various factors, including rising consumer demand for convenience, premium features, and advanced safety technologies. Increasing integration of smartphone...
China Semiconductor Market for Automotive worth $419.15 billion in 2024
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 and strong government support for new energy vehicles. Automakers are intensely focused on advancing...
Electric Truck Market worth $32.13 billion by 2032
The electric truck market is estimated at USD 5.25 billion in 2025. It is projected to grow at a CAGR of 29.5%, reaching USD 32.13 billion by 2032.
The electric truck market is swiftly evolving as governments and fleets push for cleaner freight solutions. With prominent players such as AB Volvo and BYD rolling out models for urban delivery and long-haul routes, adoption is accelerating. For instance,...
Advanced Tires Market Size, Share & Trends [2030]
The advanced tires market size is estimated to grow from USD 1.3 billion in 2023 to reach USD 3.2 billion by 2030 at a CAGR of 14.4% over the forecast period.
The growth of the advanced tires market is influenced by factors such as increasing government regulations related to tire emissions and brakes, growing consumer preference for advanced safety and convenience features, rising sales of electric...
Electric Construction Equipment Market worth $6.07 billion by 2032
The electric construction equipment market is projected to reach USD 6.07 billion by 2032, from USD 2.45 billion in 2025, with a CAGR of 13.8%.
The adoption of electric construction and mining equipment faces several challenges, restraining the market and slowing its growth. The higher initial purchase price of electric models compared to traditional diesel-powered equipment (approximately 1.75...