LiDAR Simulation Market worth $4.01 billion by 2032
The global LiDAR simulation market is projected to reach USD 4.01 billion by 2032, growing from USD 0.93 billion in 2025 at a CAGR of 23.1%.
Rapid advancements in autonomous driving technologies are driving strong demand for automotive LiDAR simulation, a critical component for achieving level 3 and higher vehicle autonomy, requiring thorough validation to ensure safety and reliability. Additionally,...
Automotive Smart Antenna Market Size, Share & Key Trends by 2030
The automotive smart antenna market is emerging as a pivotal enabler of next-generation connected vehicles, integrating communication, safety, and infotainment functions into a single, intelligent system. According to MarketsandMarkets.com, the global market for automotive smart antennas is projected to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030, at a CAGR of 10.9%. This rapid growth...
V2X Cybersecurity Market worth $778 million by 2030, at a CAGR of 51.3%
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 growth in the V2X cybersecurity market. Furthermore, the increasing prevalence of cyber-attacks on a global scale, coupled with the...
Electro Hydraulics Market for Off-Highway Equipment worth 234,487 units by 2032
The electro hydraulics market for off-highway equipment is projected to grow from 92,501 units in 2025 to 234,487 units by 2032 at a CAGR of 14.2%.
The electro hydraulics market is expanding in the Americas due to the increased focus on efficiency, precision, energy saving, and the demand for fuel-efficient hydraulics for off-highway equipment. Technological advancements in hydraulics, such as...
Car as a Connected Living Ecosystem worth $1.5 trillion by 2035, at the CAGR of 54.5%
The total Car as a Connected Living Ecosystem is estimated to grow from $8 billion in 2023 to more than $1.5 trillion by 2035 at the CAGR of 54.5%.
Factors such as technology developments and advanced connectivity levels across automotive OEMs and customer perceptions & service expectations from connected cars are driving the growth of the car as a connected living ecosystem market. Customers,...
Electric Coolant Pump Market worth $3.9 billion by 2030, at a CAGR of 12.8%
The electric coolant pump market is projected to grow from USD 1.9 billion in 2024 to USD 3.9 billion by 2030 at a CAGR of 12.8% during the forecast period.
The growth of the electric coolant pump market is influenced by factors such as growing stringency in emission regulations with decreased emission limits, where electric coolant pumps can help reduce engine load and lower emissions. Factors...
Automotive Conformal Coating Market worth $3.5 billion by 2030
The automotive conformal coating market is projected to reach USD 3.5 billion by 2030, from an estimated USD 2.0 billion in 2024, at a CAGR of 10.0% during the forecast period.
Automotive manufacturers are subject to stringent industry standards and regulations aimed at ensuring vehicle safety, reliability, and performance. These standards often mandate rigorous testing and protection of electronic...
Electric 3 wheeler Market worth $1.5 billion by 2030, at a CAGR of 2.2%
The Electric 3 wheeler Market is projected to grow from USD 1.3 billion in 2024 to USD 1.5 billion by 2030, registering a CAGR of 2.2%.
The electric 3 wheeler market has experienced notable growth in recent years, attributed to several factors including escalating fuel prices, government incentives, and the introduction of innovative technologies. As governmental regulations become increasingly...
Global Commercial Vehicle Outlook: 2025 and Beyond
The commercial vehicle sector is navigating a period of transformation, powered by advancements in alternative propulsion, digitalization, and the accelerating push for sustainable logistics. This outlook, grounded in MarketsandMarkets data, breaks down the market’s evolving trajectory, highlights high-growth technologies, and surfaces actionable...
Air Brake System Market: 2025 Update and Strategic Insights
The global air brake system market was valued at USD 3.1 billion in 2023 and is projected to reach USD 3.4 billion by 2028, growing at a CAGR of 2.2% throughout this period. This steady growth is driven by several core factors:
Increasing sales and production of commercial vehicles, especially trucks and buses
Expansion of rail networks and high-speed trains
Stringent safety...