The Future of E-Powertrain Market: Driving the Next Era of Electric Mobility
The e-powertrain market will likely grow from 18,181 thousand units in 2024 to 51,288 thousand in 2032, at a CAGR of 13.8%.
As the global automotive industry accelerates its shift toward electrification, electric powertrain technologies are emerging as a critical enabler of cleaner, smarter, and more efficient mobility. From EV powertrains and electric drivetrains to advanced hybrid powertrains,...
Electric Scooter Motor Market Size & Share Analysis Report 2030
The global In-wheel motor is projected to grow from USD 416.0 million in 2024 to USD 1,201.2 million by 2030, registering a CAGR of 19.3%.
The surging popularity of electric two-wheelers, due to their affordability, convenience, and eco-friendliness, is directly fueling the demand for electric scooter motors. Advancements in motor technology, resulting in improved efficiency, power output, and...
Forklift Market Size, Share, Growth, Trends and Forecast 2030
The global Material handling equipment is projected to grow at a CAGR of 6.7% during the forecast period, from an estimated market size of USD 85.2billion in 2024 to USD 125.4 billion by 2030.
The growing demand for forklifts is driven by several factors, such as the growth in the e-commerce market, the rapid rise in automation in warehouses and manufacturing facilities, and the increase...
EV Connector Market Size, Share, Industry Analysis and Forecast 2030
The global EV charging connector market is projected to grow from USD 2.0 Billion in 2023 to USD 10.9 Billion by 2030, registering a CAGR of 27.1%. Electric vehicles increasingly rely on advanced electronic systems for everything from battery management, engine control, safety features, and vehicle lighting to driver assistance and infotainment. The rapid adoption of EVs and HEVs necessitates...
Automotive Lighting Market Size, Share, Trends & Forecast 2030
The Vehicle lighting market is projected to grow from USD 22.5 Billion in 2023 to USD 30.4 Billion by 2030 at a CAGR of 4.4% during the forecast period. The growing sales of luxury vehicles in developed countries and SUVs in developing countries primarily drive lighting sales. Luxury vehicles are mostly equipped with advanced lighting technologies, driving the demand of the Car lighting...
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...
EV Charging Station Market Outlook 2032: Size, Share & Growth Trends
The global EV Charging Station Market is estimated to be at USD 28.47 billion in 2025 and is projected to reach USD 76.31 billion by 2032 at a CAGR of 15.1% during the forecast period. The EV charging station market growth is driven by significant investments in charging infrastructure development. Both governments and private entities are funding the expansion of charging networks, including the...
Weigh-In-Motion System Market Size worth USD 1.8 billion by 2027
The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period.
Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) is boosting the growth of the market for weigh-in-motion system. Road safety regulations by governments especially...
Automotive Lightweight Materials Market Size worth USD 101.5 billion by 2027
The automotive lightweight materials market is projected to grow from USD 73.9 billion in 2022 to USD 101.5 billion by 2027, at a CAGR of 6.5% for the same period. The base year for the report is 2021, and the forecast period is from 2022 to 2027.
The automotive lightweight materials market is expected to grow mainly due to increasing stringency in emission norms and the rising bar for fuel-efficient...
Automotive Steering System Market worth $39.5 billion by 2027
The Automotive Steering System market is projected to grow from USD 35.3 billion in 2022 to USD 39.5 billion by 2027, at a CAGR of 2.3% over the forecast period.
The rapid adoption of Electric Vehicles (EVs) worldwide creates a huge demand for Electrical Power Steering (EPS) and Steer-by-Wire (SbW) steering systems. Integration of Advanced Driver Assistance Systems (ADAS) with EPS has helped OEMs...