Advanced Driver Assistance Systems Market Size, Share, Trends & Global Forecast by 2030
The global Advanced Driver Assistance Systems Market is projected to grow from an estimated $30.9 billion in 2022 to $65.1 billion by 2030, registering a CAGR of 9.7% from 2022 to 2030. Software and hardware providers provide ADAS systems such as adaptive cruise control, adaptive front lights, automatic emergency braking, blind spot detection, cross traffic alert, among others to various global OEMs...
Construction Equipment Market Size, Share, Trends & Forecast by 2030
According to a research report “Construction Equipment Market by Equipment Type (Excavator, Loader, Dozer, Dump Truck, Compactor, Crane), Propulsion, Power Output, Engine Capacity, Application, Electric Construction Equipment, Battery Chemistry & Region – Global Forecast to 2030″ published by MarketsandMarkets, the Construction Equipment market is projected to grow from USD...
V2X Cybersecurity Market Size, Share, Industry Trends and Global Forecast 2030
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...
Battery Swapping Market Size, Share, Trends Forecast by 2027
The global battery swapping market in terms of revenue was estimated to be worth $1.7 billion in 2022 and is poised to reach $11.8 billion by 2027, growing at a CAGR of 46.9% from 2022 to 2027. Increased demand for efficient, long-range, and low-emission vehicles is expected to boost the battery swapping market. Countries around the world are undertaking efforts to reduce emissions from vehicles in...
Automotive Fuel Cell Market Trends and Forecast by 2030
The global automotive fuel cell market size is valued at USD 0.2 billion in 2024 and is expected to reach USD 2.1 billion by 2030, at a CAGR of 48.0%. Government support toward green hydrogen technology and improving hydrogen infrastructure is expected to support the automotive fuel cell market. Furthermore, the fuel cell vehicle (FCEV) market is poised for expansion, driven by increasing demand...
E-Bike Market Size, Share, Analysis & Forecast Report, 2028
The global E-Bike market is projected to grow from USD 49.1 billion in 2023 to USD 62.3 billion by 2028 at a CAGR of 4.9%. The e-bike industry has declined in 2023 in some regions due to economic uncertainty, supply chain disruptions, and price competition due to intense competition. However, these are temporary challenges, and the market would remain positive in the long-term outlook. Though the...
Automotive Turbocharger Market Size, Share, Analysis & Forecast by 2030
The Automotive Turbocharger Market is estimated to grow from USD 15.0 billion in 2023 to USD 22.2 billion by 2028 at a CAGR of 8.1% over the forecast period.
The growth in the automotive turbocharger market is attributed to the growing fuel-efficiency targets & decreasing emission limits, and the trend toward high-performance vehicles. Due to the growing vehicle parc of turbocharged vehicles,...
Electric Vehicle Battery Market Share, Analysis, Trends & Forecast by 2033
The global Electric Vehicle Market is projected to grow from USD 132.6 billion in 2023 to USD 508.8 billion by 2033, registering a CAGR of 14.4%. Increased awareness about environmental concerns and the desire for sustainable transportation options are driving consumer interest in electric vehicles. Longer battery life, faster charging times, and increased driving ranges are influencing consumer decisions....
Automotive Brake System Market Size, Share, Trends & Global Forecast by 2028
The automotive brake system market is projected to grow from an estimated USD 23.5 billion in 2023 to USD 30.1 billion by 2028 at a CAGR of 5.1% during the forecast period.
The automotive brake system market growth is mainly driven by the regulations on stopping distance and safety standards in countries such as China, India, Brazil, the European Union, the US, and Canada, among others. Further,...
Automotive V2X Market Size, Share, Trends & Global Forecast by 2030
The global automotive V2X market is projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%.
Factors such as advancements in connected car technology, coupled with a heightened emphasis on traffic safety, supportive government initiatives, and regulatory frameworks, are anticipated to contribute significantly to the revenue growth of the automotive Vehicle-to-Everything...