Automotive Brake System Market Size, Share & Trends [2028]
The automotive brake system market is projected to grow from an estimated USD 23.45 billion in 2023 to USD 30.10 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 Piston Market worth USD 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...
OTR Tires Market Size, Share & Trends 2032
The global OTR tires market is projected to grow from USD 3.66 billion in 2025 to USD 5.58 billion by 2032 at a CAGR of 6.2%. OTR tires are designed to bear the weight of off-highway vehicles and offer firm traction with the road surface. Growth in construction activities and mining operations, an increase in warehouses, and growing mechanization in farming due to high labor costs are driving the...
Future of Automotive Aftermarket Size, Share, Demand & Growth Forecast 2030
The global automotive aftermarket was USD 674.61 billion in 2024 and is projected to reach USD 804.87 billion by 2030, at a CAGR of 2.9% during the same period.
The global automotive aftermarket is driven by the increasing age and mileage of EVs across all regions in the future, the rising focus on harnessing the power of vehicle telematics to offer services, and the growing adoption of digitalization...
XEV Aftermarket Size, Share, Trends, Growth & Forecast 2035
The global XEV aftermarket was USD 59.00 billion in 2024 and is expected to reach USD 195.07 billion in 2035, at a CAGR of 11.5% from 2024 to 2035.
The future of XEV Aftermarket is driven by a rapidly increasing xEVs in global vehicles, rising age and mileage of EVs across all regions in the future, rising focus on harnessing the power of vehicle telematics to offer services, the increasing adoption...
Mining Conveyor System Market Size, Share & Trends [2032]
The mining conveyor system market is projected to reach USD 359.4 million by 2032 from an estimated USD 351.7 million in 2025, at a CAGR of 0.3% during the forecast period.
The market is experiencing steady growth, driven by increasing demand for minerals and metals across the globe, particularly in rapidly industrializing economies such as India, China, and Brazil. Furthermore, environmental...
Autonomous Driving Software Market Size & Report 2035
The global autonomous driving software market size is projected to grow from USD 1.8 billion in 2024 to USD 7.0 billion in 2035, at a CAGR of 13.3%.
As automakers and technology companies plan to launch self-driving cars, demand for driving software solutions is likely to rise due to increasing investment in ADAS/AD technologies by OEMs and technology providers. The demand for L2+ vehicles is also...
Air Suspension Market Size, Share & Forecast 2030
The global Air Suspension Industry is expected to grow from USD 10.0 billion in 2024 to 13.9 billion by 2030, it is projected to grow at a CAGR of 5.6% in the forecast period. The air suspensions play a very important part in a vehicle, as they provide comfort, ride quality, and stability and also help reduce emissions by increasing fuel efficiency. Therefore, automotive OEMs invest very heavily...
Construction Equipment Market Size, Share, Trends & Analysis by 2030
The construction equipment market is projected to grow from USD 148.02 billion in 2024 to USD 186.62 billion by 2030 at a CAGR of 3.9%.
The construction equipment industry is expanding in the Asia Pacific due to growing urbanization, increased infrastructure development in Asia’s emerging economies, population expansion, and rising disposable income. Technological advancements in construction...
Hydrogen Truck Market Size and Forecast 2024 to 2035
The global hydrogen truck market size is projected to grow from USD 1.93 billion in 2024 to USD 10.79 billion by 2035 at a CAGR of 16.9% during the forecast period. The hydrogen truck market growth can be attributed to the regulatory backing and government initiatives to develop and deploy hydrogen-powered vehicles in the global market. Also, the expansion of hydrogen refuelling infrastructure and...