Second Life EV Battery Market Size, Share & Trends [2030]
The second life EV battery market is estimated at ~25-30 GWH in 2025 and is projected to reach ~330-350 GWH in 2030 at a CAGR of ~65% during the forecast period. Electric vehicles (EVs) have experienced remarkable growth over the past three to four years, driven by strong demand, particularly in the passenger vehicle segment.
As global electric passenger & commercial vehicle sales surge...
Automotive Rubber Seals Market Size, Share & Trends [2032]
The automotive rubber seals market is projected to reach USD 10.74 billion by 2032 from USD 8.40 billion in 2025, with a CAGR of 3.6%. The automotive rubber seals market is expanding as vehicle design shifts toward electrification, aerodynamics, and acoustic comfort. EVs, in particular, demand aero-efficient and noise-insulating seals to offset the absence of engine masking noise and to maximize battery...
Vehicle Subscription Services Market Size, Share & Trends [2035]
The global vehicle subscription services market size is valued at USD 4,822.8 million in 2024 and is expected to reach USD 22,008.3 million by 2035, at a CAGR of 13.6%, during the forecast period 2024-2035. The vehicle subscription model is gaining significant traction worldwide, driven by converging trends that reflect changing consumer habits, technological advancements, and market forces. Central...
Automotive Automatic Transmission Market Size, Share, Growth, and Trends | Forecast to 2028
The Automotive Automatic Transmission Market is witnessing strong growth globally, propelled by the rising demand for enhanced driving comfort, improved fuel efficiency, and advanced vehicle performance. According to MarketsandMarkets, the Automotive Automatic Transmission Market is expected to grow significantly in the coming years, driven by the rapid adoption of automatic and dual-clutch systems...
Electric Truck Market Size, Share, Trends and Forecast to 2032
The global electric truck market size is projected to grow from approximately USD 5.25 billion in 2025 to USD 32.13 billion by 2032, at a CAGR of 29.5 % over the forecast period.
This expansion is driven by growing electrification of commercial vehicle fleets, stricter emission regulations, and greater viability of battery-electric truck solutions across light, medium and heavy-duty segments.
Market...
Self-Driving Cars Market Size, Share, Trends, Growth and Forecast to 2035
The global Self-Driving Cars Market Size (covering semi-autonomous and autonomous passenger vehicles) is projected to rise from approximately 37,090 thousand units in 2024 to 76,217 thousand units in 2035, representing a CAGR of 6.8% over the period.
This growth is powered by increasing adoption of ADAS features, regulatory pressure for vehicle safety, improved sensor and AI technologies, and the...
Hydrogen Truck Market Size, Share, Trends, Growth and Forecast to 2035
The global Hydrogen Truck Market is projected to grow from USD 1.9 billion in 2024 to USD 10.8 billion by 2035, representing a CAGR of 16.9% during the forecast period.
This growth is driven by the shift in commercial heavy-duty transport toward zero-emission solutions, the expansion of hydrogen infrastructure, and advancements in fuel cell technology that improve truck performance, range and payload...
Autonomous Driving Software Market Worth USD 7.0 billion in 2035
The global Autonomous Driving Software Market Size is projected to grow from USD 1.8 billion in 2024 to USD 7.0 billion by 2035, at a CAGR of 13.3 %.
This growth reflects the rising importance of software platforms for vehicles transitioning from advanced driver assistance systems (ADAS) to higher autonomy levels (L2+, L3, L4) and commercial solutions.
Market Overview: Size & Share Insights
According...
Electric Commercial Vehicle Market worth USD 248.20 billion by 2030
The global Electric Commercial Vehicle market size is projected to grow from USD 60.48 billion in 2024 to USD 248.20 billion by 2030, at a robust CAGR of 26.6% over the forecast period.
This surge is driven by tightening emissions regulations, fleet electrification in logistics, and improving battery and charging technologies that make electric commercial vehicles more viable for heavy-duty, medium-duty...
Automotive Sensor Fusion Market Size worth USD 3.3 billion by 2030
The global Automotive Sensor Fusion Market Size is projected to expand from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, representing a CAGR of approximately 42.4% over the forecast period.
This strong growth is driven by the rising demand for advanced driver assistance systems (ADAS), higher levels of vehicle automation (L2, L3, L4), stringent safety regulations and consumer expectations...