Vehicle Subscription Services Market Size, Share & Trends [2035]
The vehicle subscription services market is expected to grow from USD 4,822.8 million in 2024 to USD 22,008.3 million by 2035, with a CAGR of 13.6%. The vehicle subscription model is gaining significant traction worldwide, driven by converging trends that reflect changing consumer habits, technological advancements, and market forces. Central to this shift is the growing reluctance to make long-term...
Electric Vehicle Market Size, Share, Growth, Analysis by 2030
The global electric vehicle market is projected to grow from USD 396.49 billion in 2024 to USD 620.33 billion by 2030 at a CAGR of 7.7%. Many factors are collectively driving the electric vehicle market. The most important of these is the reduction of the total cost of ownership through lower fuel and maintenance costs than traditional internal combustion engine (ICE) vehicles. The energy density...
South-East Asia Two-wheeler e-Axle Market worth $584 million by 2032
South-East Asia Two-wheeler e-Axle Market is expected to reach USD 584 million by 2032, from USD 227 million in 2025, with a CAGR of 14.45%.
In South-East Asia, hub-mounted e-axles dominate the market due to their low cost, ease of integration, and minimal maintenance making them ideal for mass-market electric scooters used in urban commuting and delivery fleets. However, a shift toward adoption...
Vehicle Subscription Services Market Size, Share & Trends [2035]
The vehicle subscription services market is expected to grow from USD 4,822.8 million in 2024 to USD 22,008.3 million by 2035, with a CAGR of 13.6%. The vehicle subscription model is gaining significant traction worldwide, driven by converging trends that reflect changing consumer habits, technological advancements, and market forces. Central to this shift is the growing reluctance to make long-term...
Electric Light Commercial Vehicle Market worth $116.60 billion by 2032
The electric light commercial vehicle market is projected to reach USD 116.60 billion by 2032 from USD 24.49 billion in 2025 at a CAGR of 25.0% during 2025–2032.
Electric light commercial vehicles (eLCVs) are rapidly becoming the mainstream choice, particularly for last-mile delivery and intra-city logistics, where predictable routes and high urban mileage make electrification cost-effective....
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...
Advanced Ceramics Fueling the Automotive Sector’s Green Revolution
In the ever-evolving automotive industry, materials innovation plays a crucial role in achieving higher performance, durability, and sustainability. Among the most transformative advancements is the growing adoption of automotive ceramics—high-performance materials that meet the increasing demands of modern vehicles.
As automakers embrace electrification, emission reduction, and lightweight...
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...