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...
Conveyor System Market Size, Share & Growth Forecast 2030
The global conveyor system market size is projected to grow from USD 10.4 Billion in 2024 to USD 14.8 Billion by 2030, at a CAGR of 6.0%. The conveyor system market is experiencing robust growth due to the rising growth of automation, and advancement in 5G, IoT and Artificial Intelligence. Additionally, increasing standards for safer conveyor operations with new technological developments from solution...
Future of Digital Cockpit Market Size, Share & Growth Report 2030
The digital cockpit market size is projected to reach 67 million units by 2030 from 45 million units in 2024, at a CAGR of 7.0%.
Due to the growing need for customization, multi-display options, improved safety and convenience, and the incorporation of artificial intelligence (AI) into cockpit functions, the digital cockpit has quickly become more and more popular among consumers. OEMs are constantly...
All-terrain Vehicle Market Size & Share Report 2030
The all-terrain vehicle market size is projected to grow from USD 2.9 billion in 2024 to USD 3.3 billion by 2030, at a CAGR of 2.3%. The market is rising due to increased applications for farm and military operations, advancements in AI technology, which have improved the riding experience, and safety technology for ATVs. This market has also gained popularity due to increased race events and recreational...
Autonomous Construction Equipment Market Size worth $9.77 billion by 2030
The autonomous construction equipment market size is projected to grow from USD 4.40 billion in 2024 to USD 9.77 billion by 2030 at a CAGR of 14.2%. Rising focus on advancement in equipment from the OEM side and increasing adoption of automated machinery in the mining & construction segment for operational efficiency and safety to drive the market.
The advancement in AI and machine learning...
Future of EV Manufacturing Market Size worth 46.3 million units by 2035
The Future of EV manufacturing is projected to grow from 15.7 million units in 2024 to 46.3 million units by 2035, at a CAGR of 10.3%.
OEMs confront major obstacles in the areas of scalability, time to market, technological integration, and—above all—capital investment as sales of electric vehicles continue to climb. Plant and platform sharing across other OEMs, manufacturing plant layout,...
EV Battery Testing Market Size worth USD 9.51 billion in 2030
The EV battery testing market size is estimated to grow from USD 3.35 billion in 2024 to USD 9.51 billion in 2030 at a CAGR of 19.0% during the forecast period. Regulatory requirements and safety standards are becoming stricter worldwide, compelling manufacturers to conduct comprehensive testing to meet compliance norms. The rising focus on battery innovation, including the development of solid-state,...
Truck Refrigeration Unit Market Size worth $8.83 billion by 2030
The Truck refrigeration unit industry is projected to grow from USD 6.83 billion in 2024 to USD 8.83 billion by 2030, at a CAGR of 4.4%. The growth of this market is primarily driven by the rising demand for perishable goods as consumer preferences for fresh produce, dairy, and pharmaceuticals continue to increase, leading to increased global trade.
The independent refrigeration units, which are...
Global Automotive Outlook worth 85.1 million units in 2025
Light vehicle sales worldwide are expected to increase by 1.3% year over year from 2024 to 2025, from 84.0 million units in 2024 to 85.1 million units in 2025.
A number of factors, including the adoption of electric vehicles, particularly hybrids, the development and production of long-range batteries, the introduction of autonomous vehicles and the steps OEMs are taking to commercialize them,...
Future of Indian Automotive Industry Growth & Trends 2030
At a compound annual growth rate (CAGR) of 5.6% from 2023 to 2030, Future of Automotive in India are predicted to reach 6.0 million units in 2030 from 4.1 million units in 2023. At a compound annual growth rate (CAGR) of 5.7%, the India automotive (PV+CV) market is projected to increase from 5.1 million units in 2023 to 7.5 million units in 2030.
A rapidly growing middle class with more disposable...