Automotive Seat Market Size worth $58.4 billion by 2030
The Automotive seat market size is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period.
The increasing demand for mid- & full-size SUVs and luxury cars has impacted the automotive seating industry. It has led to the development of seating systems with advanced features, increased capacity, customization options, and safety...
Robotaxi Market Size worth $45.7 billion by 2030
The global robotaxi market size, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030.
The growth of the robotaxi market is influenced by the rising demand for ride-hailing services, high R&D investments, and government focus on reducing emissions, infrastructure development, and growth of the electrification...
Electric Powertrain Market worth USD 230.5 billion by 2030
The electric powertrain market size is projected to reach USD 230.5 billion by 2030 from USD 96.7 billion in 2023, at a CAGR of 13.2% from 2023 to 2030.
The electric powertrain market is driven by growing demand for electric vehicles which in turn is influenced by factors such as growing stringency in emission norms and government support in terms of tax exemptions & subsidies to promote electric...
EV Cables Market Size worth USD 19.0 billion by 2028
The global EV cables market size is projected to grow at a CAGR of 17.2% during the forecast period, to reach USD 19.0 billion by 2028 from an estimated USD 8.6 billion in 2023. Factors such as rise in pollution and environmental hazards, stringent government regulations, and stiff competition have resulted in automotive OEMs to make fuel-efficient and environment-friendly vehicles which is driving...
Hydrogen Automotive TIC Market Size to Grow $35.8 million by 2030
The global Hydrogen Automotive TIC Market is projected to grow from estimated USD 18.3 million in 2024 to USD 35.8 million by 2030, at a CAGR of 11.8% during the forecast period. The market is driven by the increasing commercialization of hydrogen technologies, growing focus on lifecycle risk assessment, and the emergence of hydrogen as a key energy carrier for future energy systems....
Hybrid Train Market Size worth 446 Units by 2030
The global hybrid train is projected to grow from 412 units in 2023 to 446 units by 2030, registering a CAGR of 1.1%. Due to increasing concerns over environmental sustainability, the demand for hybrid trains has surged to the forefront of the transportation industry. These innovative locomotives represent a pivotal step towards addressing the evolving needs of modern rail transport, where efficiency,...
Automotive Green Tires Market Size worth $15.8 billion by 2028
The global automotive green tires market size is projected to grow from USD 11.5 billion in 2023 to USD 15.8 billion by 2028, at a CAGR of 6.5%. The automotive green tires market is driven by the increasing demand for new and advanced tire technologies is one of the key factors driving the growth of the green tires market. These technologies offer a number of benefits over traditional tires such as...
Electric Light Commercial Vehicle Market worth 3,919.3 thousand units by 2030
The global electric light commercial vehicle market size is projected to grow from 333.6 thousand units in 2022 to 3,919.3 thousand units by 2030, at a CAGR of 36.1%.
Factors such as rising demand for zero-emissions commuting and government support for low-emission vehicles through subsidies and tax breaks have resulted in automakers embracing EVs and the expansion of the electric light commercial...
Electric Vehicles Wireless Charging Market Size Worth USD 1279 million by 2030
The global the wireless charging market for electric vehicles size is projected to grow from USD 80 Million in 2023 to USD 1279 Million by 2030, at a CAGR of 48.4%. The development towards fast-charging infrastructure, combined with the several advantages pertaining to wireless charging over wired charging, are expected to drive the wireless charging market for electric vehicles. Additionally,...
Electric Construction Equipment Market Size worth USD 44.8 billion by 2030
The Electric Construction Equipment Market is estimated to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030 at a CAGR of 23.6% over the forecast period. Strict emission regulations, advancements in battery technology, and the introduction of noise regulations will drive the development of the Electric Construction Equipment Market during the forecast period.
Rising government initiatives...