Future of Automotive industry worth 104 million units by 2030, at a CAGR of 2.4%

Future of Automotive industry
The automotive industry, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%. The growth of the automotive industry is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along with installation of fast and ultra-fast charging...

Car as a Connected Living Ecosystem Size, Share, Trends & Forecast 2035

Car as a Connected Living Ecosystem
The Car as a Connected Living Ecosystem is estimated to grow from $8 billion in 2023 to more than $1.5 trillion by 2035 at the CAGR of 54.5%. Factors such as technology developments and advanced connectivity levels across automotive OEMs and customer perceptions & service expectations from connected cars are driving the growth of the car as a connected living ecosystem market. Customers, especially...

Car as a Connected Living Ecosystem to Hit worth $1.5 trillion by 2035

Car as a Connected Living Ecosystem
The automotive industry is undergoing a profound transformation, driven by the convergence of technology and mobility. The car is no longer merely a transportation device; it’s evolving into a connected living ecosystem, offering a range of services and features that enhance the driving experience and integrate seamlessly with our digital lives. Market Size and Share The market for connected...

Car as a Connected Living Ecosystem Size, Share, Trends | Forecast [2035]

Car as a Connected Living Ecosystem
The Car as a Connected Living Ecosystem Size is estimated to grow from $8 billion in 2023 to more than $1.5 trillion by 2035 at the CAGR of 54.5%. Factors such as technology developments and advanced connectivity levels across automotive OEMs and customer perceptions & service expectations from connected cars are driving the growth of the car as a connected living ecosystem market. Customers,...