Automotive Diagnostic Scan Tools Market worth USD 41.4 billion by 2026
The Automotive Diagnostic scan tools Market is estimated to be USD 33.1 billion in 2021 and is projected to reach a market size of USD 41.4 billion by 2026, growing at a CAGR of 4.5% during the forecast period.
The major factors behind the growth of the global automotive diagnostic scan tools market are the growing preference of consumers for high-end cars, rising stringent emission norms and an...
Automotive Interior Market Size worth USD 194.8 billion by 2028
The global automotive interior market, by value, is estimated to be USD 157.4 billion in 2023 and is projected to reach USD 194.8 billion by 2028, at a CAGR of 4.4% from 2023 to 2028.
The growth of the automotive interior market is influenced by various factors such as Increasing customer preference for convenience, premium features, and advanced safety features, Integration of smartphone connectivity,...
SUV Market Size, Share, Growth, Trends, Analysis and Forecast 2030
The SUV market is projected to reach USD 1,221.7 billion by 2027 from USD 885.8 billion in 2022, at a CAGR of 6.6%. The growth of the market includes the advanced comfort and automatic safety features premium SUVs offer, and the benefits like better maneuverability, larger space, and better comfort compared with sedans, are drawing the consumer inclination towards compact SUVs in developing...
Electric Utility Vehicle Market Size, Share, Growth, Trends, Report 2027
The electric utility vehicle market is projected to grow from USD 18.9 billion in 2022 to USD 23.9 billion by 2027, registering a CAGR of 4.8%. Electric all-terrain vehicles (ATVs), utility task vehicles (UTVs), utility carts, shuttle carts, and industrial utility vehicles were mapped as part of this research. Growing demand for low-emission alternatives to off-road vehicles (e.g., ATVs...
EV Platform Market Size, Share, Growth & Demand 2030
The EV platform market is estimated to grow from USD 9.0 billion in 2022 to USD 68.0 billion by 2030 at a CAGR of 28.7% over the forecast period. Increase in demand for electric vehicles globally, a shift from conventional ICE vehicles to electric vehicles, continuously declining prices of Li-ion batteries, and ease of development and use the EV platforms compared to electric vehicle models....
Quantum Computing in Automotive Market Size, Share, Growth, Report 2035
The quantum computing in automotive market is estimated to grow from USD 143 million in 2026 to USD 5,203 million by 2035, at a CAGR of 49.0% from 2026 to 2035. The growth of this quantum computing in automotive market is driven by rising investment by automotive companies to deploy advanced & innovative technology to solve complex problems and increasing government focus on evolving...
Asia Pacific Electric 3-Wheeler Market Size, Share, Trends, Analysis & Forecast 2028
The Asia pacific electric three-wheeler market is projected to grow from USD 813 million in 2023 to USD 892 million by 2028, registering a CAGR of 1.9%. Government policies have encouraged the production of electric three-wheelers, making them more accessible and affordable. Environmental concerns related to air pollution have also increased the demand for electric three-wheelers, which...
Electric Powertrain Market Size, Share & Growth Report 2030
The electric powertrain market is estimated at USD 96.7 billion in 2023 and is projected to reach USD 230.5 billion by 2030, at a CAGR of 13.2%. Attractive incentives by governments for mass adoption and domestic production of electric vehicles, increasing demand for electric cars, and the decreasing cost of electric powertrains will drive the market.
The increasing electric car fleet...
EV Cables Market Size, Share, Trends, Growth and Forecast 2028
The global EV cable market size was valued at USD 8.6 billion in 2023 and is expected to reach USD 19.0 billion by 2028 at a CAGR of 17.2% during the forecast period 2023–2028. EV cables perform different functions in electric vehicles as they aid in signal transmission and powering up of different electronic and electrical devices. EV cables have been the central function of transmitting...
Electric Construction Equipment Market Size, Share, Trends, Growth & Forecast 2030
The global electric construction equipment market is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% during the forecast period. The electric construction equipment market has shown significant growth recently. The market growth is primarily driven by the increasing demand to minimize exhaust emissions from construction equipment, reduce ventilation...