Industrial Vehicles Market Size worth USD 56.7 billion by 2030
The global industrial vehicles market size is projected to grow from USD 49.2 Billion in 2024 to USD 64.3 Billion by 2030, at a CAGR of 4.6%. The industrial vehicles market is experiencing steady growth due to increased automation and efficiency demands in warehouses and manufacturing facilities. Additionally, the expansion of e-commerce and logistics sectors drives the demand for material handling...
Electric 3 wheeler Market Size Worth USD 1.5 billion by 2030
The electric 3 wheeler market is projected to grow from USD 1.3 billion in 2024 to USD 1.5 billion by 2030, at a CAGR of 2.2%. With the increasing stringency of government mandates, 3 wheeler manufacturers’ focus has shifted to efficiency, emission-free propulsion, innovative technologies, and revised environmental standards. The growing adoption of electric 3 wheelers with improving charging...
AVAS Market Size Worth USD 1.7 billion by 2030
The global AVAS market is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%. The AVAS market is driven by the increasing adoption of electric vehicles and hybrid electric vehicles, which, while beneficial for reducing emissions, are often too quiet at low speeds, posing a risk to pedestrians, especially those who are visually impaired. Regulatory mandates...
Automotive Conformal Coating Market Size Worth USD 3.5 billion by 2030
The automotive conformal coating market is projected to reach USD 3.5 billion by 2030, from an estimated USD 2.0 billion in 2024, at a CAGR of 10.0% during the forecast period.
The rising consumer demand for safety, comfort, and convenience in vehicles is increasingly reflected in the overall price and design of modern automobiles. While traditional criteria for car purchases centered around power,...
Future of SUV Market Size worth 53 million units by 2030
The SUV market is projected to reach 53 million units by 2030 from 41 million units in 2024, at a CAGR of 4.4%.
The SUV segment has rapidly gained popularity among consumers owing to its road presence, space & size, stylish design, and advanced safety and comfort features. Mid-size and full-size SUVs with in-cabin safety and comfort features such as 4WD/AWD, automatic transmission, advanced...
Future of Automotive industry Size worth 104 million units by 2030
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...
Microcars Market worth USD 49.00 billion by 2032
The microcars market is projected to grow from USD 36.75 billion in 2025 to USD 49.00 billion by 2032 at a CAGR of 4.2%.
The microcars market is expanding in Asia due to increased urbanization; population shifts from rural to urban areas, and the ongoing developments in electric & hybrid technology. Technological advancements in microcars, such as connected car features and integration of width...
Automotive Piston Market worth USD 2.79 billion by 2035
The automotive piston market is projected to grow from USD 2.46 billion in 2025 to USD 2.79 billion by 2035, at a CAGR of 1.3% during the forecast period.
The growth of the automotive piston market is driven by steady global demand for internal combustion engine vehicles, stringent emissions norms, and a focus on fuel efficiency. Asia Pacific holds the largest market share, with rising demand for...
Future of Automotive Aftermarket Size, Share, Demand & Growth Forecast 2030
The global automotive aftermarket was USD 674.61 billion in 2024 and is projected to reach USD 804.87 billion by 2030, at a CAGR of 2.9% during the same period.
The global automotive aftermarket is driven by the increasing age and mileage of EVs across all regions in the future, the rising focus on harnessing the power of vehicle telematics to offer services, and the growing adoption of digitalization...
XEV Aftermarket Size, Share, Trends, Growth & Forecast 2035
The global XEV aftermarket was USD 59.00 billion in 2024 and is expected to reach USD 195.07 billion in 2035, at a CAGR of 11.5% from 2024 to 2035.
The future of XEV Aftermarket is driven by a rapidly increasing xEVs in global vehicles, rising age and mileage of EVs across all regions in the future, rising focus on harnessing the power of vehicle telematics to offer services, the increasing adoption...