Global Automotive Outlook Size, Share, Trends, Technology & Growth 2025
Global light vehicle sales were 84.0 million units in 2024 and are projected to 85.1 million units in 2025, witnessing a YoY growth of 1.3% from 2024 to 2025.
The growth of light vehicle sales is influenced by various factors, such as the adoption of electric vehicles, especially hybrid vehicles, the development and manufacturing of long-range batteries, the introduction of autonomous vehicles...
Battery as a Service Market Size, Share & Forecast Analysis 2035
The global battery as a service market size is projected to reach from USD 0.66 Billion in 2024 to USD 14.45 Billion in 2035, at a CAGR of 32.4%.
The battery as a service market is gaining momentum due to the increasing adoption of EVs, as part of the global shift toward sustainable transportation. Additionally, government policies, such as subsidies and tax incentives, are encouraging the development...
Future of Automotive in India Size, Share, Trends and Forecast 2030
The India automotive (PV+CV) market size is expected to grow from 5.1 million units in 2023 to 7.5 million units in 2030, at a CAGR of 5.7%.
The future of automotive in India is driven by a rapidly increasing middle class with higher disposable incomes, fast adoption of shared mobility, the launch of affordable cars with lucrative design features, and the government actively pursuing policies for...
EV Battery Recycling Market Size, Share, Report 2035
The global EV battery recycling market, by value, is estimated to be USD 0.54 Billion in 2024 and is projected to reach USD 23.72 Billion by 2035, at a CAGR of 40.9% from 2024 to 2035.
The EV battery recycling market is driven by the dual objectives of reducing environmental impact and addressing resource scarcity, particularly for lithium, cobalt, and nickel. Recycled materials are often...
Autonomous Forklift Market Size, Share, Trends & Report 2032
The autonomous forklift market size is projected to grow from an estimated USD 2.73 billion in 2025 to USD 5.07 billion by 2032 at a CAGR of 9.3% over the forecast period.
The growth of the autonomous forklift market is influenced by factors such as increasing labour shortages, rising warehouse automation, and the rapid expansion of e-commerce & logistics industries. Additionally, advancements...
Automotive Hypervisor Market Size & Share Report 2027
The automotive hypervisor industry size is projected to grow at a CAGR of 27.0% from 2022 to 2027, to reach USD 566 million by 2027 from USD 171 million in 2022. The basic objective of the hypervisor is to create an abstraction of various automotive functions by enabling the installation of multiple operating systems for several applications.
“Economy vehicle segment is expected to have large...
Automotive Engineering Services Market Size, Share, Demand & Growth 2028
The automotive engineering service industry size is projected to grow from 153.2 billion in 2022 to 243.9 billion by 2028, registering a CAGR of 8.1%.
The growing demand of zero-emission vehicles, advancements in technologies such as ADAS, battery management, connectivity, among others, and rising commercial transport are expected to increase the demand for automotive engineering services around...
Weigh-In-Motion System Market Size, Share, Growth & Forecast 2027
The weigh-in-motion system industry size is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period.
Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) is boosting the growth of the market for weigh-in-motion system. Road safety regulations by governments especially...
Global Engines & Gensets Industry Outlook
The global Engines and Gensets Outlook is expected to grow from estimated USD 401.95 billion in 2024 to USD 417.31 billion by 2025, at a YoY increase of 3.8%. The engines and gensets outlook highlights that both industries are experiencing significant growth driven by the rising demand for fuel-efficient, low-emission engines and reliable power solutions. Engine, which convert fuel into mechanical...
EV Platform Market Size, Share, Trends & Forecast 2030
The EV platform industry size 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.
Opportunities for expansion in the EV platform sector would arise from the preference for high-voltage and long-distance EVs, the high need for solid-state batteries in EVs, the rising desire for end-to-end software-defined vehicles, and the development...