Connected Tires Market Size, Share, Growth, Report 2028
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. The need for connected tires is being driven by rising road safety standards and more functions in cars. Connected tires provide increased road safety with capabilities including temperature detection, tread wear analysis, and tire pressure monitoring. Tire problems...
Automotive TIC Market Size, Share & Growth Forecast 2028
The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%.
Global demand for automotive TIC services is anticipated to be driven by the growing need for safer, more effective, and fuel-efficient mobility alternatives. For example, the growing need for safer and more ecologically friendly electric mobility is predicted...
Automatic Tire Inflation System Market Size & Share Report 2028
The automatic tire inflation system industry size is projected to grow from USD 82 million in 2023 to USD 138 million by 2028, at a CAGR of 10.7% during the forecast period.
Growth prospects would arise from the growing need for ATIS in heavy-duty vehicles and agricultural tractors to prolong tire life and minimize accidents caused by tire blowouts.
During the projection period, the largest...
Automotive Seats Market Size, Share, Growth, Trends & Forecast 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 automobile seating sector has been impacted by the rising demand for premium vehicles and mid- and full-size SUVs. As a result, seating systems with more sophisticated features, greater capacity, customization possibilities, and safety...
Robotaxi Market Size, Share, Analysis & Forecast Report 2030
The global robotaxi market, 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.
Rising demand for ride-hailing services, significant R&D expenditures, government emphasis on lowering emissions, infrastructure development, and the expansion of vehicle electrification all have an impact on the robotaxi...
Electric Powertrain Market Size & Share Report 2030
The electric powertrain industry 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 market for electric powertrains is driven by the rising demand for electric vehicles, which is in turn impacted by factors including stricter emission regulations and government assistance in the form of tax breaks and subsidies to encourage...
EV Cables Market Size, Share, Trends, Growth and Forecast 2028
The Global EV Cables Market Size is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028
Rising fuel prices and the resulting desire for electric vehicles are the main drivers propelling the EV cable market’s expansion. Additionally, the market for EV cables is anticipated to rise as a result of the manufacturers’ intensive R&D efforts to...
Automotive Green Tires Market Size, Share, Demand & Growth Forecast 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 high demand for low rolling resistance tires is one of the key factors driving the growth of the green tires market. Low rolling resistance tires are designed to reduce the amount of energy required for a tire to roll, which can lead to improved fuel...
Automotive Interior Market Size, Share, Trends, Demand & Forecast 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,...
Wireless EV Charging Market Size, Share, Growth, Trends & Forecast 2030
The global 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 need for wireless EV charging solutions is anticipated to rise in tandem with the growing emphasis on e-mobility and the expansion of EV charging infrastructure. Additionally, the government’s strong support for emission-free electric...