Fuel Cell Powertrain Market Projected to reach 3,797 million by 2025, at a CAGR of 70.0%.
The
global Fuel Cell Powertrain Market size is
projected to grow from USD 268 million
in 2020 to USD 3,797 million by 2025, at
a CAGR of 70.0%. Increasing government initiatives for the development of
hydrogen infrastructure and rapid technological changes in the automotive industry for fuel
efficient systems are likely to boost the Fuel Cell Powertrain Market.
The key...
Automotive Differential Market Trends, Indication & Forecast to 2025
The report “Automotive Differential Market by Type (Open, Locking, LSD, ELSD, Torque Vectoring), Drive Type (FWD, RWD, AWD/4WD), ICE & Hybrid Vehicle, Off-Highway (Construction & Mining, Ag Tractor, Forklift), Component Aftermarket and Region – Global Forecast to 2025“The global automotive differential market post-COVID-19 is projected to grow at a CAGR of 4.7% from 2020...
Construction Equipment Market to Witness Huge Growth by 2027
The
Construction
Equipment Market is projected to reach USD 250.4 Billion by
2026 from USD 208.3 Billion in 2021, at a CAGR of 3.8% during the forecast
period. Asia is estimated to dominate the construction equipment market with a
share of 59.0% in 2021.
With rapid infrastructural development and
government investments in construction activities post-COVID-19
pandemic which is likely to fuel the...
Automated Parking System Market Trends and Global Forecast to 2025
The automated parking system market is estimated to be USD 1.3 billion in 2019 and is projected to grow at a CAGR of 13.1% from 2019 to 2027, to reach a market size of USD 3.6 billion by 2027. The key drivers for the market are the increasing number of vehicles, scarcity of land for parking, rising urbanization, growing demand for green & sustainable parking solutions, increasing demand for luxury...
Automotive Heat Shield Market Projected to reach $13.9 billion by 2025
The automotive heat shield market is estimated to be worth USD 11.7 billion in 2020 and is projected to reach USD 13.9 billion by 2025, at a CAGR of 3.4% during the forecast period.
The demand for automotive heat shields is highly dependent on the design, weight, material, and structure of the components and component assemblies of a vehicle. Heat shields are manufactured with a specific shape...
Electric Off-highway Vehicle Market Business Opportunities and Global Industry Analysis
The global Electric Off-Highway
Vehicle Market size in a pre-COVID-19 situation was projected to reach USD 8.8 billion in 2020 from USD 21.7
billion by 2025 (in
terms of value). However, due to COVID-19, most of the OEMs have delayed
new vehicle developments and launches. Considering the global financial
slowdown, electric off-highway vehicle manufacturers will refrain from adding
extra cost to vehicles...
Automotive Lightweight Material Market Growth Factors, Regional Analysis, and Forecast by 2025
The global Automotive Lightweight Material Market in the pre-COVID scenario was projected to grow from USD 85.2 billion in 2020 to USD 116.4 billion by 2025, at a CAGR of 7.4% during the forecast period. However, due to COVID-19, most of the countries have imposed a complete lockdown for almost more than two months, which, in turn, has impacted vehicle production. The automotive lightweight material...
Automotive Software Market to Show Strong Growth in Near Future
The global automotive software market size is projected to reach USD 40.1 billion by 2027 from USD 21.7 billion in 2022, at a CAGR of 13.1%. The growth of the market is driven by upcoming mandates such as regarding collision avoidance to drive the market.
Governments in European countries as well as in the United States have mandated the use of AEB in vehicles. In May 2018, the European Commission...
Automotive Test equipment Market: Size, Share, Trends and Industry Outlook
The global Automotive Test Equipment Market size is projected to grow at a CAGR of 4.1% during the forecast period, to reach USD 3.7 billion by 2025 from an estimated USD 3.0 billion in 2020. The automobile industry has witnessed a continuous increase in the integration of electronics architecture in vehicles. The rising demand for safety and comfort features has led to huge innovations and R&D...
EV Test Equipment Market by Size, Growth, Trends, Share, and Regional Statistics
The global EV test equipment market size is projected to grow from USD 79 million in 2022 to USD 242 million by 2027, at a CAGR of 25.2%. Factors such as increasing pollution and the threat of global warming have accentuated the need to replace petroleum-fuel vehicles with emission-free substitutes. The increasing demand for electric vehicles is expected to fuel the growth of the market for electric...