Automotive Engine Management System Market Growth Factors, Opportunities, Ongoing Trends and Key Players 2025
The Automotive Engine Management System Market is projected to grow to USD 63.2 billion by 2025 from USD 58.8 billion in 2020, at a CAGR of 1.5% during the forecast period. The demand for engine management systems is primarily driven by stringent emission norms, coupled with increasing vehicle production.
The engine management system industry is expected to be positively impacted by growing vehicle...
Automotive Pumps Market – Growth Opportunities | Regional Analysis
Automotive pumps perform different functions including raising, compressing, or transferring fluids by mechanical action and facilitating the circulation of fluids around a system for a vehicle’s operational performance. The rapidly evolving automotive industry has provided advanced solutions in fluid dynamics for automotive applications.
The global Automotive Pump Market is expected to register...
Farm Equipment Market Trend and Industry Analysis by 2027
The global Farm Equipment Market is projected to grow from USD 99.4 Billion in 2021 to USD 126.0 Billion by 2027, at a CAGR of 4.0% during the forecast period. Government support with farm loan waivers/ credit finance, OEM/sales incentives to support dealer service and rental operations, increase in farm mechanization, and contract farming are the major factors driving the growth of the Farm Equipment...
Occupant Classification System (OCS) Market Emerging Trends and Industry forecast to 2025
The global Occupant Classification System Market is projected to grow at a CAGR of 6.7% from 2020 to 2025, to reach USD 2.8 billion by 2025. The automotive industry is experiencing a paradigm shift in vehicle production from developed economies to developing economies. Increasing population and improving demographic dividend in countries like India, China, Brazil, and South Africa have contributed...
The Future of the All-terrain Vehicle Industry: Interesting Highlights and Emerging Vendors
The All-terrain Vehicle Market, by value, is projected to reach USD 5.0 billion by 2027 from an estimated USD 4.3 billion in 2022, at a CAGR of 2.7% from 2022 to 2027. The market has a promising growth potential due to factors like rising applications from farm management to enhancing military mobility operations, including ease in regulatory norms for registration across different regions of world....
Body Control Module Market Projected to reach $35.7 billion by 2027
The global Body Control Module Market is projected to grow at a CAGR of 2.6% to reach USD 35.7 billion by 2027 from an estimated USD 29.2 billion in 2019. Body control module is the processor-based power distribution center that supervises and controls the function related to vehicle body like lights, windows, door locks, security, access and comfort controls. Body control module also acts as a...
Automotive Air Purifier Market Projected to reach $2,286.9 million by 2025
The report “Automotive Air Purifier Market by type (Purifier, Ionizer, & Hybrid), Technology (HEPA, Activated Carbon, Ionic Filter, & Photocatalytic), Vehicle Class (Economy, Mid-Priced, & Luxury), End Market (OE & Aftermarket), and Region – Global Forecast to 2025″, The automotive air purifier market is estimated to be USD 792.7 million in 2018 and is projected to...
Automotive Piston Market Projected to reach $2.2 billion by 2025
The report “Automotive Piston Market by Component (Piston, Piston Ring, Piston Pin), Material (Steel, Aluminum), Coating Type (Dry Film Lubricants, Thermal Barriers, Oil Shedding), Piston Shape, Vehicle & Fuel Type, Aftermarket and Region – Global Forecast to 2025″,automotive piston market is projected to grow to USD 2.2 billion by 2025 from USD 1.9 billion in 2020, at a CAGR...
Construction & Heavy Equipment Telematics Market Estimated to reach $1,498 million by 2026
The global Construction & Heavy Equipment Telematics Market size is projected to reach USD 1,498 million by 2026, from an estimated value of USD 676 million in 2021, at a CAGR of 17.2%. Increase in demand for telematics solutions in off-highway equipment and government mandates on safety and security of off-highway equipment are the driving factors that are expected to boost the construction...
Usage-Based Insurance Market Estimated to reach $66.8 billion by 2026
The report “Usage-Based Insurance Market for ICE & Electric Vehicle by Package (PAYD, PHYD, MHYD), Technology (OBD-II, Black box, Smartphone, Embedded), Vehicle Age (New, Old), Device Offering (BYOD, Company Provided) and Region – Global Forecast to 2026″, is projected to reach USD 66.8 billion by 2026 from an estimated USD 19.6 billion in 2021, at a CAGR of 27.7% during the...