Automotive Motors Market Share, Market Major Players, Market Scope
The Global Automotive Motors Market is projected to grow at a CAGR of 6.02% from 2017 to 2022, to reach USD 34.48 billion by 2022. The major factors responsible for the growth of the market include growing electrification of vehicles and the mandatory usage of safety technologies such as electronic stability control and antilock braking systems (ABS) in passenger cars in developed regions such as Europe...
Automotive Software Market by Application, Vehicle Type, EV Type, and Region – 2025
The Automotive Software Market is projected to grow at a CAGR of 18.12%. It is estimated to be USD 18.7 billion by 2018 and is projected to reach USD 60.0 billion by 2025. The market growth is primarily driven by factors such as increasing number of connected cars, intervention of innovative technologies for advanced UI, and increase in electronic applications in vehicles.
Owing to the emergence of...
Automotive Turbocharger Market- An Insight on the Important Factors and Trends 2018-2025
The Automotive Turbocharger Market is estimated to be USD 16.87 billion in 2018 and is projected to reach USD 31.61 billion by 2025, at a CAGR of 9.39%, from 2018 and 2025. The increasing production of passenger cars, stringent emission regulations, and changing customer preferences for greater power generating vehicles will drive the global automotive turbocharger market.
Globally, the automotive...
Automatic Tire Inflation System Market by Latest Trends and Forecast – 2025
The Automatic Tire Inflation System Market is estimated to be USD 891.6 million in 2018 and is projected to reach USD 1,606.8 million by 2025, at a CAGR of 8.78%. Enhanced fuel efficiency, increased tire life, and decreased downtime are the key factors driving the automatic tire inflation market.
The governments have started focusing on safety regulations to reduce road accidents. For instance, the...
Hub Motor Market by Installation, Vehicle, Motor and Region – 2025
According to MarketsandMarkets analysis, the Hub Motor Market, by volume, is estimated to reach 34,108,181 units in 2018, and this number is projected to grow at a CAGR of 6.79% during the forecast period. The major factors driving this growth are increasing electric two wheelers sales, investments by OEMs, and hub motor providers.
Improved vehicle performance efficiency, high torque, increased power,...
Catalytic Converter Market Driven by Increased Fuel Efficiency Targets During the Forecast Period – 2021
The Catalytic Converter Market is projected to grow at a CAGR of 8.05% from 2016 to 2021, to reach a market size of USD 55.16 billion by 2021. Decreased emission limits in existing emission regulations and increased fuel efficiency targets are expected to drive the demand for catalytic converters during the forecast period.
The implementation of Euro 6 regulations has decreased NOx limits to 0.08 g/kWh...
Automotive Interior Market to Showcase Significant Growth in the Coming Years
Global Automotive Interior Market is projected to grow from USD 235.59 billion in 2017 to USD 301.56 billion in 2022, at a CAGR of 5.06% during the forecast period. This growth is attributed to the increasing need for comfort and convenience features and advanced styling for automotive interior components.
Asia-Pacific with countries such as China, India, Japan, South-Korea, and others hold the largest...
Automotive Airbags & Seatbelts Market Driven by a Safer, Efficient, and Convenient Driving Experience
The automotive airbags & seatbelts market is projected to grow at a CAGR of 11.97% during the forecast period to reach USD 135.43 billion by 2025 from an estimated USD 61.38 billion in 2018. The government regulations pertaining to vehicle safety and the demand for a safer, efficient, and convenient driving experience are the key factors driving the market growth.
New product launch and development...