Automotive Telematics Market Size, Share, Trends & Forecast 2030
The Automotive Telematics Industry Size is projected to grow from an estimated USD 9.0 billion in 2024 to reach USD 16.1 billion by 2030 at a CAGR of 10.1% during the forecast period.
In order to improve driver and on-road safety, automakers are concentrating heavily on working with telematic suppliers to include their services into their new vehicles. In their high-end models, a few of manufacturers...
Electric Commercial Vehicle Market Size, Share, Demand & Growth Forecast 2030
The global Electric Commercial Vehicle Industry Size is projected to grow from USD 70.9 billion in 2024 to USD 255.6 billion by 2030, registering a CAGR of 23.8%.
By offering a more sustainable and cleaner substitute for conventional commercial vehicles that run on fossil fuels, ECVs hope to lessen air pollution, greenhouse gas emissions, and dependency on finite fossil fuel supplies. Due to decreased...
Electric Tractor Market Size, Share, Demand, Growth & Forecast 2030
The global electric tractor industry size is estimated to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3%.
Growing stringency in emission norms and advancements in overall battery technology are primarily driving the developments in electric tractors. Electric tractors offer reduced carbon emissions and lower operational costs, making them attractive options. The...
Industrial Vehicles Market Size, Share, Demand, Growth & Forecast 2030
The global industrial vehicles industry size is projected to grow from USD 43.1 billion in 2024 to USD 56.7 billion by 2030, at a CAGR of 4.6%. Government investments in infrastructure development projects are fuelling the growth of the industrial vehicles market on a global scale. Initiatives aimed at modernizing transportation networks, constructing new warehouses, and enhancing logistics...
Car as a Connected Living Ecosystem Size, Share, Trends, Demand, Growth 2035
The total market for connected living services is estimated to grow from $8 billion in 2023 to more than $1.5 trillion by 2035 at the CAGR of 54.5%.
The market for vehicles as a linked living ecosystem is expanding due to factors like customer perceptions and service expectations, technological advancements, and enhanced connection levels across automakers. Customers anticipate a variety...
Electric Coolant Pump Market Size, Share, Trends & Forecast 2030
The electric coolant pump industry size is projected to grow from USD 1.9 billion in 2024 to USD 3.9 billion by 2030 at a CAGR of 12.8% during the forecast period.
The market for electric coolant pumps is expected to develop as a result of factors such stricter emission laws and lower emission limits, which allow electric coolant pumps to help reduce emissions and engine load. The market...
Automotive Conformal Coatings Market Size, Share, Demand & Forecast 2030
The Automotive Conformal Coating Industry Size is projected to reach USD 3.5 billion by 2030, from an estimated USD 2.0 billion in 2024, at a CAGR of 10.0% during the forecast period.
Automotive manufacturers are subject to stringent industry standards and regulations aimed at ensuring vehicle safety, reliability, and performance. These standards often mandate rigorous testing and protection of...
Electric 3 wheeler Market Size, Share, Trends & Forecast 2030
The Electric 3 Wheeler Industry Size is projected to grow from USD 1.3 billion in 2024 to USD 1.5 billion by 2030, registering a CAGR of 2.2%.
The electric 3 wheeler market has experienced notable growth in recent years, attributed to several factors including escalating fuel prices, government incentives, and the introduction of innovative technologies. As governmental regulations become increasingly...
AVAS Market Size, Share, Growth & Forecast 2030
The global AVAS Industry Size is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%.
The growing popularity of electric and hybrid cars, which are quieter than conventional cars with internal combustion engines and need AVAS to protect pedestrians, is propelling the AVAS market. Government and international regulatory requirements, like the European Union’s...
Future Of SUV Market Size, Share, Trends & Forecast 2030
The SUV Industry Size is projected to reach 53 million units by 2030 from 41 million units in 2024, at a CAGR of 4.4%.
Because of its road presence, size and space, fashionable design, and cutting-edge safety and comfort features, the SUV segment has quickly grown in favor among consumers. All regions have seen a growth in mid-size and full-size SUVs with in-cabin safety and comfort amenities including...