Electric Construction Equipment Market Size, Share, Demand & Growth 2030
The global electric construction equipment industry size is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% from 2023 to 2030
Growing laws for low-noise construction machinery in residential areas, operational benefits including lower ventilation costs in underground mining and cheaper running costs of electric equipment, and the growing demand to...
The Asia Pacific region is expected to dominate the Software Defined Vehicle Market, with its market value projected to reach USD 735.7 billion by 2030
The Asia Pacific Software Defined Vehicle Market is expected to grow from USD 148.7 billion in 2024 to USD 735.7 billion by 2030, at a CAGR of 30.5%. China and South Korea are rapidly working on SDV technology, driven by trends such as centralized software architecture and tool-based development processes. Further, market growth in the Asia Pacific is driven by the rising demand for an enhanced driving...
Battery as a Service Market Size, Share, Analysis & Forecast 2035
The global battery as a service market is projected to reach from USD 0.66 Billion in 2024 to USD 14.45 Billion in 2035, at a CAGR of 32.4%.
The battery as a service market is gaining momentum due to the increasing adoption of EVs, as part of the global shift toward sustainable transportation. Additionally, government policies, such as subsidies and tax incentives, are encouraging the development...
India Automotive Market Size, Share, Demand, Growth & Forecast 2030
The India automotive (PV+CV) market is expected to grow from 5.1 million units in 2023 to 7.5 million units in 2030, at a CAGR of 5.7%.
The future of automotive in India is driven by a rapidly increasing middle class with higher disposable incomes, fast adoption of shared mobility, the launch of affordable cars with lucrative design features, and the government actively pursuing policies for boosting...
Global Automotive Outlook, Size, Share, Trends, Growth & Forecast 2025
The Global light vehicle sales were 84.0 million units in 2024 and are projected to 85.1 million units in 2025, witnessing a YoY growth of 1.3% from 2024 to 2025.
The growth of light vehicle sales is influenced by various factors, such as the adoption of electric vehicles, especially hybrid vehicles, the development and manufacturing of long-range batteries, the introduction of autonomous vehicles...
Ev Connector Market Size, Share, Growth Report 2030
The global EV connector industry size is projected to grow from USD 2.0 billion in 2023 to USD 10.9 billion by 2030, registering a CAGR of 27.1%.
A rise in data transmission and complicated systems for ADAS, battery management, vehicle illumination, and autonomous driving necessitate high-bandwidth and low-latency EV connectors. EV connectors for high-voltage systems also require downsizing,...
Racing Simulator Market Size, Share, Growth, Trends & Forecast 2030
The racing simulator industry size is projected to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030 at a CAGR of 15.6% during the forecast period.
Rising e-sports leagues and competitions, a preference for professional motor racing events, ongoing simulation technology advancements, growing cost, and convenient accessibility are the primary factors propelling the racing simulator...
V2X Cybersecurity Market Size, Share, Trends & Forecast 2030
The global V2X cybersecurity industry size is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%.
The rise of the automotive V2X industry and the development of linked car technologies are two major factors driving the V2X cybersecurity market’s revenue growth. Additionally, the growing frequency of cyberattacks worldwide and the growing amount of...
Racing Simulator Market Size, Share, Trends, Growth & Forecast 2030
The racing simulator industry size is projected to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030 at a CAGR of 15.6% during the forecast period.
Rising e-sports leagues and competitions, a preference for professional motor racing events, ongoing simulation technology advancements, growing cost, and convenient accessibility are the primary factors propelling the racing simulator market’s...
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...