Quantum Computing in Automotive Market Size worth USD 5,203 million by 2035, at a CAGR of 49.0%
The quantum computing in automotive market is projected to grow from USD 143 million in 2026 to USD 5,203 million by 2035, at a CAGR of 49.0% from 2026 to 2035.
Increasing government investments in developing quantum computing infrastructure and growing strategic collaborations between OEMs, auto component manufacturers & technology providers to carry out the advancements in quantum computing...
Automotive Hypervisor Market worth 566 million by 2027, at a CAGR of 27.0%
The automotive hypervisor market is projected to grow at a CAGR of 27.0% from 2022 to 2027, to reach USD 566 million by 2027 from USD 171 million in 2022. The basic objective of the hypervisor is to create an abstraction of various automotive functions by enabling the installation of multiple operating systems for several applications.
“Economy vehicle segment is expected to have large market...
Autonomous Vehicle Market Size worth USD 62.4 million by 2030, at a CAGR of 13.3%
The Autonomous Vehicle Market size is projected to grow from 20.3 million units in 2021 to 62.4 million units by 2030, at a CAGR of 13.3%.
The increasing adoption of ADAS & safety features, the focus of governments to enhance vehicle and pedestrian safety, initiatives by OEMs to provide advanced safety features, and the advent of new age technologies will surge the demand for autonomous vehicle.
Vehicle...
Automotive Solenoid Market Size worth USD 6.2 billion by 2026, at a CAGR of 7.3%
The global automotive solenoid market is estimated to be USD 4.3 billion in 2021 and is projected to grow at a CAGR of 7.3%, to reach USD 6.2 billion by 2026. The growth of this market is fuelled by rising automation in vehicles and increased vehicle manufacturing in the emerging economies due to urbanization. The fact that solenoids are used in various automotive systems and features in every vehicle...
Automotive Conformal Coating Market Size worth USD 3.5 billion by 2030, at a CAGR of 10.0%
The automotive conformal coating market 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 electronic...
Automotive Axle & Propeller Shaft Market Size worth USD 25.4 billion by 2025
The global automotive axle & propeller shaft market size is projected to grow at a CAGR of 3.2% during the forecast period, to reach a market size of USD 25.4 billion by 2025 from USD 21.7 billion in 2020. Increasing production of heavy commercial vehicles, rising SUV demand, and growing adoption of AWD vehicles to get enhanced traction is expected to fuel the demand for Automotive Axle &...
Automotive Power Electronics Market Size worth USD 4.7 billion by 2025
The global automotive power electronics market size is projected to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025, at a CAGR of 4.7%.
The increasing electronics content inside the vehicle for the operation of specific vehicle applications and government mandates related to carbon emissions and vehicle safety are some of the key factors that will drive the market for automotive power...
Occupant Classification System (OCS) Market Size worth USD 2.8 billion by 2025
The global occupant classification system market is projected to grow at a CAGR of 6.7% to reach USD 2.8 billion by 2025 from an estimated USD 2.0 billion in 2020. The increasing sales of mid-size and luxury vehicles in recent years, which is driven by the changing preferences of vehicle types and lifestyle of the young population, is also expected to drive the OCS market.
By components: The airbag...
India Connected Car Market Size worth USD 32.5 billion by 2025
The India connected car market is estimated to be USD 9.8 billion in 2019 and is projected to reach USD 32.5 billion by 2025, at a compound annual growth rate (CAGR) of 22.2% during the forecast period. Increase in government mandates supporting connected technology in vehicles and emergence of startups for developing and providing connected car features are the key drivers for the connected car market...
Automotive Digital Cockpit Market Size worth USD 35.9 billion by 2025, at a CAGR of 13.59%
The automotive digital cockpit market is projected to grow at a CAGR of 13.59% during the forecast period, to reach USD 35.9 billion by 2025 from an estimated USD 14.7 billion in 2018. The demand for convenience and comfort features in automobiles has grown steadily. Growing consumer awareness and demand for personalized user experience are expected to drive the growth of the automotive digital cockpit...