EV Cables Market Size, Share, Trends, Growth and Forecast 2028
The Global EV Cables Market Size is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028
Rising fuel prices and the resulting desire for electric vehicles are the main drivers propelling the EV cable market’s expansion. Additionally, the market for EV cables is anticipated to rise as a result of the manufacturers’ intensive R&D efforts to...
Automotive Green Tires Market Size, Share, Demand & Growth Forecast 2028
The global automotive green tires market size is projected to grow from USD 11.5 billion in 2023 to USD 15.8 billion by 2028, at a CAGR of 6.5%. The high demand for low rolling resistance tires is one of the key factors driving the growth of the green tires market. Low rolling resistance tires are designed to reduce the amount of energy required for a tire to roll, which can lead to improved fuel...
Automotive Interior Market Size, Share, Trends, Demand & Forecast 2028
The global automotive interior market, by value, is estimated to be USD 157.4 billion in 2023 and is projected to reach USD 194.8 billion by 2028, at a CAGR of 4.4% from 2023 to 2028.
The growth of the automotive interior market is influenced by various factors such as Increasing customer preference for convenience, premium features, and advanced safety features, Integration of smartphone connectivity,...
Wireless EV Charging Market Size, Share, Growth, Trends & Forecast 2030
The global wireless charging market for electric vehicles size is projected to grow from USD 80 million in 2023 to USD 1279 million by 2030, at a CAGR of 48.4%. The need for wireless EV charging solutions is anticipated to rise in tandem with the growing emphasis on e-mobility and the expansion of EV charging infrastructure. Additionally, the government’s strong support for emission-free electric...
Hybrid Train Market Size, Share & Growth Report 2030
The global hybrid train Industry is projected to grow from 412 units in 2023 to 446 units by 2030, registering a CAGR of 1.1%.
Due to a number of important elements coming together, demand for hybrid trains is rising globally. In an era marked by rising urbanization, environmental awareness, and a growing focus on energy efficiency, hybrid trains have become a game-changing advancement for the...
Automotive Sensor Fusion Market Size, Share, Trends & Forecast Analysis 2030
The global Sensor Fusion Market for Automotive is poised for remarkable growth, projected to expand from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, registering a CAGR of 42.4%. This surge is driven by the growing demand for safer, more intelligent automotive systems, where sensor fusion technology plays a pivotal role. The integration of sensors, data, and AI is transforming how vehicles...
Automotive Lighting Market Size, Share, Trends & Forecast 2030
The Automotive Lighting Industry Size is projected to grow from an estimated USD 22.5 billion in 2023 to reach USD 30.4 billion by 2030 at a CAGR of 4.4% during the forecast period.
Automakers are putting a lot of effort into creating new and creative lighting to improve the safety and visual appeal of the road for drivers and other users. Every car needs automotive lighting, which greatly improves...
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...