Electric Bus Market Share, Size, Trends & Analysis by 2030
The Electric Bus Market Share is projected to experience substantial growth, reaching a value of $37.5 billion by 2030. This increase is fueled by global trends toward eco-friendly and sustainable public transportation solutions, with many countries adopting strict emission reduction policies. Governments and municipalities worldwide are investing heavily in electric bus infrastructure to reduce carbon...
Future of Digital Cockpit Market Size & Share Report 2030
The digital cockpit market size is projected to reach 67 million units by 2030 from 45 million units in 2024, at a CAGR of 7.0%.
The digital cockpit has rapidly gained popularity among consumers owing to the increasing demand for personalization, multi-display solutions, enhanced safety and convenience, and the integration of AI in cockpit features. OEMs continuously work towards enhancing personalization...
Autonomous Construction Equipment Market Size, Report 2030
The autonomous construction equipment market size is projected to grow from USD 4.40 billion in 2024 to USD 9.77 billion by 2030, at a CAGR of 14.2% from 2024 to 2030.
The growth of the autonomous construction equipment market can be attributed to rising labor costs and their advantages in remote environments. This equipment also come with benefits such as cost efficiency, improved workplace safety,...
Automotive Hypervisor Market Size, Share, Trends, Growth & Forecast 2027
The automotive hypervisor market size 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...
Automotive Engineering Services Market Size, Share, Trends & Forecast 2028
The automotive engineering service market size is projected to grow from 153.2 billion in 2022 to 243.9 billion by 2028, registering a CAGR of 8.1%.
The growing demand of zero-emission vehicles, advancements in technologies such as ADAS, battery management, connectivity, among others, and rising commercial transport are expected to increase the demand for automotive engineering services around...
Automotive Filters Market Size, Share, Growth Analysis by 2030
The automotive filters market is projected to reach USD 14.6 billion by 2030 from USD 12.9 billion in 2024, at a CAGR of 2.1%. The increase in demand for light commercial and heavy commercial vehicles, rising stringency in emission norms related to CO2 and NOx emissions, and increased investment in infrastructure will boost the demand for heavy commercial vehicles and construction equipment,...
EV Platform Market Size, Share, Trends, Forecast 2030
The EV platform market size is estimated to grow from USD 9.0 billion in 2022 to USD 68.0 billion by 2030 at a CAGR of 28.7% over the forecast period.
Preference for high-voltage and long-distance range EVs , high demand for solid-state batteries in EVs, growing demand for end-to-end software-defined vehicles , and development of lightweight EVs would create growth opportunities in the EV platform...
Automotive Lightweight Materials Market Size, Share, Demand, Growth 2027
The automotive lightweight materials market size is projected to grow from USD 73.9 billion in 2022 to USD 101.5 billion by 2027, at a CAGR of 6.5% for the same period. The base year for the report is 2021, and the forecast period is from 2022 to 2027.
The automotive lightweight materials market is expected to grow mainly due to increasing stringency in emission norms and the rising bar for fuel-efficient...
Electric Truck Market Size, Share, Trends & Growth Report 2030
The Electric truck market size is estimated to be 101,499 units in 2022 and is projected to grow at a CAGR of 34.2% during the forecast period, to reach 1,067,985 units by 2030. The market for electric truck is increasing due to factors such as increase in distribution services, last mile delivery and government focus on reducing vehicle emissions.
“NMC Battery segment expected to lead...
Automotive Steering System Market Size, Share, Growth & Trends 2027
The Automotive Steering System Market Size is projected to grow from USD 35.3 billion in 2022 to USD 39.5 billion by 2027, at a CAGR of 2.3% over the forecast period.
The rapid adoption of Electric Vehicles (EVs) worldwide creates a huge demand for Electrical Power Steering (EPS) and Steer-by-Wire (SbW) steering systems. Integration of Advanced Driver Assistance Systems (ADAS) with EPS has helped...