Industrial Vehicles Market Size worth USD 56.7 billion by 2030, at a CAGR of 4.6%
The global industrial vehicles market 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 capabilities...
Train Battery Market Size, Share, and Trends [2030]
The train battery market size is projected to grow from USD 277 million in 2023 to USD 378 million by 2030, at a CAGR of 4.6% from 2023 to 2030. The demand for the train battery market is driven by rapid urbanization leading to increased public transport, and demand for long-distance rail journeys is expected to boost the train battery market. Further, the growing number of high-speed trains with...
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...
Semi-Autonomous & Autonomous Trucks and Buses Market Size, Share & Trends by 2035
The global the Semi-autonomous & autonomous Trucks and Buses market size is projected to grow from USD 40.7 Billion in 2024 to USD 179.9 Billion by 2035, at a CAGR of 14.4%. The Semi-autonomous & autonomous Trucks and Buses market is experiencing robust growth due to the government mandates on autonomous vehicle safety, and advancement in autonomous driving technologies. Additionally, increasing...
EV Platform Market Size worth USD 68.0 billion by 2030, at a CAGR of 28.7%
The EV platform market 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 industry.
Utility...
EV Battery Market worth USD 508.8 billion by 2033, at a CAGR of 14.4%
The global EV battery market is projected to grow from USD 132.6 billion in 2023 to USD 508.8 billion by 2033, registering a CAGR of 14.4%.
Recent advancements in the EV market have resulted in the introduction of batteries with higher standards. While these batteries are expected to improve EV performance and range, factors such as the limited range of EVs, the significant charging time required,...
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...
Weigh-In-Motion System Market worth USD 1.8 billion by 2027, at a CAGR of 10.0%
The weigh-in-motion system market is projected to reach USD 1.8 billion by 2027 from USD 1.1 billion in 2022, at a CAGR of 10.0% during the forecast period.
Increasing government initiatives toward intelligent transportation systems and increasing public-private partnerships (PPPs) is boosting the growth of the market for weigh-in-motion system. Road safety regulations by governments especially...
Automotive Camera Market Size, Share, Trends & Industry Analysis by 2030
The global automotive camera market size is projected to grow from USD 8.3 Billion in 2024 to USD 16.0 Billion by 2030, at a CAGR of 11.5%. The automotive camera market is experiencing steady growth due to technological developments in camera technology and driver assistance demands from consumers. Additionally, the advancements in semi-autonomous and autonomous vehicles drive the demand for automotive...
Car Care Products Market Size worth USD 4.8 billion by 2027, at a CAGR of 1.9%
The global car care products market is projected to grow at a CAGR of 1.9% during the forecast period, from an estimated USD 4.4 billion in 2022 to USD 4.8 billion by 2027.
Increase in sale of used cars, use of e-commerce platforms by leading players to increase customer base are expected to offer promising future growth of the market for car care products. Availability of various auto beauty shops...