Thick Film Resistor Market Size worth USD 615 million by 2025, at a CAGR of 5.06%
The Thick Film Resistor Market is projected to grow at a CAGR of 5.06% during the forecast period, to reach a market size of USD 615 million by 2025 from USD 435 million in 2018. Factors such as increasing adoption of advanced technologies in automotive industry, increasing adoption of 4G/5G networks, and rising demand for high-performance electronic and electrical systems are expected to fuel the...
Solar Vehicle Market Size worth 107,380 Units by 2030, at a CAGR of 36.4%
Global Solar Vehicle Market is projected to grow at a CAGR of 36.4% from 8,955 units in 2022 to reach 107,380 units by 2030.
By Battery: Lithium-ion battery is the largest segment of the solar vehicle market during the forecast period
Lithium-ion battery is the most common and widely accepted by solar vehicle manufacturers globally. The battery is recognized as the best rechargeable battery...
Electric Mid- and Large (9-14m) Bus Market worth 171,000 units by 2030
The electric mid- and large (9-14m) bus market is projected to reach 171,000 units by 2030 from an estimated 66,593 units in 2023, growing at a CAGR of 14.4% during the forecast period. The increasing demand for electric mid- and large buses is driven by various factors, including government initiatives and subsidies for electric vehicle adoption, advancements in battery technology, and charging infrastructure.
“LFP...
Low-Speed Vehicle Market is Valued at $16.3 billion by 2030
The low-speed vehicle market is projected to grow from USD 11.1 billion in 2024 to USD 16.3 billion by 2030, at a CAGR of 6.6%. This market’s growth can be attributed to the rising inclination of the geriatric population towards safer, more comfortable, and more effortless mobility, the growing popularity of golf, and adequate charging infrastructure.
In 2023, Electric low-speed vehicles...
Electronic Logging Device Market Size worth USD 16.6 billion by 2025 at a CAGR of 4.13%
The Electronic Logging Device Market is estimated to be USD 12.5 billion in 2018 and is projected to reach USD 16.6 billion by 2025, at a CAGR of 4.13%.Growing need for operational efficiency in fleet owning organizations will play a crucial role in electronic logging device market. In addition to that, upcoming as well as existing mandates related to electronic logging device are projected to drive...
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...
Automotive Smart Antenna Market Set to Reach $5.2 Billion
The global automotive smart antenna market is projected to grow from USD 2.5 billion in 2023 to USD 5.2 billion by 2030, at a CAGR of 10.9% during the forecast period. The increased demand for connected car features, in-vehicle infotainment, autonomous vehicles, and safety norms has increased the adoption of smart antennas globally. The smart antennas also provide high-speed, low-latency communication...
Torque Vectoring Market Size for Automotive worth USD 18.70 billion by 2025
The torque vectoring market for automotive is primarily driven by the increased demand for luxury and performance vehicles (including SUVs, crossovers, and off-highway vehicles). The torque vectoring market for automotive is projected to grow at a CAGR of 20.01% from 2018 to 2025. From a market size of USD 5.22 billion in 2018, it is projected to reach a market size of USD 18.70 billion by 2025.
AWD/4WD...
Automotive Acoustic Engineering Services Market Size worth USD 4.04 billion by 2025
The automotive acoustic engineering services market is projected to grow at a CAGR of 7.42% during the forecast period, to reach a market size of USD 4.04 billion by 2025 from USD 2.45 billion in 2018. The increasing stringency in vehicular noise regulations, growing demand for SUV/MUV for off-roading activity, and rising sales of premium & luxury vehicles with increased comfort & luxury are...
Automotive Filters Market Projected to Reach $14.6 Billion 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,...