Automotive Turbocharger Market Size, Share & Trends [2024-2030]
The global automotive turbocharger market size is projected to reach $22.9 billion by 2030, driven by the increasing demand for fuel-efficient vehicles and stringent emission regulations worldwide. Turbochargers play a vital role in enhancing engine performance by enabling smaller engines to deliver higher power output while maintaining fuel efficiency. The growing adoption of turbocharged engines...
V2X Cybersecurity Market Size, Share, Trends & Forecast 2030
The global V2X cybersecurity industry size is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%.
The rise of the automotive V2X industry and the development of linked car technologies are two major factors driving the V2X cybersecurity market’s revenue growth. Additionally, the growing frequency of cyberattacks worldwide and the growing amount of...
Racing Simulator Market Size, Share, Trends, Growth & Forecast 2030
The racing simulator industry size is projected to grow from USD 0.5 billion in 2024 to USD 1.1 billion by 2030 at a CAGR of 15.6% during the forecast period.
Rising e-sports leagues and competitions, a preference for professional motor racing events, ongoing simulation technology advancements, growing cost, and convenient accessibility are the primary factors propelling the racing simulator market’s...
Automotive Telematics Market Size, Share, Trends & Forecast 2030
The Automotive Telematics Industry Size is projected to grow from an estimated USD 9.0 billion in 2024 to reach USD 16.1 billion by 2030 at a CAGR of 10.1% during the forecast period.
In order to improve driver and on-road safety, automakers are concentrating heavily on working with telematic suppliers to include their services into their new vehicles. In their high-end models, a few of manufacturers...
Electric Commercial Vehicle Market Size, Share, Demand & Growth Forecast 2030
The global Electric Commercial Vehicle Industry Size is projected to grow from USD 70.9 billion in 2024 to USD 255.6 billion by 2030, registering a CAGR of 23.8%.
By offering a more sustainable and cleaner substitute for conventional commercial vehicles that run on fossil fuels, ECVs hope to lessen air pollution, greenhouse gas emissions, and dependency on finite fossil fuel supplies. Due to decreased...
Global Commercial Vehicle Outlook Projected to reach 3.5 million units by 2025
The global medium & heavy commercial vehicle sales were 3.3 million units in 2024 and are projected to reach 3.5 million units in 2025, witnessing a YoY growth of 4.4% from 2024 to 2025. Further, within the regional market Asia Pacific region accounted for almost half of the market share. While the Internal Combustion Engine (ICE) Vehicles held the major share, the Battery Electric Vehicles (BEV)...
Mining Machinery Market Size, Share, Trends & Analysis by 2030
The mining machinery market is projected to grow from USD 24.8 billion in 2023 to USD 32.8 billion by 2030 at a CAGR of 4.1%. The market is being propelled by a range of factors driving widespread adoption at the global level. The rise in the extraction of minerals, metals, and coal from mines is majorly contributing to the growth of the market. Autonomous mining trucks navigate predetermined paths...
Electric Tractor Market Size, Share, Demand, Growth & Forecast 2030
The global electric tractor industry size is estimated to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3%.
Growing stringency in emission norms and advancements in overall battery technology are primarily driving the developments in electric tractors. Electric tractors offer reduced carbon emissions and lower operational costs, making them attractive options. The...
Industrial Vehicles Market Size, Share, Demand, Growth & Forecast 2030
The global industrial vehicles industry 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...
Car as a Connected Living Ecosystem Size, Share, Trends, Demand, Growth 2035
The total market for connected living services is estimated to grow from $8 billion in 2023 to more than $1.5 trillion by 2035 at the CAGR of 54.5%.
The market for vehicles as a linked living ecosystem is expanding due to factors like customer perceptions and service expectations, technological advancements, and enhanced connection levels across automakers. Customers anticipate a variety...