Automotive Steering System Market Size worth USD 39.5 billion by 2027
The Automotive Steering System Industry 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.
Electrical Power Steering (EPS) and Steer-by-Wire (SbW) steering systems are in high demand due to the global deployment of EVs. OEMs have been able to deliver new and enhanced steering features that customers have universally embraced...
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,...
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...
Automotive Lighting Market Size, Share, Trends | Report [2030]
The Automotive Lighting Market 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.
Automotive manufacturers are highly focused on developing new and innovative lighting to increase the driver’s and other road users’ aesthetic appeal and safety. Automotive lighting is an integral part of...