Automotive HUD Market: Size, Share & Future Trends Forecast to 2030
The global automotive HUD market size is projected to grow from USD 1.2 billion in 2024 to USD 2.4 billion by 2030, at a CAGR of 12.3%. With the increase in awareness of the safety of vehicles and passengers Demand for better In-vehicle experience, growing preference towards connected vehicles steady increase in the market for premium and luxury vehicles, primarily in emerging markets are expected...
Automotive Lighting Market Size to Hit USD 30.4 Billion by 2030
The Automotive Lighting market size is projected to grow from USD 22.5 Billion in 2023 to USD 30.4 Billion by 2030 at a CAGR of 4.4% during the forecast period. The growing sales of luxury vehicles in developed countries and SUVs in developing countries primarily drive lighting sales. The luxury vehicles are mostly equipped with advanced lighting technologies, driving the demand of the automotive...
Automotive Market Size, Share, Trends, Growth, Demand | Forecast [2024]
The Global Automotive Size will have a global passenger vehicles and commercial vehicles combined sales of 92 million units in 2023 and is projected to 95 million units in 2024, witnessing a YoY growth of 3.1% from 2023 to 2024.
The growth of the automotive market is influenced by various factors such as adoption of electric vehicles, development and manufacturing of long-range batteries along...
How the Automotive HMI Industry is Shaping the Next Generation of Vehicles
The automotive HMI industry is projected to grow from USD 17.5 billion in 2023 to USD 28.9 billion by 2028, at a CAGR of 10.5% from 2023 to 2028. The rising demand for luxury passenger cars, the increase in adoption of features in mid-priced cars, and growing awareness for driver safety with r convenience and safety features are the driving factors for the growth of the automotive HMI industry.
“Passenger...