Connected Tires Market Size worth USD 54 million by 2028, at a CAGR of 67.1%
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Growing demand for road safety, increased vehicle features are driving the demand for connected tires. With features like tire pressure monitoring, tread wear analysis, and temperature sensing, connected tires offer enhanced safety on the road. Drivers and fleet managers...
Automotive Heat Exchanger Market Size worth USD 34.3 billion by 2027, at a CAGR of 3.5%
The Automotive Heat Exchanger Market is projected to grow from USD 28.9 billion in 2022 to USD 34.3 billion by 2027, at a CAGR of 3.5%.
Factors such as growth in vehicle production, paired with increasing adoption of HVAC systems in off-highway and high-end commercial vehicles are expected to augment revenues for the automotive heat exchanger market. Advancements in mobility solutions, in conjunction...
Automotive Charge Air Cooler Market Size worth USD 3.9 Billion by 2026, at a CAGR of 7.1%
The Automotive charge air cooler market is estimated to be USD 2.8 Billion in 2021 and is projected to grow to USD 3.9 Billion by 2026, at a CAGR of 7.1% during the forecast period.
Asia Pacific is estimated to have the largest market for charge air coolers, backed by strong demand and production of passenger vehicles and emission regulations in various countries. The growth of fuel-efficient vehicles...
Automotive Piston Pin Market worth USD 314 million by 2025, at a CAGR of 4.0%
The global piston pin market size is projected to grow from USD 259 million in 2020 to reach USD 314 million by 2025, at a CAGR of 4.0%. The growth of the piston pin market can be attributed to the substantial production and sales volumes of ICE vehicles across the world. Also, significant demand for high-performance vehicles that require large engines and the growing trend of CNG, LNG, hybrid, and...
Automotive Power Electronics Market Size worth USD 4.7 billion by 2025
The global automotive power electronics market size is projected to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025, at a CAGR of 4.7%.
The increasing electronics content inside the vehicle for the operation of specific vehicle applications and government mandates related to carbon emissions and vehicle safety are some of the key factors that will drive the market for automotive power...
Cylinder Deactivation System Market Size worth USD 5.1 billion by 2025
The global cylinder deactivation system market is projected to grow at a CAGR of 1.9%, to reach USD 5.1 billion by 2025 from an estimated USD 4.6 billion in 2020. Factors such as increasing stringency of vehicle emission and fuel economy norms and increasing adoption of light commercial vehicles would drive the growth of the market.
By valve actuation method: Overhead cam design is the fastest-growing...
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...
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 Engine Encapsulation Market Size worth USD 6.30 Billion by 2025
The automotive engine encapsulation market is projected to grow at a CAGR of 6.13% during the forecast period, from USD 4.16 Billion in 2018 to USD 6.30 Billion by 2025.
The growing demand for silent vehicles, the stringent emission norms for the automotive industry, and the rise in demand for fuel-efficient, aerodynamically efficient, and stylish vehicles, are collectively expected to drive the...