Energy Efficient Motor Market Share to Reach $59.3 Billion by 2028
The global Energy Efficient Motor Market Share will grow to USD 59.3 Billion by 2028 from USD 41.7 Billion in 2023, at a CAGR of 7.3% during 2023-2028. An energy efficient motor is a type of electric motor that is designed to consume less electrical energy while providing the same level of output as a standard motor. Energy-efficient motors help achieve significant energy savings, reduce greenhouse...
Quantum Computing in Automotive Market Size worth USD 5,203 million by 2035, at a CAGR of 49.0%
The quantum computing in automotive market is projected to grow from USD 143 million in 2026 to USD 5,203 million by 2035, at a CAGR of 49.0% from 2026 to 2035.
Increasing government investments in developing quantum computing infrastructure and growing strategic collaborations between OEMs, auto component manufacturers & technology providers to carry out the advancements in quantum computing...
Automotive Hypervisor Market worth 566 million by 2027, at a CAGR of 27.0%
The automotive hypervisor market is projected to grow at a CAGR of 27.0% from 2022 to 2027, to reach USD 566 million by 2027 from USD 171 million in 2022. The basic objective of the hypervisor is to create an abstraction of various automotive functions by enabling the installation of multiple operating systems for several applications.
“Economy vehicle segment is expected to have large market...
Autonomous Vehicle Market Size worth USD 62.4 million by 2030, at a CAGR of 13.3%
The Autonomous Vehicle Market size is projected to grow from 20.3 million units in 2021 to 62.4 million units by 2030, at a CAGR of 13.3%.
The increasing adoption of ADAS & safety features, the focus of governments to enhance vehicle and pedestrian safety, initiatives by OEMs to provide advanced safety features, and the advent of new age technologies will surge the demand for autonomous vehicle.
Vehicle...