Hypercharger Market worth 273.7 Thousand Units by 2030
The hypercharger market size is projected to grow from 10.4 Thousand Units in 2023 and projected to reach 273.7 Thousand Units by 2030, at a CAGR of 59.5%. The Hypercharger demand is primarily driven by the growing popularity and adoption of electric vehicles (EVs). As more consumers and businesses transition to electric mobility, there is a heightened need for charging solutions that offer ultra-fast...
Solid-State Car Battery Market Estimated to 661,724 units by 2030
The report “Solid-State Car Battery Market by Vehicle (Passenger Car and Commercial Vehicle), Battery Energy Density (>450 Wh/kg, >450 Wh/kg), Propulsion (BEV, PHEV), Component(Cathode, Anode, and Electrolyte), and Region – Global Forecast to 2030″, is projected to grow from 27,070 units in 2025 to 661,724 units by 2030, at a CAGR of 89.5%. The growth of the market is influenced...
Automotive Cybersecurity Market worth $6.0 billion by 2028
The global automotive cybersecurity market size is projected to grow from USD 2.5 billion in 2023 to USD 6.0 billion by 2028, at a CAGR of 18.5%. The demand for automotive cybersecurity solutions is fueled by the increased use of electronics per vehicle, a growing number of connected cars, reinforcement of mandates by regulatory bodies for vehicle data protection, significantly growing global automotive...
Automotive Piston Market Projected to reach $2.2 billion by 2025
Automotive piston market is projected to grow to USD 2.2 billion by 2025 from USD 1.9 billion in 2020, at a CAGR of 3.5%. Factors such as fuel shift towards gasoline passenger cars & especially towards GDI engines and the demand for lightweight piston components are projected to create a potential need for automotive pistons in the coming years.
Passenger Car Segment is estimated to hold...
Body Control Module Market Projected to reach $35.7 billion by 2027
The global body control module market is projected to grow at a CAGR of 2.6% to reach USD 35.7 billion by 2027 from an estimated USD 29.2 billion in 2019. The major factors driving the growth of the market are the advent of body control functions in the vehicle and increasing sales of luxury vehicle.
By Functionality: High-end BCM is the fastest-growing segment of the body control module market...
Brake Friction Products Market Set to Reach $13.3 Billion by 2026
The brake friction products market is projected to reach USD 13.3 billion by 2026 from USD 10.8 billion in 2021, at a CAGR of 4.3%. Increasing demand of passenger cars with brake disc and developments in the brake technology, stopping distance regulations are expected to drive the brake friction products market.
The passenger car segment is estimated to be the fastest-growing segment...
Automotive Pumps Market Projected to Reach $18.0 Billion by 2027
The global automotive pumps market is projected to grow at a CAGR of 4.1% during the forecast period, to reach USD 18.0 billion by 2027 from an estimated USD 14.8 billion in 2022. Automotive pumps perform different functions including raising, compressing, or transferring fluids by mechanical action and facilitate circulation of fluids around a system for a vehicle’s operational performance.
By...
Automotive Airbags & Seatbelts Market Projected to Reach $40.4 Billion by 2025
The global automotive airbags & seatbelts market size is estimated to be USD 28.2 billion in 2020 and is projected to reach USD 40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. Various advancements in vehicle passive safety systems and increased demand for safer, efficient, and convenient driving experience are driving the market for automotive airbags & seatbelts.
The...
Automotive Suspension Market Trends and Projections for $51.6 Billion Revenue by 2027
The global automotive suspension market size was valued at USD 45.3 billion in 2022 and is expected to reach USD 51.6 billion by 2027, at a CAGR of 2.6% during the forecast period 2022-2027. The demand for automotive suspension is driven by the increase in demand for vehicle comfort and safety and the increasing adoption of air suspension systems in HCVs.
Active suspension – the fastest growing...
Cell to Pack Battery Market: Powering a $29.3 Billion Revolution by 2030
The global cell to pack battery market is projected to grow at a CAGR of 26.9% during the forecast period, from an estimated market size of USD 5.5 billion in 2023 to USD 29.3 billion by 2030.
The cell to pack battery market growth is influenced by factors such as the increase in the electric vehicle sales equipped with high energy density, fast charging and light weight batteries. These batteries...