Trailer Telematics Market Size, Share & Trends [2030]
The trailer telematics market is projected to grow from USD 0.77 billion in 2024 to USD 1.41 billion by 2030, at a CAGR of 10.5% from 2024 to 2030.
The growth of the trailer telematics market can be attributed to rising demand for efficient fleet management, strict government regulations, improved security & safety of assets, and increasing demand in cold chain logistics. These equipment also...
Future Of Automotive Industry Size, Share, Trends, Demand, Growth & Forecast 2030
The automotive industry size, encompassing PV, LCV, and MHCV, size is projected to grow from 88 million units in 2024 and is projected to hit 104 million units by 2030, at a CAGR of 2.4%.
Numerous factors, including the adoption of electric vehicles, the development and production of long-range batteries and the installation of fast and ultra-fast charging stations, the introduction of autonomous...
Hydrogen Fuel Cell Vehicle Market to Reach $2.1 Billion by 2030
The global Hydrogen Fuel Cell Vehicle Market Size is projected to reach a valuation of $2.1 billion by 2030, growing at a robust CAGR during the forecast period. This growth is fueled by the increasing adoption of hydrogen-powered vehicles, which offer a sustainable alternative to traditional fossil-fuel-powered vehicles. Governments worldwide are emphasizing the development of hydrogen infrastructure...
Automotive Actuators Market Size, Share, Trends & Analysis by 2030
The global automotive actuators market is estimated at USD 27.9 billion in 2024. It is projected to reach USD 33.5 billion by 2030 at a CAGR of 3.1%. The growing demand for EVs presents a lucrative opportunity for the automotive actuators market, as electric actuators are critical for battery management and motor control. The rise of ADAS-equipped vehicles further drives the need for actuators to...
Air Brake System Market Size, Share, Trends & Analysis by 2028
The global air brake system market size was valued at USD 3.1 billion in 2023 and is expected to reach USD 3.4 billion by 2028, at a CAGR of 2.2% during the forecast period 2023-2028. The air brake system market is expected to grow due to several factors. These include the rising demand for heavy commercial vehicles, the expansion of railways, increased long-haul transportation, and upcoming safety-related...
Automotive HMI Market Size, Share, Trends & Analysis by 2028
The automotive HMI market is projected to grow from USD 23.9 billion in 2023 to USD 40.2 billion by 2028, at a CAGR of 11.0%. The automotive HMI market is being propelled by a range of factors driving widespread adoption at the global level. Vehicle and passenger safety is a primary area of focus for regional regulatory authorities. HMI design aims to minimize distraction and provide easily accessible...
Farm Equipment Industry Size, Share & Trends [2028]
The global farm equipment industry is projected to grow from USD 107.7 Billion in 2023 to USD 136.3 Billion by 2028, at a CAGR of 4.8% during the forecast period. Governments authorities across the different countries are launching incentives schemes to increase the sales of farm equipment and increase the farm mechanization. Combine harvesters and tractors are having high and most of the farmers...
Advanced Tires Market Size, Share, Trends & Analysis by 2030
The advanced tires market is projected to reach USD 3.2 billion by 2030 from an estimated USD 1.3 billion in 2023, at a CAGR of 14.4% from 2023 to 2030. The growth of the advanced tires market is influenced by factors such as growing consumer priority towards safety and performance in their vehicle. Advanced tires offer improved traction, handling, and braking capabilities on all-terrain roads....
Autonomous Trucks Market Size, Share, Growth Analysis by 2035
The global autonomous trucks market size is projected to grow from USD 40.7 billion in 2024 to USD 179.9 billion by 2035, at a CAGR of 14.4%. The Autonomous trucks market is witnessing robust growth driven by increasing demand for autonomous vehicles and innovation around advance driving technologies may drive the market for autonomous trucks.
Electric segment is expected to be the fastest in the...
Exhaust System Market Size, Share, Growth, Analysis [2024-2030]
The global exhaust system market is projected to grow at a CAGR of 3.6% during the forecast period, from an estimated USD 32.9 billion in 2024 to USD 40.6 billion by 2030.
Growing vehicle emissions are leading to stringent emission and fuel economy regulations, and the growing penetration of after-treatment devices in combinations is boosting the growth of the exhaust system market.Further, With...