Automotive Software Market to Show Strong Growth in Near Future
The global automotive software market size is projected to reach USD 40.1 billion by 2027 from USD 21.7 billion in 2022, at a CAGR of 13.1%. The growth of the market is driven by upcoming mandates such as regarding collision avoidance to drive the market.
Governments in European countries as well as in the United States have mandated the use of AEB in vehicles. In May 2018, the European Commission...
Automotive Test equipment Market: Size, Share, Trends and Industry Outlook
The global Automotive Test Equipment Market size is projected to grow at a CAGR of 4.1% during the forecast period, to reach USD 3.7 billion by 2025 from an estimated USD 3.0 billion in 2020. The automobile industry has witnessed a continuous increase in the integration of electronics architecture in vehicles. The rising demand for safety and comfort features has led to huge innovations and R&D...
EV Test Equipment Market by Size, Growth, Trends, Share, and Regional Statistics
The global EV test equipment market size is projected to grow from USD 79 million in 2022 to USD 242 million by 2027, at a CAGR of 25.2%. Factors such as increasing pollution and the threat of global warming have accentuated the need to replace petroleum-fuel vehicles with emission-free substitutes. The increasing demand for electric vehicles is expected to fuel the growth of the market for electric...
Car Care Products Market Extrapolated to Reach $5.5 billion by 2027
The global Car Care Products Market is
projected to grow at a CAGR of 4.7% during the forecast period, from an
estimated USD 4.2 billion in 2021 to USD 5.5 billion by 2027. Car care products
are high-quality chemicals used for better shine, gloss, and longevity of
vehicles. Increase in sale of used cars, use of e-commerce platforms by leading
players to increase customer base are expected to offer...
Automotive Smart Display Market Size, Industry Overview & Growth – 2025
The global automotive smart display market is projected to reach USD 10.9 billion by 2025 from USD 7.2 billion in 2020, at a CAGR of 8.8% during the forecast period. Technological advancements in current generation automotive cockpit electronics along with the increasing trend of connected and autonomous vehicles are further expected to drive the automotive smart display market. Overall, the changing...
EV Charging Cables Market to Show Robust Growth in Near Future
The global EV charging cables market is projected to grow at a CAGR of 29.8%, to reach USD 2,453 million by 2027 from an estimated USD 665 million in 2022. The market growth is driven factors such as increasing adoption of electric vehicles worldwide, rapid growing installation of EV charging stations across the globe and increasing demand for fast charging cables would drive the growth of the market....
Mobility as a Service Market: Emerging Technologies and Growth Strategies Analysis
The Mobility as a Service Market size is
projected to reach USD 40.1 billion by 2030 from an estimated USD 3.3 billion
in 2021, at a CAGR of 32.1% from 2021 to 2030. The
growth of this market is influenced by factors such as increasing smart city initiatives, growing adoption
of on-demand mobility services, need to reduce CO2
emissions, improved 4G/5G infrastructure, and penetration of smartphones.
Therefore,...
Baggage Handling System Market Dynamics: Drivers, Restraints, Key Players
The report “Baggage Handling System Market by Mode (Airport, Marine, Rail), Solution (Check-In, Screening & Load, Conveying & Sorting, Unload & Reclaim), Check-In (Assisted, Self), Conveying (Conveyor, DCV), Tracking (Barcode, RFID), Region – Global Forecast to 2025″ The global baggage handling system market is projected to reach USD 10.3 billion by 2025 from USD 7.5...
Automotive Wheel Market Estimated to reach $50.54 billion by 2025
The report “Automotive Wheel Market by Rim Size (13-15,16-18,19-21,>21 inch), Material (Steel, Alloy, Carbon Fiber), Off-highway (Construction & Mining, Agriculture Tractors) Vehicle Type, Vehicle Class, End-Use, and Region – Global Forecast to 2025″, The automotive wheel market is projected to grow at a CAGR of 5.52% during the forecast period, from USD 32.87 Billion in 2017...
Automotive Data Logger Market Size, Share, Trends and Forecast to 2025
The report “Automotive Data Logger Market by End Market (OEMs, Service Stations, and Regulatory Bodies), Application, Post-Sales Application, Channels, Connection Type, and Region (Asia Pacific, Europe, North America, and RoW) – Global Forecast to 2025″ The automotive data logger market is projected to grow at a CAGR of 7.0% during the forecast period, from USD 3.1 billion in...