Body Control Module Market Size, Functionality, Vehicle Type, and Key Players – Global Forecast to 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 body control module is the processor-based power distribution center that supervises and controls the function related to vehicle body like lights, windows, door locks, security, access, and comfort controls. The body control module also acts...
Construction Equipment Market Projected to reach $250.4 billion by 2026
The report “Construction Equipment Market by Type
(Excavator-Crawler & Mini, Loader-Backhoe, Skid-steer, Wheel, Dozer, Dump
Truck), Electric Equipment, Propulsion, Power Output, Application, Rental,
Aftertreatment Device, and Region – Global Forecast to 2026″The growth of
this market is fueled by increase in infrastructure investments post-COVID-19
pandemic and developments such...
COVID-19 Impact on EV and EV Infrastructure Market by Vehicle (Passenger Cars and Commercial Vehicles) – Global Forecast to 2021
Post COVID-19, the global Electric Vehicle and Electric Vehicle Infrastructure Market size is projected to reach 4.18 million units by 2021 from an estimated 3.42 million units in 2020, at a CAGR of 22.1%. The projection for 2021 is expected to be down by 34% as compared to pre-COVID estimation.
The growing trend of greener transport is the primary factor responsible for the expected...
EV Battery Market Projected to reach $67.2 billion by 2025
The global EV Battery Market is projected to grow at a CAGR of 25.3% from USD 27.3 billion in 2021 to USD 67.2 billion by 2025. The base year for the report is 2020, and the forecast period is from 2021 to 2025. With the increasing stringency of government mandates regarding emissions caused by vehicles, the automotive industry focuses on efficiency, emission-free propulsion, and innovative technologies....
Electric Vehicle Charging Station Market Estimated to reach 14,623 thousand units by 2027
The report “Electric Vehicle Charging Station Market by Application (Public, Private), Level of Charging, Charging Point Type, Infrastructure, Service Type, Installation, Electric Bus Charging, DC Fast Charging, IOT Connectivity and Region – Global Forecast to 2027” The global electric vehicle charging station market size is projected to grow from 2,354 thousand units in 2022 to...
Automotive Engine Management System Market Current Trends and Future Estimations to 2025
The Automotive Engine Management System (EMS) Market is projected to grow to USD 63.2 billion by 2025 from USD 58.8 billion in 2020, at a CAGR of 1.5% during the forecast period. The demand for automotive engine management system is driven by the implementation of stringent emission norms, fuel efficiency regulations, growing vehicle production around the globe.
The rising demand for improved...
Automotive Lightweight Material Market Projected to reach $116.4 billion by 2025
The global Automotive
Lightweight Material Market in the pre-COVID scenario was
projected to grow from USD 85.2 billion in 2020 to USD 116.4 billion by 2025,
at a CAGR of 7.4% during the forecast period. However, due to COVID-19, most of
the countries have imposed a complete lockdown for almost more than two months,
which, in turn, has impacted vehicle production. The automotive lightweight
material...
Automotive Steering System Market to Observe Strong Growth in Near Future
The global Automotive Steering System Market is
projected to reach USD 36.9 billion by 2025 from USD 29.3 billion in 2020, at a
CAGR of 4.7%. However, the halt in vehicle production across the region has
impacted the automotive steering system market. Despite this, owing to an
increased installation of electric power steering (EPS) in passenger cars and
light commercial vehicles and increasing demand...
Automotive Data Logger Market Current Trends and Future Estimations to 2025
The Automotive
Data Logger Market is projected to grow at a CAGR of 7.0% during
the forecast period and is estimated to be USD 3.1 billion in 2020 and reach
USD 4.4 billion by 2025. The market growth is
primarily driven by factors such as the increase in the government norms
related to vehicle noise and emissions which is leading to higher use of data
loggers at the regulatory bodies’ and OEMs’...
Automotive Filters Market: An Outlook to the Future Global Opportunities
The global Automotive Filters Market in the pre-COVID scenario was projected to grow from USD 19.5 billion in 2021 to USD 23.1 billion by 2026, at a CAGR of 3.4%, during the forecast period. However, due to COVID-19, most of the countries have imposed a complete lockdown for almost more than two months, which, in turn, has impacted vehicle production. The automotive filters market is estimated to observe...