Connected Tires Market Size, Share, Growth Report 2028
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Growing demand for road safety, increased vehicle features are driving the demand for connected tires. With features like tire pressure monitoring, tread wear analysis, and temperature sensing, connected tires offer enhanced safety on the road. Drivers and fleet managers...
Window Lift Motors Market Trends, Size, and Share Projections by 2030
The global window lift motor market size is projected to grow from USD 3.5 Billion in 2024 to USD 3.8 Billion by 2030, at a CAGR of 1.6%. The window lift motors market is rapidly expanding, driven by the growing need for modern automotive features like power windows that improve user comfort. Urbanization, along with rising disposable incomes, is leading to a higher demand for vehicles equipped with...
Robotaxi Market Size, Share, Report, Forecast 2030
The global robotaxi market size, by value, is estimated to be USD 0.4 billion in 2023 and is projected to reach USD 45.7 billion by 2030, at a CAGR of 91.8% from 2023 to 2030.
The growth of the robotaxi market is influenced by the rising demand for ride-hailing services, high R&D investments, and government focus on reducing emissions, infrastructure development, and growth of the electrification...
Automotive Testing Inspection and Certification Market Size, Share & Trends 2028
The global automotive TIC market size is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%.
The growing demand of safer, efficient and fuel-efficient mobility alternative is expected to drive the demand for automotive TIC services around the world. For instance, the demand for TIC services for automotive components such as EV Battery, EV Motors,...
EV Cables Market Size, Share, Growth & Forecast 2028
The Global EV Cables Market Share is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028
The major factors driving the growth of the EV cable market are increasing fuel prices that have increased the demand for electric vehicles. Also, heavy R&D activities by EV cable manufacturers to develop EV cables for automobiles are expected to push the growth...
Automotive Seat Market Size, Share & Forecast 2030
The Automotive seat market size is estimated to grow from USD 53.7 billion in 2023 to USD 58.4 billion by 2030 at a CAGR of 1.2% over the forecast period.
The increasing demand for mid- & full-size SUVs and luxury cars has impacted the automotive seating industry. It has led to the development of seating systems with advanced features, increased capacity, customization options, and safety...
Battery Thermal Management System Market Trends & Analysis by 2030
The Battery Thermal Management System Market Trends are driven by the rapid growth of electric vehicles (EVs), advancements in battery technology, and the increasing deployment of energy storage systems. The Market is evolving as EV manufacturers prioritize the safety, performance, and longevity of batteries. Efficient thermal management is crucial to maintaining the optimal operating temperature...
Battery Thermal Management System Market Trends & Analysis by 2030
The Battery Thermal Management System Market Trends are driven by the rapid growth of electric vehicles (EVs), advancements in battery technology, and the increasing deployment of energy storage systems. The Market is evolving as EV manufacturers prioritize the safety, performance, and longevity of batteries. Efficient thermal management is crucial to maintaining the optimal operating temperature...
Electric Construction Equipment Market Size, Share, Trends | Forecast [2030]
The global electric construction equipment Industry is projected to grow from USD 10.2 billion in 2023 to USD 44.8 billion by 2030, at a CAGR of 23.6% from 2023 to 2030. The market is driven by factors such as – increasing demand to minimize exhaust emissions, operational benefits such as decreased ventilation costs in underground mining & lower operating costs of electric equipment, and...
Automotive Telematics Market Size, Share, Growth, Trends | Forecast [2030]
The Automotive Telematics Industry is projected to grow from an estimated USD 9.0 billion in 2024 to reach USD 16.1 billion by 2030 at a CAGR of 10.1% during the forecast period. Automotive manufacturers are highly focused on collaborating with telematic suppliers to integrate their services into their new models to increase drivers’ and on-road safety. Several automakers offer e-SIM card facilities...