Electric Vehicle Battery Market Share, Analysis, Trends & Forecast by 2033
The global Electric Vehicle Market is projected to grow from USD 132.6 billion in 2023 to USD 508.8 billion by 2033, registering a CAGR of 14.4%. Increased awareness about environmental concerns and the desire for sustainable transportation options are driving consumer interest in electric vehicles. Longer battery life, faster charging times, and increased driving ranges are influencing consumer decisions....
Automotive Piston Pin Market Size worth $314 million by 2025, at a CAGR of 4.0%
The global piston pin market size is projected to grow from USD 259 million in 2020 to reach USD 314 million by 2025, at a CAGR of 4.0%. The growth of the piston pin market can be attributed to the substantial production and sales volumes of ICE vehicles across the world. Also, significant demand for high-performance vehicles that require large engines and the growing trend of CNG, LNG, hybrid, and...
Automotive Brake System Market Size, Share, Trends & Global Forecast by 2028
The automotive brake system market is projected to grow from an estimated USD 23.5 billion in 2023 to USD 30.1 billion by 2028 at a CAGR of 5.1% during the forecast period.
The automotive brake system market growth is mainly driven by the regulations on stopping distance and safety standards in countries such as China, India, Brazil, the European Union, the US, and Canada, among others. Further,...
Automotive Glazing Market Size worth $1.7 billion by 2025, at a CAGR of 9.9%
The global automotive glazing market size is estimated to be USD 1.0 billion in 2020 and is projected to reach USD 1.7 billion by 2025, at a CAGR of 9.9%. The market will be driven primarily because of the increase in demand for vehicle weight reduction owing to stringent emission norms. Polycarbonate weighs 50% less than glass and provides 20 times more strength which is estimated to drive the automotive...
Automotive Power Electronics Market Size worth $4.7 billion by 2025, at a CAGR of 4.7%
The global automotive power electronics market size is projected to grow from USD 3.8 billion in 2020 to USD 4.7 billion by 2025, at a CAGR of 4.7%.
The increasing electronics content inside the vehicle for the operation of specific vehicle applications and government mandates related to carbon emissions and vehicle safety are some of the key factors that will drive the market for automotive power...
Electric Coolant Pump Market Size worth USD 662 million by 2027, at a CAGR of 16.5%
The global electric coolant pump market size for electric vehicles is projected to reach USD 662 million by 2027 from an estimated USD 227 million in 2020 at a CAGR of 16.5% during the forecast period.
The growth of electric coolant pump market size is influenced by factors such as stringency in emission norms, increasing sales of electric vehicles, and turbocharged engines. Additionally, rising...
Semi-Trailer Market Size, Share, Growth, Report, Forecast 2025
The global semi-trailer market was valued at USD 29.5 billion in 2020 and is projected to reach USD 41.2 billion by 2025, growing at a CAGR of 5.6% during the forecast period. The semi trailer market is experiencing unprecedented growth as demand for efficient transportation solutions continues to rise. With an emphasis on durability, versatility, and reliability, semi trailers have become an integral...
Ride Sharing Market Size, Share, Growth, Forecast 2026
The global ride sharing market was valued at USD 85.8 billion in 2021 and is expected to reach USD 185.1 billion by 2026, at a CAGR of 16.6% during the forecast period 2021-2026. The ride-sharing market has transformed the way we travel, providing convenient and affordable transportation options at our fingertips. With the rise of companies like Uber, Lyft, and Grab, commuters around the world...
Rolling Stock Market Size, Share, Analysis, Forecast 2028
Global Rolling Stock Market Size and Growth
The global rolling stock market has witnessed steady growth over the years, driven by factors such as population growth, urbanization, and increasing investments in transportation infrastructure. The global rolling stock market, by value, is estimated to be 54.6 USD billion in 2023 and is projected to reach 65.6 USD billion by 2028, at a CAGR of 3.8%...
Automotive Diagnostic Scan Tools Market Size, Share, Analysis, Growth, Forecast 2026
Growth and Trends in the Automotive Diagnostic Scan Tools Market
The automotive diagnostic scan tools market is witnessing significant growth, driven by advancements in automotive technology and the increasing complexity of vehicles. As vehicles become more sophisticated, with integrated computer systems and advanced sensors, traditional troubleshooting methods are no longer sufficient. Automotive...