Automotive Interior Market Size is Projected to Reach USD 194.8 Billion by 2028
The global automotive interior market, by value, is estimated to be USD 157.4 Billion in 2023 and is projected to reach USD 194.8 Billion by 2028, at a CAGR of 4.4% from 2023 to 2028. In the near future, demand for automotive interior is expected due rising customer preferences for comfort and luxury in vehicles.
Asia Pacific is expected to be the largest market for automotive interior, followed...
Electric Powertrain Market Size to Hit USD 230.5 billion by 2030
The electric powertrain market size is projected to reach USD 230.5 billion by 2030 from an estimated USD 96.7 billion in 2023, at a CAGR of 13.2%, driven by developments in electric powertrain technologies. Stringent emission regulations with reduced emission limits & increased awareness among consumers about the environmental benefits of electric vehicles mainly drive the growth in the electric...
Black Mass Recycling Market to Hit $51.7 Billion by 2032 at 17.3% CAGR
In today’s world, sustainable practices are no longer optional; they are a requirement. This truth is being felt in industries across the board, from automotive and consumer electronics to power and marine sectors. Enter black mass recycling—a game-changing solution that is steadily making its way to the forefront of responsible manufacturing.
So, what exactly is black mass? It’s...
Automotive Green Tires Market Size is Projected to reach USD 15.8 billion by 2028
The global automotive green tires market size is projected to grow from USD 11.5 billion in 2023 to USD 15.8 billion by 2028, at a CAGR of 6.5%. The automotive green tires market is driven by the increasing demand for new and advanced tire technologies is one of the key factors driving the growth of the green tires market. These technologies offer a number of benefits over traditional tires such as...
Hybrid Train Market Size to Hit 446 units by 2030 at a CAGR of 1.1%
The global hybrid train market share is projected to grow from 412 units in 2023 to 446 units by 2030, registering a CAGR of 1.1%. Due to increasing concerns over environmental sustainability, the demand for hybrid trains has surged to the forefront of the transportation industry. These innovative locomotives represent a pivotal step towards addressing the evolving needs of modern rail transport,...
Electric Light Commercial Vehicle Market Size to Hit 3,919.3 thousand units by 2030
The Electric Light Commercial Vehicle (e-LCV) market size is poised for remarkable growth, expected to reach 3,919.3 thousand units by 2030, driven by increased demand for eco-friendly transportation, particularly within the logistics sector. A few key factors propel this market:
Environmental Regulations and Sustainability Goals: Stringent emission regulations worldwide push companies to adopt...
Wireless Charging Market for Electric Vehicles Size is Projected to Reach USD 1279 Million by 2030
The global the wireless charging market for electric vehicles size is projected to grow from USD 80 Million in 2023 to USD 1279 Million by 2030, at a CAGR of 48.4%. The development towards fast-charging infrastructure, combined with the several advantages pertaining to wireless charging over wired charging, are expected to drive the wireless charging market for electric vehicles. Additionally,...