Automotive Engineering Services Market (2021-2027)
The global Automotive Engineering Services Market is projected to grow at a CAGR of 8.8% from USD 153.3 billion in 2021 to USD 253.9 billion by 2027.
Vehicle manufacturers are increasingly focusing on the implementation of advanced technologies in vehicles. The megatrends of vehicle lightweighting, autonomous vehicles, connectivity services, and electrification of vehicles will transform the...
Automotive Hypervisor Market: Key Players and Forecast
The global Automotive Hypervisor Market is projected to grow at a CAGR of 39.3% during the forecast period to reach $704 million by 2026 from an estimated $134 million in 2021.
The Asia Pacific is estimated to lead the market in 2020; China, Japan, and India are the key contributors to the automotive hypervisor market in the region. The increasing demand for luxury vehicles especially in China...
Unmanned Traffic Management (UTM) Market projected to reach $1,960.6 Million by 2025
The report analyzes the Unmanned Traffic Management Market on the basis of component, (hardware equipment, software tools, and services) wherein services is further divided into security services, flight services, and information services; solution (communication infrastructure, navigation infrastructure, surveillance infrastructure); end-use (agriculture & forestry, logistics &...
Power Supply Market Value to Reach $34.92 Billion by 2023
According to the new market research report “Power Supply Market by Output Power, Product Type, Vertical (Lighting, Consumer Electronics, Telecommunications, Transportation, Food & Beverages, Medical & Healthcare, Military & Aerospace, Industrial), and Geography – Global Forecast to 2023″, published by MarketsandMarkets™, the power supply market is estimated to grow...
Drive By Wire Market -Emerging Innovations Expected to Boost the Global Revenue
The Drive by Wire Market, by value, was estimated to be $24.0 billion in 2020 and is projected to reach $31.9 billion by 2025, at a CAGR of 5.9%.
The growth of the drive by wire market can be attributed to achieving better fuel economy by vehicle weight reduction. Also, owing to the rising demand for premium and luxury vehicles, the demand for advanced technologies is increasing, which, in turn,...
Renewable Drones Market to Grow $148 Million by 2025
The global Renewable
Drones Market size will grow to USD 148 million by 2025 (forecast year)
from USD 45 million in 2020 (estimated year), at a CAGR of 27.1% during 2020-2025.
The rising adoption of drones for reducing inspection, increasing focus on
asset optimization are the driving factors for the Renewable Drones Market,
globally. Increasing adoption of drones for reducing cost of inspection
operation...
Highway Driving Assist Market, 2019–2027 (USD Million)
Highway Driving Assist is a driving convenience and safety system that controls the vehicle’s steering, acceleration, and deceleration functions to reduce driver workload on highways and motorways. It maintains the speed set by the driver, keeps a safe distance from the vehicle directly ahead, keeps the vehicle in the center of its current lane, and automatically changes the lane when required....
Increasing Demand for Occupancy Sensor Market by 2025
The occupancy sensor market is
projected to reach USD 3.6 billion by 2025 from USD 2.9 billion in 2020; it is
expected to grow at a CAGR of 13.3% during the forecast period. The growth of
the occupancy sensor market is driven by factors such as increasing need for
energy-efficient lighting controls and the growing popularity of smart homes. On the other hand, the rising trend of green buildings
across...
Autonomous Truck Market is Expecting Revolutionary Growth in Coming Years
The Global Autonomous Truck Market size is projected to reach USD 1,550 million by 2030, from USD 460 million in 2024, at a CAGR of 22.4%. The forecast period is from 2024 to 2030. The autonomous truck technology is the evolution in the trucking and transportation industry, as it can save a considerable amount of money and solve problems like driver shortage and increasing road accidents. Also, after...
In-Vehicle Computer System Market Growing Immensely at a Global Level
The Global In-Vehicle Computer System Market is projected to reach USD 980 million by 2025 from USD 565 million in 2020, at a CAGR of 11.6%.
In-vehicle computer systems are designed to be used as network video recorder (NVR), in-vehicle gateways, and more, and offer high-performance computing and reliable communication for various automotive applications. These computers are ruggedized to withstand...