Software Defined Vehicle Market Size, Share, Trends | Industry Forecast [2030]
The global Software Defined Vehicle market size is projected to grow from USD 213.5 billion in 2024 to USD 1,237.6 billion by 2030, at a CAGR of 34.0%. There are various factors that affect the growth of demand for SDVs in the global market. Receiving over-the-air updates guarantees that customers’ car software is always up to date with the newest features and vehicle security improvements....
Car as a Connected Living Ecosystem Size, Share, Trends | Forecast [2035]
The Car as a Connected Living Ecosystem Size is estimated to grow from $8 billion in 2023 to more than $1.5 trillion by 2035 at the CAGR of 54.5%.
Factors such as technology developments and advanced connectivity levels across automotive OEMs and customer perceptions & service expectations from connected cars are driving the growth of the car as a connected living ecosystem market. Customers,...
Sensor Fusion Market for Automotive worth $3.3 billion by 2030
The global Sensor fusion market for automotive is projected to grow from USD 0.3 billion in 2023 to USD 3.3 billion by 2030, registering a CAGR of 42.4%.
The sensor fusion market for automotive is experiencing a remarkable surge in growth, revolutionizing the global automotive industry. Integrating sensors, data, and artificial intelligence has transformed how cars perceive and interact with the...
V2X Cybersecurity Market Size, Share, Trends 2028
The global V2X cybersecurity market is projected to grow from USD 1.2 billion in 2022 to USD 3.2 billion by 2028, at a CAGR of 18.1%.
Factors such as developments in connected car technology, paired with increasing growth of automotive V2X market are expected to augment revenues for the V2X cybersecurity market. Rising sales of electric vehicles, in conjunction with development in autonomous vehicles...
Sensor Fusion Market for Automotive Size, Trends, Share, Analysis 2030
The global sensor fusion market for automotive, with an estimated value of USD 2.9 billion in 2021, is projected to reach USD 22.2 billion by 2030, growing at a CAGR of 25.4% during the forecast period. The market growth is driven by several factors, including the strict safety standards implemented in countries like China, India, Brazil, the European Union, the US, and Canada. Furthermore, the increasing...
Sensor Fusion Market for Automotive Size, Trends and Analysis 2030
The global automotive sensor fusion market for ICE vehicle is estimated to be USD 2.9 billion in 2021 and is projected to reach USD 22.2 billion by 2030, growing at a CAGR of 25.4% from 2021 to 2030. Asia-Pacific is estimated to lead the market during the forecast. Demand of premium and luxury cars globally with enhanced safety and comfort features is expected to boost the demand of the sensor fusion...
Sensor Fusion Market for Automotive Analysis, Share, Growth, Demand & Forecast 2030
The Sensor Fusion Market for Automotive is projected to reach USD 22.2 billion by 2030 from an estimated USD 2.9 billion in 2021, at a CAGR of 25.4% during the forecast period.
The growth of the sensor fusion market for automotive is
influenced by a major factor such as the stringency in safety standards in
countries such as China, India, Brazil, European Union, US, Canada, etc. In
addition, the...
Self-Driving Cars Market to Boom in Near Future!
The global Self-driving Cars Market size is projected to grow from 20.3 million units in 2021 to 62.4 million units by 2030, at a CAGR of 13.3%. The growth of the market is driven by the growing demand for driver assistance systems and stringent safety mandates for a safer driving experience.
Upcoming safety mandates and increasing focus on
sophisticated driving assistance features would spur the...
Advanced Driver Assistance System (ADAS): Technological Revolution Fueling Market Growth
The Global Advanced Driver Assistance System (ADAS) Market is projected to reach USD 74.9 billion by 2030, from USD 27.2 billion in 2021, at a CAGR of 11.9%. The growth of the market is driven by the growing demand for driver assistance systems and stringent safety mandates for a safer driving experience.
Upcoming safety mandates and increasing focus on sophisticated driving assistance features would...
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...