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...
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...
Growing demand for smart lighting solutions, and growing demand from horticulture markets are the key driving factors for the LED packaging market
The LED packaging market was valued at USD 17.08 billion in 2016 and is expected to reach USD 26.39 billion by 2023, at a CAGR of 6.2% during the forecast period. The base year considered for the study is 2016 and the forecast period is between 2017 and 2023.
Objectives of the Study:
Define, describe, and forecast the overall market segmented, in
terms of value, on the basis of package...
Artificial Intelligence In Military Market worth 18.82 Billion USD by 2025
The report “Artificial Intelligence in Military Market by Offering (Software, Hardware, Services), Technology (Learning & Intelligence, Advanced Computing, AI Systems), Application (Information Processing, Cyber Security), Platform, Region – Global Forecast to 2025″, The Artificial Intelligence in Military Market is estimated to be USD 6.26 Billion in 2017 and is projected...
Industrial IoT Market Size | IIoT Market | Industry Analysis and Market Forecast to 2023
Industrial IoT Market
is expected to witness high growth during the forecast period. The
market is expected was valued at USD 59.54 billion in 2017 and is
expected to reach USD 91.40 billion by 2023, at a CAGR of 7.39% during
the forecast period. The major factors driving the growth of the IIoT
market include technological advancements in semiconductor and
electronics devices, availability of...