Blue Ammonia Market Share Expected to Reach $7,664 Million by 2030
The global Blue Ammonia Market is expected to grow from an estimated USD 78 million in 2023 to USD 7,664 million by 2030, at a CAGR of 62.3% according to a new report by MarketsandMarkets™. Blue ammonia is a type of ammonia that is produced using natural gas as a feedstock, but with the carbon dioxide emissions from the production process captured and stored. This makes blue ammonia a lower-carbon...
Exclusive Growth Opportunity Driving the Future of Carbon Offset/Carbon Credit Industry
The global Carbon Offset/Carbon Credit Industry is expected to grow from USD 414.8 billion in 2023 to USD 1,602.7 billion by 2028, at a CAGR of 31.0% from 2023 to 2028. The voluntary carbon market continues to play a critical role in that transition by helping to channel funding into projects that reduce carbon emissions or remove carbon from the atmosphere. Since, the need to curb global warming...
Connected Tires Market Size, Share, Growth, Report 2028
The global connected tires market size is projected to grow from USD 4 million in 2023 to USD 54 million by 2028, at a CAGR of 67.1%. Connected tires will grow in demand due to their ability to enhance various aspects of driving, vehicle performance, and overall safety. These tires provide real-time monitoring of essential parameters such as tire pressure, tread wear, and temperature. By continuously...
Automatic Tire Inflation System Market Size, Share, Report Forecast 2028
The automatic tire inflation system market size is projected to grow from USD 82 million in 2023 to USD 138 million by 2028, at a CAGR of 10.7% during the forecast period. The increasing demand for automatic tire inflation systems is driven by various factors, including tire and drivetrain life, vehicle fuel economy, demand for safety features, and improved performance on different driving surfaces.
Rapid...
Electric Motors Market Size to Hit $206.4 billion by 2029
The global Electric Motors Market by value, is estimated to be USD 152.2 billion in 2024 and is projected to reach USD 206.4 billion by 2029, growing at a CAGR of 6.3% from 2024 to 2029. Due to the growing demand for electric motors within the global automotive, manufacturing, and renewable energy sectors, among others, the electric motor market has bloomed forth globally. All these sectors inherit...
Future of Digital Cockpit Market Size is to Hit 67 million units by 2030
The digital cockpit market size is projected to reach 67 million units by 2030 from 45 million units in 2024, at a CAGR of 7.0%.
The digital cockpit has rapidly gained popularity among consumers owing to the increasing demand for personalization, multi-display solutions, enhanced safety and convenience, and the integration of AI in cockpit features. OEMs continuously work towards enhancing personalization...
Automotive Telematics Market Size to Hit USD 16.1 Billion by 2030
The Automotive Telematics market growth is projected to grow from USD 9.0 Billion in 2024 to USD 16.1 Billion by 2030 at a CAGR of 10.1% during the forecast period. This growth is mainly driven by the increasing demand for premium and luxury cars, growing concerns regarding safety during breakdowns and accidents, and the rising focus of telematics providers on advanced telematics solutions incorporating...
Car as a Connected Living Ecosystem to Hit worth $1.5 trillion by 2035
The automotive industry is undergoing a profound transformation, driven by the convergence of technology and mobility. The car is no longer merely a transportation device; it’s evolving into a connected living ecosystem, offering a range of services and features that enhance the driving experience and integrate seamlessly with our digital lives.
Market Size and Share
The market for connected...
Exploring the Growth of Electrolyzer Market Size Amidst the Hydrogen Revolution
The global Electrolyzer Market Size is expected to reach USD 57.2 billion by 2030 from USD 0.5 billion in 2023 at a CAGR of 97.7% during the 2023–2030 period. The growing demand for cleaner fuels is one of the major factors driving the Electrolyzers Market. Global electrolyzers demand has been increasing gradually due to goals set to achieve net zero emissions in recent years. Governments worldwide...
Software Defined Vehicle Market Size, Share, Trends & 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%. The growing focus on vehicle safety and the need for autonomous driving experience in cars are driving forces behind the Software Defined Vehicle market. There are various benefits for consumers, one of them is predictive maintenance, which provides...