EV Battery Industry Insights: Market Size, Share, Trends, and Forecast to 2033
The global EV battery industry is projected to grow from USD 132.6 Billion in 2023 to USD 508.8 Billion by 2033, registering a CAGR of 14.4%. As concerns about climate change and air pollution mount, people are increasingly turning to EVs as a cleaner and more sustainable alternative to gasoline-powered vehicles. This surge in demand for EVs is naturally driving up the demand for EV batteries. Further,...
Electric Coolant Pump Market Size, Share, Trends | Analysis [2030]
The electric coolant pump market size is projected to grow from USD 1.9 billion in 2024 to USD 3.9 billion by 2030 at a CAGR of 12.8% during the forecast period.
The growth of the electric coolant pump market is influenced by factors such as growing stringency in emission regulations with decreased emission limits, where electric coolant pumps can help reduce engine load and lower emissions. Factors...
Industrial Vehicles Market Size, Share, Trends | Forecast [2030]
The global industrial vehicles market size is projected to grow from USD 43.1 billion in 2024 to USD 56.7 billion by 2030, at a CAGR of 4.6%. Government investments in infrastructure development projects are fueling the growth of the industrial vehicles market on a global scale. Initiatives aimed at modernizing transportation networks, constructing new warehouses, and enhancing logistics capabilities...
What’s Driving the Automotive V2X Market Size Towards $9.5 Billion by 2030?
The Automotive Vehicle-to-Everything (V2X) Market is set to experience remarkable growth over the coming years, with its size projected to grow from USD 0.5 billion in 2023 to USD 9.5 billion by 2030, at a CAGR of 51.9%. This substantial expansion reflects a compound annual growth rate (CAGR) driven by the increasing adoption of V2X technology in connected and autonomous vehicles.
V2X technology,...
Global Biometric System Market: Growth Trends, Regional Insights, and Future Opportunities
The biometric system market is undergoing a significant transformation, driven by advancements in technology and increasing demand for secure and efficient authentication methods. As biometric systems become more prevalent across various sectors, understanding the growth trends, regional insights, and future opportunities is essential for stakeholders looking to navigate this dynamic industry. This...
Acoustic Vehicle Alerting System (AVAS) Market Size, Share, Trends | Forecast [2030]
The global AVAS market Size is projected to grow from USD 1.2 billion in 2024 to USD 1.7 billion by 2030, at a CAGR of 6.4%.
The AVAS market is driven by the increasing adoption of electric and hybrid vehicles, which are quieter than traditional internal combustion engine vehicles and require AVAS to ensure pedestrian safety. Regulatory mandates from governments and international bodies, such as...
Automotive Conformal Coatings Market Size, Share, Trends | Forecast [2030]
The automotive conformal coating market is projected to reach USD 3.5 billion by 2030, from an estimated USD 2.0 billion in 2024, at a CAGR of 10.0% during the forecast period.
Automotive manufacturers are subject to stringent industry standards and regulations aimed at ensuring vehicle safety, reliability, and performance. These standards often mandate rigorous testing and protection of electronic...
Explosive Growth: Streaming Analytics Market to Reach $125.85B by 2029
The Streaming Analytics Market is on the verge of an exponential expansion, with projections indicating growth from USD 29.53 billion in 2024 to an astounding USD 125.85 billion by 2029. This remarkable growth, at a Compound Annual Growth Rate (CAGR) of 33.6%, is fueled by the increasing demand for real-time data insights and the rising volume of big data. According to a research report...
Relay Industry Size to Receive Overwhelming Hike in Revenues By 2030
Relay Industry Size to Witness a Pronounce Growth During 2022 To 2030
The global relay industry size is estimated to be USD 9.0 billion in 2022 and is projected to reach USD 14.7 billion by 2030, at a CAGR of 6.3% during the forecast period. The relay industry is driven by the rising investments in renewable energy resources. According to the International Energy Agency (IEA) forecast, the total...
Electric 3 wheeler Market Share, Trends | Forecast [2030]
The Electric 3 wheeler Market Size is projected to grow from USD 1.3 billion in 2024 to USD 1.5 billion by 2030, registering a CAGR of 2.2%.
The electric 3 wheeler market has experienced notable growth in recent years, attributed to several factors including escalating fuel prices, government incentives, and the introduction of innovative technologies. As governmental regulations become increasingly...