Automotive Software Market Size, Share, Trends & Forecast by 2030
The global automotive software market size is projected to grow from USD 19.0 Billion in 2023 to USD 32.3 Billion by 2030, at a CAGR of 7.8%. The increasing adoption of L2 vehicles across several countries, combined with the advancement in infotainment systems, are expected to drive the automotive software market. Additionally, booming sales of premium passenger cars paired with adoption of software-over-the-air...
Automotive Cybersecurity Market Projected to Reach $6.0 Billion by 2028
The global automotive cybersecurity market size is projected to grow from USD 2.5 billion in 2023 to USD 6.0 billion by 2028, at a CAGR of 18.5%. The demand for automotive cybersecurity solutions is fueled by the increased use of electronics per vehicle, a growing number of connected cars, reinforcement of mandates by regulatory bodies for vehicle data protection, significantly growing global automotive...
Air Starter Market Size to Grow $559 Million by 2029
The global Air Starter Market in terms of revenue was estimated to be worth $449 million in 2024 and is poised to reach $559 million by 2029, growing at a CAGR of 4.5% from 2024 to 2029 according to a new report by MarketsandMarkets™.
The demand for air starters is on the rise globally, driven by a multitude of factors. Ongoing advancements in air starter technology, such as the use of enhanced...
Automotive Interior Market Size & Share Report 2028
The global automotive interior market size, by value, is estimated to be USD 157.4 billion in 2023 and is projected to reach USD 194.8 billion by 2028, at a CAGR of 4.4% from 2023 to 2028.
The growth of the automotive interior market is influenced by various factors such as Increasing customer preference for convenience, premium features, and advanced safety features, Integration of smartphone...
Automotive Transmission Market Size, Share, Trends & Analysis by 2028
The automotive transmission market is estimated to grow from USD 62.4 billion in 2023 to USD 84.2 billion by 2028 at a CAGR of 6.2% over the forecast period. Market growth is fueled by consumer preferences for driving comfort, safety, and improved acceleration and traction. Technology advancements in the emerging markets, upcoming emission regulations with reduced emission limits, and transmission...
EV Cables Market Size, Share, Growth & Forecast 2028
The Global EV Cables Market Size is projected to grow at a CAGR of 17.2% from USD 8.6 billion in 2023 to USD 19.0 billion by 2028
The major factors driving the growth of the EV cable market are increasing fuel prices that have increased the demand for electric vehicles. Also, heavy R&D activities by EV cable manufacturers to develop EV cables for automobiles are expected to push the growth...
Battery Swapping Market Size, Share, Trends & Forecast by 2027
The battery swapping market is projected to grow from USD 1.7 Billion in 2022 to USD 11.8 Billion by 2027, at a CAGR of 46.9% during the forecast period. This report covers battery swapping market for 2-wheeler, 3-wheeler and 4-wheeler vehicle type and automated and manual swapping station type.
Battery swapping is an alternative to conventional charging and involves replacing depleted batteries...
All-terrain Vehicle Market Size, Share, Report, Forecast 2028
The global all-terrain vehicle market size is projected to grow from USD 3.2 billion in 2023 to USD 3.7 billion by 2028 at a CAGR of 3.0%, from 2023 to 2028.
The all-terrain vehicle (ATV) market is experiencing growth due to the rising demand across various sectors such as agriculture, military and defense, and recreation. Additionally, an increase in recreation and outdoor activities, utility,...
Electric Vehicle Tires Market Size, Share, Trends & Analysis by 2030
The global electric vehicle tires market size is projected to grow from USD 2.8 Billion in 2023 to USD 11.2 Billion by 2030, at a CAGR of 21.7%. Increasing focus toward range efficient tires and increasing penetration of electric vehicles, paired with strong government push to reduce greenhouse gas emissions are anticipated to increase the demand for electric vehice tires all over the world.
Electric...
Automotive TIC Market worth USD 20.9 billion by 2028, at a CAGR of 3.4%
The global automotive TIC market is projected to grow from USD 17.7 billion in 2023 to USD 20.9 billion by 2028, registering a CAGR of 3.4%.
The growing demand of safer, efficient and fuel efficient mobility alternative is expected to drive the demand for automotive TIC services around the world. For instance, the demand for TIC services for automotive components such as EV Battery, EV Motors,...