V2X Cybersecurity Market Size to Hit USD 778 million by 2030
The global V2X cybersecurity market growth is projected to grow from USD 43 million in 2023 to USD 778 million by 2030, at a CAGR of 51.3%. The growth of the V2X cybersecurity market is primarily driven by the rapid expansion of connected and autonomous vehicles on the roads. As the automotive industry increasingly integrates V2X communication technologies to enhance vehicle safety, efficiency, and...
Automotive Wiring Harness Market Size to Reach $59.5 billion by 2030
The global automotive wiring harness market size is projected to grow from USD 48.7 billion in 2023 to USD 59.5 billion by 2030, at a CAGR of 2.9% from 2023 to 2030
The automotive wiring harness market size is experiencing significant growth, driven by several key trends shaping the industry’s future. The rising demand for electric vehicles (EVs) and hybrid vehicles is a major factor, as...
Shaping the Future of Flight: Aircraft Seating Market Trends and Forecast to 2029
The aircraft seating market is rapidly evolving as technological advancements, shifting passenger preferences, and industry demands shape the future of air travel. The market is expected to grow from USD 8.9 billion in 2024 to USD 11.2 billion by 2029, at a CAGR of 4.8%, driven by innovations in materials, design, and technology. This growth reflects the increasing focus on fuel efficiency, comfort,...
Recreational Boat Market Size Soars to $25.9 Billion by 2028: Trends and Opportunities
The Recreational Boat Market Size is projected to reach a remarkable $25.9 billion by 2028, driven by a growing demand for leisure activities, water-based tourism, and an increasing preference for outdoor recreational experiences. This market expansion is fueled by a rising interest in boat ownership, advancements in boat technology, and the availability of a wide range of recreational boat options...
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...
Electric Commercial Vehicle Market Size is Projected to Reach USD 255.6 Billion by 2030
The global electric commercial vehicle market growth is projected to grow from USD 70.9 Billion in 2024 to USD 255.6 Billion by 2030, registering a CAGR of 23.8%. The electric commercial vehicle market is growing globally, driven by factors such as excessive emissions by fossil fuel-powered commercial vehicles, fluctuations in fuel prices, and government support through policies. Europe and North...
Synthetic Leather Companies – Kuraray Co., Ltd. (Japan), San Fang Chemical Industry Co., Ltd. (Taiwan) are Leading Players
In terms of value, the synthetic leather market is estimated to grow from USD 68.7 billion in 2023 to USD 88.0 billion by 2028, at a CAGR of 5.1%. Rising demand for sustainable leather materials from industries such as footwear, furnishing, automotive, clothing, bags, purses & wallets, and others for a variety of applications is leading the market. During the forecast period, this is anticipated...
Industrial Vehicles Market Size to Hit USD 64.3 Billion by 2030
The global industrial vehicles market growth is projected to grow from USD 49.2 Billion in 2024 to USD 64.3 Billion by 2030, at a CAGR of 4.6%. The industrial vehicles market is experiencing steady growth due to increased automation and efficiency demands in warehouses and manufacturing facilities. Additionally, the expansion of e-commerce and logistics sectors drives the demand for material handling...
Electric Tractor Market Size is Projected to Reach USD 3.4 billion by 2030
The global electric tractor market growth is projected to grow from USD 0.7 billion in 2024 to USD 3.4 billion by 2030, at a CAGR of 28.3% during the forecast period. The electric tractor market is being driven by growing stringency in emission regulations, advancements in battery technology, and government incentives & regulations.
The battery electric tractors hold the largest market for...
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...