The global automotive finance market size was valued at USD 220.18 billion in 2019 and is expected to exhibit a CAGR of 6.7% from 2020 to 2026. The incorporation of attractive technology-specific features in the latest automotive parts and the use of good quality materials are leading to...Read More »
December : 2019The Africa electric scooters market size was valued at USD 36.5 million in 2018 and anticipated to exhibit a CAGR of 6.5% from 2019 to 2025. Growing awareness among consumers regarding the adoption of eco-friendly transportation and rising demand for electric scooter sharing services hav...Read More »
December : 2019The global road safety market size was valued at USD 2.7 billion in 2018 and is expected to register a CAGR of 10.5% from 2019 to 2025. Road safety involves products, solutions, and services used to maintain traffic discipline and prevent road accidents. Products include traffic enforcem...Read More »
December : 2019The automotive wheels aftermarket size was valued at USD 5.79 Billion in 2018. The market is expected to register a CAGR of 3.0% from 2019 to 2025. Automotive wheels market has gained high traction in the last few years, owing to the high demand for the racing, sport, and luxury passenge...Read More »
December : 2019The global skid steer loaders market size was valued at USD 2.15 billion in 2018 and is expected to register a revenue-based CAGR of 2.4% from 2019 to 2025. Globally, around 42 thousand skidsteers were sold in 2018 and the demand is expected to exceed 60 thousand units by 2025. The antic...Read More »
December : 2019The global riveting tools market size was valued at USD 206.8 million in 2018 and expected to register a CAGR of 4.5% from 2019 to 2025. Growing infrastructure development and enhancements in the construction industry are anticipated to drive the demand for riveting tools, particularly f...Read More »
December : 2019The global automotive air filters market size was valued at USD 3.9 billion in 2018, exhibiting a CAGR of 4.8% over the forecast period. Rising product demand from the automotive industry owing to stringent government regulations for vehicle emission is estimated to fuel the market growt...Read More »
December : 2019The global all-terrain vehicle market size was valued at USD 3.9 billion in 2018 and is anticipated to expand at a CAGR of 3.1% from 2019 to 2025. The growing popularity of outdoor entertainment activities such as off-road sports activities, increasing number of trails and adventure park...Read More »
December : 2019The global automatic number plate recognition system market size was estimated at USD 1.9 billion in 2018 and is expected to exhibit a CAGR of 6.8% from 2019 to 2025. Automatic number plate recognition is a technology that is used in mass surveillance to capture the image of vehicles to ...Read More »
December : 2019The global in-flight catering services market size was valued at USD 16.74 billion in 2018 and is anticipated to witness a significant CAGR of 5.7% between 2019 and 2025. A rise in the number of long-haul and non-stop flights, primarily due to the upsurge in leisure as well as business t...Read More »
December : 2019The Germany automotive aftermarket size was valued at USD 21.5 billion in 2018 and is expected to register a CAGR of 1.1% from 2019 to 2025. The aftermarket has gained high traction with increasing service orientation and new product innovation. High capacity engines, turbochargers, and ...Read More »
December : 2019The global Electric Vehicle Supply Equipment market size was valued at USD 14.1 billion in 2018, registering a CAGR of 33.1% from 2019 to 2025. EVSE is a supply equipment used for charging electric vehicles in various residential and commercial locations such as homes, corporate offices,...Read More »
November : 2019The global Electric Vehicle Communication Controller market size was valued at USD 61.1 million in 2019, registering a CAGR of 32.5% from 2020 to 2026. EVCC is a component that establishes a gateway to exchange information such as charging data between the charging station and vehicle En...Read More »
November : 2019The global automotive collision repair market size was valued at USD 176.3 billion in 2018 and is projected to expand at a CAGR of 2.3%, from 2019 to 2025. The growth can be attributed to the advancements in automotive repair technology. For instance, various manufacturers are adopting a...Read More »
November : 2019The global aerospace and defense maintenance, repair, and overhaul (MRO) market size was estimated at USD 161.60 billion in 2018 and is expected to expand at a CAGR of 5.4% from 2019 to 2025. The industry is expected to be driven by burgeoning demand for air travel, coupled with delay in...Read More »
November : 2019The global semi-trailer market size was valued at USD 21.0 billion in 2018 and is expected to exhibit a CAGR of 3.1% over the forecast period. The market is expected to witness a steady growth rate on the back of growing logistics industry. Furthermore, the growing popularity of semi-tra...Read More »
November : 2019The global commercial helicopter market size was valued at USD 5.30 billion in 2018 and is expected to expand at a CAGR of 3.8% from 2019 to 2025. Increasing usage of helicopters in Emergency Medical Services (EMS), Search and Rescue (SAR), and firefighting operations is expected to boos...Read More »
October : 2019The global precision gearbox market size was valued at USD 1.6 billion in 2018 and is projected to exhibit a CAGR of 7.4% over the forecast period. Rising product demand from several application industries, especially packaging, robotics, and military, is anticipated to propel market gro...Read More »
October : 2019The global business jet market size was valued at USD 23.57 billion with an estimated 703 jets delivered in 2018. The market is expected expand at a CAGR of over 3% over the forecast period. Factors such as continuous wealth creation in mature markets as well as the rising penetration of...Read More »
October : 2019The global aircraft MRO market size was valued at USD 75.71 billion in 2018 and is anticipated to register a CAGR of over 4.7% from 2019 to 2025. Aircraft maintenance can be viewed as the integration of various multifaceted activities, commonly referred to as Servicing, Maintenance Repai...Read More »
October : 2019The U.S. automotive aftermarket was valued at a market size of USD 75.31 billion in 2018, and is expected to register 1.8% CAGR from 2019 to 2025. The automotive industry has experienced a substantial boost in the sales of OEMs and aftermarket parts in the U.S. as the aftermarket busines...Read More »
October : 2019The U.S. automotive collision repair market size was valued at USD 33.75 billion in 2018 and is expected to register a CAGR of 1.5% from 2019 to 2025. Transport authorities and local governments in the U.S. have made it mandatory for car owners to carry an active car insurance policy. Th...Read More »
September : 2019The electric vehicle battery market size was valued at USD 13,383.0 million in 2018 and is expected to register a CAGR of 16.7% from 2019 to 2025. The growing emphasis of leading automakers, including Bayerische Motoren Werke AG, General Motors, and Ford Motors on rolling out electric ve...Read More »
September : 2019The global electric mobility market size was valued at USD 125,057.3 million in 2018 and is expected to register a CAGR of 21.6% from 2019 to 2025. Concerns regarding the continuously rising greenhouse gas and carbon footprint of the automotive and transportation industries are encouragi...Read More »
September : 2019The global automotive steel market was valued at USD 104.47 billion in 2018 and is expected to witness a CAGR of 3.2% from 2019 to 2025. Increasing demand to reduce the weight of automobiles is expected to positively contribute in the industry growth. The automotive industry faces numero...Read More »
September : 2019The North America MUV rental market size was valued at USD 5.86 billion in 2018 and is anticipated to register a CAGR of 4.0% over the forecast period. The number of travelers in North America for business and leisure purposes has significantly increased in recent years. Although public ...Read More »
September : 2019The global vehicle access control market size was valued at USD 8,624.5 million in 2018 and is expected to exhibit a CAGR of 10.6% over the forecast period. The increase in the rate of vehicle theft across developing and developed countries is emerging as one of the major factors that ar...Read More »
September : 2019The global automotive e-axle market size was valued at USD 6,405.1 million in 2018 and is expected to register a CAGR of 23.7% from 2019 to 2025. The market is primarily driven by the growing sales of battery electric vehicles along with the growing adoption of automotive e-axles in the ...Read More »
August : 2019The global aerospace engineering services outsourcing market size was valued at USD 37.79 billion in 2018 and is expected to exhibit a CAGR of 25.9% from 2019 to 2025. ESO, short for engineering services outsourcing, continues to acquire a larger share in the world’s total demand f...Read More »
August : 2019The global automotive axle market size was valued at USD 87,133.0 million in 2018 and is projected to register a CAGR of 4.1% over the forecast period. In terms of volume, the market size is expected to reach 423.0 million units by 2025. The growing consumer preference for hybrid vehicle...Read More »
August : 2019The global automotive hypervisor market size was valued at USD 97.3 million in 2018 and is expected to register a CAGR of 33.2% over the forecast period. A hypervisor is a program that allows multiple operating systems and applications to share a single hardware processor. The system on ...Read More »
August : 2019The global light duty vehicles market size was valued at USD 522.62 billion in 2018 and is expected to register a CAGR of 8.5% from 2019 to 2025. Light duty vehicle is defined as a truck or car with Gross Vehicle Weight Rating (GVWR) of less than 8,500 lbs. The demand for light duty vehi...Read More »
August : 2019The rolling stock market was valued at USD 56,716.9 million in 2018 and is estimated to grow significantly with a CAGR of 4.2% over the next six years. Rolling stock has facilitated easy transportation between various destinations with benefits such as cost-effectiveness, reliability, an...Read More »
August : 2019The global parking management market size was valued at USD 3,684.1 million in 2018 and is expected to register a CAGR of 9.4% from 2019 to 2025. An increase in the number of vehicles across the world is driving the demand for an effective management system to counter parking issues. The...Read More »
August : 2019The global smart parking system market was valued at USD 3,406.8 million in 2018 and is projected to grow significantly over the forecast period. While the rising number of vehicles across the globe is leading to traffic congestions in various parts of the world, it is equally making it ...Read More »
July : 2019The global in-car infotainment system market size was valued at USD 17,181.7 million in 2018 and is expected to register a CAGR of 12.6% from 2019 to 2025. The growing demand for systems that can facilitate in-car comfort, entertainment, and convenience, including on-demand music, smartp...Read More »
July : 2019The U.S. electric vehicle charging infrastructure (EVCI) market size was valued at USD 1.10 billion in 2018 and is projected to expand at a CAGR of 39.3% from 2019 to 2025. This can be attributed to government regulations and investments for developing infrastructure for Electric Vehicle...Read More »
July : 2019The MEA 8X8 armored vehicle market size was valued at USD 745.5 million in 2018 and is expected to expand at a CAGR of 5.8% from 2019 to 2025. Increasing focus of armed forces on safeguarding soldiers from all sorts of internal and external threats is expected to drive the growth. High e...Read More »
July : 2019The global automotive electronic control unit market size was estimated at USD 63.6 billion in 2018 and is projected to expand at a CAGR of 4.4% from 2019 to 2025. The sales of automotive electronic control units (ECUs) are expected to reach 3.29 billion units by 2025. Increasing adoptio...Read More »
July : 2019The global dump trucks market size was estimated at USD 39.97 billion in 2018, exhibiting a CAGR of 8.6% over the forecast period. Increased government funding on substantial infrastructure and technological improvisation of these vehicles are expected to drive the market. According to t...Read More »
July : 2019The global transportation management systems market size was valued at USD 61.27 billion in 2018 and is expected to expand at a CAGR of 16.2% over the forecast period. The emergence of advanced technologies, growth in the retail and e-commerce sector, high Return on Investment (RoI), and...Read More »
June : 2019The global automotive cyber security market size was valued at USD 1.44 billion in 2018 and is projected to witness a CAGR of 21.4% over the forecast period. Growing emphasis of OEMs on autonomous driving and connected car systems have increased the risk of data breaching, thus augmentin...Read More »
June : 2019The global utility trucks market size was estimated at USD 47.90 billion in 2017 and is projected to expand further at a CAGR of 7.7% over the forecast years. Increasing municipal budget allocations and growing need for sustainable infrastructure are boosting the adoption of utility truc...Read More »
June : 2019The global material handling equipment market size was USD 26.62 billion in 2018 and is expected to expand at a CAGR of 6.8% over the forecast period. Rising demand for incorporation of automation and modernization in manufacturing processes, expansion of the aviation industry and e-comm...Read More »
June : 2019The global automated fare collection market size was valued at USD 8.15 billion in 2018 and is projected to expand at a CAGR of 13.6% from 2019 to 2025. AFC systems comprise automatic ticket vending machines, card recharge terminals, gate machines, and ticket checking machines. Rising de...Read More »
June : 2019The global car rental market size was valued at USD 88.2 billion in 2018 and is expected to register a CAGR of 5.1% over the forecast period. Upsurge in travel and tourism activities across the globe is expected to drive the industry over the coming years. Improved road infrastructure, c...Read More »
June : 2019The global Electric Vehicle Charging Infrastructure (EVCI) market size was valued at USD 8.42 billion in 2018 and is projected to expand further at a CAGR of 32.6% from 2019 to 2025. Growing sales of EVs due to government initiatives and support, in terms of tax credits and lucrative sub...Read More »
May : 2019The truck platooning market is projected to grow a substantial CAGR over the forecast period owing to key benefits offered such as reduced operational cost and enhanced vehicle safety. Truck Platooning refers to a convoy of two or more trucks linked to each other using automated and conn...Read More »
The vertical mobility market is poised to witness a significant growth rate in the next eight years owing to the benefits such as faster mode of transport, saving time on traffic congestions, and flexibility, among others. Vertical mobility generally requires low infrastructure investmen...Read More »
Air taxi is a well-organized aircraft and is an easy solution to commute over shorter distances. Its compact size and operational capabilities allow it to land and take-off from shorter runways. It is expected to be operated via smaller local airports with less or no air traffic, and whi...Read More »
The global Intelligent Transportation System (ITS) market was valued at USD 25.58 billion in 2018 and is anticipated to register a CAGR of 10.5% over the forecast period. The need for presenting real-time traffic information to drivers and passengers is one of the key factors driving the...Read More »
April : 2019The global electric axle drive market is anticipated to witness considerable growth over the forecast period. One of the major factor driving the electric axle market is the fact that these systems are highly compact and cost-effective, as they combine the three powertrain components - p...Read More »
The global automotive aftermarket size was valued at USD 369.2 billion in 2018 and is anticipated to expand at a CAGR of 3.9% from 2019 to 2025. The market is majorly driven by the pursuit of automobile drivers to enhance their vehicle performance in terms of exhaust sound, speed, and ap...Read More »
April : 2019The global bearings market size was valued at USD 102.2 billion in 2018 is anticipated to expand at a CAGR of 9.1% from 2019 to 2025. Bearings are virtually used in every kind of equipment or machinery, ranging from automobile parts, farm equipment, and household appliances to defense an...Read More »
March : 2019The global Road Marking Machine market size was valued at USD 6.05 billion in 2018 and is estimated to register a CAGR of 9.3% by 2025 owing to increasing investments in the development of road infrastructure. Road markings form an integral part of road safety and maintenance as they hel...Read More »
March : 2019The global automotive electronics market size was valued at USD 230.28 billion in 2018 and is anticipated to expand further at a CAGR of 8.7% during the forecast years. Growing adoption and integration of advanced safety-systems, such as airbags, Automatic Emergency Braking (AEB), and La...Read More »
February : 2019The global electric scooters market size was valued at USD 17.43 billion in 2018 and is projected to witness a CAGR of 8.5% during the forecast period. The market is driven by a strong presence of Original Equipment Manufacturers (OEMs) enhancing their product portfolio. Declining costs ...Read More »
February : 2019The global ride sharing market size was valued at USD 6.68 billion in 2017. It is projected to expand at a CAGR of 7.5% over the forecast period. The need to reduce urban traffic congestion and demand for cost effective mode of commute with better comfort are the key factors driving the ...Read More »
February : 2019The global armored vehicle market size was valued at USD 25.5 billion in 2018 and is expected to exhibit a CAGR of 5.4% from 2019 to 2025. The market has witnessed considerable growth owing to increasing focus on safeguarding soldiers from external and internal threats. Growing awareness...Read More »
February : 2019The global material handling equipment telematics market size was valued at USD 3.18 billion in 2017. It is expected to expand at a CAGR of 11.7% during the forecast period. The industry has witnessed significant developments in the past few years. Technological advancements and increase...Read More »
January : 2019The U.S. recreational vehicle awnings market size was estimated at USD 1.20 billion in 2017 and is expected to register a CAGR of 4.2% from 2018 to 2025. Increasing demand for and sale of the product on account of rising affinity of U.S. consumers for outdoor recreational activities, inc...Read More »
January : 2019The global electric transporters market size was valued at USD 35.10 billion in 2017. It is anticipated to expand at a CAGR of 8.4% during the forecast period. Increase in fuel prices have led to increased sales of electric transporters in the last few years. Electric transportation is p...Read More »
January : 2019The global shared mobility market size was valued at USD 104.95 billion in 2017. It is anticipated to expand at a CAGR of over 25% from 2018 to 2025. Growing penetration of connected vehicles and smartphones is one of the key trends escalating market growth. Increasing on-road vehicle tr...Read More »
January : 2019The global off-highway vehicle lighting market size was estimated at USD 763.1 Million in 2017 and is projected to expand at a CAGR of 7.0% over the forecast period. This growth can be attributed to the high demand for construction and mining equipment worldwide. Moreover, increasing ado...Read More »
January : 2019The U.S. ceramic brake disc market size was estimated at USD 89.1 million in 2017. It is anticipated to expand at a CAGR of 2.6% over the forecast period. Reduction in unsprung mass in a vehicle and high durability and low maintenance of the product are anticipated to drive adoption of c...Read More »
January : 2019The U.S. automotive battery aftermarket size was valued at USD 3.8 billion in 2017 and is expected to register a CAGR of 1.4% from 2018 to 2025. The market is majorly driven by stringent government regulations and emission norms governing the auto industry. Regional regulatory authoritie...Read More »
January : 2019The global aerospace parts manufacturing market size was estimated at USD 877.0 billion in 2018. It is expected to expand at a CAGR of 3.9% from 2018 to 2025. Increasing demand for commercial aircraft owing to the rise in fleet replacement to retire aging aircrafts with new-generation, l...Read More »
January : 2019The global automotive HVAC market size reached USD 15.28 billion by 2025. It is expected to post a CAGR of 8.6% over the forecast period. Surging demand for passenger vehicles and soaring need for more luxurious and comfort travel options have been propelling the market. Changing environ...Read More »
December : 2018The global electric vehicle (EV) range extender market demand was pegged at 247,285 units in 2017 and is likely to exhibit a CAGR of 10.2% from 2018 to 2025. An electric vehicle (EV) range extender includes a variety of components such as generators, battery packs, power converters, and ...Read More »
December : 2018The global dashboard camera market size was valued at USD 2.19 billion in 2017, with an estimated 27.5 million units sold that year. Colloquially referred to as dashcams or dash cams, dashboard cameras are expected to witness an upsurge in demand for installation in passenger and c...Read More »
December : 2018The global internal combustion engine (ICE) market demand was pegged at 157,105 thousand units in 2017 and is expected to exhibit a CAGR of 4.9% from 2018 to 2025. The market, over the last few years, has faced challenges due to heavy dependence on already limited reserves of fossil fuel...Read More »
December : 2018The global bicycle market size was valued at USD 47.51 billion in 2017. It is expected to expand at a CAGR of 6.1% from 2018 to 2025. The increase in number of people opting for bicycling as a form of leisure is anticipated to propel the growth. Preference for bicycle as a convenient for...Read More »
November : 2018The fuel cell vehicle market size was valued at USD 194.5 million in 2017 and is expected to register a 33.7% CAGR over the forecast period. Fuel cell vehicles (FCVs), or fuel cell electric vehicles (FCEVs), have gained much prominence in recent times owing to a surge in usage of convent...Read More »
November : 2018The global farm tire market size was estimated at USD 4.80 billion in 2017 and is expected to register a CAGR of 4.8% over the forecast period. Increasing need to bridge demand-supply gap of agricultural produce has resulted in demand for automation in farming activities. This is likely ...Read More »
November : 2018The global amusement parks market size was valued at USD 45.2 billion in 2017. It is likely to expand at a CAGR of 5.8% from 2018 to 2025. Innovative rides, accommodation facilities, and merchandise in amusement parks are gaining popularity among visitors of all age groups. As a result, ...Read More »
November : 2018The global automotive airbag and seat belt market size was valued at USD 46.42 billion in 2017 and is anticipated to expand at a CAGR of 5.9% over the forecast period. Continuous efforts taken by prominent companies to introduce innovative airbag and seatbelt technologies have contribute...Read More »
October : 2018The Middle East intelligent transportation systems (ITS) market size was valued at USD 2.82 billion in 2017. It is poised to exhibit a CAGR of 11.6% during the forecast period. Need to present real-time traffic information to drivers and passengers is one of the key trends stimulating th...Read More »
October : 2018The global on-demand transportation market size was valued at USD 75.0 Billion in 2017 and is anticipated to expand at CAGR of 19.8% from 2018 to 2025. Increased problems related to traffic, growing fuel costs, and reduced parking spaces are driving the market growth. Moreover, increasin...Read More »
October : 2018The global fixed-wing air ambulance service market size was valued at USD 977.6 million in 2017. It is anticipated to rise at a CAGR of 9.4% during the forecast period. These ambulances are used to offer emergency medical transport facilities for enabling patients to travel to-and-from h...Read More »
October : 2018The global automotive connectors market size was valued at USD 15.58 billion in 2017, expanding at CAGR of 7.4% over the forecast period. Growth can be attributed to rising demand for connectivity, convenience, and safety features in passenger cars as well as commercial vehicles. Technol...Read More »
September : 2018The global automotive natural gas vehicle (NGV) market demand was estimated at 24,400.00 thousand units in 2017. It is expected to exhibit a CAGR of 3.0% during the forecast period. Rising support from several governments worldwide for the adoption of NGVs is one of the primary growth st...Read More »
September : 2018The global barge transportation market size was valued at USD 107.8 billion in 2017. It is projected to reach progress at a CAGR of 3.4% from 2018 to 2025. Rising demand for petrochemical products across developed as well as developing countries, including the U.S., China, and Germany, i...Read More »
September : 2018The global heavy-duty automotive aftermarket size was valued at USD 109.5 billion in 2017 and is anticipated to exhibit a CAGR of 4.5% from 2018 to 2025. Rising technological advancements such as development of connected and autonomous trucks are expected to boost demand over the forecas...Read More »
September : 2018The global commercial vehicles market size was valued at USD 1.32 trillion in 2017 and is estimated to expand at a CAGR of 7.1% from 2018 to 2025. Although the market has been witnessing stagnant growth over the last few years, it is anticipated to recover with improved sales performance...Read More »
July : 2018The automotive wiring harness market size was valued at USD 48.42 billion in 2017, expanding at a CAGR of 6.2%. Increasing integration of electronic devices into vehicles in order to provide enhanced safety features has positively influenced market growth. Employing these systems in a ve...Read More »
July : 2018The global on-highway vehicle lighting market size was valued at USD 27.38 billion in 2017 and is expected to grow at a CAGR of 5.4% over the forecast period. The market is driven by growing automobile production across various developed and developing regions, specifically in emerging e...Read More »
July : 2018The global leisure boat market size was USD 36.60 billion in 2017. It is expected to expand at a CAGR of 4.3% from 2018 to 2025. Booming tourism sector and rising disposable income of citizens in emerging economies, such as Brazil and China, are some of the key trends escalating market g...Read More »
June : 2018The global self‑driving cars and trucks market size is expected to be approximately 6.7 thousand units in 2020 and is anticipated to expand at a CAGR of 63.1% from 2021 to 2030. Self-drive cars, also known as autonomous vehicles, are a key innovation in the automotive industry. These v...Read More »
June : 2018The global rear-view mirror market size was USD 9.64 billion in 2016 and is expected to register a CAGR of 5.7% over the forecast period. Increasing stringency of vehicle safety standards is the prime factor driving market growth. Increasing demand for premium vehicles has further elevat...Read More »
May : 2018The global automotive chip market size was valued at USD 22.73 billion in 2016. It is projected to expand at a CAGR of 10.7% over the forecast period. Surging demand for enhanced automobile connectivity chips, which provide high capacity data networking, and new age smart vehicles that e...Read More »
May : 2018The global smart transportation market size was valued at USD 56.25 billion in 2016, expanding at a CAGR of 22.5% over the forecast period. The primary factor responsible for market growth is increasing focus of governments on building smart cities. This is anticipated to drive its deman...Read More »
April : 2018The global aircraft seat actuation systems market size was valued at USD 228.2 million in 2016, expanding at a CAGR of 14.1% over the forecast period. The market is anticipated to foresee significant growth, primarily due to increasing demand for lighter aircraft that facilitates high fu...Read More »
April : 2018The Asia Pacific automotive suspension systems market size was valued at USD 30.5 billion in 2016. It is expected to expand at a CAGR of 4.44% over the forecast period. Burgeoning sales of luxury vehicles, advancements in vehicle technologies, increasing global vehicle production, and fl...Read More »
April : 2018The global automotive sunroof market size was valued at USD 6.2 billion in 2016. It is expected to expand at a CAGR of 6.9% over the forecast period. The demand for automotive sunroofs is increasing in line with shifting consumer preference towards enhanced driving experience. Growing tr...Read More »
March : 2018The global automotive interior ambient lighting market size was valued at USD 2.47 billion in 2016 and is expected to record a CAGR of 7.2% over the forecast period. Market growth can be attributed to rise in sales of luxury vehicles, improving advancements in the automotive industry, an...Read More »
March : 2018The global rear spoiler market size was valued at USD 3.81 billion in 2016. Growing demand for safe and fuel-efficient vehicles and increasing sales of SUVs and MUVs are the key trends escalating market growth. Additionally, increasing fuel costs are encouraging users to invest in rear s...Read More »
March : 2018The global automotive battery market size was valued at USD 48.71 billion in 2016. The market is expected to witness significant growth over the coming years owing to rapid expansion in the automotive industry in emerging economies such as Mexico, Vietnam, Indonesia, India, and Thailand....Read More »
March : 2018Automotive metal stamping market size was USD 70.42 billion in 2015. Automotive metal stamping is a process of converting sheet metal into shapes & sizes based on the end-user requirements. The industry is highly influenced by metal consumption patterns in all applications segments. ...Read More »
February : 2018The global truck racks market size was estimated at USD 724.2 million in 2016. Growing demand for the product as an accessory to transport various industrial and sports-related equipment is expected to stoke market growth. In addition, increase in sales of pickup trucks, primarily in Nor...Read More »
February : 2018The global Advanced Driver Assistance Systems (ADAS) market size was estimated at USD 14.15 billion in 2016. Increasing demand for these systems in compact cars is anticipated to be a key factor driving market growth. Additionally, increasing government regulations for mandatory implemen...Read More »
February : 2018A turbocharger is termed as a forced induction system that utilizes energy of exhaust gases from the engines via a turbine. This helps in the induction of a volume of air into combustion chamber. The power output of the engine can be enhanced by increasing the volume of inlet fuel air mi...Read More »
The global autocatalyst market size was estimated at 114,492.5 thousand units in 2016. Rising environmental concerns owing to the harmful emissions emitted from automobile coupled with strict environmental regulations in this regard has led to the incorporation of technologically advance...Read More »
November : 2017The global automotive relay market size was valued at USD 11.39 billion in 2016, growing at an estimated CAGR of 5.9% from 2017 to 2025, further the demand is expected to reach 5.17 billion units by 2025. Electric automotive parts have diversified over the past decade, leading to an incr...Read More »
November : 2017The global commercial aircraft landing gear market size was estimated at USD 5.12 billion in 2016 and is expected to witness substantial growth over the forecast period. The expansion in the fleet size of major airlines and the surging growth in the commercial aviation sector is expected...Read More »
November : 2017The global automotive brake systems market size was valued at USD 19,471.6 million in 2016 and is expected to grow at a CAGR of 5.5% over the forecast period. The market is expected to witness a significant upsurge over the next eight years, owing to the implementation of advanced system...Read More »
October : 2017The global automotive RADAR market size was valued at USD 2,253.8 million in 2016 and is expected to grow at a CAGR of 20.8% over the forecast period. The rising number of accidents and growing need for safer mobility are the primary factors driving growth of the automotive radar market....Read More »
August : 2017The global automotive metal market size was worth USD 84.66 billion in 2016. Growing demand for vehicles coupled with abundant raw material availability are the key factors for the growth globally. In addition, government efforts to enhance the manufacturing capabilities in the emerging ...Read More »
August : 2017The global wholesale and distribution automotive aftermarket size was valued at USD 150.58 billion in 2015. The automotive aftermarket is the secondary commercial channel of the automotive sector. Once vehicles are sold by Original Equipment Manufacturers (OEMs), they require replacement...Read More »
July : 2017The global Rail Mounted Gantry (RMG) crane market size was estimated at USD 286.1 million in 2016 and is expected to gain traction over the forecast period. The increasing global trade and container traffic are the primary factors that are responsible for driving the growth of market. Fu...Read More »
May : 2017The global Rubber Tired Gantry (RTG) crane market was valued at USD 1.08 billion in 2016 and is expected to witness a significant growth over the forecast period. Multiple advantages, such as low operating costs and technological advancements, are expected to stimulate the usage of these...Read More »
May : 2017The global automotive noise, vibration and harshness (NVH) materials market size was estimated at USD 8.02 billion in 2015. Globally, increasing production and use of heavy commercial vehicles in different end-use verticals is expected to be a key factor driving market growth. Noise, vib...Read More »
April : 2017The global rear axle market size was valued at USD 40.87 billion in 2015. The increasing demand for fuel-efficient vehicles and stringent norms by the government regarding emissions are expected to drive the industry over the forecast period. Lightweight rear axles are developed and desi...Read More »
January : 2017The global Internet of Things (IoT) in warehouse management market was valued at USD 2.27 billion in 2015, owing to the increasing penetration of connected devices across the globe. The telecommunication industry has undergone significant advancements over the past few years. The increas...Read More »
January : 2017In day-to-day life, electronic systems in vehicles have become much more advanced, making it easier to identify any damages. In the past few years, the electronic systems had their own procedures where a large number of different tools were used to analyze a single vehicle. This procedur...Read More »
Global economic growth is driving the cargo shipping industry. In the past decade, cargo shipping market has fared quite productively. Depending on the cargo and the type of storage, loading, receiving and securing it would require different types of ships for transportation. Invest...Read More »
A precursor to smooth vehicle metabolism and workings is by way of center link essential to the turning and driving of vehicles in desired direction. Jarring vehicle bumps and wobbling drives are obviated by the center and drag link assemblies. Center and drag link manufacturers are incl...Read More »
Lithium ion (Li-ion) batteries are commonly used type of rechargeable batteries with twice the energy density of Nickel-Cadmium batteries and greater stability and safety. Lithium (Li) is the lightest of all metals, has the greatest electrochemical potential, and provides the largest ene...Read More »
The global secure logistics market size was valued at USD 48.19 billion in 2015 owing to the increasing money circulation across the globe. The rising security concerns among corporate and banks have increased the requirement for secure movement and management services for currency. The ...Read More »
December : 2016The Fog light is the one used in the foggy climatic conditions. It is usually positioned on lowdown, and at front or rear side of the vehicle. The Fog lights are particularly, held in reserve for cold, showery circumstances or blackness that is witnessed along with the smog, snowflake or...Read More »
The global automotive powertrain market is projected to exceed over USD 650 billion by 2022 owing to increasing vehicle production combined with growing awareness regarding environmental pollution. The automotive powertrain market is estimated to grow at a CAGR of over 5% from 2014 to 20...Read More »
Aviation test equipmentare used on a large scale in the aviation industry for maintenance of pneumatic systems, hydraulic systems, and so on. Aviation test equipment basically focus to inspect and resolve problems such as electrical and mechanical issues, performance check, repair brakes...Read More »
Automotive heat shield, as the name suggests, is designed to shield a substance from absorbing excessive heat from an outside source by dissipating, reflecting or simply absorbing the heat. It is often used as a form of exhaust heat management. Due to large amounts of heat given by inter...Read More »
The Biometric Driver Identification System is used by the cab company which is managed by a private sector. The company uses network-based Biometrics Driver Identification System to recognize drivers, whose registration is already done with that company; thereby serving to preserve the h...Read More »
In response to ever-growing demand for automated shipping, Loading Automation, Inc. introduces the ATLS (Automatic Truck Loading System), the world's first fully automated system designed for installation on a regular shipping dock, allowing regular, non-modified trailers to be loaded wi...Read More »
The cold-end exhaust system aftermarket size was valued at USD 4.03 billion in 2015 and is presumed to gain traction over the forecast period. The cold-end exhaust system aftermarket is majorly driven by stringent government regulations and emission norms. Regional regulatory authorities...Read More »
December : 2016Optoelectronics is a branch of electronics which deals with study and applications of electronic devices and systems that source, detect and control light. Optoelectronics are progressively being utilized in cars in order to automate the vehicle operations such as headlights, brakes, etc...Read More »
The key application segments analyzed in the automotive LiDAR market include Advanced Driver Assistance Systems (ADAS) and autonomous cars incorporating these systems. ADAS systems accounted for the major share of the market in 2015, which is anticipated to increase in the years to come ...Read More »
November : 2016The global fire trucks market size was estimated at USD 4.30 billion in 2015, growing at a CAGR of 6.3% over the forecast period. Increase in the demand for fire safety among developed countries and the need for advance firefighting apparatus is expected to augment the market growth. Fur...Read More »
November : 2016The Asia Pacific fuel dispenser market size was estimated at USD 1.04 billion in 2015. Growing demand for vehicles in the region is expected to have positive impacts on the overall market growth over the forecast period. The automotive industry in developing as well as developed economie...Read More »
November : 2016Increasing demand for civil aircraft due to rise in global population and rapid advancement in technology are anticipated to drive the global aircraft actuator market over the forecast period. Moreover, factors such as growing urbanization and rapid development of emerging economies are ...Read More »
The global flight simulator market revenue is expected to reach USD 5.62 billion by 2024. Benefits offered by these devices including mission critical training programs that ensure effective aircraft operation, cut operational costs, and visual systems that offer near real world experien...Read More »
October : 2016The automotive seatbelt market is is expected to witness a significant increase in demand over the forecast period owing to growing awareness regarding safety and strict traffic rules. Seatbelt ensures the high level safety of the vehicle occupant, thus preventing major injuries during a...Read More »
Declining crude oil reserves and issues concerning deprivation of the environment are the main factors fuelling the expansion of hybrid electric vehicle battery industry. With declining crude reserves the requirement for reasonable transportation expertise has engrossed investment in thi...Read More »
The automotive air conditioning system market is anticipated to grow at a rapid pace owing to rise in demand for vehicles from developing economies. The air conditioning systems constitute refrigerant, ventilation, and control system. Essential components of refrigerant include condenser...Read More »
From the past few years, we have observed that there has been a surplus addition and improvement in the automotive market globally. As the demand has risen for high performance and working, fuel efficient and technically improved modern vehicles, the automotive component market has witne...Read More »
The global semi-autonomous vehicle market is expected to witness a surge in demand on account of increasing demand for innovative and sophisticated technologies. Semi-autonomous cars are those vehicles which can operate for a longer period with little human input. The vehi...Read More »
Global in-car entertainment market is expected to grow at a rapid pace owing to rise in passenger car market across the globe and increasing demand for sophisticated features in-car entertainment systems. Also, increasing transportation and communication infrastructure and reduction in o...Read More »
The global car chargers market is projected to account for around 55 million units by 2024 and is expected to grow at the CAGR of 28% over the forecast period. Stringent emission control norms, repeated replacement of air filters in case of IC based engines, and decreased maintenanc...Read More »
The global automotive heat exchanger market is projected to grow at a significant rate owing to increase in demand for automotive components in engineering industrial and commercial applications. Growing HVAC usage especially in an automotive, residential & commercial building is ant...Read More »
The global axles market is expected to experience a substantial growth over the forecast period. Stringent government norms to curtail emissions and fuel usage calls for the development of efficient and light-weight vehicles, leading to research and development on vehicle components. Add...Read More »
The global agricultural machinery market is projected to witness significant growth from 2016 to 2022 and is expected to be valued over USD 200 billion by 2024 on account of upcoming technologies in the industry coupled with improved economic conditions and rising farm income. These fact...Read More »
The global heavy duty road filtration aftermarket size was estimated at USD 2.19 billion in 2015 and is expected to grow at a CAGR of 6.8 % from 2016 to 2024. Growing environmental concerns and new government regulations across many countries such as U.S. and Germany are expected to bene...Read More »
September : 2016The automotive transmission market size was USD 132.2 million in 2015. Evolving transmission systems according to the performance requirements across several vehicle type including passenger cars and Heavy Commercial Vehicles (HCVs) are expected to drive the market over the forecast peri...Read More »
August : 2016The global flexitanks market size was valued at USD 259.7 million in 2015. Increasing demand for flexible storages coupled with rising concerns regarding portability of liquids are the primary factors driving the industry growth. Competitive advantages such as foldability, cost-effective...Read More »
July : 2016A splash shield is a protective device in form of a cover located underneath of cars. It helps in protect the car engine, alternators, brakes, drive belts, disks and other parts that may get hampered due to road obstacles or due to water debris in rainy season. The splash shield not only...Read More »
The automotive steering column is a device envisioned primarily for connecting the steering wheel to the steering mechanism or transferring the driver's input rotation from the steering wheel. The module that controls the switches “on” or “around/below” the steeri...Read More »
The global pneumatic tire market size was USD 192.40 billion in 2014 is expected to witness significant growth over the forecast period on account rising demand from automotive industry. Increasing vehicle production in various countries including China, Mexico, Indonesia, Japan, U.S., S...Read More »
May : 2016The global connected car market size was estimated at over USD 24 billion in 2014 and is expected to grow at a CAGR of approximately 28% over the forecast period. Technological proliferation and an increase in disposable incomes across regions are expected to drive the global market for ...Read More »
May : 2016The ground handling system market size was estimated at USD 97.82billion in 2014. Increasing globalization has significantly increased the global air traffic, which in turn has elevated the importance of ground support operations at airports....Read More »
April : 2016A windscreen wiper or windshield wiper is a device that is used to provide clear visibility during adverse weather conditions. A wiper typically consists of a metal arm, pivoted at one end and a long rubber blade attached to the other. The arm is powered by a wiper motor which swings the...Read More »
The car wash detergents and the car soaps are primarily required to wash the car. They help in removing dirt, dust, mud, stains from the surface of the car, making it shining clean. Auto particularizing includes a procedure of creating a superior automobile appearance comprising polishin...Read More »
The bonnet or cover is intended to guard a vehicle’s engine from rain, dust, and exterior connection or influence. Bonnet lock plate and latches are mechanisms intended to protect the bonnet, and confirm security of under-the-bonnet components. The bonnet lock plate is an element o...Read More »
Automotive pumps are mainly used for transferring automotive fluids in vehicles; though, these are being increasingly used to improve fuel efficiency and vehicle performance. Increasing demand for environment-friendly solutions has influenced manufacturers to develop well-organized pumps...Read More »
Automotive exhaust system is a piping system that is designed in order to monitor reaction exhaust gases away from a controlled combustion inside an engine. The major factor that propels the growth of the global automotive exhaust systems market includes environmental issues. T...Read More »
North America car air fresheners market size was valued at USD 764.1 million in 2014. The industry is characterized by changing consumer preference and strategic marketing efforts undertaken by key industry vendors....Read More »
October : 2015Global commercial aviation aircraft cabin lighting industry is projected to see a steady growth on account of increasing LED technologies demand in aircraft. The market is expected to grow at an approximate CAGR of 4% from 2016 to 2024. The cabins are an essential part an airplane which ...Read More »
The marine propulsion engines market is poised for steady growth over the forecast period owing to the increase in the demand for financially efficient and operationally dependable ships. The need for operationally dependable and financially efficient ships is expected to drive the marin...Read More »
April : 2015The electric vehicles market has witnessed substantial growth due to need for addressing future energy requirements. The need to achieve sustainable transportation plays a vital role in driving electric vehicles demand....Read More »
September : 2014Heavy duty vehicles are used extensively and directly in capital intensive projects. Increasing requirement for new infrastructure has enhanced demand for such construction vehicles. Rising demand for heavy duty vehicles is expected to boost aftermarket demand, since these vehicles often...Read More »
Mobile services based on location data are the ones which directly rely on information generated from navigational and mapping data. There are a wide range of direct and indirect applications from these services like adding information related to location on the data posted on social net...Read More »
Growing demand for heavy-end equipments across several industries is expected to be the key factor driving the diesel engine market growth over the next few years. Diesel engines exhibit high thermal efficiency, which is also expected to fuel market demand. Increasing penetration across ...Read More »
The rate of telematics usage has increased globally with an increase in the number of vehicles being incorporated with these systems. The automotive telematics market includes in-car infotainment, navigation, remote diagnostics, and security features....Read More »
The global hybrid vehicles market is poised for substantial growth over the forecast period owing to the need for addressing consumers’ needs pertaining to fuel expenditure reduction and mandatory compliance with CO2 emissions norms. Plying of hybrid vehicles and electric drive tra...Read More »
The advancement of automotive industry and the increasing buyer’s preferences are expected to drive the driver assistance systems market. Increasing concerns for passenger and pedestrian safety are expected to favor market growth over the forecast period. Shrinking parking spaces a...Read More »
Stringent norms related to safety, increased safety awareness and technological advancements are expected to favorably impact anti lock braking system (ABS) and electronic stability control (ESC) system market growth over the forecast period....Read More »
The dual clutch transmission market is expected to be driven by various benefits such as increased performance and driving experience....Read More »
Increased demand for convenience and user friendliness in vehicles is expected to drive automotive cabin comfort systems market growth over the forecast period....Read More »
Automotive suspension systems are an essential part of vehicles; they help in preventing damage to vehicle components and enable safe and comfortable driving. Varying buying behaviours, technological advancements and increasing urbanization have contributed considerably to automotive ind...Read More »
The global railway management system market is expected to be driven primarily by increased demand for a dynamic and swift transport mode. ...Read More »
Automotive steering systems have undergone a paradigm shift from rigid and arduous manual to more sophisticated, easy-to-use and reliable assisted systems. Steering systems are used in passenger cars, LCVs, and HCVs. Contemporary steering systems use several assistance systems to enhance...Read More »
The global crankshaft sensor market is estimated to grow at a CAGR of over 17% from 2015 to 2022. Technological proliferation and reinforcement of fuel-economy standards across the globe are expected to drive market growth. Increasing demand and R&D activities in the automobile indus...Read More »
Advancements in automotive electronics directly depend on the development of advanced sensor systems. Automotive manufacturers have been striving to build collision detection and avoidance systems by implementing technologies such as OSS and WPS for enhancing vehicle dynamic controls....Read More »
The global automotive clutch market is expected to witness significant growth over the forecast period owing to advancements in automotive technology coupled with surging demand for electric vehicles. ...Read More »
Transmission of electric power is transfer of bulk electrical energy to substations from power generating plants. Substations/population centers are located near demand centers and electrical energy is further delivered through a distribution system network, distribution being the final ...Read More »
The global gaming console market is expected to witness high growth over the forecast period. The growth may be attributed to introduction of new and advanced audio visual devices. Technological advancements and innovation in several audiovisual devices have significantly increased deman...Read More »
The automotive thermal system market is projected to witness significant growth over the forecast period. This surge in demand can be attributed to several factors such as stringent pollution guideline and emission norms along with increasing global warming. Automotive thermal system man...Read More »
Global CNG vehicles market is expected to show growth over the forecast period owing to increase in demand for Bi-fuel. They offer similar performance as compared to gasoline powered automobiles, and comparatively low cost of CNG to gasoline is expected to drive market growth. Increasing...Read More »
The airside services market is poised for steady growth over the forecast period owing to the increasing private participation in ground handling & maintenance and growing liberalization. Trade liberalization with favorable regulatory environment plays an important role in impelling ...Read More »
The global automotive telematics market is poised to experience significant boost over the forecast period. Introduction of integrated telematics along with policies for driver safety and rising importance of smartphones are the influencing factors for the automotive telematics market. T...Read More »
Surging demand across the pharmaceuticals, food & beverage and personal care industries is a key force driving the global food production machinery market. Raw material availability and necessity to offer wide variety of food at a low-cost are a few factors which may spur the global ...Read More »
The global keyless vehicle access control systems market is expected to be driven by increased automotive production and sales, especially in developing countries. Improvement in transportation and communication infrastructure coupled with the rising awareness of new technologically adva...Read More »
The global road making and earth moving market is poised to witness remarkable growth over the forecast period owing to rapid urbanization and infrastructural activities. Growth in mining industry and civil construction market has spurred the demand in road making and earth moving market...Read More »
Global Automotive Fuel Injection Systems Market is expected to experience rapid growth due to increase in automobile demand and production across the globe over the forecast period. The automobile industry has witnessed strong commercial as well as non-commercial demand in the recent pas...Read More »
The global automotive electronic brake system market is estimated to grow at a CAGR close to 5% over the forecast period. Technological proliferation and favorable government regulations in countries such as India, China are expected to drive the automotive electronic brake system market...Read More »
The global automotive center stack market is expected to witness a healthy growth over the forecast period. Surge in demand for automobiles is expected to contribute towards the industry growth. Emergence of by-wire technology is anticipated to cater the growing demand over the next seve...Read More »
Today, high-tech electronic systems comprise all the devices to do everything right from monitoring fuel and diagnosing problems. The modern automobiles have over 80 devices installed out of which a majority are used for monitoring the safety of the vehicle. Adaptive cruise control is on...Read More »
The global automotive catalytic converter market size was valued at USD 111.00 billion in 2014. Technological advancements and increasing automobile production across emerging economies such as China and India are expected to drive the industry growth over the forecast period. Stric...Read More »
March : 2013Computer Aided Design (CAD) software is an effective tool for designing and modeling products with ease and precision. The market is expected to witness growth over the forecasted period owing to the usage of tooling and rapid prototyping by automotive industries. These solutions let eng...Read More »
The global commercial airports baggage handling system market is expected to be driven by increasing requirement for operational efficiency at airports. The system is an integral part of logistics which ensures timely and efficient delivery of baggage or goods. Growth of commercial aviat...Read More »
The global car DVR market size was valued at USD 963.0 million in 2014. Car DVRs automatically record videos during auto accidents such as hit-and-run cases, misconduct, or road rage incidents....Read More »
March : 2013Global automotive radiator market is expected to witness brisk growth over the forecast period owing to increasing demand for automotive heat exchangers. Increase in the automobile demand is perceived to play a vital role in shaping the automotive radiator market in the near future. The ...Read More »
Windows and windshields in commercial aircrafts are primarily installed for viewing and safety of traveller from external environment purpose. The size of windows varies according to type of aircraft which requires specific designs for each aircraft. Technological advancement is observed...Read More »
Surge in the international trade along with number of trade blocks is projected to optimistically influence the freight transport market over the forecast period. Factors such as growing urbanization and communication innovations are expected to amplify the freight transport market. Frei...Read More »
Surging offshore field developments and rising LNG exports is expected to drive the global floating LNG terminals market growth over the forecast period. LNG systems’ operations and processes are widely used for the advancement of off-shore based natural gas reserves. These operati...Read More »
The global automotive bumpers market is expected increase over the forecast period driven by the technological advancement in automotive industry. The automotive bumpers market growth is highly co-related to auto industry. Bumpers (front/rear) are made along with an attachment brackets t...Read More »
The global tubeless tires market is expected to grow at a CAGR of over 10% over the forecast period. Increasing demand across commercial and passenger automotive segment is anticipated to propel the demand for such automotive components. Tubeless tires have managed to replace the traditi...Read More »
The global automotive battery powered propulsion systems market size is expected to witness significant growth over the next seven years and is anticipated to reach 1.3 million by 2022. Rising electric vehicles (EV) demand along with increasing disposable income is expected to drive mark...Read More »
The global robot cars and trucks market is poised to witness significant growth over the forecast period due to technological proliferation and increasing prominence for automated driving technology in the automobile industry. Robot cars and trucks allow users to implement automated driv...Read More »