The global automotive blind spot detection system market size was valued at USD 3.30 billion in 2023 and is expected to grow at a CAGR of 10.6% from 2024 to 2030. The increasing number of road accidents is a major factor driving the adoption of blind spot detection (BSD) systems, as they... Read More »
August 2024The global cold chain telematics market size was estimated at USD 5.63 billion in 2023 and is projected to grow at a CAGR of 23.9% from 2024 to 2030. The growth of the global market is being driven by a combination of technological advancements, increasing demand for perishable goods, re... Read More »
August 2024The global light-duty truck steering system market size was estimated at USD 1.42 billion in 2023 and is projected to grow at a CAGR of 2.2% from 2024 to 2030. The market growth is primarily driven by the increasing demand for light-duty trucks in various industries such as logistics, co... Read More »
August 2024The global turret system market size was estimated at USD 19.87 billion in 2023 and is projected to reach USD 24.01 billion by 2030, growing at a CAGR of 2.8% from 2024 to 2030. Turret systems are essential components of armored vehicles, providing platforms for mounting and operati... Read More »
August 2024The global marine turbochargers market size was estimated at USD 829.5 million in 2023 and is expected to grow at a CAGR of 4.9% from 2024 to 2030. The increasing demand for fuel efficiency, growing emphasis on reducing emissions, and the expansion of shipping industry, particularly in e... Read More »
August 2024The global automotive active safety system market size was estimated at USD 13,859.0 million in 2023 and is projected to reach USD 41,826.1 million by 2030, growing at a CAGR of 18.2% from 2024 to 2030. In the automotive industry, active safety involves Advanced Driving ... Read More »
August 2024The global vehicle anti-theft system market size was estimated at USD 13.53 billion in 2023 and is expected to grow at a CAGR of 8.5% from 2024 to 2030. Increased safety regulations owing to the rising vehicle theft incidents and increasing production and sales of automobiles, particular... Read More »
August 2024The global vehicle scanner market size was estimated at USD 2.34 billion in 2023 and is anticipated to reach USD 3.38 billion by 2030, growing at a CAGR of 5.3% from 2024 to 2030. Increasing concerns about security and the need for effective vehicle inspecti... Read More »
August 2024The global automotive x-by-wire systems market size was estimated at USD 22.96 billion in 2023 and is projected to reach USD 57.99 billion by 2030, growing at a CAGR of 14.4% from 2024 to 2030. The emergence of advanced driver assistance systems and the increasing levels of vehicle ... Read More »
August 2024The global passenger cars market size was estimated at USD 3,415.11 billion in 2023 and is projected to reach USD 9,664.49 billion by 2030, growing at a CAGR of 16.2% from 2024 to 2030. The market growth is attributed to the rapid development and integration of Advanced Driver Assis... Read More »
July 2024The global degaussing system market size was estimated at USD 985.3 million in 2023 and is expected to grow at a CAGR of 6.0% from 2024 to 2030. The key market drivers are the increasing need for naval fleet protection against modern threats such as magnetic mines and advanced torpedoes.... Read More »
July 2024The global automotive multi-camera system market size was estimated at USD 2.53 billion in 2023 and is projected to grow at a CAGR of 14.7% from 2024 to 2030. The increasing emphasis on Advanced Driver-Assistance Systems (ADAS) is a major factor is a major factor contributing to the mark... Read More »
July 2024The global integrated marine automation system market size was estimated at USD 6.06 billion in 2023 and is expected to grow at a CAGR of 8.9% from 2024 to 2030. The maritime industry is experiencing a significant shift towards increased efficiency, safety, and environmental sustainabili... Read More »
July 2024The global automotive gear shifter market size was estimated at USD 14.21 billion in 2023 and is projected to reach USD 25.48 billion by 2030, growing at a CAGR of 9.0% from 2024 to 2030. One of the most notable trends in the market is the shift towards electronic gear shifters.... Read More »
July 2024The global automotive hydraulics system market size was estimated at USD 43.71 billion in 2023 and is expected to expand at a CAGR of 3.9% from 2024 to 2030. The rising demand for commercial vehicles, spurred by economic expansion, urbanization trends, and heightened transportation requi... Read More »
July 2024The global parcel sortation systems market size was estimated at USD 2.01 billion in 2023 and is projected to reach USD 3.66 billion by 2030, growing at a CAGR of 9.3% from 2024 to 2030. Parcel sortation systems automate the process of segregating ... Read More »
July 2024The global luxury SUV market size was estimated at USD 171.88 billion in 2023 and is expected to reach USD 546.91 billion by 2030, growing at a CAGR of 18.1% from 2024 to 2030. The market growth can be attributed to a combination of advanced technology, superior comfort, and enhanced per... Read More »
July 2024The global hybrid train market size was estimated at USD 20.67 billion in 2023 and is projected to reach USD 32.62 billion by 2030, growing at a CAGR of 6.9% from 2024 to 2030. The increasing focus on sustainability across the global transportation sector and technological adva... Read More »
July 2024The global automotive supercharger market size was estimated at USD 7.82 billion in 2023 and is expected to reach USD 10.79 billion by 2030, growing at a CAGR of 4.5% from 2024 to 2030. As there is rising demand for high-performance and efficient vehicles is creating ... Read More »
July 2024The global vessel traffic management system market size was valued at USD 6.12 billion in 2023, and is expected to reach USD 9.95 billion by 2030, growing at a CAGR of 7.5% from 2024 to 2030. Vessel traffic management systems (VTMS) are a cornerstone of mode... Read More »
July 2024