The global automotive semiconductor industry is currently valued at $54.9 billion and is expected to reach $94.99 billion by the end of 2030. From 2022 to 2030, semiconductor shipments for the automotive industry are anticipated to grow at a CAGR of 7.1%. Vehicle semiconductor suppliers around the world should benefit from the growing use of electronic components …
Monthly Archives: May 2023
EV Thermal System Market to Hit US$ 2,243.7 million in 2023 | Future Market Insights, Inc.
The market demand for battery thermal systems of electric vehicles was estimated at US$ 1,059.7 million in 2018, which registered a CAGR of 14.8% from 2018 to 2022. In the present year 2023, the overall valuation of the global EV thermal system market size is anticipated to be around US$ 2,243.7 million. As per the …
3D Glasses Market size is assessed to be US$ 22.23 billion in 2033 | Future Market Insights, Inc.
The 3D glasses market size is anticipated to be worth US$ 14.81 billion in 2023 and US$ 22.23 billion by 2033. The demand for 3D glasses is expected to grow at a CAGR of 4.16% during the forecast period. The increasing use of 3D glasses in the military, healthcare industry, educational sector, and entertainment industry are the …
Autonomous Vehicles Market to surpass US$ 99,451 Million by 2032 | Report by Future Market Insights, Inc.
The global autonomous vehicle market is expected to reach US$ 99,451 Million by 2032, exhibiting a prolific CAGR of 10.9% for the forecast period of 2022 to 2032. Autonomous vehicle market is anticipated to reach an estimated US$ 35,282.8 Million by the end of 2022. Advancing government funding and investment along with a favorable regulatory framework …
Global Service Robotics Market is predicted to be valued at US$ 267 Billion by 2033
The global service robotics market net worth is estimated to be around US$ 40 Bn in 2023 and is anticipated to register an impressive CAGR of 21% from 2023 to 2033. As per the analysis report on the service robotics market the overall valuation of the market is projected to reach up to US$ 267 Bn by the …
True Wireless Stereo Market is likely to grow at a CAGR of 34.6% from 2023 to 2033
The adoption of true wireless stereo is expected to increase at a CAGR of 34.6% during the forecast period. The true wireless stereo market size is anticipated to rise from US$ 61.74 Bn in 2023 to US$ 1,205.17 Bn in 2033. True wireless technology is becoming increasingly popular around the world as they have no physical connection …
Automotive NFC Market to be worth US$ 35 Billion by the year 2032 | CAGR of 30.2%
The global automotive NFC market is anticipated to create an absolute dollar opportunity over the forecast period by displaying a CAGR of 30.2% from 2022 to 2032. The global market was valued at US$ 3.26 Billion in 2022 and is estimated to reach US$ 35 Billion by 2032. According to the historic analysis, the global …
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Automotive TPMS Market Value to Reach US$ 7.7 Billion by the year 2032 | Future Market Insights, Inc.
Over the forecast period of 2022 to 2032, the Automotive TPMS Market is expected to grow at a CAGR of 10.3% to reach a value of US$ 7.7 Billion by 2032. Commercial vehicles are heavier and despite being well-equipped with tire pressure, suffer frequent tire burst due to poor road conditions. TPMS takes away the guesswork by …
Automotive ADAS (Advanced Driver Assistance Systems) Market is Anticipated to Register 9.6% CAGR through 2032
The Automotive ADAS (Advanced Driver Assistance Systems) Market will be worth US$ 131 billion by year 2032. The market is estimated to expand at a CAGR of 9.6% over the course of the forecast period. In 2021, the ADAS market was estimated to be worth US$ 29 billion. Almost all vehicles accidents are caused by …
Drug Discovery Outsourcing Market is anticipated to hold a share of US$ 7.52 billion by 2033
The Drug Discovery Outsourcing Market demand is anticipated to expand its roots at a steady CAGR of 7.2% between 2023 and 2033. The market is anticipated to cross a market share of US$ 7.52 billion by 2033, which is likely to be valued at US$ 3.75 billion in 2023. Expanding the pharmaceutical industry and the higher penetration …