The overall valuation of the global EV thermal system market size is anticipated to be around US$ 2,243.7 million. As per the analysis report, the market is expected to register a CAGR of 21.4% to reach a valuation of US$ 15,600.9 Million by the conclusion of this forecast period. The main driver fueling the expansion …
Category Archives: Automotive Insights
Automotive NFC Market Surges with 30.2% CAGR, Hits US$ 35 Billion by 2032
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 automotive NFC …
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Vehicle Electrification Market Set to Surge with 10.3% CAGR by 2032, Valued at US$ 72 Billion
The global vehicle electrification market is projected to grow at a prolific CAGR of 10.3% during the forecast period of 2022-2032. The market was valued at US$ 72 Billion in 2021. Rising emphasis on environment-friendly alternatives for the automobile sector is driving the demand for vehicle electrification across the world. Increasing fuel prices coupled with a …
Car Security System Market is projected to reach US$ 40 billion by 2033
The global car security system market is anticipated to attain a valuation of US$ 13.5 billion in 2023 and is expected to reach US$ 40 billion by 2033, trailing a CAGR of 11.4% during the forecast period. The market demand is driven by the enforcement of strict vehicle security regulations by governments and the continuous …
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North America Underground Mining Vehicle Market Hits US$ 8,795.08 Million by 2033, Growing at 6% CAGR
The North America underground mining vehicle market is anticipated to attain a valuation of US$ 4,891.72 million in 2023 and is estimated to reach US$ 8,795.08 Million by 2033, trailing a CAGR of 6% during the forecast period. Rising investment in mining and industrialization, coupled with the adoption of artificial intelligence and machine learning technologies, is …
Dual Clutch Transmission Market is predicted to reach US$ 53,209.75 million by 2034
The dual clutch transmission market is projected to reach US$ 17,900 million in 2024. The dual clutch transmission is projected to expand at a CAGR of 11.51% from 2024 to 2034. The global dual clutch transmission market is predicted to reach US$ 53,209.75 million by 2034. – The market demand for dual clutch transmission rises with the …
Aircraft Cabin Interior Market to surpass US$ 37.6 billion by 2033
The global aircraft cabin interior market is anticipated to attain a valuation of USD 20.7 billion in 2023 and is estimated to reach USD 37.6 billion by 2033, and is likely to increase at a CAGR of 6.1% during the forecast period. In recent years, there has been a significant increase in long-haul flights, which …
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Automotive Wire & Cable Material Market to be US$ 12,020.1 million by 2033
The automotive wire & cable material market size was valued at US$ 5,836.1 million in 2022. Over the forecast period, automotive wire & cable material demand is anticipated to rise at 6.9% CAGR. Total market value of automotive wire & cable material is predicted to increase from US$ 6,207.6 million in 2023 to US$ 12,020.1 million by …
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Automotive Lead Acid Battery Market is expected to reach US$ 47 billion by 2033
The global Automotive Lead Acid Battery Market is anticipated to attain a valuation of US$ 28.24 billion in 2023 and is expected to reach US$ 47 billion by 2033, expanding at a CAGR of 5.2% from 2023 to 2033. The surging popularity of electric vehicles and the growing utilization of uninterrupted power supply for critical …
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Off-Highway Vehicle (OHV) Telematics Market Worth US$ 2154.3 million by 2033
The off-highway vehicle (OHV) telematics market is expected to be valued at US$ 488.3 million in 2023, rising to US$ 2154.3 million by 2033. The off-highway vehicle (OHV) telematics market is predicted to develop at a 16% CAGR between 2023 and 2033. The forecast for the OHV telematics market remains positive, mostly due to the …
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