Automotive And Transportation
Go greenis the most important trend has been attaining increasing significance for the automobile & transportation industry as a design concept. The sector is at a point where the cost and the complexity of technology, market positioning, and market dimensions are determining the consolidation of science and nature for sustainability. The number of semiconductors set up in modern vehicles is likely to elevate for a number of reasons. One of the reasons is: more and more features with high semiconductor material are being set up in vehicles, involving infotainment, safety, engine control, and comfort.
The global automotive relay market size is projected to reach around US$ 18 Bn by 2027 and growing at a CAGR of 4.9% during the forecast period 2020 to 2027.
The global electronic shelf label market is anticipated to grow at a CAGR of 10.5% during the forecast period 2020 to 2027 and to reach around US$ 2.7Bn by 2027.
Automotive Navigation Systems Market Size accounted for USD 34.5 Billion in 2022 and is estimated to achieve a market size of USD 78.2 Billion by 2032 growing at a CAGR of 8.7% from 2023 to 2032.
The global automotive brake components market is expected to grow at a CAGR of around 5.8% from 2020 to 2027 and to reach around US$ 124,968.8 Mn by 2027.
The global automotive biometric identification market size is expected to reach around US$ 329 Bn by 2027, growing at a CAGR of 10.1% from 2020 to 2027.
The anti-lock braking system market is anticipated to grow at a CAGR of 10.1% during the forecast period 2020 to 2027 and to reach around US$ 88.1 Bn by 2027.
The global automotive cooling fan market size is expected to reach around US$ 68 Bn by 2027, and growing at a CAGR of 4.3% over the forecast period 2020 to 2027.
Tire Pressure Monitoring System Market Size accounted for USD 6.3 Billion in 2022 and is estimated to achieve a market size of USD 15.7 Billion by 2032 growing at a CAGR of 9.6% from 2023 to 2032.
The global automotive aluminium alloy market size is expected to reach around US$ 8,175.4 Mn by 2027, growing at a CAGR of 10.6% over forecast period 2020 to 2027.
Semi & Fully Autonomous Truck Market size is poised to reach around US$ 88.1 Bn by 2027, growing at a CAGR of 10.1% during the forecast period 2020 to 2027.
The global autonomous forklift market was valued at USD 4.5 billion in 2023 and is expected to grow to USD 12.3 billion by 2032, with a CAGR of 12.1%, driven by technological advancements and increased automation demand.
The global automotive seat market is anticipated to grow at a CAGR of 2.8% during the forecast period 2020 to 2027 and to reach around US$ 78.0 Bn by 2027.
The global automotive AC compressor market size is expected to reach around US$ 37 Bn by 2027, growing at a CAGR of 3% during the forecast period 2020 to 2027.
The global tappet market size is expected to reach around US$ 12 Bn by 2027 and is anticipated to grow at a CAGR of 4.8% over the estimated period 2020 to 2027.
The global automotive interior market is expected to grow at a CAGR of 6.1% over forecast period 2020 to 2027 and expected to reach around US$ 423.64 Bn by 2027.
Global hybrid electric powertrain market size is expected to reach around US$ 90 Bn by 2027 and growing at a CAGR of 11% over the forecast period, 2020 to 2027.
Automotive Head-Up Display (HUD) Market size is expected to reach around US$ 6,354.7 Mn by 2027, growing at a CAGR of 25.7% over forecast period 2020 to 2027.
Automotive Voice Recognition System Market Size accounted for USD 2.6 Billion in 2022 and is estimated to achieve a market size of USD 10.5 Billion by 2032 growing at a CAGR of 15.3% from 2023 to 2032.
The global automotive label market size is anticipated to reach around US$ 10,000 Mn by 2027 and growing at a CAGR of 5% during the forecast period 2020 to 2027.
According to Acumen Research and Consulting, the global off highway vehicle tire market size is expected to reach around US$ 14 Bn by 2027, with 6% of CAGR.
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