Automotive And Transportation
�Go green�is 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 automotive tire market is expected to grow at a CAGR of 4.6% from 2020 to 2027 and expected to reach the market value of around US$ 368.3 Bn by 2027.
The global automotive muffler market size is poised to hit around US$ 6.9 Bn by 2027, growing at a CAGR of 4.5% during the forecast period 2020 to 2027.
Automotive Selective Catalytic Reduction Market Size accounted for USD 13.2 Billion in 2022 and is estimated to achieve a market size of USD 24.3 Billion by 2032 growing at a CAGR of 6.4% from 2023 to 2032.
Electric Vehicle Range Extender Market Size accounted for USD 1.2 Billion in 2022 and is projected to achieve a market size of USD 2.8 Billion by 2032 growing at a CAGR of 9.1% from 2023 to 2032.
Automotive Advanced High Strength Steel Market Size accounted for USD 18.6 Billion in 2022 and is projected to achieve a market size of USD 60.1 Billion by 2032 growing at a CAGR of 12.6% from 2023 to 2032.
Autonomous Ships Market Size accounted for USD 7.4 Billion in 2022 and is projected to achieve a market size of USD 14.1 Billion by 2032 growing at a CAGR of 6.7% from 2023 to 2032.
Electric Motor Market Size accounted for USD 162.4 Billion in 2022 and is estimated to achieve a market size of USD 348.9 Billion by 2032 growing at a CAGR of 8.1% from 2023 to 2032.
Automotive Paint Additives Market Size accounted for USD 4.4 Billion in 2022 and is estimated to achieve a market size of USD 8.4 Billion by 2032 growing at a CAGR of 6.8% from 2023 to 2032.
The Yacht Charter Market is set to expand significantly, with an estimated growth from USD 12.2 Billion in 2023 to USD 22.5 Billion by 2032, driven by a CAGR of 7.1%.
The global automotive axle market is expected to reach value of around US$ 68 Bn by 2027, growing at a CAGR of around 3.2% during the forecast period 2020 to 2027.
The global tire market size is anticipated to reach of around US$ 150 Bn by 2027 and expected to grow at a CAGR of 5% during the forecast period 2020 to 2027.
The global turbocharger market size is projected to reach around US$ 25,887.0 Mn by 2027 and anticipated to grow at a CAGR of around 5.9% from 2020 to 2027.
The global automotive glass market is projected to grow at a CAGR of around 4.9% during the forecast period 2020 to 2027 and to reach around US$ 44 Bn by 2027.
The global alternator market is expected to grow at a CAGR of 5.3% from 2020 to 2027 and expected to reach the market value of around US$ 33,178.4 Mn by 2027.
The global car sharing market is anticipated to grow at a CAGR of around 22.3% during the forecast period 2020 to 2027 and to reach around US$ 12.4 Bn by 2027.
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.
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