Go green at large as a major trend has been gaining more and more importance as a design concept for the automobile industry. The industry is at a point where the complexity, the cost of technology, market dimensions and market positioning are determ ....see more
The automotive 3D printing market is projected to reach USD 7.9 billion by 2027, at a CAGR of 21.7% during the forecast period. The automotive 3D printing market is dominated by a few globally established companies such as Stratasys (Israel), 3D Systems (US), EOS (Germany), Arcam AB (Sweden), Renishaw plc. (UK), HP (US), Materialise (Belgium). These companies adopted several strategies to gain traction in the market.
The global fuel cell powertrain market is expected to grow from USD 512 million in 2020 to USD 3,629 million by 2027, at a compound annual growth rate (CAGR) of 47.9% during the forecast period.The major players such as Ballard Power Systems (Canada), Cummins Inc. (US), Denso Corporation (Japan), Robert Bosch GmbH (Germany), and FEV (Germany).
The global automotive motors market is expected to grow from USD 23.0 billion in 2022 to USD 28.7 billion by 2027, at a compound annual growth rate (CAGR) of 4.5% during the forecast period.The key players such as Bosch (Germany), Denso (Japan), BorgWarner (US), ZF Group (Germany), and Continental AG (Germany).
The global EV test equipment market size is projected to reach USD 242 million by 2027, at a CAGR of 25.2% during the forecast period. The EV test equipment market is dominated by established players such as AVL (Austria), TUV Rheinland (Germany), Durr Group (Germany), Chroma ATE (Taiwan), and HORIBA LTD.(Japan).
The automotive heat exchanger market is expected to grow from USD 28.9 billion in 2022 to USD 34.3 billion by 2027, at a CAGR of 3.5% during the forecast period. The Major Players in Automotive heat exchanger market are Denso Corporation (Japan), MAHLE GmbH (Germany), Valeo (France), Hanon Systems (South Korea), and T.RAD Co., Ltd. (Japan). These companies have strong product portfolio as well as strong distribution networks at the global level
The automotive ambient lighting market is expected to grow from USD 3.8 billion in 2022 to USD 6.2 billion by 2027, at a compound annual growth rate (CAGR) of 10.6% during the forecast period.The major Players HELLA (Germany), Valeo S.A. (France), ams OSRAM (Austria), Grupo Antolin (Spain), Signify (Philips Lighting) (Netherlands), Koito Manufacturing Co., Ltd. (Japan), and Stanley Electric Co., Ltd. (Japan).
The diesel exhaust fluid market is expected to grow from USD 34.4 billion in 2022 to USD 50.0 billion by 2027, at a CAGR of 7.8% during the forecast period. TotalEnergies (France), Shell PLC (The Netherlands), BASF SE (Germany), Brenntag AG (Germany) and China Petrochemical Corporation (Sinopec) (China) are the major companies operating in the global diesel exhaust fluid market. These companies adopted expansion strategies and used mergers & acquisitions to gain traction in the diesel exhaust fluid market.
The electric power steering market is expected to grow from USD 24.3 billion in 2021 to USD 33.4 billion by 2027, at a CAGR of 5.4% during the forecast period. The report profiles the most promising players in the electric power steering market. The market presents an interesting picture of a large number of big and small players that have become a force to reckon. The key players in this market are Robert Bosch (Germany), Mitsubishi Electric (Japan), JTEKT (Japan), Nexteer (US), ZF (Germany), ThyssenKrupp (Germany), NSK (Japan), Hyundai Mobis (South Korea), GKN (UK), and Federal-Mogul (US).
The global connected rail market is expected to grow from USD 94.6 billion in 2022 to USD 124.5 billion by 2027, at a compound annual growth rate (CAGR) of 5.6% during the forecast period.The Major players Robert Bosch GmbH (Germany), Siemens (Germany), Hitachi (Japan), Huawei (China) and Wabtec Corporation (US).
The lawn mower market is projected to reach USD 33.6 billion by 2027, at a CAGR of 7.4% over the forecast period. The lawn mower market is primarily dominated by globally established players John Deere (US), Honda Motor Co Ltd. (Japan), The Toro Company (US), Husqvarna (Sweden), MTD Products Inc (US), and Kubota (Japan). These companies are consistently developing new products, adopted expansion strategies, and undertook collaborations, partnerships, and mergers & acquisitions to gain traction in this high growth lawn mower market across different regions.
The automotive wheels aftermarket is expected to grow from USD 3.4 billion in 2022 to USD 4.1 billion by 2027, at a CAGR of 3.5% during the forecast period. The major aftermarket wheels players are RONAL Group (Switzerland), BORBET Gmbh (Germany), Enkei Corporation (Japan), Superior Industries (US), and Maxion Wheels (US).
The mounted bearing market is expected to grow from USD 1.4 billion in 2022 to USD 1.8 billion by 2027, at a CAGR of 5.6% during the forecast period. Major players in the mounted bearing market are SKF (Sweden), Schaeffler ( Germany), Timken (US), NSK (Japan), and NTN (Japan).
The stacker crane market is expected to grow from USD 976 million in 2021 to USD 1,442 million by 2027, at a CAGR of 6.7% during the forecast period. The stacker crane market is dominated by major players such as Daifuku co. ltd (Japan), Murata machinery ltd. (Japan), Kion Group AG(Germany), Swisslog AG (Switzerland) , MIAS Material Handling Co., Ltd (Germany), Godrej Koerber (India), ElectroMech(India), Jungerheinch AG (Germany) and, Doosan Corporation (Japan).
The global Automotive Diagnostic Scan Tools Market is projected to reach USD 41.4 billion by 2026 , at a CAGR of 4.5% during the forecast period. The major market players include Robert Bosch GmbH (Germany), Siemens (Germany), Continental AG (Germany), Denso (Japan), Snap-on (US) among others
The connected motorcycle market is expected to grow from USD 55 million in 2021 to USD 757 million by 2027, at a CAGR of 54.7% during the forecast period. The connected motorcycle market is dominated by Major OEMs including Yamaha (Japan), Suzuki (Japan), Kawasaki (Japan), BMW (Germany), and Harley Davidson (US) and component manufacturers include Bosch (Germany) and Continental AG (Germany). Many software providers, including Starcom Systems (UK), KPIT (India), and e-Novia (Italy), work with platform providers like IBM (US) and Amazon AWS (US) and network providers like Vodafone (UK) and Verizon (US) to develop product and service offerings for the connected motorcycle ecosystem. They have initiated partnerships to develop their connected motorcycle technology and provide finished products to their respective customers for the connected motorcycle market.
The global automotive VVT & start-stop system market is projected to reach USD 58.8 billion by 2027, at a CAGR of 5.7% during the forecast period. The global VVT & start-stop system market is dominated by key manufacturers such as Continental AG (Germany), DENSO Corporation (Japan), BorgWarner, Inc. (US), Robert Bosch GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), and Hitachi, Ltd. (Japan). These companies develop new products, adopt expansion strategies, and undertake collaborations, partnerships, and mergers & acquisitions to gain traction in the automotive solenoid market.
The global brake friction products market is projected to reach USD 16.78 billion by 2030 from USD 14.68 billion in 2024, at a CAGR of 2.3% during the forecast period. The major players in the brake friction products market include Aisin Corporation (Japan), ZF Friedrichshafen AG (Germany), Brembo S.p.A (Italy), Nisshinbo Holdings Inc. (Japan), and Tenneco Inc. (US). These companies offer brake friction products for automakers and have strong global distribution networks. Companies are also actively collaborating with global OEMs and launching new products to expand their market presence. For instance, ADVICS Co., Ltd. launched “Electric Parking Brake (EPB) actuator kits” in November 2023, designed specifically for the North American market.
The automotive fuel tank market is expected to grow from USD 16.6 billion in 2021 to USD 21.3 billion by 2026, at a compound annual growth rate (CAGR) of 5.1% during the forecast period. The key players The Plastic Omnium Group (France), Textron – Kautex (US), Yapp (China), TI Fluid Systems (UK) and Yachiyo (Japan).
The global smart electric drive market size is projected to reach USD 4,245 million by 2026, at a CAGR of 35.9% during the forecast period. The smart electric drive market is dominated by global players such as Nidec Corporation (Japan), Aisin Corporation (Japan), BorgWarner (US), Bosch (Germany) and ZF group (Germany). These companies have been developing new products, adopted expansion strategies, and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the high-growth smart electric drive market.
The in-wheel motor market is expected to grow from USD 808 million in 2021 to USD 4,395 million by 2026, at a compound annual growth rate (CAGR) of 40.3% during the forecast period.The major in-wheel motor market players are Protean Electric (US), Elaphe (Slovenia), ZIEHL-ABEGG (Germany), Printed Motor Works (UK), and NTN (Japan).
The automotive solenoid market is expected to grow from USD 4.3 billion in 2021 to USD 6.2 billion by 2026, at a compound annual growth rate (CAGR) of 7.3% during the forecast period.Robert Bosch GmbH (Germany, Hitachi Ltd. (Japan), Mitsubishi Electric Corporation (Japan, MAHLE Group (Germany), Johnson Electric (US), and BorgWarner (US).
The HD map for autonomous vehicles market is expected to grow from USD 1.4 Billion in 2021 to USD 16.9 Billion by 2030, at a compound annual growth rate (CAGR) of 31.7% during the forecast period.HD maps for autonomous vehicles market including are TomTom (the Netherlands), HERE Technologies (the Netherlands), Waymo (US), NVIDIA (US), Baidu (China), Dynamic Map Platform (Japan), NavInfo (China), and Zenrin (US).
The Railway Cybersecurity Market is expected to grow from USD 6.2 billion in 2021 to USD 10.6 billion by 2027, at a CAGR of 9.4% during the forecast period. The report analyzes all major players in the railway cybersecurity market including Thales Group (France), Siemens AG (Germany), Alstom (France), Wabtec (US), and Nokia Networks (Finland).
The Solid-State Car Battery Market is expected to grow from 27,070 units in 2025 to 661,724 units by 2030, at a CAGR of 89.5% during the forecast period. The global solid-state car battery market is dominated by global players such as Toyota Motor Corporation (Japan), Solid Power (US), QuantumScape (US), Samsung SDI (South Korea), and LG Chem (South Korea). These companies have been developing new products, adopted expansion strategies, and undertaken collaborations, partnerships, and mergers & acquisitions to gain traction in the high-growth market.
The railway telematics market is projected to reach USD 7.3 billion by 2026, at a CAGR of 7.5% during the forecasting period. The key players considered in the analysis of the Railway Telematics market are Siemens (Germany), Hitachi Ltd. (Japan), Alstom (France), Knorr-Bremse (Germany), and Robert Bosch (US). These companies offer extensive products for the Railway Telematics industry and have strong distribution networks, and they invest heavily in R&D to develop new products.
The global construction & heavy equipment telematics market is expected to grow from USD 676 million in 2021 to USD 1,498 million by 2026, at a compound annual growth rate (CAGR) of 17.2% during the forecast period.Verizon (US), Trimble Inc. (US), Topcon Corporation (Japan), Hexagon AB (Sweden), and Robert Bosch (Germany)
The Ride Sharing Market is expected to grow from USD 85.8 billion in 2021 to USD 185.1 billion by 2026, at a CAGR of 16.6% during the forecast period. Didi Chuxing (China), Uber Technologies, Inc (US), Gett (Israel), Lyft, Inc (US), and Grab (Singapore) are the major companies operating in the global market. These companies adopted new product development, and expansion strategies to gain traction in the ride sharing market.
automotive charge air cooler market is is expected to grow from USD 2.8 Billion in 2021 to USD 3.9 Billion by 2026, at a compound annual growth rate (CAGR) of 7.1% during the forecast period.MAHLE GmbH (Germany), T. RAD Co. Ltd. (Japan), Dana Incorporated (US), Valeo (France), and Modine Manufacturing Company (US).
The railway wiring harness market is expected to grow from USD 1.5 billion in 2021 to USD 1.9 billion by 2026, at a compound annual growth rate (CAGR) of 4.6% during the forecast period. Hitachi Ltd. (Japan), Prysmian Group (Italy), TE Connectivity (Switzerland), Leoni (Germany), Nexans (France)
The Automotive Switch Market is expected to grow from USD 6.2 billion in 2021 to USD 7.5 billion by 2026, at a CAGR of 3.8% during the forecast period. The automotive switches market is dominated by global players and comprises several regional players as well. The key players in the automotive switches market are Robert Bosch GmbH (Germany), Continental AG (Germany), ZF Friedrichshafen AG(Germany), Alps Alpine Co., Ltd. (Japan), Panasonic Corporation (Japan).
The global CNG and LPG vehicle market is expected to grow from 2,135 thousand units sales in 2021 to reach 4,389 thousand units sales by 2026, at a compound annual growth rate (CAGR) of 15.5% during the forecast period.Suzuki Motor Corporation (Japan), Honda Motor Company (Japan), Hyundai Motor Group (South Korea), Volkswagen AG (Germany) and Ford Motor Company (US).
The Semi-Trailer Market is expected to grow from USD 29.5 billion in 2020 to USD 41.2 billion by 2025, at a CAGR of 5.6% during the forecast period. The report analyzes all major players in the semi-trailer market including China International Marine Containers (China), Wabash National (US), Schmitz Cargobull AG (Germany), Utility Trailer Manufacturing Company (US), and Fahrzeugwerk Bernard Krone (Germany).
The Automotive Engine Management System Market is expected to grow from USD 58.8 billion in 2020 to USD 63.2 billion by 2025, at a CAGR of 1.5% during the forecast period. The engine management system market is dominated by global players and comprises several regional players as well. The key players in the engine management system market are Robert Bosch (Germany), Continental AG (Germany), Denso (Japan), BorgWarner (US), Hitachi Automotive (Japan), Infineon Technologies (Germany), Hella (Germany), Sanken (Japan), NGK spark plug (Japan).
The Driving Simulator Market is expected to grow from USD 1.5 billion in 2020 to USD 2.1 billion by 2025, at a CAGR of 7.2% during the forecast period. Players in the market like ECA Group, Oktal Sydac, Cruden B.V, and VI-grade design simulator applications for cars, buses, commercial & firefighting trucks, trains, airport vehicles, and police vehicles, which are specifically for driver training, rehabilitation, evaluation, and research.
The automotive data logger market is expected to grow from USD 3.1 billion in 2020 to USD 4.4 billion by 2025 at a compound annual growth rate (CAGR) of 7.0% during the forecast period.The report covers all the major players in the automotive data logger market, including established players such as Aptiv (Ireland), Vector Informatik GmbH (Germany), Continental (Germany), Harman International (US), Racelogic (UK), National Instruments (US), TTTech Group (Austria), Xilinx (US), and IPETRONIK GmbH & Co. KG (Germany).
The baggage handling system market is expected to grow from USD 7.5 billion in 2020 to USD 10.3 billion by 2025 at a compound annual growth rate (CAGR) of 6.6% during the forecast period.The key players in the baggage handling system market are Siemens (Germany), Vanderlande Industries (Netherlands), Daifuku (Japan), Pteris Global Limited (Singapore), BEUMER (Germany), and SITA (Switzerland).
The Automotive Airbag Silicone Market is expected to grow from USD 239 million in 2020 to USD 534 million by 2025, at a CAGR of 17.5% during the forecast period. Dow (US), Elkem Silicones (France), Shin-Etsu Chemical Co., Ltd. (Japan), Wacker Chemie AG (Germany), and Momentive (US) are the major companies operating in the global automotive airbag silicone market. These companies adopted expansion strategies and used mergers & acquisitions to gain traction in the automotive airbag silicone market.
The global piston pin market size is projected to reach USD 314 million by 2025, at a CAGR of 4.0% during the forecasting period. The global piston pin market is dominated by major players such as Burgess Norton (US), Tenneco (US), MAHLE (Germany), Art Metal (Japan), and Rheinmetall Corporation (Germany). The key strategies adopted by these companies to sustain their market position are new product developments, collaborations, and contracts & agreements.
The automotive smart display market is expected to be worth USD 10.9 billion by 2025, at a CAGR of 8.8% during the forecast period. The automotive smart display market is dominated by globally established players such as Robert Bosch GmbH (Germany), Continental AG (Germany), DENSO Corporation (Japan), Valeo (France), Pioneer Corporation (Japan), Panasonic Corporation (Japan), Alpine Electronics, Inc. (Japan), Hyundai Mobis (South Korea), and Nippon Seiki Co., Ltd. (Japan).
The Vehicle Electrification Market is expected to grow from USD 73.7 billion 2020 to USD 129.6 billion by 2025, at a CAGR of 11.9% during the forecast period. The vehicle electrification market is dominated by a few global players and comprises several regional players. Some of the key suppliers operating in the market are Robert Bosch GmbH (Germany), Continental AG (Germany), Delphi Automotive PLC (UK), Denso Corporation (Japan), and Johnson Electric (Hong Kong).
The global automotive glazing market is expected to be worth USD 1.7 billion by 2025, at a CAGR of 9.9%, by value, during the forecast period. Some of the key players in the automotive glazing market are SABIC (Suadi Arabia), Covestro AG (Germany), Teijin (Japan), Webasto SE (Germany), Trinseo (US), Mitsubishi (Japan), Chi Mei Corporation (Taiwan), Freeglass (Germany), KRD Sicherheitstechnik (Germany), and Idemitsu (Japan). SABIC and Covestro adopted the strategies of expansion, and new product development, to retain its leading position in the automotive glazing market.
The automotive heat shield market is expected to reach USD 13.9 billion by 2025, at a CAGR of 3.4% during the forecast period. The automotive heat shield market is dominated by globally established players such as Dana Incorporated (US), Morgan Advanced Materials (UK), Autoneum (Switzerland), ElringKlinger AG (Germany), Lydall Inc. (UK), Tenneco Inc. (US), Carcoustics (Germany), and UGN Inc. (US).
The Automotive Axle & Propeller Shaft Market is expected to grow from USD 21.7 billion in 2020 to USD 25.4 billion by 2025, at a CAGR of 3.2% during the forecast period. The automotive axle and propeller shaft market is dominated by a few global players and comprises several regional players. Some of the key players in the automotive axle and propeller shaft market are ZF Friedrichshafen AG (Germany), American Axle & Manufacturing Holdings, Inc. (US), Dana Incorporated (US), GKN PLC (UK), Showa Corporation (Japan), JTEKT Corporation (Japan), Hyundai Wia Corporation (South Korea), IFA Rotorion Holding GmbH (Germany), and Gestamp Automocion (Spain). The key strategy adopted by the leading players to gain traction in the market was new product innovation and development. For instance, In Feb 2020, Gestamp has developed lightweight chassis that meet safety norms and supply to upcoming vehicle models of Skoda and Volkswagen from 2021 in India. Gestamp is expected to supply the subframe and front control arm for both German OEM vehicle models
The global automotive test equipment market size is projected to grow to reach USD 3.7 billion by 2025, at a CAGR of 4.1% during the forecast period. The global automotive test equipment market is dominated by major players such as ABB (Switzerland), Bosch (Germany), Horiba (Japan), Honeywell (US), Siemens (Germany), and Delphi (UK).
The global automotive power electronics market size is expected to be worth USD 4.7 billion, growing at a CAGR of 4.7% by 2025. The automotive power electronics market is dominated by global players such as Robert Bosch (Germany), Continental AG (Germany), Infineon (Germany), STMicroelectronics (Switzerland), ON Semiconductor (US), Danfoss (Denmark), etc. These companies have adopted strategies of new product development, expansions, collaborations, partnerships, and mergers & acquisitions to gain traction in the market. New product development was most adopted strategy among others.
The global metal forming market for automotive is expected to be worth USD 202.2 billion, growing at a CAGR of 3.2%, by 2025. The metal forming market for automotive is dominated by manufacturers such as Magna (Canada), Benteler (Germany), Tower International (UK), Toyota Boshoku (Japan), and Aisin Seiki (Japan).
The Low-Carbon Propulsion Market is expected to grow from 2,980 thousand units in 2020 to 11,640 thousand units by 2027, at a CAGR of 21.5% during the forecast period. The key players in the low-carbon propulsion market are Tesla (US), BYD (China), Nissan (Japan), Yutong (China), and Proterra (US).
The Automotive Piston Market is expected to grow from USD 1.9 billion in 2020 to USD 2.2 billion by 2025, at a CAGR of 3.5% during the forecast period. The automotive piston market is dominated by global players and comprises several regional players as well. The key players in the automotive piston industry are MAHLE GmbH (Germany), Aisin Seiki Co., Ltd. (Japan), Rheinmetall Automotive AG (Germany), Tenneco Inc. (US), and Art Metal Mfg. Co. Ltd. (Japan).
The semi-autonomous truck market is expected to grow from 948 thousand units in 2020 to USD 3,254 thousand units by 2025 at a compound annual growth rate (CAGR) of 28.0%. during the forecast period.The global semi-autonomous truck market is dominated by major players such as Continental (Germany) Bosch (Germany), Aptiv (UK), AB Volvo (Sweden), and Denso (Japan). All the companies have strong distribution networks at a global level. In addition, these companies offer an extensive product range in this market. These companies have adopted strategies such as new product developments, collaborations, and contracts & agreements to sustain their market position. On the other hand, Embark (US), Tesla (US), TuSimple (US), Caterpillar (US), and Waymo (US) are some of the companies that are focusing on developing autonomous trucks.
The Automotive Airbags & Seatbelts Market is expected to grow from USD 28.2 billion in 2020 to USD 40.4 billion by 2025, at a CAGR of 7.5% during the forecast period. The report analyzes all major tier I suppliers in the automotive airbags & seatbelts market. Autoliv (Sweden), ZF Friedrichshafen (Germany), and Joyson Safety Systems (US) are some of the leading suppliers in the market.