Automotive components and materials have radically transformed over the years due to the stricter emission norms and improvement in vehicle performance and engine efficiency. Innovative manufacturing technologies have supported ....see more
The global electric scooter motor market is projected to reach USD 1,201.2 million by 2030 at a CAGR of 19.3% during the forecast period. The electric scooter motor market is dominated by established players such as Robert Bosch GmbH (Germany), QS Motor Ltd (China), Lucas TVS Limited (India), Ola Electric Mobility Pvt. Ltd. (India), and MAHLE GmbH (Germany).
The global automotive pump market size is projected to reach USD 12.96 billion by 2035, at a CAGR of 0.5% during the forecast period. The major players in the automotive pump market include Denso Corporation (Japan), Aisin Corporation (Japan), Continental AG (Germany), Robert Bosch GmbH (Germany), and Mitsubishi Electric Corporation (Japan). These companies offer automotive pumps 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. Robert Bosh GmbH for instance, showcased hydrogen circulation pumps designed for high-power fuel cells, at the 2023 Haikou NEV Show.
The automotive conformal coating market is projected to reach USD 3.5 billion by 2030, at a CAGR of 10.0% during the forecast period. The conformal coating market is dominated by globally established players Dow (US), Henkel AG & CO. KGAA (Germany), Chase Corporation (US), H.B. Fuller (US), and Shin-etsu Chemical Co. Ltd. (Japan).
The global electric commercial vehicle traction motor market is projected to reach USD 9.8 billion by 2030, registering a CAGR of 28.8% during the forecast period. The electric commercial vehicle traction motor market is dominated by established players such as ZF Friedrichshafen AG (Germany), Dana Limited (US), Robert Bosch GmbH (Germany), Magna International Inc. (Germany), and Allison Transmission, Inc. (US).
The automotive e-compressor market is projected to reach USD 18.9 billion by 2033, at a CAGR of 12.5% during the forecast period. The e-compressor market is dominated by globally established players DENSO CORPORATION (Japan), Hanon Systems (South Korea), MAHLE GmbH (Germany), VALEO (France), and Sanden Corporation (Japan).
The global automotive filters market is projected to reach USD 14.6 billion by 2030, at a CAGR of 2.1% during the forecast period. The key players in the automotive filters market are MANN+HUMMEL (Germany), Donaldson Corporation (US), Robert Bosch GmbH (Germany), Denso Corporation (Japan), Parker Hannifin (US), Sogefi S.p.A (Italy), Cummins Inc. (US), MAHLE GmbH (Germany), Toyota Boshoku (Japan), and AHLSTROM-MUNKSJO (Sweden). These companies have a strong record in developing and manufacturing automotive filters and their media. They have facilities and manufacturing centers across all regions, such as North America, Asia Pacific, and Europe.
The global electric commercial vehicle market is projected to reach USD 255.6 billion by 2030, registering a CAGR of 23.8% during the forecasting period. The electric commercial vehicle market is dominated by established players such as BYD (China), Mercedes-Benz Group AG (Germany), Yutong (China), AB Volvo (Sweden), and Ford Motor Company (US).
The global automotive paints market is projected to reach USD 9.9 billion by 2028, at a CAGR of 3.2% during the forecast period. Major manufacturers in the Automotive paints market include PPG Industries LLC. (US), Axalta Coating Systems LLC, (US), Akzo Nobel N.V. (Netherlands), BASF SE (Germany), The Sherwin Williams Company (US), Valspar (US), DOW Chemical (US), 3M (US), and KCC (South Korea).
Automotive tire market is projected to reach USD 21.6 billion by 2028 at a CAGR of 2.1% over the forecast period. Prominent companies include Bridgestone Corporation (Japan), Continental AG (Germany), Goodyear Tire & Rubber Company (US), Michelin (France), and Pirelli & C. S.p.A (Italy) is the leading automotive tire manufacturer in the global market.
The in-vehicle infotainment market is projected to reach USD 28.3 billion by 2028, at a CAGR of 11.6% during the forecast period. The in-vehicle Infotainment market is led by established players such as Harman International (US), Panasonic Corporation (Japan), Alps Alpine Co Ltd (Japan), Robert Bosch Gmbh (Germany), and Continental AG (Germany). These companies adopted several strategies to gain traction in this market.
The automotive lightweight materials market is projected to reach USD 101.5 billion by 2027, at a CAGR of 6.5% for the same period. The automotive lightweight materials market is dominated by giants such as BASF SE (Germany), Covestro AG (Germany), LyondellBasell Industries Holdings B.V. (Netherlands), Toray Industries, Inc. (Japan), ArcelorMittal (Germany), ThyssenKrupp AG (Germany), Novelis, Inc. (US), Alcoa Corporation (US), Owens Corning (US), and Stratasys Ltd. (US).
The global car care products market is projected to reach USD 4.8 billion in 2027, at a CAGR of 1.9% during the forecast period. Tetrosyl (UK), Illinois Tool Works (US), 3M (US), Sonax Gmbh (Germany), and Wurth Group (Germany) are the major companies operating in the global car care products market. These companies adopted new product development, and expansion strategies to gain traction in the ride sharing market.
The Electric Vehicle Plastics market is projected to reach USD 12.6 billion in 2027, at a CAGR of 27.9% during the forecast period. The Major players in Electric Vehicle Plastics market includes BASF SE(Germany), Lyondellbasell Industries Holdings B.V. (Netherlands), Sabic (Saudi Arabia), Dow (US) & Dupont (US).
The fluid transfer system market is projected to reach USD 25.0 billion by 2027, at a CAGR of 5.6% during the forecast period. The fluid transfer system market is dominated by global players and comprises several regional players. The key players in the fluid transfer system market are Cooper Standard (US), Kongsberg Automotive (Switzerland), TI fluid systems (UK), Continental AG (Germany), Akwel (France), Gates Corporation (US), Hutchinson (France), Lander Automotive (UK), Tristone (Germany), and Castello Italia (Italy).
The global automotive traction motor market is projected to reach USD 18.4 billion by 2027, grow by CAGR 22.8% during the forecast period. The global automotive traction motor market is dominated by major players BorgWarner Inc. (US), Schaeffler Group (Germany), Nidec Corporation (Japan), Robert Bosch GmbH (Germany), and ZF Friedrichshafen AG (Germany). The key strategies adopted by these companies to sustain their market position are new product developments, mergers & acquisitions, supply contracts, partnerships, expansions, collaborations, acquisitions, and contracts & agreements.
The global automotive valves market is expected to reach USD 28.2 billion by 2027 and grow at CAGR of 2.3% during the forecast period. The major market players include Robert Bosch (Germany), Continental AG (Germany), Denso Corporation (Japan), Aisin Corporation (Japan) and BorgWarner (US). These companies have strong distribution networks at a global level. In addition, these companies offer an extensive range of products. The key strategies adopted by these companies to sustain their market position are new product developments, collaborations, and contracts & agreements.
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 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 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 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 brake friction products market is projected to reach USD 13.3 billion by 2026, at a CAGR of 4.3% during the forecast period. Robert Bosch (Germany), AISIN CORPORATION (Japan), Nisshinbho Holdings Inc. (Japan), Brembo S.p.A (Italy), and Tenneco Inc. (US) are the leading manufacturers of brake friction products in the global market. These companies adopted new product development, and expansion strategies to gain traction in the automotive turbocharger 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 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 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 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 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 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 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 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).
Automotive Shielding Market is expected to grow from USD 20.2 billion in 2020 to USD 24.7 billion by 2025, at a CAGR of 4.1% during the forecast period. The automotive shielding market is dominated by global players such as Tenneco Inc (US), Laird (UK), Henkel (Germany), Dana Incorporated (US), Morgan Advanced Materials (UK), 3M (US), Parker Hannifin (Chomerics) (US), and KGS KITAGAWA INDUSTRIES CO (Japan). These companies have adopted strategies of new product development, expansion, collaborations, partnerships, and mergers & acquisitions to gain traction in the automotive shielding market.
The Metal Casting Market is expected to reach a value of USD 39.94 Billion by 2025,at a CAGR of 8.87% during the forecast period. Some of the key metal casting component manufacturers and suppliers include Nemak (Mexico), Ryobi Limited (Japan), Rheinmetall Automotive (Germany), GF Automotive (Switzerland), Ahresty Corporation (Japan), Dynacast (US), Endurance (India), Mino Industrial (Japan), Aisin Automotive Casting (US) (a subsidiary of Aisin Seiki (Japan)), and Gibbs Die Casting (US). Nemak adopted a stable mix of expansion and acquisition strategies to retain its market position, while Ryobi Limited followed the expansion strategy to remain a prominent player in the metal casting market.
The automotive acoustic materials market is projected to grow at a CAGR of 4.79% from USD 2.4 billion in 2019 to USD 3.5 billion by 2027. The increasing requirement for acoustic efficiency in automobiles for enhanced cabin comfort is the major factor which will drive the acoustic materials market. The automotive acoustic materials market is dominated by global players and comprises several regional players as well. The key players in the automotive acoustic materials market are Dow Chemical (US), BASF (Germany), 3M (US), Covestro (Germany), Henkel (Germany), LyondellBasell (US) and Sumitomo Riko (Japan).
The catalytic converter market is estimated to be USD 42.4 billion in 2018 and is projected to reach USD 73.1 billion by 2025, at a CAGR of 8.10%. The Asia Oceania region is projected to lead the catalytic converter market during the forecast period owing to the highest vehicle production compared to other regions such as North America and Europe. The increasing demand for passenger cars along with the rising stringency in emission norms would further fuel the demand for catalytic converters, especially in the European and North American countries.Faurecia (France), Tenneco (US), Continental (Germany), Eberspächer (Germany), Johnson Maththey (UK), Umicore (Belgium), Futaba (Japan), BAEF (Germany), CDTI Materials (US), and Benteler International (Austria).
The global automotive bushing market is projected to grow from an estimated USD 132.20 billion in 2018 to USD 175.31 billion by 2025, at a CAGR of 4.11% from 2018 to 2025. The market is anticipated to grow due to several factors such as the growing vehicle production, shifting focus toward lightweight vehicles, and increasing demand for electric vehicles in the market.Federal-Mogul (US), Oiles Corporation (Japan), Freudenberg Group (Germany), Cooper Standard Holdings Inc. (US), ZF Friedrichshafen AG (Germany), Tenneco Inc. (US), Continental AG (Germany), CRRC Corporation Limited (China), and Benara Udyog Limited (India).
The torque vectoring market for automotive is primarily driven by the increased demand for luxury and performance vehicles (including SUVs, crossovers, and off-highway vehicles). The torque vectoring market for automotive is projected to grow at a CAGR of 20.01% from 2018 to 2025. From a market size of USD 5.22 billion in 2018, it is projected to reach a market size of USD 18.70 billion by 2025. The important factors driving the growth of this market include the increase in awareness about enhanced safety and vehicle dynamics. Europe region is projected to be the largest torque vectoring market for automotive because of the presence of many developed countries such as Germany, the UK, France, and Spain, which account for a considerable share of the European automotive industry. The market is dominated by established OEMs such as BMW AG (Germany), Daimler AG (Germany), Fiat (Italy), PSA/Peugeot-Citroen (France), and the Volkswagen Group (Germany).
The automotive specialty coatings market is estimated to be USD 3.02 billion in 2018 and is projected to reach USD 3.75 billion by 2025, at a CAGR of 3.12%, from 2018 to 2025. The growing vehicle production, increasing application of coatings, and the increasing adoption rate of AMTs are projected to drive the automotive specialty coatings industry and the advancements in the coating technology. The automotive specialty coatings market consists of manufacturers such as PPG (US), Axalta (US), AkzoNobel (Netherlands), BASF (Germany), Sherwin Williams (US), Kansai (Japan), Covestro (Germany), Solvay (Belgium), DOW Chemical (US), Nippon Paint (Japan), and KCC (South Korea).
The global automotive fastener market is projected to grow from an estimated USD 21.45 Billion in 2018 to USD 25.30 Billion by 2025, at a CAGR of 2.39% from 2018 to 2025. The market is anticipated to grow owing to various reasons such as the growing vehicle production, shifting focus toward lightweight vehicles, and the increasing use of electronics in vehicles. Moreover, manufacturers are also shifting from standard fasteners to customized fasteners, and this new development will also drive the automotive fastener market. The study covers all the major players in the automotive fastener market, including established players such as Bulten AB (Sweden), KAMAX (Germany), Sundram Fasteners (India), Stanley Black & Decker (US), Shanghai Prime Machinery Company (China), SFS Group (Switzerland), and Lisi Group (France). These companies collectively account for a major share of the automotive fastener market. The report also comprises a few other players such as Meidoh Co. (Japan), Nipman Fasteners (India), Piolax (US), Westfield Fasteners (UK), Fontana Gruppo (Italy), Bollhoff (Germany), Nedshroef (Netherlands), Nifco Group (Japan), Boltun Corporation (Taiwan), Chanshu City Standard Parts (China), Wurth Group (Germany), and Simmonds Marshall (India)
The automotive engine encapsulation market is projected to grow at a CAGR of 6.13% from 2018 to 2025. The market for automotive engine encapsulation is estimated to be USD 4.16 Billion in 2018 and is projected to reach USD 6.30 Billion by 2025. The key growth drivers of this market are the growing demand for silent vehicles, the stringent emission norms for the automotive industry, and the rise in demand for fuel-efficient and aerodynamically efficient vehicles. The report covers all the major players in the automotive engine encapsulation market, including established players such as Autoneum (Switzerland), Continental (Germany), Roechling (Germany), ElringKlinger (Germany), Greiner (Austria), Furukawa Electric (Japan), Woco (Germany), Adler Pelzer (Germany), SA Automotive (US), Hennecke (Germany), and a few globally established suppliers, such as BASF (Germany), 3M (Germany), Saint-Gobain (France), Polytec (Austria), Evonik (Germany), Carcoustics (Germany), Uniproducts (India), and UGN (US).
The convertible roof system market is projected to grow at a CAGR of 6.77%, during the forecast period, and is projected to reach USD 2.11 Billion by 2025 from USD 1.33 Billion in 2018. The growth of the global market can be attributed to the growing demand for premium vehicles. Additionally, advances in material technology and increasing consumer preference for convertible roof systems in developing nations are further boosting the convertible roof system globally.The convertible roof system market is dominated by a few global players. Some of the key manufacturers operating in the market are Webasto (US), Magna International (Canada), and Valmet Automotive (Finland).
The global automotive hydraulics system market is estimated to be USD 30.57 Billion in 2016 and is projected to grow at a CAGR of 6.04% from 2017 to reach USD 51.37 Billion by 2025. In this study, 2016 has been considered the base year, and 2017–2025 the forecast period, for estimating the size of the automotive hydraulics system market. The automotive hydraulics system market is dominated by a few globally established players, such as Aisin Seiki (Japan), Robert Bosch (Germany), ZF (Germany), BorgWarner (US), JTEKT (Japan).
Growing demand for improved vehicle performance, increase in fuel efficiency, and the need to minimize vehicle emissions have triggered the growth of the cleaner & degreaser aftermarket. The cleaner & degreaser aftermarket is valued at USD 37.41 Billion in 2016 and is projected to grow at a CAGR of 1.91% during the forecast period. The base year considered for the study is 2016 and the forecast period is from 2017 to 2025. The key manufacturers and suppliers profiled in the report include BASF (Germany), 3M (US), WD-40 (US), Dow Chemical (US), FUCHS (Germany), Wurth (Germany), Zep (US), Penray (US), Radiator (US), and ABRO (US).
The global automotive chassis market is estimated to be USD 50.78 Billion in 2017 and is projected to grow at a CAGR of 5.59% to reach USD 78.44 Billion by 2025. The growth of this market is fueled by growing vehicle production, increasing global demand for LCVs due to industrialization, and the increasing demand for crash safety. The automotive chassis market is dominated by a few globally established players such as Robert Bosch (Germany), Continental (Germany), Benteler (Germany), Magna (Canada), and Aisin Seiki (Japan)
The transmission repair market is projected to grow at a CAGR of 3.25% during the forecast period, from USD 199.16 Billion in 2017 to USD 233.70 Billion by 2022. Rising demand for commercial vehicles, larger vehicle parc, increasing vehicle sales, and the increasing average vehicle miles traveled every year have fueled the growth of the transmission repair market globally. The report covers all the major players in the transmission repair market that include companies such as Allison (US), ZF (Germany), BorgWarner (US), Schaeffler (Germany), and Continental AG (Germany) among others.
The tappet market for automotive is valued at USD 6.90 Billion in 2016 and is projected to reach USD 10.11 Billion by 2025, growing at a CAGR of 3.36% during the forecast period. The base year for the report is 2016 and the forecast period is 2017 to 2025. The report covers all the major players in the tappet market for automotive including Schaeffler (Germany), SKF (Sweden), Eaton (Ireland), Federal-Mogul (US), and NSK (Japan).
The global automotive windshield market is estimated to be USD 14.27 Billion in 2017 and is projected to grow at a CAGR of 6.28% to reach USD 23.24 Billion by the end of 2025. Some of the major drivers identified are the growing vehicle production and the increasing use of windshield for the latest display technologies. The growth of the global automotive industry is expected to fuel the growth of the automotive windshield market. The automotive windshield market is dominated by a few globally established players, such as Saint-Gobain (France), Asahi Glass (Japan), Fuyao Glass (China), Nippon Sheet Glass (Japan), and Central Glass (Japan).
The torque converter market is projected to grow at a CAGR of 5.78% from 2017 and expected to reach USD 9.88 Billion by 2025. The market is driven by the increasing sale of automatics, increasing demand for continuously variable transmission and the rising demand for luxury vehicles. The major companies in the market are profiled in the study. These include Schaeffler (Germany), ZF Friedrichshafen(Germany), Aisin (Japan), Valeo S.A. (France), KAPEC (South Korea), Transtar (US), EXEDY (Japan), Yutaka Giken(Japan), BorgWarner Inc. (US) and Sonnax Industries (US)
The car sunroof market is expected to grow USE 2.4 billion by 2027, at a CAGR of 7.4%, during the forecast period. The report profiles all the major players in the car sunroof market including Webasto (Germany), Magna International (Canada), Valmet Automotive (Finland), and Aisin Seiki (Japan). The report also covers a comprehensive study of the key vendors operating in the car sunroof market. These vendors have been evaluated by considering various factors such as product developments, R&D expenditure, business strategies, and product revenues.