Tire Pressure Monitoring System Industry The tire pressure monitoring system (TPMS) industry is expected to grow at a CAGR of 6.2% from 2024 to 2034, with its market value increasing from USD 3.47 billion in 2024 to USD 6.34 billion by 2034….
Auto Market
Automotive Actuator Industry The global automotive actuator industry was valued at USD 14.2 billion in 2023, with demand expected to grow at a CAGR of 6.9% from 2024 to 2034. The market value is projected to rise from USD 15.1 billion in…
Park Assist System Industry The global park assist system industry is expected to be valued at USD 595.6 million in 2022, with demand anticipated to grow at a CAGR of 14.3%, reaching USD 2.2 billion by 2032. Known as advanced parking guidance…
Night Vision System Industry The global night vision system (NVS) industry is expected to surpass USD 12,418.2 million by 2034, with sales growing at a CAGR of 13.9% during the forecast period. The increasing demand for luxury vehicles and heightened awareness of road safety…
Adaptive Cruise Control Industry The adaptive cruise control industry is projected to reach USD 4.1 billion in 2023, with expectations to grow to USD 13.7 billion by 2033, reflecting a CAGR of 12.7% during the forecast period. This growth is primarily driven…
Adaptive Front Lighting Industry In 2023, the global adaptive front lighting industry is expected to be valued at around USD 718.4 million, with projections to surpass USD 2,374.6 million by 2033, growing at a CAGR of 12.7% throughout the forecast period. The…
ASEAN Automotive Bearings Industry The ASEAN automotive bearings industry is forecasted to reach USD 1.009 billion by 2023 and grow to USD 1.675 billion by 2033, with a CAGR of 5.2%. Automotive bearings are essential in vehicles, reducing friction between rotating parts…
Plain Bearing Industry The plain bearing industry is projected to reach a value of USD 12,019.3 million in 2023, with expectations to grow to USD 20,850.8 million by 2033, reflecting a CAGR of 5.7% over the forecast period. Key Sectors Driving Global…
USA Automotive and Aircraft Interior Genuine Leather Aftermarket The U.S.A afertmarket for genuine leather in automotive and aircraft interiors is expected to grow steadily, with a projected CAGR of 3.5% from 2023 to 2033. The market, valued at USD 8.36 billion in…
The global automotive body-in-white (BIW) industry is currently valued at USD 63.5 billion and is projected to grow to USD 89.4 billion by 2033, with a compound annual growth rate (CAGR) of 3.5% from 2023 to 2033. The market growth is driven by industrialization, globalization, and expanded supply…