The global automotive manufacturing equipment market is poised to grow at a CAGR of 11.1% during the forecast period. It will likely attain a valuation of US$ 6.8 billion in 2024 and US$ 19.4 Billion by 2034. The conveyor belt segment is anticipated to progress at a healthy CAGR of 11.0% during the assessment period. This is attributable to the growing usage of conveyor systems …
Category Archives: Automotive Insights
Blind Spot Monitor Market Soars with 12.0% CAGR to US$ 65.8 Billion by 2034
The global blind spot monitor market value is expected to rise from US$ 21.2 billion in 2024 to US$ 65.8 Billion by 2034. This estimated growth is expected to be driven by an impressive CAGR of 12.0% in the blind spot monitor industry over the next decade. Growing demand for blind spot monitors in cars …
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Automotive Green Tires Market Propels to US$ 25 Billion by 2034 with 4.5% CAGR
The automotive green tires market had an estimated market size of US$ 11.5 billion in 2023 and is expected to reach a global market size of US$ 25 Billion by 2034, increasing at a steady CAGR of 4.5% between 2024 and 2034. By 2024, the market for automotive green tires is likely to reach a valuation …
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Automotive Head-up Display Market to surpass US$ 6.4 billion by 2033
The global automotive head-up display market is expected to attain a valuation of US$ 1.3 billion in 2023 and is projected to reach US$ 6.4 billion by 2033, trailing a CAGR of 17.2% during the forecast period. The automotive industry is swiftly adopting the era of mobility 4.0, marked by the emergence of CASE technologies …
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Asia Pacific excluding Japan (APEJ) Automotive Aftermarket Worth US$ 264 billion by 2033
The Asia Pacific excluding Japan (APEJ) Automotive Aftermarket is predicted to be worth US$ 150 billion in 2023, rising to US$ 264 billion by 2033. The demand is expected to grow at a significant CAGR of 5.8% during the forecast period. Increased production of consumer and passenger vehicles, the employment of cutting-edge technology in the …
Automotive Glass Film Market is projected to rise at 4.6% CAGR by 2033
The global automotive glass film market is set to be valued at over US$ 4,677.5 million in 2023. Over the forecast period, global automotive glass film demand is anticipated to rise at 4.6% CAGR. By 2033, the worldwide automotive glass film market value is projected to reach US$ 7,315.7 million. Demand is expected to remain …
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Zinc-Air Batteries Market worth US$ 3.5 Billion by 2033 at a CAGR of 5.7%
The Zinc-Air Batteries Market is poised for substantial growth, with an estimated Compound Annual Growth Rate (CAGR) of 5.7% over the forecast period from 2023 to 2033. The market size for zinc-air batteries is predicted to experience significant expansion, expected to increase from US$ 2.0 Billion in 2023 to reach US$ 3.5 Billion by 2033. …
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Automotive E-tailing Market Powers to US$ 268 Billion by 2034, Growing 13.4% CAGR
The automotive e-tailing market is estimated to be worth US$ 76.4 billion in 2024 and is projected to be valued at US$ 268 Billion by 2034. Between 2024 and 2034, the market is predicted to rise at a CAGR of 13.4%. Increasing internet penetration worldwide provides a broader consumer base with access to online platforms, facilitating the growth of e-tailing in the automotive …
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Off-highway EV Component Market to be worth US$ 106.2 billion by the end of 2033
The global off-highway EV components market reached US$ 25.7 billion in 2022. Revenue is estimated to reach US$ 29.2 billion in 2023. Over the assessment period from 2023 to 2033, sales are projected to exhibit a 13.9% CAGR. It will also result in a market size of US$ 106.2 billion by the end of 2033. Increasing demand for electric vehicles for off-highway …
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Battery Technology Market is expected to reach US$ 250 billion by 2034
The global battery technology market is likely to secure a valuation of US$ 113.5 billion in 2024, with a CAGR of 8.2% during the forecast period. The global market is expected to surpass US$ 250 billion by 2034. Focus on consumer requirements and minimizing the necessity of critical minerals is gaining traction among the manufacturers. Moreover, developing an intelligent solution to reduce carbon …
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